Diane Richardson

Cell: 403-397-3706 |

Affordable Calgary Homes for Sale Under $500,000 Calgary Homes for Sale Under $500,000

Looking for Calgary homes for sale under $500,000? Discover an array of affordable properties in one of Canada’s most dynamic cities. In Calgary’s thriving real estate market, buyers can enjoy exceptional value without compromising on quality or convenience. Whether you are a first-time buyer, a savvy investor, or someone ready to downsize, affordable Calgary homes provide the perfect opportunity to secure a comfortable lifestyle in a vibrant community.

Our comprehensive listings showcase a variety of properties under $500,000, from cozy condos to charming single-family homes. Each listing is carefully selected for its prime location, modern amenities, and potential for future growth. Many of these homes are situated in family-friendly neighborhoods, close to top-rated schools, parks, shopping centers, and essential services. This makes owning a home not only a smart financial investment but also a gateway to enjoying Calgary’s exceptional quality of life.

By leveraging expert insights and in-depth market knowledge, you can confidently navigate the competitive Calgary market. Explore our selection today and let us help you find the ideal home that fits your budget and lifestyle, turning your dream of homeownership into a reality.

Contact Diane Richardson

Phone: 403.397.3706
Email: diane@mypadcalgary.com

Unlock Your Calgary Dream Home: Explore Listings by Price Range 

Find Your Perfect Home in Calgary: 3 to 8 Bedroom Homes


Get in Touch with Diane Richardson – Your Trusted Calgary Real Estate Professional

Looking to chat about a property or have questions about buying or selling in Calgary? Diane Richardson is ready to help! Friendly, knowledgeable, and responsive—Diane is committed to making your real estate experience smooth and enjoyable.

Easy Online Contact Form

Simply head to Diane’s convenient online contact form. Provide your name, email, and message, and include any property addresses or MLS® numbers you're curious about. Diane will respond swiftly, ensuring you get all the answers you need!

Call Diane Directly

Prefer a direct conversation? No problem! Just call Diane at 403.397.3706. She's always happy to answer your questions or arrange viewings at your convenience.

Send an Email

Want to connect via email? Reach Diane directly at Diane@Mypadcalgary.com. She'll gladly provide additional information, answer your questions, and assist with your real estate journey.

Don't hesitate—reach out today and experience stress-free, professional guidance from Diane Richardson!

Forgot password Extend Verify Contact

7 Lougheed Close
Lancaster Green Red Deer T4R 3L8

$569,900
Residential beds: 4 baths: 3.0 1,441 sq. ft. built: 2005

Main Photo: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 1: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 2: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 3: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 4: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 5: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 6: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 7: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 8: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 9: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 10: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 11: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 12: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 13: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 14: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 15: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 16: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 17: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 18: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 19: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 20: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 21: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 22: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 23: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 24: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 25: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 26: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 27: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 28: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 29: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 30: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 31: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 32: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 33: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 34: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Photo 35: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2205594
Bedrooms:
4
Bathrooms:
3
Year Built:
2005
This large fully developed 4 bedroom, 3 bath home with basement entry, large kitchen featuring a gas stove, double door fridge and new countertops will be sure to impress. Main floor den is suitable for a great office or can be converted into a 5th bedroom easily. Some of the many great features include refinished hardwood flooring, spacious dining area, set up for washer and dryer both up and down and large west facing covered deck perfect for entertaining. Master bedroom has large walk in closet and 4 piece ensuite that has been recently updated and private door to the deck. The basement is fully developed with a cozy living room, a great rec room complete with a beautiful wet bar and games room large enough for a pool table, media wall, 2 bedrooms and a 3 pc bath. Additional features include, water softener, brand new hot water on demand installed in February 2025 and central AC. Fully fenced and landscaped, in floor heat, heated garage featuring a custom 19x8 garage door and sonos system throughout home including back covered deck. New rubber rock driveway 2 years ago. Great location in Red Deer's SE quadrant (Lancaster) close to Collicut Centre, shopping and schools and parks.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bi-Level
Total Living Area:
1,441 sq. ft.
Lot Area:
5,492 sq. ft.
Lot Frontage:
45'
Lot Details:
45.00X120.00
Front Exposure:
East
Levels:
Bi-Level
Total Rooms Above Grade:
6
Year built:
2005 (Age: 20)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
0323107
Heating:
In Floor, Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Other, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Hardwood, Tile
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Brick Facing, Gas, Living Room
Water Supply:
Public
Sewer:
Sewer
Garage:
1
Garage Spaces:
2
Parking:
Concrete Driveway, Double Garage Attached, Heated Garage, Insulated
Parking Places:
2
Parking Total/Covered:
2 / -
Laundry Features:
Main Level
Lancaster Green
Central Air Conditioner, Dishwasher, Garage Control(s), Refrigerator, Stove(s), Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
15'4" × 11'4"
Main Floor
Dining Room
13'3" × 12'8"
Main Floor
Living Room
15'3" × 13'8"
Main Floor
Bedroom - Primary
15'8" × 11'10"
Main Floor
Den
13'6" × 11'8"
Main Floor
Bedroom
11' × 7'10"
Basement
Family Room
20'9" × 13'4"
Basement
Game Room
23'1" × 16'10"
Basement
Bedroom
14'7" × 10'7"
Basement
Bedroom
14'1" × 10'8"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
4
Main Floor
No
4
0' x 0'
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby
Interior Features:
Central Vacuum
Exterior Features:
None
Patio And Porch Features:
Deck
Lot Features:
Landscaped, Standard Shaped Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Red Deer
Zoning:
R1A
Listed Date:
Apr 03, 2025
  • Photo 1: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 1 of 35
  • Photo 2: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 2 of 35
  • Photo 3: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 3 of 35
  • Photo 4: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 4 of 35
  • Photo 5: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 5 of 35
  • Photo 6: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 6 of 35
  • Photo 7: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 7 of 35
  • Photo 8: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 8 of 35
  • Photo 9: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 9 of 35
  • Photo 10: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 10 of 35
  • Photo 11: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 11 of 35
  • Photo 12: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 12 of 35
  • Photo 13: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 13 of 35
  • Photo 14: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 14 of 35
  • Photo 15: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 15 of 35
  • Photo 16: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 16 of 35
  • Photo 17: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 17 of 35
  • Photo 18: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 18 of 35
  • Photo 19: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 19 of 35
  • Photo 20: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 20 of 35
  • Photo 21: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 21 of 35
  • Photo 22: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 22 of 35
  • Photo 23: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 23 of 35
  • Photo 24: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 24 of 35
  • Photo 25: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 25 of 35
  • Photo 26: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 26 of 35
  • Photo 27: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 27 of 35
  • Photo 28: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 28 of 35
  • Photo 29: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 29 of 35
  • Photo 30: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 30 of 35
  • Photo 31: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 31 of 35
  • Photo 32: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 32 of 35
  • Photo 33: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 33 of 35
  • Photo 34: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 34 of 35
  • Photo 35: 7 Lougheed Close: Red Deer Detached for sale : MLS®# A2205594
    Photo 35 of 35

Virtual Tour

Listed by Royal Lepage Network Realty Corp.
Data was last updated April 23, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
254
Avg list price:
$429,900
Min list price:
$89,999
Max list price:
$1,750,000
Avg days on market:
21
Min days on market:
1
Max days on market:
345
Avg price per sq.ft.:
$332.74
These statistics are generated based on the current listing's property type and located in Red Deer. Average values are derived using median calculations.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.