Property score
74.0
Good
Overall 74.0 · Larger and newer than most nearby homes
1,502 sqft (top 8%) · Built in 2019 (70 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
40% larger than neighborhood avg.
Year Built
Above average
70 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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74.0 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
1027 Lorette Avenue — 14 amenities found within 500 m, across 7 categories, including 2 dining (nearest 351 m), 2 education (nearest 427 m), 3 healthcare (nearest 363 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 5% | Top 5% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1027 Lorette Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home stands out in Winnipeg's Rockwood neighborhood as a modern, above-average property in a setting of mostly older homes. Built in 2019, it is newer than over 95% of comparable homes in the immediate area, suggesting contemporary construction and systems. With 1,502 sqft of living space, it offers significantly more room than the typical home on its street and in Rockwood, ranking in the top 10% locally.
The primary appeal lies in its premium positioning. Its assessed value of $571k places it in the top 3% on its street and in the neighborhood, indicating it is viewed as a high-caliber property for the area. This presents a compelling mix: the amenities of a newer, spacious home within the established, mature fabric of Rockwood. A thoughtful perspective is that while the lot size is smaller than area averages, this often translates to less maintenance, which can be a desirable trade-off for buyers seeking a modern interior without extensive yard work.
This property would ideally suit buyers looking for move-in readiness and modern comforts without venturing into a new suburban subdivision. It’s a strong fit for professionals or small families who value space and newer infrastructure, and who appreciate being in a neighborhood where their home’s metrics—like age, size, and value—are notably above the surrounding norms.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is smaller than most in Rockwood and Winnipeg, this typically means lower maintenance. The trade-off is less private outdoor space, but the premium is clearly placed on the modern, spacious interior.
2. Why is the assessed value so much higher than neighboring homes?
The assessed value reflects the combination of the home's new construction (2019), its larger-than-average living area, and the quality of build. It's assessed among the elite properties in Rockwood because it is a clear outlier in age and size.
3. What does the sale history tell us?
The home last sold in late 2019 for an estimated $500k-$550k. This sale at the peak of its new-build value provides a baseline. Its current assessed value ($571k) has risen modestly since that initial purchase.
4. Is this a good value compared to the city overall?
City-wide, the home ranks above average for living space and in the top 10% for assessed value. You are paying a premium for a newer, large home, but it remains below the city's average assessed value benchmark of $390k, suggesting its valuation is anchored by its neighborhood.
5. How can I verify the exact past sale price?
The provided data shows a price range. Due to industry regulations, exact sale prices from MLS are not displayed here. You can request the exact figures via email from the site provider for a manually verified history.
