Property Overview: 287 Cherrywood Road, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, one-storey home built in 2020, situated on a generous 4,667 sqft lot in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of contemporary construction and low-maintenance living. The home is notably newer than most in Winnipeg (ranking in the top 3%), offering modern building standards and systems without the need for immediate updates. It features an attached garage and a full, unrenovated basement, presenting a clean canvas for future expansion.
The property suits first-time buyers or downsizers seeking a manageable, single-level layout in a well-regarded community. Its strong value retention is evidenced by a significant increase from its 2020 sale price to its current assessment. A thoughtful perspective is that while the living area is modest compared to some neighbours, this is offset by the premium of a newer build and a larger-than-average lot, providing valuable outdoor space and future potential. It’s a practical choice for those prioritizing a modern, move-in-ready home with the long-term option to customize the basement.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The assessed value has risen steadily and is competitive, ranking higher than most homes in Winnipeg. Given its newer age and lot size, it represents a solid entry point into a desirable area.
2. What does the "unrenovated basement" mean?
The basement is finished but in its original state from 2020. It’s functional and clean, but hasn’t been upgraded. This is often seen as a positive, allowing the next owner to personalize the space to their taste without needing to demolish old renovations.
3. Who would this home not be ideal for?
It may not suit buyers needing extensive square footage on the main floor or those looking for a fully updated, turn-key property with a finished basement. It's better suited for those who value newer construction over maximum interior size.
4. How does the lot size compare?
At 4,667 sqft, the lot is a key asset, larger than over half the lots on the street. This provides above-average outdoor space for the area, which is appealing for gardening, recreation, or future additions.
5. What is the community like?
Bridgwater Trails is a master-planned, family-oriented neighbourhood with pathways and parks. This home’s location on a quiet street, with very similar neighbouring houses, offers a consistent and established community feel.