48 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

81.6

Excellent

Overall 81.6 · Older than most nearby homes

1,640 sqft (bottom 43%) · Built in 2015 (4 yrs older than avg)

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

Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Below average

4 yrs older 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

81.6 is composed by the two sections below.

Property Score

81.0Excellent
Living Area1,640 sqft83Excellent
Year Built201594Excellent
Lot Size4,459 sqft53Fair
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
1,640 sqft
0255075100
Same streetBottom 32%Same areaBottom 43%CitywideTop 23%
Same street · Cherrywood Road
#111 / 163
Bottom 32% · Avg 1,895 sqft
Same area · Bridgwater Trails
#734 / 1,282
Bottom 43% · Avg 1,849 sqft
Citywide · Winnipeg
#45,475 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
501k
0255075100
Same streetBottom 29%Same areaBottom 39%CitywideTop 20%
Same street · Cherrywood Road
#116 / 163
Bottom 29% · Avg 558.6k
Same area · Bridgwater Trails
#784 / 1,282
Bottom 39% · Avg 596.2k
Citywide · Winnipeg
#38,104 / 194,458
Top 20% · Avg 390.1k

Year Built

above average
2015
0255075100
Same streetBottom 10%Same areaBottom 7%CitywideTop 7%

Lot Size

around average
4,459 sqft
0255075100
Same streetBottom 24%Same areaBottom 42%CitywideBottom 33%

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

48 Cherrywood Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 273 m).

Search radius
🌳Parks4

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 1/2025CA$450k–500k
Sold price

Same street

Bottom 33%

Same area

Top 49%

City-wide

Top 17%

Related homes

Highlights & common questions: 48 Cherrywood Road, Winnipeg

Property Overview & Key Characteristics

This two-storey home in Bridgwater Trails offers a practical, modern living space built in 2015. Its key appeal lies in its balance of a renovated basement, a decently sized lot for the area, and a location within a popular, newer Winnipeg community. The home sits on a 4,459 sqft lot, which is larger than many in the immediate vicinity, and features 1,640 sqft of living space. A notable highlight is the renovated basement, adding valuable finished space. The detached garage provides flexible storage or workshop potential.

The property would suit first-time buyers or young families looking for a move-in-ready home in a contemporary neighbourhood without the premium of a brand-new build. It also appeals to the practical buyer who values a finished basement more than top-tier street rankings, recognizing the opportunity in a home that is newer than over 90% of Winnipeg's housing stock but may be priced accessibly within its own newer area.


Frequently Asked Questions

1. How does the lot size compare to the neighbourhood?
At 4,459 sqft, the lot is larger than approximately 76% of other lots on Cherrywood Road, offering more outdoor space than many comparable properties in this newer community where lots can be narrower.

2. The home was built in 2015. What does that mean for maintenance?
As an 11-year-old home, major structural components are sound, but it is entering the period where original appliances, the roof, and HVAC systems may need evaluation or planned replacement, which is a typical consideration for homes of this age.

3. The assessed value is $50.10k? Is that correct?
No, this appears to be a data formatting error. The context shows it sold for $49.50k in January 2025, which is also not a realistic sale price for a Winnipeg home of this description. These figures are likely missing digits and should be verified directly with a real estate professional for accurate market value.

4. What is the significance of the "rankings" provided?
These rankings compare this property's metrics (like lot size, year built) against others on its street, in Bridgwater Trails, and across all of Winnipeg. They show that while the home is newer than most of Winnipeg, it is among the older homes within Bridgwater Trails itself—a nuance that can affect value and appeal.

5. Are comparable properties nearby?
The listing references several nearby homes on Hemmingwood Court and Cherrywood Road with similar sizes and build years, suggesting this is a fairly typical property for this specific pocket of Bridgwater Trails, which helps in establishing a realistic market price.

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.