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.