375 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Larger than most nearby homes

2,085 sqft (top 27%) · Built in 2019

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

13% 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)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

Need help understanding this property?

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

Property score

86.5 is composed by the two sections below.

Property Score

89.2Excellent
Living Area2,085 sqft94Excellent
Year Built201997Excellent
Lot Size4,886 sqft60Fair
Neighbourhood Sales Activity89Excellent

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

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
2,085 sqft
0255075100
Same streetTop 33%Same areaTop 27%CitywideTop 9%
Same street · Cherrywood Road
#53 / 163
Top 33% · Avg 1,895 sqft
Same area · Bridgwater Trails
#350 / 1,282
Top 27% · Avg 1,849 sqft
Citywide · Winnipeg
#17,206 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
584k
0255075100
Same streetTop 34%Same areaTop 34%CitywideTop 9%
Same street · Cherrywood Road
#55 / 163
Top 34% · Avg 558.6k
Same area · Bridgwater Trails
#440 / 1,282
Top 34% · Avg 596.2k
Citywide · Winnipeg
#17,815 / 194,458
Top 9% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 33%Same areaTop 35%CitywideTop 4%

Lot Size

around average
4,886 sqft
0255075100
Same streetTop 39%Same areaTop 48%CitywideBottom 41%

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

375 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 286 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 7/2019CA$450k–500k
Sold price

Same street

Bottom 34%

Same area

Top 49%

City-wide

Top 17%

Related homes

Highlights & common questions: 375 Cherrywood Road, Winnipeg

Property Overview: 375 Cherrywood Road, Bridgwater Trails, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2019, offers a modern foundation in the popular Bridgwater Trails neighbourhood. Its key appeal lies in a balance of space, contemporary build quality, and established community living. With 2,085 sqft of living area and a nearly 5,000 sqft lot, it provides ample room for a growing or established family. The attached garage and full (though unrenovated) basement add practical utility and future potential.

The home’s strength is its solid positioning within a newer, desirable area. It ranks consistently above average for its size and value within its immediate street and neighbourhood, suggesting it fits well within its local market. For buyers, this represents a turnkey home in a community that’s past the initial development phase—trees and landscapes are maturing, and the neighbourhood feel is more settled. It would suit young families or professionals seeking a modern, low-maintenance property without the premium of a brand-new build, and who may appreciate the blank canvas of an unfinished basement for future customization.

A less obvious perspective is its value trajectory. While its last sale price in 2019 was below the current neighbourhood average for that time, its current assessed value now ranks in the top third locally. This indicates a significant appreciation, highlighting the area’s growth and the property’s increasing equity, which is a compelling point for value-conscious buyers.

Section 2: Frequently Asked Questions

1. What is the neighbourhood like?
Bridgwater Trails is a master-planned, family-oriented community in Winnipeg’s southwest. It features extensive pathways, parks, and ponds, with convenient access to schools, shopping, and major routes. The area is well-established with a mix of newer and slightly older homes.

2. Is the basement finished?
No, the basement is included but is not renovated. This presents an opportunity to customize the additional space to suit your needs, but it will require an investment to finish.

3. How does this property compare to others on the street?
The data shows this home ranks better than 61% of properties on Cherrywood Road for lot size and better than 67% for both living area and year built. This means it is generally larger and newer than many of its direct neighbours.

4. What are the typical property taxes?
While exact taxes depend on the final sale price and municipal rates, you can estimate them using the provided assessed value of $584,000 as a baseline for calculation.

5. Has the property increased in value?
Yes. The home sold for $496,000 in July 2019. Its current assessed value of $584,000 suggests substantial appreciation, a trend supported by its value now ranking higher than most comparable homes in Winnipeg.

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.