Property Summary: 395 Cherrywood Road, Bridgwater Trails, Winnipeg
Section 1: Key Characteristics & Appeal
This 2019-built, two-storey home in the popular Bridgwater Trails neighbourhood offers modern living with established community roots. Its key appeal lies in a balanced combination of space, location, and relative value. The property sits on a large 6,328 sqft lot, which is notably more spacious than most in the immediate area, offering ample outdoor potential. With 2,142 sqft of living space, the home provides generous room for a family. Its 2019 build date means it’s past the initial settling phase of a brand-new home but remains modern, with major systems likely under warranty.
The home’s strength is its consistent ranking above average in its immediate context. It scores highly for lot size, living area, and assessed value within its street, neighbourhood, and the wider city. This suggests it’s a solid, above-average offering in a desirable newer community. It would suit a young family or professional couple looking for a move-in ready, low-maintenance home in a master-planned area with good amenities and schools. The unrenovated basement presents a clean canvas for future expansion, appealing to buyers who want to customize space over time. A thoughtful perspective is that while newer builds are available nearby, this 2019 home may offer more mature landscaping and settled infrastructure without sacrificing modern design.
Section 2: Frequently Asked Questions
1. What is the significance of the assessed value versus the last sale price?
The assessed value for taxation purposes is currently $60.70k, while the home last sold for $50.50k in May 2020. This increase reflects general market appreciation and the home’s maturation in a sought-after neighbourhood. The assessed value ranks in the top tier for Winnipeg, indicating strong official valuation growth.
2. How does this lot size compare practically?
At 6,328 sqft, the lot is larger than 94% of others on Cherrywood Road. This means more backyard space for play, gardening, or entertaining compared to many neighbouring properties, which is a premium in newer subdivisions.
3. What does the "unrenovated basement" imply?
The basement is finished but has not been upgraded or customized. This is often a positive, as it means there are no dated or overly personal renovations to undo. It provides a functional, blank-slate space that a new owner can finish to their own taste and needs.
4. The home is newer (2019), but how does it compare to brand-new builds nearby?
While nearby comparable homes were built in 2022, this 2019 home offers the advantage of established neighbourhood greenery, proven community dynamics, and the resolution of any initial construction settling. You’re buying into a slightly more mature phase of the community.
5. What do the ranking percentages actually tell a buyer?
They provide quick, contextual benchmarks. For example, the home’s living area is better than 93% of Winnipeg homes, confirming it is spacious by city standards. Meanwhile, being "better than 71%" on its own street for living area shows it’s still above average in its direct, competitive setting, which is useful for understanding relative value.