308 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

85.8

Excellent

Overall 85.8 · Compared with neighbourhood average

1,916 sqft (top 38%) · Built in 2018 (1 yr older than avg)

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

Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Near average

4% 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

85.8 is composed by the two sections below.

Property Score

88.0Excellent
Living Area92
1,916 sqftExcellent
Year Built97
2018Excellent
Lot Size60
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

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
1,916 sqft
0255075100
Same streetTop 45%Same areaTop 38%CitywideTop 13%
Same street · Cherrywood Road
#73 / 163
Top 45% · Avg 1,895 sqft
Same area · Bridgwater Trails
#481 / 1,282
Top 38% · Avg 1,849 sqft
Citywide · Winnipeg
#25,289 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
559k
0255075100
Same streetTop 47%Same areaTop 42%CitywideTop 12%
Same street · Cherrywood Road
#77 / 163
Top 47% · Avg 558.6k
Same area · Bridgwater Trails
#534 / 1,282
Top 42% · Avg 596.2k
Citywide · Winnipeg
#22,621 / 194,458
Top 12% · 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

308 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 361 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 7/2021CA$650k–700k
Sold price

Same street

Top 16%

Same area

Top 16%

City-wide

Top 4%
Sold 7/2019CA$500k–550k
Sold price

Same street

Top 46%

Same area

Top 35%

City-wide

Top 13%

Related homes

Highlights & common questions: 308 Cherrywood Road, Winnipeg

Property Overview: 308 Cherrywood Road, Bridgwater Trails

Section 1: Key Characteristics & Appeal

This well-situated two-storey home in Bridgwater Trails offers a balanced, modern living package. Built in 2018, it provides the benefits of a relatively new construction without the premium of a brand-new build. The home features a functional 1,916 sqft layout, an attached garage, and a full (though unrenovated) basement offering potential for future customization.

Its primary appeal lies in its strong value positioning within a desirable newer community. The data indicates it outperforms most of Winnipeg in key metrics like living space, assessed value, and year built, suggesting a quality home for the price point. A standout detail is its 2021 sale price, which ranked in the top 10% for its street and top 4% city-wide for that period, hinting at a history of solid value retention in its micro-market.

This property would suit practical, value-conscious buyers—perhaps young families or professionals—seeking a move-in ready home in a modern neighbourhood. It’s ideal for those who appreciate a home with a recent build date for peace of mind on major systems, but who may also see the unfinished basement as a blank canvas rather than a drawback. The strong historical sales data might also attract buyers with an eye for long-term stability over speculative gains.

Section 2: Frequently Asked Questions

1. Is the basement finished?
No, the basement is not renovated. This presents an opportunity for future expansion and customization to suit your needs, but would require an investment to finish.

2. How does this home compare to others in the area?
The home ranks above average on its street and in Bridgwater Trails for living area and lot size. Its 2018 build date is newer than approximately 95% of homes in Winnipeg, a significant advantage.

3. What does the sold price history indicate?
The home sold for $67,000 in 2021, a price that was exceptionally high relative to both the neighbourhood and the entire city at that time. This suggests the property has previously been perceived as a premium offering on its street.

4. What is the community like?
Bridgwater Trails is a modern, master-planned community in Winnipeg. It typically features newer homes, parks, and walking paths, appealing to those seeking a contemporary suburban lifestyle.

5. Are the property taxes based on the assessed value?
The city's assessed value is $55,900k. Property taxes would be calculated using this assessment and the current municipal tax rate. It's advisable to confirm the exact annual tax amount.