132 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

82.0

Excellent

Overall 82.0 · Compared with neighbourhood average

1,694 sqft (bottom 48%) · Built in 2018 (1 yr older than avg)

Located in a high-income area with median household income of ~103k

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years Bridgwater Trails sales snapshot (~80% of all data)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

82.0 is composed by the two sections below.

Property Score

81.6Excellent
Living Area1,694 sqft83Excellent
Year Built201897Excellent
Lot Size4,120 sqft53Fair
Neighbourhood Sales Activity89Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Bridgwater Trails

How to read: Share of sales in each ~$50k price band for “bridgwater trails” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257

Community deep dive

$103K

Median household income

$120K

Average household income

14%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

13%

Single-person households

44%

Families with children

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,694 sqft
0255075100
Same streetBottom 36%Same areaBottom 48%CitywideTop 21%
Same street · Cherrywood Road
#104 / 163
Bottom 36% · Avg 1,895 sqft
Same area · Bridgwater Trails
#661 / 1,282
Bottom 48% · Avg 1,849 sqft
Citywide · Winnipeg
#41,243 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetBottom 15%Same areaBottom 24%CitywideTop 24%
Same street · Cherrywood Road
#138 / 163
Bottom 15% · Avg 558.6k
Same area · Bridgwater Trails
#970 / 1,282
Bottom 24% · Avg 596.2k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 45%Same areaBottom 47%CitywideTop 4%

Lot Size

around average
4,120 sqft
0255075100
Same streetBottom 19%Same areaBottom 34%CitywideBottom 28%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

132 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 238 m).

Search radius
🌳Parks3

Crime & Safety

Bridgwater Trails · WPS public data · 2026

Annual incidents

2

2026

vs. city avg

-93%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

50%

Sales History

Sold 8/2020CA$400k–450k
Sold price

Same street

Bottom 16%

Same area

Bottom 30%

City-wide

Top 27%

Related homes

Highlights & common questions: 132 Cherrywood Road, Winnipeg

Property Overview & Key Characteristics

This two-storey home at 132 Cherrywood Road in Bridgwater Trails is a modern property built in 2018, offering a move-in-ready canvas. Its key appeal lies in its balance of newer construction and a generous 4,120 sqft lot, providing ample outdoor space in a community known for its planned amenities. The home features a practical 1,694 sqft of living space and a detached garage.

The property suits first-time buyers or young families looking for a contemporary home without the need for immediate major updates, as the basement is unfinished but offers potential. Its rankings suggest it's a solid, average-sized home within its immediate street and neighbourhood, but it stands out city-wide for its newer age (top 5% in Winnipeg) and above-average living space (top 19%). A thoughtful perspective is that the current assessed value is notably higher than its 2020 sale price, which may attract buyers looking for a property with demonstrated value growth in a sought-after, newer community.

Frequently Asked Questions

1. What is the significance of the property rankings?
The rankings compare this home against others on the same street, in Bridgwater Trails, and across all of Winnipeg. They show that while the home is middle-of-the-pack locally for size and value, it is newer than 95% of Winnipeg homes, which is a major advantage for maintenance and systems.

2. Is the basement finished?
No, the basement is not renovated. This presents both a cost-saving on the purchase price and a blank slate for future expansion to suit a buyer's needs, subject to permits and budget.

3. How does the assessed value relate to the likely selling price?
The assessed value ($47.5k) is for municipal tax purposes and is typically far below market value. The selling price will be determined by current market conditions. For reference, nearby comparable homes have recent assessed values ranging from about $47k to $61k.

4. What are the benefits of the Bridgwater Trails neighbourhood?
Bridgwater Trails is a modern, master-planned community with access to pathways, parks, schools, and shopping amenities. The property's lot size is above average for the area, offering more private outdoor space than many newer homes.

5. Why is the lot size notable?
At 4,120 sqft, the land area is a key feature. In newer communities, lots are often smaller. This larger parcel provides better privacy, more room for gardening or play, and greater potential for additions like a deck or shed, compared to many neighbouring properties.

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