| 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 1501-15 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 1501-15 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 1501-15 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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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 150k | Top 74%115/156 Avg Below average same street Top 74% | Top 69%317/458 Avg Around average neighbourhood Top 69% | Top 87%23236/26841 Avg Below average Winnipeg Top 87% |
Property Overview
This unit at 1501-15 Kennedy Street is a compact, 840 sqft condo in Winnipeg's Broadway-Assiniboine neighbourhood, built in 1980. Its primary appeal lies in its location and relative affordability within the broader market. The data suggests it ranks highly for its living space compared to other units on its street and in the immediate area, offering more room than most comparable listings. However, its assessed value is notably low, placing it in the bottom tier city-wide, which indicates very modest property taxes but may also reflect the building's age, condition, or specific market factors.
It would likely suit a first-time buyer, an investor, or someone seeking a low-cost entry into the downtown-adjacent area who prioritizes location and interior space over modern building amenities or finishes. A thoughtful buyer might see potential in its larger-than-average floor plan for the price point, viewing it as a canvas for updates. The 2019 sale price of $150k provides a recent benchmark, but the current low assessment suggests a significant gap a buyer would need to understand.
Frequently Asked Questions
1. Why is the assessed value so much lower than the last sale price?
Assessed values for tax purposes don't always align directly with market sale prices. A low assessment can result from the unit's specific condition, the building's age and common elements, or the methodology used by the assessor. It typically translates to lower property taxes.
2. What does the ranking data actually mean?
The rankings compare this unit against others on the same street, in the neighbourhood, and across Winnipeg. For example, its living area is in the top 1% on its street, meaning it's larger than almost all other listed units there. Conversely, its assessed value ranking is low city-wide, placing it in the bottom 4%.
3. Are there any major concerns with a building from 1980?
Buildings of this age may require significant capital investments. A prudent step would be to review the condo corporation's reserve fund study and minutes to understand the financial health of the building and any planned major repairs (e.g., roof, windows, plumbing, elevator).
4. What is the Broadway-Assiniboine neighbourhood like?
This central area offers walkable access to downtown Winnipeg, The Forks, and the Legislature grounds. It's a mix of residential, commercial, and institutional buildings. The appeal is urban convenience, but it may come with typical city noise and activity.
5. There's no mention of parking or amenities. What should I assume?
The listing shows "Garage: None." It is safest to assume the unit has no dedicated parking, which is common in older downtown condo buildings. You should confirm if street permits or paid lot options are available. The lack of listed amenities (pool, etc.) suggests a no-frills building focused on essential living space.
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