404 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

87.6

Excellent

Overall 87.6 · Larger and newer than most nearby homes

2,259 sqft (top 18%) · 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: 1 dining spot, and 2 parks nearby

Living Area

Above average

22% 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

87.6 is composed by the two sections below.

Property Score

91.0Excellent
Living Area2,259 sqft96Excellent
Year Built2021100Excellent
Lot Size4,665 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
2,259 sqft
0255075100
Same streetTop 19%Same areaTop 18%CitywideTop 6%
Same street · Cherrywood Road
#31 / 163
Top 19% · Avg 1,895 sqft
Same area · Bridgwater Trails
#231 / 1,282
Top 18% · Avg 1,849 sqft
Citywide · Winnipeg
#10,863 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
660k
0255075100
Same streetTop 9%Same areaTop 19%CitywideTop 5%
Same street · Cherrywood Road
#14 / 163
Top 9% · Avg 558.6k
Same area · Bridgwater Trails
#249 / 1,282
Top 19% · Avg 596.2k
Citywide · Winnipeg
#9,682 / 194,458
Top 5% · Avg 390.1k

Year Built

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

Lot Size

around average
4,665 sqft
0255075100
Same streetBottom 32%Same areaBottom 45%CitywideBottom 37%

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

404 Cherrywood Road — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 492 m), 2 parks (nearest 337 m).

Search radius
🍽️Dining1
🌳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 10/2021CA$550k–600k
Sold price

Same street

Top 38%

Same area

Top 29%

City-wide

Top 10%

Related homes

Highlights & common questions: 404 Cherrywood Road, Winnipeg

Property Overview

This 2021 two-storey home in Bridgwater Trails presents a modern, low-maintenance living option. Its key appeal lies in being a nearly new build with a renovated basement, offering move-in readiness without the wait of new construction. The home ranks highly for its newer age, above-average living space, and assessed value within its immediate street, neighbourhood, and the wider Winnipeg area. The attached garage and generous 4,665 sqft lot add to its practical family layout.

It would suit first-time buyers or young families seeking a modern home in a developed community without immediate major upkeep concerns. The strong rankings suggest it's a solid, above-average property within its context, appealing to value-conscious buyers who prioritize a balance of space, condition, and community amenities.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is finished but does not specify the details. A viewing or inquiry with the listing agent is necessary to determine the basement's layout, features, and quality of finishes.

2. How are the "rankings" or percentiles calculated?
The percentages show how this property compares to others in the listed dataset (e.g., its street, neighbourhood, or city) for a specific metric. For example, "Better than 94% in same street" for year built means it is newer than 94% of the 163 homes on its street used in the comparison.

3. Why is there a significant difference between the 2021 sale price and the current assessed value?
The 2021 sale price reflects the market conditions and potentially the initial purchase price from the builder five years ago. The current assessed value is an estimate for taxation purposes and can be influenced by market appreciation, the finished basement, and comparable recent sales.

4. What are the annual property taxes?
Taxes are not provided in this data. They can be estimated by applying the current municipal tax rate to the assessed value, but the exact amount should be verified through the city or the listing agent.

5. What is the significance of the lot size?
At 4,665 sqft, the lot is a standard size for newer neighbourhoods. While it ranks in the middle of the pack on its street, it provides adequate private outdoor space for a family, typical for the area, without the extensive maintenance of a much larger yard.

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.