3 days on Market

761 Gibbons Ave, Picture Butte, Alberta T0K 1V0

Detached
3 + 3
3 + 1
~1262.02 sqft
$495,000
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Detached
3 + 3
3 + 1
~1262.02 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$392/sqft

Monthly cost

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Description

Welcome to this spacious and versatile home in the charming community of Picture Butte! Offering 6 bedrooms and 2 living areas, this property is perfect for large families, multi-generational living, or those looking for suite potential. The main floor features 3 generous bedrooms, including a primary suite with its own ensuite bathroom, along with a bright and inviting living area. Downstairs, you’ll find an additional 3 bedrooms and a second living space—ideal for extended family or easily convertible into a suite setup. Step outside and enjoy the incredible outdoor space! The huge deck with a gazebo is perfect for entertaining, while the beautifully maintained backyard offers mature trees, a dedicated garden area with greenhouse, and a shed for extra storage. Car enthusiasts and outdoor lovers will appreciate the heated super single garage, multiple parking pads, and plenty of space for RV parking. Additional features include air conditioning for year-round comfort and a functional layout that offers flexibility and value. This is a fantastic opportunity to own a well-rounded property with space, comfort, and income potential in a great location!


Property Details

StyleBi-Level
View-
Age of property1976
SqFt~1262.02 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberA2295033
Community NamePicture Butte
Data SourcePILLAR 9
Listing byInitia Real Estate

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full,Finished,Separate/Exterior Entry,Walk Out

Main Floor

Bedroom - Primary

11`1" x 14`0"

Bedroom

10`1" x 11`0"

Bedroom

10`0" x 8`0"

2pc Ensuite bath

4`3" x 5`7"


Features

Patio: Deck,See Remarks

Parking

Garage spaces 1

Garage type -

Other parking spaces 4

Total parking spaces 5


Property History

Mar 19, 2026
ListedActive
$495,000
3 days on market
history photo preview29
Listing by pillar 9®
Property listed by Initia Real Estate, Brokerage
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Market Data - Picture Butte

Geo Zone Map ThumbnailPicture Butte

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

73 days

Compared to

2025

215 days

2024

79 days

2023

39 days

New Listings

Past 30 days

2 listings

Compared to

2025

4 listings

2024

4 listings

2023

6 listings

Units sold

Past 30 days

3 units

Compared to

2025

2 units

2024

1 unit

2023

4 units

Median Sold Price

Past 30 days

$500,000

Compared to

2025

$465,000

2024

$285,000

2023

$242,450


Population and Demographics

Overview

Total population 1173
Average household income $102,937

Age (%)

0 to 19
31%
20 to 34
22%
35 to 49
16%
50 to 64
14%
65 and plus
17%

Household composition (%)

Single family
70%
Single person
26%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
67%
German
9%
Dutch
7%
Spanish
5%
Plautdietsch
5%
Others
3%
Afrikaans
1%

House tenancy (%)

Owners
79%
Renters
21%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget