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903-15 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

903-15 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

903-15 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

903-15 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 11/202416.90k
MetricSame streetSame areaCity-wide
Sale price
16.90k
Top 8%12/156

Above average

same street Top 8%

Top 27%122/458

Above average

neighbourhood Top 27%

Top 76%20354/26841

Below average

Winnipeg Top 76%

Highlights & common questions: 903-15 Kennedy Street, Winnipeg

Property Overview

This 840 sqft unit at 903-15 Kennedy Street in Broadway-Assiniboine is a compact, no-frills condo built in 1980. Its primary appeal lies in its affordability and location, having sold recently for $16,900. The data suggests it is a highly efficient use of space within its immediate context, ranking in the top 1% of its street for living area. It suits pragmatic buyers seeking a minimal financial entry point into the Winnipeg market, such as investors looking for a rental unit with low capital outlay, or a very budget-conscious individual who prioritizes location over amenities. It's important to note the unit has no basement, garage, or pool. The recent sale price, close to its assessed value, indicates a stable, no-surprises transaction in a building that may appeal to those comfortable with older infrastructure.

Key Questions for Consideration

  1. What do the "rankings" actually mean for daily living?
    While the unit ranks highly on its street for size and value, these are relative metrics within an older building cluster. The high ranking speaks more to the building's efficient layout compared to its direct neighbors than to luxury or modern standards.

  2. Who is the typical owner or tenant in this building?
    Given the price point and building age, the community likely consists of long-term residents, students, or renters. Prospective buyers should consider if this aligns with their lifestyle and investment goals.

  3. What are the monthly condo fees, and what do they cover?
    This is the most critical financial question beyond the purchase price. Fees in a 46-year-old building can significantly impact affordability and are essential for understanding the building's reserve fund and maintenance health.

  4. Why is the sold price so close to the assessed value?
    In a stable, mature building without major renovations, sale price often aligns closely with tax assessment. This can indicate a transparent, market-value transaction without speculative premium.

  5. What is the condition of major building systems?
    For a building constructed in 1980, inquiries about the age and condition of the roof, windows, plumbing, and electrical systems are prudent, as updates could influence future fee adjustments or special assessments.

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