Property score
80.8
Excellent
Overall 80.8 · Smaller than most nearby homes
1,316 sqft (bottom 6%) · Built in 2019
Located in a high-income area with median household income of ~103k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby
Living Area
Below average
29% 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)
1,068
563.8k
$347/sqft
2019
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80.8 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
24 Cherrywood Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 319 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 31% | Top 24% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 24 Cherrywood Road, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This well-presented, modern one-storey home in the sought-after Bridgwater Trails neighbourhood offers a blend of contemporary living and practical updates. Built in 2019, it benefits from newer construction standards while featuring a renovated basement, adding valuable finished space. The detached garage and a generous 7,068 sqft lot provide ample outdoor and storage flexibility.
The primary appeal lies in its strong value positioning within a newer community. It ranks in the top tiers for lot size and overall value in Winnipeg, suggesting a solid investment in a desirable area. The recent sale in late 2024 indicates current market validation. This home is ideally suited for first-time buyers seeking a modern, low-maintenance property, downsizers looking for single-level living without compromising on lot size, or pragmatic investors attracted by the neighbourhood's growth and the home's recent updates. It’s a property for those who prioritize the quality and age of the community infrastructure as much as the home itself.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,316 sqft, the living area is more compact than many comparable homes in Bridgwater Trails. The value here is balanced toward the larger lot and the newer build year, making it ideal for those who prioritize outdoor space or a modern build over sheer interior square footage.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified with the listing agent. This is a key feature that adds significant functional space.
3. The assessed value is notably lower than the recent sale price. Why?
The 2024 sale price of $58.50k is above the $50.50k assessed value. This is common, as assessed values for tax purposes often lag behind dynamic market prices, especially in active neighbourhoods. The sale price is a more current indicator of its market worth.
4. Is the lot size typical for the street?
Yes, exceptionally so. The lot ranks better than 98% of others on Cherrywood Road, meaning it is one of the largest on the street. This is a distinct advantage for privacy, outdoor activities, or future expansion.
5. How does this home fit within the broader Bridgwater Trails community?
It sits in a newer pocket (2019) of the community. While the interior space is modest for the area, it ranks very well for lot size and newer construction year within Winnipeg overall. It represents an entry point into a modern neighbourhood known for its amenities and planned feel.
