Property score
51.7
Fair
Overall 51.7 · Smaller and older than most nearby homes
862 sqft (bottom 18%) · Built in 1956 (4 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 2 parks, and 1 place of worship nearby
Living Area
Below average
15% 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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51.7 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
462 Locksley Bay — 6 amenities found within 500 m, across 3 categories, including 3 education (nearest 449 m), 2 parks (nearest 398 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 30% | Top 24% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 462 Locksley Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 462 Locksley Bay in Munroe East presents a specific and practical value proposition. Built in 1956, it is a well-established property on a generous 5,405 sqft lot, which is notably larger than many lots in the immediate area. The living space of 862 sqft is compact, placing it below average in size for the street, neighborhood, and city. This creates a clear profile: a modest-sized home on a desirable lot size for its locale.
Its primary appeal lies in its efficiency and potential. The assessed value is consistent with area averages, suggesting a stable, entry-level point in the market. It suits first-time buyers or downsizers seeking a manageable footprint without sacrificing outdoor space. The larger lot offers room for gardening, expansion, or simply more privacy than newer, denser developments. A thoughtful perspective is that this property represents the "land and location" portion of the equation, with the home itself offering a straightforward canvas for personalization or future investment.
Section 2: Frequently Asked Questions
1. How does the home's size compare to its neighbors?
At 862 sqft, the living area is smaller than most homes on Locksley Bay and in the wider Munroe East area. This is a defining characteristic, indicating a cozy, efficient layout.
2. Is the lot size typical for the neighborhood?
No, the 5,405 sqft lot is a standout feature. It ranks above average for Munroe East, meaning you get more yard space than many properties in the community.
3. What does the assessed value tell me?
The assessed value of $30,400 is around the average for the street and neighborhood. This generally indicates the property is not overvalued relative to its basic municipal assessment metrics.
4. The home was last sold between 2022-2025. Can I find out the exact price?
The provided sold price history shows a range. To obtain the exact sale price, you must request it directly via the email service mentioned on the listing page.
5. What is a less obvious consideration with a 1956 home?
While its age is typical for the street, being built in 1956 means it is older than many homes in the wider city. Prospective buyers should factor in the condition and updates to major aging components, like plumbing, electrical, and the roof, which could represent both a cost and an opportunity to customize.
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