185 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

83.6

Excellent

Overall 83.6 · Compared with neighbourhood average

1,752 sqft (top 47%) · Built in 2019

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

5% smaller than neighborhood avg.

Year Built

Near average

0 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

83.6 is composed by the two sections below.

Property Score

84.4Excellent
Living Area1,752 sqft86Excellent
Year Built201997Excellent
Lot Size4,666 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
1,752 sqft
0255075100
Same streetBottom 40%Same areaTop 47%CitywideTop 19%
Same street · Cherrywood Road
#97 / 163
Bottom 40% · Avg 1,895 sqft
Same area · Bridgwater Trails
#605 / 1,282
Top 47% · Avg 1,849 sqft
Citywide · Winnipeg
#36,832 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
537k
0255075100
Same streetBottom 42%Same areaTop 47%CitywideTop 14%
Same street · Cherrywood Road
#95 / 163
Bottom 42% · Avg 558.6k
Same area · Bridgwater Trails
#607 / 1,282
Top 47% · Avg 596.2k
Citywide · Winnipeg
#27,856 / 194,458
Top 14% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 33%Same areaTop 35%CitywideTop 4%

Lot Size

around average
4,666 sqft
0255075100
Same streetBottom 40%Same areaBottom 46%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

185 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 290 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 9/2023CA$600k–650k
Sold price

Same street

Top 25%

Same area

Top 21%

City-wide

Top 7%

Related homes

Highlights & common questions: 185 Cherrywood Road, Winnipeg

Property Overview: 185 Cherrywood Road, Bridgwater Trails

Section 1: Key Characteristics & Appeal

This two-storey home in the popular Bridgwater Trails neighbourhood is a modern, low-maintenance property built in 2019. Its key appeal lies in its balance of being relatively new—which means fewer immediate repair concerns—and its established location within a sought-after community. With 1,752 sqft of living space and an attached garage on a 4,666 sqft lot, it offers practical family-sized accommodation.

The home’s standout feature is its strong value positioning within the broader Winnipeg market. Data shows it ranks in the top tiers for its newness, living area, and assessed value compared to the entire city. This suggests a property that has been well-maintained and is positioned competitively. Its appeal is particularly grounded for pragmatic buyers: young families or professionals seeking a move-in ready home in a modern suburb without the premium of a brand-new build. It also suits value-conscious investors or buyers who appreciate concrete data, as the home’s metrics consistently perform better in city-wide rankings than on its immediate street, indicating a solid long-term investment in a growing area.

Section 2: Frequently Asked Questions

1. Is the basement finished?
No, the basement is present but unrenovated. This offers new owners a blank canvas to add living space and value according to their own needs and budget.

2. How does the sold price from 2023 relate to today’s value?
The home sold for $610k in September 2023. This recent transaction provides a concrete benchmark for the property’s market value in the recent past, which is a useful starting point for understanding its current worth in today’s market.

3. The home ranks in the top 60% on its street for size. What does that mean?
This means the living area is above average for Cherrywood Road. It indicates you’re getting a home that is physically larger than many of its direct neighbours, which can be an advantage for space and future resale.

4. The assessed value is much lower than the last sale price. Why?
Municipal assessed value ($53.70k) is for tax purposes and is not intended to reflect market value. The significant difference between it and the sale price is normal in Winnipeg; market value is determined by what buyers are willing to pay in the open market.

5. What is the significance of the "Winnipeg" ranking percentages?
These show how this property compares to all homes in Winnipeg. For example, ranking better than 96% of Winnipeg for year built means it is among the newest 4% of homes city-wide. This highlights one of its strongest features: its modern age in a market with many older homes.

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.