Property score
86.9
Excellent
Overall 86.9 · Larger and newer than most nearby homes
2,174 sqft (top 23%) · Built in 2021 (2 yrs 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
18% larger than neighborhood avg.
Year Built
Above average
2 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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86.9 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
324 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 364 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 45% | Top 35% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 324 Cherrywood Road, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home in Bridgwater Trails is a modern property, built in 2021, offering a move-in-ready canvas. Its key appeal lies in a strong combination of new-build advantages and established community living. With 2,174 sqft of living space and an attached garage on a nearly 5,000 sqft lot, it provides ample room for a growing or established family.
The home’s standout characteristic is its relative newness, ranking newer than 90% of homes in the neighbourhood, which suggests lower immediate maintenance costs and modern building standards. Its assessed value and living area are both in the top quartile for the street, indicating it is a above-average offering in its immediate surroundings. The unrenovated basement presents a clear opportunity for future customization to add value and suit the next owner's needs.
This property would best suit buyers looking for a modern home in a developed suburban community without the premium of a brand-new build. It’s ideal for those who appreciate a home that’s barely broken in but are eager to put their own stamp on it, particularly in finishing the basement. It also appeals to data-minded buyers who value the home's strong rankings in assessed value and size relative to its peers, seeing it as a sound investment in a desirable area.
Frequently Asked Questions
1. What does the "unrenovated basement" condition mean?
It indicates the basement is functional but finished to a basic builder standard. It presents a blank slate for future upgrades, allowing you to customize the space without needing to undo previous renovations.
2. How significant are the provided ranking statistics?
The rankings (e.g., "Better than 74% on the street") are contextual benchmarks. They show this home rates well above average in size and value for its specific street and wider neighbourhood, which can be a positive indicator for both livability and long-term value retention.
3. Is the 2021 sale price relevant today?
The 2021 sale price of $534k is primarily of historical interest, showing the original purchase price. The current $620k assessed value provides a more contemporary, government-appraised benchmark for the market, though the final sale price is determined by current conditions.
4. What is the Bridgwater Trails community like?
Bridgwater Trails is a master-planned community in Winnipeg known for its pathways, parks, and modern amenities. The proximity of several similar-aged homes on Cherrywood Road suggests a cohesive, established streetscape.
5. Why are homes with similar assessed values located in different neighbourhoods listed?
This illustrates that the assessed value is a specific price point in the broader Winnipeg market. It allows you to see what type of property a similar investment can secure in other areas, highlighting the value proposition of this specific home and location.
