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40-70 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

40-70 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
1,290 sqft
Top 90%61/68
Top 92%84/91
Top 20%5278/26841

40-70 Oak Forest Crescent: For Living Area. On Oak Forest Crescent, below averageTop 90%, rank 61 of 68, and comparable homes in that group average about 1,493 sqft. in Assiniboia Downs, below averageTop 92%, rank 84 of 91, and comparable homes in that group average about 1,528 sqft. citywide, above averageTop 20%, rank 5278 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
47.40k
Top 96%65/68
Top 90%82/91
Top 4%998/26841

40-70 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, below averageTop 96%, rank 65 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, below averageTop 90%, rank 82 of 91, and comparable homes in that group average about 55.90k. citywide, EliteTop 4%, rank 998 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 7/202041.10k
MetricSame streetSame areaCity-wide
Sale price
41.10k
Top 100%69/68

Below average

same street Top 100%

Top 100%92/91

Below average

neighbourhood Top 100%

Top 9%2468/26841

Above average

Winnipeg Top 9%

Highlights & common questions: 40-70 Oak Forest Crescent, Winnipeg

Property Overview: 40-70 Oak Forest Crescent, Winnipeg

Key Characteristics & Appeal

This property is a modern, low-maintenance unit in the Assiniboia Downs neighbourhood, built in 2018. Its primary appeal lies in its new construction, offering contemporary building standards and systems without the immediate need for major updates. The home features 1,290 sqft of living space and includes a basement, though it is noted as not being renovated.

The standout feature is its exceptional location ranking. It sits in the top tier of its immediate street, neighbourhood, and even city-wide for area, suggesting a premium lot or positioning within a desirable pocket of Assiniboia Downs. While the living space is ample, its size ranks lower on its specific street, indicating it may be surrounded by larger homes, which can be a positive for perceived value and neighbourhood stature.

This home would suit first-time buyers or downsizers seeking a modern, move-in-ready property in a well-regarded location without the upkeep of a large yard or an older structure. It’s also a practical choice for investors or buyers who prioritize newer infrastructure and a strong positional ranking over a large footprint or a finished basement.


Frequently Asked Questions

1. What does the "Top 1% in neighbourhood" ranking actually mean?
This statistic means the property's land area is larger than 99% of other lots in Assiniboia Downs. It highlights a key advantage: you're getting a more substantial piece of land than is typical for the area, which often translates to more outdoor space or a better sense of privacy.

2. The living area ranks in the top 93% on its street. Is that a concern?
This indicates the home's square footage is on the smaller side compared to its direct neighbours. For the right buyer, this isn't a drawback but a feature—it suggests you're in a neighbourhood of larger, potentially higher-value homes while enjoying lower property taxes (based on the $47.4k assessment) and potentially lower utility costs.

3. The basement is listed as "not renovated." What should I expect?
You can expect an unfinished basement. This is common in newer builds and presents a blank canvas for future expansion, allowing you to customize the space to your needs and budget, rather than paying a premium for someone else's finished layout.

4. How does the 2020 sale price compare to the current assessed value?
The property sold for $41,100 in July 2020 and is now assessed at $47,400. This increase reflects market appreciation over four years and the added value of the property maturing from a two-year-old build to an eight-year-old home, which is still considered very modern.

5. There are several properties listed at "0 m" distance. What is this area like?
The listings for 2-70, 4-70, 6-70, and 8-70 Oak Forest Crescent at "0 m" suggest this is likely a townhouse complex, cluster housing, or a small condominium community. This explains the lack of a private garage and indicates a shared streetscape with consistent, modern architecture and common area maintenance.

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