Attention investors and renovators! This 1027 sq ft bungalow in Red Deer’s mature Parkvale neighbourhood offers plenty of potential for a buyer willing to put some work in, and sits on an extra deep lot that can easily accommodate a large detached garage or ample off street parking. This property offers newer shingles, vinyl windows, and updated exterior doors. The main floor features a large kitchen with ample cabinetry and space to redesign, a separate formal dining space, and a living area at the back of the home overlooking the yard. Also on this level are 2 nicely sized bedrooms and a 4-piece bathroom with an updated tub surround and laundry space. The basement features a separate entry, a large family room, 3rd bedroom, a den area, a 3-piece bathroom, and a second kitchen space that adds even more versatility. This home is ready for substantial updates throughout, but offers a great opportunity to redevelop the space to match your own ideas. Parkvale is known for its central location offering scenic walking paths along Waskasoo Creek, playgrounds, tennis courts, the rec centre, and easy access to downtown shopping. For those ready to roll up their sleeves, this property offers space, location, and strong potential for the right buyer.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,027 sq. ft.95.4 m2
Main Level Finished Area:
1,027 sq. ft.95.4 m2
Acreage:
No
Lot Area:
4,788 sq. ft.445 m2
Lot Frontage:
37'6"11.4 m
Front Exposure:
North
Unit Exposure:
North, South
Levels:
One
Total Rooms Above Grade:
5
Year built:
1948
(Age: 77)
Bedrooms:
3
(Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
3591P
Heating:
Forced Air, Natural Gas
Basement:
Full, Partially Finished, Separate/Exterior Entry
Foundation:
Brick/Mortar
New Constr.:
No
Construction Material:
Brick, Stucco, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Alley Access, Off Street
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
Main Level
Parkvale (Red Deer)
Other
All Appliances in Home Sold As-Is, Where-Is
None Known
Floor
Type
Size
Other
Main Floor
Living Room
11'6"3.51 m × 10'8"3.25 m
Main Floor
Dining Room
16'1"4.90 m × 11'10"3.61 m
Main Floor
Kitchen
14'8"4.47 m × 11'11"3.63 m
Main Floor
Bedroom
10'6"3.20 m × 9'9"2.97 m
Main Floor
Bedroom - Primary
10'5"3.18 m × 10'4"3.15 m
Basement
Game Room
20'6.10 m × 11'3.35 m
Basement
Kitchen
16'9"5.11 m × 11'2"3.40 m
Basement
Bedroom
11'2"3.40 m × 10'6"3.20 m
Basement
Den
13'10"4.22 m × 9'1"2.77 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
0' x 0'
Basement
No
3
0' x 0'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Laminate Counters, Separate Entrance, Storage
Exterior Features:
Private Entrance
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Back Yard, Front Yard, Interior Lot, Rectangular Lot
Data was last updated October 3, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
335
Avg list price:
$450,000
Min list price:
$95,000
Max list price:
$2,150,000
Avg days on market:
30
Min days on market:
1
Max days on market:
330
Avg price per sq.ft.:
$344.7
These statistics are generated based on the current listing's property type
and located in
Red Deer. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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.