20 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

88.6

Excellent

Overall 88.6 · Compared with neighbourhood average

1,906 sqft (top 38%) · Built in 2017 (2 yrs older than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby

Living Area

Near average

3% larger than neighborhood avg.

Year Built

Below average

2 yrs older 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

88.6 is composed by the two sections below.

Property Score

92.7Excellent
Living Area92
1,906 sqftExcellent
Year Built97
2017Excellent
Lot Size91
7,567 sqftExcellent
Neighbourhood Sales Activity89
Excellent

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

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
1,906 sqft
0255075100
Same streetTop 45%Same areaTop 38%CitywideTop 13%
Same street · Cherrywood Road
#74 / 163
Top 45% · Avg 1,895 sqft
Same area · Bridgwater Trails
#489 / 1,282
Top 38% · Avg 1,849 sqft
Citywide · Winnipeg
#25,823 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
566k
0255075100
Same streetTop 42%Same areaTop 39%CitywideTop 11%
Same street · Cherrywood Road
#69 / 163
Top 42% · Avg 558.6k
Same area · Bridgwater Trails
#503 / 1,282
Top 39% · Avg 596.2k
Citywide · Winnipeg
#21,084 / 194,458
Top 11% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetBottom 34%Same areaBottom 31%CitywideTop 5%

Lot Size

Elite
7,567 sqft
0255075100
Same streetTop 1%Same areaTop 14%CitywideTop 13%

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

20 Cherrywood Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 329 m).

Search radius
🌳Parks4

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 6/2022CA$650k–700k
Sold price

Same street

Top 14%

Same area

Top 15%

City-wide

Top 4%
Sold 12/2016CA$400k–450k
Sold price

Same street

Bottom 15%

Same area

Bottom 30%

City-wide

Top 28%

Related homes

Highlights & common questions: 20 Cherrywood Road, Winnipeg

Property Overview

20 Cherrywood Road is a modern two-storey home in Winnipeg's Bridgwater Trails neighbourhood, built in 2017. Its primary appeal lies in its strong position within a desirable, newer community. The property sits on a large 7,567 sqft lot, which is notably larger than most on its street and in the wider area. While the home itself (1,906 sqft) is comfortably sized, the data suggests its standout value is derived from its land and location rather than an exceptionally large living space. The home features an attached garage and an unfinished basement, presenting a blank canvas for future expansion.

This property would suit buyers looking for a established, low-maintenance home in a top-tier neighbourhood without paying a premium for a fully renovated interior. It's ideal for those who value outdoor space and future potential over immediate move-in perfection. The strong historical sale price increase (from $425k in 2016 to $675k in 2022) and its assessed value ranking in the top 10% of Winnipeg indicate it's a solid asset in a sought-after area, appealing to long-term investors and growing families alike.


Frequently Asked Questions

1. How does the unfinished basement affect the value?
While it may not appeal to buyers seeking immediate turn-key convenience, the unrenovated basement is a significant opportunity. It allows for customization and adds future livable square footage, which is often more cost-effective than buying a larger finished home upfront.

2. The home is newer (2017), but its "year built" rank on its street is only in the top 66%. What does that mean?
This indicates Cherrywood Road and Bridgwater Trails are uniformly modern developments. The home is not an outlier; it's part of a cohesive, contemporary streetscape. This consistency often supports stable property values and a uniform neighbourhood aesthetic.

3. The assessed value is $566k, but it sold for $675k in 2022. Which figure is more relevant?
The 2022 sale price is a concrete market transaction and is a stronger indicator of what buyers were recently willing to pay. The assessed value is for municipal tax purposes. The gap suggests the market has historically valued this specific property above its official assessment, a positive sign for equity.

4. What is the significance of the lot size being in the "top 1%" on its street?
In a newer subdivision where lot sizes can be similar, a lot that ranks this highly is a genuine differentiator. It offers more private outdoor space, potential for landscaping, gardens, or additions, and often feels less cramped than neighbouring properties—a premium feature that's hard to replicate.

5. Who is the typical buyer in Bridgwater Trails?
This community attracts a mix of young professionals, growing families, and empty-nesters seeking a modern, planned neighbourhood with newer amenities, parks, and trails. The data shows values here consistently perform well against wider Winnipeg averages, appealing to those prioritizing investment stability alongside lifestyle.