787 Lorette Avenue

Earl Grey, Winnipeg

Property score

48.4

Below average

Overall 48.4 · Smaller but newer than most nearby homes

686 sqft (bottom 4%) · Built in 1955 (27 yrs newer than avg)

Located in a above-average income area with median household income of ~75k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 9 dining spots, 3 schools, 3 healthcare facilitys, and 2 shops nearby

Living Area

Below average

43% smaller than neighborhood avg.

Year Built

Above average

27 yrs newer than neighborhood avg.

Mother tongue

English · 81%French · 3%

Past 10 years Earl Grey sales snapshot (~80% of all data)

Sold Count

529

Median price

295k

$/sqft

$299/sqft

Avg build year

1928

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

48.4 is composed by the two sections below.

Property Score

28.8Low
Living Area15
686 sqftLow
Year Built36
1955Low
Lot Size60
4,549 sqftFair
Neighbourhood Sales Activity71
Good

Community Score

77.9Good
Household Income75
Good
Education Level82
Excellent
Housing Stress74
Good
Core Housing Need76
Good
Employment Health90
Excellent

Neighbourhood Sales

Earl Grey

How to read: Share of sales in each ~$50k price band for “earl grey” (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: #46110417

Community deep dive

$75K

Median household income

$80K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

35%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)518
Labour force participation rate78%
Median age34.0
Avg household size2.1
Unemployment rate4%
Population density4709 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households35%
Couple families with children18%
Median household income (2020)$75K

Housing

Renter households38%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority23%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 81%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
686 sqft
0255075100
Same streetBottom 10%Same areaBottom 4%CitywideBottom 3%
Same street · Lorette Avenue
#206 / 229
Bottom 10% · Avg 1,040 sqft
Same area · Earl Grey
#1,186 / 1,239
Bottom 4% · Avg 1,206 sqft
Citywide · Winnipeg
#188,443 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
313k
0255075100
Same streetTop 50%Same areaTop 45%CitywideBottom 33%
Same street · Lorette Avenue
#114 / 229
Top 50% · Avg 321.8k
Same area · Earl Grey
#563 / 1,239
Top 45% · Avg 319.3k
Citywide · Winnipeg
#129,931 / 194,458
Bottom 33% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 18%Same areaTop 11%CitywideBottom 34%

Lot Size

above average
4,549 sqft
0255075100
Same streetTop 40%Same areaTop 9%CitywideBottom 35%

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

787 Lorette Avenue — 21 amenities found within 500 m, across 7 categories, including 9 dining (nearest 303 m), 3 education (nearest 284 m), 3 healthcare (nearest 445 m).

Search radius
🍽️Dining9
🏫Education3
🏥Healthcare3
🛒Shopping2
🌳Parks2
Fuel Stations1
Worship1

Crime & Safety

Earl Grey · WPS public data · 2026

Annual incidents

46

2026

vs. city avg

+56%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

63%

Sales History

Sold 8/2016CA$200k–250k
Sold price

Same street

Bottom 32%

Same area

Bottom 20%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 787 Lorette Avenue, Winnipeg

Property Overview: 787 Lorette Avenue, Winnipeg

Key Characteristics & Appeal

This one-storey home in Earl Grey presents a practical opportunity centered on value and potential. Its key characteristic is its modest 686 sqft living area, which is notably smaller than most comparable homes in the area, neighbourhood, and city. However, this is balanced by a fully renovated basement, adding functional space, and a detached garage. The lot is a significant asset, measuring 4,549 sqft and ranking in the top 9% for size within Earl Grey, offering ample outdoor space uncommon for the neighbourhood. Built in 1955, the house is newer than many in Earl Grey, which may suggest fewer concerns related to the age of core components compared to area averages.

The appeal lies in its efficient footprint and the value of the land itself. It suits buyers looking for an entry point into a well-established neighbourhood like Earl Grey without a premium price tag. It would be ideal for a minimalist, a small household, or an investor seeking a property with a strong land-to-building ratio. A thoughtful perspective is recognizing this as a "lot with a house" – the long-term value may be more tied to the generous, above-average parcel of land in a central neighbourhood than to the current structure's size.

Frequently Asked Questions

1. Is the house too small?
At 686 sqft above grade, the living space is compact. The renovated basement provides crucial additional area, making the total usable space more practical for daily life. It requires an efficient use of space and may not suit those needing multiple large bedrooms or common areas.

2. How does the assessed value compare?
The assessed value is around the average for Lorette Avenue and Earl Grey. This suggests the property is priced in line with its immediate market, with the valuation likely reflecting the smaller home size but also factoring in the renovated basement, detached garage, and larger lot.

3. What is the neighbourhood like?
Earl Grey is a mature, established neighbourhood in Winnipeg. The property's central location offers convenience, and the street appears to have a mix of older and newer homes, as indicated by the nearby comparable listings from 1914 to 2024.

4. What are the main advantages?
The primary advantages are the very large lot for the area, the renovated basement, and the detached garage. The home's 1955 build date is also relatively newer than many neighbours, which can be a positive for certain infrastructure elements.

5. What should I consider about future value?
Value appreciation will likely be linked to the land value and the potential for expansion or redevelopment (subject to zoning). The existing home offers a comfortable living scenario, but the significant lot size is the feature that most distinguishes it from typical properties in the area.