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Real Estate in Aspen Ridge, Red Deer

Aspen Ridge draws buyers who want a fresh start in a community that is still being shaped.

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Active listings

15

Median list price

$379,900

Avg list price

$489,680

Homes for Sale in Aspen Ridge, Red Deer

Showing 12 of 15 active MLS® listings

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103 Addington Drive, Red Deer

$239,900

103 Addington Drive, Red Deer

Townhouse · 2 bath · 576 sqft

167 Addington Drive, Red Deer

$740,000

167 Addington Drive, Red Deer

2 Storey · 3 bed · 4 bath · 2,238 sqft

44 Arthur Close, Red Deer

$377,000

44 Arthur Close, Red Deer

Duplex · 2 bed · 3 bath · 1,123 sqft

44 Arthur Close, Red Deer

$377,000

44 Arthur Close, Red Deer

2 Storey,Attached-Side by Side · 2 bed · 3 bath · 1,123 sqft

18 Averill Street, Red Deer

$369,900

18 Averill Street, Red Deer

Single Level Apartment · 2 bed · 2 bath · 1,072 sqft

18 Averill Street, Red Deer

$369,900

18 Averill Street, Red Deer

Single Level Apartment · 2 bed · 2 bath · 1,072 sqft

15 Agnew Close, Red Deer

$519,900

15 Agnew Close, Red Deer

Detached Single Family · 2 bed · 3 bath · 1,507 sqft

15 Agnew Close, Red Deer

$519,900

15 Agnew Close, Red Deer

Bungalow · 2 bed · 3 bath · 1,507 sqft

22 arthur Close, Red Deer

$366,999

22 arthur Close, Red Deer

Duplex · 2 bed · 3 bath · 1,230 sqft

22 arthur Close, Red Deer

$366,999

22 arthur Close, Red Deer

2 Storey,Attached-Side by Side · 2 bed · 3 bath · 1,229.6 sqft

143 Ackerman Crescent, Red Deer

$559,900

143 Ackerman Crescent, Red Deer

Detached Single Family · 3 bed · 3 bath · 1,194 sqft

143 Ackerman Crescent, Red Deer

$559,900

143 Ackerman Crescent, Red Deer

Bi-Level · 3 bed · 3 bath · 1,194 sqft

Buying in Aspen Ridge

Who fits here

Aspen Ridge draws buyers who want a fresh start in a community that is still being shaped. Developed by Melcor on the southwest side of Red Deer — in the Anders Southeast growth corridor — this neighbourhood trades urban grit for wide lots, new-construction streetscapes, and the kind of quiet that comes from moving in before everyone else has arrived. Young families are the dominant demographic: there are plans-approved parks and stormwater ponds woven through the plan area, G.W. Smith elementary (the designated public feeder, with French Immersion) is close by, and Hunting Hills High School anchors the secondary pathway. Catholic families draw on the Red Deer Catholic Regional Division network nearby. Buyers running dual-income households commuting into Red Deer''s health, trades, and retail sectors appreciate that Aspen Ridge sits minutes from Highway 2A and a short drive to the QE2, keeping both Red Deer Polytechnic on Donald Boulevard and the Red Deer Regional Hospital Centre within a 15-minute radius. The trade-off: because Aspen Ridge is newer, not all community infrastructure is fully built out yet — buyers who want an established main street should look elsewhere, but those who want equity-building potential in a city that hit 100,000 residents in 2021 will find the timing compelling.

Current market in the neighbourhood

Aspen Ridge is an actively developing neighbourhood, so the market reflects a mix of new-construction and early resale activity. Homes here are currently listed in the – range, with an average list price of $489,680 and a median list price of $379,900. There are currently 15 active listings in the area. Over the past 12 months, homes have sold with a median sold price and an average sold price. Sellers have been achieving of their asking price on average, and homes are spending an average of days on market before selling — a useful benchmark when timing your offer.

Commute and lifestyle

Aspen Ridge sits in the southwest of Red Deer, a city that sits almost exactly midway between Calgary (roughly 145 km south) and Edmonton (roughly 150 km north) along the Queen Elizabeth II Highway corridor. Day-to-day commutes within Red Deer are short: the downtown core and Red Deer Regional Hospital Centre are reachable in under 15 minutes, and Red Deer Polytechnic''s main campus on Donald Boulevard is similarly close. For regional travel, quick access to Highway 2A connects to the QE2 on-ramps south of the city, putting Gasoline Alley''s big-box retail (Costco, theatre, home improvement stores) about 10 minutes away and Calgary International Airport under 90 minutes. Red Deer Transit''s Route 130 serves the Anders-area corridors for car-free commuters. Lifestyle anchors within the neighbourhood include the Waskasoo Park trail system — over 110 km of multi-use paths winding through the city — Bower Ponds for year-round outdoor activity, and Kerry Wood Nature Centre for family outings. The planned open space and stormwater pond features within the Aspen Ridge area structure plan add future green-space value directly in the neighbourhood.

Long-term context

Aspen Ridge benefits from two converging forces: it is a new community in a city whose population crossed 100,000 in 2021 — a milestone that tends to accelerate service investment and retail attraction — and it sits in the Anders Southeast growth area that the City of Red Deer designated for long-term residential expansion. New neighbourhoods in this corridor, including Anders Park, Anders Park East, and Anders South, have established a track record of attracting owner-occupiers who trade central-city convenience for newer stock, larger lots, and lower deferred-maintenance costs. Red Deer''s economy is diversified across health care, trades, oil and gas services, retail, and post-secondary education, which has historically provided a cushion against single-sector downturns. For buyers entering Aspen Ridge in the current build-out phase, the value proposition rests on getting into a still-developing community before full infrastructure completion drives list prices higher — the pattern seen in the adjacent Anders neighbourhoods as they matured.

About Aspen Ridge

Overview

Aspen Ridge is a comprehensively planned residential community located in southeast Red Deer. Known for its quiet atmosphere, the neighbourhood successfully balances peaceful suburban living with easy access to modern conveniences. The area is characterized by its abundant green spaces, integrated walking trails, and family-oriented environment.

Location

The neighbourhood is strategically located in the southeast quadrant of Red Deer, bordered roughly by 30th Avenue to the east and 22nd Street to the south. Aspen Ridge sits adjacent to the established Anders Park community, offering straightforward access to major arterial routes and the broader city.

Housing character

The housing landscape in Aspen Ridge is predominantly defined by single-family detached homes, supplemented by a selection of townhouses and condominiums. Development largely took place after the year 2000, resulting in modern builds that typically feature three or more bedrooms. With an reflecting a mid-range market position, the community maintains a high homeownership rate of over 80 percent, alongside an average of 15 active properties available to prospective buyers.

Schools

Aspen Ridge falls within the catchment for several reputable Red Deer schools. Public school options for local students include G.W. Smith Elementary, Eastview Middle School, and Hunting Hills High School. Families also have access to Catholic education, with École Secondaire Notre Dame High School located within a short commute.

Transit

Aspen Ridge is primarily a car-dependent neighbourhood, offering easy navigation and abundant parking for drivers. Public transit is available via local bus routes that connect riders to the main Red Deer transit network. For active commuters, the area features well-maintained pathways and good overall cycling infrastructure.

Shopping and dining

While the immediate residential streets remain quiet, residents are only a short distance from essential commercial amenities. Nearby shopping centers provide access to major grocers like Save-On-Foods and Co-op, along with pharmacies, medical clinics, local coffee shops, and a variety of casual dining and takeout restaurants.

Parks and recreation

Green space is a defining feature of the neighbourhood, anchored by a central park and school site. The community is designed around a scenic linear park on its eastern edge and features a storm detention pond surrounded by walking trails. Additionally, the comprehensive fitness and aquatic amenities of the Collicutt Centre are located just a short drive away.

Lifestyle

The lifestyle in Aspen Ridge is characterized by a relaxed, family-friendly atmosphere. The tranquil streets appeal to those seeking a quiet suburban environment without sacrificing urban convenience. With properties spending on the market, it is a stable and desirable community for both growing families and retirees.

See recent sold prices in Aspen Ridge, Red Deer

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Frequently Asked Questions

Under Red Deer Public School Division boundaries, Aspen Ridge students attend G.W. Smith Elementary (which also offers French Immersion), Eastview Middle School, and Hunting Hills High School. Catholic families are served by Red Deer Catholic Regional Division schools in the broader southwest area.

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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 calculated by instantestimate.house and is provided as a general estimate only.

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 June 9, 2026 at 7:00 pm (America/Edmonton)