312 Truro Street

Deer Lodge, Winnipeg

Property score

57.3

Fair

Overall 57.3 · Older than most nearby homes

1,040 sqft (bottom 32%) · Built in 1918 (25 yrs older than avg)

Located in a high-income area with median household income of ~100k

Transit 68.0 · 3-min walk to transit with 1 nearby route · Within 500m: 3 dining spots, 1 school, 2 shops, and 12 parks nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Below average

25 yrs older than neighborhood avg.

Mother tongue

English · 88%Tagalog · 2%

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

57.3 is composed by the two sections below.

Property Score

40.4Low
Living Area1,040 sqft52Fair
Year Built191816Low
Lot Size2,961 sqft28Low
Neighbourhood Sales Activity37Low

Community Score

82.6Excellent
Household Income85Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110255

Community deep dive

$100K

Median household income

$103K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

28%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)451
Labour force participation rate78%
Median age40.8
Avg household size2.4
Unemployment rate11%
Population density2652 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households28%
Couple families with children28%
Median household income (2020)$100K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$314K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority9%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 87%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetTop 47%Same areaBottom 32%CitywideBottom 32%
Same street · Truro Street
#45 / 96
Top 47% · Avg 1,011 sqft
Same area · Deer Lodge
#1,020 / 1,495
Bottom 32% · Avg 1,197 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

below average
157k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 4%
Same street · Truro Street
#95 / 96
Bottom 1% · Avg 279.5k
Same area · Deer Lodge
#1,492 / 1,495
Bottom 1% · Avg 312.8k
Citywide · Winnipeg
#187,403 / 194,458
Bottom 4% · Avg 390.1k

Year Built

below average
1918
0255075100
Same streetBottom 17%Same areaBottom 13%CitywideBottom 12%

Lot Size

around average
2,961 sqft
0255075100
Same streetBottom 40%Same areaBottom 8%CitywideBottom 10%

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

312 Truro Street — 19 amenities found within 500 m, across 5 categories, including 3 dining (nearest 478 m), 1 education (nearest 437 m), 2 shopping (nearest 410 m).

Search radius
🍽️Dining3
🏫Education1
🛒Shopping2
🌳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 3/2023CA$150k–200k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 4%
Sold 3/2022CA$200k–250k
Sold price

Same street

Bottom 32%

Same area

Bottom 13%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 312 Truro Street, Winnipeg

Property Overview: 312 Truro Street, Deer Lodge, Winnipeg

Key Characteristics & Buyer Appeal

This one-and-three-quarter storey home, built in 1918, presents a classic character property with a practical footprint of 1,040 sqft. It sits on a standard city lot of just under 3,000 sqft in the established Deer Lodge neighbourhood. Key features include a detached garage and an existing, unrenovated basement. The home’s standout characteristic is its assessed value, which is notably below average for its street, neighbourhood, and the wider city. This suggests a potentially lower property tax burden and an accessible entry point into the market.

The primary appeal lies in its value proposition and location. It suits a specific buyer: someone seeking an affordable, no-frills starter home or a hands-on investment opportunity in a mature community. This is not a move-in-ready showpiece but a solid foundation. Its charm is for the pragmatic buyer who sees potential in its vintage structure and values the possibility of adding equity through gradual, personalized updates. The lot size, while not large, is manageable and typical for the immediate area, offering outdoor space without excessive maintenance.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
While the exact reason isn't specified, a significantly lower assessment often correlates with the home's condition, size, or specific features compared to updated or expanded properties on the same street. It's a key point to discuss with a municipal assessor or real estate agent.

2. What does "one-and-three-quarter storey" mean for living space?
This style typically features a full main floor and a second floor where the roofline slopes into the rooms, creating cozy, character-filled bedrooms with potentially lower ceilings in certain areas. The 1,040 sqft includes this unique upper-level layout.

3. The home sold recently in 2023 and 2022. What should I know?
The sale history indicates active turnover. It's crucial to investigate the reasons for the quick sales and understand any recent work done (or not done) on the property. A title search and a thorough home inspection are highly recommended.

4. Is the unrenovated basement finished or usable?
The listing notes it is "not renovated," which generally means it is in original, likely unfinished condition. This presents both a blank canvas for future development and a potential area requiring attention to moisture control, insulation, and utilities.

5. How does the living area compare practically to newer homes?
At 1,040 sqft, it is functionally smaller than the citywide average. The layout in older homes can be compartmentalized rather than open-concept. Buyers should consider how the specific room sizes and flow fit their daily life, not just the square footage number.

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