Red Deer Homes under $700,000

Red Deer Homes under $700,000

Welcome to Red Deer, Alberta—a vibrant city that beautifully blends urban convenience with the charm of small-town living. Nestled in the heart of Alberta, Red Deer is the third-largest city in the province, known for its stunning parks, friendly community, and a plethora of recreational activities. With its strategic location between Calgary and Edmonton, Red Deer offers residents easy access to major urban centers while maintaining its own unique identity.

One of the most appealing aspects of Red Deer is its diverse real estate market, particularly for those seeking homes under $700,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Red Deer has something to suit your needs. From modern townhouses and cozy bungalows to spacious family homes, the options are plentiful and often feature beautiful yards, contemporary finishes, and easy access to local amenities.

Living in Red Deer means enjoying the best of both worlds—urban amenities like shopping, dining, and cultural attractions, combined with the tranquility of nature. With numerous parks, walking trails, and recreational facilities, residents can indulge in outdoor activities year-round. The city also boasts excellent schools, making it a great place for families.

Explore your options in Red Deer today and discover why this charming city is the perfect place to call home. With homes available under $700,000, your dream home is just a visit away!

Newest Red Deer Homes under $700,000

240 Ebert Close, Red Deer
$309,900
2 Beds ⋅ 1 Baths ⋅ A2355192 MLS® #
Some recent fresh paint & light fixtures! Tucked away on a quiet close in established Eastview Estates, this well-kept bungalow offers comfortable main-floor living in a peaceful setting. The open-concept living and dining area feels bright and welcoming, with plenty of natural light and a gas fireplace adding warmth to the living room. The spacious dining area gives you room to gather with family and friends, while the galley-style kitchen is thoughtfully laid out with generous counter space and a full-sized pantry. A newer fridge and dishwasher have also been added. There are two bedrooms on the main floor, both with double closets. The The bathroom offers a step-in tub for easier access, along with a large vanity and dual sinks. Outside, the private south-facing backyard is fully fenced and surrounded by mature trees, creating a quiet place to enjoy warmer days. A large resin garden shed provides plenty of extra storage. The attached oversized garage offer plenty of parking soave with room for storage and work space. Access to the home from the garage features a large mud/ utility room with the stacking washer and dryer as well. Several important updates have already been taken care of, including the furnace and air conditioning in 2022, main-floor windows in 2023, shingles in 2019, and hot water tank in 2018. Located in a convenient central Red Deer neighbourhood, this is a comfortable, manageable home with the kind of established surroundings that are easy to settle into.

240 Ebert Close, Red Deer

Courtesy of Royal LePage Network Realty Corp..
5300 48 Street Unit 305, Red Deer
$345,000
2 Beds ⋅ 2 Baths ⋅ A2353960 MLS® #
Enjoy carefree 55+ living in this beautifully maintained, modern condo in a prime downtown Red Deer location. Just a short walk from the Capstone development, the river and scenic walking trails, with banking, restaurants and the hospital close by, this home makes everyday living convenient.The open-concept layout features 9-foot ceilings, recently upgraded flooring and a gas fireplace. The spacious primary bedroom accommodates a king-sized bed and includes a walk-through closet leading to the ensuite, recently updated with a large walk-in shower. A second bedroom offers flexibility as a guest room, den or home office. Step onto the deck to enjoy your morning coffee.Residents can take advantage of an impressive range of amenities, including an indoor pool, hot tub, fitness room, games room, multipurpose room with kitchen and workshop. Underground parking adds everyday convenience, with additional guest parking out front. Visiting friends and family can also book the on-site guest suite for $30 per night, private in social room is $100.00.With a welcoming community, excellent amenities and a location close to the best of downtown Red Deer, this is a wonderful opportunity for secure, low-maintenance living.

5300 48 Street Unit 305, Red Deer

Courtesy of Royal LePage Network Realty Corp..
27 Fir Street, Red Deer
$359,900
4 Beds ⋅ 2 Baths ⋅ A2334347 MLS® #
Tucked away in a quiet, established neighbourhood, this distinctive 4-bedroom bungalow is filled with warmth, character, and natural light. The spacious main floor showcases beautiful mahogany hardwood flooring with matching closet doors and baseboards, creating rich wood tones throughout. A large bow window brightens the inviting living room, while the functional layout offers a separate dining area and a cozy breakfast nook. Wood Stove was never used by current home owner.The updated kitchen features abundant wood cabinetry, skylights, a built-in cooktop, wall-mounted convection oven, tiled backsplash, and a large window overlooking the backyard. Three bedrooms are conveniently located on the main floor, along with a full 4-piece bathroom. All windows have been upgraded to triple-pane vinyl for added comfort and efficiency.The developed basement provides even more living space with a fourth bedroom, 3-piece bathroom, laundry area, generous storage, and an exceptionally spacious recreation room complete with a fireplace.Outside, the pie-shaped yard is surrounded by mature landscaping and offers established gardens, colourful flower beds, a fire pit area, and a tucked-away private patio perfect for outdoor entertaining. The extra-large double heated garage includes a built-in workshop, making it an excellent setup for woodworkers, mechanics, or serious hobbyists. A generous exterior parking pad provides additional off-street parking and completes this versatile property.

27 Fir Street, Red Deer

Courtesy of RE/MAX real estate central alberta.
97 Neville Close, Red Deer
$407,000
4 Beds ⋅ 3 Baths ⋅ A2354928 MLS® #
Welcome to this spacious 4-bedroom home in the established community of Normandeau in Red Deer! Offering 1,329.05 sq. ft. above grade, this home provides plenty of room for a growing family, with updated flooring on main floor and fresh paint throughout giving the interior a refreshed feel. As you enter, you’ll find a large family living room offering a comfortable place to relax and unwind. Down the hall, you’ll find a beautifully updated 4-piece bathroom, followed by two additional bedrooms and a comfortable primary bedroom featuring its own 2-piece ensuite. The kitchen is truly the heart of this home, featuring an abundance of cabinetry, built-in appliances, a pantry for additional storage, and a large central island that provides extra workspace and a convenient spot for casual dining. The adjoining dining area offers plenty of room for a full-sized table, making it ideal for family meals, holiday gatherings, and entertaining friends. The kitchen’s distinctive sunshine ceiling adds character to the space, while the beautiful wood-panelled walls and charming bay window in the dining area create a warm, traditional feel. With plenty of room to gather, this is a welcoming space for everyday living and bringing family and friends together. Downstairs, the home continues to impress with another bedrooms and a large recreation and living area, providing plenty of space for family movie nights, entertaining, or simply spreading out and enjoying a little extra room. There’s also a sauna, offering a place to unwind at the end of the day, along with a dedicated laundry and utility area featuring an additional shower for added convenience. The spacious basement offers plenty of potential to make the space your own while providing valuable additional living areas for the whole family. Outside, enjoy the charm of the beautiful, mature backyard, featuring established landscaping, built-in flower beds, a deck, and an interlocking paver stone patio. Whether you’re hosting summer barbecues, enjoying your morning coffee, tending to the garden, or gathering with friends and family, this backyard offers a wonderful setting to enjoy the outdoors. With four bedrooms, a 4-piece main bathroom, a 2-piece ensuite, generous living areas, and a mature outdoor space, this Normandeau home offers room to grow, space to gather, and plenty of opportunity to make it your own!

97 Neville Close, Red Deer

Courtesy of Century 21 Maximum.
23 Lanterman Close, Red Deer
$519,900
4 Beds ⋅ 3 Baths ⋅ A2354681 MLS® #
Welcome to this beautifully appointed two-story home in the desirable community of Lancaster Green! Offering 1,982 square feet of thoughtfully designed living space, an attached garage, and a fully finished basement, this Laebon Homes Lexington-style plan offers the space, comfort, and versatility today's families are looking for. From the attractive curb appeal featuring earthy Pebble Khaki siding and natural stone accents to the welcoming front entrance, this home makes a wonderful first impression. Inside, you'll find a bright and inviting layout designed for comfortable everyday living and memorable gatherings with family and friends. The main-floor living room offers a cozy place to unwind, complete with a gas fireplace featuring a decorative stone surround and wood mantle. The spacious kitchen is designed with functionality in mind, featuring an abundance of maple cabinetry in a rich Gingerbread finish, generous counter space, a large central island with raised eating ledge, a deep corner pantry, and a convenient built-in desk area. The adjoining dining space provides plenty of room for family meals, holiday celebrations, and entertaining. A two-piece powder room and convenient main-floor laundry complete this level. Upstairs, the spacious bonus room offers an ideal retreat for family movie nights, gaming, or simply relaxing together. With ample room for sectional seating and a big-screen TV, this inviting space also enjoys an impressive west-facing view. The generous primary bedroom easily accommodates your furnishings and features a spacious walk-in closet with built-in shelving and organizers. The private en suite is the perfect place to unwind, offering a relaxing jetted tub, separate shower, and extended vanity with a dedicated makeup area. The fully finished basement extends your living space even further, featuring a large family room ideal for entertaining or enjoying a little extra room to spread out. A versatile flex room offers excellent possibilities for a home office, studio, hobby room, or additional teenager dream size bedroom. A roughed-in area for a future bathroom and a second set of laundry hookups add flexibility and convenience. Additional features include two hot water tanks, both upgraded in 2022, and in-floor heating to help keep the basement comfortable during the colder months. Outside, the fully fenced and landscaped yard offers room for children to play and space to enjoy the warmer months. The large east-facing deck is perfect for morning coffee, outdoor dining, or summer barbecues. The yard may also offer potential for RV parking, subject to available space. 30 year upgraded shingles were put on home for added peace of mind. Location is another highlight, with four schools, a neighborhood recreation center, and a shopping plaza all within walking distance. Combined with the attached garage and generous living space, this home offers an appealing blend of comfort, convenience, and family-friendly living.

23 Lanterman Close, Red Deer

Courtesy of RE/MAX real estate central alberta.
6940 63 Avenue Unit 671, Red Deer
$45,000
2 Beds ⋅ 1 Baths ⋅ A2354412 MLS® #
Fully fenced and one of the largest yards in Mustang Acres, set on a quiet street directly across from the park. Renovations done in 2026 includes re-levelled and skirting updated, roof resealed, furnace serviced, new 40 gallon hot water tank, new back porch to meet insurance requirements, PEX plumbing. The bathroom has been refreshed with a new tub, toilet, flooring, light fixtures and fresh paint. New flooring (no carpet anywhere). Vinyl windows in living room and bedrooms, exterior doors updated. All five appliances included. Very Clean and available for immediate possession. Park approval required for buyers, including pet approval.

6940 63 Avenue Unit 671, Red Deer

Courtesy of Maxwell Real Estate Solutions Ltd..
129 Lyons Close, Red Deer
$334,900
3 Beds ⋅ 2 Baths ⋅ A2354988 MLS® #
Welcome to 129 Lyons Close in Red Deer, Alberta — a bright and inviting 2-storey half duplex located on a quiet close in an excellent location. Built in 2004 and offering 1,248 square feet, this home combines great curb appeal, a smart floor plan, and comfortable everyday living. The main floor features convenient laundry, laminate flooring throughout, bright windows, and a functional layout that makes excellent use of the space. The primary bedroom includes a walk-in closet, while the large deck and fully fenced south-facing backyard provide a great outdoor area for relaxing, entertaining, or enjoying the sun. New roof to be installed weather dependent. Seller does own both sides of Duplex if an Investor is interested.

129 Lyons Close, Red Deer

Courtesy of Realty Executives Alberta Elite.
277 Overdown Drive, Red Deer
$289,900
5 Beds ⋅ 2 Baths ⋅ A2354962 MLS® #
Looking for space, convenience and value? This 5-bedroom + den, 2-bathroom half duplex offers plenty of room to accommodate a growing family, create dedicated workspaces or enjoy the flexibility of extra rooms. The open floor plan provides a comfortable flow between the living spaces, while the fenced yard offers outdoor space to enjoy. Location is key, and this home puts you close to all amenities! G.H. Dawe School, St. Patrick’s Community School, the G.H. Dawe Community Centre with its pool and ice rink, and a Red Deer Public Library branch are all nearby. Shopping, recreation and everyday essentials are within easy reach, making this a convenient place to call home. With five bedrooms plus a den, a functional layout and a fantastic location, this property offers plenty of possibilities for families, first-time buyers or investors looking for a home with room to grow. Come see the potential and discover how this property could work for you!

277 Overdown Drive, Red Deer

Courtesy of Coldwell Banker OnTrack Realty.
12 Malcolm Crescent, Red Deer
$450,000
5 Beds ⋅ 3 Baths ⋅ A2354234 MLS® #
12 Malcolm Crescent! This charming red brick bungalow is full of character and situated on an expansive 8,000 sq. ft. pie-shaped lot in a sought-after neighbourhood with amazing neighbours. The bright main floor features oversized vinyl windows, a beautiful brick fireplace, and an updated kitchen with butcher block countertops, subway tile backsplash, and stainless steel appliances. The fully developed basement offers a spacious family room, second kitchen, two bedrooms with egress windows, a three-piece bathroom, and a great laundry area. Additional updates include appliances in 2023, central air conditioning in 2021, and a sewer line replacement completed in previous years. Outside, enjoy a fully fenced, landscaped yard with mature trees, a fire pit, and plenty of room for family, pets, and entertaining. The spacious driveway offers ample parking and RV parking/storage, along with a single attached garage. A fantastic opportunity to own a character-filled home with space to enjoy inside and out! Be settled before Christmas!!!

12 Malcolm Crescent, Red Deer

Courtesy of Royal LePage Network Realty Corp..
11 Oxbow Street, Red Deer
$424,900
4 Beds ⋅ 2 Baths ⋅ A2354867 MLS® #
Welcome to 11 Oxbow Street, a beautifully updated bungalow located in the heart of desirable Oriole Park. Offering 1,031 sq. ft. above grade on a generous 6,600 sq. ft. lot, this home combines modern updates with exceptional garage space that’s hard to find.The bright and inviting main floor has been extensively refreshed with new luxury vinyl plank flooring, all new lighting, and fresh paint throughout. Step inside to a spacious living room filled with natural light before making your way to the beautifully renovated eat-in kitchen, featuring new cabinetry, countertops, backsplash, stove, and refrigerator. The main floor also offers three generously sized bedrooms and a well-appointed 4-piece bathroom.The partially developed basement adds valuable living space with a comfortable recreation room, fourth bedroom, 3-piece bathroom, and plenty of room for future development to suit your needs.Major updates provide peace of mind, including all new vinyl windows and new shingles, allowing the next owner to simply move in and enjoy.Outside is where this property truly stands apart. The 28’ x 32’ oversized detached garage has been updated with new exterior siding and offers exceptional space for vehicles, a workshop, hobbies, or storage. Additional parking beside the garage provides even more room for trailers, recreational vehicles, or extra vehicles.Situated on a mature lot in a family-friendly neighbourhood close to schools, parks, walking trails, shopping, and all north Red Deer amenities, this is a fantastic opportunity to own a thoughtfully updated home with one of the best garage setups you’ll find in the area.Whether you’re looking for your first home, room to grow, or the perfect shop space, 11 Oxbow Street delivers outstanding value, functionality, and move-in-ready comfort.

11 Oxbow Street, Red Deer

Courtesy of Century 21 Maximum.
4239 42 Avenue, Red Deer
$499,900
3 Beds ⋅ 2 Baths ⋅ A2354666 MLS® #
Fabulous Grandview location - close to parks, trails, schools, shopping and downtown!! This charming bungalow was COMPLETELY RENOVATED and expanded in 2010, including a 500sq ft addition with infloor heat in the basement, plumbing, wring and insulation were redone, there are vinyl windows throughout, and exterior siding was replaced!! Step into the bright foyer and the large front living room with coffered ceilings, built in cabinetry and a feature fireplace will immediately make you feel at home! The large front windows let in natural light, there is a main floor office plus hardwood flooring. An open concept design connects the living room to the kitchen and large dining area - perfect for friends and family to gather. The kitchen includes a gas stove, quality raised panel cabinetry and tile backsplash. Two bedrooms and a tiled full bath complete the main level including the main bedroom with walk-in closet. The basement features laundry and storage as well as a family room with built-in cabinetry and infloor heat, plus a 3rd bedroom! The yard is ready to enjoy with a side patio and pergola, oversized heated DOUBLE GARAGE with 220 wiring, storage shed and newer fencing!! This should be on your list to check if character and charm with modern upgrades are what you're looking for!

4239 42 Avenue, Red Deer

Courtesy of RE/MAX real estate central alberta.
339 Viscount Drive Unit 302, Red Deer
$299,900
2 Beds ⋅ 3 Baths ⋅ A2354456 MLS® #
2 BEDROOM, 3 BATHROOM 2-STOREY TOWNHOME IN DESIRABLE VANIER EAST ~ LOW MAINTENANCE LIVING ~ Attractive stone accented exterior complemented by established landscaping offers eye-catching curb appeal ~ Open concept main floor layout with high ceilings creates a bright and spacious feel ~ The living room offers plenty of space for comfortable seating and flows seamlessly into the dining area with a chandelier above ~ The kitchen features an abundance of white cabinetry, ample counter space, full tile backsplash, raised eating bar, stylish black stainless steel appliances and sliding patio door access to the deck and backyard ~ Convenient 2 piece main floor bathroom ~ The upper level features two generously sized bedrooms, each with ample closet space and its own private ensuite, offering comfort and privacy ~ The undeveloped basement provides laundry facilities, plenty of storage space and excellent potential for future development ~ The fully fenced backyard is landscaped and offers a private outdoor space to relax or entertain ~ Monthly condo fees of $287.25 include grounds maintenance, parking, professional management, reserve fund contributions, snow removal and trash/recycling ~ Located in sought-after Vanier East, within walking distance to parks, playgrounds and scenic walking trails, with convenient access to schools, shopping and all other amenities ~ An excellent opportunity to enjoy low-maintenance living in one of Red Deer's most desirable neighbourhoods!

339 Viscount Drive Unit 302, Red Deer

Courtesy of Lime Green Realty Central.
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