81 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

87.9

Excellent

Overall 87.9 · Larger than most nearby homes

2,359 sqft (top 15%) · Built in 2019

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: 3 parks nearby

Living Area

Above average

28% larger than neighborhood avg.

Year Built

Near average

0 yrs newer 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

87.9 is composed by the two sections below.

Property Score

91.5Excellent
Living Area2,359 sqft96Excellent
Year Built201997Excellent
Lot Size5,135 sqft67Good
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
2,359 sqft
0255075100
Same streetTop 14%Same areaTop 15%CitywideTop 4%
Same street · Cherrywood Road
#23 / 163
Top 14% · Avg 1,895 sqft
Same area · Bridgwater Trails
#186 / 1,282
Top 15% · Avg 1,849 sqft
Citywide · Winnipeg
#8,117 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
708k
0255075100
Same streetTop 3%Same areaTop 15%CitywideTop 4%
Same street · Cherrywood Road
#5 / 163
Top 3% · Avg 558.6k
Same area · Bridgwater Trails
#191 / 1,282
Top 15% · Avg 596.2k
Citywide · Winnipeg
#7,175 / 194,458
Top 4% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 33%Same areaTop 35%CitywideTop 4%

Lot Size

above average
5,135 sqft
0255075100
Same streetTop 20%Same areaTop 39%CitywideBottom 49%

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

81 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 282 m).

Search radius
🌳Parks3

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 11/2022CA$700k–750k
Sold price

Same street

Top 8%

Same area

Top 11%

City-wide

Top 3%
Sold 5/2019CA$500k–550k
Sold price

Same street

Bottom 41%

Same area

Top 45%

City-wide

Top 16%

Related homes

Highlights & common questions: 81 Cherrywood Road, Winnipeg

Property Overview & Key Characteristics

This two-storey home at 81 Cherrywood Road in Bridgwater Trails is a modern, well-sized property built in 2019. Its primary appeal lies in its combination of above-average space, recent construction, and a strong value position within its immediate area. With 2,359 sqft of living space, it is larger than approximately 85% of homes in its neighbourhood and sits on a 5,135 sqft lot. A key feature is the renovated basement, adding to its functional living area. The home’s assessed value and recent 2022 sale price rank it in the top 15% and top 3% of the neighbourhood, respectively, indicating a premium property for the area.

The property would suit buyers looking for a move-in ready, modern home in a newer suburb who prioritize space and established value. It’s particularly suited for growing families or professionals seeking a home that already stands out in terms of size and relative investment within its community, without being a project. A thoughtful perspective is that while newer, the 2019 build date means the home is just past its initial builder warranty period, a point for due diligence but also past most early-construction settling issues.


Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks highly. It's in the top 20% for lot size, top 14% for living area, and top 3% for assessed value on Cherrywood Road, indicating it is one of the larger and more valuable properties on the street.

2. What does the sale history tell us?
The home sold for $730k in November 2022. Prior to that, it was purchased as a new build for $505k in May 2019. This history shows significant appreciation in its first three years.

3. Is the basement development original?
No. The listing specifies the basement has been renovated, meaning it was finished after the initial build, potentially adding valuable living space.

4. How does its value hold up in the wider Winnipeg context?
Exceptionally well. Its assessed value places it in the top 3% of all Winnipeg properties, and its living area is in the top 4%. This suggests it offers more space and value than the vast majority of city homes.

5. What are the comparable nearby properties like?
The provided comparables in Bridgwater Trails are generally older (2015-2018) and have smaller living areas (ranging from 1,564 to 2,289 sqft), with lower assessed values. This underscores that 81 Cherrywood Road is a newer, larger, and higher-valued option within the same neighbourhood.

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