245 Laurent Drive

Richmond Lakes, Winnipeg

Property score

74.7

Good

Overall 74.7 · Larger than most nearby homes

1,622 sqft (top 3%) · Built in 1981 (2 yrs older than avg)

Located in a above-average income area with median household income of ~84k

Transit 56.0 · 4-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

Living Area

Above average

57% larger than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 64%French · 5%

Past 10 years Richmond Lakes sales snapshot (~80% of all data)

Sold Count

249

Median price

352.6k

$/sqft

$339/sqft

Avg build year

1983

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Property score

74.7 is composed by the two sections below.

Property Score

75.5Good
Living Area83
1,622 sqftExcellent
Year Built73
1981Good
Lot Size60
4,590 sqftFair
Neighbourhood Sales Activity42
Low

Community Score

73.6Good
Household Income78
Good
Education Level72
Good
Housing Stress74
Good
Core Housing Need76
Good
Employment Health52
Fair

Neighbourhood Sales

Richmond Lakes

How to read: Share of sales in each ~$50k price band for “richmond lakes” (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: #46110955

Community deep dive

$84K

Median household income

$88K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

28%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)1,178
Labour force participation rate56%
Median age45.6
Avg household size2.3
Unemployment rate10%
Population density2356 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households28%
Couple families with children21%
Median household income (2020)$84K

Housing

Renter households25%
Condominium dwellings41%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority29%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

Elite
1,622 sqft
0255075100
Same streetTop 2%Same areaTop 3%CitywideTop 24%
Same street · Laurent Drive
#2 / 107
Top 2% · Avg 978 sqft
Same area · Richmond Lakes
#18 / 622
Top 3% · Avg 1,030 sqft
Citywide · Winnipeg
#47,065 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
368k
0255075100
Same streetTop 9%Same areaTop 25%CitywideTop 48%
Same street · Laurent Drive
#10 / 107
Top 9% · Avg 341k
Same area · Richmond Lakes
#157 / 622
Top 25% · Avg 350.5k
Citywide · Winnipeg
#92,574 / 194,458
Top 48% · Avg 390.1k

Year Built

around average
1981
0255075100
Same streetBottom 5%Same areaTop 50%CitywideTop 33%

Lot Size

around average
4,590 sqft
0255075100
Same streetTop 48%Same areaBottom 44%CitywideBottom 36%

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

245 Laurent Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 250 m).

Search radius
🌳Parks3

Crime & Safety

Richmond Lakes · WPS public data · 2025

Annual incidents

29

2025

vs. city avg

-2%

relative to avg

Year-over-year

0%

vs. prior year

Primary type

Property

72%

Sales History

Sold 1/2021CA$300k–350k
Sold price

Same street

Top 35%

Same area

Top 37%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 245 Laurent Drive, Winnipeg

Property Overview: 245 Laurent Drive, Richmond Lakes, Winnipeg

Key Characteristics & Appeal

This 1981 four-level split home sits on a generous 4,590 sqft lot in the established Richmond Lakes neighbourhood. Its primary appeal lies in its well-above-average living space—at 1,622 sqft, it ranks in the top 3% of homes in the neighbourhood for size—offering room to grow within a mature community. The home features a renovated basement, adding to its functional living area. While the building's age is reflected in its ranking, the property presents a compelling value proposition with a current assessed value of $36,800, which is notably lower than many comparable listings in the area.

This property would suit practical buyers looking for space and value over new construction. It’s ideal for those who appreciate established communities with larger lot sizes and are willing to consider a home where the interior space is a standout feature, even if some updates may be desired. The significant price difference compared to newer builds in nearby South Pointe offers budget flexibility for renovations or simply more affordable square footage.


Frequently Asked Questions

1. How does the assessed value compare to the likely selling price?
The assessed value of $36,800 is for municipal tax purposes and is typically lower than market value. A more relevant benchmark is the home’s last sale price of $33,100 in early 2021, though market conditions have changed since then.

2. What does the "ranking" data for the home’s age really indicate?
While the home’s 1981 build date ranks it as older than most on its street, this is common for established neighbourhoods. The data suggests the street and area are largely developed, offering stability rather than ongoing construction.

3. There’s no garage. Is that typical for the area?
The lack of a garage is a trade-off for the larger lot size. Some nearby properties have garages, but others do not. The lot provides space for potential addition or ample off-street parking.

4. The living area is large, but how does the 4-level split layout function?
Four-level splits offer good separation of living and sleeping areas, often with a den or family room on its own level. This can be great for families but involves more stairs. The renovated basement adds a valuable extra living space.

5. How does this property’s value compare to the nearby "Worth viewing" listings?
The comparable "Worth viewing" homes are often newer (2014-2020) and in different, newer subdivisions like South Pointe, with higher assessed values ($60k-$81k). 245 Laurent Drive offers more established landscaping and community maturity at a significantly lower price point, prioritizing space and lot size over a newer build.