Property score
42.2
Below average
Overall 42.2 · Smaller than most nearby homes
735 sqft (bottom 12%) · Built in 1950 (1 yr newer than avg)
Located in a average-income area with median household income of ~53.2k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 1 school, 1 healthcare facility, and 4 shops nearby
Living Area
Below average
32% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 61%Punjabi · 4%
Past 10 years Rockwood sales snapshot (~80% of all data)
458
354k
$300/sqft
1949
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42.2 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: #46110422
$53K
Median household income
$61K
Average household income
22%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.7
P90 / P10 ratio
52%
Single-person households
13%
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
1086 Lorette Avenue — 16 amenities found within 500 m, across 8 categories, including 4 dining (nearest 243 m), 1 education (nearest 289 m), 1 healthcare (nearest 285 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 35% | Top 47% | Bottom 46% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 12% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1086 Lorette Avenue, Winnipeg
Key Characteristics & Appeal
This 735 sqft bungalow on a standard 4,312 sqft lot in Rockwood is a quintessential post-war Winnipeg home, built in 1950. Its key characteristic is its statistical averageness within its immediate context. The assessed value (~$316k) and lot size are very much in line with neighborhood and street averages, presenting a stable, predictable investment without premium pricing. The living area is notably compact, ranking below average for the street, city, and neighborhood, which is the property's most defining trait.
The appeal lies in its affordability and positioning as a manageable entry point into the market. It suits first-time buyers or downsizers seeking a lower-maintenance footprint without a drastic compromise on lot size. A thoughtful perspective is that this home represents the "baseline" of its area—it’s not an outlier in price or size, which can mean less volatility and a clearer, simpler comparison for valuation. Its recent sale history shows steady appreciation, suggesting a reliable, if not explosive, growth trajectory. It’s a practical choice for a buyer who values neighborhood consistency over standout features.
Frequently Asked Questions
1. Is the living area too small?
At 735 sqft, the home is compact, ranking below the average for the street, Rockwood, and Winnipeg. It requires efficient use of space and would not comfortably suit a large or growing household without plans for expansion.
2. How does the assessed value compare?
The assessed value of approximately $316,000 is squarely around the average for Lorette Avenue and the broader Rockwood neighborhood, indicating it is priced consistently with its direct peers and is not an outlier.
3. What is the typical buyer for this home?
Given its size and price point, it is most suited to first-time homebuyers, singles, couples, or downsizers looking for a manageable, single-level home with a standard city lot in an established neighborhood.
4. Has the property value increased?
Based on available sold price ranges, the property appreciated from the $200k-$250k range in 2018 to the $300k-$350k range in 2023, indicating solid value growth over that five-year period.
5. How can I get the exact historical sale prices?
The site provides sold price ranges publicly. Due to industry rules, exact MLS sale figures are not displayed. You can request the exact transaction history via email from the site provider, who will manually look up and send the verified data.
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