94 Laval Drive

Property Summary: 94 Laval Drive, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, one-storey home built in 1965, offering 1,400 sqft of living space with a renovated basement. It sits on a 5,925 sqft lot and does not include a garage or pool. The home’s primary appeal lies in its solid, move-in-ready foundation within a mature and established neighbourhood. Its living area is notably above average for Laval Drive itself, providing more interior space than many direct neighbours. The renovated basement adds functional living or recreational space, a significant update for a home of this vintage.

The property suits first-time buyers or downsizers seeking a single-level layout without major immediate renovations. It also appeals to value-oriented buyers who prioritize a home that has been cared for over one with the newest fixtures. A thoughtful perspective is its positioning as a "middle-ground" property: it isn't the largest or newest on the street, but it holds its own with above-average interior space and updates, potentially offering a balance of affordability and comfort in a stable area.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
Its 1,400 sqft living area ranks in the top 26% on Laval Drive, meaning it offers more interior space than most comparable homes on the same street. However, its lot size is slightly smaller than the street average.

2. What is the significance of the assessed value?
The assessed value of $39,700 is around the average for the local area, city, and street. This suggests the property is valued consistently with the market, neither standing out as undervalued nor overvalued based on official assessment metrics.

3. What can the 2016 sale price range tell me?
The sold price range of $27.5k - $30.5k in April 2016 provides a historical benchmark. It indicates substantial assessed value appreciation since that time, highlighting the market movement over the past nine years.

4. Are there any obvious drawbacks from the data?
The home lacks a garage, which is common for many older properties but is a consideration for parking and storage. The lot, while a good size city-wide, is below the average for both the street and the Fort Richmond neighbourhood.

5. How can I find out the exact past sale prices?
The exact sold prices are not publicly listed in detail. The listing service offers to provide this information manually via email upon request, with a commitment to reply by the end of the same business day without using your email for unsolicited marketing.