Property score
87.2
Excellent
Overall 87.2 · Larger than most nearby homes
2,280 sqft (top 18%) · Built in 2019
Located in a high-income area with median household income of ~103k
Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
23% larger than neighborhood avg.
Year Built
Near average
0 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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87.2 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
340 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 346 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 | Bottom 25% | Bottom 40% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 340 Cherrywood Road, Bridgwater Trails
Key Characteristics & Appeal
This 2019-built, two-storey home in Bridgwater Trails offers modern living with a practical footprint. Its key appeal lies in being a relatively newer construction (top 4% for age in Winnipeg) that requires no major immediate updates, paired with a generous living space of 2,280 sq ft (top 5% in the city). The home sits on a good-sized lot and includes an attached garage and an unfinished basement, providing a solid foundation and the potential for future customization.
The property’s strength is its balance. It ranks consistently above average for its size and age within its immediate street and the broader Bridgwater Trails neighbourhood, suggesting it fits well in a desirable, established area. The 2024 assessed value of $588,000 places it in the top third locally, indicating strong official valuation growth since its 2019 sale. This isn't a fixer-upper or a luxury statement; it's a ready-to-move-into family home that has kept pace with area appreciation.
This home would suit buyers looking for a turnkey property in a modern Winnipeg community who value space and newer builds. It’s ideal for a growing family that appreciates having a blank canvas in the basement to finish as their needs evolve. The strong rankings for living area suggest it offers more interior space than many comparable homes, which is a significant plus for those who prioritize roominess over a massive yard.
Frequently Asked Questions
1. How does the 2019 sale price compare to today’s value?
The home sold for $461,000 in December 2019. Its 2024 assessed value is $588,000, reflecting the market appreciation over five years. The assessed value ranks in the top 8% citywide, indicating its growth has outpaced most Winnipeg properties.
2. Is the basement usable in its current state?
The basement is noted as “not renovated,” meaning it is unfinished. It provides valuable storage and mechanical space and offers the potential for future development to add square footage and value.
3. How does this property rank within Bridgwater Trails?
It ranks very well for living area (top 18%) and year built (top 35%) in the neighbourhood. Its assessed value is in the top 33%. This indicates it is a competitively sized, modern home with a value that sits comfortably above the neighbourhood median.
4. What are the less obvious considerations?
While the home is newer, the 2019 build date means any original builder warranties may soon be expiring or have already lapsed, so a thorough inspection is wise. Additionally, its lot size, while good, ranks in the middle of the pack locally (top 51% in the neighbourhood), so outdoor space is adequate but not exceptional for the area.
5. What do the nearby comparable properties tell us?
The listed comparables, like 103 Valley Brook Road (2022 build, larger, higher assessment) and 375 Willow Creek Road (2018 build, smaller, higher assessment), show that 340 Cherrywood Road occupies a middle ground. It offers a balance of a very recent build date, significant living area, and a strong assessed value without being the absolute newest or largest option on the market.
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