60 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

82.0

Excellent

Overall 82.0 · Older than most nearby homes

1,638 sqft (bottom 41%) · Built in 2016 (3 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

3 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

82.0 is composed by the two sections below.

Property Score

81.6Excellent
Living Area1,638 sqft83Excellent
Year Built201697Excellent
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
1,638 sqft
0255075100
Same streetBottom 29%Same areaBottom 41%CitywideTop 23%
Same street · Cherrywood Road
#116 / 163
Bottom 29% · Avg 1,895 sqft
Same area · Bridgwater Trails
#752 / 1,282
Bottom 41% · Avg 1,849 sqft
Citywide · Winnipeg
#45,679 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
480k
0255075100
Same streetBottom 20%Same areaBottom 27%CitywideTop 23%
Same street · Cherrywood Road
#131 / 163
Bottom 20% · Avg 558.6k
Same area · Bridgwater Trails
#937 / 1,282
Bottom 27% · Avg 596.2k
Citywide · Winnipeg
#44,996 / 194,458
Top 23% · Avg 390.1k

Year Built

above average
2016
0255075100
Same streetBottom 12%Same areaBottom 16%CitywideTop 6%

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

60 Cherrywood Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 255 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 3/2024CA$500k–550k
Sold price

Same street

Bottom 38%

Same area

Top 46%

City-wide

Top 16%
Sold 2/2020CA$400k–450k
Sold price

Same street

Bottom 13%

Same area

Bottom 27%

City-wide

Top 32%
Sold 4/2016CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 6%

City-wide

Top 47%

Related homes

Highlights & common questions: 60 Cherrywood Road, Winnipeg

Property Overview & Key Characteristics

This two-storey home in Bridgwater Trails offers a practical, modern foundation in a sought-after neighbourhood. Built in 2016, its key appeal lies in a balanced combination of a relatively new build, a generous 4,459 sqft lot, and a layout with 1,638 sqft of living space. The home presents as a solid, unrenovated canvas, featuring a detached garage and an unfinished basement ready for future customization.

Its value is underscored by steady appreciation, with a recent sale price of $500k in March 2024, aligning closely with its current $480k assessed value. While the home ranks in the middle of its immediate street for size and value, it stands out on a city-wide scale, ranking newer than 93% and larger than 79% of Winnipeg homes. This suggests a property that offers more space and modernity than the typical Winnipeg home, but within a street of similar, newer properties.

The home would suit first-time buyers or young families looking for a move-in-ready home in a modern community without paying a premium for high-end finishes. It’s also a fit for value-conscious buyers who see potential in personalizing an unfinished basement over time, adding equity through sweat equity rather than upfront cost.


Frequently Asked Questions

1. Is the basement developed?
No, the basement is unfinished. This presents both a cost-saving on the purchase price and a future opportunity to customize the space to your specific needs.

2. How does this property compare to others on the street?
The home sits in the middle to upper-middle range on Cherrywood Road for lot size and living area. It is, however, one of the older homes on a street of very new builds, which is reflected in its ranking for year built.

3. What does the sale history indicate?
The sale history shows strong and consistent appreciation from its 2016 purchase, with a significant jump between 2020 and 2024. The close alignment of the last sale price with the current assessed value suggests a stable, realistic market price.

4. What is the neighbourhood like?
Bridgwater Trails is a modern, master-planned community in Winnipeg. The provided comparable properties all sit within this neighbourhood, indicating a consistent and desirable area with homes of similar age, style, and value.

5. Are there any immediate concerns or drawbacks?
The home is described as "not renovated," so buyers should budget for any cosmetic updates. As a home now eight years old, a thorough inspection of builder-grade components (like appliances, flooring, and HVAC) reaching their typical lifespan would be prudent.

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