Diane Richardson

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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.

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KNEEHILL COUNTY BUNGALOWS & VILLAS FOR SALE

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  • 41 2 Avenue N: Drumheller Detached for sale : MLS®# A2213190

    41 2 Avenue N Drumheller Drumheller T0J 0Y9
    Main Photo: 41 2 Avenue N: Drumheller Detached for sale : MLS®# A2213190
    $139,900
    Residential
    Status:
    Active
    MLS® Num:
    A2213190
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    708 sq. ft.
    Welcome to Rosedale ! This one bedroom cottage style bungalow makes the perfect home, whether you are downsizing, first time home buying, relocating or looking to expand your real estate portfolio. Would make a good short term rental or 2nd home. Or Home occupation with good exposure right on Main Road. Upgrades include windows, siding, roof, mechanics and duct work, plumbing, and electrical, flooring and paint. Plenty of parking and quick possession available. With NCD Zoning To provide opportunities for focused community activity that functions as the social and economic heart of a neighbourhood. Development supports a high-quality pedestrian experience and thriving small business environment. Buildings should be oriented towards the street, with the possibility to have residential uses located on upper floors and commercial uses at grade. More details
    Listed by RE/MAX Now
    DIANE RICHARDSON
  • 461 5 Street E: Drumheller Detached for sale : MLS®# A2192200

    461 5 Street E Drumheller Drumheller T0J 0Y4
    Main Photo: 461 5 Street E: Drumheller Detached for sale : MLS®# A2192200
    $145,000
    Residential
    Status:
    Active
    MLS® Num:
    A2192200
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    688 sq. ft.
    Charming & Cozy Home in a Prime Location! Welcome to this adorable, quaint home—perfect for those seeking comfort, convenience, and affordability! Featuring main-floor laundry, one bedroom, and one bath, this cozy retreat is ideal for first-time buyers, downsizers, or anyone looking for a simpler way of living. Enjoy your private little yard, perfect for relaxing or gardening, and take advantage of the unbeatable location—just a short walk to the trail system and downtown! Whether you’re strolling to local shops and cafés or enjoying nature right outside your door, this home offers the best of both worlds. Don’t miss out on this charming gem—book a viewing today! More details
    Listed by Century 21 Masters
    DIANE RICHARDSON
  • 304 7 Avenue SW: Drumheller Detached for sale : MLS®# A2182149

    304 7 Avenue SW Drumheller Drumheller T0J 0Y6
    Main Photo: 304 7 Avenue SW: Drumheller Detached for sale : MLS®# A2182149
    $157,500
    Residential
    Status:
    Active
    MLS® Num:
    A2182149
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    1,003 sq. ft.
    A Home to call your own ! This bungalow has had numerous upgrades and is move in ready. With New shingles and electric panel, heated porch, main floor laundry hookups, flooring and fresh paint to name a few features. 2 bedrooms, a 4 piece bathroom, Shed and off street parking. Don't miss out on this little Gem. More details
    Listed by RE/MAX Now
    DIANE RICHARDSON
  • 117 Centre Street: Drumheller Detached for sale : MLS®# A2233974

    117 Centre Street Drumheller Drumheller T0J 0Y4
    Main Photo: 117 Centre Street: Drumheller Detached for sale : MLS®# A2233974
    $165,000
    Residential
    Status:
    Active
    MLS® Num:
    A2233974
    Bedrooms:
    3
    Bathrooms:
    1
    Floor Area:
    802 sq. ft.
    Location, Location, Location! This charming detached home is perfectly situated right across from the Drumheller Arena and the world-famous Giant Dinosaur — giving you front-row access to the heart of the town! Featuring 3 spacious bedrooms and 1 full bathroom. Step inside to discover a functional layout with plenty of natural light, a cozy living space, and a bright kitchen ready for your personal touch. Enjoy the convenience of being walking distance to local attractions, schools, parks, and downtown amenities. More details
    Listed by The Real Estate District
    DIANE RICHARDSON
  • 301 2nd Street E: Drumheller Detached for sale : MLS®# A2200596

    301 2nd Street E Drumheller Drumheller T0J 0Y3
    Main Photo: 301 2nd Street E: Drumheller Detached for sale : MLS®# A2200596
    $174,900
    Residential
    Status:
    Active
    MLS® Num:
    A2200596
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    660 sq. ft.
    This cozy, 2-bedroom, 1-bathroom home is the perfect turn-key opportunity for first-time homebuyers, those seeking an Airbnb property, or anyone interested in a low-maintenance rental. Located in the heart of downtown Drumheller close to shops, restaurants, a new distillery, local brewery, the Badlands Community Facility and many great trails and paths. Offering comfort, style, and convenience, this home is ready to be lived in or rented out from day one! Open concept living with bright and airy living space. Enjoy main floor laundry with your new stackable washer and dryer. Upgraded electrical with 100 Amp service. Drumheller is one of Alberta’s most popular tourist spots, especially for those interested in paleontology, nature, and history. The Royal Tyrrell Museum is a world-class facility, attracting over 500,000 visitors each year. Don't miss out on this great opportunity located in the beautiful Badlands. More details
    Listed by Royal LePage Wildrose Real Estate-Drumheller
    DIANE RICHARDSON
  • 54 Hunts Place: Drumheller Semi Detached (Half Duplex) for sale : MLS®# A2229273

    54 Hunts Place Drumheller Drumheller T0J 0Y6
    Main Photo: 54 Hunts Place: Drumheller Semi Detached (Half Duplex) for sale : MLS®# A2229273
    $179,900
    Residential
    Status:
    Active
    MLS® Num:
    A2229273
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    752 sq. ft.
    ***AFFORDABLE FULLY DEVELOPED FAMILY HOME FEATURING 4 BEDROOMS TOTAL PLUS 2 BATHROOMS*** This fully developed half duplex is perfect for the family!!! Some features of this renovated bungalow include 4 bedrooms total, 2 bathrooms, beautifully renovated kitchen, spacious living room, relaxing front deck, 5 appliances plus fully developed basement!!! All on a 3,500sqft fenced lot, walking distance to park, playground, school and shopping!!! ***EXCELLENT INVESTMENT OPPORTUNITY WITH TENANT IN PLACE*** More details
    Listed by Royal LePage Wildrose Real Estate-Drumheller
    DIANE RICHARDSON
  • 144 2 Street W: Drumheller Detached for sale : MLS®# A2234400

    144 2 Street W Drumheller Drumheller T0J 0Y4
    Main Photo: 144 2 Street W: Drumheller Detached for sale : MLS®# A2234400
    $190,000
    Residential
    Status:
    Active
    MLS® Num:
    A2234400
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    695 sq. ft.
    Drumheller Calling ? This Tiny Blue Bungalow Features modern upgrades and original charm. Off street parking for 2 , fenced yard with fire pit , picnic table and peek a boo view of The World's Largest Dinosaur . Inside you'll find open concept living at its Finest ! With stainless appliance package, pantry, and open shelving we all love. Room for eat up bar stools or dining/ living combo. With high custom ceiling, TV and Stand. Primary bedroom with original hardwood floors, a 2nd bedroom double murphy bunks which you can tuck away to use the space as office nook. Main floor laundry, Stunning 3 pc bathroom and original doors. Located just steps from Splash and skate park, the Valleys Tail system, The Brewery and everything Downtown Drumheller has to offer. Whether you're looking for affordable housing, Downsizing, Snow birding, A 2nd home away from home, Short Term Rental or long term investment This may be for you ! More details
    Listed by RE/MAX Now
    DIANE RICHARDSON
  • 443 MABBOTT Road: Drumheller Detached for sale : MLS®# A2181892

    443 MABBOTT Road Drumheller Drumheller T0J 0Y9
    Main Photo: 443 MABBOTT Road: Drumheller Detached for sale : MLS®# A2181892
    $199,900
    Residential
    Status:
    Active
    MLS® Num:
    A2181892
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    998 sq. ft.
    Step into 443 Mabbott Road, an UPDATED BUNGALOW that radiates WARMTH, CHARACTER, + TIMELESS appeal. This 2-Bedroom, 1-Bathroom HOME offers a perfect balance of VINTAGE CHARM, + MODERN CONVENIENCE, ideal for those who value COMFORT on a .41 ACRE LOT!!! With 997.53 sq. ft. of living space on the main level, this Bungalow is thoughtfully designed for Families, Couples, or anyone looking to SIMPLIFY. The ARCHITECTURAL details such as Arched Doorways/Windows, + French Doors give it CHARACTER. The New Screen door INVITES you into the Kitchen, which is the 'HEART of the HOME' with GORGEOUS Modern Cabinetry including STORAGE/PANTRY, SS Appliances, QUARTZ Countertops, + Glass Tiled Backsplash. A WOOD-BURNING STOVE creates a COZY AMBIANCE to the main Living Room area, making it a perfect RELAXING spot after a long day or for having Movie/Game Nights. A New Patio Door makes it easy to head out to the Decks to ENJOY the AMAZING VIEWS. There is plenty of room for ENTERTAINING FAMILY, + FRIENDS. The HOME’s WELCOMING layout invites you to settle in. A Dining Room accommodates a large table where LOVED ONES gather around, sharing LAUGHTER + MEMORIES. A 4 pc Bathroom with a Soaker Tub to escape the Hustle 'n Bustle of everyday life. The Primary Bedroom is a true RETREAT with a built-in bench beneath the window, offering a peaceful nook for reading, relaxation, or simply enjoying the view. The Second Bedroom is equally INVITING + VERSATILE, ready to adapt to your needs as a guest room or home office. Each room has been crafted with an eye for FUNCTIONALITY, making it easy to imagine yourself settling in. This HOME’s undeveloped Basement adds STORAGE space, a BRAND-NEW FURNACE (95% efficiency-Dec 2024), a New Electrical Panel, some NEW Plumbing Fixtures, + plenty of potential for future EXPANSION to grow as your needs change. The septic system is town water and is pumped out once a month; no septic field. The property’s expansive 0.41-acre lot is designed to help you make the most of the Drumheller landscape. This Lot needs a bit of LOVE + CARE to make it your DREAM Backyard. With a Good-Sized garage (beside an old Miner's cabin - lots of history here!), Versatile Shop, + Generous Shed. There’s ample space for STORAGE, HOBBIES, + PROJECTS. This HOME has had a complete reno, including Drywalled, Tongue/Groove 3' Plywood, + taking down trees that were dying. The Deck + Patio provide wonderful spaces to UNWIND, offering SCENIC VIEWS + TRANQUILITY that’s hard to beat. With a welcoming community, + a lifestyle that emphasizes PEACE, this bungalow is more than just a HOME—it’s an opportunity. Take a bike ride along the paved pathways + see what this area provides. There are 10 virtual staging photos in this listing. Don’t miss your chance to experience all that this GREAT property offers; Book your Viewing TODAY!!! More details
    Listed by RE/MAX House of Real Estate
    DIANE RICHARDSON
  • 1408 4 Avenue SW: Drumheller Detached for sale : MLS®# A2187648

    1408 4 Avenue SW Drumheller Drumheller T0J 0Y2
    Main Photo: 1408 4 Avenue SW: Drumheller Detached for sale : MLS®# A2187648
    $210,000
    Residential
    Status:
    Active
    MLS® Num:
    A2187648
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    1,000 sq. ft.
    ***AFFORDABLE 1 AND 1/2 STOREY HOME ON BEAUTIFUL WELL TREED OVERSIZED LOT WITH ATTACHED GARAGE AND SEPARATE WORKSHOP*** This partially renovated home has loads of extra's and is ready for quick possession!!! Some features of this 1,000sqft character home include 2 bedrooms plus office, 4pce bathroom, large kitchen, spacious open living room and dining room featuring hardwood flooring and French doors leading to your relaxing deck with custom built bench seat, main floor laundry and 26 x 14ft attached garage plus 26 x 12ft workshop!!! All on a massive 7,953sqft well landscaped lot with privacy and mature trees!!! More details
    Listed by Royal LePage Wildrose Real Estate-Drumheller
    DIANE RICHARDSON
  • 333 5 Street E: Drumheller Detached for sale : MLS®# A2219074

    333 5 Street E Drumheller Drumheller T0J 0Y4
    Main Photo: 333 5 Street E: Drumheller Detached for sale : MLS®# A2219074
    $225,000
    Residential
    Status:
    Active
    MLS® Num:
    A2219074
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    973 sq. ft.
    Downtown Charm with Character to Spare! If you’ve been dreaming of a home with soul, history, and a dash of vintage elegance—this is the one. Located in the heart of downtown, just steps from scenic walking paths, this gem is packed with original character and unique details that are getting harder and harder to find. From the original hardwood floors to the elegant chandeliers and cozy pellet stove, this home tells a story—and it’s ready for its next chapter. The cast-iron tub invites long soaks, while the oversized single detached garage gives you extra space for parking, hobbies, or storage. There’s always work to be done, but for someone with vision and a love for craftsmanship, this is an incredible opportunity to personalize a classic. Whether you’re an old-home romantic or a downtown enthusiast, this property offers charm, location, and potential in one irresistible package. More details
    Listed by Century 21 Masters
    DIANE RICHARDSON
  • 108 16 Street NW: Drumheller Detached for sale : MLS®# A2197235

    108 16 Street NW Drumheller Drumheller T0J 0Y1
    Main Photo: 108 16 Street NW: Drumheller Detached for sale : MLS®# A2197235
    $228,000
    Residential
    Status:
    Active
    MLS® Num:
    A2197235
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    736 sq. ft.
    Looking for a starter home or to downsize? Want to be close to the river & walking paths? Need a huge yard for a garden or all your toys? Look no further this place is cute, cozy & located on a quiet, tree lined street in popular lower Midland! Comes with a nice new deck, firepit area, fenced dog run area in front, loads of storage for RV's or other toys and a place to hang your hat!Other great features include:Front and rear Drive, no maintenance tin roof single garage and 10x14 shed!Call today and view this property! Buyers WANTED! More details
    Listed by Century 21 Masters
    DIANE RICHARDSON
  • 227 6 Street: Drumheller Detached for sale : MLS®# A2201565

    227 6 Street Drumheller Drumheller T0J 1B0
    Main Photo: 227 6 Street: Drumheller Detached for sale : MLS®# A2201565
    $239,000
    Residential
    Status:
    Active
    MLS® Num:
    A2201565
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,041 sq. ft.
    East Coulee calling. Here is a year round house and a nice place to raise your kids. Would also suit as a B&B or weekend cottage. This Turn key move in ready property features 2 bedrooms, 2 Bathrooms eat in kitchen, Living room with wood stove and lots of Natural Light, The Air Conditioning Keeps everyone cool. Basement has good storage, Furnace with New Parts, Hot water tank and Well. Other Upgrades include New Fridge, Shingles, and New Washing Machine . There is also sand point well pump, tank and motor in case the current one fails. The system was serviced in 2024. Outside you'll find the double detached garage, garden plot, shed, and parking for 2. An abundance of Rhubarb, Wild horseradish and trees for privacy. Steps away from the Red Deer River and the New Berm/Bike Path Walking Trail system. The Community of East Coulee has been waiting. Spring Music Festivals, Pancake breakfasts, Weekenders and Red Deer River enthusiasts. More details
    Listed by RE/MAX Now
    DIANE RICHARDSON
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Data was last updated June 26, 2025 at 04:05 PM (UTC)
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