354 Truro Street

Deer Lodge, Winnipeg

Property score

43.9

Below average

Overall 43.9 · Smaller and older than most nearby homes

640 sqft (bottom 1%) · Built in 1924 (19 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 76.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 1 shop, 10 parks, and 1 place of worship nearby

Living Area

Below average

47% smaller than neighborhood avg.

Year Built

Below average

19 yrs older than neighborhood avg.

Mother tongue

English · 79%Tagalog · 10%

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

43.9 is composed by the two sections below.

Property Score

19.0Low
Living Area640 sqft15Low
Year Built192420Low
Lot Size2,793 sqft28Low
Neighbourhood Sales Activity37Low

Community Score

81.2Excellent
Household Income82Excellent
Education Level63Fair
Housing Stress93Excellent
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: #46110254

Community deep dive

$93K

Median household income

$101K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

24%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)603
Labour force participation rate72%
Median age39.6
Avg household size2.5
Unemployment rate5%
Population density1230 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households24%
Couple families with children30%
Median household income (2020)$93K

Housing

Renter households12%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority21%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 9%

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

Rankings

Living Area

below average
640 sqft
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 2%
Same street · Truro Street
#94 / 96
Bottom 2% · Avg 1,011 sqft
Same area · Deer Lodge
#1,482 / 1,495
Bottom 1% · Avg 1,197 sqft
Citywide · Winnipeg
#191,451 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

below average
193k
0255075100
Same streetBottom 7%Same areaBottom 2%CitywideBottom 7%
Same street · Truro Street
#89 / 96
Bottom 7% · Avg 279.5k
Same area · Deer Lodge
#1,469 / 1,495
Bottom 2% · Avg 312.8k
Citywide · Winnipeg
#180,250 / 194,458
Bottom 7% · Avg 390.1k

Year Built

below average
1924
0255075100
Same streetBottom 18%Same areaBottom 20%CitywideBottom 15%

Lot Size

below average
2,793 sqft
0255075100
Same streetBottom 15%Same areaBottom 4%CitywideBottom 8%

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

354 Truro Street — 13 amenities found within 500 m, across 4 categories, including 1 dining (nearest 492 m), 1 shopping (nearest 408 m), 10 parks (nearest 155 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks10
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 8/2017CA$150k–200k
Sold price

Same street

Bottom 5%

Same area

Bottom 3%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 354 Truro Street, Winnipeg

Property Overview: 354 Truro Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home in Winnipeg's Deer Lodge neighbourhood, built in 1924. Its key characteristic is its modest scale, with a living area of 640 sqft situated on a 2,793 sqft lot, placing it well below average in size for the street, area, and city. The home features a renovated basement and a detached garage.

Its primary appeal lies in being an accessible entry point into the Winnipeg market. The significantly below-average assessed value suggests a potentially lower price point, making it a candidate for first-time buyers, investors, or those seeking a minimalist footprint. The renovated basement adds functional living space. A thoughtful perspective is that its smaller size and lot could translate to lower utility costs, property taxes, and maintenance time, appealing to those looking to reduce both financial overhead and lifestyle complexity. It would suit a practical buyer who values location over square footage, or an investor looking for a manageable rental property. The mature neighbourhood offers established amenities without the premium of a newer, larger home.

Section 2: Frequently Asked Questions

1. What does "below average" in all the rankings really mean for a buyer?
It confirms this is a modest property in direct comparison to others. For the right buyer, this isn't a drawback but a clear indicator of what's being offered: a smaller, more affordable home. It sets accurate expectations.

2. The home was last sold in 2017. Should I be concerned?
Not necessarily. A longer ownership period can indicate a stable history. It’s a point for your real estate agent to investigate to understand the seller’s motivation and to check for any major changes made during that time.

3. Is the renovated basement a legal suite?
The details provided do not specify this. This is a critical question to ask the listing agent and to verify with the city, as an unauthorized suite could have legal and insurance implications.

4. How does the detached garage and lot size affect future potential?
The detached garage offers storage or workshop space separate from the house. The lot, while below average for the area, may still allow for a small garden or patio. Expansion of the main house, however, would be limited by the existing footprint and lot dimensions.

5. What are the less obvious costs or benefits of a home from 1924?
Benefits can include solid construction materials and established neighbourhood charm. Considerations should include the potential for older plumbing, electrical systems, or insulation, which may require updates for efficiency and comfort. A thorough inspection is essential.

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