236 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

81.3

Excellent

Overall 81.3 · Compared with neighbourhood average

1,610 sqft (bottom 34%) · Built in 2019

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

Transit 76.0 · 8-min walk to transit with 4 nearby routes · Within 500m: 2 parks nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Near average

0 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

81.3 is composed by the two sections below.

Property Score

80.5Excellent
Living Area83
1,610 sqftExcellent
Year Built97
2019Excellent
Lot Size46
3,776 sqftLow
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
1,610 sqft
0255075100
Same streetBottom 23%Same areaBottom 34%CitywideTop 25%
Same street · Cherrywood Road
#126 / 163
Bottom 23% · Avg 1,895 sqft
Same area · Bridgwater Trails
#840 / 1,282
Bottom 34% · Avg 1,849 sqft
Citywide · Winnipeg
#48,384 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
488k
0255075100
Same streetBottom 23%Same areaBottom 32%CitywideTop 22%
Same street · Cherrywood Road
#126 / 163
Bottom 23% · Avg 558.6k
Same area · Bridgwater Trails
#872 / 1,282
Bottom 32% · Avg 596.2k
Citywide · Winnipeg
#42,318 / 194,458
Top 22% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 33%Same areaTop 35%CitywideTop 4%

Lot Size

below average
3,776 sqft
0255075100
Same streetBottom 1%Same areaBottom 18%CitywideBottom 23%

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

236 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 360 m).

Search radius
🌳Parks2

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 2/2022CA$550k–600k
Sold price

Same street

Top 34%

Same area

Top 27%

City-wide

Top 10%
Sold 6/2019CA$350k–400k
Sold price

Same street

Bottom 8%

Same area

Bottom 21%

City-wide

Top 36%

Related homes

Highlights & common questions: 236 Cherrywood Road, Winnipeg

Property Summary: 236 Cherrywood Road, Bridgwater Trails, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2019, offering a low-maintenance start in the popular Bridgwater Trails community. Its key appeal lies in its balance of newer construction and established neighbourhood living. The home sits on a generous 3,776 sqft lot and features a detached garage and an unfinished basement, providing a blank canvas for future expansion.

The property suits first-time buyers or young families seeking a contemporary home without the wait or uncertainties of new construction. Its recent build date means major components are likely under warranty, offering peace of mind. A thoughtful perspective is its positioning within the market: while its living space is comfortable, the significant lot size and unfinished basement represent its primary value-add opportunities for a buyer looking to customize and build equity over time. The data suggests it’s a solid, middle-of-the-road property within its immediate street and neighbourhood, but ranks highly across Winnipeg for its newness, indicating a relatively modern asset in the broader city context.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
Based on the available metrics, this home has a larger-than-average lot for the street but its living area and assessed value are currently below the street's median. This can present an opportunity to add value through renovations or finishing the basement.

2. What does the sale history indicate?
The home sold previously in 2019 and 2022. The price increase between those sales aligns with broader market trends of the time. This history shows established market activity, providing concrete, recent comparables for valuation.

3. Is the unfinished basement a drawback?
Not necessarily. For many buyers, an unfinished basement is a positive. It allows you to customize the space to your exact needs (e.g., a rec room, home office, or additional bedroom) without needing to undo previous renovations, and it keeps the initial purchase price lower.

4. How does Bridgwater Trails rank as a neighbourhood?
The data shows this specific property ranks in the top 35% of the neighbourhood for year built (newer) and top 66% for living area. Bridgwater Trails is a master-planned community known for its pathways, parks, and modern amenities, appealing to those seeking a suburban lifestyle with contemporary infrastructure.

5. What is the significance of the "Assessed Value" versus the last "Sold" price?
The assessed value ($48.80k) is for municipal tax purposes and is typically much lower than market value. The last sold price ($56.80k in 2022) is a historical market price. Neither should be taken as a current listing or sale price; they are reference points for understanding past value and tax base.