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Real Estate in Highland Green Estates, Red Deer

Highland Green Estates suits buyers who want the space and quiet of an estate-lot community without the long drive to everyday amenities.

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Active listings

16

Median list price

$419,950

Avg list price

$412,269

Homes for Sale in Highland Green Estates, Red Deer

Showing 12 of 16 active MLS® listings

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1 Hallgren Avenue, Red Deer

$400,000

1 Hallgren Avenue, Red Deer

Detached Single Family · 3 bed · 3 bath · 1,249 sqft

5213 61 Street, Red Deer

$450,000

5213 61 Street, Red Deer

Single Level Apartment · 2 bed · 2 bath · 1,257 sqft

5213 61 Street, Red Deer

$450,000

5213 61 Street, Red Deer

Single Level Apartment · 2 bed · 2 bath · 1,256.84 sqft

1 Hallgren Avenue, Red Deer

$400,000

1 Hallgren Avenue, Red Deer

Bi-Level · 3 bed · 3 bath · 1,249 sqft

16 Hermary Street, Red Deer

$399,900

16 Hermary Street, Red Deer

Detached Single Family · 3 bed · 2 bath · 1,510 sqft

75 Hill Crescent, Red Deer

$518,000

75 Hill Crescent, Red Deer

Detached Single Family · 3 bed · 4 bath · 1,834 sqft

75 Hill Crescent, Red Deer

$518,000

75 Hill Crescent, Red Deer

2 Storey · 3 bed · 4 bath · 1,834 sqft

5125 62 Street, Red Deer

$369,000

5125 62 Street, Red Deer

Townhouse · 2 bed · 3 bath · 1,110 sqft

5213 61 Street, Red Deer

$439,900

5213 61 Street, Red Deer

Single Level Apartment · 2 bed · 2 bath · 1,152 sqft

5213 61 Street, Red Deer

$439,900

5213 61 Street, Red Deer

Single Level Apartment · 2 bed · 2 bath · 1,152 sqft

6118 53 Avenue, Red Deer

$339,900

6118 53 Avenue, Red Deer

Single Level Apartment · 2 bed · 2 bath · 1,045 sqft

6118 53 Avenue, Red Deer

$339,900

6118 53 Avenue, Red Deer

Multi Level Apartment · 2 bed · 2 bath · 1,045 sqft

Buying in Highland Green Estates

Who fits here

Highland Green Estates suits buyers who want the space and quiet of an estate-lot community without the long drive to everyday amenities. Lots here run larger than in the adjacent Highland Green neighbourhood, so detached homes typically offer generous yards, room for a double garage, and breathing space between neighbours — a rare combination this close to central Red Deer. Families are drawn to the walkable school corridor: G.H. Dawe Community School sits within the catchment, Lindsay Thurber Comprehensive High School is minutes away by transit, and Catholic options at St. Patrick and St. Joseph round out K-12 choices without a cross-town commute. The buyer profile skews toward move-up purchasers trading a smaller Red Deer home for something they can grow into, dual-income households that value Gaetz Avenue access for quick errands, and remote-friendly professionals who want Alberta''s central geography — halfway between Calgary and Edmonton — without paying Edmonton or Calgary prices. Investors also track this pocket: Red Deer''s 2025 citywide residential assessment rose nearly 10% year-over-year, and estate-lot sections historically hold value well through cycles.

Current market in the neighbourhood

Highland Green Estates is a low-turnover pocket — when homes do trade, they tend to move close to asking. The current median sold price sits, with an average of across all property types. Detached homes account for most activity, with prices typically ranging from. Sellers are achieving roughly of list price, reflecting balanced demand for a neighbourhood where new listings are scarce. Active inventory stands at 16 properties, and the average time from list to sold is days. Buyers who move quickly on well-priced estate-lot homes are rewarded; overpriced listings sit longer as the pool of qualified buyers for this specific sub-market is focused.

Commute and lifestyle

Highland Green Estates sits on the northwest side of Gaetz Avenue, Red Deer''s main north-south artery, putting most of the city''s retail within a 5-to-10-minute drive. Village Mall and Parkland Mall anchor the eastern stretch of the neighbourhood''s boundary, covering groceries (Sobeys), Canadian Tire, and a full range of daily services. Transit riders use Route 15 (Pines–Normandeau) to reach downtown''s Sorensen Station, with the Route 1 Gaetz Avenue Rapid Bus running every 30 minutes from 7 a.m. to midnight for a car-free downtown option. Drivers reach downtown Red Deer in under 10 minutes and the QEII Highway (Highway 2) in roughly the same time — the corridor to Calgary or Edmonton for weekend trips or regional work. Recreational life centres on the Waskasoo Park system, Red Deer''s 110-kilometre multi-use trail network that winds through river valley parks. The Highland Green Community Association operates an activity centre and summer soccer programming in the neighbourhood''s own park site, while Great Chief Park and its ball diamonds, pitch-and-putt, and picnic areas are a short drive east. Canyon Ski Resort is 7.5 km away for winter weekends.

Long-term context

Red Deer''s 2025 municipal assessment roll — valued as of July 1, 2024 — showed residential property market values rising an average of 9.95% citywide, with the total roll reaching $20.8 billion, up $1.5 billion from the prior year. The average assessed value of a single-family home in the city stood at $351,500 as of the 2024 assessment cycle. Highland Green Estates, as an estate-lot section, has historically tracked at or above the citywide single-family average due to larger lot dimensions and lower density. Red Deer''s position midway on the Calgary–Edmonton Corridor insulates it from the boom-bust extremes of either major market, and the city''s median after-tax family income of $91,000 (Statistics Canada, 2020) supports a stable ownership base. Buyers entering the neighbourhood today benefit from values still well below comparable estate-lot communities in Calgary or Edmonton, with the upside of Alberta''s provincial tailwinds — no provincial sales tax, strong energy sector employment, and GDP growth forecast at 3.3% for 2025.

About Highland Green Estates

Overview

Highland Green Estates is a well-established, versatile neighbourhood in north-central Red Deer. Known for its affordable housing options and welcoming atmosphere, it appeals to a diverse mix of renters, first-time buyers, and young professionals. With an accessible average list price of $412,269, the area provides a balanced suburban lifestyle with immediate proximity to the city's urban conveniences.

Location

Situated just north of Red Deer's downtown core, Highland Green Estates is conveniently bordered by major thoroughfares, including Gaetz Avenue to the east. This strategic placement gives residents a highly efficient commute into the city centre and quick access to regional routes for broader travel.

Housing character

The neighbourhood features a diverse mix of real estate, with small apartment buildings and affordable condos making up a dominant portion of the community. These are complemented by townhouses and single-detached homes primarily built between 1960 and 1990. The area represents a highly accessible entry point into the market, boasting a median sold price and properties seeing an average of on the market.

Schools

Families in Highland Green Estates benefit from close proximity to several local educational facilities. The community is well-served by nearby institutions such as G.H. Dawe Community School, St. Patrick's Community School, and Fairview School, offering walkable access to both public and Catholic education.

Transit

The neighbourhood's flat terrain makes it highly pedestrian and bicycle-friendly, allowing residents to complete many daily errands without a vehicle. While driving remains the primary mode of transportation, the area is serviced by multiple local bus routes that seamlessly connect commuters to the downtown core and the wider Red Deer transit network.

Shopping and dining

Residents enjoy exceptional access to everyday commercial amenities, largely concentrated along the nearby Gaetz Avenue corridor. The adjacent Village Mall and surrounding plazas provide a dense cluster of major grocery stores, pharmacies, big-box retailers, and a variety of casual dining and cafe options.

Parks and recreation

Recreation is a cornerstone of the neighbourhood, anchored by the nearby G.H. Dawe Community Centre, which offers a public pool, fitness facilities, and ice surfaces. The community also features quiet local pocket parks, playgrounds, and easy connections to Red Deer's extensive outdoor trail system.

Lifestyle

Offering a slower-paced and quiet residential ambience, Highland Green Estates strikes an ideal balance between peaceful daily living and energetic city accessibility. Highlighted by an average sold price and a strong sale-to-list ratio, it fosters a practical, community-oriented environment that caters perfectly to budget-conscious residents seeking convenience.

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Frequently Asked Questions

Highland Green Estates is the estate-lot section immediately adjacent to the Highland Green neighbourhood. Lots are larger — more room for a double garage, bigger yard, and more separation between homes — while sharing the same school catchment, transit routes, and proximity to Gaetz Avenue retail.

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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 8, 2026 at 5:00 pm (America/Edmonton)