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1007-15 Kennedy Street

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
1980 46 years ago
Top 1%1/156
Top 57%260/458
Top 62%16580/26841

1007-15 Kennedy Street: For Year Built. On Kennedy Street, EliteTop 1%, rank 1 of 156, and comparable homes in that group average about 1980. in Broadway-Assiniboine, around averageTop 57%, rank 260 of 458, and comparable homes in that group average about 1983. citywide, around averageTop 62%, rank 16580 of 26841, and comparable homes in that group average about 1990.

Living Area
840 sqft
Top 1%1/156
Top 25%116/458
Top 72%19332/26841

1007-15 Kennedy Street: For Living Area. On Kennedy Street, EliteTop 1%, rank 1 of 156, and comparable homes in that group average about 802 sqft. in Broadway-Assiniboine, above averageTop 25%, rank 116 of 458, and comparable homes in that group average about 818 sqft. citywide, below averageTop 72%, rank 19332 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
17.10k
Top 5%8/156
Top 26%117/458
Top 75%20088/26841

1007-15 Kennedy Street: For Assessed Value. On Kennedy Street, EliteTop 5%, rank 8 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, above averageTop 26%, rank 117 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 75%, rank 20088 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 6/2024210k
MetricSame streetSame areaCity-wide
Sale price
210k
Top 1%1/156

Well above average — among the best in this group

same street Top 1%

Top 21%98/458

Above average

neighbourhood Top 21%

Top 58%15442/26841

Around average

Winnipeg Top 58%

Highlights & common questions: 1007-15 Kennedy Street, Winnipeg

Property Overview: 1007-15 Kennedy Street, Winnipeg

Key Characteristics & Appeal

This is a compact, 840 sqft condominium in Winnipeg's Broadway-Assiniboine neighbourhood, built in 1980. Its primary appeal lies in its location within a well-established building and its recent, strong sale history, having sold for $210k in June 2024—a figure significantly above its assessed value. The unit ranks highly within its own building and street for living space, year built, and recent sale price, suggesting it is one of the more updated and desirable units in the complex.

The property would suit a first-time buyer, an investor, or a downsizer seeking a low-maintenance lifestyle in a central area. Its modest assessed value points to relatively lower property taxes, which is a key financial consideration. A less obvious perspective is that this unit may represent a "best-in-building" opportunity; while the broader neighbourhood and city rankings for value are low, its top-tier rankings within its immediate street indicate it outperforms its direct peers. This makes it a pragmatic choice for someone prioritizing value and condition within a specific, affordable building over buying into a higher-priced area.

Frequently Asked Questions

1. Why is the recent sale price so much higher than the assessed value?
This is common and indicates the market perceived greater value than the municipal assessment, likely due to interior updates, the specific unit's condition, or market demand for the best units in the building at that time.

2. What does having "No" basement and "None" for a garage mean for storage?
It confirms this is a standard condominium unit without private basement storage or a dedicated garage. Storage would be limited to within the unit or possibly a shared locker, a typical trade-off for a low-maintenance lifestyle.

3. The rankings show it's in the top 1% of its street for living area, but only the top 86% for Winnipeg. What does this mean?
It means that while this is one of the more spacious units within its own building complex (on Kennedy Street), it is a compact home compared to the wider Winnipeg market, which includes many larger houses. It highlights the importance of comparing properties within their specific context.

4. Who is responsible for exterior maintenance and repairs?
As a condominium, the building's exterior, common areas, and major structural elements are maintained by the condominium corporation, funded through monthly condo fees. The owner is responsible for the interior of their unit.

5. The neighbourhood rankings are around the 50% mark. What does this suggest about the area?
It suggests the immediate neighbourhood is broadly average in comparison to other Winnipeg neighbourhoods for metrics like property values and year built. The appeal here is less about exclusive prestige and more about central location, practicality, and the specific value offered by this unit within its building.

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