51 Laval Drive

Fort Richmond, Winnipeg

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 72.0 · 8-min walk to transit with 5 nearby routes · Within 500m: 1 park, and 2 place of worships nearby

Living Area

Near average

4% 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

67.9 is composed by the two sections below.

Property Score

68.4Good
Living Area1,360 sqft71Good
Year Built196546Low
Lot Size6,873 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

above average
1,360 sqft
0255075100
Same streetTop 28%Same areaTop 43%CitywideTop 38%
Same street · Laval Drive
#16 / 58
Top 28% · Avg 1,264 sqft
Same area · Fort Richmond
#1,124 / 2,629
Top 43% · Avg 1,421 sqft
Citywide · Winnipeg
#73,421 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
393k
0255075100
Same streetTop 41%Same areaBottom 33%CitywideTop 40%
Same street · Laval Drive
#24 / 58
Top 41% · Avg 389.1k
Same area · Fort Richmond
#1,772 / 2,629
Bottom 33% · Avg 435.7k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

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

Lot Size

above average
6,873 sqft
0255075100
Same streetTop 14%Same areaTop 41%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

51 Laval Drive — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 327 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 9/2024CA$450k–500k
Sold price

Same street

Top 4%

Same area

Top 9%

City-wide

Top 18%
Sold 10/2021CA$400k–450k
Sold price

Same street

Top 14%

Same area

Top 25%

City-wide

Top 27%

Related homes

Highlights & common questions: 51 Laval Drive, Winnipeg

Property Overview: 51 Laval Drive, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Fort Richmond home, built in 1965, presents a practical opportunity in a mature neighbourhood. Its key appeal lies in a combination of above-average space and a recent, successful sales history. The 1,360 sqft living area is notably larger than many comparable homes on its own street, and the property sits on a generous 6,873 sqft lot that ranks well above average both locally and city-wide. This offers valuable outdoor space and potential. The home features a renovated basement, adding functional living area. Notably, it sold most recently in late 2024 at a price that ranked in the top tier compared to similar sales, suggesting strong market reception.

The property suits first-time buyers or downsizers looking for a solid, single-storey layout in an established area without the premium of a newer build. Its consistent assessed value, which is average for the area, indicates a stable, predictable investment rather than a speculative play. The lack of a garage may require creative parking or storage solutions but is offset by the larger lot. This home appeals to those who value interior space and yard size over modern fixtures and attached parking.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to the neighbourhood?
The home’s assessed value is very typical for Fort Richmond, ranking near the middle of the pack. However, its recent sold price was in the top 25% of area sales, indicating buyers have been willing to pay a premium above its assessed value, likely due to its condition, lot size, or recent updates.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, the inclusion of a secondary suite or rental potential, and moisture control, which is a key consideration for basements in homes of this era.

3. Is the lack of a garage a significant drawback?
This depends on the buyer’s needs. While many homes in Winnipeg have garages, its absence is reflected in the property’s profile. The larger-than-average lot may provide room for adding a garage or shed in the future, subject to local bylaws.

4. The home was built in 1965. What should I be aware of?
As with any home from the 1960s, the roof, windows, plumbing, and electrical systems should be carefully evaluated to understand their age and condition. The recent basement renovation may have addressed some updates, but a thorough inspection is recommended.

5. How stable is the value on this street?
The data shows consistent sales activity on Laval Drive with homes of similar age and size. The property’s living area and lot size rank above average on the street, which are positive factors for value retention. The recent sale at a strong price point suggests sustained demand for well-positioned homes in this location.

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