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.