Property score
87.9
Excellent
Overall 87.9 · Larger and newer than most nearby homes
2,358 sqft (top 15%) · 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)
1,068
563.8k
$347/sqft
2019
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
Free · No credit card required
87.9 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
233 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 310 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 | Top 6% | Top 10% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 40% | Top 45% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 233 Cherrywood Road, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home in the popular Bridgwater Trails neighbourhood offers a compelling blend of modern living and established value. Built in 2020, it is a relatively new home that requires no major updates, situated on a generous 5,241 sqft lot. With 2,358 sqft of living space, an attached garage, and an undeveloped basement, it provides ample room for a growing family or those who appreciate spacious layouts.
The primary appeal lies in its strong market position and proven investment quality. The home ranks in the top 15-20% of its immediate street and neighbourhood for both lot size and living area. Notably, its sold price in July 2024 ($75.30k) places it in the top 2% of recent sales on its street and top 3% across Winnipeg, indicating a highly desirable property that has appreciated significantly from its 2020 purchase price. This isn't just a new house; it's a home in a mature phase of a sought-after community, offering the perks of a modern build without the initial development phase uncertainties.
This property would perfectly suit young families or professionals looking for a move-in ready home in a stable, newer suburb. It’s also ideal for value-conscious buyers who appreciate data-driven reassurance—the strong rankings and clear value growth provide a sense of security. The unfinished basement presents a valuable blank canvas for future customization, adding to its long-term suitability.
Frequently Asked Questions
1. How does the assessed value compare to the recent sale price?
The 2024 assessed value is $65.40k, while the home sold for $75.30k in July 2024. This difference is common, as assessed values for taxation purposes often lag behind current, competitive market prices, which are reflected in the actual sale.
2. What does the "unfinished basement" entail?
The basement is included but has not been renovated. It presents a significant opportunity for future expansion and customization, such as adding a rec room, home office, or additional bedrooms, tailored to a new owner's needs.
3. The home sold for $50.20k in 2020 and $75.30k in 2024. Does this indicate strong appreciation?
Yes. This represents substantial appreciation over four years. It suggests the property and the Bridgwater Trails area have held and increased their market value very effectively, a positive indicator for future equity.
4. How does this home compare to others in Bridgwater Trails?
The rankings show it performs very well within its own neighbourhood. It sits in the top 15% for living area and top 20% for assessed value among over 1,200 properties, indicating it is larger and more valuable than the majority of homes in the area.
5. Is the lot size typical for the area?
At 5,241 sqft, the lot is larger than 83% of those on its street and 63% in the wider neighbourhood. This means you're getting more outdoor space than is typical for this community, which is often characterized by newer, denser subdivisions.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
