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1605-15 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

1605-15 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

1605-15 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
16.20k
Top 14%22/156
Top 33%150/458
Top 80%21418/26841

1605-15 Kennedy Street: For Assessed Value. On Kennedy Street, above averageTop 14%, rank 22 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around averageTop 33%, rank 150 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 80%, rank 21418 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 6/2022180k
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: 1605-15 Kennedy Street, Winnipeg

Property Overview

This 840 sqft unit at 1605-15 Kennedy Street in Broadway-Assiniboine is a compact, no-frills property built in 1980. Its primary appeal lies in its affordability and location within a central Winnipeg neighbourhood. The data suggests it is a value-driven option, with an assessed value significantly lower than its last sale price of $180k in mid-2022. It ranks highly for its newer build year compared to others on its street, but ranks lower for living area and value compared to the wider Winnipeg market. This property would likely suit a first-time buyer, an investor looking for a budget-conscious rental, or someone seeking a minimal-maintenance foothold in a central area without the responsibilities of a yard, basement, or private garage. Its appeal is pragmatic rather than luxurious, offering function over features.

Key Details & Questions

What are the key characteristics of this property?
It is an 840 sqft unit in a building constructed in 1980. The listing indicates it has no basement, no pool, and no private garage. It is a concrete example of a basic, affordable housing unit.

Where does its main appeal lie?
Its appeal is grounded in affordability and location. It offers a central Broadway-Assiniboine address at a lower price point. The data shows it is newer than 99% of properties on its street, which can imply fewer immediate maintenance concerns relative to much older buildings in the area.

Who would this property suit best?
It suits budget-first buyers: first-time purchasers needing an entry point, investors seeking a straightforward rental property, or downsizers looking for a low-maintenance, central lifestyle without extra space or upkeep.

Why is the assessed value so much lower than the 2022 sale price?
The assessed value ($16,200) is for municipal tax purposes and is not a market valuation. The significant difference highlights that market conditions, interior condition, or specific unit factors drove the sale price. Buyers should investigate this discrepancy further.

What are the less obvious considerations?
The high ranking for "newness" on its street is positive, but the overall building is now 46 years old. Potential buyers should focus on the building's reserve fund and recent special assessments. Additionally, the lack of private garage in a central area makes parking a key question to resolve.

Nearby & similar assessment