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208-15 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

208-15 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

208-15 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
16.30k
Top 12%19/156
Top 31%140/458
Top 79%21254/26841

208-15 Kennedy Street: For Assessed Value. On Kennedy Street, above averageTop 12%, rank 19 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around averageTop 31%, rank 140 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 79%, rank 21254 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 7/202416.40k
MetricSame streetSame areaCity-wide
Sale price
16.40k
Top 12%19/156

Above average

same street Top 12%

Top 31%140/458

Around average

neighbourhood Top 31%

Top 79%21254/26841

Below average

Winnipeg Top 79%

Sold 8/2022180k
MetricSame streetSame areaCity-wide
Sale price
180k
Top 1%1/156

Well above average — among the best in this group

same street Top 1%

Top 23%104/458

Above average

neighbourhood Top 23%

Top 70%18891/26841

Around average

Winnipeg Top 70%

Sold 5/201718.70k
MetricSame streetSame areaCity-wide
Sale price
18.70k
Top 1%1/156

Well above average — among the best in this group

same street Top 1%

Top 22%101/458

Above average

neighbourhood Top 22%

Top 67%17964/26841

Around average

Winnipeg Top 67%

Highlights & common questions: 208-15 Kennedy Street, Winnipeg

Property Overview: 208-15 Kennedy Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, 840 sqft unit in a building constructed in 1980, located in the Broadway-Assiniboine neighbourhood. Its primary appeal lies in its exceptional affordability, as evidenced by a very recent sale price and a low assessed value. This creates a notably low barrier to entry for Winnipeg homeownership or investment.

The unit ranks highly within its own building and street for living space, being newer than most neighbours, and for its value metrics, suggesting it may be one of the more desirable layouts in the complex. However, its overall rankings across wider Winnipeg contexts are modest, firmly positioning it as a practical, budget-conscious choice rather than a premium one.

This property would suit first-time buyers prioritizing minimal upfront cost, or investors seeking a straightforward rental property with a low capital outlay. Its recent sale history indicates a stable, non-speculative market value. A thoughtful perspective for a buyer is to recognize that while its city-wide rankings are low, its strong standing within its immediate context could mean relative ease of resale to a similar buyer pool in the future, and potentially less direct competition from newer, more expensive units.

Section 2: Frequently Asked Questions

1. What are the monthly condo or maintenance fees?
This critical information is not provided in the available data. A direct inquiry to the listing agent or property manager is essential to understand the full monthly carrying cost.

2. Why is the assessed value so much lower than recent sale prices?
The assessed value ($16.3k) is for municipal tax purposes and often lags behind the actual market. The two recent sales ($180k in 2022 and $164k in 2024) reflect the true market value between buyers and sellers.

3. What does the "Top 1%" ranking for living area on its street mean?
It means this specific 840 sqft unit is larger than 99% of other units on Kennedy Street used in this comparison. This suggests it is one of the more spacious units in the building or immediate area, which is a relative advantage.

4. Is this a good investment property?
Given the low purchase price, it could offer a reasonable cash flow potential if rental income sufficiently covers the mortgage, fees, and taxes. Its recent stable sale price (a slight decrease from 2022 to 2024) suggests a steady, non-volatile market, which can be positive for a long-term holder.

5. What are the downsides of the low city-wide rankings?
Rankings in the bottom percentages for Winnipeg in areas like living area and assessed value confirm this is a very basic, no-frills property. It may lack modern updates, amenities, or square footage compared to the broader market. This isn't inherently negative but sets accurate expectations for the unit's scale and finish level.

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