Property Overview: 469 Locksley Bay, Winnipeg

Key Characteristics & Appeal

This 1,070 sqft bungalow, built in 1958, sits on a 5,104 sqft lot in Munroe East. Its primary appeal lies in its strong relative standing within its immediate locale. The home offers above-average living space for both its street and neighbourhood, ranking in the top 26% locally. A notable, less obvious advantage is its build year: it is the newest home on Locksley Bay, ranking in the elite top 3% on its street, which may suggest updated infrastructure or construction compared to direct neighbours.

The property presents a balanced, grounded profile. Its assessed value is consistently around the average for its street, area, and city, indicating it is priced in line with market norms without significant premium or discount. The lot size is also typical for the area. This combination makes it a sensible choice for pragmatic buyers—perhaps first-time homeowners, downsizers, or investors—who value a well-sized home in an established neighbourhood without extreme outliers in cost or footprint. It suits someone looking for a comfortable, no-surprises property that holds its own in the local context.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,070 sqft, it offers more living space than most comparable homes on its street (top 18%) and in the wider Munroe East area (top 26%).

2. Is the assessed value unusually high or low?
No. The assessed value is consistently around the average mark for Locksley Bay, the Munroe East neighbourhood, and Winnipeg overall, indicating a fair, market-aligned valuation.

3. What is significant about the 1958 build year?
While an older home, it is actually the newest on Locksley Bay, ranking #1 of 34 homes on the street for year built. This could imply relatively newer core components compared to immediate neighbours.

4. What was the last sale price?
Public data shows it sold between $300,000 and $350,000 in 2021. The exact sale price is available upon request via email.

5. How does the lot size compare?
The 5,104 sqft lot is very close to the average for both the Munroe East area and the city overall, offering a standard outdoor space for the neighbourhood.