| 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 1509-15 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 1509-15 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 15.90k | Top 18%28/156 Avg15.20k Top 37%170/458 Avg20.80k Top 81%21846/26841 Avg25.60k 1509-15 Kennedy Street: For Assessed Value. On Kennedy Street, above average — Top 18%, rank 28 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around average — Top 37%, rank 170 of 458, and comparable homes in that group average about 20.80k. citywide, below average — Top 81%, rank 21846 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.
Drag the yellow pegman onto the street for Street View. Or Open Street View in new tab →
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 13.50k | Top 85%132/156 Avg Below average same street Top 85% | Top 75%343/458 Avg Below average neighbourhood Top 75% | Top 92%24749/26841 Avg Below average Winnipeg Top 92% |
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 140k | Top 82%128/156 Avg Below average same street Top 82% | Top 74%337/458 Avg Below average neighbourhood Top 74% | Top 91%24330/26841 Avg Below average Winnipeg Top 91% |
Property Summary: 1509-15 Kennedy Street, Winnipeg
Section 1: Overview & Appeal
This condominium unit at 1509-15 Kennedy Street in Broadway-Assiniboine presents a specific and practical value proposition. Built in 1980, its key characteristic is its affordability, underscored by a very low municipal assessed value. The 840 sqft living space is notably larger than most units in its immediate building and neighbourhood, offering more room than typical for this price point. There is no basement, pool, or private garage.
The primary appeal lies in its potential as a minimal-maintenance entry point into the Winnipeg market or as a straightforward investment property. It suits budget-conscious first-time buyers seeking a foothold in a central neighbourhood without the upkeep of a house. It could also appeal to an investor looking for a rental unit with a low property tax burden. A less obvious perspective is its potential for buyers prioritizing interior space over amenities or newer finishes, as it ranks highly for living area within its own building. The historical sale prices suggest a market value significantly higher than its current assessed value, which may indicate an opportunity, though this requires due diligence.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the past sale prices?
Municipal assessed value for tax purposes is not the same as market value. It is based on a mass appraisal system and can lag behind current market conditions. The discrepancy highlights the importance of obtaining a professional market valuation.
2. What does "no basement" mean for a condo unit?
This typically means the unit is on an upper floor of the building and has no private storage or utility space below grade. All living space is contained within the 840 sqft footprint, and any building utilities, storage, or parking would be common elements.
3. The unit ranks very low for value compared to all of Winnipeg. Is this a concern?
This reflects its status as one of the most affordable properties in the city by assessment. It’s a marker of its entry-level price point rather than a quality judgment. For the target buyer, this low ranking is the defining feature.
4. How should I interpret the ranking data for "Street" and "Neighbourhood"?
These rankings compare this specific unit against other individual properties (likely mostly condo units) on Kennedy Street and in Broadway-Assiniboine. Its high rank for living area means it's larger than most comparable units nearby, while its lower rank for year built indicates it is older than many.
5. What are the next steps if I'm interested?
Given the significant gap between assessed value and historical sale prices, it is crucial to review the condo corporation's financial health, bylaws, and reserve fund study. Also, commission a current market appraisal and inspection to understand the unit's true condition and value.
Address · Distance