Property score
87.9
Excellent
Overall 87.9 · Larger and newer than most nearby homes
2,254 sqft (top 18%) · 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
Above average
22% larger 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)
1,068
563.8k
$347/sqft
2019
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87.9 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
309 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 313 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 37% | Top 28% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
309 Cherrywood Road is a modern, two-storey home in the popular Bridgwater Trails neighbourhood. Built in 2020, it offers a turnkey lifestyle with a renovated basement and an attached garage, situated on a generous 5,178 sqft lot. Its appeal lies in its balance of contemporary construction, established community, and strong value positioning. The home suits buyers looking for a low-maintenance, newer build in a family-oriented area, who appreciate having recent updates already completed and value data-driven metrics on a property's standing.
Key Characteristics & Ideal Buyer
The home’s primary strength is its modern foundation paired with thoughtful updates. As a 2020 build, major systems and finishes are relatively new, minimizing immediate repair concerns. The renovated basement adds immediate functional space. From an investment perspective, the property ranks highly against its peers: it sits in the top 6% of its street for assessed value, the top 5% in Winnipeg for living space, and the top 3% for the newness of its build. This suggests a premium property within its immediate context.
Its appeal is for pragmatic buyers who weigh both lifestyle and equity. It’s ideal for young families or professionals seeking a move-in-ready home in a planned community, where the "renovated basement" is a solved project. The strong rankings indicate it’s a standout property on its street and in its wider area, which may appeal to those conscious of resale value and neighbourhood stature. It’s less suited for those seeking a fixer-upper, a pool, or an ultra-unique character home.
Frequently Asked Questions
1. What do the "rank" percentages actually mean?
They show how this property compares to others in the area. For example, "Better than 83% in same street" for year built means only 17% of homes on Cherrywood Road are newer. It’s a quick way to gauge if features like lot size or assessed value are above or below average for the location.
2. The assessed value is $67.90k. Is that the market price?
No. In Manitoba, the assessed value is for municipal tax purposes and is typically much lower than market value. The sale price is determined by the current market. The key takeaway is that its assessment ranks in the top 6% on its street, indicating it's considered a higher-value home by the assessor.
3. The home sold in March 2020. Why is that relevant?
That sale was likely the original purchase from the builder, just as the home was completed. This provides a clear baseline for how much the owner's equity has grown from the original price ($56.30k) to the current assessed value, highlighting the property's appreciation in a short time.
4. Is the lot size typical for Bridgwater Trails?
At over 5,000 sqft, the lot is larger than 81% of those on its street. In newer neighbourhoods, lot sizes can vary. This suggests a more spacious yard than many immediate neighbours, which is a notable advantage in a modern subdivision.
5. What is the significance of the "Nearby" and "Similar assessed value" properties listed?
These provide context. "Nearby" shows the density and style of immediate neighbours. "Similar assessed value" properties in other neighbourhoods like Whyte Ridge or Linden Ridge indicate what price range this home is in, allowing for cross-community comparison.
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