| 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 1702-15 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 1702-15 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 1702-15 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 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% |
Property Overview
This 649 sqft condominium at 1702-15 Kennedy Street in Winnipeg's Broadway-Assiniboine neighbourhood presents a highly affordable, low-maintenance entry point into the market. Built in 1980, the unit forgoes extras like a basement, garage, or pool, focusing squarely on essential urban living. Its primary appeal lies in its exceptionally low carrying costs, as evidenced by the modest assessed value. The building itself is notably newer than most on its street, ranking in the top 1% locally for its year of construction. This suits a specific buyer: a first-time purchaser, a downsizer seeking simplicity, or an investor looking for a straightforward rental opportunity. It’s a practical choice for those who prioritize budget and location over space and amenities, offering a chance to build equity with minimal overhead in a central area.
Key Considerations & FAQs
1. What are the monthly condo fees, and what do they cover?
This is the most critical question. Given the low assessed value and absence of owner amenities, understanding the monthly fee structure is essential to evaluate true affordability and financial health of the corporation.
2. Why is the assessed value so much lower than typical Winnipeg properties?
The assessed value ranks in the bottom 2% citywide. This typically reflects the unit's smaller size, simpler finishes, and the overall valuation of the building. It results in very low property taxes, a significant ongoing savings.
3. How does the building's age (1980) compare to others nearby?
While 46 years old, it is actually newer than 99% of the buildings on Kennedy Street. This suggests it may be among the more modern structures in that immediate block, though building condition and recent renovations would need verification.
4. Is this a good investment property?
Its low entry price and operating costs could make it a candidate for a cash-flow-focused rental investment. However, suitability depends heavily on condo bylaws allowing rentals, current market rents for the area, and the building's reserve fund status.
5. What is the neighbourhood and building community like?
Broadway-Assiniboine is a central, established area. The immediate proximity of many similar addresses suggests a dense condominium community. Prospective buyers should visit at different times to gauge noise levels, neighbour interaction, and overall building maintenance.
Address · Distance
Address · Assessed Value