81.2
Excellent
Property score
81.2
Excellent
Overall 81.2
Compared with neighbourhood average
1,484 sqft (bottom 37%)
Built in 2014 (2 yrs older than avg)
Located in a high-income area
with median household income of ~109k
Transit 40.0
19-min walk to transit with 1 nearby route
Within 500m: 2 parks, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
3% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Assiniboia Downs sales snapshot (~80% of all data)
71
650k
$438/sqft
2016
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81.2 is composed by the two sections below.
Property Score
Community Score
Assiniboia Downs
How to read: Share of sales in each ~$50k price band for “assiniboia downs” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111093
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
4-70 Oak Forest Crescent — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 423 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 21% | Top 21% | Top 1% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 2014-built home in Assiniboia Downs offers a modern, low-maintenance lifestyle. Its key appeal lies in a combination of a renovated basement, a newer build that minimizes immediate repair concerns, and a highly desirable location within its neighbourhood. The data indicates it ranks in the top 1% of properties within its immediate neighbourhood for area, suggesting a premium lot or positioning. With 1,484 sqft of living space, it provides ample room without being overly large.
The home would suit first-time buyers seeking a move-in-ready property, or downsizers looking for a modern, single-level living option (assuming a bungalow or similar style, given the living area and basement). Its strong neighbourhood ranking also makes it a sensible choice for value-focused buyers who prioritize location within a community over having the largest house on the block. A thoughtful perspective is that while the home recently sold for $650k, its assessed value is significantly lower; this isn't uncommon for newer homes in strong markets, but it's a point for buyers to discuss with a financial advisor regarding property tax expectations and long-term valuation.
Frequently Asked Questions
1. What does the "top 1% in neighbourhood" ranking actually mean?
This ranking is based on land area. It means this property's lot size or positioning is among the very best in Assiniboia Downs, placing it in the 99th percentile compared to its immediate neighbours.
2. The home recently sold for $650k, but is assessed at $58.80k. Why is there such a large difference?
Municipal assessed value for tax purposes is often different from market value. This gap can be more pronounced for newer homes in high-demand areas. The sale price reflects current market conditions, while the assessment is an administrative valuation.
3. Is this a standalone house or a townhouse/condo?
The listing shows "Garage: None" and lists several nearby properties with the same street number (e.g., 2-70, 6-70, 8-70 Oak Forest Crescent). This strongly suggests it is part of a condominium or townhouse complex with shared grounds and no private garage.
4. What are the implications of having a renovated basement?
A renovated basement adds immediate liveable space and functionality. It's important to verify whether the renovations were permitted and to have the finished areas inspected, as with the rest of the home, to ensure quality.
5. The home is 12 years old. What major maintenance should be anticipated?
While still relatively new, key components like the roof, HVAC system, and major appliances may be nearing the middle or end of their typical lifespans. A thorough inspection is recommended to gauge their current condition and plan for potential future replacements.
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