Property Overview & Key Characteristics
57 Cherrywood Road is a modern, two-storey family home in the sought-after Bridgwater Trails neighbourhood. Built in 2018, it offers a move-in-ready foundation with a spacious 2,365 sqft layout, an attached garage, and a generous 4,888 sqft lot. Its appeal lies in its strong positional value: it ranks in the top tiers for both living area and lot size compared to most homes on its street and in the wider community. The home presents a solid, modern canvas in a prime location.
This property is ideally suited for growing families or professionals seeking a well-established, newer community with top-rated schools and amenities. It’s also a compelling option for value-focused buyers who see potential in a home with an unrenovated basement, allowing for future customization and equity growth. The data suggests it’s a home that has historically held its value well, outperforming a significant majority of Winnipeg properties in its last sale price.
Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Trails is a master-planned community in Winnipeg known for its parks, pathways, and family-friendly atmosphere. It features modern amenities, shopping plazas, and is popular for its newer housing stock and community feel.
2. Is the basement finished?
No, the basement is not renovated. This presents a blank slate for future expansion, such as adding a rec room, home office, or additional bedrooms, allowing you to customize the space to your needs.
3. How does this home compare in size to others nearby?
With 2,365 sqft of living space, this home is larger than 91% of homes on Cherrywood Road and 87% of homes in Bridgwater Trails, offering above-average interior space for the area.
4. What does the assessed value versus last sale price indicate?
The current assessed value is $62.40k, while it last sold in October 2021 for $72.60k. It's important to discuss this with your real estate agent to understand current market dynamics, as assessed value for tax purposes doesn't always directly equate to market value.
5. Are there any obvious concerns from the data provided?
The data shows no major red flags; in fact, the home ranks highly in key metrics. The main consideration is the unrenovated basement, which is a matter of preference—either a project or an opportunity. The consistent high ranking in value and size against comparables suggests a well-positioned property.