55 Laurent Drive

Richmond Lakes, Winnipeg

Property score

48.3

Below average

Overall 48.3 · Smaller but newer than most nearby homes

691 sqft (bottom 6%) · Built in 1984 (1 yr newer than avg)

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

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

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer 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

48.3 is composed by the two sections below.

Property Score

31.4Low
Living Area15
691 sqftLow
Year Built73
1984Good
Lot Size38
3,277 sqftLow
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

below average
691 sqft
0255075100
Same streetBottom 5%Same areaBottom 6%CitywideBottom 3%
Same street · Laurent Drive
#102 / 107
Bottom 5% · Avg 978 sqft
Same area · Richmond Lakes
#585 / 622
Bottom 6% · Avg 1,030 sqft
Citywide · Winnipeg
#187,903 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
330k
0255075100
Same streetBottom 33%Same areaBottom 34%CitywideBottom 39%
Same street · Laurent Drive
#72 / 107
Bottom 33% · Avg 341k
Same area · Richmond Lakes
#410 / 622
Bottom 34% · Avg 350.5k
Citywide · Winnipeg
#118,620 / 194,458
Bottom 39% · Avg 390.1k

Year Built

above average
1984
0255075100
Same streetTop 7%Same areaTop 21%CitywideTop 30%

Lot Size

below average
3,277 sqft
0255075100
Same streetBottom 3%Same areaBottom 2%CitywideBottom 16%

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

55 Laurent Drive — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 138 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

55 Laurent Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 55 Laurent Drive, Winnipeg

Property Overview

55 Laurent Drive is a compact, single-family home in Winnipeg's Richmond Lakes neighbourhood. Built in 1984, its key defining characteristic is its efficient scale, sitting well below the average size for both living space and lot area when compared to its immediate street, area, and the wider city. This creates a specific value proposition centered on manageability and location.

Key Characteristics & Appeal

This home presents a clear trade-off. Its 691 square feet of living area is notably smaller than most comparable properties, and its 3,277 square foot lot is among the more compact on the street. However, its assessed value of $330,000 aligns closely with the average for Richmond Lakes, suggesting the price reflects this efficient footprint. The home’s age is a relative strength, as it is newer than many homes in Winnipeg overall.

The primary appeal lies in its practicality. It suits a buyer seeking an entry point into a stable neighbourhood without the maintenance burden of a larger house and yard. It’s ideal for a first-time homeowner, a downsizer, or an investor looking for a manageable rental property. A less obvious perspective is that a smaller, efficiently designed home can offer lower utility costs and less space to furnish and maintain, aligning with a simpler, more cost-conscious lifestyle. The value is not in expansive space, but in securing a position in the community with predictable carrying costs.


Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The assessed value is very close to the Richmond Lakes average, indicating it’s priced consistently for the area. You are paying primarily for the location and the lot, with the understanding that the home itself offers efficient, compact living space.

2. Who would this home suit best?
It’s an excellent fit for first-time buyers, singles, couples, or downsizers who prioritize location and low-maintenance living over square footage. It may also appeal to an investor seeking a relatively affordable rental property in a established area.

3. How does the lot size impact potential use?
The lot is smaller than most on the street. This means minimal yard maintenance, but also limited space for large additions, extensive landscaping, or structures like a sizable garage or shed. It emphasizes low-upkeep outdoor space.

4. The home was built in 1984. What should I consider?
While newer than many Winnipeg homes, a 40-year-old property will likely have had several key components (like roof, windows, furnace) updated. A thorough inspection is essential to understand the condition and age of these major systems.

5. How can I get exact historical sale price data for this property?
The site does not display MLS sold records. To obtain verified, exact sale price history, you must request it directly via the provided email form. The team will perform a manual lookup and send the information to you.