318 Thurso Street

Rockwood, Winnipeg

Property score

53.9

Fair

Overall 53.9 · Newer than most nearby homes

936 sqft (bottom 36%) · Built in 1952 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~65.5k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 1 school, 2 parks, and 2 bank/ATMs nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 74%Chinese · 1%

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

53.9 is composed by the two sections below.

Property Score

44.9Low
Living Area936 sqft42Low
Year Built195236Low
Lot Size4,999 sqft60Fair
Neighbourhood Sales Activity69Good

Community Score

67.4Good
Household Income68Good
Education Level82Excellent
Housing Stress52Fair
Core Housing Need76Good
Employment Health42Low

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: #46110423

Community deep dive

$66K

Median household income

$74K

Average household income

11%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

48%

Single-person households

13%

Families with children

Population, labour & age

Population (2021)544
Labour force participation rate46%
Median age49.6
Avg household size1.8
Unemployment rate8%
Population density4533 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households48%
Couple families with children13%
Median household income (2020)$66K

Housing

Renter households69%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority10%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Chinese · 0%

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

Rankings

Living Area

around average
936 sqft
0255075100
Same streetBottom 26%Same areaBottom 36%CitywideBottom 20%
Same street · Thurso Street
#17 / 23
Bottom 26% · Avg 1,194 sqft
Same area · Rockwood
#718 / 1,121
Bottom 36% · Avg 1,076 sqft
Citywide · Winnipeg
#155,439 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

above average
412k
0255075100
Same streetTop 17%Same areaTop 13%CitywideTop 35%
Same street · Thurso Street
#4 / 23
Top 17% · Avg 398.3k
Same area · Rockwood
#151 / 1,121
Top 13% · Avg 340.6k
Citywide · Winnipeg
#69,027 / 194,458
Top 35% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 22%Same areaTop 23%CitywideBottom 30%

Lot Size

above average
4,999 sqft
0255075100
Same streetBottom 13%Same areaTop 20%CitywideBottom 45%

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

318 Thurso Street — 10 amenities found within 500 m, across 5 categories, including 3 dining (nearest 390 m), 1 education (nearest 157 m), 2 parks (nearest 260 m).

Search radius
🍽️Dining3
🏫Education1
🌳Parks2
🏦Finance2
Worship2

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 6/2021CA$350k–400k
Sold price

Same street

Bottom 40%

Same area

Top 25%

City-wide

Top 39%
Sold 3/2018CA$300k–350k
Sold price

Same street

Bottom 20%

Same area

Top 41%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 318 Thurso Street, Winnipeg

Property Overview: 318 Thurso Street, Winnipeg

Key Characteristics & Appeal

This 1952-built home in Rockwood presents a compelling mix of value and established neighborhood character. At 936 sqft, the living space is efficient and below the citywide average, suggesting a manageable layout ideal for first-time buyers, downsizers, or investors seeking a lower-maintenance property. Its true standout feature is its assessed value of $412k, which ranks well above average for both its street and the broader Rockwood neighborhood. This indicates the property is perceived as a premium offering within its immediate context, potentially due to updates, condition, or its specific lot.

The appeal lies in this value proposition: you are acquiring a home that holds a strong position in a desirable local market without the footprint or upkeep of a larger property. The lot size of 4,999 sqft is also above average for Rockwood, offering decent outdoor space relative to the area. It suits a practical buyer who prioritizes financial prudence and location over sheer size—someone who sees the advantage in a home that punches above its weight in assessment within a stable, mature community. A thoughtful perspective is that this property may represent an opportunity to own in a well-regarded pocket without the premium typically attached to larger homes on the street, making it a strategic entry point.

Frequently Asked Questions

1. Is the living area too small?
While below the city average, the 936 sqft living area is actually around the average for the Rockwood neighborhood itself. It represents a more efficient, classic post-war footprint that many find easier and more affordable to maintain.

2. Why is the assessed value so high relative to the home's size?
The above-average assessment for the street and neighborhood suggests factors beyond raw square footage are at play. This can include recent renovations, quality of finishes, a desirable floor plan, or the property's overall condition as evaluated for tax purposes.

3. What is the recent sales history?
Public records indicate two recent sales: between $350k-$400k in June 2021 and $300k-$350k in March 2018. Exact sale prices require a manual lookup request through the site, as MLS data is not displayed.

4. How does the lot size compare?
At just under 5,000 sqft, the lot is smaller than others on Thurso Street but is actually larger than the typical lot in the Rockwood neighborhood. It offers a balanced amount of private outdoor space.

5. What are the comparable nearby properties like?
Nearby homes on Thurso Street and adjacent avenues vary, with living areas from 700 to over 1,400 sqft and assessed values from the $230ks to $480s. This home sits in the upper tier of assessed values, highlighting its premium standing among similar vintage properties in the vicinity.

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