Property score
82.0
Excellent
Overall 82.0 · Smaller but newer than most nearby homes
1,400 sqft (bottom 10%) · Built in 2022 (3 yrs newer than avg)
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
Below average
24% smaller than neighborhood avg.
Year Built
Above average
3 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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82.0 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
392 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 351 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 14% | Top 15% | Top 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 392 Cherrywood Road, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This is a modern, one-storey home built in 2022, situated on a spacious lot in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of new construction benefits—like contemporary building standards and minimal immediate maintenance—with the established greenery of a maturing community. The home features an attached garage and a full, unfinished basement, offering functional living space now with clear potential for future expansion.
The property’s standout characteristic is its land. The lot is larger than 91% of others on the street, providing above-average outdoor space for gardening, play, or entertaining, which is a notable find in newer communities. While the living area is modest compared to some neighbours, this positions the home well for first-time buyers, downsizers, or investors seeking a low-maintenance, single-level layout. The significant increase in assessed value since its 2022 purchase suggests strong market confidence in the location. This home suits buyers prioritizing a move-in ready, newer build on a premium lot, who may view the basement as a blank canvas for future customization.
Section 2: Frequently Asked Questions
1. Is the basement developed?
No, the basement is unfinished. This presents an opportunity to customize the space to your specific needs, whether for storage, a future rec room, or additional bedrooms, but will require an investment to complete.
2. How does the living space compare to the neighbourhood?
At 1,400 sqft, the living area is functional but more compact than many homes in Bridgwater Trails. This is reflected in the home’s value being driven more by its newness, lot size, and location than by its interior square footage.
3. What does the lot size ranking mean practically?
Ranking "better than 91% in same street" for land area means this property has one of the larger lots on Cherrywood Road. You’re getting more private outdoor space than most direct neighbours, a valuable asset in a newer subdivision.
4. The assessed value has risen significantly since 2022. What does this indicate?
The assessed value of $540k, up from its 2022 sale price, reflects general market appreciation and the desirability of the Bridgwater Trails area. It indicates the property has grown in value, though the final market price is always determined by current buyer demand.
5. Who would this property not suit?
It may not be ideal for buyers requiring immediate, extensive living space or a turn-key basement suite, as finishing the basement would be necessary. Those prioritizing a very large interior footprint from the outset might find better value in an older home on a smaller lot.
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