66.4
Good
Property score
66.4
Good
Overall 66.4
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 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 1 park, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
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)
1,068
445k
$351/sqft
1972
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66.4 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: #46111020
$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
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
71 Laval Drive — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 398 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 50% | Bottom 42% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 71 Laval Drive, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a solid, grounded opportunity. Built in 1965, its 1,220 sqft living area is comfortably average for the neighbourhood, but the property stands out for its generous 7,479 sqft lot, which is significantly larger than many nearby homes. A key feature is the renovated basement, adding valuable finished space, and the convenience of an attached garage. The home’s assessed value is notably strong for its immediate street, suggesting it has been maintained or updated in ways that official metrics recognize.
Its primary appeal lies in this combination of ample outdoor space and move-in-ready interior space, including the basement. It suits practical buyers looking for a single-level layout in a mature neighbourhood, possibly downsizers or young families valuing a large yard over a massive house. A thoughtful perspective is that while the home itself is of average size, the above-average land parcel offers future potential—whether for gardening, expansion, or simply enjoying more privacy than typical lots in the area. It’s a property where the land may be the long-term asset.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value is a municipal figure for tax purposes and is typically lower than market value. The home’s assessed value is above average on its street, indicating it’s in good standing, but the final sale price will be determined by current market conditions.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, moisture control, and the current layout to understand how it functions as living space.
3. Is the large lot a common feature in this area?
No, the lot size is a standout feature. It ranks in the top 9% on Laval Drive itself, meaning you get more outdoor space than most direct neighbours, which is a valuable differentiator.
4. What are the typical property taxes for this home?
While not listed here, property taxes can be estimated using the assessed value of $43,800k and Winnipeg’s current mill rate. Your real estate agent or the City of Winnipeg can provide a precise calculation.
5. Are there any known issues with homes of this age?
Homes built in the mid-1960s may have original components nearing the end of their lifespan, such as the roof, windows, or plumbing. A thorough home inspection is recommended to identify any needed updates or maintenance.
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