Property score
86.3
Excellent
Overall 86.3 · Newer than most nearby homes
1,815 sqft (top 44%) · Built in 2021 (2 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
Near average
2% smaller 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)
1,068
563.8k
$347/sqft
2019
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86.3 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
396 Cherrywood Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 348 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 22% | Top 19% | Top 6% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 48% | Top 41% | Top 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home at 396 Cherrywood Road in Bridgwater Trails is a modern, low-maintenance property built in 2021. Its primary appeal lies in its balance of being a relatively new build in a desirable suburban neighbourhood, offering move-in readiness without the concerns of an older home. The property sits on a generous 5,805 sqft lot, which is larger than most on its street, and features an attached garage and an unfinished basement, providing a blank canvas for future expansion.
The home is particularly well-suited for first-time buyers or young families seeking a modern, turn-key property in a community with newer amenities. Its strong rankings—especially being newer than 98% of homes in Winnipeg—indicate a property with less immediate worry about major repairs. The significant appreciation from its 2021 purchase price to its 2024 sale price also suggests it has been a solid investment in a stable, growing area. A thoughtful perspective for buyers is the value of the unfinished basement; while it requires an investment to renovate, it allows for customization to suit specific needs without paying a premium for someone else’s finished layout.
Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Trails is a modern, master-planned community in Winnipeg. It typically features newer homes, parks, and walking paths, appealing to those seeking a contemporary suburban lifestyle.
2. Is the basement included in the living area square footage?
No. The listed living area is 1,815 sqft for the above-ground floors. The basement is a separate, unfinished space that offers potential for future expansion.
3. How does the property’s value compare to the area?
The home’s last sold price in early 2024 was higher than over 82% of sales on its street and 94% in Winnipeg, indicating it commands a strong market position relative to the broader city.
4. What does "rank by area" or "better than X%" mean?
These metrics compare this specific property against all others on its street, in the neighbourhood, and across Winnipeg. For example, its lot size is larger than 88% of lots on Cherrywood Road, offering more outdoor space than most direct neighbours.
5. What are the typical property taxes?
While not listed here, property taxes can be estimated using the Assessed Value of $56,500k and the City of Winnipeg's current mill rate. It's advisable to confirm the exact annual tax amount with municipal authorities or the listing agent.
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