Property score
45.0
Below average
Overall 45.0 · Smaller and older than most nearby homes
742 sqft (bottom 12%) · Built in 1929 (20 yrs older 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: 1 dining spot, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
20 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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45.0 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
991 Lorette Avenue — 10 amenities found within 500 m, across 7 categories, including 1 dining (nearest 214 m), 1 education (nearest 356 m), 2 healthcare (nearest 223 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%
991 Lorette Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a modest, older home built in 1929, with a living area of 742 square feet and a lot size of 3,790 square feet. Its appeal lies in its affordability and its location within the Rockwood neighbourhood. The assessed value of $177,000 is significantly below the citywide average, making it one of the more accessible entry-points into the Winnipeg market. The property ranks in the bottom percentile for size, value, and lot dimensions compared to its street, neighbourhood, and the city as a whole.
Where the property does stand out is in the relative consistency of its rankings—it is consistently among the smaller, lower-value homes in every comparison. This lack of a single standout feature (like a large lot or a recent renovation) is actually its defining characteristic: it is a straightforward, unrenovated older home that offers a low barrier to entry. The appeal isn't in bells and whistles, but in the price point and the chance to own in an established area for under $180k.
This property would best suit a first-time buyer with a limited budget, an investor looking for a low-cost rental or a future flip, or someone handy who is willing to take on updates. It is not a "move-in ready" or aspirational home—it is a starting point or a project. Buyers should be comfortable with a smaller living space and an older structure that likely requires maintenance and modernization.
Is this a good investment for a rental property?
The low purchase price could mean a strong cash-flow potential compared to a more expensive home. However, the smaller square footage and older age may limit the rental pool to single tenants or couples, and the maintenance costs on a 1929 home could be higher than expected. You'd need to run numbers on local rents and factor in likely repairs.
How does the age of the home (1929) affect things like insurance or heating?
Older homes often have higher insurance premiums and less energy efficiency. It's worth checking if the electrical, plumbing, or roof have been updated. The home's age is a key factor in its below-average assessed value, so a pre-purchase inspection focusing on the foundation, wiring, and insulation is strongly recommended.
What's the neighbourhood like for a small home like this?
Rockwood is an established, older neighbourhood. Because this home is significantly smaller than the area average, you may find that nearby properties are larger and sit on bigger lots. This can affect privacy and the overall streetscape feel. It's worth driving by at different times to see if the scale of neighbouring homes feels comfortable to you.
Could I add square footage or build an addition?
Possibly, but you would need to check zoning bylaws and the lot coverage limits for a 3,790 sqft lot. Adding onto a nearly 100-year-old home can also be structurally complex and expensive. A more realistic approach might be to renovate the existing space efficiently, rather than expanding.
Why is the assessed value so low compared to the city average?
The assessed value of $177k reflects the combination of the home's smaller size, older age, and smaller-than-average lot. It's not necessarily a sign of a bad property—it simply means the market values it as an entry-level, less-renovated home. This can be an advantage for keeping property taxes lower.
