Property Overview
332 Cherrywood Road is a modern two-storey home in Winnipeg's Bridgwater Trails neighbourhood. Built in 2022, it offers a move-in-ready condition with the benefit of a builder's warranty likely still in effect. The home features an attached garage, a full (unrenovated) basement, and sits on a lot that is larger than average for its street. Its key appeal lies in its balance of new construction amenities and established community living. While its living space is moderately sized, its recent sold prices and current assessed value suggest it has held its value well in a newer suburb.
This property would suit first-time buyers or young families looking for a modern, low-maintenance home in a planned community. It's also a practical choice for value-conscious buyers who want the advantages of a new build (like modern efficiency and minimal immediate repairs) without the premium of a brand-new purchase. The unrenovated basement presents a clear opportunity for future customization to add value and space.
Frequently Asked Questions
How does this home compare to others in Bridgwater Trails?
The data shows a mix. It's newer than 96% of homes in the neighbourhood, which is a significant advantage. However, its living area is slightly above the neighbourhood median, meaning it's a comfortable but not exceptionally large home for the area. Its lot size is a relative strength.
What does the sale history indicate?
The home sold for $50,600 in February 2022 (likely near its initial construction) and then for $63,200 just seven months later in September 2022. This rapid appreciation is notable and may reflect the hot market of that period or specific upgrades made by the first owner. It's a data point to discuss with your agent in the context of current market conditions.
Is the basement finished?
No, the basement is not renovated. This is clearly stated as "not renovated," meaning it is likely an unfinished space ready for drywall, flooring, and design to suit a future owner's needs and budget.
How are the schools and amenities in Bridgwater Trails?
This listing does not include specific school or amenity information. Bridgwater Trails is a master-planned community known for its pathways, parks, and nearby commercial centres. Prospective buyers should verify current school catchment zones and the walking distance to shops, as these can vary within the larger area.
Why is the assessed value different from the last sale price?
The assessed value ($54,500) is for municipal tax purposes and is typically lower than market value. It should not be used as a direct indicator of listing or sale price. The last sale price from 2022 ($63,200) is a more relevant, though dated, benchmark for what a buyer previously paid.