431 Truro Street

Deer Lodge, Winnipeg

Property score

60.8

Fair

Overall 60.8 · Newer than most nearby homes

1,122 sqft (bottom 43%) · Built in 1950 (7 yrs newer than avg)

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

Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 6 parks nearby

Living Area

Near average

6% 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

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Property score

60.8 is composed by the two sections below.

Property Score

51.8Fair
Living Area1,122 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

around average
1,122 sqft
0255075100
Same streetTop 36%Same areaBottom 43%CitywideBottom 42%
Same street · Truro Street
#35 / 96
Top 36% · Avg 1,011 sqft
Same area · Deer Lodge
#853 / 1,495
Bottom 43% · Avg 1,197 sqft
Citywide · Winnipeg
#112,296 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
339k
0255075100
Same streetTop 13%Same areaTop 25%CitywideBottom 42%
Same street · Truro Street
#12 / 96
Top 13% · Avg 279.5k
Same area · Deer Lodge
#370 / 1,495
Top 25% · Avg 312.8k
Citywide · Winnipeg
#112,235 / 194,458
Bottom 42% · 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

431 Truro Street — 6 amenities found within 500 m, across 1 categories, including 6 parks (nearest 99 m).

Search radius
🌳Parks6

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 10/2024CA$350k–400k
Sold price

Same street

Top 12%

Same area

Top 13%

City-wide

Top 37%

Related homes

Highlights & common questions: 431 Truro Street, Winnipeg

Property Overview & Key Characteristics

431 Truro Street is a one-and-a-half storey home in Winnipeg's Deer Lodge neighbourhood, built in 1950. Its key appeal lies in its balance of established character and relative value within its immediate area. With 1,122 sqft of living space and a renovated basement, the home offers practical, updated space. It sits on a 4,379 sqft lot, which is a comfortable size for the street but notably smaller than many other lots in the wider Deer Lodge area—a point for buyers to consider based on their need for outdoor space.

The home’s assessed value is well above average for both the street and the neighbourhood, suggesting it has been maintained or improved in ways that outpace many nearby properties. This was reflected in its recent sale price. The detached garage adds practical storage or workshop potential. Its appeal is grounded: it’s a solid, updated home on a friendly street, not a showpiece, but a comfortable and well-regarded option within its local context.

This property would suit first-time buyers or downsizers looking for a move-in ready home in a stable, established neighbourhood without the premium of a newer or larger lot. It would also appeal to value-conscious buyers who prioritize a home with above-average condition and assessment for its immediate area over having the largest yard on the block.

Frequently Asked Questions

How does the lot size compare?
The lot is fairly typical for Truro Street itself but is below the average lot size for the broader Deer Lodge neighbourhood. This means ample yard space for a deck or garden, but less privacy or room for expansion than some other homes in the area may offer.

What does the "above average" assessed value indicate?
An assessed value ranking in the top 25% for the neighbourhood often points to desirable improvements, good condition, or favourable attributes not captured in basic metrics. It can signal a well-maintained property, but it's wise to review what specific renovations were done.

Is the living space typical for the area?
At 1,122 sqft, the living area is slightly above average for Truro Street and very close to the average for Deer Lodge. It represents a comfortable, mid-size footprint for the neighbourhood.

How does the recent sale price relate to the assessed value?
The home sold for significantly more than its assessed value, which is common in active markets. This indicates that buyer demand and perceived value exceeded the municipal assessment for taxation purposes.

What is the context of the "one-and-a-half storey" design?
Common for its era, this style often features main-floor bedrooms or a primary bedroom on the main level with additional space in the upper half-storey. This can be appealing for those seeking some separation of space or a layout that avoids all bedrooms being on a single full second floor.

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