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1008-15 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

1008-15 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

1008-15 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
15.40k
Top 34%53/156
Top 52%236/458
Top 84%22664/26841

1008-15 Kennedy Street: For Assessed Value. On Kennedy Street, around averageTop 34%, rank 53 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around averageTop 52%, rank 236 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 84%, rank 22664 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 11/202015.60k
MetricSame streetSame areaCity-wide
Sale price
15.60k
Top 28%44/156

Above average

same street Top 28%

Top 45%207/458

Around average

neighbourhood Top 45%

Top 83%22330/26841

Below average

Winnipeg Top 83%

Highlights & common questions: 1008-15 Kennedy Street, Winnipeg

Property Overview

This 840 sqft condominium at 1008-15 Kennedy Street in Winnipeg's Broadway-Assiniboine area presents a specific and practical value proposition. Built in 1980, its primary appeal lies in its exceptional affordability within a central neighbourhood. The assessed value is notably low, which translates to very manageable property taxes—a significant, often overlooked financial benefit. The unit ranks highly for its living space compared to others on the same street, offering more room than 99% of its immediate counterparts.

Its appeal is strongest for pragmatic buyers: first-time purchasers seeking an entry point into the market, investors looking for a low-cost rental property, or downsizers prioritizing minimal carrying costs over modern finishes. It suits someone comfortable with a building of its era and who values location and fiscal efficiency above premium amenities. A thoughtful perspective is that this property represents a chance to live centrally while keeping monthly overheads low, freeing up income for other pursuits or investments. It’s a functional asset rather than a luxury item.

Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
This information is not provided in the available details. A review of the condo corporation's financial statements and bylaws is essential to understand the fees, reserve fund status, and what utilities or services are included.

2. Why is the assessed value so much lower than typical Winnipeg condos?
The very low assessed value is likely due to the building's age, the unit's original condition, and its specific market position. This is a key factor in the property's affordability, resulting in proportionally lower property taxes.

3. Is the building in good repair, and are there any planned special assessments?
Given the building's age (46 years), the condition of major common elements like roofing, windows, and plumbing is a critical consideration. Potential buyers must investigate the condo corporation's reserve fund study and minutes for any upcoming major repairs or special levies.

4. What is the parking situation?
The listing indicates "Garage: None." It is important to clarify if there is any dedicated surface parking, rented spots, or only street parking available, as this greatly impacts convenience, especially in a central neighbourhood.

5. How does the "Sold" price from 2020 relate to today's value?
The property sold for $15,600 in November 2020. This historical price is a data point, but current market conditions, any updates made since then, and the building's current financial health will be the primary drivers of its present value.

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