Property Summary: 271 Cherrywood Road, Bridgwater Trails, Winnipeg

Section 1: Overview & Appeal

This is a modern, two-storey home built in 2020, offering a move-in-ready foundation in the popular Bridgwater Trails neighbourhood. Its key characteristics include a functional 1,790 sqft layout, an attached garage, and a full (though unrenovated) basement providing valuable storage or future expansion potential. The lot is a generous 4,667 sqft, larger than over half the properties on its street.

The primary appeal lies in its balance of relative newness and established community. As a 6-year-old home, major systems and finishes are contemporary and likely under warranty, minimizing immediate repair concerns. It sits in a top-tier location within Winnipeg, ranking newer than 97% of homes city-wide. The property is well-suited for first-time buyers, young families, or professionals seeking a low-maintenance, modern home in a planned community without the premium of a brand-new build. It’s also a practical canvas for buyers who appreciate a solid structure but may want to personalize the basement over time.

A less obvious perspective is its value positioning. While its assessed value ranks highly city-wide, its last sold price in 2020 was comparatively low for the street, suggesting potential for equity growth as the home ages within this desirable area. It offers a chance to enter a top-ranked Winnipeg neighbourhood at a point that may balance affordability with modern convenience.

Section 2: Frequently Asked Questions

1. What is the neighbourhood like?
Bridgwater Trails is a master-planned, family-oriented community in Winnipeg’s Waverley West area. It features extensive pathways, parks, and nearby amenities, offering a suburban feel with modern infrastructure.

2. Is the basement finished?
No, the basement is included but is not renovated. It presents a blank canvas for future development to suit a buyer’s needs, adding potential living space or storage.

3. How does this property compare to others nearby?
The home is newer than most in Winnipeg and on its street. Its living space is fairly typical for the area, while its lot size is above average for Cherrywood Road. The provided comparable listings (like 15 Windflower Road) can give a sense of market variation.

4. Why is there a difference between the last sold price and the current assessed value?
The home was purchased new in late 2020. The increase in assessed value since then reflects market changes, the establishment of the community, and standard appreciation for a newer property in a growing area.

5. What are the immediate next steps for a buyer?
Given the modern build, a standard inspection is recommended to verify the condition of systems and construction. Buyers should also review any remaining new-home warranties and consider budgeting for basement development if desired, as it’s the primary area for expansion.