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Real Estate in Laredo, Red Deer

Laredo is a newer family-oriented community in Red Deer''s southwest, developed alongside the Lancaster and Vanier corridor by Melcor Developments.

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Active listings

21

Median list price

$499,900

Avg list price

$593,871

Homes for Sale in Laredo, Red Deer

Showing 12 of 21 active MLS® listings

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138 Lalor Drive, Red Deer

$659,900

138 Lalor Drive, Red Deer

Detached Single Family · 3 bed · 3 bath · 2,455 sqft

25 Lazaro Close, Red Deer

$710,000

25 Lazaro Close, Red Deer

Detached Single Family · 3 bed · 4 bath · 2,289 sqft

25 Lazaro Close, Red Deer

$710,000

25 Lazaro Close, Red Deer

2 Storey · 3 bed · 4 bath · 2,289.34 sqft

65 Lavelle Close, Red Deer

$485,900

65 Lavelle Close, Red Deer

Townhouse · 3 bed · 3 bath · 1,428 sqft

63 Lavelle Close, Red Deer

$499,900

63 Lavelle Close, Red Deer

Townhouse · 3 bed · 3 bath · 1,428 sqft

65 Lavelle Close, Red Deer

$485,900

65 Lavelle Close, Red Deer

2 Storey · 3 bed · 3 bath · 1,428 sqft

13 LANDSDOWN Close, Red Deer

$399,900

13 LANDSDOWN Close, Red Deer

2 Storey · 3 bed · 3 bath · 1,670 sqft

9 LANDSDOWN Close, Red Deer

$424,900

9 LANDSDOWN Close, Red Deer

2 Storey · 3 bed · 3 bath · 1,670 sqft

42 Lavelle Close, Red Deer

$439,900

42 Lavelle Close, Red Deer

Townhouse · 3 bed · 3 bath · 1,409 sqft

50 Lavelle Close, Red Deer

$429,900

50 Lavelle Close, Red Deer

Townhouse · 3 bed · 3 bath · 1,409 sqft

44 Lavelle Close, Red Deer

$419,900

44 Lavelle Close, Red Deer

Townhouse · 3 bed · 3 bath · 1,408 sqft

42 Lavelle Close, Red Deer

$439,900

42 Lavelle Close, Red Deer

2 Storey · 3 bed · 3 bath · 1,409 sqft

Buying in Laredo

Who fits here

Laredo is a newer family-oriented community in Red Deer''s southwest, developed alongside the Lancaster and Vanier corridor by Melcor Developments. The housing mix spans single-detached homes, semi-detached, small-lot infill, and townhouses — a range that serves first-time buyers, upsizing families, and downsizers in the same pocket. School logistics are simple: Mattie McCullough Elementary is the designated K–6 feeder, Westpark Middle School handles grades 7–9, and Hunting Hills High School carries students through graduation — all within Red Deer Public Schools. The neighbourhood sits on the southwest edge of the city, which gives residents quick access to Highway 2 and the Queen Elizabeth II corridor without fighting through the urban core. That position makes Laredo especially practical for households with one partner commuting to Calgary or Edmonton, both roughly 90 minutes by car. Buyers who want a contemporary streetscape, a well-treed storm pond linear park running through the neighbourhood, and proximity to Waskasoo Park''s 80-plus kilometres of multi-use trails will find Laredo punches above its price point for family liveability.

Current market in the neighbourhood

Laredo is an active new-build and resale market in Red Deer''s southwest. The median sold price in the neighbourhood currently sits, with an average of — reflecting the mix of entry townhouses and larger detached homes. Homes have averaged days on market, and the sale-to-list ratio of shows how firmly sellers are holding asking prices. Over the past 12 months, sales have closed in this area, while 21 homes are currently listed. Detached homes skew toward the upper end of the range, from, and average price per square foot runs. Red Deer''s broader residential assessed values rose approximately 7% in 2024, and the city''s median after-tax family income of $91,000 underpins consistent buyer demand in southwest neighbourhoods.

Commute and lifestyle

Laredo''s southwest address puts Highway 2 access within a short drive, meaning Calgary is roughly 90 minutes south and Edmonton about 90 minutes north — a realistic setup for households that commute to either city a few days a week. Within Red Deer, Route 11 (Anders–Vanier Woods) connects the southwest corridor to Bower Transit Hub and downtown''s Sorensen Station. Day-to-day errands are covered by retail nodes along 67th Street and Gaetz Avenue, and Bower Mall sits about 10 minutes away. For recreation, Laredo feeds directly into Waskasoo Park — Red Deer''s 80-kilometre multi-use trail network for cycling, walking, cross-country skiing, and rollerblading — and the neighbourhood''s own linear park and storm pond provide green space for everyday use. The Collicutt Centre at 3031 30 Avenue adds a major indoor recreation option: 250,000 square feet of pools, water slides, a climbing wall, and a field house. Bower Ponds, with its skating rink and amphitheatre, is also within a short drive.

Long-term context

Laredo entered its active build-out phase through the early 2020s as part of the Lancaster/Vanier East Neighbourhood Area Structure Plan, meaning buyers today are purchasing into a neighbourhood that is still adding rooftops and filling in amenities. That growth dynamic historically supports near-term value as infrastructure catches up to population. Red Deer''s residential assessed values increased an average of 7% in the 2024 assessment cycle, reflecting broader Alberta momentum tied to oil and gas activity, in-migration from higher-cost provinces, and a provincial GDP forecast of 3.3% growth for 2025. Southwest Red Deer neighbourhoods in particular have attracted steady demand from Calgary and Edmonton buyers priced out of those markets. New-build permit activity across Red Deer remained elevated through 2024, pointing to continued developer confidence. Laredo''s mix of housing forms — from townhouses to larger detached — means entry points exist at multiple price levels, giving buyers flexibility as the neighbourhood matures.

About Laredo

Overview

Laredo is a thoughtfully designed, newer master-planned community encompassing 145 acres in Red Deer. Known for its rural-inspired charm and relaxed prairie setting, it offers a peaceful, family-oriented atmosphere away from the city's busy core.

Location

Situated on the scenic southeast side of Red Deer, Laredo borders established neighbourhoods like Lancaster and Vanier Woods. The community enjoys a quiet edge-of-city feel while remaining within a short drive of essential municipal amenities.

Housing character

The real estate landscape is defined by premium, cohesive architectural standards featuring prairie-inspired designs. The majority of the housing stock consists of single-family detached homes built after 2015, predominantly offering three or more bedrooms. The neighbourhood reflects a premium market positioning, with properties seeing an average list price of $593,871 and a median sold price.

Schools

Families in Laredo benefit from convenient access to nearby educational facilities in adjacent communities. The neighbourhood is situated within a short distance to École Secondaire Notre Dame High School, along with several other primary and secondary schools just a quick stroll or drive away.

Transit

While Laredo is primarily a car-dependent neighbourhood, it is serviced by local bus routes connecting residents to the broader Red Deer transit network. The area's relatively flat terrain and extensive multi-use trail system also make cycling a viable option for local commuting.

Shopping and dining

Though Laredo is a quiet residential enclave, it is located just minutes from the East Hill Shopping Centre. Residents have quick and easy access to a variety of grocery stores, health services, banks, cafes, and restaurants situated in neighboring commercial districts.

Parks and recreation

Outdoor living is a focal point, featuring an extensive naturalized linear park system, open green spaces, and nature trails that seamlessly connect to the AltaLink and Waskasoo Trail networks. The community is also just a short drive from the Collicutt Centre, which offers a pool, climbing wall, and diverse fitness facilities.

Lifestyle

Laredo provides a tranquil, family-oriented lifestyle that beautifully balances rural charm with modern comforts. The calm ambiance and low street noise appeal to buyers looking for a relaxing retreat, where homes currently spend on the market and boast a strong sale-to-list ratio.

See recent sold prices in Laredo, Red Deer

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Frequently Asked Questions

Laredo offers a range of home types developed through the Lancaster/Vanier East plan: single-detached, semi-detached, small-lot homes, and townhouses. This mix gives buyers flexibility from first-time-buyer townhouses at the lower end to larger detached family homes at the top of the range.

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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)