Property score
87.2
Excellent
Overall 87.2 · Compared with neighbourhood average
2,007 sqft (top 32%) · Built in 2019
Located in a high-income area with median household income of ~103k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Near average
9% 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
383 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 294 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 20% | Top 17% | Top 5% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 24% | Top 20% | Top 6% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 24% | 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 & Key Characteristics
383 Cherrywood Road is a modern two-storey home in the sought-after Bridgwater Trails neighbourhood. Built in 2019, it offers over 2,000 square feet of living space on a generous 5,496 sqft lot, with an attached garage and an unfinished basement. Its core appeal lies in a compelling blend of relative newness, established community roots, and strong value progression. The home sits on a street-ranked better than 87% of its immediate neighbours for lot size, offering more outdoor space than typical newer builds. While not renovated, its 2019 construction means major systems are likely still under warranty and modern in design.
The property’s history shows a clear and steady appreciation, with sale prices rising from $461k in 2019 to $650k in 2025. This consistent growth, coupled with its current assessed value of $570k being significantly below its last sale price, may indicate perceived upside or a solid investment track record within the area. It would suit first-time buyers looking for a modern, low-maintenance home without the premium of a brand-new build, or value-focused buyers who appreciate a larger lot and see potential in a basement they can customize to their own taste. It’s a practical choice for those who want a home that’s past its initial settling-in phase but is still contemporary, in a mature pocket of a popular community.
Frequently Asked Questions
1. Is the unfinished basement a drawback or an opportunity?
It’s primarily an opportunity. It provides significant storage and the blank slate to add future living space—like a rec room, home gym, or additional bedroom—exactly to a new owner’s specifications without needing to undo previous renovations.
2. How does the 2025 sale price compare to the current assessed value?
The home sold for $650,000 in March 2025, which is notably higher than its $570,000 assessed value. This difference is common and can reflect market dynamics, specific property upgrades not captured in assessment, or the assessed value simply lagging behind recent sale prices.
3. The home was built in 2019. Are there any potential concerns with a house of this age?
A 7-year-old home is past the initial "shakedown" period where most minor construction flaws surface. Major components like the roof, HVAC, and appliances are likely still in good condition but may be nearing the end of manufacturer warranties, so a thorough inspection is always recommended.
4. What does the lot size ranking actually mean for me?
The data shows the lot is larger than 87% of others on Cherrywood Road. In practical terms, this means you likely have more private backyard space, better spacing from neighbours, and more landscaping options compared to many other homes in the immediate area.
5. The sale history shows rapid appreciation from 2019 to 2022. Is that trend sustainable?
While past performance is strong, the more recent sale in 2025 suggests a continued increase in value. The sustainability of future appreciation will depend on broader market conditions, but the home’s established growth pattern within a desirable neighbourhood is a positive indicator.
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