Property Summary: 200 Cherrywood Road, Bridgwater Trails
Section 1: Overview & Appeal
This is a modern, one-storey home built in 2017, situated on a generous lot in the popular Bridgwater Trails neighbourhood. Its key characteristics include a detached garage, an unfinished basement, and a practical single-level layout with 1,288 sq ft of living space.
The primary appeal lies in its balance of a newer build, low-maintenance living, and future potential. The home is notably newer than most in Winnipeg, offering contemporary construction and systems. The unfinished basement presents a significant opportunity for customization and added value to suit a buyer's specific needs. While the living area is compact, the lot size is above average for the immediate street, providing good outdoor space.
This property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the worries of older infrastructure. It’s also a sensible choice for a pragmatic buyer who views the basement not as a drawback, but as a blank canvas to create additional living space, a home gym, or a workshop, thereby increasing the home’s utility and value on their own terms.
Section 2: Frequently Asked Questions
1. How does this home rank for size in the area?
The living space is more compact compared to most homes on the street and in Bridgwater Trails. However, the lot size is larger than many neighbouring properties, offering valuable outdoor space.
2. What does the assessed value tell us?
The current assessed value of $440k is higher than most homes on this specific street, but it aligns with the broader Winnipeg market. This suggests the valuation is influenced more by the home's newer age and city-wide trends than by its immediate location on this block.
3. Is the unfinished basement a major drawback?
Not necessarily. For many buyers, an unfinished basement is an opportunity. It allows for customization without the need to undo previous renovations and can be finished to match your exact preferences and budget over time.
4. The home sold in 2020 for $393k. What does that indicate?
The price history shows significant appreciation since 2020, reflecting strong market trends. It underscores that this is a newer property in a sought-after community, factors that have contributed to its increased value.
5. Who is the typical buyer in Bridgwater Trails?
Bridgwater Trails is a family-oriented, master-planned community known for its pathways, parks, and modern amenities. Buyers are often attracted to the neighbourhood's contemporary feel and community layout, making it a good fit for professionals, young families, and those seeking a suburban lifestyle with newer home options.