Buy Investment? Where to Invest in Real Estate in Red Deer

Man calculating real estate investment

Are you feeling overwhelmed by the myriad of investment choices in Red Deer, Central Alberta’s real estate market? Do market trends and analytics seem daunting to you? 

Then you’ve come to the right place. 

Wondering where to invest in Real Estate in Red Deer? Here are 4  top neighbourhoods I can recommend:

  1. Clearview Ridge
  2. Lancaster Green
  3. Anders South
  4. Timberlands

Before we start diving in, let’s take a peek at Red Deer real estate market trends. Enjoy the read!

Real Estate Market Trends: Hot Investment Properties

Thinking about buying a house in Red Deer? You’ve got good reason to. Red Deer is a great place to live!

Young families and professionals are heading here, looking for that perfect spot to settle down. 

They want houses with room to grow, close to schools for the kids and shops for convenience. That’s why townhouses and single-family homes are what everyone’s after. As a realtor or investor, these should be on your radar. They’re the investment properties that are in demand. 

Real estate investment in Red Deer is about finding spots that meet these needs. Look for places where families find comfort and life gets easier. Keep your eyes on neighbourhoods that deliver on these fronts; they’re where you want to invest.

Here are 4 neighbourhoods I’ll generally recommend to you.

1. Red Deer’s Clearview Ridge

If you plan to buy property in Red Deer, take advantage of Clearview Ridge. Many realtors like myself have excellent listings here. 

Why? It’s a neighbourhood that families are happy to call home. There’s a variety of houses to choose from and schools close by. Plus, plenty of places to play and relax.

Let’s get down to the facts:

  • Safety first: The crime rate here is way down—34% lower than the city’s average.
  • Your wallet will thank you: The cost of living is just a tad higher, only 3% above the city’s average.
  • Fun and food: From parks to eateries, there’s loads to enjoy right on your doorstep.

Clearview Ridge ticks the boxes for what families want, making it a smart part of real estate investing.

2. Bustling Lancaster Green: Where Community Meets Convenience

In Lancaster Green, buyers find a community that hits all the right notes for a great investment. People are looking for a home that goes beyond the basics. They want a vibrant area where families can thrive. 

Here, residents enjoy peace of mind with a crime rate that’s 38% lower than the city’s average. Buyers will have to spend a little extra, though. 

Why? Because the cost of living is 3% higher than the Red Deer average. But many agree it’s worth it for the quality of life. 

Of course, the amenities play no small part. You’ve got: 

  • Westerner Park for events and festivals
  • Galaxy Cinemas Red Deer for movie nights
  • Dining options like Red Swan Pizza and The Maki 2 Go are available for those evenings when you just don’t feel like cooking.

Lancaster Green offers buyers a place where life happens. Full opportunities for enjoyment and community connections.

3. Upscale Anders South: Luxury Property Meets Demand

When you hear about Anders South, think of upscale living and exclusive vibes. If you want to learn about a place where real estate investments are synonymous with class, this is it. 

Let’s break it down:

  • Feel secure with a crime rate that’s a whopping 60% lower than what you’d find in the rest of the city.
  • Be prepared to invest a bit more, as living costs are 7% higher than the city average. This reflects the posh market and high-quality lifestyle the area offers.
  • Serenity is a big deal here. You’ll find quiet streets and schools for all ages close by. This is perfect if you’re eyeing the rental market for families.

In Anders South, your investment will mean buying into a peaceful, well-to-do community where luxury is the standard.

4. Emerging Timberlands: Growth and Opportunity

Timberlands is catching the eye of folks interested in the potential of real estate investing, and for good reason. This neighbourhood is on the rise, showing signs that it’s got plenty of room to grow. 

Here’s the lowdown:

  • Safety is a big plus here, with crime rates 34% lower than the average across Red Deer.
  • The cost of living? It’s manageable—only 6% above the city average. That’s a sign of a community expanding and drawing more interest.
  • The homes and amenities are new, modern, and just what people looking for a fresh start want.

If you’re hunting for an investment property where the future looks bright, Timberlands should be on your radar. It’s where new meets opportunity, and it’s just waiting for savvy investors to take notice.

Where to Invest in Real Estate in Red Deer?

These are general recommendations I can make. However, finding the right home for investment depends on your personal circumstances. 

That’s why it’s invaluable to connect with a local expert who can offer advice tailored to your unique investment goals. 

Start your search here, and we’ll get back to you right away with a personalized listing. 

Picture of Andrew Russell

Andrew Russell


Andrew Russell, born and bred in Red Deer, stands as a leading authority in Central Alberta real estate, backed by 16 years of expertise. Licensed at 19 and mentored by his father, a 27-year industry veteran, Andrew has been the top residential RE/MAX Realtor in the region since 2014. His dedication to relationship-building and unparalleled service has garnered a referral-driven client list, numerous RE/MAX accolades, and national recognition. Outside of real estate, Andrew is a family man, avid hockey coach, and golfer.


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