Property Overview
322 Truro Street is a modern, two-storey home built in 2024, offering a turnkey living experience in Winnipeg's Deer Lodge neighbourhood. Its primary appeal lies in its combination of new construction, above-average living space, and a highly efficient layout on a smaller lot. The home features a renovated basement and 1,376 sqft of living area, which ranks well above average for both its immediate street and the wider Deer Lodge area.
This property is ideally suited for buyers seeking a low-maintenance, modern home without the wait or uncertainty of a new build. It would particularly appeal to first-time homeowners, small families, or professionals who value contemporary finishes and mechanical systems, and prefer to spend their time on living rather than landscaping or major repairs. A thoughtful perspective is that this home represents a trade-off: you gain a modern, efficient interior and the benefits of new construction, but on a lot size that is significantly smaller than neighbourhood norms. This makes it a smart choice for those prioritizing the home itself over outdoor space.
Frequently Asked Questions
Is this a brand-new home?
The home was built in 2024, so it is essentially new. It has had one previous owner, meaning it is past the initial settling-in phase but retains all the advantages of modern construction, codes, and systems.
Why is the lot size noted as "below average"?
The land area is approximately 2,116 sqft, which is compact compared to most lots in Deer Lodge and across Winnipeg. This translates to minimal yard maintenance, which many buyers see as a benefit, but it may not suit those looking for extensive gardens, play space, or privacy from neighbours.
How does the assessed value compare to the recent sale price?
The 2024 assessed value is $42,400. However, the home sold for $50,300 in May 2024. This discrepancy is common, as assessed values for tax purposes often lag behind current market values, especially for very recent builds in a dynamic market.
What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finish. Prospective buyers should inquire whether it is fully developed into living space (e.g., a rec room, bedroom, or suite) and confirm the quality of the renovation and any necessary permits.
How does the living space compare to other homes?
With 1,376 sqft, this home offers substantially more living area than the average home on Truro Street (~1,011 sqft) and in Deer Lodge (~1,197 sqft). This efficient use of a smaller lot provides more interior room than is typical for the area.