283 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Larger than most nearby homes

2,051 sqft (top 29%) · Built in 2019

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

Transit 76.0 · 8-min walk to transit with 4 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

11% 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

86.5 is composed by the two sections below.

Property Score

89.2Excellent
Living Area2,051 sqft94Excellent
Year Built201997Excellent
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
2,051 sqft
0255075100
Same streetTop 36%Same areaTop 29%CitywideTop 10%
Same street · Cherrywood Road
#58 / 163
Top 36% · Avg 1,895 sqft
Same area · Bridgwater Trails
#371 / 1,282
Top 29% · Avg 1,849 sqft
Citywide · Winnipeg
#18,760 / 194,458
Top 10% · Avg 1,342 sqft

Tax-Assessed Value

above average
583k
0255075100
Same streetTop 35%Same areaTop 35%CitywideTop 9%
Same street · Cherrywood Road
#57 / 163
Top 35% · Avg 558.6k
Same area · Bridgwater Trails
#445 / 1,282
Top 35% · Avg 596.2k
Citywide · Winnipeg
#17,988 / 194,458
Top 9% · Avg 390.1k

Year Built

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

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

283 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 293 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 10/2019CA$450k–500k
Sold price

Same street

Bottom 34%

Same area

Top 48%

City-wide

Top 17%

Related homes

Highlights & common questions: 283 Cherrywood Road, Winnipeg

Property Overview: 283 Cherrywood Road, Bridgwater Trails

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2019, offers modern living in the popular Bridgwater Trails community. Its key appeal lies in a balance of newer construction and established neighbourhood living. With 2,051 sqft of living space and a 4,667 sqft lot, it provides ample room for a growing or established family. The home features an attached garage and a basement (unrenovated, offering a blank canvas).

The property’s strength is its relative newness within a wider city context—it’s newer than 96% of Winnipeg homes. Its living area and assessed value also rank within the top 10-15% citywide, suggesting above-average space and municipal valuation for the price point. However, the rankings indicate it sits in the middle of its immediate street and neighbourhood for many metrics, positioning it as a solid, typical home for the area rather than a standout.

This home would suit buyers looking for a move-in ready, modern property without the wait and uncertainties of new construction. It’s ideal for those who want a low-maintenance exterior and the efficient layouts of a late-2010s build. The unrenovated basement is a notable feature for buyers who view customization as a plus, allowing them to finish the space to their own taste and potentially add value.

Section 2: Frequently Asked Questions

1. How does this home compare to others on Cherrywood Road?
Based on available data, this home ranks around the middle to upper-middle for size, year built, and assessed value on its own street. It’s a newer and slightly larger-than-average home for the block.

2. What does the "Sold" history from 2019 tell us?
The home sold for $49,600 in October 2019, shortly after being built. The current assessed value is higher, which reflects typical market appreciation and municipal assessment changes over five years. This history shows it is a one-owner, relatively new home.

3. Is the unrenovated basement a drawback?
This depends on the buyer. It’s not a finished living space, so it requires additional investment to utilize fully. However, it presents an opportunity to create exactly the space you need (e.g., a rec room, home gym, or suite) without needing to undo someone else’s work.

4. How does Bridgwater Trails rank as a neighbourhood?
The data shows this property ranks near the median (top 51%) within Bridgwater Trails for lot size, suggesting it’s on a standard lot for this modern community. The neighbourhood itself is consistently newer than most of Winnipeg.

5. What are the utility costs likely to be for a 2019-built home?
While specific costs aren’t listed, a home built in 2019 will typically have modern, energy-efficient building codes, windows, and appliances. Buyers should budget for standard utilities but can generally expect better efficiency than an older home.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.