193 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Larger and newer than most nearby homes

2,179 sqft (top 22%) · Built in 2020 (1 yr 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

Above average

18% larger than neighborhood avg.

Year Built

Above average

1 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

86.5 is composed by the two sections below.

Property Score

89.2Excellent
Living Area2,179 sqft94Excellent
Year Built202097Excellent
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
2,179 sqft
0255075100
Same streetTop 26%Same areaTop 22%CitywideTop 7%
Same street · Cherrywood Road
#42 / 163
Top 26% · Avg 1,895 sqft
Same area · Bridgwater Trails
#281 / 1,282
Top 22% · Avg 1,849 sqft
Citywide · Winnipeg
#13,569 / 194,458
Top 7% · Avg 1,342 sqft

Tax-Assessed Value

above average
638k
0255075100
Same streetTop 15%Same areaTop 22%CitywideTop 6%
Same street · Cherrywood Road
#24 / 163
Top 15% · Avg 558.6k
Same area · Bridgwater Trails
#288 / 1,282
Top 22% · Avg 596.2k
Citywide · Winnipeg
#11,299 / 194,458
Top 6% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 17%Same areaTop 21%CitywideTop 3%

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

193 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 294 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 5/2020CA$550k–600k
Sold price

Same street

Top 31%

Same area

Top 23%

City-wide

Top 8%

Related homes

Highlights & common questions: 193 Cherrywood Road, Winnipeg

Property Overview: 193 Cherrywood Road, Bridgwater Trails, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This two-storey home, built in 2020, is a modern property in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of contemporary living and established community. With 2,179 sqft of living space on a 4,666 sqft lot, it offers ample room for a growing or established family. The attached garage and existing (though unrenovated) basement provide practical space and future potential.

The home’s standout feature is its relative newness in a city-wide context, ranking newer than 97% of Winnipeg properties. This suggests modern building standards, energy efficiency, and minimal immediate maintenance. Its value has appreciated steadily since its 2020 sale, and its current assessed value ranks highly within its immediate area, indicating a strong position in the local market. The appeal is for the buyer who wants a move-in ready, modern home without the wait and uncertainties of new construction, but who may see the unfinished basement as a canvas for future customization.

This property would suit young families or professionals seeking a modern home in a master-planned community with amenities. It also fits the practical buyer who appreciates quantifiable metrics—seeing that the home ranks well above average in size, age, and value for its street and neighbourhood provides a grounded sense of getting a solid, above-par property for the area.


Frequently Asked Questions

1. How does the property’s value compare to the neighbourhood?
The assessed value of $63,800k ranks higher than 78% of properties in Bridgwater Trails, placing it in the top quarter for the area. This suggests it is a above-average offering for the neighbourhood.

2. What does the "unrenovated basement" mean?
The listing confirms a basement exists but that it has not been renovated. Buyers should budget and plan for finishing this space to suit their needs, though it offers valuable additional square footage and potential.

3. Is the property larger or newer than others on the street?
Yes. The home ranks better than 74% of houses on Cherrywood Road for living area and better than 83% for its newer year of build (2020). This means it is both more spacious and more modern than most of its direct neighbours.

4. What are the comparable properties nearby?
The listing references nearby homes on Cherrywood Road and similar assessed values in other Winnipeg neighbourhoods. For a true comparison on style, condition, and specific location, viewing similar-aged homes within Bridgwater Trails itself is recommended.

5. Has the property value increased since it was last sold?
Yes. It sold for $58,900k in May 2020 and now has an assessed value of $63,800k, indicating appreciation. Market conditions and specific upgrades will influence the final sale price.

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