| 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 1401-15 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 1401-15 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 15.10k | Top 66%103/156 Avg15.20k Top 66%300/458 Avg20.80k Top 86%23085/26841 Avg25.60k 1401-15 Kennedy Street: For Assessed Value. On Kennedy Street, around average — Top 66%, rank 103 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around average — Top 66%, rank 300 of 458, and comparable homes in that group average about 20.80k. citywide, below average — Top 86%, rank 23085 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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Property Overview: 1401-15 Kennedy Street, Winnipeg
Key Characteristics & Appeal
This 840 sqft condo in the Broadway-Assiniboine neighbourhood presents a practical urban living option. Built in 1980, its key appeal lies in its efficiency and location. The unit ranks in the top 1% on its street for living space, offering more room than most direct comparables, and is newer than 99% of other homes on Kennedy Street. With an assessed value of $15,10k, it sits in the top 4% of all Winnipeg properties for low valuation, indicating a very accessible entry point into the market.
The appeal is primarily financial and locational. It suits first-time buyers or investors seeking a low-cost foothold in a central Winnipeg neighbourhood without the maintenance responsibilities of a house (note: there is no basement, pool, or private garage). A less obvious perspective is that its "middle-of-the-pack" rankings within the broader neighbourhood for metrics like year built and value suggest it’s a typical, no-surprises unit for the area, which can mean stability and predictable costs. It would also suit a minimalist or someone looking to downsize significantly, as the compact size and lack of extra systems (like a basement) simplify living.
Frequently Asked Questions
1. What does the assessed value tell me about the property taxes?
A low assessed value generally correlates with lower property taxes. With an assessment in the top 4% lowest in Winnipeg, this unit should have a very modest annual tax burden, which is a key part of its affordability.
2. The building is from 1980. What should I be aware of?
While newer than most on its street, a 46-year-old building warrants attention to major common elements. A status certificate review is essential to understand the reserve fund health and whether any special assessments for updates (like windows, roofing, or plumbing) are planned or underway.
3. There’s no garage or basement. Where is storage/parking handled?
Parking and storage arrangements are not detailed here. You will need to confirm if a parking spot is included (likely surface lot or street permit) and whether there is a shared storage locker in the building. The lack of private basement storage emphasizes the need for efficient use of the 840 sqft.
4. The neighbourhood rankings are mixed. What does this mean?
The unit ranks in the top half of its street and neighbourhood overall, but middle-tier for year built and value in the broader area. This suggests it’s a standard, well-integrated property for Broadway-Assiniboine, not an outlier. It indicates you’re buying into the established character of the area rather than a gentrifying hotspot or a declining building.
5. Who handles maintenance and repairs for the unit?
As a condo, the corporation manages exterior maintenance, common areas, and major building systems. You are responsible for everything within the unit’s walls (appliances, flooring, interior plumbing). Review the condo bylaws to understand specific responsibilities and any restrictions.
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