380 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

86.9

Excellent

Overall 86.9 · Larger and newer than most nearby homes

2,119 sqft (top 26%) · 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

15% 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)

Sold Count

1,068

Median price

563.8k

$/sqft

$347/sqft

Avg build year

2019

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Property score

86.9 is composed by the two sections below.

Property Score

89.8Excellent
Living Area2,119 sqft94Excellent
Year Built2021100Excellent
Lot Size4,888 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
2,119 sqft
0255075100
Same streetTop 29%Same areaTop 26%CitywideTop 8%
Same street · Cherrywood Road
#48 / 163
Top 29% · Avg 1,895 sqft
Same area · Bridgwater Trails
#329 / 1,282
Top 26% · Avg 1,849 sqft
Citywide · Winnipeg
#15,746 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

above average
581k
0255075100
Same streetTop 36%Same areaTop 35%CitywideTop 9%
Same street · Cherrywood Road
#58 / 163
Top 36% · Avg 558.6k
Same area · Bridgwater Trails
#451 / 1,282
Top 35% · Avg 596.2k
Citywide · Winnipeg
#18,316 / 194,458
Top 9% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 6%Same areaTop 10%CitywideTop 2%

Lot Size

above average
4,888 sqft
0255075100
Same streetTop 27%Same areaTop 46%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

380 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 340 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 2/2021CA$450k–500k
Sold price

Same street

Bottom 27%

Same area

Bottom 41%

City-wide

Top 21%

Related homes

Highlights & common questions: 380 Cherrywood Road, Winnipeg

Property Overview: 380 Cherrywood Road, Bridgwater Trails

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2021, offers modern living in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of being a relatively new build with established landscaping on a generous 4,888 sqft lot. The home features a functional layout with 2,119 sqft of living space and an attached garage.

The property’s strength is its consistent ranking above average for its immediate area across several metrics. It sits in the top third of its street for lot size and living area, and it’s notably newer than 94% of homes on the same road. This suggests a well-placed property within a developing community, offering a modern standard in a settled streetscape. The unrenovated basement presents a clean canvas for future customization.

This home would suit a young family or professional couple looking for a move-in ready, low-maintenance property in a sought-after suburban community. It’s ideal for buyers who value modern construction and a larger lot but don’t want to wait for a brand-new build. The strong rankings for assessed value in Winnipeg also indicate a solid investment relative to the broader market.


Section 2: Frequently Asked Questions

1. What does the "Sold" history from 2021 indicate?
The home sold for $46.50k in February 2021, which was likely a pre-construction or early-build purchase. The current assessed value of $58.10k reflects the appreciated value of the completed home and lot in today’s market.

2. Is the basement finished?
No, the basement is noted as "not renovated." This provides both a cost-saving on the initial purchase price and the opportunity to finish the space to a new owner’s specific needs and timeline.

3. How does this property compare to others on the street?
The data shows it outperforms most direct neighbours in key areas. It has a larger-than-average lot and living area for the street, and it is significantly newer than almost all surrounding homes, which is a distinct advantage.

4. What is the significance of the "Assessed Value" ranking?
The assessed value of $58.10k ranks in the top 8% for Winnipeg, meaning it is considered a higher-value property city-wide. However, it ranks in the middle third on its own street, suggesting the Bridgwater Trails area commands strong values overall, and this home is competitively positioned within it.

5. Are there comparable properties nearby?
The listing shows nearby homes on Cherrywood Road and Valley Brook Road with similar or slightly larger sizes, newer build years, and higher assessed values. This confirms the area's desirability and provides clear benchmarks for comparison, indicating this listing may offer a value-oriented entry point into the immediate locale.

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