Property score
70.7
Good
Overall 70.7 · 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 ~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
Near average
14% 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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70.7 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
78 Laval Drive — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 340 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 14% | Top 25% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 78 Laval Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a solid, no-fuss opportunity. Its key characteristics include 1,220 sqft of living space, a renovated basement, an attached garage, and a 6,133 sqft lot, all built in 1965. The appeal lies in its established neighbourhood and its position as a functionally sound property without extreme highs or lows in its metrics.
The home’s assessed value is notably strong for its immediate street, ranking in the top 22%, which suggests it may offer better-than-average finishes or condition compared to its direct neighbours. While the living area is average for the area, the renovated basement effectively adds usable space. The lot size is also a quiet advantage—it’s above average citywide, offering good outdoor space for a mature neighbourhood.
This property would suit practical buyers looking for a move-in-ready, single-level layout, such as downsizers, first-time buyers, or small families seeking stability in a long-established community. It’s not a standout in size or newness, but its above-street-average assessment and updated basement point to a home that has been maintained and offers straightforward value without the premium of a brand-new build.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above average for Laval Drive itself, ranking in the top 22% of 58 homes on the street. This indicates it is likely viewed as a higher-quality home on its block compared to immediate neighbours.
2. Is the living space considered large for the area?
At 1,220 sqft, the living area is very close to the average for both the street and the wider Fort Richmond area. It provides standard-sized family accommodation without being exceptionally large or small.
3. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection or inquiry with the listing agent is recommended to determine the finish quality, legal status, and features of the basement space.
4. How does the lot size compare?
The 6,133 sqft lot is slightly below average for Fort Richmond but ranks above average compared to the entire city. This means you get a decent-sized yard for Winnipeg, though it may not be the largest on the block.
5. The home was built in 1965. What should I consider?
While the systems and structure are now 61 years old, the above-average assessment and noted basement renovation suggest updates have been made. A thorough inspection is crucial to understand the condition of the roof, wiring, plumbing, and foundation common to homes of this era.
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