1007 Lorette Avenue

Rockwood, Winnipeg

Property score

73.5

Good

Overall 73.5 · Larger and newer than most nearby homes

1,530 sqft (top 7%) · Built in 2024 (75 yrs newer than avg)

Located in a above-average income area with median household income of ~66k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

42% larger than neighborhood avg.

Year Built

Above average

75 yrs newer than neighborhood avg.

Mother tongue

English · 66%Tagalog · 6%

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

Sold Count

458

Median price

354k

$/sqft

$300/sqft

Avg build year

1949

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Property score

73.5 is composed by the two sections below.

Property Score

75.1Good
Living Area1,530 sqft79Good
Year Built2024100Excellent
Lot Size2,527 sqft28Low
Neighbourhood Sales Activity69Good

Community Score

71.1Good
Household Income68Good
Education Level82Excellent
Housing Stress63Fair
Core Housing Need76Good
Employment Health68Good

Neighbourhood Sales

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.

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: #46110420

Community deep dive

$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

Population, labour & age

Population (2021)727
Labour force participation rate66%
Median age39.6
Avg household size2.0
Unemployment rate7%
Population density4276 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households42%
Couple families with children16%
Median household income (2020)$66K

Housing

Renter households50%
Condominium dwellings0%
Median dwelling value (owners)$286K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority30%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 66%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

above average
1,530 sqft
0255075100
Same streetTop 9%Same areaTop 7%CitywideTop 29%
Same street · Lorette Avenue
#21 / 229
Top 9% · Avg 1,040 sqft
Same area · Rockwood
#78 / 1,121
Top 7% · Avg 1,076 sqft
Citywide · Winnipeg
#55,900 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

Elite
598k
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 8%
Same street · Lorette Avenue
#4 / 229
Top 2% · Avg 321.8k
Same area · Rockwood
#25 / 1,121
Top 2% · Avg 340.6k
Citywide · Winnipeg
#15,687 / 194,458
Top 8% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

Lot Size

below average
2,527 sqft
0255075100
Same streetBottom 6%Same areaBottom 3%CitywideBottom 5%

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

1007 Lorette Avenue — 11 amenities found within 500 m, across 7 categories, including 1 dining (nearest 272 m), 1 education (nearest 413 m), 2 healthcare (nearest 283 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare2
🛒Shopping2
🌳Parks1
💪Sports1
Worship3

Crime & Safety

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%

Sales History

Sold 6/2024CA$600k–650k
Sold price

Same street

Top 2%

Same area

Top 1%

City-wide

Top 5%
Sold 3/2022CA$150k–200k
Sold price

Same street

Bottom 10%

Same area

Bottom 3%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 1007 Lorette Avenue, Winnipeg

Property Overview

This 2024-built home at 1007 Lorette Avenue in Winnipeg's Rockwood neighborhood presents a distinct profile defined by its new construction and premium positioning within an established area. Its appeal is rooted in offering modern living in a convenient location, though it comes with a notable trade-off regarding outdoor space.

Key Characteristics, Appeal & Ideal Buyer

The home’s most defining feature is its newness. Built in 2024, it ranks in the top 1% for year built compared to homes on its street, in Rockwood, and across Winnipeg, where average build years range from 1949 to 1966. This ensures modern building standards, energy efficiency, and minimal immediate maintenance.

Its appeal lies in offering above-average, move-in-ready living space (1,530 sq. ft.) within a neighborhood of mostly older, smaller homes. The assessed value of $598k is elite for the immediate area (top 2%), indicating it is a high-value outlier. This was confirmed by its recent sale in the $600k-$650k range, a significant increase from its 2022 sale price of $150k-$200k, suggesting a tear-down and rebuild scenario.

The primary trade-off is land area. The lot of 2,527 sq. ft. is below average for the street, neighborhood, and city, meaning smaller yards and less outdoor private space—a notable contrast to the generous lots typical of the area.

This property would best suit buyers prioritizing a modern, low-maintenance home in a central location over a large yard. It’s ideal for professionals or small families who want new construction without moving to a distant suburb, and for those who value being in a statistically elite home for its area in terms of size, value, and condition.


Frequently Asked Questions

1. Why is the assessed value so much higher than neighboring homes?
The assessed value reflects the brand-new construction of the home itself. While located on the same street as older, smaller houses, the modern build, materials, and size of this specific property place it in a different value category, ranking in the top 2% for the area.

2. Is the lot size a practical concern?
It depends on your lifestyle. The lot is significantly smaller than the neighborhood average. This means less room for gardening, large play structures, or expansive outdoor entertaining. However, it also translates to less yard maintenance.

3. What does the dramatic increase in sale price from 2022 to 2024 indicate?
The jump from approximately $150k-$200k to $600k-$650k strongly suggests the previous home on the lot was purchased, demolished, and this new home was constructed. This explains its top 1% ranking for year built in an older neighborhood.

4. How does the living space compare practically?
At 1,530 sq. ft., the living area is comfortably above average for the immediate street and Rockwood area, offering more interior space than most nearby homes. It is, however, slightly below the Winnipeg citywide average for comparable properties.

5. Where can I get verified, exact historical sale prices for this home?
The site provides estimated price ranges. Due to industry rules, exact MLS sold records are not displayed. You can request the full transaction history and exact figures via email from the site provider, who will manually look up and send the information.

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