Property Overview: 267 Cherrywood Road, Bridgwater Trails, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2021, offers modern living in the popular Bridgwater Trails neighbourhood. Its key characteristics include a renovated basement, an attached garage, and a well-sized 2,023 sqft living area on a 4,667 sqft lot. The home’s primary appeal lies in its balance of being relatively new—avoiding the immediate needs of an older home—while already having the basement finished to a high standard, adding immediate functional space.

The property’s value proposition is underscored by its rankings against local comparables. It stands out for its newness (newer than 94% of homes on its street) and above-average living space for Winnipeg (ranking in the top 9% citywide). While the lot size is more typical for the area, the home itself offers generous interior space. It would suit first-time move-up buyers seeking a modern, low-maintenance property in a family-oriented community, as well as practical buyers who appreciate a home that’s been partially updated (the basement) and won’t require major foundational repairs for years. A thoughtful perspective is that this home offers a "sweet spot" in its lifecycle: major components are still under warranty or like-new, yet it’s not a brand-new build where you might face initial landscaping or finishing costs.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The current assessed value is a municipal valuation for tax purposes and is not a direct indicator of market price. It can, however, be a useful benchmark when compared to similar nearby homes, like those listed for reference on the detail page.

2. What does the "renovated basement" entail?
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 through a viewing or direct inquiry with the listing agent.

3. The home sold in 2021; is this a quick flip?
The home was purchased new in March 2021. The decision to sell after approximately five years could be due to many common life changes (family growth, job relocation, etc.) and does not inherently indicate a problem. A pre-purchase inspection is always recommended.

4. How does the lot size compare to the neighbourhood?
At 4,667 sqft, the land area is fairly standard for Bridgwater Trails, ranking near the middle of the pack on its own street. The appeal here is more focused on the modern home and interior space rather than an exceptionally large yard.

5. What are the implications of the home’s various rankings?
These percentile rankings (e.g., top 6% in Winnipeg for year built) are useful for quick comparison. They show this property’s strengths are primarily its new age and generous interior square footage relative to the wider city, making it a competitively sized, contemporary home in a newer community.