280 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

87.2

Excellent

Overall 87.2 · Larger than most nearby homes

2,255 sqft (top 18%) · Built in 2019

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

Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

22% larger than neighborhood avg.

Year Built

Near average

0 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 Area96
2,255 sqftExcellent
Year Built97
2019Excellent
Lot Size60
4,690 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
2,255 sqft
0255075100
Same streetTop 20%Same areaTop 18%CitywideTop 6%
Same street · Cherrywood Road
#33 / 163
Top 20% · Avg 1,895 sqft
Same area · Bridgwater Trails
#233 / 1,282
Top 18% · Avg 1,849 sqft
Citywide · Winnipeg
#10,967 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
625k
0255075100
Same streetTop 20%Same areaTop 25%CitywideTop 6%
Same street · Cherrywood Road
#32 / 163
Top 20% · Avg 558.6k
Same area · Bridgwater Trails
#316 / 1,282
Top 25% · Avg 596.2k
Citywide · Winnipeg
#12,422 / 194,458
Top 6% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 33%Same areaTop 35%CitywideTop 4%

Lot Size

around average
4,690 sqft
0255075100
Same streetTop 44%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

280 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 344 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 10/2021CA$650k–700k
Sold price

Same street

Top 14%

Same area

Top 15%

City-wide

Top 4%
Sold 11/2019CA$450k–500k
Sold price

Same street

Bottom 35%

Same area

Top 48%

City-wide

Top 16%

Related homes

Highlights & common questions: 280 Cherrywood Road, Winnipeg

Property Overview: 280 Cherrywood Road, Bridgwater Trails

Key Characteristics & Appeal

This two-storey home, built in 2019, offers modern living in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in being a relatively new, low-maintenance property with strong statistical rankings for its size and value within its immediate area. With 2,255 sqft of living space and an attached garage, it suits growing families or professionals seeking a turnkey home in a developed community.

The data suggests a compelling value proposition. The home ranks in the top 20% on its street for living area and assessed value, indicating it's a larger, well-appraised property compared to many neighbours. Its 2019 build date means it's newer than approximately 96% of homes in Winnipeg, offering contemporary building standards and minimal immediate repair concerns. The unrenovated basement presents a clean canvas for future customization.

This property would best suit pragmatic buyers who value modern efficiency and community amenities over historic character. It's ideal for those who appreciate quantifiable metrics—seeing that the home outperforms most peers in size and value can provide confidence. It may also attract buyers looking for a "blank slate" in the basement to tailor to their specific needs, avoiding the cost of undoing someone else's renovations.


Frequently Asked Questions

1. What is the neighbourhood like?
Bridgwater Trails is a master-planned, family-oriented community in Winnipeg. It features extensive pathways, parks, and nearby shopping plazas. The high density of homes built in the last decade suggests a community of similar-aged families.

2. Why is the current assessed value different from the last sale price?
The home sold for $67.5k in 2021. The current assessed value is $62.50k. It's important to note that municipal assessed value for taxation purposes is not the same as market value and can be influenced by different formulas and timing.

3. What does "basement, not renovated" imply?
It indicates the basement is finished to a basic, functional standard but lacks upgraded finishes or customizations. This can be a positive for buyers who want to design the space themselves without first demolishing an existing renovation.

4. How does this home compare to others on the street?
The data shows it ranks highly for size, value, and newness on Cherrywood Road. It has more living space than 80% of street neighbours and is newer than 67% of them, suggesting it's one of the larger and more modern homes on the block.

5. What are the utility costs for a home of this age and size?
While specific costs aren't listed, a 2019 build typically means modern, energy-efficient windows, insulation, and HVAC systems. Prospective buyers should request historical utility bills from the seller for the most accurate estimate.