225 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Larger and newer than most nearby homes

2,364 sqft (top 13%) · Built in 2020 (1 yr 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

28% 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

89.2 is composed by the two sections below.

Property Score

93.6Excellent
Living Area2,364 sqft96Excellent
Year Built202097Excellent
Lot Size6,366 sqft81Excellent
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
2,364 sqft
0255075100
Same streetTop 10%Same areaTop 13%CitywideTop 4%
Same street · Cherrywood Road
#17 / 163
Top 10% · Avg 1,895 sqft
Same area · Bridgwater Trails
#171 / 1,282
Top 13% · Avg 1,849 sqft
Citywide · Winnipeg
#7,975 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
656k
0255075100
Same streetTop 9%Same areaTop 20%CitywideTop 5%
Same street · Cherrywood Road
#15 / 163
Top 9% · Avg 558.6k
Same area · Bridgwater Trails
#257 / 1,282
Top 20% · Avg 596.2k
Citywide · Winnipeg
#9,960 / 194,458
Top 5% · Avg 390.1k

Year Built

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

Lot Size

above average
6,366 sqft
0255075100
Same streetTop 6%Same areaTop 19%CitywideTop 25%

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

225 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 315 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 3/2025CA$750k–800k
Sold price

Same street

Top 3%

Same area

Top 9%

City-wide

Top 2%
Sold 8/2020CA$500k–550k
Sold price

Same street

Bottom 45%

Same area

Top 43%

City-wide

Top 15%

Related homes

Highlights & common questions: 225 Cherrywood Road, Winnipeg

Property Summary: 225 Cherrywood Road, Bridgwater Trails

Key Characteristics & Appeal

This modern two-storey home, built in 2020, offers a turnkey lifestyle in the sought-after Bridgwater Trails neighbourhood. Its primary appeal lies in a combination of newer construction, above-average living space, and a strong value trajectory. With 2,364 sqft of living area, the home is larger than approximately 90% of houses on its street and 87% within the neighbourhood. It features an attached garage and a full, unfinished basement, providing room to grow.

The property’s standout feature is its compelling financial history. A recent sale in March 2025 at $773,000 significantly outperformed local benchmarks, ranking in the top 2% for sale prices in Winnipeg. This suggests strong market recognition. The home suits buyers seeking a low-maintenance, modern property in a family-oriented community without the need for immediate renovations. It’s particularly well-matched for professionals or growing families who value space, contemporary builds, and a neighbourhood with consistent property value growth. A thoughtful perspective is that the unfinished basement, while not a feature, represents a clear opportunity for future customization and added value, allowing new owners to tailor the space to their exact needs.


Frequently Asked Questions

1. How does this home compare in size and value to others in Bridgwater Trails?
The home ranks in the top 20% of the neighbourhood for both living area and assessed value, indicating it is a larger and more valuable property than most in the area.

2. What does the recent sale price tell us about the property?
The March 2025 sale price of $773,000 ranks better than 98% of recent sales in Winnipeg, demonstrating exceptionally strong market demand and perceived value for this specific home.

3. Is the basement finished?
No, the basement is confirmed as unfinished. This presents a blank canvas for future development, such as creating a recreation room, home office, or additional bedrooms.

4. How old is the home, and what does that mean for maintenance?
Built in 2020, the home is relatively new, meaning major components like the roof, HVAC, and appliances are likely still under or just approaching their prime, offering a period of lower anticipated repair costs.

5. How stable is the property’s value based on its history?
The home has appreciated significantly from its 2020 sale price of $507,000 to $773,000 in 2025. While past performance doesn't guarantee future results, this sharp increase, coupled with its high rankings against local comparables, suggests a history of solid value retention and growth in its market segment.

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