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56-70 Oak Forest Crescent

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2014 12 years ago
Top 46%31/68
Top 59%54/91
Top 20%5253/26841

56-70 Oak Forest Crescent: For Year Built. On Oak Forest Crescent, around averageTop 46%, rank 31 of 68, and comparable homes in that group average about 2014. in Assiniboia Downs, around averageTop 59%, rank 54 of 91, and comparable homes in that group average about 2016. citywide, above averageTop 20%, rank 5253 of 26841, and comparable homes in that group average about 1990.

Living Area
1,392 sqft
Top 78%53/68
Top 84%76/91
Top 14%3674/26841

56-70 Oak Forest Crescent: For Living Area. On Oak Forest Crescent, below averageTop 78%, rank 53 of 68, and comparable homes in that group average about 1,493 sqft. in Assiniboia Downs, below averageTop 84%, rank 76 of 91, and comparable homes in that group average about 1,528 sqft. citywide, above averageTop 14%, rank 3674 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
56.10k
Top 43%29/68
Top 35%32/91
Top 2%474/26841

56-70 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, around averageTop 43%, rank 29 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, around averageTop 35%, rank 32 of 91, and comparable homes in that group average about 55.90k. citywide, EliteTop 2%, rank 474 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 9/2019500k
MetricSame streetSame areaCity-wide
Sale price
500k
Top 88%60/68

Below average

same street Top 88%

Top 82%75/91

Below average

neighbourhood Top 82%

Top 3%791/26841

Well above average — among the best in this group

Winnipeg Top 3%

Highlights & common questions: 56-70 Oak Forest Crescent, Winnipeg

Property Overview: 56-70 Oak Forest Crescent, Winnipeg

Key Characteristics & Appeal

This property is a well-situated, modern home in Assiniboia Downs, built in 2014. Its key strength lies in its balance of relative newness and established value. With 1,392 sqft of living space and a renovated basement, it offers modern comfort and functional space. The data suggests a home that stands out in its immediate surroundings for its size, ranking in the top 16% on its street, while being very competitively positioned within the wider Winnipeg market for its newer age and assessed value.

Its appeal is grounded in practicality and market positioning. It suits first-time buyers or young families looking for a move-in-ready home without the concerns of an older property, and value-conscious buyers who appreciate a home that ranks highly for its size within the neighbourhood. A thoughtful perspective is its apparent "sweet spot" in the market: it is newer than 91% of Winnipeg homes, yet its assessed value remains in a moderate range, potentially offering a efficient balance of modern amenities without a premium price tag. The 2019 sale price indicates a strong historical value, which may appeal to those looking for a property with a stable transaction history.


Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 1,392 sqft, this home is notably larger than most on its street, ranking in the top 16% for living area in its immediate vicinity.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent.

3. Is the property a good value relative to the area?
The assessed value is moderate for the neighbourhood, ranking near the middle on its street but in the top 28% within Assiniboia Downs. This suggests it is a solid, mid-range value for this specific community.

4. The sold price from 2019 seems high compared to the assessed value. Why?
The $500,000 sale in 2019 reflects the market price at that time. The current assessed value for taxation purposes ($56,100) is not a market valuation and is typically significantly lower; the two figures should not be directly compared.

5. What are the implications of having no garage?
This is a trade-off for the property's other features. Buyers should consider their need for vehicle storage, winter climate preparedness, and the potential to add a shed or carport, subject to local bylaws.

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