189 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

86.9

Excellent

Overall 86.9 · Newer than most nearby homes

2,006 sqft (top 32%) · Built in 2021 (2 yrs newer than avg)

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

Transit 66.0 · 8-min walk to transit with 4 nearby routes · Within 500m: 3 parks nearby

Living Area

Near average

8% larger 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

86.9 is composed by the two sections below.

Property Score

89.8Excellent
Living Area2,006 sqft94Excellent
Year Built2021100Excellent
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
2,006 sqft
0255075100
Same streetTop 40%Same areaTop 32%CitywideTop 11%
Same street · Cherrywood Road
#66 / 163
Top 40% · Avg 1,895 sqft
Same area · Bridgwater Trails
#408 / 1,282
Top 32% · Avg 1,849 sqft
Citywide · Winnipeg
#20,786 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
562k
0255075100
Same streetTop 46%Same areaTop 41%CitywideTop 11%
Same street · Cherrywood Road
#75 / 163
Top 46% · Avg 558.6k
Same area · Bridgwater Trails
#522 / 1,282
Top 41% · Avg 596.2k
Citywide · Winnipeg
#21,931 / 194,458
Top 11% · Avg 390.1k

Year Built

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

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

189 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 292 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 3/2021CA$450k–500k
Sold price

Same street

Bottom 32%

Same area

Top 50%

City-wide

Top 17%

Related homes

Highlights & common questions: 189 Cherrywood Road, Winnipeg

Property Summary: 189 Cherrywood Road, Bridgwater Trails, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2021, offering a move-in-ready canvas in the popular Bridgwater Trails community. Its key appeal lies in its balance of new construction benefits—like contemporary building standards and minimal immediate maintenance—with established neighbourhood maturity. The home sits on a generous 4,666 sqft lot, providing ample outdoor space that is less common in newer subdivisions, and features an attached garage and a full (though unrenovated) basement ready for future customization.

The property’s standout feature is its relative newness, ranking newer than 90-98% of homes in the broader area, which is a significant advantage for buyers seeking energy efficiency and modern layouts without the premium of a brand-new build. It would suit first-time buyers or young families looking for a modern home in a family-oriented neighbourhood without the wait and uncertainty of a pre-construction purchase. It’s also a practical fit for value-conscious buyers who appreciate having a blank-slate basement to finish according to their own taste and budget, avoiding the cost of someone else’s potentially dated renovations.

Section 2: Frequently Asked Questions

1. How does the lot size compare to others in the area?
At 4,666 sqft, the lot is larger than average for the street and neighbourhood, offering more private outdoor space than many comparable newer homes in Bridgwater Trails.

2. What does the "Top %" ranking mean for this home?
These rankings compare this specific property against others on its street, in Bridgwater Trails, and across Winnipeg. For example, being newer than 98% of Winnipeg homes highlights its modern age as a key asset, while its living area is more spacious than 90% of city homes.

3. The assessed value is $56.20k; is that the sale price?
No. The assessed value is for municipal tax purposes. The market sale price is set by the seller and will be influenced by current market conditions, the home’s condition, and buyer demand.

4. The basement is noted as "not renovated." What does that imply?
It means the basement is unfinished or in a basic, builder-grade state. This presents both a cost and an opportunity: you’ll need to invest to finish it, but you can design the space to your exact needs without removing prior work.

5. The home sold in 2021; is that the original builder sale?
Likely, yes. The sale in March 2021 for $49.20k appears to be the original purchase from the builder, given the home was built that same year. The current sale represents the first re-sale on the open market.

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