332 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

84.0

Excellent

Overall 84.0 · Newer than most nearby homes

1,792 sqft (top 46%) · Built in 2022 (3 yrs newer 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

Near average

3% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer 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

84.0 is composed by the two sections below.

Property Score

85.0Excellent
Living Area86
1,792 sqftExcellent
Year Built100
2022Excellent
Lot Size60
4,667 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
1,792 sqft
0255075100
Same streetBottom 43%Same areaTop 46%CitywideTop 17%
Same street · Cherrywood Road
#93 / 163
Bottom 43% · Avg 1,895 sqft
Same area · Bridgwater Trails
#585 / 1,282
Top 46% · Avg 1,849 sqft
Citywide · Winnipeg
#33,947 / 194,458
Top 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
545k
0255075100
Same streetBottom 44%Same areaTop 45%CitywideTop 13%
Same street · Cherrywood Road
#91 / 163
Bottom 44% · Avg 558.6k
Same area · Bridgwater Trails
#582 / 1,282
Top 45% · Avg 596.2k
Citywide · Winnipeg
#25,913 / 194,458
Top 13% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 1%Same areaTop 4%CitywideTop 1%

Lot Size

around average
4,667 sqft
0255075100
Same streetTop 45%Same areaBottom 49%CitywideBottom 37%

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

332 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 354 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 9/2022CA$600k–650k
Sold price

Same street

Top 21%

Same area

Top 19%

City-wide

Top 6%
Sold 2/2022CA$500k–550k
Sold price

Same street

Bottom 44%

Same area

Top 44%

City-wide

Top 15%

Related homes

Highlights & common questions: 332 Cherrywood Road, Winnipeg

Property Overview

332 Cherrywood Road is a modern two-storey home in Winnipeg's Bridgwater Trails neighbourhood. Built in 2022, it offers a move-in-ready condition with the benefit of a builder's warranty likely still in effect. The home features an attached garage, a full (unrenovated) basement, and sits on a lot that is larger than average for its street. Its key appeal lies in its balance of new construction amenities and established community living. While its living space is moderately sized, its recent sold prices and current assessed value suggest it has held its value well in a newer suburb.

This property would suit first-time buyers or young families looking for a modern, low-maintenance home in a planned community. It's also a practical choice for value-conscious buyers who want the advantages of a new build (like modern efficiency and minimal immediate repairs) without the premium of a brand-new purchase. The unrenovated basement presents a clear opportunity for future customization to add value and space.


Frequently Asked Questions

How does this home compare to others in Bridgwater Trails?
The data shows a mix. It's newer than 96% of homes in the neighbourhood, which is a significant advantage. However, its living area is slightly above the neighbourhood median, meaning it's a comfortable but not exceptionally large home for the area. Its lot size is a relative strength.

What does the sale history indicate?
The home sold for $50,600 in February 2022 (likely near its initial construction) and then for $63,200 just seven months later in September 2022. This rapid appreciation is notable and may reflect the hot market of that period or specific upgrades made by the first owner. It's a data point to discuss with your agent in the context of current market conditions.

Is the basement finished?
No, the basement is not renovated. This is clearly stated as "not renovated," meaning it is likely an unfinished space ready for drywall, flooring, and design to suit a future owner's needs and budget.

How are the schools and amenities in Bridgwater Trails?
This listing does not include specific school or amenity information. Bridgwater Trails is a master-planned community known for its pathways, parks, and nearby commercial centres. Prospective buyers should verify current school catchment zones and the walking distance to shops, as these can vary within the larger area.

Why is the assessed value different from the last sale price?
The assessed value ($54,500) is for municipal tax purposes and is typically lower than market value. It should not be used as a direct indicator of listing or sale price. The last sale price from 2022 ($63,200) is a more relevant, though dated, benchmark for what a buyer previously paid.