32 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

82.7

Excellent

Overall 82.7 · Older than most nearby homes

1,798 sqft (top 45%) · Built in 2015 (4 yrs 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: 4 parks nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Below average

4 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

82.7 is composed by the two sections below.

Property Score

82.8Excellent
Living Area86
1,798 sqftExcellent
Year Built94
2015Excellent
Lot Size53
4,458 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
1,798 sqft
0255075100
Same streetBottom 44%Same areaTop 45%CitywideTop 17%
Same street · Cherrywood Road
#91 / 163
Bottom 44% · Avg 1,895 sqft
Same area · Bridgwater Trails
#583 / 1,282
Top 45% · Avg 1,849 sqft
Citywide · Winnipeg
#33,563 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
514k
0255075100
Same streetBottom 33%Same areaBottom 44%CitywideTop 18%
Same street · Cherrywood Road
#109 / 163
Bottom 33% · Avg 558.6k
Same area · Bridgwater Trails
#713 / 1,282
Bottom 44% · Avg 596.2k
Citywide · Winnipeg
#34,190 / 194,458
Top 18% · Avg 390.1k

Year Built

above average
2015
0255075100
Same streetBottom 10%Same areaBottom 7%CitywideTop 7%

Lot Size

around average
4,458 sqft
0255075100
Same streetBottom 21%Same areaBottom 42%CitywideBottom 33%

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

32 Cherrywood Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 302 m).

Search radius
🌳Parks4

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 2/2020CA$350k–400k
Sold price

Same street

Bottom 9%

Same area

Bottom 23%

City-wide

Top 34%

Related homes

Highlights & common questions: 32 Cherrywood Road, Winnipeg

Property Overview: 32 Cherrywood Road, Bridgwater Trails

Key Characteristics & Appeal

This two-storey home in Bridgwater Trails offers a practical blend of modern living and established value. Built in 2015, it is a newer home in the Winnipeg context, ranking in the top 8% of the city for its year of construction. The 1,798 sqft living space is comfortably above average for Winnipeg, and the property sits on a generous 4,458 sqft lot. A key feature is the renovated basement, adding valuable finished space. While it lacks a garage, its assessed value has shown significant growth since its last sale in 2020.

The appeal lies in its position within a desirable, relatively new neighbourhood. It suits buyers looking for a modern, low-maintenance home without the premium of a brand-new build. It’s particularly well-matched for first-time buyers or young families who prioritize interior space and a renovated basement over a garage, and for value-conscious purchasers who appreciate a home that has already seen substantial equity growth.

Frequently Asked Questions

1. How does the lack of a garage impact daily life and resale?
While a garage is a common preference for vehicle protection and storage, many homes in newer neighbourhoods utilize driveways and sheds. Buyers should assess their storage needs and consider the potential cost and feasibility of adding a garage later, as the large lot may permit it.

2. The assessed value is much higher than the 2020 sale price. What does this indicate?
This points to significant market appreciation over the past four years. It suggests strong equity building for the seller, but for a buyer, it underscores the importance of a current market evaluation to ensure the listing price aligns with today's conditions, not just the assessed value.

3. The home ranks lower within its own street for metrics like year built and past sale price. Should this be a concern?
This indicates that Cherrywood Road may have a mix of home ages and values. It suggests this property could be one of the earlier builds on the street. The focus should be on the home's condition and the overall neighbourhood appeal, which ranks highly city-wide.

4. What are the advantages of a renovated basement?
A finished basement immediately adds functional living space, which could be used as a family room, home office, or guest area. It also represents a cost and project already completed, saving the buyer time and hassle.

5. How does Bridgwater Trails compare as a neighbourhood?
As a master-planned community, it offers newer amenities, parks, and modern infrastructure. The provided comparable listings on Hemmingwood Court and Appleford Gate show consistent, modern housing stock, indicating a stable and desirable area with similar property types.