68 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

76.1

Good

Overall 76.1 · Smaller and older than most nearby homes

1,279 sqft (bottom 4%) · Built in 2015 (4 yrs older than avg)

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

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 4 parks nearby

Living Area

Below average

31% 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

76.1 is composed by the two sections below.

Property Score

71.8Good
Living Area1,279 sqft66Good
Year Built201594Excellent
Lot Size4,718 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

around average
1,279 sqft
0255075100
Same streetBottom 1%Same areaBottom 4%CitywideTop 43%
Same street · Cherrywood Road
#161 / 163
Bottom 1% · Avg 1,895 sqft
Same area · Bridgwater Trails
#1,233 / 1,282
Bottom 4% · Avg 1,849 sqft
Citywide · Winnipeg
#83,794 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
437k
0255075100
Same streetBottom 1%Same areaBottom 4%CitywideTop 31%
Same street · Cherrywood Road
#162 / 163
Bottom 1% · Avg 558.6k
Same area · Bridgwater Trails
#1,232 / 1,282
Bottom 4% · Avg 596.2k
Citywide · Winnipeg
#59,661 / 194,458
Top 31% · Avg 390.1k

Year Built

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

Lot Size

around average
4,718 sqft
0255075100
Same streetTop 43%Same areaTop 50%CitywideBottom 38%

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

68 Cherrywood Road — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 244 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 10/2019CA$400k–450k
Sold price

Same street

Bottom 12%

Same area

Bottom 26%

City-wide

Top 32%

Related homes

Highlights & common questions: 68 Cherrywood Road, Winnipeg

Property Overview & Key Characteristics

68 Cherrywood Road is a well-maintained, one-storey home built in 2015, situated on a generous lot in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of a newer build, a substantial land area, and a competitive price point. The home features a detached garage and an unfinished basement, presenting a straightforward layout with room for future customization.

This property is well-suited for first-time buyers or practical downsizers who prioritize lot size and a modern building envelope over interior square footage. It’s a home that offers a solid foundation in a sought-after community, where the value is in the land and the structure's condition, not in high-end finishes. A thoughtful perspective for buyers is to see the unfinished basement and modest living area not as limitations, but as a blank canvas and an opportunity to avoid paying a premium for someone else’s renovations, allowing for personalization over time.

Frequently Asked Questions

1. How does the living area compare to other homes in the area?
At 1,279 sqft, the living space is notably smaller than many comparable homes in Bridgwater Trails, placing it in the bottom tier for the neighbourhood. This is a key factor in its accessible pricing.

2. Why is the assessed value significantly lower than some nearby properties?
The assessed value of $43.70k reflects the home’s smaller size and more basic specifications compared to larger, more updated homes on the street. It indicates a property that is likely assessed closer to its essential structure and land value.

3. What are the pros and cons of an unfinished basement?
The main advantage is cost savings upfront and the freedom to finish it to your own taste and budget later. The downside is the immediate need for investment to create additional living or storage space.

4. The home ranks low for its "year built" on its street. What does that mean?
While the home itself is relatively new (2015), this ranking indicates that most of the other homes on Cherrywood Road were built even more recently. It doesn't reflect an old home, but rather one of the earlier builds in this phase of the community.

5. Who would this property not be a good fit for?
It may not suit buyers who need significant move-in-ready space, desire a fully developed basement, or who prioritize having a home that ranks highly in size relative to its immediate neighbours. It’s a value-oriented choice, not a premium one.

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