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55-70 Oak Forest Crescent

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2020 6 years ago
Top 1%1/68
Top 26%24/91
Top 4%1199/26841

55-70 Oak Forest Crescent: For Year Built. On Oak Forest Crescent, EliteTop 1%, rank 1 of 68, and comparable homes in that group average about 2014. in Assiniboia Downs, above averageTop 26%, rank 24 of 91, and comparable homes in that group average about 2016. citywide, EliteTop 4%, rank 1199 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

55-70 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
530k
Top 69%47/68
Top 58%53/91
Top 2%628/26841

55-70 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, around averageTop 69%, rank 47 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, around averageTop 58%, rank 53 of 91, and comparable homes in that group average about 55.90k. citywide, EliteTop 2%, rank 628 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 11/2024520k
MetricSame streetSame areaCity-wide
Sale price
520k
Top 81%55/68

Below average

same street Top 81%

Top 71%65/91

Below average

neighbourhood Top 71%

Top 3%684/26841

Well above average — among the best in this group

Winnipeg Top 3%

Sold 8/2020430k
MetricSame streetSame areaCity-wide
Sale price
430k
Top 100%69/68

Below average

same street Top 100%

Top 100%92/91

Below average

neighbourhood Top 100%

Top 7%1866/26841

Above average

Winnipeg Top 7%

Highlights & common questions: 55-70 Oak Forest Crescent, Winnipeg

Property Overview: 55-70 Oak Forest Crescent, Assiniboia Downs

Key Characteristics, Appeal & Ideal Buyer

This home is a modern, low-maintenance property built in 2020, offering a renovated basement and approximately 1,290 sqft of living space. Its primary appeal lies in its combination of new construction benefits and a location that ranks exceptionally high within its immediate context. The data shows it stands in the top 1% of its neighbourhood for street appeal and in the top 3% of all Winnipeg for being a newer build. This suggests a well-regarded, contemporary home on a desirable street.

Financially, it presents a stable and growing asset. The assessed value of $530k aligns with recent similar sales in the area, and the history shows a significant increase from its 2020 sale price, indicating strong capital appreciation in a short period.

This property would ideally suit first-time buyers or downsizers seeking a modern, move-in-ready home without the concerns of an older structure. It also appeals to value-conscious buyers who prioritize statistical outperformance—owning a top-ranked property on its street and in its neighbourhood—over having a larger garage or yard. The renovated basement adds functional living space, making it practical for small families or those who work from home.


Frequently Asked Questions

1. What does the ranking data (Top 1%, etc.) actually mean?
The rankings compare this specific property against all others on the same street, in the Assiniboia Downs neighbourhood, and across Winnipeg for metrics like year built and assessed value. For example, being in the "Top 1% in neighbourhood" for its street means it is considered among the very best streets in the area.

2. Is the sold price from November 2024 the current asking price?
No. The $520k sold price from November 2024 is a historical transaction. The current asking price would be listed separately. This recent sale is a critical data point for understanding the home's current market value.

3. There is no garage listed. Is there alternative parking?
The listing specifies "Garage: None." Prospective buyers should inquire about dedicated driveway parking, visitor parking, or the possibility of adding a garage in the future, as the property may have space not detailed in this summary.

4. The home sold for $43k in 2020 and $520k in 2024. Is that accurate?
Yes, this dramatic increase is typical for a new construction purchase. The 2020 sale likely represented the initial purchase of the brand-new home from the builder, while the 2024 sale reflects its first re-sale on the open market at its appreciated value.

5. The living area is 1,290 sqft, but it ranks in the bottom 7% on its street for size. What does this indicate?
This highlights that Oak Forest Crescent consists of predominantly larger homes. While this property is modern and well-ranked in other categories, buyers should be aware that it is likely one of the more compact homes on this particular street, which may influence both space expectations and property dynamics.

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