Property Overview: 432 Cherrywood Road, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2021, offers modern living in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of space, new construction benefits, and established community. With 2,386 sqft of living area, it ranks in the top 12% for size within the neighbourhood, providing ample room for a growing or established family. The attached garage and full (though unrenovated) basement add practical space for storage and future potential.
The home’s standout feature is its relative newness. Built just five years ago, it ranks in the top 10% of newer homes in the area, meaning buyers can expect modern building standards, energy efficiency, and minimal immediate maintenance compared to older stock. Its lot size of 4,888 sqft is also notably generous for the community, offering better-than-average outdoor space.
This property is ideally suited for buyers seeking a move-in ready, modern home in a master-planned community. It fits families looking for space without the upkeep of an older property, or professionals valuing a contemporary build with room to grow. The unrenovated basement presents a clear opportunity for a future project to add significant value and customize the space to the new owner's needs.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for its year built (top 6% on the street) and living area (top 7%). Its lot size is also above average, better than 73% of neighbouring properties.
2. What is the history of the assessed value?
The current assessed value is $628,000. The home last sold in August 2021 for $527,000. The current assessment places its value higher than 82% of homes on the same street.
3. Is the basement finished?
No, the basement is included but is noted as "not renovated." This provides a blank canvas for future finishing to suit the buyer's needs.
4. What are comparable nearby properties like?
Nearby listings from 2022 with similar assessed values (~$708,000) have slightly smaller or larger square footages. This suggests 432 Cherrywood Road may offer a value proposition within the newer homes in the area.
5. How does the neighbourhood rank for this property's features?
The home consistently ranks in the top quartile within Bridgwater Trails for key metrics: it's in the top 10% for newness, top 12% for living area, and top 24% for assessed value. This indicates it is a above-average offering within an already desirable community.