Property score
55.9
Fair
Overall 55.9 · Smaller and older than most nearby homes
920 sqft (bottom 26%) · Built in 1956 (4 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 park, and 2 place of worships nearby
Living Area
Below average
9% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 67%Tagalog · 12%
Past 10 years Munroe East sales snapshot (~80% of all data)
780
313.8k
$339/sqft
1960
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55.9 is composed by the two sections below.
Property Score
Community Score
Munroe East
How to read: Share of sales in each ~$50k price band for “munroe east” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110936
$75K
Median household income
$77K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
30%
Single-person households
26%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
454 Locksley Bay — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 413 m), 1 parks (nearest 331 m).
Munroe East · WPS public data · 2026
Annual incidents
33
2026
vs. city avg
+12%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
52%
454 Locksley Bay: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 454 Locksley Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical opportunity in Winnipeg's Munroe East neighborhood. Built in 1956, it's a 920 sqft bungalow situated on a notably generous 5,598 sqft lot—a lot size that ranks well above average for both its immediate street and the broader area. This creates a valuable contrast: the living space is compact and efficient, while the outdoor space offers significant potential for gardening, expansion, or simply enjoying more privacy than typical city lots allow.
Its appeal lies in its straightforward, grounded value. The assessed value is modest and sits around the average for Munroe East, suggesting an accessible entry point into the market. This isn't a flashy, fully renovated property; it's a honest post-war home that prioritizes land over square footage. It would suit a first-time buyer comfortable with a home that may require updates, an investor looking for a property with a strong land-to-structure ratio, or a downsizer seeking a manageable interior with ample outdoor space for a garden or grandkids to play. The data indicates it's a home where the true asset is the land itself, offering a blank canvas for future improvements.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 920 sqft, the home is certainly compact, ranking below the city average. However, its efficient layout may be ideal for 1-2 people. The significant lot size also means future expansions, like an addition or a large deck, are more feasible here than on many other properties.
2. What does the assessed value tell me about the price?
The assessed value is a municipal figure for tax purposes, not a market price. That it is "around average" for Munroe East suggests it's in line with the neighborhood's general value range, but the final sale price will be determined by current market conditions, the home's interior condition, and buyer demand.
3. As a 70-year-old home, what should I be concerned about?
Standard for its age, a thorough inspection for foundational integrity, roof condition, plumbing (original galvanized or lead pipes), electrical wiring (likely needing an update), and insulation is essential. The fact it's older than many on its street isn't inherently negative, but it underscores the importance of a detailed inspection.
4. How does the lot size compare to nearby properties?
This is a standout feature. The lot is larger than approximately 75% of homes on Locksley Bay and nearly 80% of homes in Munroe East. This above-average outdoor space is a key differentiator for this property.
5. Why is there no sold price history shown?
Sold price data is not always publicly available in Manitoba. You can request the exact historical sale information manually via the email link provided on the listing page to get the most accurate financial history.
