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807-15 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

807-15 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

807-15 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
15.70k
Top 21%33/156
Top 41%190/458
Top 83%22149/26841

807-15 Kennedy Street: For Assessed Value. On Kennedy Street, above averageTop 21%, rank 33 of 156, and comparable homes in that group average about 15.20k. in Broadway-Assiniboine, around averageTop 41%, rank 190 of 458, and comparable homes in that group average about 20.80k. citywide, below averageTop 83%, rank 22149 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 2/2021130k
MetricSame streetSame areaCity-wide
Sale price
130k
Top 100%157/156

Below average

same street Top 100%

Top 84%384/458

Below average

neighbourhood Top 84%

Top 94%25336/26841

Below average

Winnipeg Top 94%

Highlights & common questions: 807-15 Kennedy Street, Winnipeg

Property Summary: 807-15 Kennedy Street, Winnipeg

Key Characteristics & Appeal

This 840 sqft condo in the Broadway-Assiniboine neighbourhood presents a highly affordable entry point into the Winnipeg market. Built in 1980, its primary appeal lies in its financial accessibility, with a very low assessed value and maintenance fees that are typically correspondingly modest. The unit ranks exceptionally well for its size compared to others on Kennedy Street, offering more living space than 99% of its direct neighbours.

Its location is central, offering the practical benefits of downtown-adjacent living. The suite would best suit a first-time buyer, an investor looking for a low-cost rental property, or a minimalist seeking a no-fuss, functional home without a large financial burden. A thoughtful perspective is that this property represents a trade-off: you gain affordability and location, but likely accept an older building with fewer modern amenities and finishes. Its value is in utility and opportunity, not luxury.


Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
The listing does not specify the fee amount or inclusions. This is a critical piece of information to request, as it significantly impacts the total monthly cost and can indicate the building's financial health and what maintenance is handled collectively.

2. Why is there such a large gap between the 2021 sale price and the current assessed value?
The property sold for $13,000 in early 2021, which is below the current assessed value of $15,700. This could reflect a unique past circumstance (e.g., a distressed sale) or market adjustments. It underscores the importance of a current market evaluation to understand its true worth today.

3. Is parking available?
The listing specifies "Garage: None." It is essential to clarify if any dedicated surface parking, permit street parking, or paid parking options are available, as this is a major consideration for a central location.

4. How is the building's condition and reserve fund?
Given the building's age (46 years), potential buyers should prioritize a review of the condo corporation's reserve fund study and meeting minutes. This reveals the long-term maintenance plan and whether special assessments for major repairs (like roofing, windows, or plumbing) are likely.

5. What is the neighbourhood vibe like on this part of Kennedy Street?
While Broadway-Assiniboine is generally desirable, the immediate building context matters. The listing shows several other units in the same address block, suggesting a high-density condo complex. Researching noise levels, tenant-owner mix, and the specific streetscape would provide a clearer daily living picture.

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