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September 18th 1:40am

Red Deer Housing Market Community Statistics

Find Red Deer housing market statistics & community reports. Currently 379 active Red Deer real estate listings with the highest priced real estate listings around $3,800,000.00 lowest priced property $30000 for an average price $466,501.15. View Red Deer homes for sale photos, community information, sales history updated every 10 minutes and may include open houses. Property types may include detached, single family, luxury homes plus townhomes, Golf course homes, foreclosures, lake homes including Red Deer real estate.
Airdrie Real Estate FAQ | Top Questions from Local Consumers

Airdrie Real Estate FAQ

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Local Market & Pricing

  • What's the average home price in Airdrie right now?

    As of late 2023, the average home price in Airdrie is approximately $480,000 - $520,000 CAD. This can vary based on property type, location, and market conditions. Detached homes typically range from $500,000 to $600,000, while townhomes and condos are generally available from $300,000 to $400,000.

  • Are Airdrie homes cheaper than Calgary homes?

    Generally yes, Airdrie homes tend to be more affordable than comparable properties in Calgary. On average, Airdrie offers a 10-15% price advantage for similar properties, making it an attractive option for buyers looking for more value while still having easy access to Calgary amenities.

  • What's the price difference between 2-bedroom and 4-bedroom homes in Airdrie?

    The price difference between 2-bedroom and 4-bedroom homes in Airdrie typically ranges from $150,000 to $250,000. A 2-bedroom home averages around $350,000-$400,000, while 4-bedroom homes generally start around $500,000 and can exceed $700,000 depending on location, amenities, and lot size.

  • How much have Airdrie home prices increased this year?

    In 2023, Airdrie has seen home prices increase by approximately 5-7% year-over-year. This growth is slightly higher than the national average, driven by Airdrie's relative affordability compared to Calgary and continued migration to the area.

  • What's the best time of year to buy a house in Airdrie?

    The best time to buy a house in Airdrie is typically during the fall and winter months (October-February). During this period, there's less competition from other buyers, and sellers are often more motivated to negotiate. Spring and summer tend to have more inventory but also more competition.

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Neighborhoods & Lifestyle

  • What are the best neighborhoods to live in Airdrie?

    Popular neighborhoods in Airdrie include:

    • Coopers Crossing: Family-friendly with parks and pathways
    • Kings Heights: Modern amenities and scenic views
    • Williamstown: Newer development with modern homes
    • Bayside: Waterfront properties and community feel
    • Ridgegate: Established area with mature trees

    The "best" neighborhood depends on your lifestyle preferences, budget, and family needs.

  • Is Airdrie a good place to raise a family?

    Yes, Airdrie is widely considered an excellent place to raise a family. The city offers:

    • Highly-rated schools
    • Numerous parks and recreational facilities
    • Low crime rates
    • Family-oriented community events
    • Quality healthcare facilities
    • Short commute times to Calgary
  • What are the pros and cons of living in Airdrie?

    Pros:

    • More affordable housing than Calgary
    • Family-friendly community
    • Good schools and recreational facilities
    • Less traffic congestion than larger cities
    • Close proximity to Calgary (approximately 30 minutes)

    Cons:

    • Limited public transportation options
    • Fewer employment opportunities within the city
    • Can be windy due to open prairie landscape
    • Limited nightlife and cultural amenities compared to Calgary
  • How far is Airdrie from downtown Calgary?

    Airdrie is approximately 35-45 kilometers north of downtown Calgary. The drive typically takes 30-45 minutes depending on traffic conditions. The city is well-connected to Calgary via Highway 2 (Queen Elizabeth II Highway), making commuting relatively convenient.

  • What amenities are available in Airdrie communities?

    Airdrie communities offer a wide range of amenities including:

    • Recreation centers with pools and ice rinks
    • Numerous parks and playgrounds
    • Walking and biking pathways
    • Shopping centers and local businesses
    • Restaurants and cafes
    • Libraries and community centers
    • Sports fields and courts
    • Golf courses
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Property Types & Features

  • What types of homes are available in Airdrie?

    Airdrie offers a diverse range of housing options including:

    • Single-family detached homes
    • Townhomes and row houses
    • Duplexes and semi-detached homes
    • Apartment-style condominiums
    • Luxury executive homes
    • Acreage properties on the outskirts
  • Are most homes in Airdrie newly built or older?

    Airdrie has a mix of both new construction and established homes. The city has experienced significant growth over the past two decades, so while there are many new developments (especially in areas like Williamstown and Bayside), there are also well-established neighborhoods with older homes (such as Old Town Airdrie) that offer character and mature landscaping.

  • What's the difference between townhomes and detached homes in Airdrie?

    The main differences between townhomes and detached homes in Airdrie are:

    • Detached homes: Stand-alone properties with private yards, no shared walls, typically more expensive, and offer more privacy.
    • Townhomes: Attached properties that share one or more walls with neighbors, usually have homeowners' association fees, are generally more affordable, and often include exterior maintenance in the fees.

    Price differences between comparable townhomes and detached homes can range from $100,000 to $200,000.

  • Are there any energy-efficient or smart homes for sale in Airdrie?

    Yes, many newer developments in Airdrie feature energy-efficient and smart home technologies. Builders are increasingly incorporating features such as:

    • High-efficiency furnaces and water heaters
    • Smart thermostats and lighting systems
    • Energy-efficient windows and insulation
    • Solar panel readiness
    • Home automation systems

    These features are more common in newer developments but can also be found in renovated older homes.

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Buying & Selling Process

  • How do I get pre-approved for a mortgage in Alberta?

    To get pre-approved for a mortgage in Alberta:

    1. Gather necessary documents (proof of income, employment verification, credit history, etc.)
    2. Contact a mortgage broker, bank, or financial institution
    3. Complete a mortgage application
    4. Undergo a credit check
    5. Receive your pre-approval certificate, which typically is valid for 90-120 days

    A pre-approval gives you a clear budget for home shopping and shows sellers you're a serious buyer.

  • What are the closing costs when buying a home in Airdrie?

    Closing costs when buying a home in Airdrie typically range from 1.5% to 4% of the purchase price. These may include:

    • Legal fees ($1,000 - $2,500)
    • Land title registration fees
    • Property tax adjustments
    • Home inspection ($400 - $600)
    • Appraisal fee ($300 - $500)
    • Mortgage default insurance (if down payment is less than 20%)
    • Home insurance
  • How do I sell my house in Airdrie fast?

    To sell your house quickly in Airdrie:

    • Price it competitively based on recent comparable sales
    • Enhance curb appeal with landscaping and exterior updates
    • Declutter and depersonalize the interior
    • Consider professional staging
    • Make minor repairs and updates
    • Use professional photography and virtual tours
    • Market across multiple platforms (MLS, social media, etc.)
    • Work with an experienced local real estate agent
  • What's the average time a home stays on the market in Airdrie?

    As of 2023, the average days on market for homes in Airdrie is approximately 30-45 days. This can vary based on:

    • Property type (detached homes tend to sell faster than condos)
    • Price point (homes priced competitively sell faster)
    • Season (spring and summer typically see faster sales)
    • Location and condition of the property
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Investment & Future Outlook

  • Is Airdrie a good place to invest in real estate?

    Yes, Airdrie has proven to be a strong real estate investment market for several reasons:

    • Consistent population growth (one of Canada's fastest-growing cities)
    • Relative affordability compared to Calgary
    • Strong rental market with decent yields
    • Proximity to Calgary's economic opportunities
    • Steady appreciation in property values
    • Diversified housing options appealing to different tenant demographics

    As with any investment, thorough research and consideration of your financial goals is recommended.

  • What's the future outlook for Airdrie's housing market?

    The future outlook for Airdrie's housing market remains positive based on current trends:

    • Continued population growth expected
    • Ongoing development of new communities and amenities
    • Steady demand driven by affordability compared to Calgary
    • Infrastructure improvements enhancing livability
    • Potential for moderate appreciation in property values

    While market conditions can fluctuate, Airdrie's fundamental strengths as a bedroom community to Calgary position it well for long-term stability and growth.



Community Reviews & Trends

With 210 new listings and 178 sales, the sales to new listings ratio increased to 85 percent. Inventory levels remained relatively constant monthly but were down 10 percent year over year. Lower sales and higher inventory created 1.71 months of supply, slightly up from June but down 2.3 percent year over year. The continued tight market conditions contributed to a 8.9 percent rise in home prices year over year. Year-to-date average prices have risen by 1 percent, with apartments and semi-detached homes seeing the strongest price growth despite row-style homes falling 12 percent.




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Red Deer Real Estate Market Information

Red Deer real estate statistics housing market also features a variety of amenities, unique public attractions local area parks. Compare residents community reviews & ratings with a list of homes coming soon and more. Research community crime statistics, city demographics, beautiful walking paths. Nearby golf course homes, local businesses with zone maps, mortgage rates, past sales history, dates and prices. Explore virtual open house community events, community recreation, apartments for rent plus daily breaking news. View by Map, by area, geography, phone number or a list of schools by subdivision. Locate public schools, catholic schools plus nearby french immersion schools with the best community business directory information available. You’ll always be a part of the action in this vibrant and bustling community with easy access to shops, restaurants, and local parks. Top rated REALTORS® are ready to answer your questions about the neighbourhoods, newest real estate information and more.

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Red Deer Community Business Directory

We know the challenges agents and local businesses have faced so starting Now all businesses cann add themselves to our community directory and access new features enabling them to share vital information such as new opening hours, videos, updated ways of operating or delivery options. Screened real estate agents have passed background and license checks conducted by their real estate brokerages on our network. SCREENED agents verifies that their professional licenses are current and that background checks have been completed and are kept up to date. Agents are promoting and highlighting locally owned stores, restaurants, businesses. Red Deer REALTORS® believe in giving back to the communities they support and live in. We all do what we can to support local events, charities, associations, schools, churches and local business. All Postings will be manually verified before approval and displayed. We do not guarantee the accuracy or authenticity of the information we collect. Please add useful and complete information beneficial to consumers visiting local Alberta communities for quick approval to our Multi-Channel Community Advertising & Marketing Network.



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Frequently Asked Red Deer Community Questions

Here are frequently asked questions about the real estate statistics in local neighbourhoods. You will find frequently asked question about the community of Red Deer.

  • As the Red Deer market moves toward more balanced conditions, we are also starting to see the pace of price growth slow. The benchmark home price continued to trend up, but the monthly gain slowed to less than one per cent.
  • Average sold prices dropped by 3% month-over-month but are still up by 7% year-over-year, Inventory continued to increase for all property types.
  • Yes, When buying a home, it’s strongly recommended you have a Red Deer REALTOR®. There are many benefits why you should have a screened Red Deer real estate agent represent your best interests when buying a home.

Red Deer Community Demographics

Searching for information about the neighbourood of Red Deer? For a general estimate of statistics including details on household incomes, age, marital status and population please view the link below.

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