Top 6 Affordable Homes for Sale in Red Deer Under $200,000 (May 2025)

If you’re looking to enter the housing market in Alberta without breaking the bank, Red Deer offers a range of affordable options under $200,000. From cozy condos to well-maintained modular homes, these properties are perfect for first-time buyers, investors, or anyone looking to downsize. Here are six standout homes currently available in this budget range:

Top Affordable Homes for Sale in Red Deer Under $200,000

1. 922, 31 Jamieson Avenue – $200,000

  • Type: Condominium
  • Bedrooms: 1
  • Bathrooms: 1
  • Size: 782 sq ft
  • Features: This unit offers a comfortable living space suitable for individuals or couples.
Originally Listed: Maxwellrealty.ca

2. 103, 60 Jacobs Close – $179,000

  • Type: Condominium
  • Bedrooms: 2
  • Bathrooms: 1
  • Size: 761 sq ft
  • Features: A well-maintained unit located in a quiet neighborhood, ideal for small families or as an investment property.
Originally Listed: Maxwellrealty.ca

3. 5, 5943 60a Street – $189,900

  • Type: Condominium
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 560 sq ft
  • Features: This property offers multiple bedrooms, making it suitable for families seeking affordable housing options.
Originally Listed: Maxwellrealty.ca

4. 202, 41 Bennett – $190,000

  • Type: Condominium
  • Bedrooms: 2
  • Bathrooms: 1
  • Size: 825 sq ft
  • Features: Located in a convenient area, this unit provides easy access to local amenities and public transportation.
Originally Listed: Maxwellrealty.ca

5. 29 Parkside Drive – $190,000

  • Type: Mobile Home
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1,074 sq ft
  • Features: This mobile home offers ample living space and is situated in a community-friendly environment.
Originally Listed:: Maxwellrealty.ca

6. 104, 3730 50 Avenue – $199,900

  • Type: Condominium
  • Bedrooms: 2
  • Bathrooms: 1
  • Size: 856 sq ft
  • Features: A spacious unit with modern amenities, perfect for those looking to live close to the city center.
Originally Listed: Maxwellrealty.ca

These properties represent some of the most affordable housing options currently available in Red Deer. Whether you’re a first-time homebuyer, looking to downsize, or seeking an investment opportunity, these listings offer a variety of choices to suit different needs and preferences.

For more detailed information or to schedule a viewing, it’s recommended to contact a local real estate agent who can provide personalized assistance based on your specific requirements.

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