122 Syracuse Crescent

Waverley Heights, Winnipeg

Property score

72.2

Good

Overall 72.2 · Newer than most nearby homes

1,152 sqft (top 49%) · Built in 1978

Located in a high-income area with median household income of ~104k

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 2 schools, and 2 parks nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

0 yrs newer than neighborhood avg.

Mother tongue

English · 59%Chinese · 10%

Past 10 years Waverley Heights sales snapshot (~80% of all data)

Sold Count

627

Median price

415k

$/sqft

$333/sqft

Avg build year

1978

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Property score

72.2 is composed by the two sections below.

Property Score

63.4Fair
Living Area1,152 sqft60Fair
Year Built197867Good
Lot Size5,962 sqft74Good
Neighbourhood Sales Activity59Fair

Community Score

85.3Excellent
Household Income86Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Waverley Heights

How to read: Share of sales in each ~$50k price band for “waverley heights” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110976

Community deep dive

$104K

Median household income

$125K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.1

P90 / P10 ratio

13%

Single-person households

37%

Families with children

Population, labour & age

Population (2021)567
Labour force participation rate69%
Median age40.8
Avg household size3.0
Unemployment rate8%
Population density2362 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households13%
Couple families with children37%
Median household income (2020)$104K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority31%
Bachelor's or higher (25–64)49%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Chinese · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,152 sqft
0255075100
Same streetTop 29%Same areaTop 49%CitywideBottom 45%
Same street · Syracuse Crescent
#17 / 59
Top 29% · Avg 1,147 sqft
Same area · Waverley Heights
#808 / 1,633
Top 49% · Avg 1,239 sqft
Citywide · Winnipeg
#106,322 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

around average
375k
0255075100
Same streetBottom 7%Same areaBottom 35%CitywideTop 45%
Same street · Syracuse Crescent
#55 / 59
Bottom 7% · Avg 416.9k
Same area · Waverley Heights
#1,066 / 1,633
Bottom 35% · Avg 398.1k
Citywide · Winnipeg
#88,243 / 194,458
Top 45% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 19%Same areaTop 18%CitywideTop 35%

Lot Size

around average
5,962 sqft
0255075100
Same streetBottom 22%Same areaBottom 49%CitywideTop 34%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

122 Syracuse Crescent — 4 amenities found within 500 m, across 2 categories, including 2 education (nearest 271 m), 2 parks (nearest 209 m).

Search radius
🏫Education2
🌳Parks2

Crime & Safety

Waverley Heights · WPS public data · 2026

Annual incidents

14

2026

vs. city avg

-53%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 1/2022CA$350k–400k
Sold price

Same street

Bottom 48%

Same area

Top 35%

City-wide

Top 40%
Sold 9/2019CA$300k–350k
Sold price

Same street

Bottom 4%

Same area

Bottom 30%

City-wide

Bottom 41%

Related homes

Highlights & common questions: 122 Syracuse Crescent, Winnipeg

Property Overview

122 Syracuse Crescent presents a well-situated family home in Waverley Heights, built in 1978. Its appeal lies in its balanced, middle-of-the-road profile within a mature neighbourhood. The home sits on a just-under-6,000 sqft lot and offers 1,152 sqft of living space, figures that are consistently around the average for both the local area and wider Winnipeg. A key financial characteristic is its assessed value of $375k, which is notably below the average for its own street, potentially offering value relative to immediate neighbours.

This property would suit a first-time homebuyer or a practical downsizer looking for an established community without a premium price tag. It’s for someone who values a stable, average-sized home in a neighbourhood of similar properties, rather than standout luxury or the largest lot on the block. A thoughtful perspective is that this home represents the "quiet majority" of the housing stock—unexceptional in specs but potentially a solid and affordable entry into a settled area, where the lower assessment compared to the street average could be a negotiating point.


Frequently Asked Questions

1. Is this house smaller than others on the street?
Yes, slightly. At 1,152 sqft, the living area is a bit smaller than the street average of 1,147 sqft, ranking it in the top 29% (meaning 71% of comparable homes on the street are larger).

2. Why is the assessed value lower than the street average?
The assessed value of $375k is below the street average of ~$417k, ranking it 55th out of 59 homes. This could be due to a combination of the slightly smaller living area, lot size, specific condition, or updates needed compared to neighbours.

3. How does the lot size compare?
The lot of 5,962 sqft is below the street average of 6,511 sqft but is very close to the neighbourhood average. It provides a standard outdoor space for the area.

4. Is the home older or newer than others nearby?
It was built in 1978, which is the average build year for both its street and the wider Waverley Heights neighbourhood, making it a typical home for the area's development period.

5. What does the data say about the neighbourhood overall?
The data suggests Waverley Heights is a consistent, mature neighbourhood. The home's metrics (size, value, lot) are all around the 50th percentile locally, indicating it's a very representative example of the area, not an outlier.

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