Property Overview & Appeal
This one-storey home at 416 Truro Street in Winnipeg's Deer Lodge neighbourhood presents a compact, manageable living space. Its key characteristic is its modest 768 sqft size, which is below average for the area but is paired with a renovated basement, adding functional space. The detached garage and a land area that is typical for Truro Street itself are practical features. The home’s appeal lies in its efficiency and lower maintenance footprint, both in terms of the house and the yard. It suits first-time buyers seeking an entry point into the market, downsizers looking to simplify, or pragmatic investors interested in a property with a recent, solid sale history (2021, $250k). A less obvious perspective is that its smaller scale and "around average" assessed value for the street suggest a stable, unassuming presence in its immediate block, potentially offering a sense of community consistency without the premium of a larger lot or newer build.
Frequently Asked Questions
1. Is the house particularly small?
Yes. At 768 sqft of living area, it is notably smaller than the average home in Deer Lodge and Winnipeg overall. The renovated basement is a key feature that helps offset the main floor's compact footprint.
2. How does the property compare to others on the street?
It aligns more closely with its immediate neighbours than with the wider area. Its living space is below the street average, but its assessed value and land size are around the average for Truro Street itself, indicating it's a typical property for this specific block.
3. What is the significance of the Year Built ranking?
Built in 1953, it is newer than most homes in the broader Deer Lodge area. This could imply potentially fewer issues associated with very old infrastructure compared to neighbourhood peers, though a full inspection is always recommended.
4. Is the lot size a drawback?
The lot is under 3,000 sqft, which is below average for Deer Lodge and the city. This means less outdoor maintenance but also limited space for expansions, large gardens, or privacy. It's a trade-off that suits those seeking a lower-maintenance yard.
5. Based on the data, what kind of value does this represent?
The 2021 sale price of $250k was above the city-wide assessed value benchmark at the time, suggesting a market premium was paid. This could reflect the renovated basement, specific condition, or market conditions then. Current value would depend on today's market and any further updates.