72.2
Good
Property score
72.2
Good
Overall 72.2
Newer than most nearby homes
1,130 sqft (bottom 45%)
Built in 1978
Located in a high-income area
with median household income of ~104k
Transit 70.0
6-min walk to transit with 3 nearby routes
Within 500m: 2 schools, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
9% 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)
627
415k
$333/sqft
1978
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72.2 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110976
$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
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
51 Syracuse Crescent — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 230 m), 3 parks (nearest 246 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 28% | Top 26% | Top 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 51 Syracuse Crescent, Waverley Heights
Section 1: Key Characteristics & Appeal
This well-situated home at 51 Syracuse Crescent presents a balanced offering in Winnipeg's Waverley Heights neighborhood. Built in 1978, its construction date is notably newer than many homes on its own street and in the wider city, suggesting potentially fewer age-related concerns than older stock. With 1,130 sqft of living space, the home provides comfortable, average-sized accommodation for the area.
The property’s primary appeal lies in its established setting and proportional value. The assessed value sits consistently around the average for the street, neighborhood, and city, indicating a fair market position without premium pricing. A thoughtful perspective is the lot size: at 5,592 sqft, it is smaller than most on Syracuse Crescent. This translates to less yard maintenance, which could be a practical advantage for buyers seeking a manageable outdoor space without sacrificing the benefits of a detached home.
This home would best suit pragmatic buyers—perhaps first-time homeowners, downsizers, or investors—who value an established, stable community in Waverley Heights. It’s for those seeking a straightforward property that aligns with neighborhood norms in size, value, and vintage, offering a move-in-ready foundation without extreme standout features or drawbacks.
Section 2: Frequently Asked Questions
1. Is the lot size a significant drawback?
While the land area is smaller than most lots on this specific street, it is close to the average for the wider Waverley Heights neighborhood and city. It provides a manageable yard space, which can be a benefit for those looking to minimize upkeep.
2. How does the 1978 build year affect the home?
Being built in 1978 places it above average for the street and neighborhood. This typically means construction techniques and materials are more modern than those found in much older homes, though systems like roofing, windows, and plumbing would still be due for updates depending on their maintenance history.
3. Is the assessed value a good indicator of the listing price?
The assessed value of $405k is used for municipal tax purposes and is a benchmark. It shows the home is valued consistently with local averages. Market conditions, specific updates, and seller motivation will ultimately determine the listing and sale price.
4. What does the "around average" ranking for living area mean for daily life?
With 1,130 sqft, the home offers space comparable to many in the area. It is sufficient for a small family or couple, providing typical room sizes without the expansiveness of a larger, custom-built property. It represents a standard, functional layout.
5. Who might this property not suit?
Buyers prioritizing a very large private yard, ultra-modern construction, or a home that stands out significantly in size or value from its immediate neighbors might find other options more fitting. It is a home of comfortable averages within a stable community.
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