Property score
50.4
Fair
Overall 50.4 · Smaller than most nearby homes
882 sqft (bottom 25%) · Built in 1947 (2 yrs older than avg)
Located in a above-average income area with median household income of ~66k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
18% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
2 yrs older 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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50.4 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
1039 Lorette Avenue — 14 amenities found within 500 m, across 7 categories, including 4 dining (nearest 388 m), 1 education (nearest 393 m), 2 healthcare (nearest 400 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 1% | ਹੇਠਲੇ 1% | ਹੇਠਲੇ 2% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
1039 Lorette Avenue is a compact, post-war home in Winnipeg's Rockwood neighborhood. Its primary appeal lies in being an accessible entry point into the market, offering a balance of a manageable size and a lot that is typical for the immediate area. The data suggests it is a value-conscious option in a neighborhood of generally higher-valued homes.
Key Characteristics & Ideal Buyer
This 882 sqft bungalow, built in 1947, sits on a roughly 4,300 sqft lot. Its most defining characteristic is its assessed value of $158k, which is significantly below the averages for Lorette Avenue ($321.8k), Rockwood ($340.6k), and Winnipeg overall ($390.1k). This positions the property as one of the most affordable homes in its vicinity.
The appeal is straightforward: lower property taxes and a lower barrier to entry compared to neighboring houses. It suits first-time buyers or investors seeking a foothold in a mature neighborhood without a premium price tag. The living space is modest but on par with many nearby homes, making it a practical, no-frills option. A thoughtful perspective is that this price point in this location could allow a buyer financial flexibility for updates or to simply enjoy lower ongoing housing costs. However, the below-average valuation warrants a closer look to understand the full condition and factors at play.
1. Why is the assessed value so much lower than the neighbors?
The assessed value is notably below area averages. This typically reflects the property's specific characteristics, such as its smaller size, condition, features, or any non-standard factors. It's a key point for due diligence to understand what is driving this valuation.
2. How does the living space compare to nearby homes?
At 882 sqft, the living area is slightly below the street average (~1,040 sqft) but is very close to the neighborhood average. It is a compact home, similar in scale to many other properties in central Rockwood.
3. What is the history of sold prices for this home?
Public records indicate it last sold between 2017-2022 for an estimated $100k-$150k. For fully verified and exact sale history, you must request a manual lookup from the site, as MLS data is not displayed.
4. Is the lot size a pro or a con?
The lot is just over 4,300 sqft, which is actually slightly larger than the average lot on Lorette Avenue. It provides a decent outdoor space relative to the home's footprint and is consistent with the area's typical parcel size.
5. What are similar nearby homes like?
The listed comparable properties on streets like Dudley and Scotland Avenue are generally of a similar vintage (1940s-50s) but often have larger living areas and, consequently, higher assessed values, ranging from $208k to $298k. This highlights the value positioning of 1039 Lorette.
