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

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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.

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RED DEER HOMES FOR SALE UNDER $1,000,000

When searching Red Deer listings click on DETAILS to view information about the listing and click on MORE... to view the property on a map, schedule a showing, email the listing or check affordability on the mortgage calculator. Every effort is made to make it as easy as possible for you to find and learn about Red Deer houses, townhomes & condos on AlbertaTownandCountry.com.


Diane Richardson @ 403-397-3706 (call or text) or email Diane@drichrealty.com


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1-12/352
  • 671 6940 63 Avenue: Red Deer Mobile for sale : MLS®# A2244811

    671 6940 63 Avenue Red Deer Red Deer T4P 1K5
    Main Photo: 671 6940 63 Avenue: Red Deer Mobile for sale : MLS®# A2244811
    $22,500
    Mobile
    Status:
    Active
    MLS® Num:
    A2244811
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    952 sq. ft.
    Clean Mobile on one of the Biggest Lots in Mustang Acres. Lots of room for kids and pets. Playground structure is included. Kitchen and Livingroom both have laminate flooring. 2nd Bedroom was 2 bedrooms and the wall was removed between them, it can easily be put back to make this a 3 bedroom Mobile. Hot water tank was upgraded. Water/Sewer, Garbage/Recycle included in Lot rent. Quick possession for clean safe housing. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 152 5344 76 Street: Red Deer Mobile for sale : MLS®# A2214011

    152 5344 76 Street Red Deer Red Deer T4P 2A6
    Main Photo: 152 5344 76 Street: Red Deer Mobile for sale : MLS®# A2214011
    $40,000
    Mobile
    Status:
    Active
    MLS® Num:
    A2214011
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    722 sq. ft.
    Ideal starter home, move-in ready with potential to personalize with your own style. Updated windows and partially updated flooring, bright 4-piece bathroom, master bedroom and big closets in both bedrooms. Fully fenced yard with manageable green space, raspberry bushes and 2-car parking pad. The $998 lot rent covers water, sewer and garbage collection, and includes free community hall bookings for your family holidays, birthday parties and neighborhood gatherings. The hall features loads of seating, a kitchen, workout room and pool table. The community park has a playground and basketball half-court for the summer and a great hill to sled down in the winter months. Very close to schools, shopping, parks, churches and public transportation. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 154 5344 76 Street: Red Deer Mobile for sale : MLS®# A2235107

    154 5344 76 Street Red Deer Red Deer T4P 2A6
    Main Photo: 154 5344 76 Street: Red Deer Mobile for sale : MLS®# A2235107
    $42,500
    Mobile
    Status:
    Active
    MLS® Num:
    A2235107
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    902 sq. ft.
    Welcome to Northwood Estates!! This 3-bedroom, 1-4pc bath, mobile home features lots of great space and offers some upgrades to shingles and vinyl windows as well as hallway flooring. The laundry space has been relocated from the hallway area to a small utility room just off the kitchen, offering extra storage space. Outside features a large fenced yard with an additional fenced garden area and garden-storage shed. The deck measures 31'L X 8'W & rocks a southwest exposure, pouring warm, bright sunshine into the yard for the green thumb or sun worshipper. The clubhouse offers a pool table, a wall-mounted TV, and a kitchenette with hosting space for larger gatherings, a playground area for the kids. The park is well-kept and features snow removal in the winter. Pad rental fees are $998.00 per month. Perfect starter home to get started with a break-in to the housing market!! More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 116 5344 76 Street: Red Deer Mobile for sale : MLS®# A2233952

    116 5344 76 Street Red Deer Red Deer T4P 2A6
    Main Photo: 116 5344 76 Street: Red Deer Mobile for sale : MLS®# A2233952
    $55,000
    Mobile
    Status:
    Active
    MLS® Num:
    A2233952
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    994 sq. ft.
    This beautiful home in Red Deer Village provides everything a young family could want. Two big bedrooms and a third room that could be used for storage, an office, deep freezer, or all three! The kitchen is decked out with fridge, stove, microwave and portable dishwasher. The living room is a bright loving space to hang out, but let's be honest. The yard is where you'll be. It's one of the biggest yards you'll find in the park, with trees, lilacs, garden boxes filled with potatoes, a nice sized shed and a full fence that opens up to the community park. There you'll find a playground and basketball halfcourt, sled/bike hill and the community hall. The $998 lot rent provides you access to the hall for free bookings, use of the games room and gym equipment. Lot rent also covers water, sewer, and waste bin pickup. Book your showing today! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 106 5029 34 Street: Red Deer Mobile for sale : MLS®# A2231939

    106 5029 34 Street Red Deer Red Deer T4N 0P4
    Main Photo: 106 5029 34 Street: Red Deer Mobile for sale : MLS®# A2231939
    $69,900
    Mobile
    Status:
    Active
    MLS® Num:
    A2231939
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    908 sq. ft.
    Welcome to this renovated and move-in-ready 3-bedroom, 1-bath mobile home, originally built in 1982 and extensively updated throughout. Set on a spacious lot with mature shade trees, two parking spaces, and a fenced yard, this home offers excellent comfort, functionality, and value. Inside, you’ll find a bright, open-concept kitchen and living area with fresh paint throughout. The walls have been primed with two coats and are ready for your choice of color. The kitchen features brand-new appliances, a modern tile backsplash, and a decorative accent wall. The renovated 4-piece bathroom includes new tile work, stylish half-wall paneling, and updated fixtures. Durable, waterproof flooring has been installed throughout the home. Additional interior upgrades include updated lighting, new energy-efficient windows, new window and door casings, crown molding, and upgraded baseboards. The laundry area includes washer and dryer. Mechanical updates include a high-efficiency furnace installed within the last year, a new high-performance hot water tank, and fully updated electrical systems for improved safety and performance. Outdoor living is enhanced with a newly built sunroom and deck. Both structures are well underway, and materials are included to complete the sunroom flooring. The sunroom features a metal roof and window enclosures, offering a comfortable outdoor space. A generously sized shop provides excellent space for storage or hobbies, and an additional shed offers extra storage options. The fenced yard includes a new gate and is ideal for pets or added privacy. Lot rent is $575 per month and includes water, garbage pickup, and snow removal—making this home both affordable and low-maintenance. This is a fantastic opportunity for buyers seeking a turn-key home with major upgrades, located in a quiet and well-maintained community. More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • #826 6834 59 Avenue: Red Deer Mobile for sale : MLS®# A2243024

    #826 6834 59 Avenue Red Deer Red Deer T4P 1C9
    Main Photo: #826 6834 59 Avenue: Red Deer Mobile for sale : MLS®# A2243024
    $79,900
    Mobile
    Status:
    Active
    MLS® Num:
    A2243024
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    1,124 sq. ft.
    Ready for an immediate possession and undoubtedly one of the best locations in the park, this 3 bedroom unit offers a number of great features. Sit and relax on your fully covered 32 x 10 ft deck which overlooks the mature yard and landscaping. Plenty of low maintenance flowers and shrubs plus even a tree lined border the fence for added privacy plus even fruit trees for some added enjoyment. Updated siding on unit as well as newer windows and shingles all add to the exterior envelope. Inside find a large front sitting room with plenty of windows for natural light. An abundance of cupboards in the large kitchen space with ample counter top room as well. All three matching white appliances are included with the addition of the washer/dryer down the hall. Two guest bedrooms plus a sizable Primary bedroom with excellent size closet space and a full four piece main bath. There is also a generous size family room which would be ideal for media area, large office space or even an additional guest room. Ample parking space right pout front and there is a small storage shed out back perfect for landscaping equipment. New heat tape replaced under unit last year. Located right across from the large green space plus play ground area meaning no immediate neighbors to the south. Monthly park rent is $895.00 More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • #301 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2218738

    #301 4820 47 Avenue Red Deer Red Deer T4N 6B9
    Main Photo: #301 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2218738
    $89,900
    Residential
    Status:
    Active
    MLS® Num:
    A2218738
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    489 sq. ft.
    Cozy & Convenient Living in Downtown! Welcome to this charming 1-bedroom, 1-bathroom apartment ideally located across from Red Deer's beautiful trail system and just steps from Red Deer’s vibrant downtown core. Enjoy the comfort of an open layout featuring a large entryway, generous living room, and good sized bedroom. The functional galley-style kitchen and full 4-piece bathroom offer everything you need in a compact and efficient design. With all utilities included in the condo fees, worry-free living is part of the package. Laundry facilities are conveniently located on the same floor, and an on-site property manager adds to the security and ease of ownership. Whether you're a first-time buyer, downsizing, or investing, this is an excellent opportunity to own a home in a central location close to parks, shopping, dining, and transit. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 103 5502 58A Street: Red Deer Apartment for sale : MLS®# A2229717

    103 5502 58A Street Red Deer Red Deer T4N 2M3
    Main Photo: 103 5502 58A Street: Red Deer Apartment for sale : MLS®# A2229717
    $89,900
    Residential
    Status:
    Active
    MLS® Num:
    A2229717
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    677 sq. ft.
    ATTN INVESTORS, FIRST TIME BUYERS & DOWNSIZERS! REALLY CUTE & AFFORDABLE 1 BED, 1 BATH CONDO ACROSS FROM A GREEN SPACE -A MUST SEE & MOVE IN READY! ! Enjoy comfort, convenience, and a prime location with this well-appointed 1 bed, 1 bath condo perfectly situated right across from a peaceful green space. Step inside to find a spacious living room, a functional kitchen with adjoining dining area, a full 4-piece bathroom, and a generously sized bedroom. There's even a dedicated storage space for your added convenience. Just across the hall, you'll find a laundry room, and your own assigned parking stall is included. The affordable condo fee of $467.64/month covers heat, water, sewer, grounds maintenance, and professional management—making budgeting a breeze! Pet lovers will appreciate that pets are welcome (with some restrictions). Located close to schools, shopping, scenic parks, and walking trails, this really nice condo offers the perfect balance of lifestyle and location. Whether you're a first-time buyer, downsizer, or investor, this condo is ready for your personal touch and immediate enjoyment & possession. Don’t miss this opportunity to own an affordable home in a great community—book your showing today! More details
    Listed by eXp Realty
    DIANE RICHARDSON
  • 310 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2219400

    310 4820 47 Avenue Red Deer Red Deer T4N 6B9
    Main Photo: 310 4820 47 Avenue: Red Deer Apartment for sale : MLS®# A2219400
    $95,000
    Residential
    Status:
    Active
    MLS® Num:
    A2219400
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    482 sq. ft.
    Welcome to #310, 4820 47 Avenue, a well-maintained one-bedroom, one-bathroom condo ideally situated in the heart of Red Deer. This prime downtown location offers easy access to the city’s best amenities, including the vibrant downtown core, shopping, dining, medical services, the Golden Circle, the Farmers Market, and the beautiful nearby trail system. Inside, the unit features a spacious, open layout with a bright and inviting living room, a functional galley-style kitchen with ample counter space and modern appliances, a good-sized bedroom, and a full four-piece bathroom. All utilities are included in the condo fees, offering convenient and worry-free living. Additional highlights include laundry facilities located on the same floor, an on-site property manager for added security, and assigned parking for your vehicle. This condo is an excellent choice for first-time buyers, downsizers, or investors looking for a centrally located property with great rental potential and desirable features. More details
    Listed by Century 21 Advantage
    DIANE RICHARDSON
  • 5826 57 Street: Red Deer Residential Land for sale : MLS®# A2236387

    5826 57 Street Red Deer Red Deer T4N 2L4
    Main Photo: 5826 57 Street: Red Deer Residential Land for sale : MLS®# A2236387
    $109,999
    Land
    Status:
    Active
    MLS® Num:
    A2236387
    Explore this spacious mature lot for your upcoming residential construction project! While the current zoning is R1, there is the potential for rezoning to R2 through the completion of necessary paperwork required with the City of Red Deer. The property is partially fenced and features access to a back alley, complemented by impressive, mature trees. Within a short walk or a quick bike ride, you'll find schools, playgrounds, bus services, the Red Deer River, Bower Ponds, and the newly developed Capstone subdivision! More details
    Listed by Royal Lepage Network Realty Corp.
    DIANE RICHARDSON
  • 304 4904 54 Street: Red Deer Apartment for sale : MLS®# A2230794

    304 4904 54 Street Red Deer Red Deer T4N 2G8
    Main Photo: 304 4904 54 Street: Red Deer Apartment for sale : MLS®# A2230794
    $119,900
    Residential
    Status:
    Active
    MLS® Num:
    A2230794
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    819 sq. ft.
    Ready for a quick possession, this updated two bedroom condo is ideal for an investment or personal holding property. Have a positive cash flow with next to zero maintenance involved or enjoy your own care free lifestyle to come and go. All newer vinyl flooring has been installed for ease of care and durability. Entire unit has recently seen a fresh coat of paint to brighten things up. The spacious living and dining combo are open and full of natural light. Nice galley kitchen with a good amount of cupboard and counter space plus includes fridge & stove. The four piece bath has been redone with all new tile surround, paint and fixtures as well. Two excellent size bedrooms even offer ample closet space for your furnishings. In-suite laundry is an added bonus with the low voltage combo washer/dryer. One assigned parking stall to the unit which also is powered. Nice front entrance into building with security door intercom. Close to numerous amenities you are only a short walk to shopping, groceries, dining and entertainment. Investment or ownership the choice is yours. More details
    Listed by RE/MAX real estate central alberta
    DIANE RICHARDSON
  • 401 4700 55 Street: Red Deer Apartment for sale : MLS®# A2208591

    401 4700 55 Street Red Deer Red Deer T4N 2H8
    Main Photo: 401 4700 55 Street: Red Deer Apartment for sale : MLS®# A2208591
    $119,950
    Residential
    Status:
    Active
    MLS® Num:
    A2208591
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    840 sq. ft.
    This well-maintained condo features 2 spacious bedrooms, updated tile and vinyl flooring, and the added privacy of an end unit. Large windows fill the home with natural light, creating a warm and inviting atmosphere. The kitchen is well-equipped with a fridge, stove, dishwasher, and ample cupboard and counter space—perfect for everyday living. Enjoy a large balcony, in-suite storage and assigned parking for your convenience. Ideal for first-time buyers, investors, or those looking to downsize. More details
    Listed by Maxwell Real Estate Solutions Ltd.
    DIANE RICHARDSON
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