Property Overview: 253 Cherrywood Road, Bridgwater Trails, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This modern two-storey home, built in 2021, offers a turnkey lifestyle in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its combination of new construction benefits and above-average space. With 2,530 sqft of living area, it ranks in the top 4% of homes on its street for size, providing ample room for family life. The attached garage and full (though unrenovated) basement add practical utility and future potential.

The home’s value proposition is strengthened by its strong standing in key metrics. It ranks better than 90-98% of comparable homes in the neighbourhood and city for both its newness and living area, suggesting a well-positioned property relative to the market. While the lot is a standard suburban size, the home itself is spacious and modern, ideal for those seeking a low-maintenance property without the immediate concerns of an older build.

This property would best suit a growing family or professional couple looking for a move-in ready home in a master-planned community. It appeals to buyers who prioritize modern construction, efficient use of space, and a neighbourhood with newer amenities. The unrenovated basement presents a clear opportunity for a buyer to add value and customize the home to their needs over time.

Frequently Asked Questions

1. How does this home compare to others in Bridgwater Trails?
The data shows this home excels in size and age. Its living area is larger than 92% of neighbourhood homes, and it’s newer than 90% of them. This suggests you’re getting a more contemporary and spacious property compared to many options in the area.

2. The assessed value is $63.30k, but what did it last sell for?
It sold in July 2021 for $55.50k. The increase in assessed value since then reflects market movements and the property’s desirable characteristics. It’s important to note that assessed value is for taxation purposes and a professional market valuation will determine current listing and sale price.

3. What does “Basement: Yes, not renovated” mean?
It confirms the home has a full basement that is unfinished or in its original builder state. This is a common feature in newer homes, offering blank-canvas space for future development as a rec room, home office, or additional bedrooms, subject to permits.

4. Is the lot size typical for the area?
At 4,667 sqft, the lot is a standard suburban parcel for this community. The data indicates it’s better than 55% of lots on the street for size, meaning it’s comfortably mid-range, not exceptionally large or small for Cherrywood Road.

5. What are the implications of the high rankings for year built and living area?
These high percentiles (Top 10% or better in the neighbourhood) are significant. They indicate a property that likely has modern building materials, systems, and efficiencies, coupled with more interior space than most nearby homes. This can be a strong factor for both livability and long-term value retention.