84 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

82.0

Excellent

Overall 82.0 · Compared with neighbourhood average

1,622 sqft (bottom 39%) · Built in 2017 (2 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: 3 parks nearby

Living Area

Below average

12% smaller than neighborhood avg.

Year Built

Below average

2 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 Area1,622 sqft83Excellent
Year Built201797Excellent
Lot Size4,460 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
1,622 sqft
0255075100
Same streetBottom 26%Same areaBottom 39%CitywideTop 24%
Same street · Cherrywood Road
#121 / 163
Bottom 26% · Avg 1,895 sqft
Same area · Bridgwater Trails
#778 / 1,282
Bottom 39% · Avg 1,849 sqft
Citywide · Winnipeg
#47,065 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
475k
0255075100
Same streetBottom 15%Same areaBottom 24%CitywideTop 24%
Same street · Cherrywood Road
#138 / 163
Bottom 15% · Avg 558.6k
Same area · Bridgwater Trails
#970 / 1,282
Bottom 24% · Avg 596.2k
Citywide · Winnipeg
#46,653 / 194,458
Top 24% · Avg 390.1k

Year Built

Elite
2017
0255075100
Same streetBottom 34%Same areaBottom 31%CitywideTop 5%

Lot Size

around average
4,460 sqft
0255075100
Same streetBottom 26%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

84 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 227 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 6/2020CA$400k–450k
Sold price

Same street

Bottom 14%

Same area

Bottom 30%

City-wide

Top 28%
Sold 8/2017CA$350k–400k
Sold price

Same street

Bottom 5%

Same area

Bottom 17%

City-wide

Top 40%

Related homes

Highlights & common questions: 84 Cherrywood Road, Winnipeg

Property Overview: 84 Cherrywood Road, Bridgwater Trails

Key Characteristics & Appeal

This 2017-built, two-storey home in the Bridgwater Trails neighbourhood offers modern living in a well-established community. With 1,622 sqft of living space on a 4,460 sqft lot, it balances comfortable interior size with a manageable yard. Key features include a detached garage and an unfinished basement, presenting a blank canvas for future expansion or customization.

The primary appeal lies in its relative newness and location within a popular, master-planned area known for its pathways and amenities. The home’s assessed value ranks higher than most properties across Winnipeg, suggesting a solid foundation of value for its age. However, the rankings within its immediate street and neighbourhood are more modest, indicating it’s a typical, well-priced home in its area rather than a standout. This creates an opportunity for buyers seeking a modern, low-maintenance property without a premium price tag for top-tier finishes or size.

It would suit first-time buyers or young families looking for a move-in-ready home in a community-focused area, as well as value-oriented buyers who appreciate the potential to add value through a basement development down the line. The data suggests a buyer who prioritizes a newer build and community amenities over having the largest or most elite property on the block.


Frequently Asked Questions

1. How does this property really compare to others nearby?
While its assessed value is strong city-wide, it ranks in the middle of the pack within Bridgwater Trails. This means you’re getting a solid, modern home that is competitively positioned without paying for the neighbourhood’s highest-tier properties.

2. What does the sale history indicate?
The home sold for $42.5k in 2020 and $37.3k in 2017. It’s crucial to clarify these figures with a real estate professional, as they likely represent partial data or non-arms-length transactions and do not reflect the full market price. The current assessed value of $47.50k is a more relevant public benchmark for municipal taxation.

3. Is the unfinished basement a drawback or an opportunity?
This is a key consideration. It keeps the initial price point accessible but requires additional investment to finish. For buyers with specific vision or who want to customize the space themselves, it’s a significant opportunity.

4. How does the lot size and ranking affect daily living?
The lot is a standard size for the area. The “better than 26%” ranking on the street suggests lots on the street vary, and this one is on the smaller side. This translates to less yard maintenance but also less private outdoor space.

5. What is the significance of the “For Reference” comparable properties listed?
These listings show similar homes in Bridgwater Trails with close assessed values and living areas. They confirm this property is priced consistently within its peer group, which includes homes on different streets and with slightly different specs, helping to validate its market position.

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