Property Summary: 225 Cherrywood Road, Bridgwater Trails
Key Characteristics & Appeal
This modern two-storey home, built in 2020, offers a turnkey lifestyle in the sought-after Bridgwater Trails neighbourhood. Its primary appeal lies in a combination of newer construction, above-average living space, and a strong value trajectory. With 2,364 sqft of living area, the home is larger than approximately 90% of houses on its street and 87% within the neighbourhood. It features an attached garage and a full, unfinished basement, providing room to grow.
The property’s standout feature is its compelling financial history. A recent sale in March 2025 at $773,000 significantly outperformed local benchmarks, ranking in the top 2% for sale prices in Winnipeg. This suggests strong market recognition. The home suits buyers seeking a low-maintenance, modern property in a family-oriented community without the need for immediate renovations. It’s particularly well-matched for professionals or growing families who value space, contemporary builds, and a neighbourhood with consistent property value growth. A thoughtful perspective is that the unfinished basement, while not a feature, represents a clear opportunity for future customization and added value, allowing new owners to tailor the space to their exact needs.
Frequently Asked Questions
1. How does this home compare in size and value to others in Bridgwater Trails?
The home ranks in the top 20% of the neighbourhood for both living area and assessed value, indicating it is a larger and more valuable property than most in the area.
2. What does the recent sale price tell us about the property?
The March 2025 sale price of $773,000 ranks better than 98% of recent sales in Winnipeg, demonstrating exceptionally strong market demand and perceived value for this specific home.
3. Is the basement finished?
No, the basement is confirmed as unfinished. This presents a blank canvas for future development, such as creating a recreation room, home office, or additional bedrooms.
4. How old is the home, and what does that mean for maintenance?
Built in 2020, the home is relatively new, meaning major components like the roof, HVAC, and appliances are likely still under or just approaching their prime, offering a period of lower anticipated repair costs.
5. How stable is the property’s value based on its history?
The home has appreciated significantly from its 2020 sale price of $507,000 to $773,000 in 2025. While past performance doesn't guarantee future results, this sharp increase, coupled with its high rankings against local comparables, suggests a history of solid value retention and growth in its market segment.