Property Overview & Key Characteristics

This two-storey home at 101 Cherrywood Road in Winnipeg's Bridgwater Trails neighbourhood presents a practical opportunity in a modern community. Built in 2017, it offers a move-in-ready structure without the concerns of an aging build. The home sits on a generous 4,888 sqft lot, which is notably larger than many on its street, providing ample outdoor space for a newer subdivision property. With 1,832 sqft of living space, an attached garage, and an existing (though unrenovated) basement, it covers the essentials for family living.

Its primary appeal lies in its balance of space, age, and location within a sought-after area. The data suggests it's a solid, middle-of-the-road property for the neighbourhood—not the largest or newest, but certainly competitive. It would suit first-time buyers or young families looking for a modern home in a community with newer amenities, who value a larger lot and have the potential to customize the basement over time. It’s a home for those who prefer a blank canvas to a fully finished, premium-priced property.

Frequently Asked Questions

1. How does this property truly compare to others in Bridgwater Trails?
The data indicates it ranks well for lot size (top 27% on its street) and living area (top 42% in the neighbourhood). It’s a stronger contender in terms of space than it is in year-built, where it’s newer than only about a third of nearby homes. This suggests you're getting above-average outdoor space in a fairly typical home for the area.

2. What does the assessed value versus the last sold price tell us?
The assessed value is currently $53.60k, while it last sold for $51.60k in April 2021. The modest increase aligns with general market trends. It’s worth investigating recent comparable sales to understand the current market value, as assessed value is for taxation purposes and not always identical to market price.

3. Is the basement usable in its current state?
The listing specifies the basement exists but is "not renovated." This means it is likely unfinished or only partially finished. Buyers should budget for development costs to make it a functional living space, but it offers valuable potential for expansion.

4. The lot is large for the street—what are the advantages?
A larger lot (4,888 sqft) in a newer community like Bridgwater Trails provides more privacy, greater potential for landscaping, gardening, or outdoor recreation, and possibly more future flexibility for additions like a deck or shed, compared to tighter lots.

5. Are the nearby "for reference" properties direct competitors?
The listed nearby properties (e.g., 107 Cherrywood Rd., 26 Hemmingwood Ct.) provide context. Some have higher assessed values or more living space. This highlights that 101 Cherrywood Rd. may be positioned as a value-conscious option within the same desirable neighbourhood, offering a balance of features at a potentially accessible point.