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1101-15 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

1101-15 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

1101-15 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

1101-15 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 3/201616.80k
MetricSame streetSame areaCity-wide
Sale price
16.80k
Top 8%13/156

Above average

same street Top 8%

Top 27%125/458

Above average

neighbourhood Top 27%

Top 77%20628/26841

Below average

Winnipeg Top 77%

Highlights & common questions: 1101-15 Kennedy Street, Winnipeg

Property Summary

Key Characteristics & Appeal

This is a compact, 840 sqft condominium unit in Winnipeg's Broadway-Assiniboine neighbourhood, built in 1980. Its primary appeal lies in its exceptional value and location efficiency. With a very low assessed value, it presents a minimal property tax burden and represents one of the most accessible entry points into the downtown-adjacent area. The unit ranks highly for its size and newer build year compared to others on its street, suggesting it may be among the larger and more modern units in its specific building complex.

The property would suit pragmatic first-time buyers or investors seeking a low-cost foothold in a central neighbourhood. It’s also a potential fit for downsizers or those prioritizing minimal overhead and location over space and amenities (note: there is no basement, garage, or pool). A less obvious perspective is its appeal to someone interested in "value-add" opportunities; the low entry cost could allow for budget-friendly renovations to modernize the interior while still maintaining below-average carrying costs.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this specific unit against others on its street, in the neighbourhood, and across Winnipeg. For example, it ranks in the top 1% for living area on its street, meaning it is larger than 99% of units on Kennedy Street, which is a significant advantage in that immediate context.

2. Why is the assessed value so much lower than the last sale price?
The unit last sold in March 2016 for $16.8k. The current assessed value is $15.4k. This difference can reflect market fluctuations, changes in the property's condition, or municipal assessment methodologies that may not always align perfectly with short-term market sale prices.

3. What are the implications of having no garage?
For a downtown-adjacent property, the lack of a garage is common but requires consideration for parking. Buyers should investigate the availability and cost of on-site parking spots or permits for street parking in the building's vicinity.

4. Who manages the condominium corporation, and what are the fees?
This is a critical question not detailed in the data. The financial and operational health of the condo corporation, including monthly fees, reserve fund status, and any pending special assessments, will significantly impact the overall cost of ownership.

5. How does the building's age (1980) affect the unit?
While ranked as newer than most on its street, a 46-year-old building will have common elements (roof, windows, plumbing) that may be nearing or past their typical lifespan. The condition of these elements and the corporation's plan for them are essential to understand.

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