292 Cherrywood Road

Bridgwater Trails, ਵਿਨੀਪਿਗ

Property score

86.5

Excellent

Overall 86.5 · Compared with neighbourhood average

2,022 sqft (top 31%) · Built in 2018 (1 yr older 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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

9% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

1 yrs older 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

86.5 is composed by the two sections below.

Property Score

89.2Excellent
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ94
2,022 sqftExcellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ97
2018Excellent
ਜ਼ਮੀਨ60
4,667 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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Bridgwater Trails

How to read: Share of sales in each ~$50k price band for “bridgwater trails” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
2,022 sqft
0255075100
Same streetਟਾਪ 39%Same areaਟਾਪ 31%Citywideਟਾਪ 10%
Same street · Cherrywood Road
#63 / 163
ਟਾਪ 39% · ਔਸਤ 1,895 sqft
Same area · Bridgwater Trails
#395 / 1,282
ਟਾਪ 31% · ਔਸਤ 1,849 sqft
Citywide · ਵਿਨੀਪਿਗ
#20,115 / 194,458
ਟਾਪ 10% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
571k
0255075100
Same streetਟਾਪ 39%Same areaਟਾਪ 38%Citywideਟਾਪ 10%
Same street · Cherrywood Road
#64 / 163
ਟਾਪ 39% · ਔਸਤ 558.6k
Same area · Bridgwater Trails
#485 / 1,282
ਟਾਪ 38% · ਔਸਤ 596.2k
Citywide · ਵਿਨੀਪਿਗ
#20,091 / 194,458
ਟਾਪ 10% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2018
0255075100
Same streetਟਾਪ 45%Same areaਹੇਠਲੇ 47%Citywideਟਾਪ 4%

ਜ਼ਮੀਨ

ਔਸਤ
4,667 sqft
0255075100
Same streetਟਾਪ 45%Same areaਹੇਠਲੇ 49%Citywideਹੇਠਲੇ 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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

292 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 349 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

7/2019 ਵਿਚ ਵਿਕਿਆCA$550k–600k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 28%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 22%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 8%

Related homes

ਵਿਨੀਪਿਗ 292 Cherrywood Road — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 292 Cherrywood Road, Bridgwater Trails

Section 1: Key Characteristics & Appeal

This well-maintained two-storey home, built in 2018, offers modern living in the popular Bridgwater Trails community. Its key appeal lies in a balance of relative newness, above-average space, and a solid value position within the wider Winnipeg market. With 2,022 sqft of living area on a 4,667 sqft lot, it provides ample room for a growing or established household. The home ranks notably high city-wide for its newer age (top 5%), living area (top 9%), and assessed value (top 9%), suggesting it is a comparatively modern and spacious property for its price bracket in Winnipeg. However, within its immediate street and neighbourhood, its rankings are more average, indicating it fits comfortably within the local context without standing out as exceptionally large or small.

The property would suit buyers looking for a move-in ready home from the last decade, who prioritize low-maintenance living and community amenities. It’s particularly fitting for those who value a modern build’s efficiencies but don’t require a brand-new project. The unrenovated basement presents a clear opportunity for future customization to add value and space, making it a sensible choice for buyers with a medium-term view who can tailor the home to their needs over time.

Section 2: Frequently Asked Questions

1. Is the basement finished?
No, the basement is not renovated. This provides a blank canvas for future expansion, allowing you to finish it according to your own taste and budget.

2. How does this home compare to others in Bridgwater Trails?
The home is very typical for the area in terms of its age and lot size, ranking near the middle of the pack. Its living space is somewhat above average for the neighbourhood, offering a bit more interior room than many comparable properties.

3. What does the assessed value ranking mean?
The assessed value of $57,100k places this home in the top 9% of all Winnipeg properties, meaning it is valued higher than most in the city. This often correlates with newer builds and desirable locations. In its own neighbourhood, it ranks in the top 38%, indicating it’s a solidly mid-to-upper range property locally.

4. The home sold in 2019. What might that indicate?
It suggests the current sellers are likely the first owners after the build, offering a clear chain of ownership. Understanding why they are moving after roughly five years could provide useful context during the buying process.

5. Are the nearby comparison properties similar?
The listed nearby properties are direct neighbours, useful for gauging street appeal and density. The "similar assessed value" properties are located in entirely different neighbourhoods across Winnipeg, which highlights how this home’s official valuation compares to a diverse set of properties city-wide, not necessarily similar homes in style or location.