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1507-15 Kennedy Street

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
1980 46 years ago
Top 1%1/156
Top 57%260/458
Top 62%16580/26841

1507-15 Kennedy Street: For Year Built. On Kennedy Street, EliteTop 1%, rank 1 of 156, and comparable homes in that group average about 1980. in Broadway-Assiniboine, around averageTop 57%, rank 260 of 458, and comparable homes in that group average about 1983. citywide, around averageTop 62%, rank 16580 of 26841, and comparable homes in that group average about 1990.

Living Area
840 sqft
Top 1%1/156
Top 25%116/458
Top 72%19332/26841

1507-15 Kennedy Street: For Living Area. On Kennedy Street, EliteTop 1%, rank 1 of 156, and comparable homes in that group average about 802 sqft. in Broadway-Assiniboine, above averageTop 25%, rank 116 of 458, and comparable homes in that group average about 818 sqft. citywide, below averageTop 72%, rank 19332 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
15.30k
Top 51%79/156
Top 58%266/458
Top 85%22813/26841

1507-15 Kennedy Street: For Assessed Value. On Kennedy Street, around averageTop 51%, rank 79 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around averageTop 58%, rank 266 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 85%, rank 22813 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 6/2023180k
MetricSame streetSame areaCity-wide
Sale price
180k
Top 1%1/156

Well above average — among the best in this group

same street Top 1%

Top 23%104/458

Above average

neighbourhood Top 23%

Top 70%18891/26841

Around average

Winnipeg Top 70%

Highlights & common questions: 1507-15 Kennedy Street, Winnipeg

Property Overview

This 840 sqft condominium at 1507-15 Kennedy Street in Winnipeg's Broadway-Assiniboine neighbourhood presents a specific and compelling value proposition. Built in 1980, it is a unit that stands out for its above-average living space within its immediate building and street context. The appeal here is rooted in practicality and location efficiency. It suits first-time buyers seeking an affordable entry into the market, investors looking for a straightforward rental property, or downsizers who prioritize a low-maintenance lifestyle without the burdens of a house or yard. A thoughtful perspective is that its very modest assessed value ($15,300) suggests significantly lower property taxes, which is a considerable, often overlooked, long-term savings. Its strong ranking for living area on its street (top 1%) indicates it may be one of the more spacious units available in this specific complex, offering better interior comfort than the building's average.

Key Details & FAQs

  • Year Built: 1980
  • Living Area: 840 sqft
  • Last Sold Price & Date: $180,000 in June 2023
  • Assessed Value: $15,300

1. What are the monthly condo fees, and what do they cover?
This is the most critical question. The sold price and taxes are only part of the cost. The condo fee will directly impact monthly affordability and should be weighed against the low property tax.

2. What is the financial health of the condominium reserve fund?
For a building from 1980, the condition of the reserve fund is essential. A well-funded reserve indicates good long-term maintenance planning and reduces the risk of special assessments.

3. Is parking included, and if so, what type?
The listing notes "Garage: None." Clarifying whether there is dedicated surface parking, a rented spot, or only street parking is important for daily convenience.

4. How does the $180,000 sale price from 2023 relate to the very low assessed value?
The assessed value is for taxation purposes only and is not a market valuation. The significant difference highlights that property taxes will be low, but the market price is determined by recent sales, condition, and location.

5. What specific amenities does the building offer?
Understanding if there are shared laundry facilities, a common room, or storage lockers adds context to the lifestyle and utility the building provides beyond the unit itself.

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