266 Oak Forest Crescent

Assiniboia Downs, Winnipeg

Property score

90.6

Excellent

Overall 90.6 · Larger and newer than most nearby homes

2,556 sqft (top 17%) · Built in 2011 (2 yrs newer than avg)

Located in a high-income area with median household income of ~109k

Transit 40.0 · 15-min walk to transit with 1 nearby route

Living Area

Above average

16% larger than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 2%

Past 10 years Assiniboia Downs sales snapshot (~80% of all data)

Sold Count

52

Median price

940k

$/sqft

$470/sqft

Avg build year

2009

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Property score

90.6 is composed by the two sections below.

Property Score

97.2Excellent
Living Area98
2,556 sqftExcellent
Year Built94
2011Excellent
Lot Size100
17,637 sqftExcellent
Neighbourhood Sales Activity92
Excellent

Community Score

80.7Excellent
Household Income88
Excellent
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Assiniboia Downs

How to read: Share of sales in each ~$50k price band for “assiniboia downs” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111093

Community deep dive

$109K

Median household income

$147K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

23%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)1,236
Labour force participation rate70%
Median age46.4
Avg household size2.4
Unemployment rate8%
Population density245 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households23%
Couple families with children28%
Median household income (2020)$109K

Housing

Renter households5%
Condominium dwellings48%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority13%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,556 sqft
0255075100
Same streetTop 30%Same areaTop 17%CitywideTop 3%
Same street · Oak Forest Crescent
#8 / 27
Top 30% · Avg 2,418 sqft
Same area · Assiniboia Downs
#21 / 121
Top 17% · Avg 2,212 sqft
Citywide · Winnipeg
#4,889 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.49M
0255075100
Same streetTop 22%Same areaTop 6%CitywideTop 1%
Same street · Oak Forest Crescent
#6 / 27
Top 22% · Avg 1.1M
Same area · Assiniboia Downs
#7 / 121
Top 6% · Avg 898.9k
Citywide · Winnipeg
#426 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2011
0255075100
Same streetTop 4%Same areaTop 3%CitywideTop 10%

Lot Size

Elite
17,637 sqft
0255075100
Same streetBottom 48%Same areaTop 36%CitywideTop 2%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

Search radius
No data within 500 m.

Crime & Safety

Assiniboia Downs · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-88%

vs. prior year

Primary type

Property

75%

Sales History

Sold 7/2020CA$1.4M–1.45M
Sold price

Same street

Top 18%

Same area

Top 4%

City-wide

Top 1%

Related homes

Highlights & common questions: 266 Oak Forest Crescent, Winnipeg

Property Summary: 266 Oak Forest Crescent

Key Characteristics & Appeal

This is a spacious, modern bungalow situated on an exceptionally large lot in Winnipeg's Assiniboia Downs neighborhood. Built in 2011, the home offers over 2,500 sqft of living space, an attached garage, and a renovated basement. Its standout feature is the land: at nearly 17,640 sqft, the lot size ranks in the top 2% of all properties in Winnipeg, offering rare potential for privacy, gardening, expansion, or future development.

The appeal lies in a combination of contemporary living and significant land value. The home itself is relatively new and above-average in size for its street and area. However, the true value is in the property's scale and rarity within the city. It suits buyers looking for a substantial, move-in ready bungalow, as well as those who prioritize land over an elaborate house. It would be ideal for families desiring ample outdoor space, multigenerational living with a separate basement entrance, or long-term investors who recognize the inherent value of one of Winnipeg's larger residential lots.

Frequently Asked Questions

1. How does the lot size compare to a typical city lot?
This lot is approximately four times the size of a standard 5,000 sqft Winnipeg residential lot, offering an unusually high degree of privacy and space.

2. The assessed value seems low relative to the last sale price and the home's features. Why is that?
Property assessments in Manitoba are based on mass appraisal for taxation purposes and may not fully capture current market premiums for unique features like an extremely large lot or recent renovations. The significant gap between the assessed value and the last sale price suggests the market highly values these attributes.

3. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. A buyer should verify its compliance with local zoning and building codes if considering rental income or a separate living area.

4. What does the "Top %" ranking for the neighborhood and city mean?
These rankings compare this property against others in the area. For example, its lot size ranks in the top 2% in Winnipeg, meaning 98% of properties have smaller lots. This quantifies its standout features within the broader market.

5. The home was last sold in 2020. What should I consider?
A sale four years ago indicates a relatively recent turnover. It’s worthwhile to investigate what renovations were completed by the current owners and to understand their reason for selling, as this can provide context for the property's condition and the neighborhood's stability.