| 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 801-15 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 801-15 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 801-15 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 14.80k | Top 81%126/156 Avg Below average same street Top 81% | Top 72%332/458 Avg Below average neighbourhood Top 72% | Top 88%23492/26841 Avg Below average Winnipeg Top 88% |
Property Overview: 801-15 Kennedy Street, Winnipeg
Key Characteristics & Appeal
This is a compact, 840 sqft condominium built in 1980, located in the Broadway-Assiniboine neighbourhood. Its primary appeal lies in its exceptional value and low carrying costs, underscored by a very modest assessed value. The unit ranks highly for its size relative to others on its street and within its immediate neighbourhood, suggesting it offers more space than many comparable options in the area.
The property would suit first-time buyers, investors, or downsizers seeking an affordable entry into the Winnipeg market with minimal property tax obligations. Its practical appeal is for those prioritizing financial efficiency and location over modern finishes or amenities (note: there is no garage, basement, or pool). A thoughtful perspective is that this type of unit can serve as a strategic foothold in a central neighbourhood, allowing owners to build equity with very low overhead, freeing up capital for other investments or lifestyle expenses.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the available details. A review of the condo corporation’s financial statements and bylaws is essential to understand the fees and what amenities or services (like building insurance, common area maintenance, or a reserve fund) they include.
2. How does such a low assessed value impact property taxes?
The annual property tax bill will be very low, which is a significant ongoing financial advantage. However, it’s important to understand that a low assessment doesn’t always correlate directly with market sale price, and taxes can be adjusted following a purchase.
3. The building is 46 years old. What should I check regarding its condition?
Prospective buyers should pay close attention to the status of the condo reserve fund and any recent or upcoming special assessments. For a building of this age, major repairs like roofing, windows, or building envelope updates are key considerations. The health of the reserve fund indicates how prepared the corporation is for these expenses.
4. The unit sold recently in December 2023. What does that indicate?
The recent sale suggests active interest in the building and provides a very current market price benchmark (it sold for $14,800). This can be helpful for understanding today’s value, but it also means the potential for quick turnover, so understanding the seller’s reason for moving is advisable.
5. There are no mentions of in-suite laundry or updates. What’s the implication?
The listing’s silence on amenities and renovations typically implies the unit is in original or basic condition. Buyers should budget for potential updates to flooring, kitchens, or bathrooms to modernize the space. The absence of in-suite laundry would require verifying if there are shared building facilities.
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