| 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 1504-15 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 649 sqft | Top 81%126/156 Avg802 sqft Top 76%348/458 Avg818 sqft Top 92%24563/26841 Avg1,042 sqft 1504-15 Kennedy Street: For Living Area. On Kennedy Street, below average — Top 81%, rank 126 of 156, and comparable homes in that group average about 802 sqft. in Broadway-Assiniboine, below average — Top 76%, rank 348 of 458, and comparable homes in that group average about 818 sqft. citywide, below average — Top 92%, rank 24563 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 13.10k | Top 91%142/156 Avg15.20k Top 78%356/458 Avg20.80k Top 94%25172/26841 Avg25.60k 1504-15 Kennedy Street: For Assessed Value. On Kennedy Street, below average — Top 91%, rank 142 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, below average — Top 78%, rank 356 of 458, and comparable homes in that group average about 20.80k. citywide, below average — Top 94%, rank 25172 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 14.90k | Top 78%121/156 Avg Below average same street Top 78% | Top 71%324/458 Avg Below average neighbourhood Top 71% | Top 87%23375/26841 Avg Below average Winnipeg Top 87% |
Property Overview & Appeal
This 649 sqft condominium at 1504-15 Kennedy Street in Broadway-Assiniboine presents a highly affordable, low-maintenance entry point into the Winnipeg market. Built in 1980, its key characteristic is its minimal financial footprint, underscored by a very low assessed value. Its appeal lies in pure functionality and cost-efficiency: it offers a place to live with extremely low property taxes and common fees, in a central neighbourhood close to downtown, the legislature, and the Assiniboine River. There is no basement, garage, or pool.
This property would suit a very specific buyer: a budget-conscious individual seeking the absolute lowest-cost ownership option, possibly an investor looking for a minimal-carry-cost rental, or someone wishing to own rather than rent while allocating funds elsewhere. It’s less about luxury or space and more about securing a tangible asset at the bottom of the market. A thoughtful perspective is that a unit like this can serve as a practical financial tool—freeing up income for other investments or experiences—rather than a traditional "home investment." Its newer building rank on its street suggests it may be among the more modern units in its immediate complex, a small advantage in an older building.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This is the most critical question. The fees directly impact affordability and value. Prospective buyers must obtain the current fee amount and a detailed breakdown of inclusions (e.g., heat, water, building insurance, reserve fund contributions) from the condominium corporation.
2. What is the current state of the condominium reserve fund?
Given the building's age (46 years), major repairs like roofing, windows, or structural updates are likely. A healthy, well-managed reserve fund is essential to avoid special assessments that could quickly outweigh the low purchase price.
3. Is this a rental-friendly building?
For an investor buyer, the building's policy on rentals is key. Some corporations have rental caps or restrictions. For an owner-occupant, the percentage of renters can influence the building's atmosphere and financing options.
4. How soundproof are the units?
In a smaller, affordable building, construction quality varies. Understanding noise transfer from neighbours is important for livability, especially in a 649 sqft space.
5. What specific amenities does the building offer?
Beyond the basic listing, ask about laundry (in-suite or common), guest parking, storage lockers, and any common areas. The lack of a garage or pool is noted, but other practical features may exist.
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Address · Assessed Value