244 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

82.0

Excellent

Overall 82.0 · Compared with neighbourhood average

1,634 sqft (bottom 41%) · Built in 2017 (2 yrs older than avg)

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

Near average

12% 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)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

82.0 is composed by the two sections below.

Property Score

81.6Excellent
Living Area83
1,634 sqftExcellent
Year Built97
2017Excellent
Lot Size53
4,000 sqftFair
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
1,634 sqft
0255075100
Same streetBottom 28%Same areaBottom 41%CitywideTop 24%
Same street · Cherrywood Road
#117 / 163
Bottom 28% · Avg 1,895 sqft
Same area · Bridgwater Trails
#761 / 1,282
Bottom 41% · Avg 1,849 sqft
Citywide · Winnipeg
#46,011 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
507k
0255075100
Same streetBottom 31%Same areaBottom 41%CitywideTop 19%
Same street · Cherrywood Road
#113 / 163
Bottom 31% · Avg 558.6k
Same area · Bridgwater Trails
#754 / 1,282
Bottom 41% · Avg 596.2k
Citywide · Winnipeg
#36,270 / 194,458
Top 19% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetBottom 34%Same areaBottom 31%CitywideTop 5%

Lot Size

around average
4,000 sqft
0255075100
Same streetBottom 18%Same areaBottom 30%CitywideBottom 26%

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

244 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 354 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 9/2019CA$450k–500k
Sold price

Same street

Bottom 21%

Same area

Bottom 37%

City-wide

Top 23%

Related homes

Highlights & common questions: 244 Cherrywood Road, Winnipeg

Property Overview

244 Cherrywood Road is a modern two-storey home in the Bridgwater Trails neighbourhood, built in 2017. Its key appeal lies in its balance of contemporary living with established community roots. The home features a renovated basement and a detached garage on a 4,000 sqft lot. With 1,634 sqft of living space, it offers a practical layout for everyday life.

The property’s data reveals a nuanced position. While its lot size and living area rank in the middle-to-upper tiers within its immediate street and neighbourhood, it stands out city-wide for its newer age (newer than 94% of Winnipeg) and above-average assessed value. This suggests a well-maintained home in a desirable, modern community. The last known sale was in 2019 for $450,000.

This home would suit first-time buyers or young families looking for a move-in ready property in a planned community, without the premium of a brand-new build. It also appeals to value-conscious buyers who prioritize a modern building foundation and the potential of a already-renovated basement over having the largest floor plan on the block.


Frequently Asked Questions

1. How does the property’s value compare to the neighbourhood?
The home’s assessed value is higher than 41% of properties in Bridgwater Trails, placing it in the top 59%. This indicates it is valued above the neighbourhood median, likely reflecting its renovated condition and modern build year relative to the area's average.

2. What does the "rank by area" data mean for the lot size?
The 4,000 sqft lot is larger than 18% of lots on Cherrywood Road, meaning lots on this street vary, with many being larger. However, compared to all of Winnipeg, this lot size is very competitive, offering good outdoor space for an urban property.

3. The home sold in 2019 for $450k. How is the current assessed value determined?
The assessed value ($50.70k) is for municipal tax purposes and is not a market valuation. Market value is influenced by recent sales, condition, and market trends. The significant difference from the 2019 sale price is due to this being a tax assessment, not an appraisal.

4. Who might this property not suit?
Buyers seeking a premier lot size on their street or the absolute newest construction (2020+) may find more suitable options nearby. The data suggests there are larger and newer lots in the immediate area, though often at a different price point.

5. What is the significance of the building age ranking so high city-wide?
Being newer than 94% of Winnipeg homes is a major advantage. It implies newer construction standards, less immediate need for major system updates (roof, HVAC), and potentially better energy efficiency compared to much of the city's housing stock.