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Winnipeg Real Estate – Home Prices, Sales History & Market Trends

House

224 Cherrywood Road

BasementYes, renovated
PoolNo
GarageNone
Building TypeTwo Storey

Map

Redder color means more recent sale.

Yellow star means multiple sale records.

Neighbourhood sales statistics

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.

Data summary (Winnipeg / bridgwater trails / Detached houses (non-condo) / 2024): ~$50k bands. The largest share is $500K–$550K (about 23.1%). Second-largest band: $550K–$600K (about 19.8%); top two together about 42.9%. About 91 sales in this view (sample size check).

All figures above are based on real sold transaction data analysis; for source details, see

Rankings

Living Area

1,640 sqft

Same street

111/163
Top 68%
Avg1,895 sqft

Same area

734/1282
Top 57%
Avg1,849 sqft

City-wide

45475/194458
Top 23%
Avg1,342 sqft

224 Cherrywood Road: Living Area Analysis

  • Street Level (Cherrywood Road): Around Average. Ranked #111 out of 163 (Top 68%). The average living area for comparable homes on this street is 1,895 sqft.
  • Neighborhood Level (Bridgwater Trails): Around Average. Ranked #734 out of 1,282 (Top 57%). The neighborhood average for this group is 1,849 sqft.
  • Citywide Level (Winnipeg): Above Average. Ranked #45,475 out of 194,458 (Top 23%). The citywide average for comparable homes is 1,342 sqft.

Assessed Value

497k

Same street

122/163
Top 75%
Avg558.6k

Same area

814/1282
Top 63%
Avg596.2k

City-wide

39343/194458
Top 20%
Avg390.1k

224 Cherrywood Road: Assessed Value Analysis

  • Street Level (Cherrywood Road): Below Average. Ranked #122 out of 163 (Top 75%). The average assessed value for comparable homes on this street is 558.6k.
  • Neighborhood Level (Bridgwater Trails): Around Average. Ranked #814 out of 1,282 (Top 63%). The neighborhood average for this group is 596.2k.
  • Citywide Level (Winnipeg): Above Average. Ranked #39,343 out of 194,458 (Top 20%). The citywide average for comparable homes is 390.1k.

Year Built

2019

Same street

53/163
Top 33%
Avg2018

Same area

443/1282
Top 35%
Avg2019

City-wide

6832/194458
Top 4%
Avg1966

224 Cherrywood Road: Year Built Analysis

  • Street Level (Cherrywood Road): Around Average. Ranked #53 out of 163 (Top 33%). The average year built for comparable homes on this street is 2018.
  • Neighborhood Level (Bridgwater Trails): Around Average. Ranked #443 out of 1,282 (Top 35%). The neighborhood average for this group is 2019.
  • Citywide Level (Winnipeg): Elite. Ranked #6,832 out of 194,458 (Top 4%). The citywide average for comparable homes is 1966.

Land Area

4,575 sqft

Same street

118/163
Top 72%
Avg4,814 sqft

Same area

726/1282
Top 57%
Avg5,455 sqft

City-wide

125729/194458
Top 65%
Avg6,570 sqft

224 Cherrywood Road: Land Area Analysis

  • Street Level (Cherrywood Road): Below Average. Ranked #118 out of 163 (Top 72%). The average land area for comparable homes on this street is 4,814 sqft.
  • Neighborhood Level (Bridgwater Trails): Around Average. Ranked #726 out of 1,282 (Top 57%). The neighborhood average for this group is 5,455 sqft.
  • Citywide Level (Winnipeg): Around Average. Ranked #125,729 out of 194,458 (Top 65%). The citywide average for comparable homes is 6,570 sqft.

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.

Sales History

Sold 2/2019CA$350k–400k
Sold price

Same street

Top 98%

Same area

Top 87%

City-wide

Top 43%

224 Cherrywood Road · Sold transaction data notes

Data source:

Sold prices are based on publicly available internet data. We do not guarantee accuracy; figures have had limited verification and are reasonably reliable. Data is not sourced from the MLS and does not involve MLS copyright.

Coverage:

Sold price data from January 2016 through April 2025; some months may be missing.

Precision:

If you are not signed in, we show sold price ranges in CA$50k bands, not exact amounts. To see exact sold prices, please create an account and sign in.

How do I get fully verified figures?

Because of industry association rules, this system does not include MLS sold records and does not display them on the site. If you need a property’s full transaction history and exact figures, email us. We will look them up manually and send them by email. You can email us or leave your email below (if you are already logged in, we have your email—click the button to request). We will send exact sold prices by email. Manual lookup and sending may take until the end of the same day at the latest. No tricks—we will not use your email for ads or spam.

Request exact figures by email

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Highlights & common questions: 224 Cherrywood Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Trails offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2019, its key appeal lies in being a relatively new build that combines contemporary living with an established neighbourhood feel. The home sits on a generous 4,575 sqft lot and features 1,640 sqft of living space, placing it comfortably above average for the city. A significant highlight is the renovated basement, which adds valuable finished space. While it does not have a garage or pool, its strong suit is its efficient, move-in-ready condition and the desirability of the Bridgwater area.

The property is well-suited for first-time buyers or young families looking for a modern home without the wait and uncertainties of new construction. It also appeals to downsizers seeking a single-family home with a manageable yard and newer systems, minimizing immediate repair concerns. A thoughtful perspective: its assessed value ranks higher than its sale price history suggests, which may indicate solid underlying value relative to the immediate area. The lot size is notably larger than many in the street, offering better outdoor potential than some neighbouring properties.

Frequently Asked Questions

1. What are the main advantages of a 2019 build?
You benefit from modern building codes, energy efficiency, and contemporary layouts, while avoiding the potential settling issues and landscape development phase of a brand-new home. Major components like the roof, HVAC, and appliances are likely still under or just beyond their original warranties.

2. How does the lack of a garage impact daily life and value?
This is a key consideration for vehicle protection and storage. Buyers should plan for driveway parking and potentially investing in a shed or creative storage solutions. The trade-off is often a lower purchase price compared to similar homes with garages in the area.

3. The assessed value is significantly higher than the last sale price. What does this mean?
The assessed value is used for municipal tax purposes and reflects the city’s valuation. The gap between it and the last sale price (from 2019) primarily shows market appreciation over time. It should not be interpreted as the current market price, but it does suggest the property has gained substantial value since its original purchase.

4. Is the renovated basement included in the living area square footage?
Typically, no. The listed living area (1,640 sqft) almost certainly refers to the above-grade space. The renovated basement adds additional, valuable finished square footage that is not reflected in that main figure.

5. The lot is larger than many on the street. What are the benefits?
A larger lot (4,575 sqft) provides more private outdoor space, greater distance from neighbours, and increased flexibility for gardening, play areas, or future additions like a deck or shed. It’s a less obvious advantage that contributes to the property’s long-term appeal.

Nearby & similar assessment

Map & Street View