Property score
81.2
Excellent
Overall 81.2 · Larger and newer than most nearby homes
2,326 sqft (top 1%) · Built in 2021 (72 yrs newer than avg)
Located in a above-average income area with median household income of ~66k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Above average
116% larger than neighborhood avg.
Year Built
Above average
72 yrs newer than neighborhood avg.
Mother tongue
English · 66%Tagalog · 6%
Past 10 years Rockwood sales snapshot (~80% of all data)
458
354k
$300/sqft
1949
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81.2 is composed by the two sections below.
Property Score
Community Score
Rockwood
How to read: Share of sales in each ~$50k price band for “rockwood” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110420
$66K
Median household income
$69K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
42%
Single-person households
16%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1-981 Lorette Avenue — 11 amenities found within 500 m, across 7 categories, including 1 dining (nearest 179 m), 1 education (nearest 321 m), 2 healthcare (nearest 188 m).
Rockwood · WPS public data · 2026
Annual incidents
11
2026
vs. city avg
-63%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Property
82%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 1% | Top 1% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1-981 Lorette Avenue, Winnipeg
Key Characteristics & Appeal
This home stands out as a modern, high-value property in Winnipeg's Rockwood neighborhood. Its primary appeal lies in its significant size and premium valuation compared to its surroundings. Built in 2021, it is a notably newer construction in an area dominated by homes from the mid-20th century. With 2,326 sqft of living space, it ranks in the top 1-2% for size both on its street and in the broader neighborhood, offering substantially more room than the local averages.
The assessed value of $869,000 is the highest on Lorette Avenue and in Rockwood, placing it in the top 2% citywide. This indicates a property that has been appraised well above the norm for its area, reflecting its modern build and generous square footage. A less obvious point to consider is the lot size: at 3,990 sqft, it is slightly below the street average. This suggests the home's value is driven almost entirely by the structure itself rather than the land, appealing to those who prioritize interior space over extensive outdoor grounds. This property would best suit buyers looking for a modern, move-in-ready home without the typical maintenance of an older house, and who value ample living space in an established neighborhood. It is ideal for someone seeking a premium asset that leads its immediate market in both size and official valuation.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold for between $850,000 and $900,000 in late 2021. The current assessed value of $869,000 aligns closely with that sale range, suggesting the assessment is in line with its recent market transaction.
2. Is the property unusually large for the area?
Yes. The living area is more than double the street average (1,040 sqft) and neighborhood average (1,076 sqft), ranking it in the top 1-2% of homes locally for size.
3. What does the "Elite" ranking for year built mean?
It means this home, built in 2021, is one of the newest in its comparison group. The average year built for homes on its street is 1951, making this a rare modern construction in an older, established area.
4. Why is the land area ranked as "Below Average"?
While the house itself is large, the lot size of 3,990 sqft is smaller than the neighborhood and city averages for comparable homes. The premium is in the building, not the land parcel.
5. How can I verify the exact historical sold price?
The site provides sold price ranges publicly. Due to industry rules, exact MLS figures are not displayed online. You can request the exact sold price history via email from the site provider for verified figures.
