148 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

80.9

Excellent

Overall 80.9 · Older than most nearby homes

1,640 sqft (bottom 43%) · Built in 2015 (4 yrs older than avg)

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

Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

11% 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

80.9 is composed by the two sections below.

Property Score

79.9Good
Living Area1,640 sqft83Excellent
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
1,640 sqft
0255075100
Same streetBottom 32%Same areaBottom 43%CitywideTop 23%
Same street · Cherrywood Road
#111 / 163
Bottom 32% · Avg 1,895 sqft
Same area · Bridgwater Trails
#734 / 1,282
Bottom 43% · Avg 1,849 sqft
Citywide · Winnipeg
#45,475 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
469k
0255075100
Same streetBottom 10%Same areaBottom 20%CitywideTop 25%
Same street · Cherrywood Road
#146 / 163
Bottom 10% · Avg 558.6k
Same area · Bridgwater Trails
#1,028 / 1,282
Bottom 20% · Avg 596.2k
Citywide · Winnipeg
#48,724 / 194,458
Top 25% · 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

148 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 275 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 7/2016CA$350k–400k
Sold price

Same street

Bottom 4%

Same area

Bottom 16%

City-wide

Top 41%

Related homes

Highlights & common questions: 148 Cherrywood Road, Winnipeg

Property Overview & Appeal

This two-storey home on Cherrywood Road in Bridgwater Trails is a modern, low-maintenance property built in 2015. Its key characteristics include a functional 1,640 sqft living area, a good-sized 3,777 sqft lot, and a detached garage. The basement exists but is unrenovated, presenting a blank canvas for future expansion.

The appeal lies in its balance of being a relatively newer build in a popular suburban community, offering a move-in-ready foundation without the premium price of a brand-new home. It suits first-time buyers seeking a modern, manageable property, or downsizers looking for a single-family home without the upkeep of an older structure. A thoughtful perspective is its potential as a strategic entry point into the Bridgwater Trails area; while its specific street ranking is modest, the home itself is newer than over 90% of properties in Winnipeg, suggesting solid underlying build quality for its age. The unrenovated basement is a key feature, allowing the next owner to customize the space to their needs without first paying to undo someone else’s renovations.

Frequently Asked Questions

1. How does this home compare to others in Bridgwater Trails?
The home is newer than most in Winnipeg but is around the average age for the Bridgwater Trails neighbourhood. Its living space is comfortably sized, falling within the middle range for the area, as seen when compared to nearby reference properties.

2. What is the significance of the lot size?
At 3,777 sqft, the lot is larger than many in the immediate area, offering more private outdoor space than over 90% of lots on its street. This is a notable advantage for gardening, play, or outdoor entertaining.

3. Has the property value increased since its last sale?
The assessed value has increased from its 2016 sale price. However, market conditions and specific home improvements should be evaluated by a professional to determine its current market value.

4. What should I know about the basement?
The listing confirms the basement is not renovated. This means it is likely a blank, functional space requiring investment to finish, which should be factored into renovation budgets and planning.

5. Who are the typical neighbours?
Given the home’s age and the community’s development period, neighbours are likely to be a mix of young families and professionals who moved into the area within the last decade, contributing to an established but still modern community feel.

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.