Property score
85.1
Excellent
Overall 85.1 · Newer than most nearby homes
1,820 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 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 parks, and 1 sports facility 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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85.1 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
416 Cherrywood Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 453 m), 2 parks (nearest 326 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 19% | Top 16% | Top 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 34% | Top 24% |
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 in Bridgwater Trails is a modern, low-maintenance property built in 2021. Its primary appeal lies in its balance of new construction benefits and established community living. The home features 1,820 sqft of living space, an attached garage, and a full, unfinished basement on a 4,666 sqft lot. Key data points show it is newer than approximately 90% of homes in its immediate area, offering the appeal of modern building standards without the wait of a new build.
The property would suit first-time buyers or young families seeking a turnkey home in a developed neighbourhood, as well as downsizers looking for a manageable two-storey layout without major renovation needs. A thoughtful perspective is its potential for value growth through basement development, which is a clear, blank-canvas project for an owner. Its consistent value increase since 2021, coupled with its ranking in the top 15% of Winnipeg for living space, suggests it offers above-average roominess for a newer home, which is a less obvious advantage in modern subdivisions.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for its newness (newer than 94% of homes on Cherrywood Road) and has above-average living space for the street. Its lot size is more typical, ranking around the middle.
2. What does the sale history indicate?
The home has appreciated significantly since its first sale in July 2021 ($442k) to its last recorded sale in May 2022 ($663k). This suggests strong initial value growth in the development phase.
3. Is the basement usable in its current state?
The basement is full and unfinished. It presents a clear opportunity for future customization and added living space but requires a full renovation to be finished living area.
4. What are the property taxes likely to be?
The assessed value for tax purposes is $529,000. Taxes can be estimated by applying Winnipeg's current tax rate to this assessment figure.
5. How does the neighbourhood feel for a newer community?
Bridgwater Trails is well-established, with most nearby homes built in the last 5-10 years. The presence of directly comparable homes from 2022 on the same street indicates a consistent, modern streetscape.
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