| 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 1703-15 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 1703-15 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 17.20k | Top 3%4/156 Avg15.20k Top 25%113/458 Avg20.80k Top 74%19956/26841 Avg25.60k 1703-15 Kennedy Street: For Assessed Value. On Kennedy Street, Elite — Top 3%, rank 4 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, above average — Top 25%, rank 113 of 458, and comparable homes in that group average about 20.80k. citywide, below average — Top 74%, rank 19956 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 16.80k | Top 8%12/156 Avg Above average same street Top 8% | Top 27%122/458 Avg Above average neighbourhood Top 27% | Top 76%20479/26841 Avg Below average Winnipeg Top 76% |
Property Summary: 1703-15 Kennedy Street, Winnipeg
Key Characteristics & Appeal
This condominium at 1703-15 Kennedy Street is a practical, no-frills property built in 1980, offering 840 square feet of living space. Its primary appeal lies in its exceptional affordability, as evidenced by a very low assessed value, making it one of the most accessible entry points into Winnipeg’s Broadway-Assiniboine area. The unit ranks highly within its own building and street for its living area, offering more space than most immediate neighbours. While it lacks features like a basement, garage, or pool, its value proposition is clear: it is a cost-effective foothold in a central neighbourhood.
The property would suit a specific type of buyer. It is ideal for a first-time purchaser or an investor seeking a straightforward, low-cost asset. It appeals to those who prioritize location and basic shelter over modern amenities, and who are comfortable with a building of its era. A thoughtful perspective is that this unit represents a "blank canvas" opportunity—its low carrying costs could allow a buyer to allocate resources toward renovations or simply to build equity with a modest initial investment. It’s a pragmatic choice for financial strategy over luxury.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the current listing. A buyer must request the condo corporation’s financial statements and bylaws to understand the fee structure and included amenities or utilities.
2. Why is the assessed value so much lower than typical Winnipeg properties?
The assessed value is among the lowest 7% city-wide, reflecting the unit’s age, basic building features, and modest interior specifications. It indicates an affordable, no-frills property rather than a distressed asset.
3. How does the building’s age (1980) affect the unit?
Built 46 years ago, the building is well-established. While the unit ranks as newer than most on its street, potential buyers should inquire about the building’s reserve fund study and any recent or planned major repairs (e.g., roof, windows, plumbing) which could influence future condo fees.
4. The unit sold in May 2021. What does that recent history suggest?
The 2021 sale price was very close to the current assessed value, suggesting price stability in its market segment. This history can provide a benchmark for offer pricing.
5. Are there any obvious concerns with the location or building?
The property ranks average for its street and neighbourhood overall, but specific factors like noise, building maintenance, or neighbour demographics are not captured in the data. Visiting the building at different times and speaking with residents is highly recommended.
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