317 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Larger than most nearby homes

2,362 sqft (top 14%) · Built in 2018 (1 yr older than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

28% 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

89.2 is composed by the two sections below.

Property Score

93.6Excellent
Living Area2,362 sqft96Excellent
Year Built201897Excellent
Lot Size6,131 sqft81Excellent
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
2,362 sqft
0255075100
Same streetTop 13%Same areaTop 14%CitywideTop 4%
Same street · Cherrywood Road
#21 / 163
Top 13% · Avg 1,895 sqft
Same area · Bridgwater Trails
#179 / 1,282
Top 14% · Avg 1,849 sqft
Citywide · Winnipeg
#8,051 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
667k
0255075100
Same streetTop 8%Same areaTop 19%CitywideTop 5%
Same street · Cherrywood Road
#13 / 163
Top 8% · Avg 558.6k
Same area · Bridgwater Trails
#238 / 1,282
Top 19% · Avg 596.2k
Citywide · Winnipeg
#9,258 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 45%Same areaBottom 47%CitywideTop 4%

Lot Size

above average
6,131 sqft
0255075100
Same streetTop 7%Same areaTop 21%CitywideTop 28%

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

317 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 318 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 11/2019CA$550k–600k
Sold price

Same street

Top 36%

Same area

Top 27%

City-wide

Top 10%

Related homes

Highlights & common questions: 317 Cherrywood Road, Winnipeg

Property Summary: 317 Cherrywood Road, Bridgwater Trails

Section 1: Overview & Appeal

This modern two-storey home, built in 2018, presents a compelling opportunity in Winnipeg's Bridgwater Trails community. Its key characteristics include a generous 2,362 sqft of living space, a renovated basement, an attached garage, and a sizable 6,131 sqft lot.

The appeal lies in its strong, balanced positioning. The home ranks in the top tiers for both size and value within its immediate street and the broader city, suggesting a well-proportioned property in a desirable location. It’s a relatively new build that avoids the premium of a brand-new construction, offering modern amenities without initial development phases. The renovated basement adds immediate functional space.

This property would suit growing families or professionals seeking a move-in ready, contemporary home in a planned neighbourhood. It’s ideal for buyers who value space and modern finishes, but are also mindful of value—appreciating a home that scores highly on key metrics like living area and assessed value compared to most of Winnipeg. The data suggests it’s a solid, above-average offering in its category rather than a niche or luxury listing.


Section 2: Frequently Asked Questions

1. How does the assessed value compare to the likely asking price?
The current assessed value is $66.70k, which is a municipal valuation for tax purposes. It historically sells above this figure, as shown by its last sale at $56.60k in 2019. Market conditions and home improvements since then will determine the list price.

2. Is the lot size typical for the area?
Yes, and it’s a standout feature. At over 6,000 sqft, the land area is larger than 93% of lots on Cherrywood Road, offering more outdoor space than most neighbours.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent regarding rooms, ceiling height, and permits.

4. How does this 2018 build compare to newer homes nearby?
While newer builds exist (like the referenced 2022 build nearby), this 2018 home benefits from established landscaping and any initial "newness" kinks likely resolved. It ranks newer than 95% of Winnipeg homes, balancing modern construction with a settled-in feel.

5. The home sold in 2019. What might this indicate?
The 2019 sale suggests a motivated seller at that time, possibly a builder or first owner. The current owners have held it for about 5 years, which is a typical timeframe, indicating a standard life-cycle move rather than a rapid flip.

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