Property Overview: 283 Cherrywood Road, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2019, offers modern living in the popular Bridgwater Trails community. Its key appeal lies in a balance of newer construction and established neighbourhood living. With 2,051 sqft of living space and a 4,667 sqft lot, it provides ample room for a growing or established family. The home features an attached garage and a basement (unrenovated, offering a blank canvas).
The property’s strength is its relative newness within a wider city context—it’s newer than 96% of Winnipeg homes. Its living area and assessed value also rank within the top 10-15% citywide, suggesting above-average space and municipal valuation for the price point. However, the rankings indicate it sits in the middle of its immediate street and neighbourhood for many metrics, positioning it as a solid, typical home for the area rather than a standout.
This home would suit buyers looking for a move-in ready, modern property without the wait and uncertainties of new construction. It’s ideal for those who want a low-maintenance exterior and the efficient layouts of a late-2010s build. The unrenovated basement is a notable feature for buyers who view customization as a plus, allowing them to finish the space to their own taste and potentially add value.
Section 2: Frequently Asked Questions
1. How does this home compare to others on Cherrywood Road?
Based on available data, this home ranks around the middle to upper-middle for size, year built, and assessed value on its own street. It’s a newer and slightly larger-than-average home for the block.
2. What does the "Sold" history from 2019 tell us?
The home sold for $49,600 in October 2019, shortly after being built. The current assessed value is higher, which reflects typical market appreciation and municipal assessment changes over five years. This history shows it is a one-owner, relatively new home.
3. Is the unrenovated basement a drawback?
This depends on the buyer. It’s not a finished living space, so it requires additional investment to utilize fully. However, it presents an opportunity to create exactly the space you need (e.g., a rec room, home gym, or suite) without needing to undo someone else’s work.
4. How does Bridgwater Trails rank as a neighbourhood?
The data shows this property ranks near the median (top 51%) within Bridgwater Trails for lot size, suggesting it’s on a standard lot for this modern community. The neighbourhood itself is consistently newer than most of Winnipeg.
5. What are the utility costs likely to be for a 2019-built home?
While specific costs aren’t listed, a home built in 2019 will typically have modern, energy-efficient building codes, windows, and appliances. Buyers should budget for standard utilities but can generally expect better efficiency than an older home.