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706-15 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

706-15 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

706-15 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
150k
Top 74%115/156
Top 69%317/458
Top 87%23236/26841

706-15 Kennedy Street: For Assessed Value. On Kennedy Street, below averageTop 74%, rank 115 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around averageTop 69%, rank 317 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 87%, rank 23236 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 4/202112.50k
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: 706-15 Kennedy Street, Winnipeg

Property Overview: 706-15 Kennedy Street, Winnipeg

Key Characteristics & Appeal

This is a compact, 840 sqft unit in a well-established 1980s building on Kennedy Street in the Broadway-Assiniboine area. Its primary appeal lies in being a practical, no-frills entry point into a central Winnipeg neighbourhood. The unit ranks highly for its living space compared to others on its street and within the immediate area, suggesting it offers more room than many nearby options. A key, less obvious characteristic is the building's relative age; while 46 years old, it is newer than 99% of other properties on Kennedy Street, indicating it may be among the more modern structures in that specific streetscape.

The property would best suit first-time buyers, investors, or downsizers seeking an affordable foothold in a central location without the maintenance responsibilities of a house. Its assessed value positions it as one of the more accessible options in the city. The buyer should be comfortable with a condo lifestyle, as there is no private garage or basement storage indicated. The appeal is fundamentally about value, location, and space within its specific building type, rather than luxury finishes or amenities.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this specific unit against all other properties in Winnipeg, the neighbourhood, and its street for metrics like size, age, and value. For example, ranking in the top 1% on its street for living area means this 840 sqft unit is larger than almost all other properties on Kennedy Street.

2. Why is the last sale price so different from the assessed value?
The property last sold for $112.5k in April 2021, significantly below its current $150k assessed value. This gap likely reflects strong market appreciation over the period, but it's a key point to discuss with a real estate agent to understand current fair market value.

3. Are there any concerns about the building being from 1980?
While 46 years old, the building is newer than most on its street. However, this age warrants a close review of the condo corporation's reserve fund study, recent special assessments, and the condition of major building systems (roof, windows, plumbing) to understand upcoming maintenance costs.

4. What is the neighbourhood like?
Broadway-Assiniboine is a central, established area. The property's rankings show it is average (top 50%) for the street and neighbourhood overall, suggesting it fits the area's typical profile. Prospective buyers should visit at different times to gauge noise, traffic, and the general feel of this specific part of Kennedy Street.

5. There's no garage or basement listed. What are the storage options?
The listing indicates no private garage or basement. This is typical for many condo units. You should inquire with the condo corporation about the availability of a shared storage locker or parking space for rent, and factor the lack of private storage into your planning.

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