Property score
73.2
Good
Overall 73.2 · Older than most nearby homes
1,312 sqft (top 47%) · Built in 1966 (6 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, 1 park, and 2 place of worships nearby
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Below average
6 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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73.2 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
126 Laval Drive — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 399 m), 1 parks (nearest 396 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 12% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 126 Laval Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a practical opportunity. Built in 1966, its 1,312 sqft of living space and recently renovated basement offer comfortable, single-level living. The lot size of just over 6,000 sqft is notably larger than many city-wide comparables, providing good outdoor space.
The primary appeal lies in its value proposition within a mature neighbourhood. The home’s assessed value is positioned below the average for both its immediate street and the broader Fort Richmond area, which could signal an entry point into a desirable location. It suits first-time buyers or downsizers seeking a manageable, updated footprint without a premium lot price. A thoughtful perspective is that while the home itself is older, its "elite" ranking for year built on its street suggests it is among the newest on the block, potentially indicating a street of well-kept, established properties. The absence of a garage is a trade-off for the lot size, appealing to those who prioritize yard space over vehicle storage.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value of $360k is for municipal tax purposes. Notably, it is below the local area average, but recent sold prices on the street from late 2020 were significantly lower. The market has changed since then, so a current professional appraisal or comparative market analysis is essential.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and whether it includes a separate entrance, additional bedrooms, or a legal suite.
3. How does the lack of a garage impact utility and value?
This is a key consideration for Winnipeg winters. The generous lot may allow for a future garage addition (subject to bylaws), but the upfront cost and effort would fall to the buyer. It may suit households with one vehicle or those comfortable with street parking.
4. The home is older; what should I investigate?
While the basement is updated, a 1966-built home will have aging core components. A thorough inspection should focus on the roof, foundation, plumbing, electrical systems, and windows to understand upcoming maintenance or upgrade costs.
5. What are the advantages of the Fort Richmond location?
Fort Richmond is a mature neighbourhood near the University of Manitoba, offering access to academic institutions, transit routes, and retail amenities. It typically attracts a mix of academics, students, and families seeking a stable, established community.
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