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1709-15 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

1709-15 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

1709-15 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
16.10k
Top 15%23/156
Top 33%153/458
Top 80%21545/26841

1709-15 Kennedy Street: For Assessed Value. On Kennedy Street, above averageTop 15%, rank 23 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around averageTop 33%, rank 153 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 80%, rank 21545 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 1/202015.40k
MetricSame streetSame areaCity-wide
Sale price
15.40k
Top 51%79/156

Around average

same street Top 51%

Top 58%266/458

Around average

neighbourhood Top 58%

Top 85%22813/26841

Below average

Winnipeg Top 85%

Highlights & common questions: 1709-15 Kennedy Street, Winnipeg

Property Overview

This unit at 1709-15 Kennedy Street is a compact, 840 sqft condo in Winnipeg's Broadway-Assiniboine neighbourhood. Built in 1980, it presents a straightforward ownership opportunity with a notably low municipal assessed value. Its appeal lies in its extreme affordability and location within a well-established central area. The unit ranks very highly for its newer build year compared to others on its street, suggesting it may be among the more modern offerings in that specific building or row.

This property would primarily suit a first-time buyer or an investor seeking a low-cost entry into the Winnipeg market. It’s a practical choice for someone who prioritizes minimal property taxes and upfront cost over interior space or modern amenities (note there is no garage or basement). The buyer should be comfortable with a unit that is smaller than most in the city and be prepared for potential updates, given its age.


Key Questions & Considerations

1. What does the "Sold 1/2020" price indicate?
The unit sold for $15,400 in January 2020, which is close to its current assessed value. This history confirms its longstanding position as a very low-cost property, not a sudden valuation drop.

2. How significant are the ranking percentages?
They provide context. While the unit is newer than 99% on its street, it's smaller than 86% of Winnipeg homes. This highlights a trade-off: a relatively modern build in the immediate area, but in a compact format.

3. Who is the typical buyer or tenant here?
Given the size and location, it could appeal to a single professional, a student attending a nearby institution, or serve as a rental investment. The low carrying costs are a key advantage for either scenario.

4. What should I investigate about the building?
The provided data is for the unit only. Essential next steps are to review the condo corporation's financial health, reserve fund, monthly fees, and any rules, as these factors greatly impact cost and livability.

5. Why is the assessed value so much lower than typical condos?
Extremely low assessed values often reflect a combination of the unit's small square footage, its age, and the overall market valuation of the specific building or complex it is in. It does not necessarily indicate a problem, but underscores the importance of a thorough interior viewing and inspection.

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