| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 1980 （46 years ago） | Top 1%1/156 Avg1980 Top 57%260/458 Avg1983 Top 62%16580/26841 Avg1990 1203-15 Kennedy Street: For Year Built. On Kennedy Street, Elite — Top 1%, rank 1 of 156, and comparable homes in that group average about 1980. in Broadway-Assiniboine, around average — Top 57%, rank 260 of 458, and comparable homes in that group average about 1983. citywide, around average — Top 62%, rank 16580 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 840 sqft | Top 1%1/156 Avg802 sqft Top 25%116/458 Avg818 sqft Top 72%19332/26841 Avg1,042 sqft 1203-15 Kennedy Street: For Living Area. On Kennedy Street, Elite — Top 1%, rank 1 of 156, and comparable homes in that group average about 802 sqft. in Broadway-Assiniboine, above average — Top 25%, rank 116 of 458, and comparable homes in that group average about 818 sqft. citywide, below average — Top 72%, rank 19332 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 15.70k | Top 21%33/156 Avg15.20k Top 41%190/458 Avg20.80k Top 83%22149/26841 Avg25.60k 1203-15 Kennedy Street: For Assessed Value. On Kennedy Street, above average — Top 21%, rank 33 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around average — Top 41%, rank 190 of 458, and comparable homes in that group average about 20.80k. citywide, below average — Top 83%, rank 22149 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 19.60k | Top 1%1/156 Avg Well above average — among the best in this group same street Top 1% | Top 22%100/458 Avg Above average neighbourhood Top 22% | Top 63%16999/26841 Avg Around average Winnipeg Top 63% |
Property Overview: 1203-15 Kennedy Street, Winnipeg
Key Characteristics & Appeal
This 840 sqft condominium, built in 1980, presents a highly affordable entry point into Winnipeg’s Broadway-Assiniboine area. Its primary appeal lies in its value proposition: with a very low assessed value, it offers one of the most accessible price points in the city, ranking in the top 5% for affordability. The unit is notably spacious for its price range, offering more living area than 99% of units on its street and 75% in the neighbourhood. It suits first-time buyers, investors seeking a low-cost rental property, or downsizers prioritizing minimal carrying costs over modern finishes. A thoughtful perspective for buyers is the building's age; while newer than most on its street, it may require attention to updates or building reserve funds. Its location within a dense cluster of similar units suggests a well-established condo community, which can offer stability but merits research into the condo corporation's health and bylaws.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This is the most critical question, as fees significantly impact affordability. The listing does not include this information; you must request a full disclosure package from the seller to understand the fee structure and what utilities or amenities are included.
2. Why is the assessed value so much lower than the last sale price in 2016?
The 2024 assessed value of $15.7k is notably lower than the 2016 sale price of $19.6k. This could reflect municipal assessment practices, market adjustments, or changes specific to the building or unit. It’s essential to understand this discrepancy with a real estate professional to gauge current market value accurately.
3. Is parking available?
The listing specifies "Garage: None." Prospective buyers should inquire about the availability of surface parking, permit street parking, or if any parking spot is included or rentable within the building complex.
4. What is the financial health of the condominium corporation?
Given the building's age (46 years), reviewing the status certificate is vital. This document reveals the reserve fund's adequacy for major repairs (like roofing or elevators), any pending special assessments, and the corporation's overall financial stability.
5. What is the neighbourhood vibe and convenience factor?
The Broadway-Assiniboine area is generally desirable. Buyers should visit at different times to assess noise levels, neighbour demographics, and proximity to their needed amenities like transit, shopping, and services to ensure it aligns with their lifestyle.
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