287 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

79.7

Good

Overall 79.7 · Smaller but newer than most nearby homes

1,427 sqft (bottom 12%) · Built in 2020 (1 yr newer than avg)

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

Below average

23% smaller 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

79.7 is composed by the two sections below.

Property Score

77.8Good
Living Area1,427 sqft75Good
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

around average
1,427 sqft
0255075100
Same streetBottom 8%Same areaBottom 12%CitywideTop 34%
Same street · Cherrywood Road
#150 / 163
Bottom 8% · Avg 1,895 sqft
Same area · Bridgwater Trails
#1,133 / 1,282
Bottom 12% · Avg 1,849 sqft
Citywide · Winnipeg
#66,748 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
501k
0255075100
Same streetBottom 29%Same areaBottom 39%CitywideTop 20%
Same street · Cherrywood Road
#116 / 163
Bottom 29% · Avg 558.6k
Same area · Bridgwater Trails
#784 / 1,282
Bottom 39% · Avg 596.2k
Citywide · Winnipeg
#38,104 / 194,458
Top 20% · 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

287 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 295 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 9/2020CA$400k–450k
Sold price

Same street

Bottom 13%

Same area

Bottom 28%

City-wide

Top 30%

Related homes

Highlights & common questions: 287 Cherrywood Road, Winnipeg

Property Overview: 287 Cherrywood Road, Bridgwater Trails

Key Characteristics & Appeal

This is a modern, one-storey home built in 2020, situated on a generous 4,667 sqft lot in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of contemporary construction and low-maintenance living. The home is notably newer than most in Winnipeg (ranking in the top 3%), offering modern building standards and systems without the need for immediate updates. It features an attached garage and a full, unrenovated basement, presenting a clean canvas for future expansion.

The property suits first-time buyers or downsizers seeking a manageable, single-level layout in a well-regarded community. Its strong value retention is evidenced by a significant increase from its 2020 sale price to its current assessment. A thoughtful perspective is that while the living area is modest compared to some neighbours, this is offset by the premium of a newer build and a larger-than-average lot, providing valuable outdoor space and future potential. It’s a practical choice for those prioritizing a modern, move-in-ready home with the long-term option to customize the basement.

Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The assessed value has risen steadily and is competitive, ranking higher than most homes in Winnipeg. Given its newer age and lot size, it represents a solid entry point into a desirable area.

2. What does the "unrenovated basement" mean?
The basement is finished but in its original state from 2020. It’s functional and clean, but hasn’t been upgraded. This is often seen as a positive, allowing the next owner to personalize the space to their taste without needing to demolish old renovations.

3. Who would this home not be ideal for?
It may not suit buyers needing extensive square footage on the main floor or those looking for a fully updated, turn-key property with a finished basement. It's better suited for those who value newer construction over maximum interior size.

4. How does the lot size compare?
At 4,667 sqft, the lot is a key asset, larger than over half the lots on the street. This provides above-average outdoor space for the area, which is appealing for gardening, recreation, or future additions.

5. What is the community like?
Bridgwater Trails is a master-planned, family-oriented neighbourhood with pathways and parks. This home’s location on a quiet street, with very similar neighbouring houses, offers a consistent and established community feel.

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