Property Overview: 144 Cherrywood Road, Bridgwater Trails, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2015, offers a practical layout with nearly 2,000 sq ft of living space on a generous 3,777 sq ft lot. Its key appeal lies in its modern age and efficient use of space within a sought-after, newer neighbourhood. The home ranks highly for its size and year built compared to much of Winnipeg, suggesting a relatively contemporary design and above-average roominess for the city.
The property suits first-time buyers or young families looking for a move-in-ready home in a modern community without the premium of a brand-new build. Its detached garage and unrenovated basement present a clean slate for future projects, appealing to those who value potential over a fully finished product. A thoughtful perspective: while its rankings within its immediate street and neighbourhood are modest, its strong standing city-wide indicates it represents a solid, middle-ground option—offering more space and newer construction than many Winnipeg homes, but within a competitive local market where direct comparisons are tough.
Section 2: Frequently Asked Questions
1. How does the sold price from December 2024 compare to the current assessed value?
The home sold for $454,700 in December 2024, which is significantly higher than its $512,000 assessed value. It’s important to consult with a real estate professional to understand current market conditions, as assessed value for taxes doesn't always align directly with market value.
2. What does the "ranking" data actually tell me?
The rankings compare this property against others on the same street, in Bridgwater Trails, and across Winnipeg. For example, its lot size ranks in the top 92% in Winnipeg (very large city-wide) but only better than 8% on its own street, meaning lots on Cherrywood Road are typically larger.
3. Is the basement finished?
No, the basement is noted as "not renovated." This means it is likely undeveloped, offering storage space and the potential for future customization.
4. What are the comparable homes in the area like?
The listing references nearby homes with similar living areas (like 249 Appleford Gate at 1,938 sq ft) and assessed values. These are useful for a general comparison, but factors like layout, upgrades, and lot specifics will cause price variations.
5. The home sold recently. What should I consider?
As a very recent sale, any new listing would likely be influenced by that December 2024 sale price. A buyer should investigate why it was sold and if any changes have been made since, as this recent transaction sets a clear benchmark for the property's market value.