Property Overview: 241 Cherrywood Road, Bridgwater Trails
Key Characteristics & Buyer Appeal
This two-storey home, built in 2020, presents a modern, low-maintenance living opportunity in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of contemporary construction and established community. The home features a generous 2,365 sqft of living space, ranking it in the top tier for size both on its street and within the wider area, and sits on a standard 4,667 sqft lot. It includes an attached garage and an unfinished basement, offering valuable space for future customization.
The property’s standout strength is its modern age combined with strong value metrics. It ranks better than 97% of Winnipeg homes for its newness and in the top 10% locally for living area, suggesting a well-sized, contemporary home that should have years of major systems and finishes remaining under typical warranty periods. Its current assessed value has seen appreciable growth from its 2020 sale price. This combination suits buyers seeking a move-in ready, recently built home without the wait and uncertainties of new construction, and who value the potential to personalize the basement over time. It’s an ideal fit for young families or professionals looking for space and modern comforts in a developed, amenity-rich suburban community.
Frequently Asked Questions
1. What does the "unfinished basement" entail?
The basement is included but has not been renovated. It provides a blank canvas for future development—such as adding extra bedrooms, a recreational room, or storage—but will require a full build-out at the buyer's expense.
2. How does the assessed value compare to the likely asking or market price?
The assessed value is for municipal tax purposes and is typically not the sale price. This home's assessed value has risen significantly since its last sale, reflecting market growth. Buyers should expect the market price to be influenced by current conditions, recent comparable sales, and the home's modern features.
3. The home ranks highly for size and newness, but the lot size ranking is average. What does this mean?
It indicates the home itself is larger and newer than many in the area, but the property land is typical for the neighbourhood. The appeal is in the interior space and modern build rather than an exceptionally large yard.
4. Bridgwater Trails is a large community. What is this specific part like?
Located on Cherrywood Road, the property is in a settled, low-traffic residential section. The proximity to nearby Willow Creek Road and the provided nearby addresses suggest a tight-knit, family-oriented streetscape with consistent, modern housing.
5. What are the potential reasons for selling a relatively new home?
While specific reasons are unknown, common scenarios for homes of this age include life-stage changes (upsizing, relocation), or the original owners having purchased it as a new build and now moving on. The solid value growth may also present a natural point for equity realization.