| 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 707-15 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 707-15 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 15.30k | Top 51%79/156 Avg15.20k Top 58%266/458 Avg20.80k Top 85%22813/26841 Avg25.60k 707-15 Kennedy Street: For Assessed Value. On Kennedy Street, around average — Top 51%, rank 79 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around average — Top 58%, rank 266 of 458, and comparable homes in that group average about 20.80k. citywide, below average — Top 85%, rank 22813 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.
Drag the yellow pegman onto the street for Street View. Or Open Street View in new tab →
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 18.90k | Top 1%1/156 Avg Well above average — among the best in this group same street Top 1% | Top 22%101/458 Avg Above average neighbourhood Top 22% | Top 66%17776/26841 Avg Around average Winnipeg Top 66% |
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 15.30k | Top 51%79/156 Avg Around average same street Top 51% | Top 58%266/458 Avg Around average neighbourhood Top 58% | Top 85%22813/26841 Avg Below average Winnipeg Top 85% |
Property Summary: 707-15 Kennedy Street, Winnipeg
Key Characteristics & Appeal
This is a compact, 840 sqft unit in a building constructed in 1980, located in the Broadway-Assiniboine area. Its primary appeal lies in its exceptional affordability, as evidenced by a very low assessed value. The data suggests a history of being a lower-cost entry point into the Winnipeg market, with its last recorded sale in 2018 at $18,900.
The unit ranks highly for its living space compared to others on its street and in the immediate neighbourhood, indicating it may offer more room than many nearby options. While the building itself is older, it is newer than most on its specific street. This property would suit a very specific buyer: someone seeking the absolute lowest possible price point to enter the market, an investor looking for a minimal-cost rental property, or a buyer with a plan for substantial renovation who values location over move-in condition. Its value is almost entirely in the land and location, rather than the structure.
A less obvious perspective is that such a low-value unit in a central neighbourhood like Broadway-Assiniboine can represent a strategic hold. It provides a foothold in a desirable area at minimal carrying cost, allowing an owner to wait for future redevelopment potential or neighbourhood appreciation.
Frequently Asked Questions
1. Why is the price/assessed value so low?
The very low value indicates the unit likely requires significant repairs, modernization, or may have other factors affecting its livability. It is priced as a land-value or extreme fixer-upper opportunity.
2. What does the ranking data actually mean?
The rankings compare this property to others on its street, in its neighbourhood, and across Winnipeg. For example, ranking in the top 1% for living area on its street means it's larger than 99% of units on Kennedy Street, which is a notable advantage in this context.
3. Is this a good investment?
It carries high risk and potentially high reward. It could be a very low-cost rental if habitable, or a long-term land investment. Buyers should budget extensively for immediate repairs and be prepared for potential challenges in securing financing for a property at this price point.
4. What are the monthly fees or taxes like?
While not listed here, property taxes would be very low due to the low assessed value. However, it is critical to inquire about condominium or co-op fees, which could be significant relative to the unit's value if the building requires major repairs.
5. How does the 2018 sale price relate to today's value?
The $18,900 sale price six years ago establishes a recent benchmark, but current value is driven by today's market conditions, the building's current state, and any changes to the unit or its finances since then.
Address · Distance
Address · Assessed Value