Property Overview: 415 Truro Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1950, offers a practical and updated living space in the established Deer Lodge neighbourhood. Its key feature is a recently renovated basement, adding valuable finished square footage to the 1,144 sqft main living area. The property sits on a 4,380 sqft lot with a detached garage.
The primary appeal lies in its position as a solid, move-in-ready home with modernized essentials, avoiding the need for immediate major renovations. The living space is notably above average for its immediate street, offering more room than many neighbouring homes. While the lot size is smaller than the neighbourhood average, it translates to less yard maintenance—a perk for some buyers.
This property would suit first-time homebuyers, downsizers, or practical investors seeking a character home with key updates already completed. It’s ideal for someone who values the quiet, tree-lined streets of Deer Lodge and prefers a home that offers comfort without being the largest property on the block. A thoughtful perspective: its "around average" metrics in several categories suggest a home that is comfortably integrated into its community, not over-improved for the area, which can be a smart financial position.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,144 sqft, the living area is above average for Truro Street itself (ranking in the top 29%), meaning it offers more interior space than most direct neighbours.
2. What is the significance of the assessed value?
The assessed value is around average for the street but below average for the wider Deer Lodge area. This can sometimes indicate a potentially favourable property tax position relative to other homes in the neighbourhood.
3. Is the lot size a drawback?
The 4,380 sqft lot is smaller than the Deer Lodge average. However, it is close to the average for Truro Street itself and requires less upkeep, which can be viewed as an advantage for those seeking lower maintenance.
4. What does the sale history indicate?
The home sold previously in May 2020 for $240,000. This provides a recent market benchmark, showing strong price appreciation since that time and indicating active demand for homes on this street.
5. Who might this home not suit?
Buyers seeking a very large yard, a brand-new build, or a home that significantly stands out in size and value from its immediate surroundings may find other properties more suitable. It’s a home for those who appreciate community consistency.