Property Overview
43 Laval Drive is a well-maintained, one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1965, it features 1,220 sqft of living space, a renovated basement, and an attached garage on a notably spacious 6,837 sqft lot. The home’s assessed value is strong for its immediate street, ranking in the top 14% of comparable homes on Laval Drive.
Its primary appeal lies in its balance of established community and above-average land size, offering more outdoor space than many city-wide and local comparisons. The renovated basement adds functional living area. It suits practical buyers looking for a solid, single-level home in a mature neighbourhood without the premium of a new build. It’s particularly fitting for those who value a larger yard over having the newest home on the block, and for owners who appreciate a property that holds its value well within its specific local context.
Frequently Asked Questions
Is this a good value for the area?
The data suggests it is. While the living space is average for the area, the property stands out for its higher-than-average assessed value on its own street and its larger land parcel, both of which are positive indicators for value retention.
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent to understand if it’s a finished living space, updated utilities, or both.
How does the age of the home affect things?
Built in 1965, major components like the roof, windows, and mechanical systems may be at or nearing the end of their typical lifespans. A thorough inspection is advised, but the renovated basement may indicate some updates have already been addressed.
The lot is large. What are the possibilities?
The 6,837 sqft lot is a standout feature, offering ample space for gardening, recreation, or potential future additions like a deck or shed. For the right buyer, this extra outdoor space significantly adds to the home's appeal.
How stable is the property's value?
Recent sale history shows steady appreciation, with the last sale in late 2022 transacting at a higher range than the sale in 2017. Its consistent assessment and sales performance suggest it tracks steadily with the market.