31 Laval Drive

Fort Richmond, ਵਿਨੀਪਿਗ

Property score

67.9

Good

Overall 67.9 · Older than most nearby homes

1,360 sqft (top 43%) · Built in 1965 (7 yrs older than avg)

Located in a above-average income area with median household income of ~66.5k

Transit 82.0 · 7-min walk to transit with 5 nearby routes · Within 500m: 1 park, and 2 place of worships nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

4% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

7 yrs older than neighborhood avg.

Mother tongue

English · 49%Chinese · 16%

Past 10 years Fort Richmond sales snapshot (~80% of all data)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

67.9 is composed by the two sections below.

Property Score

68.4Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,360 sqft71Good
ਤਰੀਕ ਤੋਂ ਬਣਿਆ196546Low
ਜ਼ਮੀਨ6,779 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

67.2Good
Household Income68Good
Education Level91Excellent
Housing Stress20Low
Core Housing Need88Excellent
Employment Health42Low

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111020

Community deep dive

$67K

Median household income

$76K

Average household income

26%

Low income (LIM-AT)

0.3

Income inequality (Gini)

11.9

P90 / P10 ratio

30%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)983
Labour force participation rate53%
Median age29.4
Avg household size2.4
Unemployment rate13%
Population density1068 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households30%
Couple families with children21%
Median household income (2020)$67K

Housing

Renter households61%
Condominium dwellings8%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)34%
Visible minority61%
Bachelor's or higher (25–64)54%
Mother tongue (1st)English · 48%
Mother tongue (2nd)Chinese · 16%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,360 sqft
0255075100
Same streetਟਾਪ 28%Same areaਟਾਪ 43%Citywideਟਾਪ 38%
Same street · Laval Drive
#16 / 58
ਟਾਪ 28% · ਔਸਤ 1,264 sqft
Same area · Fort Richmond
#1,124 / 2,629
ਟਾਪ 43% · ਔਸਤ 1,421 sqft
Citywide · ਵਿਨੀਪਿਗ
#73,421 / 194,458
ਟਾਪ 38% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
426k
0255075100
Same streetਟਾਪ 17%Same areaਟਾਪ 42%Citywideਟਾਪ 33%
Same street · Laval Drive
#10 / 58
ਟਾਪ 17% · ਔਸਤ 389.1k
Same area · Fort Richmond
#1,111 / 2,629
ਟਾਪ 42% · ਔਸਤ 435.7k
Citywide · ਵਿਨੀਪਿਗ
#63,603 / 194,458
ਟਾਪ 33% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1965
0255075100
Same streetਟਾਪ 31%Same areaਹੇਠਲੇ 20%Citywideਹੇਠਲੇ 47%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
6,779 sqft
0255075100
Same streetਟਾਪ 22%Same areaਟਾਪ 46%Citywideਟਾਪ 19%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

31 Laval Drive — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 245 m).

Search radius
🌳Parks1
Worship2

Crime & Safety

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

3/2022 ਵਿਚ ਵਿਕਿਆCA$400k–450k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 25%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 29%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 29%
2/2019 ਵਿਚ ਵਿਕਿਆCA$300k–350k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 25%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 26%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 49%

Related homes

ਵਿਨੀਪਿਗ 31 Laval Drive — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This well-situated Fort Richmond home at 31 Laval Drive is a classic one-storey bungalow built in 1965. Its primary appeal lies in its strong, above-average positioning within its immediate neighbourhood. The home features 1,360 sqft of living space and sits on a generous 6,779 sqft lot, both metrics ranking in the top quarter of similar homes on Laval Drive. A key feature is the renovated basement, adding functional living space. While there is no garage or pool, the property’s assessed value is notably high for the street, suggesting it has been well-maintained or updated relative to its peers.

This home would suit a first-time buyer or downsizer looking for a solid, single-level living option in a mature neighbourhood. It’s particularly appealing for those who value a larger-than-average lot for the area, offering potential for gardening, expansion, or simply more private outdoor space. The renovated basement adds flexibility for a family room, home office, or guest suite. Given its strong standings on its own street, it represents a competitively positioned property within a specific, established community.


Frequently Asked Questions

What does the "above average" ranking for the assessed value on Laval Drive mean?
It means this home’s official assessed value is higher than most of its direct neighbours. This often reflects updates, better condition, or desirable lot features compared to other homes on the same street, which can be a positive signal of its relative worth in the micro-market.

Is the lack of a garage a significant drawback?
That depends on your needs. Many homes in older Winnipeg neighbourhoods lack garages. The large lot does provide ample space for driveway parking and the potential to add a garage or carport in the future, subject to city bylaws.

The home was last sold in 2022. Why might it be back on the market?
While the specific reason isn't listed, a relatively short ownership period is not uncommon. It could be due to a change in job, family circumstances, or a lifestyle adjustment. The recent sale provides a clear, modern price benchmark, which is helpful for valuation.

How does the "renovated basement" affect the living space?
The renovation likely makes the basement area more comfortable and functional as living space, not just storage. However, it's important to clarify the scope and quality of the renovation, including ceiling height, moisture control, and proper egress, to understand its true value and safety.

The home ranks lower for its year built within Fort Richmond. Should I be concerned?
This ranking indicates the home is slightly older than the neighbourhood average. For a 1965 home, this is a minor difference. More important than this broad statistic is the specific condition of major aging components like the roof, windows, and foundation, which should be verified during an inspection.

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