Red Deer Homes under $1.5 million

Red Deer Homes under $1.5 million

Welcome to Red Deer, Alberta—a vibrant city nestled in the heart of Canada, known for its stunning landscapes and rich community spirit. With a population of over 100,000, Red Deer is the third-largest city in Alberta and offers a unique blend of urban amenities and natural beauty. Whether you're drawn to the lush parks, the picturesque river valley, or the bustling downtown area, Red Deer is a place that feels like home.

The city boasts a diverse housing market, making it an ideal location for families, young professionals, and retirees alike. For those seeking their dream home without breaking the bank, Red Deer features a variety of charming properties priced under $1.5 million. From modern single-family homes in family-friendly neighborhoods to cozy bungalows and spacious townhouses, there’s something for everyone.

Imagine living in a stunning property that combines contemporary design with the warmth of a welcoming community. Many homes in this price range offer ample square footage, beautiful outdoor spaces, and easy access to local amenities such as schools, parks, and shopping centers.

Red Deer also hosts a vibrant arts scene, numerous recreational activities, and a range of dining options that cater to every palate. With its excellent healthcare facilities and a strong sense of community, it’s no wonder that Red Deer is a sought-after destination for homebuyers.

Explore the possibilities in Red Deer and discover a place where you can truly thrive. Your perfect home awaits in this beautiful city!

Newest Red Deer Homes under $1.5 million

5928 52 Avenue, Red Deer
$499,000
5 Beds ⋅ 3 Baths ⋅ A2349937 MLS
INVESTOR ALERT! Welcome to this well-maintained corner-unit home in Riverside Meadows, offering an excellent opportunity for investors seeking a property with flexible living arrangements, a legal basement suite, and strong rental potential.The bright main level features a large east-facing window, bringing in plenty of natural light, along with new hardwood flooring throughout the main living spaces. The main floor offers three bedrooms, while the fully developed legal basement suite provides an additional two bedrooms, giving the property a total of five bedrooms.The legal basement suite adds significant value and flexibility, featuring a large family room, separate laundry, and a separate entrance. The suite is currently occupied by long-term tenants who are willing to stay, providing a potential opportunity for a new owner to maintain the existing tenancy and rental income, subject to the applicable tenancy terms.Outside, you'll find a large deck, perfect for entertaining or relaxing, along with newer fencing for added privacy. Parking is another major advantage, with six parking spaces in total, including two spaces at the rear of the property and three additional spaces within the gated RV parking area.The home also features a high-efficiency heating system, adding to its overall appeal for both homeowners and investors.Located in Riverside Meadows, this property offers convenient access to local amenities, services, and transportation routes. Whether you're looking to expand your rental portfolio, house-hack, or purchase a property with multiple income-producing options, this is an opportunity worth taking a closer look at.Key Investor Features:Legal 2-bedroom basement suiteLong-term basement-suite tenants willing to stay5 bedrooms total3 bedrooms on the main levelSeparate suite entranceSeparate laundryLarge basement family roomNew hardwood flooringLarge east-facing windowHigh-efficiency heating system6 parking spaces / gated RV parking spaces2 additional rear parking spacesLarge deckNewer fencingCorner-unit locationRiverside MeadowsExcellent rental and house-hacking potential (id:5764)

5928 52 Avenue, Red Deer

Listing courtesy of RE/MAX First.

227 Livingston Close, Red Deer
$449,900
2 Beds ⋅ 2 Baths ⋅ A2349550 MLS
2 BEDROOM, 2 BATHROOM BI-LEVEL IN LAREDO ~ OFF STREET PARKING ~ CENTRAL AIR CONDITIONING ~ Covered front veranda welcomes you and leads to a bright foyer with high ceilings that open to the main floor above ~ Open concept main floor layout is complemented by vaulted ceilings and vinyl plank flooring ~ The living room features large south facing windows that fill the space with natural light ~ The kitchen offers a functional layout with plenty of white cabinets, ample counter space, large island with an eating bar and pendant lights above, full tile backsplash, a wall pantry and stainless steel appliances ~ The dining space has more large windows that fill the space with natural light and garden door access to the deck and backyard ~ The primary bedroom can easily accommodate a king size bed plus multiple pieces of furniture, has a walk-in closet with built in organizers, and a 4 piece ensuite with a cheater door to the conveniently located main floor laundry room ~ Second bedroom is also a generous size, has a walk-in closet, and is next to the 4 piece main bathroom ~ The basement features high ceilings, in floor heat, offers tons of additional living space, and awaits your future finishing touches ~ The backyard is landscaped and fully fenced with back alley access ~ Rear parking pad offers ample off street parking ~ Located in desirable Laredo, with walking trails, parks, playgrounds, schools, and shopping all close by! (id:5764)

227 Livingston Close, Red Deer

Listing courtesy of Lime Green Realty Central.

124 Lamont Close, Red Deer
$499,900
4 Beds ⋅ 3 Baths ⋅ A2349515 MLS
FULLY DEVELOPED ~ 4 BEDROOM, 3 BATHROOM BUNGALOW ~ HEATED DOUBLE ATTACHED GARAGE ~ Front veranda welcomes you and leads to a sun-filled foyer ~ Vaulted ceilings throughout the main living space ~ The living room features large bay windows that fill the space with natural light, and is centred by a cozy fireplace with a lighted niche above ~ The kitchen offers a functional layout with plenty of warm stained oak cabinets, ample stone counter space, full tile backsplash, stainless steel appliances and a counter height eating bar ~ The spacious dining room is open to the kitchen, has large bay windows that overlook the backyard and garden door access to the deck ~ The primary bedroom can easily accommodate a king size bed plus multiple pieces of furniture, has a walk-in closet and a 3 piece ensuite ~ 2 additional main floor bedrooms are both a generous size with ample closet space ~ 4 piece main bathroom and laundry in it's own room complete the main level ~ The fully finished basement with in floor heat has tons of additional living space ~ A large L-shaped family room has plenty of space for a sitting area and games tables ~ Versatile flex space is currently being used as a home gym ~ 4th bedroom is located next to a 4 piece bathroom ~ The backyard is fully fenced and backs onto a walking trail, has a garden shed for storage, a spacious deck and lower patio, and tons of yard space ~ Excellent location, close to multiple schools, parks, playgrounds, and shopping, steps to the Collicut Centre. (id:5764)

124 Lamont Close, Red Deer

Listing courtesy of Lime Green Realty Central.

155 Webster Drive, Red Deer
$575,000
3 Beds ⋅ 3 Baths ⋅ A2348873 MLS
Welcome to this beautifully maintained and thoughtfully upgraded Modified Bi-level offering an exceptional combination of style, functionality, and comfort. The open-concept main level is filled with natural light and features rich hardwood flooring, a tiled entryway, vaulted ceilings with a beautiful faux beam, and upgraded lighting throughout. The renovated living room is a standout feature, complete with an upgraded tile surround gas fireplace that creates a warm and inviting focal point. The spacious kitchen offers upgraded stainless steel appliances, granite countertops, an upgraded tile backsplash, and ample pantry space, making it both stylish and practical for everyday living and entertaining. The private primary retreat offers excellent separation from the main living areas. This spacious bedroom features a vaulted ceiling, walk-in closet, and a beautifully appointed 3-piece ensuite with a large tiled shower. A second bedroom and full bathroom are conveniently located on the main level. The fully finished basement expands the living space with a large family room, a third bedroom, full bathroom, and generous storage space. The basement is also roughed in for in-floor heating, offering an opportunity for additional comfort in the future. Notable mechanical upgrades include a new furnace in 2026, hot water tank replaced in 2022, shingles in 2024 and central air conditioning. The oversized attached garage is both practical and versatile, featuring a gas heater and Level 2 electric vehicle charger. Outside, the fully fenced backyard has been enhanced with additional landscaping and features a storage shed and an oversized deck re-stained in 2026, providing an excellent space for outdoor entertaining and relaxation. Offering 3 bedrooms and 3 bathrooms across a well-designed layout, this exceptional home is ideally located with convenient access to the highway and an impressive nearby trail system. With extensive updates, thoughtful design, and a long list of des irable features, this home is truly move-in ready. (id:5764)

155 Webster Drive, Red Deer

Listing courtesy of Century 21 Maximum.

101 Baile Close, Red Deer
$294,700
2 Beds ⋅ 2 Baths ⋅ A2348892 MLS
Welcome to this beautifully maintained end-unit townhouse in the mature and desirable Bower community - offering NO CONDO FEES, a fully finished layout, a south-facing fenced yard backing onto green space, and immediate possession available! As an end unit, this home enjoys the added benefit of extra yard space and extra natural light, with windows along the side of the home in addition to the south-facing patio doors and kitchen window. The main floor offers a bright, open-concept design with the kitchen, dining area and living room flowing comfortably together. The patio doors provide direct access to the spacious COMPOSITE deck and fully fenced backyard, creating an easy connection between the indoor and outdoor living spaces. A convenient 2-piece bathroom completes the main level. The fully finished basement offers two bedrooms, a 4-piece bathroom, storage space, and a laundry/furnace utility room, providing approximately 1,100 sq. ft. of total living space, plus an additional crawl space area offering approximately 4' of height for extra storage. The south-facing backyard is a wonderful bonus, backing onto green space and a large parking area for homeowners and guests. The yard is fully fenced with attractive white vinyl fencing and includes an 8' x 13' deck with composite decking, black railing and a gate at the stairs, along with a 7' x 4' vinyl storage shed. There is also a gated asphalt parking pad accessed from the back lane, measuring approximately 11' x 18' and providing parking for one vehicle. This home has been exceptionally well cared for, with numerous updates over the years. In 2026, new flooring was installed throughout, the walls and ceilings were freshly painted, and the toilets were replaced. Other improvements include the upgraded rear deck which was updated with composite floor and black railing along with a new vinyl storage shed in 2025, shingles and eavestroughing in 2019, and a new furnace, hot water tank and central air conditioning in 2015. In 2014, the windows and exterior doors were replaced. Located in the established Bower community, you’ll enjoy beautiful trails along the creek and surrounding natural areas, while being conveniently close to Red Deer Hospital, Red Deer Polytechnic, Bower Mall, South Red Deer shopping and a variety of everyday amenities. Easy highway access adds to the convenience. Pride of ownership is evident throughout this immaculate, pet-free and smoke-free home, lovingly cared for by the owner for approximately 17 years. A wonderful opportunity for anyone looking for a move-in-ready home in a convenient and established Red Deer location—with NO CONDO FEES! (id:5764)

101 Baile Close, Red Deer

Listing courtesy of 2 Percent Realty Advantage.

55 Dietz Close, Red Deer
$779,000
6 Beds ⋅ 4 Baths ⋅ A2349288 MLS
Lets start with the large triple attached front garage. Then the huge pie shape backyard with R.V. parking and firepit area. Then there's a large covered deck off the dining room and an upper deck. Move inside to the large tiled front entry with a bedroom/office on the right and the primary bedroom on the left. The primary bedroom features a beautiful ensuite with a gorgeous claw tub, dual sinks, and a stand alone shower. Plenty of room for clothes in the spacious walk-in closet. The kitchen is a very spacious functional area with a big center island, granite countertops, white cabinets, and good natural light from the backyard. Enjoy the open floor plan with the dining area and adjoining living room complete with hardwood flooring and a gas fireplace. Entry from the garage leads to the back hall way complete with a laundry room, 3 piece bathroom and door leading to the outside of the house. ~ Upstairs is a real bonus. ~ There is a large room the can used as a family room or used a guest suite. It has it's own entrance from the backyard, gas fireplace, and is set up for laundry and kitchen appliances complete with 220 power. 2 more large bedrooms (1 is a primary) plus another bathroom boasting a separate shower and another beautiful claw tub. Don't miss the lavish crown moldings and trim. In the basement there are 2 more bedrooms, a 4 piece bath with jetted tub, and a nice sized family room. The basement has operational under slab heat, 2 separate h/w tanks, and NO poly-b. Most of the house including the basement have 9' ceilings. I'm sure I missed a lot of the beautiful features you will discover in this tremendous home so allow plenty of time to view. (id:5764)

55 Dietz Close, Red Deer

Listing courtesy of Maxwell Real Estate Solutions Ltd..

12 Ironside Street, Red Deer
$259,900
2 Beds ⋅ 2 Baths ⋅ A2349219 MLS
Beautifully kept 2-bedroom, 2-bathroom condo with a heated, secure underground parking stall! Located in a desirable southeast area of the city, this home offers convenient access to city amenities while providing quick access to the highway. Situated on the third floor, you’ll appreciate the private east-facing balcony, the perfect spot to enjoy your morning coffee while taking in lovely views of the walking paths and seasonally changing treetops. Inside, the unit has been thoughtfully updated with upgraded laminate flooring and new baseboards throughout. A modern paint color creates a warm and welcoming atmosphere. The well-designed kitchen makes excellent use of the available space and features a large center island, perfect for additional meal preparation, four upgraded matching stainless steel appliances, and a decorative tile backsplash. The spacious living area provides plenty of room for your media space and equipment. The generous primary suite offers ample room for your furnishings, along with a walk-through closet and private 4-piece en suite. The second bedroom is conveniently located on the opposite side of the unit, next to the additional 4-piece bathroom, making it ideal for guests or family. An extra-large laundry/storage room provides valuable additional space for countertop appliances, pantry items, and storage. The heated underground parking stall offers added security and protection for your vehicle, especially during the upcoming winter months. The building features a welcoming common lobby area, perfect for meeting neighbors and socializing, along with an elevator and secure entrance. Outside, the beautifully maintained common grounds connect directly to a scenic walking path, making it easy to stay active and enjoy the outdoors. A great opportunity for low-maintenance living, giving you more time to enjoy your personal interests and everything the surrounding area has to offer! (id:5764)

12 Ironside Street, Red Deer

Listing courtesy of RE/MAX real estate central alberta.

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