5-390 Oak Forest Crescent

Assiniboia Downs, Winnipeg

Property score

88.6

Excellent

Overall 88.6 · Larger than most nearby homes

2,031 sqft (top 1%) · Built in 2015 (1 yr older than avg)

Located in a high-income area with median household income of ~109k

Transit 0.0

Living Area

Above average

33% larger than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 85%French · 2%

Past 10 years Assiniboia Downs sales snapshot (~80% of all data)

Sold Count

71

Median price

650k

$/sqft

$438/sqft

Avg build year

2016

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Property score

88.6 is composed by the two sections below.

Property Score

93.9Excellent
Living Area94
2,031 sqftExcellent
Year Built94
2015Excellent
Neighbourhood Sales Activity92
Excellent

Community Score

80.7Excellent
Household Income88
Excellent
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111093

Community deep dive

$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

Population, labour & age

Population (2021)1,236
Labour force participation rate70%
Median age46.4
Avg household size2.4
Unemployment rate8%
Population density245 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households23%
Couple families with children28%
Median household income (2020)$109K

Housing

Renter households5%
Condominium dwellings48%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority13%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,031 sqft
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%
Same street · Oak Forest Crescent
#1 / 68
Top 1% · Avg 1,493 sqft
Same area · Assiniboia Downs
#1 / 91
Top 1% · Avg 1,528 sqft
Citywide · Winnipeg
#242 / 26,841
Top 1% · Avg 1,042 sqft

Tax-Assessed Value

Elite
917k
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%
Same street · Oak Forest Crescent
#1 / 68
Top 1% · Avg 575k
Same area · Assiniboia Downs
#1 / 91
Top 1% · Avg 559k
Citywide · Winnipeg
#60 / 26,841
Top 1% · Avg 256.1k

Year Built

above average
2015
0255075100
Same streetTop 32%Same areaTop 49%CitywideTop 17%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

Search radius
No data within 500 m.

Crime & Safety

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%

Sales History

Sold 11/2016CA$850k–900k
Sold price

Same street

Top 4%

Same area

Top 3%

City-wide

Top 1%

Related homes

Highlights & common questions: 5-390 Oak Forest Crescent, Winnipeg

Property Overview & Key Characteristics

This 2015-built home in Assiniboia Downs offers a blend of modern living and established neighbourhood appeal. Its key feature is a renovated basement, adding valuable finished space to the 2,031 sqft living area. The property stands out for its exceptional location rankings, placing in the top 1% of its neighbourhood and even the top 0% across all of Winnipeg for area, indicating a highly desirable and possibly premium lot within the community.

The appeal lies in acquiring a relatively new, low-maintenance home without sacrificing lot size or location. It suits buyers looking for a move-in ready property in a well-regarded area, particularly those who value space and privacy over having a private garage. The strong assessed value and past sale price suggest a property that has held its value well in a competitive segment.

A less obvious perspective is that the lack of a garage, while a consideration, may be offset by the large lot and the renovated basement, which can provide ample storage and flexible living space. The tight cluster of similar addresses nearby suggests a quiet, cohesive cul-de-sac or courtyard setting, which often fosters a strong sense of community.

Frequently Asked Questions

1. What does the "Top %" ranking actually mean?
These rankings compare this specific property against all others on the same street, in the neighbourhood, and across Winnipeg. For example, ranking in the top 1% for area in Winnipeg means its lot size is larger than 99% of all residential properties in the city, a significant advantage.

2. The home sold for $870k in 2016, but is assessed at $91.7k. Why is there such a large difference?
The assessed value is used for calculating municipal property taxes and is not an indicator of current market value. In Manitoba, assessments are typically a fraction of the expected market price. The 2016 sale price is a historical data point showing what a buyer previously paid.

3. There is no garage listed. Is there any parking?
The listing specifies "Garage: None." Buyers should inquire about driveway parking or the availability of a parking pad. The large lot may offer potential for adding a garage in the future, subject to local bylaws.

4. The basement is noted as renovated. What does that include?
The listing confirms the basement is renovated but does not specify the details. A prospective buyer should ask for specifics on the renovation's scope, quality, permits, and whether it includes legal secondary suites or additional bedrooms.

5. The nearby and similar-value properties are listed. What is this showing?
This provides context. The nearby properties are likely in the same complex or subdivision, giving a sense of the immediate surroundings. The similar assessed values show what other homes in various Winnipeg neighbourhoods are taxed at a comparable level, though their market values and styles may differ greatly.