Property score
86.5
Excellent
Overall 86.5 · Larger and newer than most nearby homes
2,077 sqft (top 28%) · 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
12% 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)
1,068
563.8k
$347/sqft
2019
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86.5 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
197 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 297 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 26% | Bottom 41% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 197 Cherrywood Road, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2020, offers modern living in the popular Bridgwater Trails neighbourhood. Its key appeal lies in a balance of newer construction and established community. With 2,077 sqft of living space and a 4,666 sqft lot, it provides ample room for a growing family. The home includes an attached garage and an unfinished basement, presenting a blank canvas for future customization.
The property’s strength is its relative newness compared to much of Winnipeg, ranking newer than 97% of homes in the city. This suggests modern building standards, energy efficiency, and minimal immediate repair needs. Its living area is also spacious for the local market, ranking larger than 92% of Winnipeg homes. The appeal is for buyers seeking a move-in ready, contemporary home in a master-planned community, ideally suited for young professionals or families who value modern layouts, community amenities, and the potential to personalize the basement space over time. A thoughtful perspective is that while the lot size is average for the street, the home’s newer age and above-average interior space offer a practical trade-off, prioritizing the building’s condition over expansive outdoor land.
Section 2: Frequently Asked Questions
1. What is the significance of the "rank" statistics provided?
These rankings compare this property against others on its street, in Bridgwater Trails, and across all of Winnipeg for metrics like size and age. They help contextualize the home’s value proposition, showing where it excels (e.g., it's newer than most city homes) and where it is more average (e.g., lot size).
2. The assessed value is $57.10k, but what would the expected market price be?
Assessed value is for municipal tax purposes and is typically significantly lower than market value. The actual listing or sale price would be determined by current market conditions. The last recorded sale was in late 2020 for $46.40k.
3. What does "BasementYes, not renovated" mean?
It confirms the home has a basement, but it is unfinished. This means the space is likely raw (concrete floors, exposed framing/utilities), offering the next owner the opportunity to design and finish it to their specific needs and taste.
4. How does this home compare to others in Bridgwater Trails?
The data shows it is newer than about 79% of homes in the neighbourhood and has more living area than about 72% of them. This positions it as a relatively modern and spacious option within this specific community.
5. The sold price from 2020 seems low. Is that relevant today?
That historical price is a data point showing the home’s purchase price at the time. It is not indicative of current value, which is influenced by several years of market changes, neighbourhood development, and improvements made to the property since then.
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