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Real Estate in Redwood, Lethbridge

Redwood is a well-established south Lethbridge neighbourhood built primarily in the 1970s and 1980s, and it draws buyers who want a solid, move-in-ready home without the premium price tag of newer developments.

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Active listings

7

Median list price

$499,900

Avg list price

$415,700

Homes for Sale in Redwood, Lethbridge

Showing 9 of 7 active MLS® listings

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3302 20th Avenue S, Lethbridge

$395,000

3302 20th Avenue S, Lethbridge

Bungalow · 3 bed · 2 bath · 1,008 sqft

2223 42 Street S, Lethbridge

$499,900

2223 42 Street S, Lethbridge

4 Level Split · 3 bed · 4 bath · 2,094 sqft

4210 20 Avenue S, Lethbridge

$1,600

4210 20 Avenue S, Lethbridge

Other · 870 sqft

3802 Oak Drive S, Lethbridge

$599,900

3802 Oak Drive S, Lethbridge

2 Storey · 3 bed · 4 bath · 2,410.78 sqft

3606 Spruce Drive S, Lethbridge

$560,000

3606 Spruce Drive S, Lethbridge

Bungalow · 3 bed · 3 bath · 1,539.36 sqft

2110 36 Street South, Lethbridge

$519,900

2110 36 Street South, Lethbridge

Detached Single Family · 3 bed · 2 bath · 1,131 sqft

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1410 43 Street South, Lethbridge

$175,000

1410 43 Street South, Lethbridge

Modular/Mobile · 3 bed · 1 bath · 1,100 sqft

3733 21 Avenue S, Lethbridge

$637,500

3733 21 Avenue S, Lethbridge

Bungalow · 3 bed · 3 bath · 1,920 sqft

3514 20 Avenue S, Lethbridge

$216,000

3514 20 Avenue S, Lethbridge

Single Level Apartment · 2 bath · 591 sqft

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Buying in Redwood

Who fits here

Redwood is a well-established south Lethbridge neighbourhood built primarily in the 1970s and 1980s, and it draws buyers who want a solid, move-in-ready home without the premium price tag of newer developments. The neighbourhood suits families looking for walkable green space — Redwood Park sits at its heart, with mature trees, soccer fields, a playground, horseshoe pits, and a sledding hill that gets heavy use every winter. Young professionals appreciate the central location: Lethbridge Polytechnic is roughly a five-minute drive along College Drive South, and the downtown core is similarly close. The housing mix leans toward single-family homes but includes townhomes, duplexes, and apartments, which brings a range of buyers and price points into the same streets. Retirees looking to downsize without leaving the south side find the flat topography, well-lit pathways, and proximity to the College Centre Mall and Magrath Drive commercial strip genuinely practical. Buyers who value mature landscaping, character street trees, and a neighbourhood that already has its roots firmly in place tend to choose Redwood over newer subdivisions where the trees are still saplings.

Current market in the neighbourhood

Redwood typically offers some of the best relative value on Lethbridge''s south side. The current median sold price sits, with an average of across all property types. Homes are selling at of list price on average, and the typical listing spends days on market before a deal is struck. Over the past 12 months, properties have changed hands in the neighbourhood. Active buyers can expect to find listings ranging from, with average price per square foot running. The median list price currently sits at $499,900 — a reflection of the neighbourhood''s affordability advantage relative to comparable south Lethbridge communities.

Commute and lifestyle

Redwood sits in south Lethbridge at roughly the geographic midpoint between the downtown core and the city''s southern commercial corridors, which makes daily errands unusually efficient. Lethbridge Polytechnic''s main campus at 3000 College Drive South is a short drive or bikeable trip for students and staff. The University of Lethbridge is accessible via Lethbridge Transit, with the south side well-served by bus routes connecting to the city''s transit network. For drivers, major routes through south Lethbridge provide quick access to Highways 3, 4, and 5 — handy for anyone commuting to Coaldale, Taber, or further into southern Alberta. Day-to-day lifestyle is centred on walkable convenience: the College Centre Mall, Costco, and Magrath Drive''s restaurants, gas stations, and retail sit on the western and southern edges of the neighbourhood. Henderson Lake and its adjacent recreation facilities are minutes away to the east. Redwood Park itself functions as a neighbourhood living room year-round — pathways for walking and cycling in summer, a sledding hill in winter, and soccer fields throughout. The prevalence of Chinook winds through Lethbridge''s winters means residents enjoy more mild-weather days than nearly anywhere else on the Canadian prairies, making outdoor access practical even in January.

Long-term context

As an established south Lethbridge neighbourhood, Redwood benefits from the kind of long-run stability that only comes with age. The housing stock dates primarily from the 1970s and 1980s — a period when lots were generous and construction was built to last — and the neighbourhood''s mature tree canopy and park system are assets that newer subdivisions simply cannot replicate quickly. South Lethbridge as a whole is described by the City as the commercial heart of Lethbridge, anchored by the downtown core, Lethbridge Polytechnic, and the bulk of the city''s retail base. That institutional foundation provides a floor on demand that insulates established neighbourhoods like Redwood from sharp downswings. Lethbridge itself has seen steady population growth as a regional service hub for southern Alberta, and the city''s affordable housing market relative to Calgary and Edmonton continues to attract first-time buyers and investors. For buyers entering Redwood at current prices, the combination of central location, mature amenities, and relative affordability compared to newer builds presents a compelling long-term ownership case.

About Redwood

Overview

Redwood is a vibrant, family-friendly neighbourhood in South Lethbridge known for its affordable housing, quiet tree-lined streets, and welcoming community atmosphere. With a mix of families, students, and retirees, it offers suburban tranquility with easy access to urban amenities. The current market shows an active listing count of 7, with properties spending an average of on the market.

Location

Located in South Lethbridge, Redwood is generally bordered by 43 Street South, 24 Avenue South (Highway 4), and Mayor Magrath Drive. Its strategic position offers residents quick access to major city roadways, while both the University of Lethbridge and Lethbridge College are easily accessible via a short drive.

Housing character

The housing landscape in Redwood is notably affordable, with apartments and small multi-family buildings making up nearly half of the dwellings. These are complemented by cozy single-family bungalows and townhouses, with the majority of construction having taken place between 1960 and 1980. The neighbourhood offers an accessible entry point for buyers, featuring a median sold price and an average sold price.

Schools

Redwood is well-served by nearby educational institutions, making it a highly practical choice for families. While there are no high schools directly within its borders, younger students have a very short commute to primary options like École Agnes Davidson Elementary. Older students can easily access Catholic Central High School and Lethbridge Collegiate Institute in neighbouring South Lethbridge communities.

Transit

Transportation in Redwood is highly car-friendly, offering straightforward driving access and ample parking. While the area is considered less transit-dependent for foot traffic, Lethbridge Transit provides several bus routes that connect residents to commercial hubs and the rest of the city. The flat terrain and quiet streets also make the neighbourhood well-suited for cycling.

Shopping and dining

Residents enjoy highly convenient access to everyday amenities. The commercial corridors along Mayor Magrath Drive and the southern edges of the neighbourhood feature a variety of developments, including grocery stores, pharmacies, convenience shops, and a diverse selection of local restaurants, ensuring that essential services are always within a short trip.

Parks and recreation

Green space is a major highlight, anchored by the beautiful 14.9-acre Redwood Park at the centre of the neighbourhood. It features mature trees, walking trails, a playground, soccer fields, bocce lanes, horseshoe pits, and a popular winter sledding hill. Smaller local green spaces like Cedar, Palm, and Sequoia Park are also nestled throughout the community.

Lifestyle

Life in Redwood is characterized by a slower-paced, peaceful environment. The community fosters a strong sense of belonging, appealing to anyone who enjoys a quiet yet active lifestyle. Real estate remains competitive for those seeking affordability, with homes boasting a sale-to-list ratio and seeing sales over the past year.

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Frequently Asked Questions

Redwood has a diverse mix of housing types, including single-family homes, townhomes, duplexes, and apartments. Most were built in the 1970s and 1980s, giving the neighbourhood a mature character with larger lots and established landscaping. Current listings range from.

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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.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is generated by an automated valuation model using publicly available data, including municipal property assessments. It is a general estimate only, not an appraisal.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on September 23, 2026 at 9:00 pm (America/Edmonton)