Property score
68.0
Good
Overall 68.0 · Smaller and older than most nearby homes
1,120 sqft (bottom 26%) · Built in 1965 (7 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 2 place of worships nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Below average
7 yrs older than neighborhood avg.
Mother tongue
English · 55%Chinese · 9%
Past 10 years Fort Richmond sales snapshot (~80% of all data)
1,068
445k
$351/sqft
1972
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68.0 is composed by the two sections below.
Property Score
Community Score
Fort Richmond
How to read: Share of sales in each ~$50k price band for “fort richmond” (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: #46111012
$85K
Median household income
$87K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
17%
Single-person households
23%
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
111 Laval Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 475 m), 2 parks (nearest 418 m).
Fort Richmond · WPS public data · 2026
Annual incidents
38
2026
vs. city avg
+29%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
55%
111 Laval Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This well-situated one-storey home in Fort Richmond offers a practical and comfortable living proposition. Its key appeal lies in the combination of a generous, above-average lot size and a recently renovated basement, providing immediate livable space and future potential. The house itself is a manageable size, suitable for downsizers, first-time buyers, or small families who prioritize low-maintenance, single-level living. While the home is from the 1960s, its ranking as newer than most on its street and in the neighbourhood suggests it may have been built later in the area's development cycle, possibly offering a slightly more modern initial layout. The detached garage and sizable yard are significant assets in this established community, appealing to those seeking outdoor space without the upkeep of a massive property. The assessed value positions it as a mid-range option in Winnipeg, indicating a balanced entry point into a desirable neighbourhood known for its proximity to the University of Manitoba and major routes.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The 5,828 sqft lot is a standout feature, ranking in the top 15% for size within the entire Fort Richmond neighbourhood. This means you're getting more outdoor space than most properties nearby.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it's a finished living space, a rental suite, or updated utility and storage areas.
3. Is the house smaller than others on the street?
With 1,120 sqft of living area, it ranks in the middle third on Laval Drive. It's not the largest, but it's also not the smallest, representing a fairly typical footprint for the street. The renovated basement effectively adds to the usable space.
4. How does the assessed value relate to the likely selling price?
The assessed value of $37,600 is for municipal tax purposes and is typically significantly lower than market value. For context, similar-sized homes in Fort Richmond currently listed as "worth viewing" have market prices far above this assessment. The selling price will be determined by current market conditions.
5. What is the neighbourhood character like?
Fort Richmond is an established, mature neighbourhood with a mix of original owners and newer residents. Its streets, including Laval Drive, feature homes primarily from the 1960s and 70s, offering a settled feel with convenient access to academic, retail, and recreational amenities.
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