46 Laval Drive

Fort Richmond, Winnipeg

Property score

65.1

Good

Overall 65.1 · Smaller and older than most nearby homes

1,066 sqft (bottom 20%) · 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

25% 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)

Sold Count

1,068

Median price

445k

$/sqft

$351/sqft

Avg build year

1972

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Property score

65.1 is composed by the two sections below.

Property Score

55.4Fair
Living Area1,066 sqft52Fair
Year Built196546Low
Lot Size5,608 sqft74Good
Neighbourhood Sales Activity78Good

Community Score

79.6Good
Household Income79Good
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need76Good
Employment Health60Fair

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: #46111012

Community deep dive

$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

Population, labour & age

Population (2021)745
Labour force participation rate61%
Median age32.8
Avg household size2.9
Unemployment rate9%
Population density3239 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households17%
Couple families with children23%
Median household income (2020)$85K

Housing

Renter households21%
Condominium dwellings4%
Median dwelling value (owners)$368K

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority50%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 55%
Mother tongue (2nd)Chinese · 8%

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

Rankings

Living Area

around average
1,066 sqft
0255075100
Same streetBottom 19%Same areaBottom 20%CitywideBottom 35%
Same street · Laval Drive
#47 / 58
Bottom 19% · Avg 1,264 sqft
Same area · Fort Richmond
#2,102 / 2,629
Bottom 20% · Avg 1,421 sqft
Citywide · Winnipeg
#125,878 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
373k
0255075100
Same streetBottom 40%Same areaBottom 18%CitywideTop 46%
Same street · Laval Drive
#35 / 58
Bottom 40% · Avg 389.1k
Same area · Fort Richmond
#2,167 / 2,629
Bottom 18% · Avg 435.7k
Citywide · Winnipeg
#89,463 / 194,458
Top 46% · Avg 390.1k

Year Built

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

Lot Size

around average
5,608 sqft
0255075100
Same streetBottom 12%Same areaBottom 12%CitywideTop 40%

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

46 Laval Drive — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 301 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 12/2020CA$300k–350k
Sold price

Same street

Bottom 18%

Same area

Bottom 16%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 46 Laval Drive, Winnipeg

Property Overview

46 Laval Drive is a well-maintained bi-level home in Winnipeg's Fort Richmond neighbourhood. Built in 1965, it offers 1,066 sqft of living space, a renovated basement, and sits on a 5,608 sqft lot. The home lacks a garage or pool. Its assessed value is positioned around the city-wide average, suggesting a fair and stable market valuation.

Key Characteristics & Appeal

This home’s primary appeal lies in its practicality and location. The renovated basement adds functional living space, making it ideal for a small family, a first-time buyer, or an investor seeking a manageable property. Its size is modest for the immediate street and neighbourhood, which can be seen as an advantage for those seeking lower utility costs and less maintenance.

The lot size is smaller than most on the street, but this translates to less yard work. Being in Fort Richmond offers access to established community amenities, schools, and major routes. The home suits a buyer looking for a straightforward, no-frills property in a mature neighbourhood without the premium price tag of a larger lot or a more updated build. It represents a grounded entry point into the market.

Frequently Asked Questions

1. How does the home’s size compare to the area?
At 1,066 sqft, the living area is below the average for both Laval Drive and the broader Fort Richmond area, but is very close to the city-wide average. This indicates a compact, efficient layout.

2. What does the assessed value tell me about the property?
With an assessed value around $37,300, it sits near the average for its street and city-wide, but is below the average for Fort Richmond. This suggests the property is fairly valued within the immediate context, without an inflated premium for the neighbourhood.

3. Is the smaller lot a significant drawback?
While the lot is below average in size for the street, it is near the city-wide average. This could mean less outdoor maintenance and a more manageable space, which some buyers may prefer.

4. The home was last sold in late 2020. What does that history indicate?
The sale history shows stable ownership in recent years. For specific sold prices, you can request the exact figures via email from the listing service.

5. What are some less obvious considerations for this property?
Given its age (built 1965), a proactive buyer would want to understand the scope and quality of the basement renovation and the condition of major aging components like the roof and foundation. The lack of a garage is a key functional point to consider for vehicle storage or workshop space.

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