Property Overview

This two-storey home at 325 Cherrywood Road in Bridgwater Trails is a modern, low-maintenance property built in 2020. Its primary appeal lies in its balance of new construction benefits and established community living. The home sits on a generous 5,190 sqft lot and features 1,790 sqft of living space, an attached garage, and an unfinished basement. Key data points show it ranks highly for its newness compared to most of Winnipeg and sits on a larger-than-average lot for its street. The assessed value has seen a reasonable increase since its 2020 sale.

Key Characteristics & Ideal Buyer

The home’s standout characteristic is its contemporary age, meaning major components like roofing, HVAC, and windows are under a decade old and likely under original warranty, offering significant peace of mind. Its appeal is grounded in move-in readiness without immediate renovation needs, coupled with the mature, planned amenities of the Bridgwater Trails neighbourhood. The unfinished basement presents a clear, cost-effective opportunity for future customization to add value and space.

This property would suit first-time buyers seeking a modern home without the risks of an older build, or downsizers looking for a manageable two-storey layout with minimal upkeep. It also fits buyers who view the basement not as a drawback, but as a blank canvas to tailor precisely to their needs, whether for a home gym, theatre, or suite, on their own timeline and budget.

Frequently Asked Questions

1. How does the unfinished basement affect the home's value and utility?
While not adding to the finished square footage, it provides substantial dry storage, mechanical space, and future expansion potential. It allows a new owner to customize the space to their exact specifications without needing to undo previous renovations.

2. The home is newer, but how does it compare to the neighbourhood overall?
Built in 2020, it is newer than approximately 97% of homes in Winnipeg and ranks in the top 21% for age within Bridgwater Trails itself, indicating you’re buying a relatively recent build in an already-established community.

3. What is the significance of the lot size?
At 5,190 sqft, the lot is larger than 82% of others on Cherrywood Road. This suggests better-than-average outdoor space for the street, which is a valuable asset in a newer community where lot sizes can vary.

4. Has the property appreciated since its last sale?
Yes. The assessed value has increased from $452,000 in March 2020 to $546,000, reflecting market trends and the home’s establishment in the community.

5. What are the immediate next-door neighbours like?
The listing shows five nearby addresses on the same street, all within 39 meters. This indicates a closely-built streetscape typical of modern subdivisions, offering a sense of neighbourhood but with minimal lot separation.