Property score
79.7
Good
Overall 79.7 · Larger and newer than most nearby homes
1,920 sqft (top 3%) · Built in 2015 (66 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: 2 dining spots, 2 schools, 3 healthcare facilitys, and 2 shops nearby
Living Area
Above average
78% larger than neighborhood avg.
Year Built
Above average
66 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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79.7 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
1023 Lorette Avenue — 14 amenities found within 500 m, across 7 categories, including 2 dining (nearest 332 m), 2 education (nearest 445 m), 3 healthcare (nearest 343 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 3% | Top 2% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
1023 Lorette Avenue is a standout home in Winnipeg's Rockwood neighbourhood, built in 2015. Its primary appeal lies in offering modern construction and generous space within an established area, presenting a rare blend of new and old.
Key Characteristics & Ideal Buyer
This home is defined by its significant size and modern age relative to its surroundings. With 1,920 sqft of living space, it ranks in the top 6% on its street and top 3% in Rockwood, offering substantially more room than the typical area home. Its 2015 build date makes it a notably newer property in a neighbourhood where most homes were built in the mid-20th century. The assessed value of $640k reflects this premium, ranking in the top 1% both on the street and in the neighbourhood.
The appeal is clear: you get a contemporary, low-maintenance home with ample interior space without having to move to a new suburban development. It suits buyers looking for modern comforts—like updated systems and layouts—while still enjoying the mature trees and settled character of Rockwood. It’s an ideal fit for a professional or a growing family who values space and newer construction but doesn’t want to compromise on location.
A thoughtful perspective is the lot size. At just over 4,000 sqft, the land area is average for the street but below average for the wider city. This suggests the property’s value is driven overwhelmingly by the size and newness of the home itself, rather than an expansive yard. It’s perfect for those who prefer indoor living space over extensive outdoor maintenance.
1. How does this home’s value compare to nearby properties?
The home’s assessed value of $640k is exceptionally high for the area, doubling the street average of ~$322k. This is directly linked to its large size and very recent build date compared to its neighbours.
2. What does the sold price history indicate?
Records show it last sold in March 2020 for between $600k and $650k. This suggests the current assessed value is in line with its recent market price. Exact figures can be provided upon request.
3. Is the lot size a drawback?
The lot is average for Lorette Avenue but smaller than many city properties. It prioritizes the home’s footprint over yard space. This is a common trade-off for newer infill homes and will appeal more to those who value a large interior over a large garden.
4. Why is this home considered “Elite” in Rockwood?
It ranks in the top 3% for living area and top 1% for assessed value in the neighbourhood. Its 2015 construction date is also in the top 2%. Simply put, it’s a much larger and newer home than almost anything else in the area.
5. Who are the typical neighbours?
The surrounding homes are primarily from the 1920s-1950s, with smaller living areas (often between 680-1,100 sqft) and lower assessed values (typically $200k-$300k). This home is a clear anomaly, offering a different lifestyle within the same established streetscape.
