43 Laval Drive

Fort Richmond, Winnipeg

Property score

66.1

Good

Overall 66.1 · Older than most nearby homes

1,220 sqft (bottom 41%) · 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 · 8-min walk to transit with 5 nearby routes · Within 500m: 1 park, and 2 place of worships nearby

Living Area

Near average

14% smaller than neighborhood avg.

Year Built

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

66.1 is composed by the two sections below.

Property Score

65.4Good
Living Area1,220 sqft66Good
Year Built196546Low
Lot Size6,837 sqft85Excellent
Neighbourhood Sales Activity78Good

Community Score

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

Neighbourhood Sales

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.

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.

Rankings

Living Area

around average
1,220 sqft
0255075100
Same streetBottom 45%Same areaBottom 41%CitywideTop 48%
Same street · Laval Drive
#32 / 58
Bottom 45% · Avg 1,264 sqft
Same area · Fort Richmond
#1,538 / 2,629
Bottom 41% · Avg 1,421 sqft
Citywide · Winnipeg
#93,750 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
428k
0255075100
Same streetTop 14%Same areaTop 41%CitywideTop 32%
Same street · Laval Drive
#8 / 58
Top 14% · Avg 389.1k
Same area · Fort Richmond
#1,077 / 2,629
Top 41% · Avg 435.7k
Citywide · Winnipeg
#62,865 / 194,458
Top 32% · Avg 390.1k

Year Built

around average
1965
0255075100
Same streetTop 31%Same areaBottom 20%CitywideBottom 47%

Lot Size

above average
6,837 sqft
0255075100
Same streetTop 17%Same areaTop 42%CitywideTop 18%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

43 Laval Drive — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 294 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%

Sales History

Sold 11/2022CA$400k–450k
Sold price

Same street

Top 29%

Same area

Top 31%

City-wide

Top 30%
Sold 12/2017CA$350k–400k
Sold price

Same street

Top 43%

Same area

Top 48%

City-wide

Top 38%

Related homes

Highlights & common questions: 43 Laval Drive, Winnipeg

Property Overview

43 Laval Drive is a well-maintained, one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1965, it features 1,220 sqft of living space, a renovated basement, and an attached garage on a notably spacious 6,837 sqft lot. The home’s assessed value is strong for its immediate street, ranking in the top 14% of comparable homes on Laval Drive.

Its primary appeal lies in its balance of established community and above-average land size, offering more outdoor space than many city-wide and local comparisons. The renovated basement adds functional living area. It suits practical buyers looking for a solid, single-level home in a mature neighbourhood without the premium of a new build. It’s particularly fitting for those who value a larger yard over having the newest home on the block, and for owners who appreciate a property that holds its value well within its specific local context.

Frequently Asked Questions

Is this a good value for the area?
The data suggests it is. While the living space is average for the area, the property stands out for its higher-than-average assessed value on its own street and its larger land parcel, both of which are positive indicators for value retention.

What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent to understand if it’s a finished living space, updated utilities, or both.

How does the age of the home affect things?
Built in 1965, major components like the roof, windows, and mechanical systems may be at or nearing the end of their typical lifespans. A thorough inspection is advised, but the renovated basement may indicate some updates have already been addressed.

The lot is large. What are the possibilities?
The 6,837 sqft lot is a standout feature, offering ample space for gardening, recreation, or potential future additions like a deck or shed. For the right buyer, this extra outdoor space significantly adds to the home's appeal.

How stable is the property's value?
Recent sale history shows steady appreciation, with the last sale in late 2022 transacting at a higher range than the sale in 2017. Its consistent assessment and sales performance suggest it tracks steadily with the market.

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