19 days on Market

197 Lancaster Dr, Red Deer, Alberta T4R 2R4

Detached
3 + 2
2
~1207.00 sqft
$412,000
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Detached
3 + 2
2
~1207.00 sqft

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Highlights

Property Estimate

Days on market19 days

Estimated valueNot available

Price/Sqft$341/sqft

Monthly cost

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Description

Court Ordered Sale - Situated in a family friendly location close to several schools, parks, playgrounds, and the Collicutt Centre, this 1,207 sq ft bi-level offers plenty of space for a growing family. Featuring an open concept main floor, a partially finished basement, a large backyard, and an oversized double detached garage, this home offers a great opportunity to add your own finishing touches and unlock its full potential. The main floor is bright and spacious, with a large front facing window bringing plenty of natural light into the living room. The kitchen features an abundance of white cabinetry, white appliances, a corner pantry, and an oversized island with eating bar, while the adjoining dining area provides plenty of room for a large table. Three bedrooms are conveniently located on the main floor, including a spacious primary bedroom with its own private 4 pce ensuite, while the two additional bedrooms share the main 4 pce bathroom. Downstairs, the partially finished basement provides a large rec room space along with two additional bedrooms and further potential to finish the space to suit your needs. Outside, the large backyard offers plenty of room to enjoy with a spacious side deck, along with an oversized double detached garage providing excellent parking and storage space. With a convenient location close to recreation, schools, parks, and everyday amenities, this property offers plenty of potential for its next owner.


Property Details

StyleBi-Level
View-
Age of property2003
SqFt~1207.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2342924
Community NameLancaster Green
Data SourcePILLAR 9
Listing byRE/MAX real estate central alberta

Features

Heating: Forced Air,Natural Gas
Basement: Full,Partially Finished,None

Main Floor

Living Room

15`11" x 12`7"

Kitchen

12`2" x 10`4"

Dining Room

10`11" x 9`2"

Bedroom - Primary

13`4" x 13`9"


Features

Patio: Deck

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Sep 11, 2026
ListedActive
$412,000
19 days on market
history photo preview22
Listing by pillar 9®
Property listed by RE/MAX real estate central alberta, Brokerage
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Market Data - Lancaster Green

Geo Zone Map ThumbnailLancaster Green

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

26 days

Compared to

2025

17 days

2024

46 days

2023

41 days

New Listings

Past 30 days

1 listing

Compared to

2025

2 listings

2024

1 listing

2023

4 listings

Units sold

Past 30 days

2 units

Compared to

2025

2 units

2024

3 units

2023

4 units

Median Sold Price

Past 30 days

$546,000

Compared to

2025

$689,250

2024

$478,000

2023

$438,750


Population and Demographics

Overview

Total population 1495
Average household income $141,463

Age (%)

0 to 19
27%
20 to 34
19%
35 to 49
23%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
71%
Single person
23%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
88%
Tagalog (Pilipino, Filipino)
4%
Others
3%
Spanish
1%
French
1%

House tenancy (%)

Owners
77%
Renters
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget