Property Overview: 372 Cherrywood Road, Bridgwater Trails

Key Characteristics & Appeal

This 2019-built, two-storey home in Bridgwater Trails offers modern living with established community roots. Its key appeal lies in a combination of above-average space and a relatively new build. With 2,364 sqft of living area, it provides more interior room than 90% of homes on its street and 87% in the neighbourhood. The 4,888 sqft lot offers ample outdoor space, ranking better than 73% of street properties.

The home’s strength is its balanced positioning. It’s not the newest nor the largest in the broader area, but it sits comfortably in the top tier for its immediate locale in terms of size, assessed value, and year built. This suggests a property that has settled well, potentially with matured landscaping, while still benefiting from modern construction standards. The attached garage and full (though unrenovated) basement add functional space.

This property would suit a growing family or professional couple looking for a move-in ready home in a popular suburban community. It appeals to those who prioritize interior space and a established yet contemporary home over having the absolute newest build or a premium, renovated basement. The strong rankings for living area and lot size indicate a good value proposition for buyers seeking room to grow within Bridgwater Trails.

Frequently Asked Questions

1. What is the significance of the "Assessed Value" compared to the last sale price?
The assessed value of $65,100k is a municipal valuation for tax purposes, not a market price. The home last sold for $48,200k in 2019, likely near its original purchase. The current assessed value being higher suggests the municipality recognizes significant appreciation since construction, which can be a positive indicator, but the final market price is determined by buyer demand.

2. The basement is noted as "not renovated." What should I expect?
This typically means the basement is unfinished or only partially finished with basic amenities. It presents a blank canvas for future development to add living space, but any renovations would be an additional project and cost for the buyer.

3. How does this home compare to others in Bridgwater Trails?
The data shows it is larger than most homes on its street and in the neighbourhood. However, compared to some newer builds on the same street (like the nearby 2022-built examples listed), it is slightly older and may have different interior finishes or layouts. It represents a balance between newer construction and potentially more developed outdoor spaces.

4. What do the "Top X%" rankings mean?
These rankings compare this specific property metric (like Living Area or Year Built) against all other homes in the defined area (Street, Neighbourhood, or City). For example, "Top 10% for Living Area on its street" means 90% of homes on Cherrywood Road have less living space. It's a quick way to gauge relative standing.

5. The last sale was in 2019. Is that a concern?
Not inherently. As the home was built in 2019, that sale was likely its first purchase from the builder. A single owner for the past 5 years can indicate a well-maintained, stable property without frequent turnover.