Property Overview: 300 Cherrywood Road, Bridgwater Trails
Key Characteristics & Appeal
This well-situated two-storey home in Bridgwater Trails offers modern living in a desirable Winnipeg community. Built in 2018, it presents a move-in ready opportunity with nearly a decade of careful use. The property stands out for its generous proportions, featuring a 2,300 sqft living area that ranks within the top 17% of its neighbourhood and a land area of 4,667 sqft. It includes an attached garage and an unfinished basement, providing a blank canvas for future expansion or storage.
The appeal lies in its strong value proposition within a newer suburb. The home’s assessed value and recent sold price consistently rank in the top tiers for the city, suggesting a history of solid value retention. Its appeal is particularly grounded in space and modernity—it offers more room than most comparable homes nearby while being newer than approximately 95% of Winnipeg's housing stock. This combination suits growing families or professionals seeking a low-maintenance, spacious home in a planned community. It would also resonate with value-conscious buyers who appreciate quantifiable metrics, as the home performs well in direct statistical comparisons with neighbours on lot size, living space, and recent sale price.
Frequently Asked Questions
1. How does the unfinished basement impact the value and utility?
While not a finished living space, the basement represents significant potential. It allows a new owner to customize the additional square footage to their specific needs—whether for a recreation room, home gym, or storage—without needing to undo previous renovations.
2. The home sold recently in October 2024. What might this indicate?
A very recent sale can suggest a few scenarios: a quick relocation, an investment property being turned over, or a purchase that fell through for another buyer. It’s a point worth investigating for context, but the sold price ranking in the top 2% on its street also indicates strong market demand for this specific property.
3. The lot is larger than average for the street. What are the benefits?
A larger lot (4,667 sqft) in a newer subdivision typically allows for more private outdoor space, greater distancing from neighbours, and enhanced potential for landscaping, gardens, or future additions like a deck or shed, which are less feasible on tighter lots.
4. How does the "Rank by area" and other rankings work?
These percentile rankings directly compare this property against every other home on its street, in Bridgwater Trails, and across Winnipeg for specific metrics (like living area or assessed value). For example, "Better than 83% in same street" for living area means this home is larger than 83 out of 100 comparable houses on Cherrywood Road.
5. What is the significance of the comparison to 375 Willow Creek Road?
This serves as a neighbourhood benchmark. That reference property is slightly smaller (2,029 sqft) with a nearly identical assessed value, helping to highlight that 300 Cherrywood Road offers more living space for a similar official valuation, underscoring its relative value within Bridgwater Trails.