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29-70 Oak Forest Crescent

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2019 7 years ago
Top 7%5/68
Top 31%28/91
Top 5%1423/26841

29-70 Oak Forest Crescent: For Year Built. On Oak Forest Crescent, above averageTop 7%, rank 5 of 68, and comparable homes in that group average about 2014. in Assiniboia Downs, around averageTop 31%, rank 28 of 91, and comparable homes in that group average about 2016. citywide, EliteTop 5%, rank 1423 of 26841, and comparable homes in that group average about 1990.

Living Area
1,479 sqft
Top 51%35/68
Top 64%58/91
Top 10%2575/26841

29-70 Oak Forest Crescent: For Living Area. On Oak Forest Crescent, around averageTop 51%, rank 35 of 68, and comparable homes in that group average about 1,493 sqft. in Assiniboia Downs, around averageTop 64%, rank 58 of 91, and comparable homes in that group average about 1,528 sqft. citywide, above averageTop 10%, rank 2575 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
57.40k
Top 31%21/68
Top 23%21/91
Top 2%437/26841

29-70 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, around averageTop 31%, rank 21 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, above averageTop 23%, rank 21 of 91, and comparable homes in that group average about 55.90k. citywide, EliteTop 2%, rank 437 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 10/201949.50k
MetricSame streetSame areaCity-wide
Sale price
49.50k
Top 90%61/68

Below average

same street Top 90%

Top 85%77/91

Below average

neighbourhood Top 85%

Top 3%821/26841

Well above average — among the best in this group

Winnipeg Top 3%

Highlights & common questions: 29-70 Oak Forest Crescent, Winnipeg

Property Overview: 29-70 Oak Forest Crescent, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, low-maintenance property built in 2019, offering the appeal of a nearly new home without the premium price of a brand-new build. Its key characteristic is a renovated basement, which adds valuable finished living space to the 1,479 sqft layout. The home sits on a street and in a neighbourhood (Assiniboia Downs) that rank exceptionally high for their areas, suggesting a desirable and well-established location.

The primary appeal lies in its move-in readiness and modern efficiency, coupled with strong locational rankings. It suits first-time buyers looking for a contemporary home with immediate livability, or downsizers seeking a manageable property without extensive upkeep. A thoughtful perspective is its 2019 build date: it’s past the initial “teething” phase of a new build where minor issues arise, yet it remains modern with many years of major system life ahead. The sold price history shows a purchase in late 2019 at $49,500, with a current assessed value of $57,400, indicating stable value progression in its early years.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
While the listing confirms the basement is renovated, specifics on the finish, rooms (e.g., bedroom, living area), and quality of materials are not provided. This would be a key point for a viewing or inquiry to the seller.

2. Why is there no garage?
The listing specifies "Garage: None." This is a common feature in certain property types and neighbourhoods. Buyers should consider on-street parking provisions or the potential and cost of adding a shed or carport for storage.

3. The assessed value is higher than the last sold price. What does this mean?
The assessed value ($57,400) is for municipal tax purposes and is a snapshot in time. The last sold price ($49,500 in 2019) was the market price at that date. The difference reflects typical market appreciation over time and the different methodologies between market sales and tax assessments.

4. The living area ranks lower in the neighbourhood. Is it small?
At 1,479 sqft, the living area is above average for Winnipeg overall but ranks in the lower half for its specific neighbourhood. This suggests the immediate area may have larger homes, but this property offers a more efficient, modern footprint that may align perfectly with a buyer’s needs without excess space to heat and maintain.

5. What is the property type (Building Type —)?
The listing does not specify the building type (e.g., single-family detached, townhouse, condo). The address format ("29-70") and the list of nearby properties with similar numbering suggest it could be part of a duplex, row, or condo complex. Verifying the exact title and ownership structure (freehold vs. condominium) is essential.

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