Property score
89.2
Excellent
Overall 89.2 · Larger and newer than most nearby homes
2,729 sqft (top 4%) · Built in 2020 (1 yr newer than avg)
Located in a high-income area with median household income of ~103k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 parks, and 1 sports facility nearby
Living Area
Above average
48% 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)
1,068
563.8k
$347/sqft
2019
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89.2 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
448 Cherrywood Road — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 345 m), 2 parks (nearest 320 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 5% | Top 10% | Top 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 448 Cherrywood Road, Bridgwater Trails
Key Features & Ideal Buyer
This two-storey home, built in 2020, presents a compelling opportunity in Winnipeg's Bridgwater Trails neighbourhood. Its primary appeal lies in a combination of modern construction, above-average space, and a strong value position within the broader market. The nearly 2,730 sqft of living area is notably spacious, ranking in the top 1% on its street and top 4% in the neighbourhood. The property sits on a large lot (over 5,800 sqft) and includes an attached garage and a renovated basement, adding functional living space.
The home’s standout characteristic is its consistent high ranking across key metrics. It places in the top 10-25% for lot size and building age within its immediate area, but its most striking figures are in value and size comparisons city-wide. It ranks in the top 2-3% of Winnipeg for both living area and assessed value, suggesting a property that offers more space and perceived value than the vast majority of homes in the city. This isn't just a nice home for the street; it's a sizeable, modern property by wider urban standards.
This home would suit buyers looking for a move-in ready, modern build without the wait or uncertainties of new construction. It’s ideal for a growing family seeking ample indoor and outdoor space in a planned community. The strong assessment history also makes it a sensible choice for value-conscious buyers who appreciate metrics, as the data indicates a property that has maintained a premium position relative to its peers.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. Prospective buyers should inquire about the scope of work, the quality of materials, and whether any permits were obtained for the renovation.
2. How does the 2020 sale price compare to the current asking price?
The home sold for $76,000 in September 2020. The current assessed value is $78,400. This close alignment suggests stable value retention, but the final list or sale price will be determined by current market conditions and any upgrades made since the last sale.
3. The lot is large for the area. What are the outdoor amenities?
While the listing notes no pool, the sizable 5,837 sqft lot offers significant potential for landscaping, gardening, or recreational space. Buyers should consider the yard's orientation, current landscaping, and any established features like decks or patios.
4. The city-wide rankings are exceptional. What's the catch?
The rankings show this home is larger and valued higher than most in Winnipeg. This is likely due to its modern build in a newer suburb. The "catch" is typically reflected in the price point and location preferences—it suits those seeking a contemporary suburban lifestyle over an older, central character home.
5. How does this home compare to the nearby referenced properties?
The listed comparable at 408 Cherrywood Road (built 2022, 2,261 sqft) is newer but significantly smaller. 448 Cherrywood offers more living space on a larger lot for a moderately higher assessed value, potentially representing better value per square foot for buyers who prioritize space over being the absolute newest build.
