88 Cherrywood Road

Bridgwater Trails, Winnipeg

Property score

85.2

Excellent

Overall 85.2 · Compared with neighbourhood average

1,904 sqft (top 38%) · 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

Near average

3% larger 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

85.2 is composed by the two sections below.

Property Score

87.0Excellent
Living Area92
1,904 sqftExcellent
Year Built97
2017Excellent
Lot Size53
4,460 sqftFair
Neighbourhood Sales Activity89
Excellent

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

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
1,904 sqft
0255075100
Same streetTop 46%Same areaTop 38%CitywideTop 13%
Same street · Cherrywood Road
#75 / 163
Top 46% · Avg 1,895 sqft
Same area · Bridgwater Trails
#490 / 1,282
Top 38% · Avg 1,849 sqft
Citywide · Winnipeg
#25,924 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
519k
0255075100
Same streetBottom 35%Same areaBottom 47%CitywideTop 17%
Same street · Cherrywood Road
#106 / 163
Bottom 35% · Avg 558.6k
Same area · Bridgwater Trails
#683 / 1,282
Bottom 47% · Avg 596.2k
Citywide · Winnipeg
#32,778 / 194,458
Top 17% · 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

88 Cherrywood Road — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 224 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 9/2017CA$400k–450k
Sold price

Same street

Bottom 10%

Same area

Bottom 25%

City-wide

Top 33%

Related homes

Highlights & common questions: 88 Cherrywood Road, Winnipeg

Property Overview: 88 Cherrywood Road, Bridgwater Trails, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2017, offering a low-maintenance start in the popular Bridgwater Trails community. Its key appeal lies in its balance of contemporary build quality and established neighbourhood living. With 1,904 sqft of living space and a generous 4,460 sqft lot, it provides ample room for a growing family. The home features a detached garage and an unfinished basement, presenting a clean slate for future customization.

The property’s strength is its relative newness within the broader Winnipeg market, ranking newer than 94% of city homes. It suits first-time buyers or young families looking for a move-in-ready home in a planned community without the wait of new construction. It also appeals to the practical buyer who sees value in an unrenovated basement—it’s a project space without the urgency or hidden issues of an older home. A thoughtful perspective is that while the home ranks in the middle of its immediate street for metrics like size and assessed value, it offers stability; you’re not overpaying for the top-tier lot on the block, but you’re acquiring a solid, modern property in a desirable area.

Section 2: Frequently Asked Questions

1. What is the neighbourhood like?
Bridgwater Trails is a master-planned community in south Winnipeg known for its parks, pathways, and family-friendly amenities. It offers a suburban feel with modern infrastructure.

2. Is the basement finished?
No, the basement is unfinished. This is often seen as a positive for buyers wanting to customize the space to their own needs and budget, without needing to undo previous renovations.

3. How does this property compare to others on the street?
The home’s living area is larger than 54% of homes on Cherrywood Road, and its lot is larger than 74%. Its assessed value is higher than 35% of street properties, indicating it is reasonably positioned among its direct neighbours.

4. What does the assessed value ranking mean for Winnipeg?
The assessed value of $519,000 is higher than 85% of all residential properties in Winnipeg, placing it in the top 15%. This suggests it is a above-average value home for the city market as a whole.

5. Are there any immediate concerns from the sales history?
The home last sold in 2017 for $403,000. The significant increase in assessed value since then is consistent with market trends for newer homes in developing communities over that period, but it’s always wise to have a current market evaluation done.