Property Overview: 308 Cherrywood Road, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This well-situated two-storey home in Bridgwater Trails offers a balanced, modern living package. Built in 2018, it provides the benefits of a relatively new construction without the premium of a brand-new build. The home features a functional 1,916 sqft layout, an attached garage, and a full (though unrenovated) basement offering potential for future customization.
Its primary appeal lies in its strong value positioning within a desirable newer community. The data indicates it outperforms most of Winnipeg in key metrics like living space, assessed value, and year built, suggesting a quality home for the price point. A standout detail is its 2021 sale price, which ranked in the top 10% for its street and top 4% city-wide for that period, hinting at a history of solid value retention in its micro-market.
This property would suit practical, value-conscious buyers—perhaps young families or professionals—seeking a move-in ready home in a modern neighbourhood. It’s ideal for those who appreciate a home with a recent build date for peace of mind on major systems, but who may also see the unfinished basement as a blank canvas rather than a drawback. The strong historical sales data might also attract buyers with an eye for long-term stability over speculative gains.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. This presents an opportunity for future expansion and customization to suit your needs, but would require an investment to finish.
2. How does this home compare to others in the area?
The home ranks above average on its street and in Bridgwater Trails for living area and lot size. Its 2018 build date is newer than approximately 95% of homes in Winnipeg, a significant advantage.
3. What does the sold price history indicate?
The home sold for $67,000 in 2021, a price that was exceptionally high relative to both the neighbourhood and the entire city at that time. This suggests the property has previously been perceived as a premium offering on its street.
4. What is the community like?
Bridgwater Trails is a modern, master-planned community in Winnipeg. It typically features newer homes, parks, and walking paths, appealing to those seeking a contemporary suburban lifestyle.
5. Are the property taxes based on the assessed value?
The city's assessed value is $55,900k. Property taxes would be calculated using this assessment and the current municipal tax rate. It's advisable to confirm the exact annual tax amount.