320 Truro Street

Deer Lodge, Winnipeg

Property score

73.3

Good

Overall 73.3 · Larger and newer than most nearby homes

1,376 sqft (top 25%) · Built in 2024 (81 yrs newer than avg)

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

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

Living Area

Above average

15% larger than neighborhood avg.

Year Built

Above average

81 yrs newer 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

73.3 is composed by the two sections below.

Property Score

67.1Good
Living Area71
1,376 sqftGood
Year Built100
2024Excellent
Lot Size18
2,116 sqftLow
Neighbourhood Sales Activity37
Low

Community Score

82.6Excellent
Household Income85
Excellent
Education Level72
Good
Housing Stress74
Good
Core Housing Need100
Excellent
Employment Health83
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: #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

Elite
1,376 sqft
0255075100
Same streetTop 4%Same areaTop 25%CitywideTop 37%
Same street · Truro Street
#4 / 96
Top 4% · Avg 1,011 sqft
Same area · Deer Lodge
#368 / 1,495
Top 25% · Avg 1,197 sqft
Citywide · Winnipeg
#71,705 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

Elite
424k
0255075100
Same streetTop 1%Same areaTop 3%CitywideTop 33%
Same street · Truro Street
#1 / 96
Top 1% · Avg 279.5k
Same area · Deer Lodge
#38 / 1,495
Top 3% · Avg 312.8k
Citywide · Winnipeg
#64,309 / 194,458
Top 33% · Avg 390.1k

Year Built

Elite
2024
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

Lot Size

below average
2,116 sqft
0255075100
Same streetBottom 6%Same areaBottom 1%CitywideBottom 1%

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

320 Truro Street — 16 amenities found within 500 m, across 5 categories, including 1 dining (nearest 493 m), 1 education (nearest 462 m), 1 shopping (nearest 404 m).

Search radius
🍽️Dining1
🏫Education1
🛒Shopping1
🌳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 11/2024CA$450k–500k
Sold price

Same street

Top 5%

Same area

Top 1%

City-wide

Top 16%

Related homes

Highlights & common questions: 320 Truro Street, Winnipeg

Property Overview

This two-storey home at 320 Truro Street in Winnipeg's Deer Lodge neighbourhood presents a distinct and modern offering. Built in 2024, it is essentially a new home in an established area. Its key appeal lies in this combination of modern construction and finishes within a mature community, offering a move-in-ready experience without the typical wait for a new development.

Key Characteristics & Suitability

The home’s standout feature is its newness, ranking in the top 1% for year built both on its street and across the entire city. It offers a generous 1,376 sqft of living space, which is notably larger than most homes on Truro Street and in the Deer Lodge area. A renovated basement adds functional space. However, the property sits on a compact 2,116 sqft lot, which is smaller than typical for the area and city. This creates a low-maintenance yard but less private outdoor space.

Its appeal is for buyers seeking a modern, low-maintenance home in a settled neighbourhood. It perfectly suits first-time buyers or downsizers who want new construction quality without living on the outskirts of the city. The property is less suited for those prioritizing a large yard, extensive gardening, or the classic, spacious lot often found in older neighbourhoods. The high assessed value relative to the area suggests a premium for the new build, making it a value proposition centered on condition and modernity over land size.

Frequently Asked Questions

Q: Is this a brand-new home?
A: Yes, it was built in 2024 and sold for the first time in November of that year, so it is essentially a new property with no prior ownership history.

Q: The assessed value seems high for the area. Why is that?
A: The assessed value reflects the property's new construction. It ranks in the top 3% in Deer Lodge because it is a modern home among a housing stock where most homes are decades older, commanding a premium for its condition, systems, and finishes.

Q: What are the trade-offs with such a new home in an old neighbourhood?
A: The benefit is a modern, energy-efficient home with contemporary layouts in a community with mature trees and established amenities. The trade-off is a significantly smaller lot size compared to neighbouring properties, meaning less outdoor private space.

Q: Is there a garage or parking?
A: The listing specifies there is no garage. Prospective buyers should investigate the specific driveway or on-street parking arrangements for the property.

Q: How does the living space compare to nearby homes?
A: With 1,376 sqft, this home offers substantially more living area than the average home on Truro Street (~1,011 sqft) and in Deer Lodge (~1,197 sqft). This makes it a spaciously designed home within a compact footprint.