Property Overview & Appeal
This two-storey home on Cherrywood Road in Bridgwater Trails is a modern, low-maintenance property built in 2018. Its key appeal lies in its strong position within a newer, family-oriented neighbourhood. The home features a generous living area of over 2,000 sqft, an attached garage, and a full (though unrenovated) basement on a nearly 5,000 sqft lot. The data suggests a well-maintained and efficiently designed home that ranks highly for its size and value compared to most of Winnipeg, particularly among newer builds.
Its strengths are clear in the numbers: it consistently ranks in the top third of its own street for lot size, living area, and value, and it sits in the top 10% citywide for living space and assessed value. This indicates a property that has kept pace with or exceeded area norms. The 2021 sale price was notably strong for the area at the time. It would suit buyers looking for a move-in ready, modern home in a planned community, ideal for young families or professionals who value space and newer construction without the immediate need for major updates. A thoughtful perspective is that the unrenovated basement presents a straightforward blank canvas for future expansion, allowing new owners to add value on their own terms without first undoing someone else’s project.
Frequently Asked Questions
How does this home truly compare to others in Bridgwater Trails?
The data shows it performs above average in the neighbourhood for key metrics like living area and assessed value. It has more living space than 73% of area homes and a higher assessed value than 70%. This suggests it's a sizeable and well-regarded property within this specific community.
Is the price fair based on its history and value?
The home last sold in 2021 for $66.5k, a price that was in the top 10% for its street at the time. Its current assessed value is $60.60k. This historical context indicates the property has traditionally commanded strong value, but any listing price should be evaluated against current market conditions and recent comparable sales.
What does "basement, not renovated" imply?
It means the lower level is unfinished or in its original builder state. This is common for homes of this age in the area. It’s a functional space for storage or utilities but would require investment to become a livable rec room or suite. For some, this is a downside; for others, it's an opportunity to customize without removing prior renovations.
The home ranks in the top 5% citywide for year built. Why is that significant?
Being newer than 95% of homes in Winnipeg means it likely benefits from modern building codes, materials, and energy efficiency standards. This can translate to lower immediate maintenance costs and potentially lower utility bills compared to much of the city's older housing stock.
Who would this neighbourhood suit best?
Bridgwater Trails is a master-planned community. It typically appeals to those seeking a suburban lifestyle with newer amenities, parks, and trails. It's well-suited for families and those who prefer a clean, contemporary community feel. The proximity to similar nearby properties, as listed, indicates a consistent and cohesive streetscape.