432 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

87.6

Excellent

Overall 87.6 · Larger and newer than most nearby homes

2,386 sqft (top 12%) · Built in 2021 (2 yrs newer than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 parks, and 1 sports facility nearby

Living Area

Above average

29% 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 Area2,386 sqft96Excellent
Year Built2021100Excellent
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
2,386 sqft
0255075100
Same streetTop 7%Same areaTop 12%CitywideTop 4%
Same street · Cherrywood Road
#11 / 163
Top 7% · Avg 1,895 sqft
Same area · Bridgwater Trails
#152 / 1,282
Top 12% · Avg 1,849 sqft
Citywide · Winnipeg
#7,542 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
628k
0255075100
Same streetTop 18%Same areaTop 24%CitywideTop 6%
Same street · Cherrywood Road
#30 / 163
Top 18% · Avg 558.6k
Same area · Bridgwater Trails
#313 / 1,282
Top 24% · Avg 596.2k
Citywide · Winnipeg
#12,159 / 194,458
Top 6% · Avg 390.1k

Year Built

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

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

432 Cherrywood Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 401 m), 2 parks (nearest 319 m).

Search radius
🍽️Dining1
🌳Parks2
💪Sports1

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 8/2021CA$500k–550k
Sold price

Same street

Top 49%

Same area

Top 37%

City-wide

Top 13%

Related homes

Highlights & common questions: 432 Cherrywood Road, Winnipeg

Property Overview: 432 Cherrywood Road, Bridgwater Trails

Key Characteristics & Appeal

This two-storey home, built in 2021, offers modern living in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of space, new construction benefits, and established community. With 2,386 sqft of living area, it ranks in the top 12% for size within the neighbourhood, providing ample room for a growing or established family. The attached garage and full (though unrenovated) basement add practical space for storage and future potential.

The home’s standout feature is its relative newness. Built just five years ago, it ranks in the top 10% of newer homes in the area, meaning buyers can expect modern building standards, energy efficiency, and minimal immediate maintenance compared to older stock. Its lot size of 4,888 sqft is also notably generous for the community, offering better-than-average outdoor space.

This property is ideally suited for buyers seeking a move-in ready, modern home in a master-planned community. It fits families looking for space without the upkeep of an older property, or professionals valuing a contemporary build with room to grow. The unrenovated basement presents a clear opportunity for a future project to add significant value and customize the space to the new owner's needs.


Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks highly for its year built (top 6% on the street) and living area (top 7%). Its lot size is also above average, better than 73% of neighbouring properties.

2. What is the history of the assessed value?
The current assessed value is $628,000. The home last sold in August 2021 for $527,000. The current assessment places its value higher than 82% of homes on the same street.

3. Is the basement finished?
No, the basement is included but is noted as "not renovated." This provides a blank canvas for future finishing to suit the buyer's needs.

4. What are comparable nearby properties like?
Nearby listings from 2022 with similar assessed values (~$708,000) have slightly smaller or larger square footages. This suggests 432 Cherrywood Road may offer a value proposition within the newer homes in the area.

5. How does the neighbourhood rank for this property's features?
The home consistently ranks in the top quartile within Bridgwater Trails for key metrics: it's in the top 10% for newness, top 12% for living area, and top 24% for assessed value. This indicates it is a above-average offering within an already desirable community.

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.