Property Overview: 280 Cherrywood Road, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2019, offers modern living in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in being a relatively new, low-maintenance property with strong statistical rankings for its size and value within its immediate area. With 2,255 sqft of living space and an attached garage, it suits growing families or professionals seeking a turnkey home in a developed community.
The data suggests a compelling value proposition. The home ranks in the top 20% on its street for living area and assessed value, indicating it's a larger, well-appraised property compared to many neighbours. Its 2019 build date means it's newer than approximately 96% of homes in Winnipeg, offering contemporary building standards and minimal immediate repair concerns. The unrenovated basement presents a clean canvas for future customization.
This property would best suit pragmatic buyers who value modern efficiency and community amenities over historic character. It's ideal for those who appreciate quantifiable metrics—seeing that the home outperforms most peers in size and value can provide confidence. It may also attract buyers looking for a "blank slate" in the basement to tailor to their specific needs, avoiding the cost of undoing someone else's renovations.
Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Trails is a master-planned, family-oriented community in Winnipeg. It features extensive pathways, parks, and nearby shopping plazas. The high density of homes built in the last decade suggests a community of similar-aged families.
2. Why is the current assessed value different from the last sale price?
The home sold for $67.5k in 2021. The current assessed value is $62.50k. It's important to note that municipal assessed value for taxation purposes is not the same as market value and can be influenced by different formulas and timing.
3. What does "basement, not renovated" imply?
It indicates the basement is finished to a basic, functional standard but lacks upgraded finishes or customizations. This can be a positive for buyers who want to design the space themselves without first demolishing an existing renovation.
4. How does this home compare to others on the street?
The data shows it ranks highly for size, value, and newness on Cherrywood Road. It has more living space than 80% of street neighbours and is newer than 67% of them, suggesting it's one of the larger and more modern homes on the block.
5. What are the utility costs for a home of this age and size?
While specific costs aren't listed, a 2019 build typically means modern, energy-efficient windows, insulation, and HVAC systems. Prospective buyers should request historical utility bills from the seller for the most accurate estimate.