Property score
89.9
Excellent
Overall 89.9 · Larger than most nearby homes
2,663 sqft (top 6%) · 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
44% 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)
1,068
563.8k
$347/sqft
2019
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89.9 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
316 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 371 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 26% | Top 21% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 316 Cherrywood Road, Bridgwater Trails
Key Characteristics & Appeal
This modern two-storey home, built in 2018, presents a compelling blend of space, location, and value within Winnipeg’s sought-after Bridgwater Trails community. Its key appeal lies in its generous proportions and established yet fresh condition. With a living area of 2,663 sqft, it ranks in the top 2% of homes on its street and top 6% within the neighbourhood for size, offering ample room for family living. The property sits on a large 6,108 sqft lot and features an attached garage and a renovated basement, adding valuable functional space.
Beyond the specs, the home’s strength is its balanced standing in a desirable, newer development. It’s not the newest build on the block, but it benefits from being past the initial settling phase while still being modern. The assessed value has shown healthy growth since its last sale in 2020, indicating solid market confidence. This property would ideally suit growing families or professionals seeking a move-in ready home in a prime suburban area without the premium of a brand-new construction. It’s for buyers who prioritize space and a strong community ranking over having the absolute latest model year.
Frequently Asked Questions
1. How does the year built (2018) compare to nearby homes?
At 8 years old, this home is newer than 95% of properties across Winnipeg. Within Bridgwater Trails, it’s slightly above the median age, meaning the neighbourhood has both older and newer homes, offering a blend of established landscaping and modern community amenities.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This should be a key point of inquiry to understand the finish quality, layout, and whether it includes legal egress, a bathroom, or a kitchenette.
3. The assessed value is $71.90k. Is that the market price?
No. Assessed value is for municipal tax purposes and is typically significantly lower than market value. The last sale price was $60.60k in 2020, and the current market price would be determined by recent comparable sales and present conditions.
4. How does the lot size impact the property?
At over 6,000 sqft, the lot is larger than 92% on the street. This offers more private outdoor space, potential for gardening or recreation, and generally greater distance from neighbours compared to standard newer subdivision lots.
5. The home sold in 2020. Is that recent turnover a concern?
Not necessarily. A sale four years ago could indicate the previous owners’ life changes rather than a property issue. It’s more important to review the full history and the reasons for the current sale during the buying process.
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