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.