263 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

87.2

Excellent

Overall 87.2 · Larger and newer than most nearby homes

2,256 sqft (top 18%) · Built in 2020 (1 yr newer than avg)

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

Transit 66.0 · 8-min walk to transit with 4 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

22% 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)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

87.2 is composed by the two sections below.

Property Score

90.4Excellent
Living Area2,256 sqft96Excellent
Year Built202097Excellent
Lot Size4,667 sqft60Fair
Neighbourhood Sales Activity89Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

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
2,256 sqft
0255075100
Same streetTop 20%Same areaTop 18%CitywideTop 6%
Same street · Cherrywood Road
#32 / 163
Top 20% · Avg 1,895 sqft
Same area · Bridgwater Trails
#232 / 1,282
Top 18% · Avg 1,849 sqft
Citywide · Winnipeg
#10,935 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
605k
0255075100
Same streetTop 30%Same areaTop 30%CitywideTop 8%
Same street · Cherrywood Road
#49 / 163
Top 30% · Avg 558.6k
Same area · Bridgwater Trails
#388 / 1,282
Top 30% · Avg 596.2k
Citywide · Winnipeg
#14,729 / 194,458
Top 8% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 17%Same areaTop 21%CitywideTop 3%

Lot Size

around average
4,667 sqft
0255075100
Same streetTop 45%Same areaBottom 49%CitywideBottom 37%

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

263 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 294 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 5/2023CA$650k–700k
Sold price

Same street

Top 18%

Same area

Top 16%

City-wide

Top 4%
Sold 9/2020CA$450k–500k
Sold price

Same street

Bottom 30%

Same area

Bottom 47%

City-wide

Top 18%

Related homes

Highlights & common questions: 263 Cherrywood Road, Winnipeg

Property Overview

263 Cherrywood Road is a modern two-storey home in the Bridgwater Trails neighbourhood, built in 2020. Its primary appeal lies in its balance of contemporary construction and strong value metrics within a popular community. The home features an attached garage, a full (but unrenovated) basement, and sits on a 4,667 sqft lot.

The property’s standout characteristic is its consistent ranking above average in key comparisons. It scores particularly high for its living area size (top 20% on its street, top 5% in Winnipeg) and newness (top 17% on its street, top 3% in Winnipeg). The 2023 sale price of $66.50k was notably higher than its 2020 purchase price, indicating solid appreciation in its first few years. This combination of a modern build, spacious interior, and demonstrated value growth makes it a practical and appealing choice.

This home would suit buyers looking for a move-in ready, low-maintenance property from the current decade without paying a premium for a brand-new build. It’s ideal for growing families or professionals who prioritize space and modern infrastructure, and who find value in a home with a clear, positive price history in a well-regarded master-planned community.


Frequently Asked Questions

What does the "rank" data actually mean?
The percentile rankings (e.g., "Top 20%") show how this property compares to others in a specific geographic group. For example, its living area is larger than 80% of homes on its own street, making it a relatively spacious home in its immediate area.

The assessed value is lower than the last sale price. Is that a concern?
Not necessarily. Municipal assessed values for taxation often lag behind current market values. The fact that it sold for $66.50k in 2023, above its $60.50k assessment, is common and may reflect market conditions at the time of that sale.

The basement is noted as "not renovated." What should I expect?
This typically means the basement is unfinished or only partially finished. It presents a blank canvas for future expansion, adding potential value, but would require an additional investment to become livable space.

How significant is the price increase from 2020 to 2023?
The home sold for $48.30k in 2020 and $66.50k in 2023. This represents substantial appreciation. While past performance doesn't guarantee future results, it suggests the property has held and increased its value well in its early years.

Who might this property not be for?
Buyers seeking a fully finished home with a move-in-ready basement or extensive custom renovations may need to budget for additional work. Similarly, those looking for a historic character home or a very established, mature landscape might prefer an older neighbourhood.

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