55 Syracuse Crescent

Waverley Heights, Winnipeg

Property score

73.2

Good

Overall 73.2 · Newer than most nearby homes

1,120 sqft (bottom 44%) · 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

Living Area

Near average

10% 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

73.2 is composed by the two sections below.

Property Score

65.1Good
Living Area1,120 sqft60Fair
Year Built197867Good
Lot Size6,837 sqft85Excellent
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

around average
1,120 sqft
0255075100
Same streetTop 37%Same areaBottom 44%CitywideBottom 42%
Same street · Syracuse Crescent
#22 / 59
Top 37% · Avg 1,147 sqft
Same area · Waverley Heights
#920 / 1,633
Bottom 44% · Avg 1,239 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
435k
0255075100
Same streetTop 29%Same areaTop 27%CitywideTop 31%
Same street · Syracuse Crescent
#17 / 59
Top 29% · Avg 416.9k
Same area · Waverley Heights
#446 / 1,633
Top 27% · Avg 398.1k
Citywide · Winnipeg
#60,386 / 194,458
Top 31% · Avg 390.1k

Year Built

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

Lot Size

above average
6,837 sqft
0255075100
Same streetTop 24%Same areaTop 26%CitywideTop 18%

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

55 Syracuse Crescent — 5 amenities found within 500 m, across 2 categories, including 2 education (nearest 248 m), 3 parks (nearest 258 m).

Search radius
🏫Education2
🌳Parks3

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 8/2020CA$350k–400k
Sold price

Same street

Bottom 40%

Same area

Top 38%

City-wide

Top 42%

Related homes

Highlights & common questions: 55 Syracuse Crescent, Winnipeg

Property Summary: 55 Syracuse Crescent, Waverley Heights

Section 1: Key Characteristics & Appeal

This well-situated Waverley Heights home presents a solid, above-average offering within its immediate context. Built in 1978, the house itself is newer than most on its street and in the broader neighborhood. Its 1,120 sqft living space is consistent with the local area, providing comfortable, practical room for daily life. The standout feature is the generous 6,837 sqft lot, which is larger than most comparable properties in Winnipeg, offering valuable outdoor space and potential.

The appeal lies in its positional strength. The assessed value sits above average for both Syracuse Crescent and Waverley Heights, suggesting the property is already recognized for its desirable setting and lot size within the community. This isn't a fixer-upper priced for a discount; it's a established home in a stable setting. It would suit buyers looking for a move-in ready property on a sizable lot in a mature neighborhood, who value space and location over a brand-new build. It's particularly suited for those who appreciate having a home that performs well in key metrics against its direct neighbors, indicating a sound investment within the existing fabric of the area.

Section 2: Frequently Asked Questions

1. Is the living area smaller than the city average?
Yes, at 1,120 sqft it is below the Winnipeg average for comparable homes. However, it is much closer to the average for its specific street (1,147 sqft) and neighborhood (1,239 sqft), indicating it is appropriately sized for this well-regarded area.

2. What does "above average" assessed value mean for my taxes?
A higher assessed value relative to neighbors typically leads to a proportionally higher property tax bill. It reflects the market's view that the property, due to its lot size, condition, and location on the street, holds greater value.

3. The home was built in 1978. Are there major concerns?
While newer than many homes in the area, a 1978 build means key components like the roof, windows, and major mechanical systems (furnace, electrical) may be nearing or past their typical lifespan. A thorough inspection is essential to budget for any upcoming updates.

4. How significant is the lot size?
Very. The lot is in the top quarter for size on its street and city-wide. This provides more privacy, yard space, and future flexibility (like additions or landscaping projects) than many properties, which is a permanent and valuable asset.

5. The rankings show it's "around average" city-wide in some categories. Is that a negative?
Not necessarily. It indicates this is a stable, established property that aligns with Winnipeg's broader housing stock. The key takeaway is that it consistently performs better than average within its more immediate and relevant circles—its street and neighborhood—which often matters more for day-to-day living and value retention.

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