Property score
71.8
Good
Overall 71.8 · Older than most nearby homes
1,284 sqft (top 49%) · Built in 1966 (6 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 2 place of worships nearby
Living Area
Near average
10% 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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71.8 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
142 Laval Drive — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 372 m), 2 parks (nearest 437 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 | Top 11% | Top 22% | Top 25% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 21% | Bottom 20% | Bottom 48% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 46% | Bottom 38% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 142 Laval Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a compelling blend of established neighbourhood character and above-average investment in the property itself. Its 1,284 sqft living space is competitively sized for the area, but the standout feature is its $440k assessed value, which ranks in the top 5% on its own street. This significant premium suggests substantial updates or additions not immediately apparent in the basic stats, such as the noted renovated basement. The lot is a generous 6,757 sqft, offering ample outdoor space that is above average both for the street and city-wide.
The appeal lies in its position as a substantially upgraded home on a desirable, larger lot within a mature neighbourhood. Built in 1966, it suits buyers looking for the settled, tree-lined streets of Fort Richmond but who want to avoid a full renovation project. The recent sale in April 2024 indicates a very quick turnover, which often points to a home in ready-to-move-in condition. This property would best suit practical buyers or downsizers seeking single-level living, or investors/families who value a large yard and a home that already has major value-add renovations reflected in its assessment. A less obvious perspective is that its elite assessment on the street could mean it sets a new benchmark for the area, potentially influencing future values of neighbouring properties.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to the street average?
The assessment ranks in the top 5% on Laval Drive, strongly indicating that major improvements—like the renovated basement—have been formally recognized, setting this property apart from its neighbours in terms of official valuation.
2. What does the recent sale history tell us?
The property sold in April 2024 and again previously in 2020 and 2017. The rapid resale in 2024 suggests the home is in turnkey condition, but prospective buyers should investigate the reasons for the short ownership period.
3. Is the lot size a major advantage?
Yes. At 6,757 sqft, the land area is above average for both the immediate street and Winnipeg overall, offering valuable outdoor space for gardening, recreation, or future expansion, which is a key asset in an established neighbourhood.
4. Who would this one-storey layout suit best?
The single-level floor plan is ideal for accessibility, making it suitable for downsizers, empty-nesters, or anyone seeking to avoid stairs. Families would need to evaluate if the bedroom layout and living space meet their needs.
5. How does this home compare to the broader Fort Richmond area?
While its living area and year built are average for the neighbourhood, it excels in assessed value and lot size. This positions it as a potentially more modernized and private property compared to many in the area, albeit in an older building shell.
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