209 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

87.6

Excellent

Overall 87.6 · Larger and newer than most nearby homes

2,313 sqft (top 16%) · Built in 2021 (2 yrs newer than avg)

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

Transit 66.0 · 9-min walk to transit with 4 nearby routes · Within 500m: 3 parks nearby

Living Area

Above average

25% 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

87.6 is composed by the two sections below.

Property Score

91.0Excellent
Living Area2,313 sqft96Excellent
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

Elite
2,313 sqft
0255075100
Same streetTop 17%Same areaTop 16%CitywideTop 5%
Same street · Cherrywood Road
#27 / 163
Top 17% · Avg 1,895 sqft
Same area · Bridgwater Trails
#211 / 1,282
Top 16% · Avg 1,849 sqft
Citywide · Winnipeg
#9,243 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
705k
0255075100
Same streetTop 6%Same areaTop 15%CitywideTop 4%
Same street · Cherrywood Road
#9 / 163
Top 6% · Avg 558.6k
Same area · Bridgwater Trails
#195 / 1,282
Top 15% · Avg 596.2k
Citywide · Winnipeg
#7,303 / 194,458
Top 4% · 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

209 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 304 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 2/2021CA$600k–650k
Sold price

Same street

Top 22%

Same area

Top 19%

City-wide

Top 6%

Related homes

Highlights & common questions: 209 Cherrywood Road, Winnipeg

Property Overview: 209 Cherrywood Road, Bridgwater Trails

Key Characteristics & Appeal

This two-storey home, built in 2021, presents a compelling blend of modern living and established value in Winnipeg's Bridgwater Trails community. Its key appeal lies in its balance of being a relatively new build—requiring less immediate maintenance—with a recently renovated basement that adds immediate functional space. The property sits on a generous 4,666 sqft lot with an attached garage.

Statistically, the home stands out in several key areas compared to its local and city-wide peers. It ranks in the top tier for its newness (newer than 98% of Winnipeg homes), above-average living space (larger than 96% in Winnipeg), and a strong assessed value that places it in the top 3% citywide. This suggests a well-regarded property in a desirable setting. The data indicates significant equity growth since its last sale in 2021, with the assessed value rising from approximately $62,900k to $70,500k.

This property would suit buyers looking for a move-in-ready, modern home in a planned neighbourhood who want to avoid the wait and uncertainties of new construction. It’s particularly suited for growing families or professionals who value the extra finished space of a renovated basement and appreciate a home that already shows strong value appreciation in its early years.


Frequently Asked Questions

Q: How does the lot size compare to others in the area?
A: At 4,666 sqft, the lot is larger than about 60% of properties on the same street, offering a decent outdoor space in a newer community where lots can vary.

Q: What does the "renovated basement" entail?
A: The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and purpose of the space.

Q: The assessed value has increased notably since 2021. What does this mean?
A: The increase from approximately $62,900k to $70,500k in assessed value suggests the property has appreciated well, likely due to market conditions, the basement renovation, and its relative newness. It’s a strong indicator of built-up equity.

Q: Are the property taxes likely to be high?
A: Given the assessed value is in the top 3% for Winnipeg, property taxes will likely be correspondingly higher. Prospective buyers should budget for this based on the current mill rate.

Q: The home is only 5 years old. Are there any builder warranties still in effect?
A: For a 2021 build, some original builder warranties on major components like structure or envelope may still be transferable. This is an important point to investigate, as it could provide valuable peace of mind.

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