Property score
65.7
Good
Overall 65.7 · Smaller and older than most nearby homes
1,078 sqft (bottom 22%) · Built in 1965 (7 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 2 place of worships nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
24% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
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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65.7 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
115 Laval Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 467 m), 2 parks (nearest 424 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 11% | ਹੇਠਲੇ 12% | ਹੇਠਲੇ 43% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 115 Laval Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, 1965-built bi-level home on a quiet street in the established Fort Richmond neighbourhood. With 1,078 sqft of living space and a renovated basement, it offers functional, no-frills living. The lot size is a notable feature, being above the city-wide average, providing generous outdoor space for its footprint.
Its primary appeal lies in its value proposition and location. The home presents an accessible entry point into a desirable, mature neighbourhood known for its proximity to the University of Manitoba, major transportation routes, and amenities. It suits first-time buyers seeking a solid starter home with room to grow, or practical investors looking for a manageable rental property. The renovated basement adds flexible living space, while the larger-than-average lot offers potential for gardening, expansion, or simply more private outdoor space than typically found in newer subdivisions. It’s a home for those who prioritize location and land over sheer square footage, appreciating the character and stability of an older community.
Section 2: Frequently Asked Questions
1. Is the assessed value an accurate reflection of the likely selling price?
Not necessarily. The assessed value for municipal tax purposes is often lower than market value. Recent nearby sales and current market conditions are more reliable indicators of what the home may sell for.
2. What does the "below average" ranking for living area in the neighbourhood mean?
It means that within Fort Richmond, this home's interior square footage is modest compared to many other houses. This typically translates to a lower price point, making it one of the more affordable options in the area.
3. The home is 61 years old. What should I be mindful of?
While the basement has been renovated, a home of this age may have original major systems (like plumbing, electrical, or the roof) that are nearing or past their typical lifespan. A thorough home inspection is strongly advised.
4. There's no garage. Is that common here?
Yes, it's not uncommon for homes of this era and style in Winnipeg. The large lot does provide ample space for driveway parking and the potential to add a garage or carport in the future, subject to local bylaws.
5. How does the lot size compare to a typical new build?
The lot is significantly larger than those in most new suburban developments. This is a key advantage, offering more privacy, green space, and potential than what is typically available in newer construction at a similar price point.
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