307 Truro Street

Deer Lodge, Winnipeg

Property score

44.3

Below average

Overall 44.3 · Smaller than most nearby homes

686 sqft (bottom 2%) · Built in 1946 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~75.5k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 3 shops, and 12 parks nearby

Living Area

Below average

43% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 85%Tagalog · 4%

Past 10 years Deer Lodge sales snapshot (~80% of all data)

Sold Count

566

Median price

400k

$/sqft

$317/sqft

Avg build year

1943

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Property score

44.3 is composed by the two sections below.

Property Score

24.8Low
Living Area15
686 sqftLow
Year Built30
1946Low
Lot Size53
4,388 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

73.6Good
Household Income75
Good
Education Level44
Low
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health90
Excellent

Neighbourhood Sales

Deer Lodge

How to read: Share of sales in each ~$50k price band for “deer lodge” (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: #46110252

Community deep dive

$76K

Median household income

$88K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

36%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)503
Labour force participation rate76%
Median age38.4
Avg household size2.1
Unemployment rate5%
Population density3592 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households36%
Couple families with children14%
Median household income (2020)$76K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority12%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 85%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

below average
686 sqft
0255075100
Same streetBottom 4%Same areaBottom 2%CitywideBottom 3%
Same street · Truro Street
#92 / 96
Bottom 4% · Avg 1,011 sqft
Same area · Deer Lodge
#1,461 / 1,495
Bottom 2% · Avg 1,197 sqft
Citywide · Winnipeg
#188,443 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
285k
0255075100
Same streetTop 45%Same areaBottom 25%CitywideBottom 25%
Same street · Truro Street
#43 / 96
Top 45% · Avg 279.5k
Same area · Deer Lodge
#1,122 / 1,495
Bottom 25% · Avg 312.8k
Citywide · Winnipeg
#145,307 / 194,458
Bottom 25% · Avg 390.1k

Year Built

around average
1946
0255075100
Same streetBottom 26%Same areaBottom 45%CitywideBottom 23%

Lot Size

above average
4,388 sqft
0255075100
Same streetTop 7%Same areaBottom 14%CitywideBottom 32%

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

307 Truro Street — 21 amenities found within 500 m, across 5 categories, including 4 dining (nearest 444 m), 1 education (nearest 447 m), 3 shopping (nearest 377 m).

Search radius
🍽️Dining4
🏫Education1
🛒Shopping3
🌳Parks12
Worship1

Crime & Safety

Deer Lodge · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

43%

Sales History

Sold 12/2016CA$200k–250k
Sold price

Same street

Bottom 32%

Same area

Bottom 13%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 307 Truro Street, Winnipeg

Property Overview: 307 Truro Street, Deer Lodge, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1946, situated on a notably generous lot for its Truro Street location. With 686 sqft of living space, the house itself is smaller than most in the area, city, and even on its own street. However, it features a renovated basement and a detached garage. Its primary appeal lies in its land value and location. The property occupies a 4,388 sqft lot, which is larger than average for the immediate street and neighbourhood, offering potential for expansion, gardening, or outdoor living that is uncommon for homes of this size. The assessed value is modest and in line with area averages, suggesting a relatively accessible entry point into the Deer Lodge community.

This home would best suit a first-time buyer, downsizer, or investor seeking a low-maintenance footprint with the added benefit of a sizable yard. It’s a practical choice for someone who values location and land over square footage, and who sees potential in the existing renovations (like the basement) or in the possibility of future updates. The large lot relative to the house size is its standout, less obvious feature, providing a tangible asset that many similarly priced properties lack.

Section 2: Frequently Asked Questions

1. Is the house too small for practical living?
At 686 sqft, the living space is compact. Its suitability depends heavily on the occupant's lifestyle. For a single person, couple, or someone downsizing, the renovated basement adds crucial functional space, making it more workable than the main floor square footage alone suggests.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finish quality, ceiling height, permits, and whether it includes a bathroom or legal egress, as this significantly impacts the home's usable space and value.

3. Why is the assessed value so much lower than the city-wide average?
The city-wide average includes all property types and sizes across Winnipeg. This home's assessed value is based on its specific attributes: smaller living area, older age, and its location. It is assessed in line with or slightly below averages for the Deer Lodge neighbourhood, which is typical for homes of this scale.

4. What are the advantages of such a large lot for a small house?
The large lot (4,388 sqft) offers rare potential in an established neighbourhood. It provides ample private outdoor space, room for additions like a deck or shed, better drainage and distance from neighbours, and long-term potential for expansion, subject to zoning bylaws.

5. How does the last sale price (2016, $22.5k) relate to today's value?
The 2016 sale price is a historical data point and reflects the market conditions of that time. The current assessed value for taxation ($28.5k) is a more recent administrative valuation, but the true market value is determined by current supply, demand, and the property's condition, which would be established through a professional appraisal or the listing price.