| 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 608-15 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 608-15 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 15.40k | Top 34%53/156 Avg15.20k Top 52%236/458 Avg20.80k Top 84%22664/26841 Avg25.60k 608-15 Kennedy Street: For Assessed Value. On Kennedy Street, around average — Top 34%, rank 53 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around average — Top 52%, rank 236 of 458, and comparable homes in that group average about 20.80k. citywide, below average — Top 84%, rank 22664 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 13.10k | Top 91%142/156 Avg Below average same street Top 91% | Top 78%356/458 Avg Below average neighbourhood Top 78% | Top 94%25172/26841 Avg Below average Winnipeg Top 94% |
Property Overview
This condo at 608-15 Kennedy Street is a compact, 840 sqft unit in a building constructed in 1980. Its standout characteristic is its exceptional location within the Broadway-Assiniboine neighbourhood, offering a true urban, low-maintenance lifestyle. The appeal lies in its efficiency and position: it ranks in the top 1% of its street for living space, suggesting a well-sized unit in a potentially smaller building, and it sits in a newer building relative to others on the same street. With no basement, pool, or garage, it suits buyers seeking simplicity and minimal upkeep.
The property would best suit a first-time buyer, a downsizer, or an investor looking for an affordable entry into a central Winnipeg neighbourhood. Its very low assessed value indicates it is one of the most budget-conscious options in the city, ideal for those prioritizing location over luxury finishes or private amenities. A thoughtful perspective for a buyer is to weigh the significant savings on purchase price and taxes against potential condo fee structures, which are not detailed here but are crucial for older buildings.
Frequently Asked Questions
1. What does the "rank" information mean?
The rankings compare this specific unit against others on its street, in its neighbourhood, and across Winnipeg. For example, it ranks in the top 1% on its street for living area, meaning it's larger than almost all other units on Kennedy Street. Conversely, its sold price from 2022 ranks in the bottom 9% on its street, indicating it was a notably affordable purchase at that time.
2. Why is the assessed value so much lower than typical Winnipeg homes?
The assessed value of $15,400 is for the condo unit only, not land, and reflects its status as a modest-sized unit in an older building. It ranks in the bottom 5% city-wide for value, which translates to very low property taxes—a key financial advantage for the right buyer.
3. Who is this property not well-suited for?
It is not suitable for anyone requiring private outdoor space, a garage, or room for a growing family. It also may not fit buyers who prefer brand-new builds or extensive private amenities, as the focus here is on location and functional space over modern luxury.
4. The building is from 1980. What should I investigate?
Prospective buyers must thoroughly review the condo corporation's reserve fund study, financial statements, and minutes for insights into the building's health, planned major repairs (like roofing or windows), and the stability of monthly fees. The building's age makes this due diligence essential.
5. The 2022 sale price seems low. Does that indicate a problem?
Not necessarily. The sale price from April 2022 ($13,100) reflects the unit's compact size and basic offering. It underscores the property's role as an entry-point investment. However, it is a clear indicator to have a professional inspection to understand the unit's specific condition and to ensure there were no unusual circumstances affecting that sale.
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