406 Truro Street

Deer Lodge, Winnipeg

Property score

66.1

Good

Overall 66.1 · Newer than most nearby homes

1,054 sqft (bottom 34%) · Built in 2012 (69 yrs newer than avg)

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

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 7 parks, and 1 place of worship nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Above average

69 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

66.1 is composed by the two sections below.

Property Score

56.0Fair
Living Area1,054 sqft52Fair
Year Built201294Excellent
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
1,054 sqft
0255075100
Same streetTop 45%Same areaBottom 34%CitywideBottom 34%
Same street · Truro Street
#43 / 96
Top 45% · Avg 1,011 sqft
Same area · Deer Lodge
#991 / 1,495
Bottom 34% · Avg 1,197 sqft
Citywide · Winnipeg
#128,529 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

Elite
387k
0255075100
Same streetTop 5%Same areaTop 7%CitywideTop 42%
Same street · Truro Street
#5 / 96
Top 5% · Avg 279.5k
Same area · Deer Lodge
#107 / 1,495
Top 7% · Avg 312.8k
Citywide · Winnipeg
#81,326 / 194,458
Top 42% · Avg 390.1k

Year Built

Elite
2012
0255075100
Same streetTop 6%Same areaTop 3%CitywideTop 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

406 Truro Street — 8 amenities found within 500 m, across 2 categories, including 7 parks (nearest 205 m).

Search radius
🌳Parks7
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 7/2023CA$400k–450k
Sold price

Same street

Top 7%

Same area

Top 9%

City-wide

Top 31%

Related homes

Highlights & common questions: 406 Truro Street, Winnipeg

Property Overview: 406 Truro Street, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Deer Lodge presents a compelling mix of modern convenience and value. Its primary appeal lies in its standout assessed value relative to the immediate area, ranking in the top 5% on its street and top 7% in Deer Lodge, suggesting a strong valuation foundation. Built in 2012, it is a notably newer construction compared to most homes in the neighbourhood, offering contemporary building standards and less immediate concern for major aging system replacements.

The home features a renovated basement and a functional 1,054 sqft living area, which is comfortably above average for Truro Street. A thoughtful perspective is that while the lot size is smaller than many in the wider city, it is quite typical for the street itself, potentially translating to lower maintenance without sacrificing neighbourhood fit. This property would particularly suit first-time buyers or downsizers seeking a modern, low-maintenance home in a mature community, as well as value-focused buyers who appreciate a home with a proportionally high assessment in its local context.

Frequently Asked Questions

1. How does the assessed value compare to the recent sale price?
The home sold for $41,200 in July 2023, which is close to its current assessed value of $38,700. This narrow gap suggests the assessment is closely aligned with recent market activity.

2. Is the living space sufficient for a family?
At 1,054 sqft plus a renovated basement, the home offers practical space for a small family or couple. Its single-storey layout is a key advantage for accessibility or those preferring all living areas on one level.

3. What are the implications of the smaller lot size?
The land area is smaller than the Deer Lodge and city averages, which typically means less yard maintenance. However, it is actually around average for Truro Street itself, so it is consistent with the immediate streetscape and unlikely to feel out of place.

4. Why is the assessed value ranked so highly here?
The "elite" ranking for assessed value on Truro Street indicates this home is valued significantly higher than most of its direct neighbours. This is likely driven by its newer construction year (2012) and renovated condition compared to the older housing stock that dominates the area.

5. What is the neighbourhood character of this part of Deer Lodge?
Truro Street appears to be a street of contrasts, featuring a mix of older homes and some newer builds like this one. The data indicates homes here generally sit on smaller lots but can have strong individual value, suggesting a pocket that is seeing gradual renewal.

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