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202-15 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

202-15 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
649 sqft
Top 81%126/156
Top 76%348/458
Top 92%24563/26841

202-15 Kennedy Street: For Living Area. On Kennedy Street, below averageTop 81%, rank 126 of 156, and comparable homes in that group average about 802 sqft. in Broadway-Assiniboine, below averageTop 76%, rank 348 of 458, and comparable homes in that group average about 818 sqft. citywide, below averageTop 92%, rank 24563 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
13.50k
Top 85%132/156
Top 75%343/458
Top 92%24749/26841

202-15 Kennedy Street: For Assessed Value. On Kennedy Street, below averageTop 85%, rank 132 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, below averageTop 75%, rank 343 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 92%, rank 24749 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 11/202213.60k
MetricSame streetSame areaCity-wide
Sale price
13.60k
Top 85%132/156

Below average

same street Top 85%

Top 74%341/458

Below average

neighbourhood Top 74%

Top 92%24640/26841

Below average

Winnipeg Top 92%

Sold 8/202111.80k
MetricSame streetSame areaCity-wide
Sale price
11.80k
Top 100%157/156

Below average

same street Top 100%

Top 98%447/458

Below average

neighbourhood Top 98%

Top 96%25850/26841

Below average

Winnipeg Top 96%

Sold 9/201910.90k
MetricSame streetSame areaCity-wide
Sale price
10.90k
Top 100%157/156

Below average

same street Top 100%

Top 98%449/458

Below average

neighbourhood Top 98%

Top 97%26095/26841

Below average

Winnipeg Top 97%

Highlights & common questions: 202-15 Kennedy Street, Winnipeg

Property Overview & Appeal

This is a compact, 649 sqft condominium in Winnipeg's Broadway-Assiniboine neighbourhood, built in 1980. Its primary appeal lies in its affordability and location, reflected in a low assessed value. The unit ranks highly for its newer build date compared to others on its street, suggesting it may be among the more modern units in its immediate building or complex. However, it is a smaller space, ranking in the lower percentiles for living area and value both locally and city-wide.

This property would suit a first-time buyer, an investor looking for an entry-level rental, or someone seeking a minimal, low-cost foothold in a central neighbourhood. Its value history shows steady, modest appreciation over recent years. A thoughtful perspective for a buyer is to weigh the benefit of a newer building age against the smaller square footage, determining if efficient use of space is a worthwhile trade-off for lower carrying costs.

Key Questions for Consideration

  • What are the monthly condo fees, and what do they include? This is crucial for understanding the true monthly cost, as fees can significantly impact affordability.
  • How is the building managed, and what is the financial health of the condo corporation? A review of the reserve fund study and meeting minutes is essential to anticipate future special levies.
  • What is the unit's layout like, and how does natural light affect the space? At 649 sqft, the floor plan's efficiency and livability are paramount.
  • How does parking work? The listing notes no garage; clarifying if there is assigned surface parking, a rented spot, or only street parking is important.
  • Given the sale history, how does the current asking price compare? Understanding how the price relates to the last sale in 2022 and the current assessed value will inform the offer strategy.

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