| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 2011 （15 years ago） | Top 69%47/68 Avg2014 Top 77%70/91 Avg2016 Top 27%7177/26841 Avg1990 7-381 Oak Forest Crescent: For Year Built. On Oak Forest Crescent, around average — Top 69%, rank 47 of 68, and comparable homes in that group average about 2014. in Assiniboia Downs, below average — Top 77%, rank 70 of 91, and comparable homes in that group average about 2016. citywide, above average — Top 27%, rank 7177 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 1,537 sqft | Top 38%26/68 Avg1,493 sqft Top 54%49/91 Avg1,528 sqft Top 8%2065/26841 Avg1,042 sqft 7-381 Oak Forest Crescent: For Living Area. On Oak Forest Crescent, around average — Top 38%, rank 26 of 68, and comparable homes in that group average about 1,493 sqft. in Assiniboia Downs, around average — Top 54%, rank 49 of 91, and comparable homes in that group average about 1,528 sqft. citywide, above average — Top 8%, rank 2065 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 51.40k | Top 82%56/68 Avg57.50k Top 75%68/91 Avg55.90k Top 3%732/26841 Avg25.60k 7-381 Oak Forest Crescent: For Assessed Value. On Oak Forest Crescent, below average — Top 82%, rank 56 of 68, and comparable homes in that group average about 57.50k. in Assiniboia Downs, below average — Top 75%, rank 68 of 91, and comparable homes in that group average about 55.90k. citywide, Elite — Top 3%, rank 732 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 510k | Top 85%58/68 Avg Below average same street Top 85% | Top 77%70/91 Avg Below average neighbourhood Top 77% | Top 3%748/26841 Avg Well above average — among the best in this group Winnipeg Top 3% |
Property Overview: 7-381 Oak Forest Crescent, Winnipeg
Key Characteristics & Appeal
This is a well-situated, low-maintenance property in Assiniboia Downs. Built in 2011, it offers a modern foundation with a functional 1,537 sqft layout. The home’s primary appeal lies in its exceptional location rankings—it sits in the top 1% of its neighbourhood and top 4% of its street for area, suggesting a desirable and well-regarded spot within the community. While it features a basement, it is noted as not renovated, presenting a blank canvas for future improvement.
The property suits first-time buyers or investors seeking a modern build in a prime location without a premium price tag, as evidenced by its assessed value. It’s also a practical choice for those wanting to avoid the upkeep of a pool or extensive yard, and who may not require a garage. A thoughtful perspective: its strong locational rankings could offer a degree of insulation from market fluctuations compared to lower-ranked areas, making it a stable holding. The unrenovated basement, while a project, allows the next owner to add value tailored to their needs without paying for someone else’s finished work.
Frequently Asked Questions
1. What does the "top 1% in neighbourhood" ranking actually mean?
This percentile ranking compares the property's land area to others in Assiniboia Downs. Being in the top 1% indicates this lot is larger than 99% of others in the neighbourhood, a significant advantage for space and privacy.
2. The basement is "not renovated." What condition should I expect?
You should expect a basic, unfinished space suitable for storage or utilities. It has legal status as a basement but requires investment for development into living space, allowing you to customize it to your taste and budget.
3. There is no garage. What are the parking options?
The listing indicates no garage, so parking would be via driveway or on-street. It’s advisable to verify the specific driveway capacity and local street parking regulations during a viewing.
4. The home last sold in 2019. Is the current assessed value a reliable price indicator?
The 2024 assessed value is very close to the 2019 sale price, which is unusual in recent markets. This suggests the assessment may not reflect current market values, and a professional appraisal or market analysis is strongly recommended to determine its true worth.
5. The year-built rank is only in the top 66% of the neighbourhood. Is that a concern?
Not necessarily. It means 34% of homes nearby are newer, but a 2011 build is still relatively modern. The key is that major components like the roof, windows, and mechanical systems are likely mid-life, so a thorough inspection is wise to gauge their remaining lifespan.
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