386 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

87.2

Excellent

Overall 87.2 · Larger and newer than most nearby homes

2,359 sqft (top 15%) · Built in 2020 (1 yr newer than avg)

Located in a high-income area with median household income of ~103k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

28% larger than neighborhood avg.

Year Built

Above average

1 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

87.2 is composed by the two sections below.

Property Score

90.4Excellent
Living Area2,359 sqft96Excellent
Year Built202097Excellent
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

Elite
2,359 sqft
0255075100
Same streetTop 14%Same areaTop 15%CitywideTop 4%
Same street · Cherrywood Road
#23 / 163
Top 14% · Avg 1,895 sqft
Same area · Bridgwater Trails
#186 / 1,282
Top 15% · Avg 1,849 sqft
Citywide · Winnipeg
#8,117 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
650k
0255075100
Same streetTop 12%Same areaTop 21%CitywideTop 5%
Same street · Cherrywood Road
#19 / 163
Top 12% · Avg 558.6k
Same area · Bridgwater Trails
#266 / 1,282
Top 21% · Avg 596.2k
Citywide · Winnipeg
#10,405 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 17%Same areaTop 21%CitywideTop 3%

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

386 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 343 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 5/2020CA$500k–550k
Sold price

Same street

Bottom 48%

Same area

Top 41%

City-wide

Top 15%

Related homes

Highlights & common questions: 386 Cherrywood Road, Winnipeg

Property Overview: 386 Cherrywood Road, Bridgwater Trails

Key Characteristics & Appeal

This two-storey home, built in 2020, presents a modern living opportunity in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its strong standing relative to comparable properties. The home ranks in the top tiers for its living area, assessed value, and newness when compared to most homes on its street, in the neighbourhood, and across Winnipeg. Specifically, it boasts a generous 2,359 sqft of living space and sits on a nearly 5,000 sqft lot, offering ample room for a growing household.

The property suits buyers looking for a relatively new build that requires no major immediate renovations, though the basement is noted as unfinished. Its above-average rankings suggest a home that is both sizable and well-valued within its context, ideal for professionals or families seeking a move-in ready property in a established newer community. A thoughtful perspective is that while the home excels in metrics like space and modern build year, it offers a "blank canvas" potential in the basement, allowing future owners to customize that space to their needs without having to undo previous renovations.

Frequently Asked Questions

1. What does the "rank" or "better than" data actually mean?
This data compares the subject property against all other homes in the stated area (its street, neighbourhood, or city) for a specific metric. For example, ranking "better than 86% in same street" for living area means only 14% of homes on Cherrywood Road have a larger living space.

2. The home sold for much less in 2020. Does the current assessed value seem accurate?
The 2020 sale price reflects the initial purchase from the builder. The current assessed value of $650k is determined by the municipal authority and reflects market influences and property improvements over the past four years, aligning it with similarly valued homes in wider Winnipeg.

3. Is the basement usable?
Yes, the basement exists and is included in the total square footage of the property, but it is noted as "not renovated." This typically means it is an unfinished space suitable for storage or future development.

4. How does this property compare to the "Worth viewing" suggestions like 408 Cherrywood Road?
While in the same neighbourhood, the suggested properties are newer (2022 builds) and have different assessed values and living areas. This highlights that 386 Cherrywood may offer a slightly more established lot and a different value proposition within the same community.

5. The property ranks highly in Winnipeg for year built. Is that a major advantage?
Ranking newer than 97% of homes in Winnipeg is a significant advantage, indicating modern construction standards, materials, and systems that typically mean greater energy efficiency and fewer near-term maintenance concerns compared to the city's older housing stock.

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.