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25-70 Oak Forest Crescent

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2020 6 years ago
Top 1%1/68
Top 26%24/91
Top 4%1199/26841

25-70 Oak Forest Crescent: For Year Built. On Oak Forest Crescent, EliteTop 1%, rank 1 of 68, and comparable homes in that group average about 2014. in Assiniboia Downs, above averageTop 26%, rank 24 of 91, and comparable homes in that group average about 2016. citywide, EliteTop 4%, rank 1199 of 26841, and comparable homes in that group average about 1990.

Living Area
1,218 sqft
Top 99%67/68
Top 99%90/91
Top 25%6704/26841

25-70 Oak Forest Crescent: For Living Area. On Oak Forest Crescent, below averageTop 99%, rank 67 of 68, and comparable homes in that group average about 1,493 sqft. in Assiniboia Downs, below averageTop 99%, rank 90 of 91, and comparable homes in that group average about 1,528 sqft. citywide, above averageTop 25%, rank 6704 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
500k
Top 88%60/68
Top 82%75/91
Top 3%791/26841

25-70 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, below averageTop 88%, rank 60 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, below averageTop 82%, rank 75 of 91, and comparable homes in that group average about 55.90k. citywide, EliteTop 3%, rank 791 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 3/202139.40k
MetricSame streetSame areaCity-wide
Sale price
39.40k
Top 100%69/68

Below average

same street Top 100%

Top 100%92/91

Below average

neighbourhood Top 100%

Top 11%3028/26841

Above average

Winnipeg Top 11%

Highlights & common questions: 25-70 Oak Forest Crescent, Winnipeg

Property Overview: 25-70 Oak Forest Crescent, Assiniboia Downs

Key Characteristics & Appeal

This is a modern, low-maintenance property built in 2020, offering a renovated basement and a practical layout in a highly regarded Winnipeg neighbourhood. Its primary appeal lies in its balance of contemporary build quality and location within a top-ranked area. The data indicates it sits in the top tier of its immediate street and wider Assiniboia Downs neighbourhood for both land area and newness, suggesting a premium, well-kept setting.

The home would suit first-time buyers or downsizers seeking a move-in-ready property without the concerns of an older home’s major systems. Its strong assessed value ranking relative to Winnipeg also makes it a sensible consideration for value-focused buyers who prioritize equity stability and neighbourhood prestige over a large interior footprint. A thoughtful perspective is that while the living area is modest relative to the street, this can translate to lower utility costs and less upkeep, aligning with a efficient, modern lifestyle. The appeal is less about standout luxury features and more about secure, low-hassle living in a desirable community.

Frequently Asked Questions

1. Is this a single-family home?
The listing does not specify a building type, and the address format alongside "nearby properties" with identical street numbers suggests this could be a townhouse or condominium-style property. Verification of strata or condo fees would be essential.

2. Why is the living area ranked lower than other metrics?
At 1,218 sqft, the living space is smaller than most on its street. This indicates the street may have larger, older homes, but this property trades square footage for a newer, more efficient build and a highly ranked location.

3. What does the sold price from 2021 indicate?
It sold for $339,400 in March 2021. The jump to a $500,000 assessed value reflects significant market appreciation and the added value of the basement renovation completed since purchase.

4. Are there any concerns with the high assessed value?
While a strong assessed value can indicate good equity, it also means correspondingly higher property taxes. Buyers should budget for this premium associated with a top-tier neighbourhood.

5. What should I verify about the renovated basement?
It’s crucial to confirm whether the renovation was permitted and inspected by the city to ensure the work meets all building codes and safety standards.

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