| 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 1407-15 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 1407-15 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 16.40k | Top 10%16/156 Avg15.20k Top 30%136/458 Avg20.80k Top 79%21095/26841 Avg25.60k 1407-15 Kennedy Street: For Assessed Value. On Kennedy Street, above average — Top 10%, rank 16 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, above average — Top 30%, rank 136 of 458, and comparable homes in that group average about 20.80k. citywide, below average — Top 79%, rank 21095 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 170k | Top 7%11/156 Avg Above average same street Top 7% | Top 26%120/458 Avg Above average neighbourhood Top 26% | Top 75%20200/26841 Avg Below average Winnipeg Top 75% |
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 16.80k | Top 8%13/156 Avg Above average same street Top 8% | Top 27%125/458 Avg Above average neighbourhood Top 27% | Top 77%20628/26841 Avg Below average Winnipeg Top 77% |
Property Overview
This unit at 1407-15 Kennedy Street is a compact, 840 sqft condo in Winnipeg's Broadway-Assiniboine neighbourhood, built in 1980. Its primary appeal lies in its exceptional value proposition within its immediate context. While its assessed value and recent sale price rank in the bottom tiers citywide, they place in the top 30% or better within its own building and neighbourhood. This indicates a property that is considered affordable for Winnipeg but is actually positioned as a relative premium option on its own street. The building itself is older, with no garage, basement, or pool.
It would suit a pragmatic, first-time buyer or an investor looking for a low-entry-cost condo in a central area. The buyer is likely someone who prioritizes location and building-specific value over modern amenities or ample space, and who understands they are purchasing a functional asset rather than a luxury one. A less obvious perspective is that this unit could represent a "relative sanctuary" within its own building—its living area is in the top 1% on the street, suggesting it may be one of the more spacious or better-configured units in the complex, which can be a significant advantage in older buildings.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sale price?
This is common. The assessed value is for municipal tax purposes and often lags behind the current market, which is determined by what buyers are willing to pay.
2. What does the ranking data actually mean for a buyer?
It shows the property's standing relative to others. Here, the key takeaway is that while the condo is affordable citywide, it scores very well within its specific building and street, suggesting it is considered a better-than-average unit in that immediate context.
3. Are there any major concerns with a building from 1980?
Older buildings can have higher potential for special assessments or maintenance fees related to major repairs (roof, windows, plumbing). A review of the condo corporation's reserve fund study and meeting minutes is essential.
4. With no garage, what are the parking options?
You would need to confirm if the unit includes a designated surface lot spot, if there is paid underground parking available, or if it is strictly street parking. This is a critical question for the listing agent or property manager.
5. The data shows several sales in recent years. Is that a red flag?
Not necessarily. It could indicate a building popular with investors (rental units) or simply normal turnover. However, it warrants asking about the rental bylaws and the owner-occupier versus tenant ratio, which can affect building atmosphere and financing.
Address · Distance
Address · Assessed Value