3 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

87.9

Excellent

Overall 87.9 · Larger but older than most nearby homes

2,363 sqft (top 14%) · Built in 2016 (3 yrs older than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby

Living Area

Above average

28% larger than neighborhood avg.

Year Built

Below average

3 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

87.9 is composed by the two sections below.

Property Score

91.5Excellent
Living Area2,363 sqft96Excellent
Year Built201697Excellent
Lot Size5,112 sqft67Good
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

Elite
2,363 sqft
0255075100
Same streetTop 12%Same areaTop 14%CitywideTop 4%
Same street · Cherrywood Road
#20 / 163
Top 12% · Avg 1,895 sqft
Same area · Bridgwater Trails
#177 / 1,282
Top 14% · Avg 1,849 sqft
Citywide · Winnipeg
#8,029 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
630k
0255075100
Same streetTop 18%Same areaTop 24%CitywideTop 6%
Same street · Cherrywood Road
#29 / 163
Top 18% · Avg 558.6k
Same area · Bridgwater Trails
#308 / 1,282
Top 24% · Avg 596.2k
Citywide · Winnipeg
#11,977 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 12%Same areaBottom 16%CitywideTop 6%

Lot Size

above average
5,112 sqft
0255075100
Same streetTop 20%Same areaTop 40%CitywideBottom 48%

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

3 Cherrywood Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 299 m).

Search radius
🌳Parks4

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 3/2016CA$450k–500k
Sold price

Same street

Bottom 38%

Same area

Top 47%

City-wide

Top 16%

Related homes

Highlights & common questions: 3 Cherrywood Road, Winnipeg

Property Overview: 3 Cherrywood Road, Bridgwater Trails

Key Characteristics & Appeal

This two-storey home in the popular Bridgwater Trails neighbourhood offers a modern, low-maintenance lifestyle in a highly desirable area. Built in 2016, it sits on a spacious 5,112 sqft lot and features a generous 2,363 sqft of living space, ranking it in the top tier of homes locally for size. Its strong assessed value of $630k reflects its standing, outperforming most homes in Winnipeg. The property includes an attached garage and a full, unfinished basement, presenting a blank canvas for future expansion.

The primary appeal lies in its balance of contemporary construction and established community. While the home itself is modern, the neighbourhood is no longer brand-new, meaning streetscapes are settled and landscaping is mature. It suits buyers looking for a move-in ready family home in a sought-after planned community, who may also value the potential to customize the basement down the line. A thoughtful perspective is its positioning within its immediate street: while the home ranks highly for size and value, it’s among the older 12% of homes on Cherrywood Road. This suggests a well-established streetscape but may appeal to those seeking a relative "value" compared to newer builds on the same block.

Frequently Asked Questions

1. Is the basement developed?
No, the basement is unfinished. This provides a significant opportunity for future customization to suit a buyer’s specific needs, whether for additional living space, a home gym, or storage.

2. How does this home compare to others in Bridgwater Trails?
The home ranks very well within the neighbourhood for living area (top 14%) and assessed value (top 24%). It is, however, newer than only 16% of homes in Bridgwater Trails, meaning it is one of the more established properties in this relatively new community.

3. What is the significance of the lot size?
At over 5,000 sqft, the lot is larger than 80% of those on its street, offering ample outdoor space for gardening, play, or entertaining, which is a notable feature in a modern subdivision.

4. The home was last sold in 2016. What does that mean?
It was purchased new from the builder a decade ago and has had one long-term owner since. This often suggests consistent maintenance and a stable history.

5. How does its value hold up in the wider Winnipeg market?
Its assessed value of $630k places it in the top 6% of all Winnipeg properties, indicating it is considered a premium home in the city-wide market, not just within its neighbourhood.

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