Property score
87.6
Excellent
Overall 87.6 · Larger and newer than most nearby homes
2,247 sqft (top 19%) · Built in 2021 (2 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
22% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
87.6 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
371 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 284 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 48% | Top 37% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 371 Cherrywood Road, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2021, offering a move-in-ready canvas in the popular Bridgwater Trails neighbourhood. Its key appeal lies in a balance of space, new-build efficiency, and future potential. With 2,247 sqft of living area and a 4,664 sqft lot, it provides ample room for a growing or established family. The home ranks highly for its newness (newer than 98% of Winnipeg) and living space (larger than 95% of Winnipeg), meaning you get a contemporary property that avoids the immediate maintenance concerns of an older house.
The appeal is grounded in its data-backed position within the market. It sits in the top third of its street for lot size and assessed value, suggesting a solid investment in a desirable location. The existing, unfinished basement presents a clear opportunity for customization and added value, allowing buyers to tailor the home to their needs. This property would suit buyers looking for a modern home in a family-oriented community who appreciate the advantages of a newer build but are also eager to put their own stamp on a space, whether now or down the line. It’s a practical choice for those who want to avoid major renovations but don’t necessarily need a fully turn-key property.
Frequently Asked Questions
1. What does the "rank" data actually mean for a buyer?
The rankings compare this home against its immediate street, neighbourhood, and all of Winnipeg for specific metrics. For example, being "newer than 98% of Winnipeg" is a strong indicator of modern construction standards and lower near-term repair costs, while its lot size ranking shows how it compares for outdoor space on its own street.
2. The assessed value is $60.60k, but what will it likely sell for?
Assessed value is for municipal tax purposes and is typically much lower than market value. The last sale in 2021 was for $52.80k (assessed at the time), and nearby comparable homes are now assessed around $70k. Market value will be determined by current conditions, recent comparable sales, and buyer demand.
3. What are the pros and cons of an unfinished basement?
The major pro is the opportunity to finish it exactly to your specifications (e.g., a theatre, gym, or extra bedroom) without needing to undo previous work. The con is the immediate upfront cost and project management required to complete it.
4. How does this location in Bridgwater Trails rate for amenities?
Bridgwater Trails is a master-planned community known for its pathways, parks, and newer schools. The listing shows nearby properties are also new, indicating a consistent, modern streetscape. Residents often cite a strong community feel and convenient access to big-box retailers and major routes as key benefits.
5. Why is the last sold price from 2021 relevant?
It shows the original purchase price for the home, giving insight into its history. The increase from the $52.80k sale price to the current $60.60k assessment reflects typical market appreciation and provides a baseline for understanding how the property's value has been trending.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
