Property Overview: 380 Cherrywood Road, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2021, offers modern living in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of being a relatively new build with established landscaping on a generous 4,888 sqft lot. The home features a functional layout with 2,119 sqft of living space and an attached garage.
The property’s strength is its consistent ranking above average for its immediate area across several metrics. It sits in the top third of its street for lot size and living area, and it’s notably newer than 94% of homes on the same road. This suggests a well-placed property within a developing community, offering a modern standard in a settled streetscape. The unrenovated basement presents a clean canvas for future customization.
This home would suit a young family or professional couple looking for a move-in ready, low-maintenance property in a sought-after suburban community. It’s ideal for buyers who value modern construction and a larger lot but don’t want to wait for a brand-new build. The strong rankings for assessed value in Winnipeg also indicate a solid investment relative to the broader market.
Section 2: Frequently Asked Questions
1. What does the "Sold" history from 2021 indicate?
The home sold for $46.50k in February 2021, which was likely a pre-construction or early-build purchase. The current assessed value of $58.10k reflects the appreciated value of the completed home and lot in today’s market.
2. Is the basement finished?
No, the basement is noted as "not renovated." This provides both a cost-saving on the initial purchase price and the opportunity to finish the space to a new owner’s specific needs and timeline.
3. How does this property compare to others on the street?
The data shows it outperforms most direct neighbours in key areas. It has a larger-than-average lot and living area for the street, and it is significantly newer than almost all surrounding homes, which is a distinct advantage.
4. What is the significance of the "Assessed Value" ranking?
The assessed value of $58.10k ranks in the top 8% for Winnipeg, meaning it is considered a higher-value property city-wide. However, it ranks in the middle third on its own street, suggesting the Bridgwater Trails area commands strong values overall, and this home is competitively positioned within it.
5. Are there comparable properties nearby?
The listing shows nearby homes on Cherrywood Road and Valley Brook Road with similar or slightly larger sizes, newer build years, and higher assessed values. This confirms the area's desirability and provides clear benchmarks for comparison, indicating this listing may offer a value-oriented entry point into the immediate locale.