Property score
69.8
Good
Overall 69.8 · Compared with neighbourhood average
1,192 sqft (bottom 45%) · Built in 1953 (3 yrs older than avg)
Located in a high-income area with median household income of ~115k
Transit 56.0 · 5-min walk to transit with 1 nearby route · Within 500m: 2 schools, 2 parks, and 2 place of worships nearby
Living Area
Near average
15% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 3%
Past 10 years Crescent Park sales snapshot (~80% of all data)
250
701k
$402/sqft
1956
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69.8 is composed by the two sections below.
Property Score
Community Score
Crescent Park
How to read: Share of sales in each ~$50k price band for “crescent park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110441
$115K
Median household income
$116K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
20%
Single-person households
31%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
720 Oakenwald Avenue — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 237 m), 2 parks (nearest 247 m).
Crescent Park · WPS public data · 2026
Annual incidents
17
2026
vs. city avg
-42%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
88%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 47% | Bottom 29% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 720 Oakenwald Avenue, Crescent Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Crescent Park offers a compelling blend of space, value, and location. Its key characteristic is a generous 7,073 sqft lot, providing ample outdoor space that ranks well above average for its immediate street and the wider city. The home itself, at 1,192 sqft of living area, is comfortably sized and sits in a renovated basement. A detached garage adds practical storage or workshop space.
The primary appeal lies in its exceptional assessed value proposition. With an assessed value of $46,600, it ranks in the elite top 5% on its own street and well above average in its neighborhood and city, suggesting a relatively low property tax burden for the area. This creates a rare opportunity for value-conscious buyers seeking entry into a established neighborhood. The 1953 build date is also notably newer than many immediate neighbors.
This property would ideally suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. It’s also a smart option for the financially pragmatic buyer who prioritizes long-term value and lower carrying costs, allowing more budget for personalization or savings.
Section 2: Frequently Asked Questions
1. What does the "elite" assessed value ranking actually mean for me?
It indicates this home's official city assessment is very low compared to similar homes on the same street. This typically translates to significantly lower annual property taxes, a major and ongoing cost savings.
2. Is the living space sufficient for a family?
At just under 1,200 sqft with a renovated basement, the home offers functional space for a small family or couple. The true advantage is the large lot, which provides room for children to play or for future expansions like a deck, garden, or addition, subject to permits.
3. How does the 1953 build year affect the home?
While newer than many direct neighbors (averaging 1949 on the street), a home of this age will likely have had major systems updated. A key question for any inspection would be the age and condition of the roof, wiring, plumbing, and foundation.
4. The home last sold in 2016 for $320k. Why is the assessed value so much lower?
Assessed value (for municipal taxation) and market value (what a buyer pays) are calculated differently. The large gap suggests the market has appreciated, but the city's assessment hasn't kept the same pace—a potential financial advantage for the current owner.
5. What is the neighborhood like?
Located on a quiet avenue just steps from Ruttan Bay, the area offers a established, residential feel. The proximity to multiple properties with similar assessed values on nearby streets suggests a consistent and stable character for this specific pocket of Crescent Park.
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