| 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 802-15 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 649 sqft | Top 81%126/156 Avg802 sqft Top 76%348/458 Avg818 sqft Top 92%24563/26841 Avg1,042 sqft 802-15 Kennedy Street: For Living Area. On Kennedy Street, below average — Top 81%, rank 126 of 156, and comparable homes in that group average about 802 sqft. in Broadway-Assiniboine, below average — Top 76%, rank 348 of 458, and comparable homes in that group average about 818 sqft. citywide, below average — Top 92%, rank 24563 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 13.20k | Top 89%139/156 Avg15.20k Top 77%352/458 Avg20.80k Top 93%25075/26841 Avg25.60k 802-15 Kennedy Street: For Assessed Value. On Kennedy Street, below average — Top 89%, rank 139 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, below average — Top 77%, rank 352 of 458, and comparable homes in that group average about 20.80k. citywide, below average — Top 93%, rank 25075 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 16.10k | Top 15%23/156 Avg Above average same street Top 15% | Top 33%153/458 Avg Around average neighbourhood Top 33% | Top 80%21545/26841 Avg Below average Winnipeg Top 80% |
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 16.40k | Top 10%16/156 Avg Above average same street Top 10% | Top 30%136/458 Avg Above average neighbourhood Top 30% | Top 79%21095/26841 Avg Below average Winnipeg Top 79% |
Property Overview: 802-15 Kennedy Street, Winnipeg
Key Characteristics & Appeal
This is a compact, 649 sqft unit in a building constructed in 1980, located in the Broadway-Assiniboine neighbourhood. Its primary appeal lies in its exceptional affordability and location within a central, well-established area of Winnipeg. The recent sale price in June 2024 ($16,100) and the low assessed value highlight it as one of the most accessible entry points into the city's housing market.
The unit suits very specific buyer profiles. It is an ideal candidate for a first-time investor looking for a low-cost rental property with minimal upfront capital. It could also appeal to an extremely budget-conscious individual buyer seeking a basic, no-frills personal residence in a central location, potentially as a living solution while building equity. The data suggests a trade-off: while its age and size rank lower compared to most of Winnipeg, its value-for-location within its immediate street and neighbourhood is notable. The building appears well-maintained for its age, ranking newer than 99% of other properties on Kennedy Street.
A less obvious perspective is its potential as a strategic holding property. For an investor, its ultra-low cost basis minimizes financial risk and could provide stable, if modest, cash flow in a central area where land value is a significant component of long-term worth.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 97%") actually mean?
For metrics like Living Area, a "Top 97%" rank in Winnipeg means the unit is smaller than 97% of other properties—it's in the bottom 3% for size. Conversely, for Year Built, "Top 1%" on its street means it is newer than 99% of its neighbours, a positive indicator of relative building condition on that block.
2. Is this a condo or an apartment?
The listing does not specify a condominium title. The "Building Type" is listed as "—" (not provided), and there is no mention of condo fees. It is essential to verify the exact legal tenure (condominium, co-op, freehold, etc.) with the listing agent, as this drastically affects ownership rights and monthly costs.
3. Why is the sold price so close to the assessed value?
In this price range, the market value often aligns closely with the municipal assessed value for tax purposes. The minimal difference suggests a stable, non-speculative market for these highly affordable units.
4. What are the monthly fees or taxes?
While not listed here, property taxes would be very low due to the low assessed value. However, if it is a condominium, monthly condo fees could be substantial relative to the unit's price. If it's a rental building, there may be no fees, but utilities and maintenance agreements need clarification.
5. The nearby and similarly-valued properties are all very close or on the same street. What does this indicate?
This clustering shows you are looking at a specific niche of the market: small, affordable units concentrated in this particular area and building(s). It indicates consistency in pricing for this type of asset here, which can help in evaluating fairness but also means your resale market will be competing with similar units.
Address · Distance
Address · Assessed Value