Property Overview
89 Cherrywood Road is a modern two-storey home in the Bridgwater Trails neighbourhood. Built in 2019, it offers a well-maintained, contemporary layout with 2,231 sqft of living space, an attached garage, and a private pool on a nearly 5,000 sqft lot. Its appeal lies in its balance of newer construction with established community living. The home ranks highly for its size, assessed value, and modern age compared to most of Winnipeg, suggesting a property that is above average in key metrics without being the most extravagant on its street. It suits buyers looking for a move-in ready, low-maintenance home in a popular suburban area, particularly young families or professionals who value modern amenities like a pool and the efficiency of a newer build. A thoughtful perspective is that while the home sold for a moderate price in 2019, its current assessed value is strong, indicating solid market positioning and potential for stable value retention in a desirable, growing community.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Trails?
The home ranks in the top tiers for living area, assessed value, and year built within the neighbourhood. It is larger and newer than over 80% and 65% of area homes, respectively, placing it among the more substantial and modern properties in Bridgwater Trails.
2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents a blank canvas for future expansion to suit a buyer's needs.
3. What does the high assessed value ranking indicate?
With an assessed value higher than 95% of Winnipeg homes and 79% in the neighbourhood, it suggests the property is officially valued well above average. This often correlates with strong property features and can be a marker of desirable location and construction quality.
4. The home sold for less in 2019 than its current assessed value. Is that typical?
Yes, this is common. The 2019 sale price reflects the market at the time of purchase as a new or nearly new home. The current assessed value reflects the property's estimated market value after several years of ownership and market changes, showing appreciation.
5. Who would this property best suit?
This home is ideal for buyers seeking a modern, low-maintenance property in a family-friendly suburban setting. Its size, newer systems, and amenities like a pool suit growing families or professionals who appreciate contemporary layouts and outdoor leisure space without immediate major renovation projects.