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Real Estate in Grandview, Red Deer

Grandview is a well-established north-central Red Deer neighbourhood built primarily before the 1960s through the 1980s, giving it the mature street trees, oversized lots, and solid brick-and-stucco construction that newer subdivisions simply cannot replicate.

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Active listings

5

Median list price

$390,000

Avg list price

$441,960

Homes for Sale in Grandview, Red Deer

Showing 5 of 5 active MLS® listings

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3919 43 Avenue, Red Deer

$599,900

3919 43 Avenue, Red Deer

Detached Single Family · 3 bed · 3 bath · 1,479 sqft

3919 43 Avenue, Red Deer

$599,900

3919 43 Avenue, Red Deer

4 Level Split · 3 bed · 3 bath · 1,479 sqft

4413 40A Avenue, Red Deer

$310,000

4413 40A Avenue, Red Deer

Detached Single Family · 3 bed · 2 bath · 1,058 sqft

4413 40A Avenue, Red Deer

$310,000

4413 40A Avenue, Red Deer

Bungalow · 3 bed · 2 bath · 1,058 sqft

4117 45 Street, Red Deer

$390,000

4117 45 Street, Red Deer

Detached Single Family · 3 bed · 2 bath · 1,003 sqft

Buying in Grandview

Who fits here

Grandview is a well-established north-central Red Deer neighbourhood built primarily before the 1960s through the 1980s, giving it the mature street trees, oversized lots, and solid brick-and-stucco construction that newer subdivisions simply cannot replicate. The housing stock skews toward single-detached bungalows and two-storeys with full basements — ideal for families wanting more square footage per dollar than comparable newer areas, as well as first-time buyers ready to trade a longer commute for character and value. The community centres on Grandview Gardens Activity Centre at 4510 41 Avenue, run by the Morrisroe West Community Association, which operates a seasonal outdoor skating rink and hosts neighbourhood events year-round. Grandview School (K-8) sits within the neighbourhood, making the school run genuinely walkable. The tight grid of streets and the relatively compact size of the neighbourhood mean most daily errands — grocery runs, pharmacy visits, coffee shops — are done in under five minutes by car. Buyers who thrive here tend to value a quiet, unpretentious street culture, proximity to Red Deer''s urban core without paying inner-city premiums, and the kind of community that still puts up rink boards in November.

Current market in the neighbourhood

Grandview trades at a discount to newer Red Deer communities, which is precisely the draw for value-minded buyers. The current median sold price sits, while the average sold price is — a spread that reflects the mix of updated bungalows and original-condition homes coming to market. Homes are moving in an average of days, and the sale-to-list ratio of shows sellers are pricing realistically in today''s market. Over the past twelve months, properties have changed hands in the neighbourhood. Active listings are currently priced with a median of $390,000, and buyers can expect to pay around per square foot — one of the lower figures across Red Deer''s established residential areas.

Commute and lifestyle

Grandview sits roughly mid-city, putting Red Deer''s downtown core about a 10-minute drive south along 55 Street or Gaetz Avenue — two of the city''s main arterials. The Queen Elizabeth II Highway (Highway 2) is accessible within minutes, making Grandview a practical base for the significant share of Red Deer residents who commute north toward Edmonton or south toward Calgary for work. Red Deer Transit serves the neighbourhood with bus routes connecting to the broader city grid, though most residents rely on personal vehicles for daily travel as is typical across central Alberta. Day-to-day lifestyle needs are well covered: East Hill Shopping Centre and Timberlands Plaza are both within a short drive, and the network of Red Deer''s 140-kilometre multi-use trail system has access points throughout north-central Red Deer. The Collicutt Centre — Red Deer''s 23,000 m² recreation complex with an indoor pool, NHL-sized ice surface, fitness centre, and gymnasium — is reachable in under 15 minutes. Grandview''s outdoor skating rink at the Grandview Gardens Activity Centre keeps winter recreation genuinely local during the colder months, reinforcing the neighbourhood''s reputation as a place where community life still happens close to home.

Long-term context

Grandview''s price trajectory reflects the broader Red Deer market dynamic: the city grew from roughly 90,500 residents in 2011 to over 100,800 by 2021, adding demand pressure across established neighbourhoods as infill development struggled to keep pace. Older communities like Grandview have benefited from renewed buyer interest in character housing and walkable urban fabric — trends accelerated when remote work expanded the pool of buyers willing to trade a newer suburb for a more central address. Red Deer''s position on the Calgary-Edmonton Corridor means it absorbs economic cycles differently than single-industry towns; the diversity of its employment base across health care, retail, construction, oil and gas, and education provides a degree of insulation that supports long-term price stability. For Grandview specifically, the finite supply of mature lots and the increasing cost of new construction in outer subdivisions create a structural floor under resale values — buyers get a fully serviced, tree-lined neighbourhood without the land-premium of new development.

About Grandview

Overview

Grandview is a mature, picturesque neighbourhood in southeast Red Deer, known for its tree-lined streets, peaceful atmosphere, and community charm. Bordering the scenic Waskasoo Creek, the area offers a harmonious blend of suburban tranquility and convenient access to the downtown core, supported by a stable real estate market that has seen homes sold over the past year.

Location

Located just southeast of downtown Red Deer, Grandview is well-positioned near Waskasoo Creek and its extensive trail system. The neighbourhood sits adjacent to other established communities like Mountview, Parkvale, and Eastview, providing residents with straightforward routes to both the city center and Red Deer's southern amenities.

Housing character

The local market primarily consists of single-family detached homes built prior to the 1960s, characterized by classic cottage-style architecture and mature landscaping. With a high homeownership rate, the neighbourhood presents appealing mid-range options, typically seeing an average sold price and properties spending an average of on the market.

Schools

Education is a key draw for the community, anchored by Grandview School, which provides public programming from kindergarten through grade eight. Families also benefit from nearby educational options, including Eastview Middle School, Lindsay Thurber Comprehensive High School, and Catholic schools like Maryview School.

Transit

Grandview is a quiet area where most daily errands are easily managed by car, though the flat terrain makes it highly suitable for bicycling. Local public transit is available through select bus routes connecting to Red Deer's wider network, and residents will find that residential street parking is consistently easy to secure.

Shopping and dining

Residents enjoy easy access to daily necessities, with the Eastview Shopping Centre situated just a short distance away. For a wider array of retail options, boutique shops, and diverse local restaurants, the proximity to downtown Red Deer ensures that dining and entertainment are never far from home.

Parks and recreation

Outdoor recreation is a highlight of the neighbourhood, seamlessly integrated with the Waskasoo Creek parkland and trail network. Grandview Park acts as a central community gathering space featuring playgrounds and sports fields, while the popular Collicutt Centre is a quick drive away for premium indoor fitness and swimming.

Lifestyle

The neighbourhood fosters a slow-paced, family-oriented lifestyle rooted in robust community ties and outdoor activity. With its blend of historic charm, safe streets, and direct access to nature, Grandview appeals to couples and growing families seeking a balanced, quiet environment.

See recent sold prices in Grandview, Red Deer

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Frequently Asked Questions

Grandview''s housing stock is dominated by single-detached bungalows and two-storey homes, most built between the 1940s and 1980s. You''ll find full basements, mature lot sizes, and original character features alongside fully renovated properties. Duplexes make up a smaller share of the market. The neighbourhood has very little new construction — its appeal is established character rather than new builds.

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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 9:00 pm (America/Edmonton)