322 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

322 Truro Street — 16 amenities found within 500 m, across 5 categories, including 1 dining (nearest 492 m), 1 education (nearest 468 m), 1 shopping (nearest 402 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 5/2024CA$500k–550k
Sold price

Same street

Top 2%

Same area

Top 1%

City-wide

Top 16%
Sold 9/2017CA$150k–200k
Sold price

Same street

Bottom 10%

Same area

Bottom 5%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 322 Truro Street, Winnipeg

Property Overview

322 Truro Street is a modern, two-storey home built in 2024, offering a turnkey living experience in Winnipeg's Deer Lodge neighbourhood. Its primary appeal lies in its combination of new construction, above-average living space, and a highly efficient layout on a smaller lot. The home features a renovated basement and 1,376 sqft of living area, which ranks well above average for both its immediate street and the wider Deer Lodge area.

This property is ideally suited for buyers seeking a low-maintenance, modern home without the wait or uncertainty of a new build. It would particularly appeal to first-time homeowners, small families, or professionals who value contemporary finishes and mechanical systems, and prefer to spend their time on living rather than landscaping or major repairs. A thoughtful perspective is that this home represents a trade-off: you gain a modern, efficient interior and the benefits of new construction, but on a lot size that is significantly smaller than neighbourhood norms. This makes it a smart choice for those prioritizing the home itself over outdoor space.

Frequently Asked Questions

Is this a brand-new home?
The home was built in 2024, so it is essentially new. It has had one previous owner, meaning it is past the initial settling-in phase but retains all the advantages of modern construction, codes, and systems.

Why is the lot size noted as "below average"?
The land area is approximately 2,116 sqft, which is compact compared to most lots in Deer Lodge and across Winnipeg. This translates to minimal yard maintenance, which many buyers see as a benefit, but it may not suit those looking for extensive gardens, play space, or privacy from neighbours.

How does the assessed value compare to the recent sale price?
The 2024 assessed value is $42,400. However, the home sold for $50,300 in May 2024. This discrepancy is common, as assessed values for tax purposes often lag behind current market values, especially for very recent builds in a dynamic market.

What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finish. Prospective buyers should inquire whether it is fully developed into living space (e.g., a rec room, bedroom, or suite) and confirm the quality of the renovation and any necessary permits.

How does the living space compare to other homes?
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 efficient use of a smaller lot provides more interior room than is typical for the area.