Property Summary: 60 Syracuse Crescent, Waverley Heights

Section 1: Key Characteristics & Appeal

This well-situated home on Syracuse Crescent presents a solid, balanced offering in the Waverley Heights neighborhood. Its key appeal lies in its established and consistent profile. Built in 1978, the house is newer than most on its street and in the immediate area, suggesting potentially fewer concerns with major aging components compared to direct peers. With 1,077 sqft of living space and an assessed value of $411k, it sits comfortably in the middle range for the street and neighborhood—neither the largest nor the most expensive, which can be an advantage for buyers seeking fair value without extreme premiums.

The lot size, while slightly below the street average, is typical for the wider neighborhood and city. This positioning makes it a practical choice. It suits first-time buyers or downsizers looking for a manageable property in a mature area, as well as value-conscious investors or families who prioritize the stability of an established community over a brand-new build. A thoughtful perspective is that its "average" metrics across the board reduce the risk of overpaying for fleeting trends or excessive land, offering a grounded entry into a desirable area.

Section 2: Frequently Asked Questions

1. Is this property a good value compared to others on the street?
The data suggests it is competitively priced within its immediate context. Its assessed value is very close to the street average, while the home itself is actually newer than most on the block. This balance can indicate a fair market position.

2. What does the "newer than average" build year practically mean for me?
While still a 1978 home, being in the top 20% for year built on this street means major systems (like roofing, foundation, plumbing) may have had fewer years of use than many neighbors' homes at the time of construction, potentially translating to a slightly newer replacement history.

3. Is the lot size a disadvantage?
At just under 6,000 sqft, the lot is smaller than the specific street average but is actually very close to the neighborhood and city averages for comparable homes. It provides standard outdoor space for the area without the higher maintenance or cost often associated with larger lots.

4. How does this home rank for future resale in the area?
Its consistent middle-of-the-pack rankings across key metrics (size, value, year) suggest it is a typical representative of the area. This can be a stability benefit, as it is less likely to be seen as an outlier (either over-improved or under-improved) when compared to future listings.

5. Are property taxes likely to be higher here?
The assessed value is around the average for Syracuse Crescent and slightly above the averages for the wider neighborhood and city. Therefore, you can expect property taxes to be generally aligned with, or slightly above, typical rates for similar homes in Winnipeg, but not disproportionately high for this specific street.