388 Truro Street

Deer Lodge, Winnipeg

Property score

48.3

Below average

Overall 48.3 · Smaller but newer than most nearby homes

768 sqft (bottom 8%) · Built in 1953 (10 yrs newer than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 shop, 8 parks, and 1 place of worship nearby

Living Area

Below average

36% smaller than neighborhood avg.

Year Built

Above average

10 yrs newer 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

48.3 is composed by the two sections below.

Property Score

26.4Low
Living Area768 sqft22Low
Year Built195336Low
Lot Size2,795 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
768 sqft
0255075100
Same streetBottom 21%Same areaBottom 8%CitywideBottom 7%
Same street · Truro Street
#76 / 96
Bottom 21% · Avg 1,011 sqft
Same area · Deer Lodge
#1,381 / 1,495
Bottom 8% · Avg 1,197 sqft
Citywide · Winnipeg
#180,149 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
258k
0255075100
Same streetBottom 29%Same areaBottom 12%CitywideBottom 19%
Same street · Truro Street
#68 / 96
Bottom 29% · Avg 279.5k
Same area · Deer Lodge
#1,314 / 1,495
Bottom 12% · Avg 312.8k
Citywide · Winnipeg
#157,493 / 194,458
Bottom 19% · Avg 390.1k

Year Built

above average
1953
0255075100
Same streetTop 23%Same areaTop 8%CitywideBottom 31%

Lot Size

around average
2,795 sqft
0255075100
Same streetBottom 32%Same areaBottom 5%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

388 Truro Street — 10 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 474 m), 8 parks (nearest 273 m).

Search radius
🛒Shopping1
🌳Parks8
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 1/2016CA$150k–200k
Sold price

Same street

Bottom 10%

Same area

Bottom 5%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 388 Truro Street, Winnipeg

Property Overview: 388 Truro Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Deer Lodge is a compact, no-fuss property built in 1953. With 768 sqft of living space and a renovated basement, it offers efficient, single-level living. The lot is modest at just under 2,800 sqft, but it includes a detached garage. The home’s assessed value is notably below average for the city, reflecting its smaller size.

Its primary appeal lies in its practicality and affordability within a well-established neighborhood. It represents a genuine entry point into homeownership or a downsizing opportunity without the maintenance burden of a larger property. The renovated basement adds functional living space, a valuable upgrade in a home of this size.

This property would best suit first-time buyers seeking a manageable starter home, investors looking for a straightforward rental property, or retirees wanting to rightsize into a cozy, low-maintenance dwelling. It’s for those who prioritize location and financial accessibility over square footage, and who see potential in a home that is simpler and more economical than the area average.

Section 2: Frequently Asked Questions

1. Is the home significantly smaller than others in the area?
Yes. At 768 sqft, the living area is below average for Deer Lodge. This is a key factor in its lower assessed value and represents a trade-off for its affordability.

2. What does "renovated basement" typically mean for a home like this?
While specifics should be verified, in a compact one-storey home, a renovated basement often transforms into crucial additional living space—such as a family room, office, or extra bedroom—effectively doubling the home’s usable area.

3. How does the lot size impact the property?
The lot is smaller than many in Winnipeg, which means less yard maintenance. For some, this is a benefit. However, it also means limited space for expansions, large gardens, or outdoor amenities compared to properties on larger lots.

4. The home last sold in 2016. Should that be a concern?
Not inherently. It suggests a period of stable ownership. However, it underscores the importance of a thorough inspection to understand the condition and updates made over the last eight years, as major systems may be nearing the end of their typical lifespans.

5. Who might this property not suit?
It’s likely not ideal for growing families needing multiple bedrooms and ample indoor space, or for buyers who envision extensive additions or value a large private yard. Its appeal is focused on simplicity and cost-effectiveness.

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