181 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

85.1

Excellent

Overall 85.1 · Newer than most nearby homes

1,820 sqft (top 44%) · Built in 2021 (2 yrs newer than avg)

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

Transit 76.0 · 8-min walk to transit with 4 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

2 yrs newer 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

85.1 is composed by the two sections below.

Property Score

86.8Excellent
Living Area1,820 sqft89Excellent
Year Built2021100Excellent
Lot Size4,628 sqft60Fair
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
1,820 sqft
0255075100
Same streetBottom 46%Same areaTop 44%CitywideTop 16%
Same street · Cherrywood Road
#88 / 163
Bottom 46% · Avg 1,895 sqft
Same area · Bridgwater Trails
#559 / 1,282
Top 44% · Avg 1,849 sqft
Citywide · Winnipeg
#32,025 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
548k
0255075100
Same streetBottom 45%Same areaTop 45%CitywideTop 13%
Same street · Cherrywood Road
#89 / 163
Bottom 45% · Avg 558.6k
Same area · Bridgwater Trails
#572 / 1,282
Top 45% · Avg 596.2k
Citywide · Winnipeg
#25,162 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 6%Same areaTop 10%CitywideTop 2%

Lot Size

around average
4,628 sqft
0255075100
Same streetBottom 29%Same areaBottom 45%CitywideBottom 37%

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

181 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 289 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 4/2021CA$400k–450k
Sold price

Same street

Bottom 20%

Same area

Bottom 36%

City-wide

Top 23%

Related homes

Highlights & common questions: 181 Cherrywood Road, Winnipeg

Property Overview: 181 Cherrywood Road, Bridgwater Trails, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2021, offers modern living in the popular Bridgwater Trails neighbourhood. Its key appeal lies in being a relatively new build, requiring less immediate maintenance than an older home. The property features a good-sized lot (4,628 sqft) and an attached garage, with a living area of 1,820 sqft that ranks comfortably above average for Winnipeg.

The home suits first-time buyers or young families seeking a move-in-ready property in a modern community. Its strong rankings for being newer than most homes in the city (top 2%) and having above-average living space offer a sense of value and contemporary comfort. A thoughtful perspective is that while the basement exists, it is noted as not renovated, presenting a clear, defined project for future expansion or customization to suit a buyer's needs. The data suggests the home sits on a quieter part of Cherrywood Road, ranking better than only 29% of homes on the same street for lot size, which could appeal to those preferring a more contained, manageable yard.

Section 2: Frequently Asked Questions

1. How does this home compare to others in Bridgwater Trails?
The home is newer than approximately 90% of properties in the neighbourhood. Its living space is larger than 56% of area homes, placing it in a comfortable middle range for the community.

2. What is the potential for future value?
The home’s assessed value has increased since its 2021 sale, and it ranks in the top 12% for assessed value city-wide. The unrenovated basement presents a clear opportunity to add value through future development.

3. Is the lot size typical for the area?
At 4,628 sqft, the lot is larger than the Winnipeg average but is actually on the smaller side for Cherrywood Road itself, ranking in the bottom third for lot size on the street. This may mean less yard maintenance.

4. What does "not renovated" for the basement imply?
It indicates the basement is unfinished or in a basic state. Buyers should budget and plan for any desired development, from insulation and drywall to creating finished rooms.

5. How does the sold price history inform the current asking price?
The home sold for $44.90k in April 2021, likely prior to completion. The current assessed value is $54.80k. This history shows appreciation and provides a benchmark, but the market conditions of the original sale (likely a pre-construction purchase) were very different from today's resale market.

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