Property score
58.2
Fair
Overall 58.2 · Older than most nearby homes
1,042 sqft (top 35%) · Built in 1956 (4 yrs older than avg)
Located in a above-average income area with median household income of ~75k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 schools, and 2 parks nearby
Living Area
Near average
3% larger 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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58.2 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
470 Locksley Bay — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 447 m), 2 parks (nearest 411 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 | Bottom 1% | Bottom 13% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 470 Locksley Bay, Winnipeg
Key Characteristics & Appeal
This home at 470 Locksley Bay in Munroe East is a study in solid, established value. Built in 1956, it offers 1,042 sqft of living space, which is notably above average for its immediate street and in line with the broader neighbourhood average. Its standout feature is its assessed value of $32,400, which ranks in the top 20% for Munroe East and the top 12% on Locksley Bay itself, suggesting it is a well-regarded property within its local context.
The appeal lies in its position as a competitively sized home in a mature neighbourhood, offering more interior space than many direct neighbours while carrying an assessment that implies good relative value. The lot, at 4,885 sqft, is smaller than others on the street but is typical for the area overall. This profile suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize move-in ready functionality in a settled community over a large yard or a newer build. A thoughtful perspective is that this home represents the "steady middle" of the market; it’s not the newest or largest, but its strong assessment ranking hints at a maintained condition or desirable location on the bay that may not be immediately obvious from the basic stats.
Frequently Asked Questions
1. How does the assessed value compare to likely market price?
The assessed value is for municipal tax purposes and is not a direct indicator of market price. However, its high rank compared to neighbours suggests the property is in good standing relative to others in the area, which can be a positive signal for market value.
2. What does the sold price history indicate?
Records show it last sold between $200k-$250k in 2017. This provides a historical benchmark, but current market conditions, updates made since then, and demand will determine today’s value.
3. Is the smaller lot size on the street a concern?
While it is the smallest lot on Locksley Bay, it is close to the average lot size for the wider Munroe East area. This may mean less yard maintenance, but it's wise to view the property in person to see how the lot size affects privacy and outdoor space.
4. What are the implications of the home’s age (1956)?
A home of this age is typical for the neighbourhood. It likely has character and established landscaping, but prospective buyers should prioritize a thorough inspection to understand the condition of major systems like plumbing, electrical, and the roof.
5. How can I get the exact past sold price?
The exact sold price is not publicly listed in detail. You can request it by email from the listing source, which provides the information manually as a service.
