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38-70 Oak Forest Crescent

BasementYes, not 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

38-70 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
1,442 sqft
Top 60%41/68
Top 70%64/91
Top 11%3029/26841

38-70 Oak Forest Crescent: For Living Area. On Oak Forest Crescent, around averageTop 60%, rank 41 of 68, and comparable homes in that group average about 1,493 sqft. in Assiniboia Downs, around averageTop 70%, rank 64 of 91, and comparable homes in that group average about 1,528 sqft. citywide, above averageTop 11%, rank 3029 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
52.70k
Top 72%49/68
Top 65%59/91
Top 2%650/26841

38-70 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, below averageTop 72%, rank 49 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, around averageTop 65%, rank 59 of 91, and comparable homes in that group average about 55.90k. citywide, EliteTop 2%, rank 650 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 7/201942.10k
MetricSame streetSame areaCity-wide
Sale price
42.10k
Top 100%69/68

Below average

same street Top 100%

Top 100%92/91

Below average

neighbourhood Top 100%

Top 8%2113/26841

Above average

Winnipeg Top 8%

Highlights & common questions: 38-70 Oak Forest Crescent, Winnipeg

Property Summary: 38-70 Oak Forest Crescent, Winnipeg

Key Characteristics & Appeal

This property is a modern, low-maintenance home built in 2018, located in the Assiniboia Downs neighbourhood. Its primary appeal lies in its combination of recent construction and a highly efficient use of space. With 1,442 square feet of living area, it offers a comfortable footprint without excessive upkeep. The home features a basement, though it is noted as not being renovated, presenting a blank canvas for future expansion or storage.

The standout feature is its exceptional location within its immediate context. The property ranks in the top 1% of its neighbourhood and the top 0% city-wide for lot size, suggesting a more generous or better-configured parcel of land than nearly all comparable listings. This is a significant advantage for a newer home, offering better outdoor space or privacy than typical in its category. It would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the worries of an older structure, as well as pragmatic investors attracted by the 2018 build date and the underlying value indicated by the lot ranking. A thoughtful perspective is that the unrenovated basement, while not a finished feature, allows the next owner to customize the space to their exact needs without paying a premium for someone else’s choices.

Frequently Asked Questions

1. What does the lot ranking actually mean?
The rankings compare this property to others on its street, in Assiniboia Downs, and across Winnipeg. Being in the top 1% for lot size in the neighbourhood means this property’s land area is larger than 99% of other listings in the immediate area, which is a notable advantage for outdoor space, privacy, or future potential.

2. Is the basement finished?
No, the basement is present but is specifically noted as "not renovated." It is unfinished space, which can be used for storage or utility needs and offers the potential for future customization.

3. Why is the assessed value different from the last sale price?
The property was last sold in July 2019 for $42,100. The current assessed value is $52,700. This increase reflects market changes and municipal assessment updates over time and is not a direct indicator of current listing or sale price.

4. Are there any garage or pool facilities?
According to the provided details, the property does not have a garage or a pool.

5. What are the nearby properties listed?
The listings for addresses like 6-70, 4-70, and 2-70 Oak Forest Crescent suggest this is likely a condominium or townhouse complex with multiple units sharing the same civic address, differentiated by unit numbers. This explains the low-maintenance appeal and the "none" listed for garage (possibly having a separate parking arrangement).

Nearby & similar assessment