440 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Larger and newer than most nearby homes

2,714 sqft (top 5%) · Built in 2020 (1 yr 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

47% larger than neighborhood avg.

Year Built

Above average

1 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

89.2 is composed by the two sections below.

Property Score

93.7Excellent
Living Area2,714 sqft98Excellent
Year Built202097Excellent
Lot Size5,837 sqft74Good
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
2,714 sqft
0255075100
Same streetTop 2%Same areaTop 5%CitywideTop 2%
Same street · Cherrywood Road
#3 / 163
Top 2% · Avg 1,895 sqft
Same area · Bridgwater Trails
#60 / 1,282
Top 5% · Avg 1,849 sqft
Citywide · Winnipeg
#3,465 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
787k
0255075100
Same streetTop 1%Same areaTop 10%CitywideTop 2%
Same street · Cherrywood Road
#2 / 163
Top 1% · Avg 558.6k
Same area · Bridgwater Trails
#130 / 1,282
Top 10% · Avg 596.2k
Citywide · Winnipeg
#4,663 / 194,458
Top 2% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 17%Same areaTop 21%CitywideTop 3%

Lot Size

above average
5,837 sqft
0255075100
Same streetTop 10%Same areaTop 25%CitywideTop 36%

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

440 Cherrywood Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 377 m), 2 parks (nearest 318 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 2/2022CA$900k–950k
Sold price

Same street

Top 1%

Same area

Top 5%

City-wide

Top 1%
Sold 7/2021CA$750k–800k
Sold price

Same street

Top 4%

Same area

Top 9%

City-wide

Top 2%

Related homes

Highlights & common questions: 440 Cherrywood Road, Winnipeg

Property Overview: 440 Cherrywood Road, Bridgwater Trails

Key Features & Ideal Buyer

This is a modern, two-storey home built in 2020, situated on a large lot in the sought-after Bridgwater Trails neighbourhood. Its primary appeal lies in a combination of generous space, contemporary build quality, and a strong position within its market. The home features over 2,700 sqft of living area, ranking it in the top 5% of the neighbourhood for size, and sits on a lot that is larger than 90% of others on its street. A renovated basement and attached garage add to its functional appeal.

The property’s standout characteristic is its consistent high ranking across key metrics. It is not only larger and newer than most comparable homes but also demonstrates robust value retention, with a sold price in 2022 that placed it in the top 1% in Winnipeg. This suggests a well-regarded property in a prime location within the community.

This home would best suit buyers looking for a move-in ready, modern property without the wait of new construction, but with many of the same benefits. It’s ideal for a growing family seeking ample indoor and outdoor space, or for a professional wanting a home with strong investment credentials, evidenced by its high percentile rankings for assessed and sold values. It offers the appeal of a newer home’s efficiency and design, coupled with the established maturity of a quick-growing neighbourhood.


Frequently Asked Questions

1. How does the 2022 sold price compare to today's likely value?
While the 2022 sale at $940k placed it in the 99th percentile city-wide, current value would be influenced by market conditions since that date. The consistently high assessed value suggests a strong foundation, but a current professional appraisal or comparative market analysis would be needed for an accurate figure.

2. What does "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finishes, permits, and the nature of the renovation—whether it’s a finished recreational space, additional bedrooms, or a secondary suite.

3. The home is newer, but what about the builder and construction quality?
The year built is known (2020), but the builder is not listed. This is a key question, as builder reputation can impact construction quality, warranty status, and resale appeal. Researching the builder or requesting documentation is advisable.

4. The lot is large, but what is the backyard like?
While the land area is quantified, the layout, orientation (sun exposure), fencing, and landscaping are not described. The lot's utility for privacy, gardening, or recreation would be important to assess in person.

5. Why are the sold prices from 2021 and 2022 so dramatically different?
The data shows a transfer at $76.4k in 2021 and a sale at $940k in 2022. The 2021 transaction likely represents a nominal transfer (such as between family members or for title purposes) and not an arm’s-length market sale. The 2022 figure is the relevant market-based sale price.

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