425 Truro Street

Deer Lodge, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Newer than most nearby homes

1,144 sqft (bottom 46%) · Built in 1950 (7 yrs newer than avg)

Located in a high-income area with median household income of ~90k

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

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 81%Tagalog · 8%

Past 10 years Deer Lodge sales snapshot (~80% of all data)

Sold Count

566

Median price

400k

$/sqft

$317/sqft

Avg build year

1943

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

60.8 is composed by the two sections below.

Property Score

51.8Fair
Living Area1,144 sqft60Fair
Year Built195030Low
Lot Size4,379 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

74.4Good
Household Income81Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110253

Community deep dive

$90K

Median household income

$93K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

29%

Single-person households

22%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate66%
Median age38.4
Avg household size2.3
Unemployment rate7%
Population density3971 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households29%
Couple families with children22%
Median household income (2020)$90K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority13%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Tagalog · 8%

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

Rankings

Living Area

above average
1,144 sqft
0255075100
Same streetTop 29%Same areaBottom 46%CitywideBottom 44%
Same street · Truro Street
#28 / 96
Top 29% · Avg 1,011 sqft
Same area · Deer Lodge
#801 / 1,495
Bottom 46% · Avg 1,197 sqft
Citywide · Winnipeg
#108,256 / 194,458
Bottom 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
285k
0255075100
Same streetTop 45%Same areaBottom 25%CitywideBottom 25%
Same street · Truro Street
#43 / 96
Top 45% · Avg 279.5k
Same area · Deer Lodge
#1,122 / 1,495
Bottom 25% · Avg 312.8k
Citywide · Winnipeg
#145,307 / 194,458
Bottom 25% · Avg 390.1k

Year Built

above average
1950
0255075100
Same streetTop 41%Same areaTop 17%CitywideBottom 28%

Lot Size

around average
4,379 sqft
0255075100
Same streetTop 41%Same areaBottom 12%CitywideBottom 32%

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

425 Truro Street — 8 amenities found within 500 m, across 2 categories, including 7 parks (nearest 130 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 12/2021CA$250k–300k
Sold price

Same street

Top 39%

Same area

Bottom 37%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 425 Truro Street, Winnipeg

Property Overview: 425 Truro Street, Deer Lodge, Winnipeg

Key Characteristics & Appeal

This two-storey home in Deer Lodge presents a practical and comfortable living space. With 1,144 square feet of living area, it offers more room than many homes on its own street, ranking in the top 29% locally. The property features a renovated basement and a detached garage, sitting on a 4,379 sqft lot that provides a good balance of yard space and low maintenance.

Its primary appeal lies in its established neighborhood setting and its relative value. The home's assessed value is notably below average for the Deer Lodge area, which could indicate a potential value opportunity for a buyer, especially when compared to its last sale price in 2021. Built in 1950, it is actually newer than many homes in the wider neighborhood, suggesting well-built vintage character without being among the oldest.

This property would suit first-time homebuyers or practical downsizers looking for a move-in-ready home with some updated features (like the basement) in a mature community. It’s also a sensible fit for value-oriented buyers who prioritize functional space and lot size over a brand-new build, and who see potential in a home priced below area averages.


Frequently Asked Questions

1. How does the living space compare to the area?
The home's living area is above average for Truro Street itself and about average for the broader Deer Lodge neighborhood, offering a comfortable size for a smaller household.

2. What does the "below average" assessed value for Deer Lodge mean?
The assessed value is in the bottom 25% for the Deer Lodge community. This doesn't reflect quality, but can sometimes indicate a more affordable entry point into the area compared to neighboring properties.

3. Is the lot size a pro or a con?
It depends on your priorities. The lot is smaller than most in Deer Lodge, which means less yard maintenance. However, it is still a good-sized city lot that provides decent outdoor space and ranks around average city-wide.

4. The home was built in 1950. What should I consider?
While 76 years old, it's actually newer than the average home in Deer Lodge. Buyers should still prioritize a thorough inspection typical for a vintage home, focusing on the roof, foundation, and major systems, while also noting the renovated basement.

5. How does the last sale price relate to current value?
The home sold for $270,000 in late 2021. Market conditions have shifted since then. The current assessed value is significantly lower, but a professional market evaluation is essential to determine its present fair market value, as assessments and sale prices are calculated differently.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.