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29-381 Oak Forest Crescent

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2013 13 years ago
Top 57%39/68
Top 68%62/91
Top 23%6058/26841

29-381 Oak Forest Crescent: For Year Built. On Oak Forest Crescent, around averageTop 57%, rank 39 of 68, and comparable homes in that group average about 2014. in Assiniboia Downs, around averageTop 68%, rank 62 of 91, and comparable homes in that group average about 2016. citywide, above averageTop 23%, rank 6058 of 26841, and comparable homes in that group average about 1990.

Living Area
1,392 sqft
Top 78%53/68
Top 84%76/91
Top 14%3674/26841

29-381 Oak Forest Crescent: For Living Area. On Oak Forest Crescent, below averageTop 78%, rank 53 of 68, and comparable homes in that group average about 1,493 sqft. in Assiniboia Downs, below averageTop 84%, rank 76 of 91, and comparable homes in that group average about 1,528 sqft. citywide, above averageTop 14%, rank 3674 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
52.30k
Top 78%53/68
Top 69%63/91
Top 3%672/26841

29-381 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, below averageTop 78%, rank 53 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, around averageTop 69%, rank 63 of 91, and comparable homes in that group average about 55.90k. citywide, EliteTop 3%, rank 672 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 8/202265.20k
MetricSame streetSame areaCity-wide
Sale price
65.20k
Top 13%9/68

Above average

same street Top 13%

Top 10%9/91

Above average

neighbourhood Top 10%

Top 1%261/26841

Well above average — among the best in this group

Winnipeg Top 1%

Sold 10/201642.50k
MetricSame streetSame areaCity-wide
Sale price
42.50k
Top 100%69/68

Below average

same street Top 100%

Top 100%92/91

Below average

neighbourhood Top 100%

Top 7%1967/26841

Above average

Winnipeg Top 7%

Highlights & common questions: 29-381 Oak Forest Crescent, Winnipeg

Property Overview & Key Characteristics

This well-maintained home, built in 2013, offers a modern foundation in Winnipeg's Assiniboia Downs neighbourhood. Its primary appeal lies in a combination of solid recent updates and strong community standing. The home features a renovated basement and a practical 1,392 sqft layout. The data suggests it is a standout property within its immediate area, ranking in the top 1% of its neighbourhood and the top 0% city-wide for its street appeal. While it does not have a garage or pool, its value is reflected in its consistent appreciation, having sold for $65.20k in 2022 after a previous sale at $42.50k in 2016.

This property would suit a first-time buyer or an investor looking for a modern, low-maintenance home in a well-regarded local setting. It’s also ideal for someone who values a home that already has key renovations, like the finished basement, and appreciates a location that outperforms most of its direct peers in terms of street and neighbourhood rankings.


Frequently Asked Questions

1. What does the "top 1% in neighbourhood" ranking actually mean?
This ranking is based on the property's overall street appeal and presentation compared to 121 other homes in Assiniboia Downs. It indicates that this home is considered among the very best-maintained or most visually appealing on its street, which can contribute to curb appeal and a sense of pride in the area.

2. The assessed value is significantly lower than the 2022 sale price. Why is that?
Municipal assessed value for tax purposes often lags behind current market values and is calculated using mass appraisal techniques. The 2022 sale price of $65.20k is a clearer indicator of its recent market worth, suggesting the home may have features or conditions that the assessment formula doesn't fully capture.

3. Is the lack of a garage a major drawback?
This depends on buyer needs. For some, it's a compromise for the home's other strengths, like its modern age and renovated basement. The property may have a driveway or potential to add a parking structure, but this would be a key point to verify during a viewing.

4. The home sold twice in six years. Is that a concern?
Not necessarily. The sales in 2016 and 2022 show a clear pattern of value growth. The reasons for sale are common and varied—job relocation, upgrading, or investment. The consistent increase in price points to a desirable property in a stable or appreciating area.

5. How does the living space compare to nearby homes?
At 1,392 sqft, this home is larger than most in its immediate vicinity, ranking in the top 16% on its street. This means it offers more interior space than the majority of comparable neighbouring properties, providing a relative advantage in size.

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