57 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

87.2

Excellent

Overall 87.2 · Larger than most nearby homes

2,365 sqft (top 13%) · Built in 2018 (1 yr older than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby

Living Area

Above average

28% larger than neighborhood avg.

Year Built

Near average

1 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

87.2 is composed by the two sections below.

Property Score

90.4Excellent
Living Area2,365 sqft96Excellent
Year Built201897Excellent
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
2,365 sqft
0255075100
Same streetTop 9%Same areaTop 13%CitywideTop 4%
Same street · Cherrywood Road
#15 / 163
Top 9% · Avg 1,895 sqft
Same area · Bridgwater Trails
#165 / 1,282
Top 13% · Avg 1,849 sqft
Citywide · Winnipeg
#7,952 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
624k
0255075100
Same streetTop 20%Same areaTop 25%CitywideTop 6%
Same street · Cherrywood Road
#33 / 163
Top 20% · Avg 558.6k
Same area · Bridgwater Trails
#319 / 1,282
Top 25% · Avg 596.2k
Citywide · Winnipeg
#12,555 / 194,458
Top 6% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 45%Same areaBottom 47%CitywideTop 4%

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

57 Cherrywood Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 293 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 10/2021CA$700k–750k
Sold price

Same street

Top 9%

Same area

Top 11%

City-wide

Top 3%

Related homes

Highlights & common questions: 57 Cherrywood Road, Winnipeg

Property Overview & Key Characteristics

57 Cherrywood Road is a modern, two-storey family home in the sought-after Bridgwater Trails neighbourhood. Built in 2018, it offers a move-in-ready foundation with a spacious 2,365 sqft layout, an attached garage, and a generous 4,888 sqft lot. Its appeal lies in its strong positional value: it ranks in the top tiers for both living area and lot size compared to most homes on its street and in the wider community. The home presents a solid, modern canvas in a prime location.

This property is ideally suited for growing families or professionals seeking a well-established, newer community with top-rated schools and amenities. It’s also a compelling option for value-focused buyers who see potential in a home with an unrenovated basement, allowing for future customization and equity growth. The data suggests it’s a home that has historically held its value well, outperforming a significant majority of Winnipeg properties in its last sale price.


Frequently Asked Questions

1. What is the neighbourhood like?
Bridgwater Trails is a master-planned community in Winnipeg known for its parks, pathways, and family-friendly atmosphere. It features modern amenities, shopping plazas, and is popular for its newer housing stock and community feel.

2. Is the basement finished?
No, the basement is not renovated. This presents a blank slate for future expansion, such as adding a rec room, home office, or additional bedrooms, allowing you to customize the space to your needs.

3. How does this home compare in size to others nearby?
With 2,365 sqft of living space, this home is larger than 91% of homes on Cherrywood Road and 87% of homes in Bridgwater Trails, offering above-average interior space for the area.

4. What does the assessed value versus last sale price indicate?
The current assessed value is $62.40k, while it last sold in October 2021 for $72.60k. It's important to discuss this with your real estate agent to understand current market dynamics, as assessed value for tax purposes doesn't always directly equate to market value.

5. Are there any obvious concerns from the data provided?
The data shows no major red flags; in fact, the home ranks highly in key metrics. The main consideration is the unrenovated basement, which is a matter of preference—either a project or an opportunity. The consistent high ranking in value and size against comparables suggests a well-positioned property.

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