296 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Larger than most nearby homes

2,117 sqft (top 26%) · 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

Living Area

Above average

14% larger than neighborhood avg.

Year Built

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
Living Area2,117 sqft94Excellent
Year Built201897Excellent
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
2,117 sqft
0255075100
Same streetTop 30%Same areaTop 26%CitywideTop 8%
Same street · Cherrywood Road
#49 / 163
Top 30% · Avg 1,895 sqft
Same area · Bridgwater Trails
#330 / 1,282
Top 26% · Avg 1,849 sqft
Citywide · Winnipeg
#15,827 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
618k
0255075100
Same streetTop 25%Same areaTop 27%CitywideTop 7%
Same street · Cherrywood Road
#40 / 163
Top 25% · Avg 558.6k
Same area · Bridgwater Trails
#341 / 1,282
Top 27% · Avg 596.2k
Citywide · Winnipeg
#13,189 / 194,458
Top 7% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 45%Same areaBottom 47%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

296 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 351 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 4/2023CA$700k–750k
Sold price

Same street

Top 10%

Same area

Top 13%

City-wide

Top 3%
Sold 9/2019CA$550k–600k
Sold price

Same street

Top 38%

Same area

Top 28%

City-wide

Top 10%

Related homes

Highlights & common questions: 296 Cherrywood Road, Winnipeg

Property Overview: 296 Cherrywood Road, Bridgwater Trails

Key Features & Ideal Buyer

This well-presented two-storey home in the popular Bridgwater Trails community offers a balanced, modern living package. Built in 2018, its key characteristics include a renovated basement, an attached garage, and a generous 2,117 sqft of living space on a 4,667 sqft lot. The home’s appeal lies in its strong positional metrics: it ranks within the top 30% of its street for living area and has a recent (2023) sale price that places it in the top 6% locally, suggesting it is a well-regarded property in a desirable location. Its assessed value and living area also rank within the top 10% citywide, indicating a solid investment in Winnipeg’s newer suburban landscape.

This property would suit growing families or professionals seeking a move-in ready home in a modern neighbourhood without the wait of new construction. It’s particularly appealing for value-conscious buyers who appreciate data-driven reassurance; the home consistently performs above neighbourhood averages in size, value, and recent sale price. A less obvious angle is its potential for buyers who prioritize community stability—the 2023 sale suggests a short ownership period, but the strong value retention from its 2019 purchase indicates the area holds its worth well.


Frequently Asked Questions

1. How does this home compare to others in Bridgwater Trails?
The data shows this home ranks better than approximately 74% of neighbourhood properties for living area and 73% for assessed value, placing it comfortably above average in size and official valuation within the community.

2. What does the sale history indicate?
The home sold for $70.50k in April 2023, a significant increase from its $56.30k sale in September 2019. This history demonstrates strong appreciation, with the most recent sale price ranking in the top 15% of the neighbourhood.

3. Is the basement finished?
Yes, the listing specifies the basement has been renovated.

4. How does the lot size compare?
At 4,667 sqft, the land area is larger than 55% of lots on the same street, offering a bit more outdoor space than many of its immediate neighbours.

5. What is the significance of the "For Reference" property listed at 375 Willow Creek Road?
This appears to be a comparable nearby property, likely provided for context. It has a similar build year (2018) and living area, but a slightly higher assessed value, helping to benchmark this listing’s market position.

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