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24-70 Oak Forest Crescent

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2018 8 years ago
Top 13%9/68
Top 35%32/91
Top 8%2121/26841

24-70 Oak Forest Crescent: For Year Built. On Oak Forest Crescent, above averageTop 13%, rank 9 of 68, and comparable homes in that group average about 2014. in Assiniboia Downs, around averageTop 35%, rank 32 of 91, and comparable homes in that group average about 2016. citywide, above averageTop 8%, rank 2121 of 26841, and comparable homes in that group average about 1990.

Living Area
1,290 sqft
Top 90%61/68
Top 92%84/91
Top 20%5278/26841

24-70 Oak Forest Crescent: For Living Area. On Oak Forest Crescent, below averageTop 90%, rank 61 of 68, and comparable homes in that group average about 1,493 sqft. in Assiniboia Downs, below averageTop 92%, rank 84 of 91, and comparable homes in that group average about 1,528 sqft. citywide, above averageTop 20%, rank 5278 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
52.80k
Top 71%48/68
Top 63%57/91
Top 2%646/26841

24-70 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, below averageTop 71%, rank 48 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, around averageTop 63%, rank 57 of 91, and comparable homes in that group average about 55.90k. citywide, EliteTop 2%, rank 646 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 1/2019430k
MetricSame streetSame areaCity-wide
Sale price
430k
Top 100%69/68

Below average

same street Top 100%

Top 100%92/91

Below average

neighbourhood Top 100%

Top 7%1866/26841

Above average

Winnipeg Top 7%

Highlights & common questions: 24-70 Oak Forest Crescent, Winnipeg

Property Overview

This 2018-built home in Assiniboia Downs presents a modern, low-maintenance living option. Its key appeal lies in being a relatively new construction within an established neighbourhood, offering a balance of contemporary comforts and community stability. The home features a renovated basement, adding valuable finished living space to its 1,290 sqft layout.

The property ranks exceptionally high for its lot size within its immediate street and broader area, suggesting a more generous outdoor space than many nearby homes—a notable advantage for a newer build. With no garage, it suits buyers comfortable with street parking or adding their own structure. Its strong "newness" ranking indicates it is one of the more recent builds in the wider Winnipeg context, which often translates to modern building standards and less immediate repair needs.

This home would suit first-time buyers or downsizers seeking a modern, move-in-ready property without the upkeep of an older home. The high land ranking makes it particularly appealing for those who value private outdoor space. The renovated basement adds flexibility for a home office, guest space, or recreational room, catering to young professionals, small families, or investors looking for a modern rental property.


Frequently Asked Questions

1. What does the high land area ranking actually mean?
It means this property's lot is larger than most others on its street and in the wider neighbourhood. For a home built in 2018, this is a significant benefit, as newer infill developments often have smaller lots.

2. There is no garage listed. Is there potential to add one?
The listing does not mention a garage, so purchasers should assume street parking. Whether you can add a garage depends on lot bylaws and space; the high land area ranking is a positive indicator that there may be physical room to do so, but it requires verification with the city.

3. The home sold for much less in 2019 than its current assessed value. Why?
The 2019 sale price likely reflects its value as a brand-new home at that time. The current assessed value is for taxation purposes and is influenced by market changes, the basement renovation, and municipal assessment formulas. It is a guideline, not a market price.

4. The basement is noted as renovated. What does that include?
The listing states it is renovated but does not provide specifics. A prospective buyer must inquire about the scope, quality, and permits for this renovation to understand what "finished" space it provides.

5. Several nearby addresses are very similar. What is the setting like?
The proximity of multiple properties with "70 Oak Forest Crescent" addresses suggests this may be a townhouse, duplex, or small condominium complex. This impacts privacy, ownership structure (may include fees), and the feel of the property, requiring clarification on the exact "Building Type."

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