140 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

82.0

Excellent

Overall 82.0 · Older than most nearby homes

1,750 sqft (top 48%) · Built in 2015 (4 yrs 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

5% smaller than neighborhood avg.

Year Built

Below average

4 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

82.0 is composed by the two sections below.

Property Score

81.7Excellent
Living Area1,750 sqft86Excellent
Year Built201594Excellent
Lot Size3,777 sqft46Low
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
1,750 sqft
0255075100
Same streetBottom 40%Same areaTop 48%CitywideTop 19%
Same street · Cherrywood Road
#98 / 163
Bottom 40% · Avg 1,895 sqft
Same area · Bridgwater Trails
#609 / 1,282
Top 48% · Avg 1,849 sqft
Citywide · Winnipeg
#37,002 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
488k
0255075100
Same streetBottom 23%Same areaBottom 32%CitywideTop 22%
Same street · Cherrywood Road
#126 / 163
Bottom 23% · Avg 558.6k
Same area · Bridgwater Trails
#872 / 1,282
Bottom 32% · Avg 596.2k
Citywide · Winnipeg
#42,318 / 194,458
Top 22% · Avg 390.1k

Year Built

above average
2015
0255075100
Same streetBottom 10%Same areaBottom 7%CitywideTop 7%

Lot Size

below average
3,777 sqft
0255075100
Same streetBottom 8%Same areaBottom 20%CitywideBottom 23%

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

140 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 257 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 11/2020CA$400k–450k
Sold price

Same street

Bottom 16%

Same area

Bottom 30%

City-wide

Top 27%

Related homes

Highlights & common questions: 140 Cherrywood Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Trails offers a practical, low-maintenance entry point into a popular modern neighbourhood. Built in 2015, its key appeal lies in its balance of a relatively recent build year with a value-conscious price point. The 1,750 sqft living area is spacious for its category, ranking better than most Winnipeg homes. It sits on a standard 3,777 sqft lot and features an unfinished basement, presenting a clean slate for future customization.

The home suits first-time buyers or downsizers seeking a modern community feel without a premium price tag. Its value becomes clearer when compared to nearby properties; while the assessed value is competitive, the home's larger living area and newer build date than many local comparables suggest a solid foundation. A thoughtful perspective is that the unrenovated basement, while not a feature, is a cost-saving opportunity—allowing a new owner to tailor the space to their exact needs and budget without paying for someone else's finished work. Buyers should note it does not have a garage.

Frequently Asked Questions

1. How does this home's value compare to others in Bridgwater Trails?
The assessed value is in a competitive range, but the home ranks highly for its living area and newer build year within the neighbourhood. This indicates you may be getting more interior space and a more recent construction for a similar price point to other listings.

2. What does the unfinished basement mean for me?
It means the lower level is a blank canvas. While it requires an investment to finish, it allows you to create the space you want (e.g., a rec room, home office, or extra bedroom) without first undoing existing work. Ensure your budget accounts for this potential project.

3. The home has no garage. Is that typical for the area?
Garages are common, but not universal, in Bridgwater Trails. The lack of one is reflected in the price. Buyers should consider the feasibility of adding a detached garage in the future, subject to local bylaws and available space on the lot.

4. The home sold for significantly less in 2020. Is that a concern?
The 2020 sale price reflects the market conditions of that time. The current assessed value has risen in line with broader market trends. It's more important to compare its current value to similar homes today.

5. How does the lot size impact living here?
At 3,777 sqft, the lot is standard for the community. It provides adequate outdoor space for gardening or relaxation but is not overly large, which aligns with the low-maintenance lifestyle many seek in this neighbourhood.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.