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1105-15 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

1105-15 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

1105-15 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

1105-15 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 1/202217.10k
MetricSame streetSame areaCity-wide
Sale price
17.10k
Top 5%8/156

Well above average — among the best in this group

same street Top 5%

Top 26%117/458

Above average

neighbourhood Top 26%

Top 75%20088/26841

Below average

Winnipeg Top 75%

Highlights & common questions: 1105-15 Kennedy Street, Winnipeg

Property Summary: 1105-15 Kennedy Street, Winnipeg

Section 1: Key Characteristics & Appeal

This condominium unit, built in 1980, offers a practical entry point into Winnipeg’s Broadway-Assiniboine area. Its key appeal lies in its combination of affordability and a relatively spacious 840 sqft layout for the building type, ranking it in the top tier for size within its own building complex. The unit presents a clear value proposition, with a very low assessed value that indicates minimal property tax liability—a significant ongoing financial consideration.

The profile suggests it would best suit a specific type of buyer: a first-time purchaser, an investor looking for a rental property with low carrying costs, or a downsizer seeking a no-maintenance lifestyle without a large mortgage. Its appeal is grounded in practicality rather than luxury. A less obvious perspective is its potential as a "foot-in-the-door" property in a central neighbourhood, allowing an owner to build equity while living in a convenient location, with the understanding that common areas and building amenities may be limited. The data indicates the unit itself is well-maintained relative to its age within the immediate building, but it sits in a mid-range position for the broader neighbourhood.

Section 2: Frequently Asked Questions

1. What does the "Assessed Value" mean for my potential costs?
The assessed value of $17,100 is used to calculate your annual property taxes. This very low figure is the most compelling financial aspect, resulting in significantly lower tax bills compared to most properties in Winnipeg.

2. How should I interpret the ranking percentages?
The rankings compare this unit against other properties on the same street, in the Broadway-Assiniboine neighbourhood, and across all of Winnipeg. For example, its living area is in the top 1% on its street but the top 86% city-wide (meaning 86% of Winnipeg homes are larger). This highlights that it's spacious for the building but compact compared to a typical detached home.

3. The unit last sold in January 2022. What does that indicate?
It suggests a recent change in ownership, which could mean updated interior features, but it’s essential to verify this through a viewing. The sale at the assessed value also indicates a stable, non-speculative market price for the unit at that time.

4. Are there any concerns with a building from 1980?
While the building’s age is average for the neighbourhood, it necessitates a close review of the condominium corporation's reserve fund study and minutes to understand the long-term maintenance plan, potential special assessments, and the financial health of the building.

5. What is not included in this summary that I must check?
This data does not cover monthly condominium fees, parking availability, pet policies, rules around rentals, or the condition of the unit's interior (appliances, finishes, etc.). These are critical factors that must be investigated directly with the listing agent or property manager.

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