Property score
65.7
Good
Overall 65.7 · Smaller and older than most nearby homes
1,047 sqft (bottom 17%) · Built in 1965 (7 yrs older than avg)
Located in a above-average income area with median household income of ~85k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 park, and 2 place of worships nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
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” (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
42 Laval Drive — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 285 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 21% | Top 27% | Top 28% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 5% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 42 Laval Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical and straightforward property built in 1965. Its key features include a renovated basement, a detached garage, and a living area of 1,047 sqft situated on a 6,158 sqft lot. The home’s recent sale in late 2024 suggests it is move-in ready.
The primary appeal lies in its value and location. The assessed value is consistent with the local area, offering an affordable entry point into the established Fort Richmond neighbourhood. The lot size is notably above average city-wide, providing good outdoor space—a relative rarity for the price point. The renovated basement adds functional living space.
This property would best suit first-time buyers, downsizers, or practical investors seeking a low-maintenance, single-level layout. It’s for those who prioritize lot size and neighbourhood stability over a large interior footprint or modern architectural style. A thoughtful perspective is that while the home is smaller than many on its street, its lot offers potential for future expansion or gardening, balancing the compact living area.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,047 sqft, the living area is below the average for both Laval Drive and the broader Fort Richmond neighbourhood. This indicates a more compact, efficient layout compared to many nearby homes.
2. What does the assessed value tell me?
The assessed value of $39,600k is around the average for the immediate street and area. This suggests the property is priced in line with local market norms, not over- or under-valued based on municipal assessment.
3. Is the lot a good size?
Yes. The 6,158 sqft lot is a standout feature, ranking in the top 28% city-wide for size. It is larger than the typical Winnipeg lot, offering more private outdoor space than you might expect for the home’s price and style.
4. The home was built in 1965. What should I consider?
As a home from the mid-60s, prospective buyers should prioritize a thorough inspection of foundational, electrical, and plumbing systems. While the basement has been renovated, the core structure and major systems are original and should be evaluated for modern standards and remaining lifespan.
5. Who are the likely neighbours?
The immediate neighbours on Laval Drive are primarily owners of similar one-storey homes from the same era. The consistent year-built data and stable assessed values point to a long-established, stable community, likely with a mix of long-term residents and newer owners.
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