Property Overview: 63 Cherrywood Road, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This 2017-built, two-storey home in the popular Bridgwater Trails neighbourhood offers modern living with established community roots. Its key appeal lies in a balanced profile: it's a newer home (built within the last decade) on a larger-than-average lot (4,888 sqft), providing good indoor and outdoor space. The home ranks well for its living area and assessed value compared to most of Winnipeg, positioning it as a solid, above-average offering in the broader market.
The property would suit practical buyers looking for a move-in ready, low-maintenance home in a master-planned community. It's ideal for young families or professionals attracted to Bridgwater Trails' pathways, parks, and amenities. The unrenovated basement presents a clear opportunity for future customization to add value and space, appealing to buyers with a medium-term view. A thoughtful perspective is its transaction history; it last sold in 2022 for a price that ranks in the top 10% for its street, suggesting it may have features or a condition that justified a premium at that time, which could be a positive signal for its inherent desirability.
Section 2: Frequently Asked Questions
Q: How does this home compare to others on the street?
A: It holds a strong position. The lot size is better than 73% of homes on Cherrywood Road, and its 2022 sale price ranked in the top 10% for the street, indicating it was a high-value property in recent transactions.
Q: Is the basement finished?
A: No, the basement is noted as "not renovated." This means it's in a rough-in state, offering the next owner a blank canvas to finish according to their needs and budget.
Q: What does the "rank" information mean?
A: The rankings compare this specific property against others on its street, in Bridgwater Trails, and across all of Winnipeg for metrics like size and value. For example, being "better than 88% in Winnipeg" for living area means it's larger than the vast majority of Winnipeg homes.
Q: The assessed value is listed at $54.90k. Is that the market price?
A: No. The assessed value is for municipal tax purposes and is not an indicator of market value. Market value is determined by recent sales, current condition, and buyer demand. The home last sold for $65.20k in 2022.
Q: How established is the neighbourhood?
A: With a build year of 2017, this home is part of the earlier phase of Bridgwater Trails. The landscaping and community are well-established, but the home itself is still relatively new, offering a balance of mature surroundings with modern construction.