396 Truro Street

Deer Lodge, Winnipeg

Property score

53.1

Fair

Overall 53.1 · Smaller and older than most nearby homes

964 sqft (bottom 25%) · Built in 1913 (30 yrs older 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

19% smaller than neighborhood avg.

Year Built

Below average

30 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

53.1 is composed by the two sections below.

Property Score

34.4Low
Living Area964 sqft42Low
Year Built191316Low
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

around average
964 sqft
0255075100
Same streetBottom 49%Same areaBottom 25%CitywideBottom 23%
Same street · Truro Street
#49 / 96
Bottom 49% · Avg 1,011 sqft
Same area · Deer Lodge
#1,115 / 1,495
Bottom 25% · Avg 1,197 sqft
Citywide · Winnipeg
#150,275 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

below average
204k
0255075100
Same streetBottom 8%Same areaBottom 3%CitywideBottom 9%
Same street · Truro Street
#88 / 96
Bottom 8% · Avg 279.5k
Same area · Deer Lodge
#1,454 / 1,495
Bottom 3% · Avg 312.8k
Citywide · Winnipeg
#177,383 / 194,458
Bottom 9% · Avg 390.1k

Year Built

below average
1913
0255075100
Same streetBottom 6%Same areaBottom 5%CitywideBottom 10%

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

396 Truro Street — 10 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 496 m), 8 parks (nearest 238 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 2/2017CA$150k–200k
Sold price

Same street

Bottom 2%

Same area

Bottom 3%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 396 Truro Street, Winnipeg

Property Overview: 396 Truro Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-three-quarter storey home in Deer Lodge is a classic Winnipeg character property, built in 1913. With 964 square feet of living space and a 2,795 sqft lot, it presents a more compact and manageable footprint compared to many modern homes. Its key appeal lies in its position as an entry-point opportunity in a well-established neighborhood. The home features a detached garage and a basement (noted as not renovated), and it last sold in 2017.

The data suggests this property is for a specific buyer. It suits a first-time homebuyer, an investor, or a hands-on individual looking for a lower barrier to entry into the market. Its assessed value is notably below averages for the street, area, and city, which could indicate a potentially lower purchase price or property tax burden relative to other homes. The appeal is grounded in practicality and potential rather than turn-key luxury. A thoughtful perspective is that its smaller scale and older vintage offer a chance for simpler, more efficient living without the upkeep of a larger, newer property. It’s a home for someone who values location and the possibility to personalize over immediate modern finishes.

Section 2: Frequently Asked Questions

1. What does "below average" assessed value really mean?
It means the city's assessed value for this home is lower than most comparable properties in its vicinity. This can sometimes correlate with a more accessible purchase price and will typically result in lower municipal property taxes.

2. Is the "not renovated" basement finished or usable?
The listing specifies the basement is "not renovated." Buyers should assume it is in original or utility condition, suitable for storage and housing mechanical systems, but not a finished living space without investment.

3. Who would this home not be suitable for?
It likely wouldn't suit buyers looking for a modern, move-in-ready home without projects, or those requiring significant space for a growing family. The smaller living area and likely need for updates are important considerations.

4. How significant is the 1913 build date?
As a 110+ year-old home, it offers classic charm but necessitates a thorough inspection. Buyers should budget for maintenance consistent with its age and be prepared for older mechanical systems, wiring, or insulation that may not meet current standards.

5. What is the context of the 2017 sale price?
The home sold for $170,000 in February 2017. This figure provides historical context, but the current market value will be determined by present market conditions, any changes made to the property since then, and its current state.

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