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203-15 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

203-15 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

203-15 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
15.70k
Top 21%33/156
Top 41%190/458
Top 83%22149/26841

203-15 Kennedy Street: For Assessed Value. On Kennedy Street, above averageTop 21%, rank 33 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around averageTop 41%, rank 190 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 83%, rank 22149 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 2/202112.50k
MetricSame streetSame areaCity-wide
Sale price
12.50k
Top 100%157/156

Below average

same street Top 100%

Top 93%424/458

Below average

neighbourhood Top 93%

Top 95%25579/26841

Below average

Winnipeg Top 95%

Highlights & common questions: 203-15 Kennedy Street, Winnipeg

Property Overview: 203-15 Kennedy Street, Winnipeg

Key Characteristics & Appeal

This is a compact, 840 sqft condominium in the Broadway-Assiniboine area, built in 1980. Its primary appeal lies in its exceptional value and location within a well-established Winnipeg neighbourhood. The unit ranks highly for its newer build date compared to others on its street, placing it in the top 1%. It suits first-time buyers, investors, or downsizers seeking an affordable entry into a central area without the maintenance responsibilities of a house. The appeal is pragmatic: very low property taxes due to the modest assessed value, and the building itself appears well-situated among similar properties. A thoughtful perspective is that while the living space is smaller than most Winnipeg homes (ranking in the top 86% for size, meaning only 14% are smaller), this efficiency could be a benefit for those looking to minimize costs and clutter. Its strongest selling points are its location relative to its price and its standing as a newer building on its specific block.

Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
This information is not provided in the available data. A prospective buyer must obtain the condo corporation's financial statements and bylaws to understand the fee structure, reserve fund status, and what utilities or amenities are included.

2. Why is the assessed value so much lower than typical Winnipeg homes?
The assessed value reflects the unit's share of the condominium building and land, not a standalone property. It is typical for condo assessments to be significantly lower than single-family homes, which directly results in lower municipal property taxes.

3. How does the recent sale price compare?
The unit sold in February 2021 for $12,500. This historical price indicates it is a very affordable property, but market conditions have likely changed. It is essential to research current comparable sales in the building and area.

4. What is the Broadway-Assiniboine neighbourhood like?
It's a central, mature neighbourhood known for its proximity to the Manitoba Legislature, The Forks, Assiniboine Avenue, and the University of Winnipeg. It offers a mix of residential, government, and commercial buildings with good access to transit and core amenities.

5. Are there any obvious concerns from this data?
The data shows the living area is quite compact. Potential buyers should view the layout in person to ensure it meets their spatial needs. Furthermore, the 1980 build date suggests due diligence on the building's major systems (roof, windows, plumbing) and the condo corporation's plan for future repairs is crucial.

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