Property score
80.5
Excellent
Overall 80.5 · Smaller than most nearby homes
1,516 sqft (bottom 24%) · Built in 2017 (2 yrs older 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: 2 parks nearby
Living Area
Below average
18% smaller 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)
1,068
563.8k
$347/sqft
2019
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80.5 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
232 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 364 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%
232 Cherrywood Road: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 232 Cherrywood Road in Bridgwater Trails is a well-maintained property built in 2017. With 1,516 square feet of living space on a 4,310 square foot lot and an assessed value of $476,000, it presents a specific value proposition within the Winnipeg market.
Key Characteristics & Appeal
The primary appeal of this home lies in its modern age and its position as a value-conscious entry into a desirable, newer neighborhood. While its living area and assessed value are below the averages for Cherrywood Road and Bridgwater Trails, they are notably above the citywide averages. This creates an interesting dynamic: you are purchasing a newer, above-average city home for a price that sits below its immediate peer group. The lot size is manageable, favoring low-maintenance outdoor living over expansive private space.
This property would suit first-time buyers or downsizers seeking a modern, turn-key home in a community with newer infrastructure, without paying the premium for a larger floor plan on the same street. It’s a practical choice for those who prioritize the quality and age of a home and the amenities of a planned neighborhood over maximizing square footage. A thoughtful perspective is that buying a "below-average" home in an "above-average" area can be a strategic way to build equity, as the property's value is supported by its surroundings.
1. Is this home a good value compared to others on the street?
Based on assessed value, this home is ranked below the street average ($558.6k), suggesting it may offer a more affordable price point within Cherrywood Road while still being part of the same modern community.
2. How does the size of this home compare to most Winnipeg houses?
Its living area of 1,516 sq ft is above the citywide average (1,342 sq ft), placing it in the top 29% locally. It provides more space than many older Winnipeg homes, just in a more efficient, modern footprint.
3. What does the "Elite" citywide ranking for year built mean?
Built in 2017, this home is newer than approximately 95% of comparable properties across Winnipeg. This suggests newer construction standards, modern layouts, and less immediate need for major updates.
4. Why is there no public sold price history shown?
The site does not source data from the MLS. A full transaction history and exact sold prices require a manual lookup, which they offer to provide via email upon request.
5. How does the lot size impact the property?
At 4,310 sq ft, the lot is below the street average but typical for newer neighborhoods. It suits those who prefer a smaller, more manageable yard for easier maintenance, with community parks likely supplementing private outdoor space.
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