Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Laval Drive): Below Average. Ranked #54 out of 58 (Bottom 7%). The street average for comparable homes is 1,264 sqft.
Neighborhood Level (Fort Richmond): Below Average. Ranked #2,180 out of 2,629 (Bottom 17%). The neighborhood average for comparable homes is 1,421 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #132,478 out of 194,457 (Bottom 32%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Laval Drive): Below Average. Ranked #45 out of 58 (Bottom 22%). The street average for comparable homes is 414.6k.
Neighborhood Level (Fort Richmond): Below Average. Ranked #2,375 out of 2,629 (Bottom 10%). The neighborhood average for comparable homes is 468.9k.
Citywide Level (Winnipeg): Below Average. Ranked #111,620 out of 194,455 (Bottom 43%). The citywide average for comparable homes is 435.4k.
Street Level (Laval Drive): Around Average. Ranked #18 out of 58 (Top 31%). The street average for comparable homes is 1965.
Neighborhood Level (Fort Richmond): Below Average. Ranked #2,097 out of 2,629 (Bottom 20%). The neighborhood average for comparable homes is 1972.
Citywide Level (Winnipeg): Below Average. Ranked #102,751 out of 194,457 (Bottom 47%). The citywide average for comparable homes is 1966.
Street Level (Laval Drive): Around Average. Ranked #22 out of 58 (Top 38%). The street average for comparable homes is 6,532 sqft.
Neighborhood Level (Fort Richmond): Below Average. Ranked #1,912 out of 2,629 (Bottom 27%). The neighborhood average for comparable homes is 7,381 sqft.
Citywide Level (Winnipeg): Around Average. Ranked #50,314 out of 194,457 (Top 26%). The citywide average for comparable homes is 6,570 sqft.
Fort Richmond market pulse
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.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
127 Laval Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 444 m), 2 parks (nearest 445 m).
Crime & safety
Waste collection schedule
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Related homes
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Similar assessed value
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Is this home right for you?
Property Overview: 127 Laval Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1965, situated on a generous 6,268 sqft lot in the established Fort Richmond neighbourhood. With 1,040 sqft of living space and a renovated basement, it presents a straightforward, functional layout. The home lacks a garage and pool, keeping maintenance simpler.
Its primary appeal lies in its value and lot size. The assessed value is notably below the neighbourhood average, suggesting a potentially accessible entry point into the area. While the house itself is compact compared to others on the street, the lot is significantly larger than the Winnipeg city-wide average, offering valuable outdoor space and future potential in a mature community. This property would suit first-time buyers, downsizers, or value-focused investors looking for a lower-maintenance home with a sizeable yard in a convenient university-area locale. It’s a practical choice for those who prioritize land over square footage and see opportunity in a solid, no-frills foundation.
Section 2: Frequently Asked Questions
1. Is the price competitive for the area?
Yes. The home’s assessed value ranks below the Fort Richmond average, positioning it as a more affordable option in the neighbourhood, which is often in demand due to its proximity to the University of Manitoba.
2. How does the living space compare to nearby homes?
The living area is smaller than most comparable homes on Laval Drive and in Fort Richmond. This is a key trade-off for the larger lot and lower price point.
3. What is the significance of the lot size?
The lot is a standout feature, larger than approximately 74% of homes across Winnipeg. This provides ample yard space, privacy, and potential for gardening, expansion, or future additions, subject to zoning.
4. What does the sold price history indicate?
Recent sales data shows stable value in the upper $300k to low $400k range. The consistency suggests the market recognizes the property’s established value based on its lot and location.
5. Who might this home not suit?
It may not suit buyers seeking a modern, move-in-ready home with ample indoor living space or garage parking. It’s best for those comfortable with a home of its era and who value the potential of the land itself.