16 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

85.4

Excellent

Overall 85.4 · Compared with neighbourhood average

1,878 sqft (top 40%) · Built in 2017 (2 yrs older than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Below average

2 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

85.4 is composed by the two sections below.

Property Score

87.3Excellent
Living Area89
1,878 sqftExcellent
Year Built97
2017Excellent
Lot Size67
5,493 sqftGood
Neighbourhood Sales Activity89
Excellent

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

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
1,878 sqft
0255075100
Same streetTop 48%Same areaTop 40%CitywideTop 14%
Same street · Cherrywood Road
#79 / 163
Top 48% · Avg 1,895 sqft
Same area · Bridgwater Trails
#512 / 1,282
Top 40% · Avg 1,849 sqft
Citywide · Winnipeg
#27,647 / 194,458
Top 14% · Avg 1,342 sqft

Tax-Assessed Value

above average
549k
0255075100
Same streetBottom 47%Same areaTop 44%CitywideTop 13%
Same street · Cherrywood Road
#86 / 163
Bottom 47% · Avg 558.6k
Same area · Bridgwater Trails
#566 / 1,282
Top 44% · Avg 596.2k
Citywide · Winnipeg
#24,928 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetBottom 34%Same areaBottom 31%CitywideTop 5%

Lot Size

above average
5,493 sqft
0255075100
Same streetTop 14%Same areaTop 31%CitywideTop 44%

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

16 Cherrywood Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 323 m).

Search radius
🌳Parks4

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 5/2024CA$550k–600k
Sold price

Same street

Top 39%

Same area

Top 30%

City-wide

Top 10%
Sold 9/2022CA$550k–600k
Sold price

Same street

Top 27%

Same area

Top 22%

City-wide

Top 7%

Related homes

Highlights & common questions: 16 Cherrywood Road, Winnipeg

Property Overview

16 Cherrywood Road is a well-maintained two-storey home built in 2017, situated on a larger-than-average lot in the popular Bridgwater Trails neighbourhood. Its appeal lies in a balance of modern construction, a desirable location, and strong value retention. The home features nearly 1,900 sqft of living space, an attached garage, and an unfinished basement offering potential for future customization. Key data points indicate it consistently ranks highly for lot size and value within Winnipeg, and its recent sale history shows stable pricing in a dynamic market. This property would suit first-time buyers or young families seeking a move-in ready home in a newer community, as well as value-conscious buyers who appreciate the upside of an unfinished basement to tailor to their own needs.

Frequently Asked Questions

1. What is the neighbourhood like?
Bridgwater Trails is a master-planned, newer community in Winnipeg known for its parks, pathways, and family-friendly atmosphere. The property's rankings show it is in a well-regarded location, performing better than most homes on its street and in the wider area for key metrics like lot size.

2. Is the basement finished?
No, the basement is unfinished. This is a key point for buyers: it means lower immediate costs but presents an opportunity to add value and customize the space to your specific requirements in the future.

3. How does the property's value compare?
The home's assessed value is consistent with recent sale prices, suggesting stable market valuation. Notably, its assessed value ranks in the top 12% city-wide, indicating it is considered a higher-value property within Winnipeg.

4. What are the property's strongest features?
Its strongest objective features are the generous 5,493 sqft lot (ranking in the top 14% on its street) and its relatively new construction (2017). The home also shows a history of strong value retention when compared to broader city trends.

5. What should I consider about the sale history?
The property sold recently in May 2024. The sale price was very close to its current assessed value, which can indicate a balanced and informed transaction. Reviewing the nearby and similarly valued comparison properties provided can help gauge the current market context.