Property Summary: 312 Cherrywood Road, Bridgwater Trails

Section 1: Overview & Appeal

This two-storey home in the popular Bridgwater Trails neighbourhood offers a compelling blend of modern living and established community appeal. Built in 2018, it strikes a balance between being relatively new—avoiding the immediate concerns of an older home—while being settled into a maturing area.

Its key characteristics include a generous 2,371 sqft of living space, which is notably larger than most homes on its street and within the wider neighbourhood. The property sits on a good-sized 4,687 sqft lot and features an attached garage. A full, unrenovated basement presents a clear opportunity for future customization.

The primary appeal lies in its strong value positioning within a desirable, newer suburb. The home ranks highly for its size and assessed value compared to most of Winnipeg, suggesting you get more space for your investment here than in many other city areas. It’s particularly well-suited for growing families or professionals seeking a modern, low-maintenance home in a community with developed amenities. The data indicates it offers a "sweet spot": more established than a brand-new build, but modern enough to avoid major near-term updates, appealing to buyers who want move-in readiness with the potential to add personal value down the line.

Section 2: Frequently Asked Questions

1. How does the 2018 build year affect this home?
A 2018 build means major components like the roof, HVAC, and appliances are likely still within or just beyond their original warranty periods, offering peace of mind. However, it’s also the age where initial builder-grade finishes might show early wear, so a thorough inspection is wise.

2. The assessed value is $61.60k, but it last sold for $54.90k in 2019. What does this mean?
The assessed value is for municipal tax purposes and is not a market valuation. The 2019 sale price reflects the market at that time. The current market value will be determined by recent comparable sales, condition, and buyer demand.

3. The basement is noted as "not renovated." What should I consider?
This means the basement is unfinished or partially finished in a basic state. While it adds flexible space for storage or future development, any renovation will be an additional project and cost. View this as a blank canvas to add significant value and tailored living space.

4. The home ranks "Better than 37% in Winnipeg" for land area but "Better than 96%" for living area. Why the difference?
This highlights the property’s efficiency: it offers above-average interior living space on a more typically sized suburban lot. This is ideal for those prioritizing indoor square footage over extensive yard maintenance.

5. What is the significance of the provided comparable properties (like 375 Willow Creek Rd)?
These listings are context tools, not direct equivalents. They show other available options in the area with different mixes of features, age, and price. For example, while 312 Cherrywood has more living space, the comparables might have a higher assessment or be newer, helping you weigh what factors are most important to you.