pillar/IMG-A2277582_1.jpg
6 days on Market

3918 56 Ave, Red Deer, Alberta T4N 4P5

Detached
3
2
~960.00 sqft
$409,900
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Detached
3
2
~960.00 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$426/sqft

Monthly cost

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Description

Welcome to this exceptional bungalow in the desirable West Park community of Red Deer. Situated on a BIG LOT backing directly onto a peaceful green space, this property offers privacy, space, and endless potential. The main floor has been beautifully renovated and features a total of 5 bedrooms and 2 bathrooms throughout the home. A legal basement suite provides an excellent opportunity to help with the mortgage or makes this an ideal investment property. Zoning allows for multi-family development, adding even more future value. Enjoy unbeatable convenience with an elementary school just a 3-minute walk away, and Red Deer Regional Hospital and Red Deer College both only 5 minutes by car. Whether you’re looking for a home to live in while generating income, or a solid long-term investment, this property checks all the boxes.


Property Details

StyleBungalow
View-
Age of property1959
SqFt~960.00 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberA2277582
Community NameWest Park
Data SourcePILLAR 9
Listing byDiamond Realty & Associates Ltd

Features

Heating: Forced Air
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

Living Room

11`7" x 19`9"

Dining Room

7`6" x 9`0"

Kitchen

10`9" x 11`5"

Bedroom - Primary

10`6" x 11`6"


Features

Patio: Deck

Parking

Garage spaces 1

Garage type -

Other parking spaces 5

Total parking spaces 6


Property History

Jan 6, 2026
ListedActive
$409,900
6 days on market
history photo preview29
Listing by pillar 9®
Property listed by Diamond Realty & Associates Ltd, Brokerage
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Market Data - West Park

Geo Zone Map ThumbnailWest Park

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

25 days

Compared to

2025

39 days

2024

30 days

2023

65 days

New Listings

Past 30 days

1 listing

Compared to

2025

0 listing

2024

3 listings

2023

1 listing

Units sold

Past 30 days

3 units

Compared to

2025

3 units

2024

3 units

2023

1 unit

Median Sold Price

Past 30 days

$331,500

Compared to

2025

$367,000

2024

$335,000

2023

$443,500


Population and Demographics

Overview

Total population 2640
Average household income $93,538

Age (%)

0 to 19
24%
20 to 34
26%
35 to 49
18%
50 to 64
17%
65 and plus
15%

Household composition (%)

Single family
54%
Single person
35%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
87%
Tagalog (Pilipino, Filipino)
3%
Arabic
3%
Others
2%
Spanish
1%
French
1%

House tenancy (%)

Renters
56%
Owners
44%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget