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.