Red Deer Real Estate

Prices from $22,999 CAD to $1,699,000 CAD Listings last updated 07/20/2017
120 of 562

Houses for Sale in Red Deer

$389,900 CAD
  • 4 Beds
  • 2 Baths
  • 1,056 Sqft
  • Residential
38 days on Point2 Homes
$695,000 CAD
  • 4 Beds
  • 4 Baths
  • 2,060 Sqft
  • Residential
3 days on Point2 Homes
$693,660 CAD
  • 126.12 ac Lot Size
  • Residential
179 days on Point2 Homes
$289,911 CAD
  • Residential
43 days on Point2 Homes
$264,000 CAD $5K
  • 2 Beds
  • 3 Baths
  • 0.064 ac Lot Size
  • Multi-family
72 days on Point2 Homes
$629,000 CAD $10K
  • 3 Beds
  • 4 Baths
  • 1,309 Sqft
  • Condo
105 days on Point2 Homes
$439,911 CAD $10K
  • Residential
83 days on Point2 Homes
$240,000 CAD
  • 3 Beds
  • 3 Baths
  • 1,269 Sqft
  • Residential
99 days on Point2 Homes
$394,900 CAD $5K
  • 3 Beds
  • 3 Baths
  • 1,212 Sqft
  • Residential
74 days on Point2 Homes
$316,900 CAD $2.1K
  • 4 Beds
  • 2 Baths
  • 925 Sqft
  • 0.108 ac Lot Size
  • Residential
92 days on Point2 Homes
$339,000 CAD
  • 5 Beds
  • 3 Baths
  • 1,151 Sqft
  • 0.18 ac Lot Size
  • Single family
Sat, 22 July 02:00:00 PM to 04:00:00 PM
$389,900 CAD
  • 4 Beds
  • 2 Baths
  • 1,056 Sqft
  • Residential
38 days on Point2 Homes
$394,800 CAD
  • 4 Beds
  • 3 Baths
  • 1,232 Sqft
  • 0.126 ac Lot Size
  • Residential
9 days on Point2 Homes
$1,699,000 CAD
  • 5 Beds
  • 3 Baths
  • 2,747 Sqft
  • 4.5 ac Lot Size
  • Single family
Sun, 23 July 02:00:00 PM to 04:00:00 PM
$22,999 CAD
  • 3 Beds
  • 1 Baths
  • 924 Sqft
  • Residential
33 days on Point2 Homes
$474,999 CAD
  • 5 Beds
  • 3 Baths
  • 1,520 Sqft
  • 0.148 ac Lot Size
  • Residential
32 days on Point2 Homes
$364,900 CAD
  • 3 Beds
  • 3 Baths
  • 1,238 Sqft
  • 0.141 ac Lot Size
  • Residential
3 days on Point2 Homes
$129,900 CAD
  • 3 Beds
  • 2 Baths
  • 580 Sqft
  • Single family
Sun, 23 July 02:00:00 PM to 04:00:00 PM
$205,900 CAD
  • 2 Beds
  • 2 Baths
  • 665 Sqft
  • Condo
58 days on Point2 Homes
 to 
 to 
AC
 to 
AC
 to 

Real estate roundup: Red Deer, AB housing market overview

Point2 Homes gives you far more than a simple list of houses for sale. Get instant access to a lot of relevant information about Red Deer, AB real estate, including property descriptions, virtual tours, maps and photos. The search results pages also have a wealth of information on Red Deer, AB, if you scroll all the way down.

There are 562 houses for sale in Red Deer, AB.

Searching homes for sale in Red Deer, AB has never been more convenient. With Point2 Homes, you can easily browse through Red Deer, AB single family homes for sale, townhomes, condos and commercial properties, and quickly get a general perspective of the real estate prices. Also, you’ll never miss a bargain if you filter listings based on house price drops in the past six months.

Tools you can count on

Use the map view to find Red Deer, AB homes and apartments for sale, based on amenities or city features that you may want close by. You can close in on a specific neighbourhood or area by simply drawing around them with the polygon or radius tools. Stay informed about the latest entries on the real estate market by saving your searches. This way, you get new listings in your inbox, daily or every week, based on your preferences. If you’d like to get in touch with a professional, agents are displayed next to their listings, and they’re easy to contact through the online forms. If you want more options, you can click the Tools tab and Find an Agent, and you’ll get a list of helpful and knowledgeable real estate agents in Red Deer, AB. Visit the Point2 Homes blog and you can find up to date expert advice on many markets throughout Canada, regular market reports, neighbourhood scoops in cities throughout the provinces, real estate deals and useful recommendations.

CITY GUIDE
RED DEER, ALBERTA

Red Deer is located in the central region of Alberta.

In spite of having a total population of 100,000 citizens and a land area of only 100 square kilometres, it is the third most highly populated city in the province.

Its name originates from a mistaken translation by British of the Cree phrase "Waskasoo Seepee", which is “Elk River” in English.

The confusion came from thinking that elk was synonymous with the European red deer that they were familiar with in their home country of Great Britain.

According to the latest economic projections, it appears as if the working population will double in size over the next 30 years.

Every single industry that contributes to the current economic stability of Red Deer and its projected growth is expected to increase in the number of workers. Health care, food services, oil and gas extraction, construction and retail trade are expected to see the largest increases.

This makes sense as Red Deer is known as a major hub in Alberta for oil distribution and petrochemical production.

The tax laws are also extremely generous for entrepreneurs and businesses, as they are exempt from paying taxes for their business, payroll, capital, and machinery.

As per the population growth, it has consistently experienced rapid growth over the past couple of decades with no signs of stopping anytime soon.

It is not uncommon to look at the percentages of population growth and see double digits. Projections indicate that Red Deer could very well double its current population size by 2050.

KEY FACTS:

Red Deer, Alberta

Red Deer, Alberta
  • Country: Canada

  • Province: Alberta

  • Nickname(s): "Dead Rear"

  • Population: 90,564 

  • Area:

    Land: 104.29 km2  

Entertainment

Don’t let the small land area of Red Deer throw you off, because there are a large number of things for residents and tourists to engage in. There are numerous recreational areas that allow for amenities such as full-scale gyms, all-day daycares, indoor pools, saunas, skating rinks, and more! Many of these centres can be booked for special events, and they often host seasonal classes for people of all ages! These arenas are considered by the local residents to be strong community builders that keep everyone together.

When you feel like stepping out of the recreational arenas for a breath of fresh air, you can do to one of the many outdoor facilities for some fun in the sun. You can go to the water parks to cool off, take a walk on one of the many parks, or take an exhilarating bike ride down the Red Deer Mountain. Good luck going through all of the available activities!

Entertainment
Neighbourhoods

Neighbourhoods

With almost 75 different neighbourhoods that exist within the city of Red Deer, it can be extremely difficult to categorise certain areas of the city. Therefore, the city is informally divided into 4 quadrants due to its square-like shape: Northeast Red Deer, Northwest Red Deer, Southeast Red Deer, and Southwest Red Deer.

Neighbourhoods

Northeast

Northeast Red Deer includes neighbourhoods such as (but not only) Glendale, Kingsgate, Kentwood, and Normandeau. One of the highlights of this area includes the River Bend Golf and Recreation Area, where visitors can go through a normal course of 18 holes or relax in one of the spa areas.

Northwest

Pines, Garden Heights, and the Three Mile Bend are just many of the neighbourhoods that you will encounter in the northwestern quadrant of Red Deer. Being right beside Central Park, visitors will get access to all of the features it provides. You can go sightseeing, track down wildlife, hike up the pre-designated paths, go cycling, or even take a swim in its rivers!

Southeast

Southeast Red Deer is home to the neighbourhoods of Sunnybrook, Clearview Meaduews, Waskasoo, and much more! It is home to Westerner Park, one of the best camping grounds in the province of Alberta. When you aren’t camping, you can also check out the festivals that it hosts. Some people go as far as to have their own wedding ceremonies here.

Southwest

Southwestern Red Deer hosts the Westlake, South Hill, Orile Park, and West Park neighbourhoods. This is where the downtown area of the city is located. Despite being highly populated, residents and newcomers are shocked to see a high density of wildlife within the urban area. Rabbits, moose, and deer are just a small sample of the animals that you will find. See if you can get a picture before they run away!

Real Estate Market

Northeast Red Deer is home to a mix of cheap houses and high-end residences that are both fairly traditional in their design. The properties are situated fairly close to one another, reflecting on the suburban nature of the neighbourhoods in this quadrant.

Northwest Red Deer is one of the hottest areas in the real estate market, and the Pines neighbourhood has become attractive to prospective homebuyers over the years. Its location is very close to many of the city’s best amenities, and the homes boast a modern design that is aesthetically pleasing to look at. Some of the properties take up several thousand square feet, and include features that include recreation rooms, gyms, wine cellars, and outdoor pools.

Southeast Red Deer is somewhat suburban in nature, except that the houses are fully detached and spaced out a far greater distance from one another. You can expect to see mansions and large bungalows that take up a lot of property space. These kinds of homes are best suited for larger families and wealthier individuals that like living in a quiet neighbourhood that simultaneously has easy access to other parts of the city.

Southwest Red Deer is home to Red Deer College, which opens up an opportunity for students wishing to invest in a rented apartment or find a nearby condo to live in. If that option isn’t for you, you will be pleased to find traditionally designed homes that are fully detached from one another. These homes are the same size as those found in northeastern Red Deer, and are best suited for smaller families.

  • Average Home Price: $355,000
  • Average Rent Price: $978  
  • Average Detached Home Price: $406,900
Home Style Average Price
2 storey $406,045
Bungalow $328,148

The following table, based on data taken from the Canadian Real Estate Association (CREA’s) National MLS® Report for April 2016 (the latest information available), demonstrates how homes in LSTAR’s jurisdiction continue to maintain their affordability compared to other major Alberta and Canadian centres.

Education

Education

The only post-secondary institution available in the city is the Red Deer College, a community college that takes an alternative approach to education. Class sizes are far smaller, and the learning is hands-on compared to the traditional method of sitting down and taking notes from a speech or a presentation. Many of the programs here offer applied degrees and apprenticeships that allow people to specialize in the trades and profit from their acquired skills.

There are over 40 elementary schools that are available for parents to choose from in the city of Red Deer. Schools in Alberta are judged by a combination of parental feedback, student feedback, how they prepare children for higher levels of education, and standardized test results in the areas of reading, writing, and mathematics. Some of the Red Deer schools that achieve highest ranks include Poplar Ridge, Koinonia Christian, and Camille J. Lerouge.

Education