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Real Estate in Michener Hill, Red Deer

Michener Hill draws buyers who want an established central Red Deer address without paying the premium of newer suburban communities further from the city core.

Active listings

8

Median list price

$372,450

Avg list price

$398,450

Homes for Sale in Michener Hill, Red Deer

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Buying in Michener Hill

Who fits here

Michener Hill draws buyers who want an established central Red Deer address without paying the premium of newer suburban communities further from the city core. The neighbourhood sits on an elevated escarpment just north of the Red Deer Regional Hospital at 3942 50A Avenue, which makes it the obvious choice for healthcare workers, hospital administrators, and anyone who values a short commute to one of central Alberta's largest medical facilities. The housing stock is a genuine mix — mature single-detached homes on tree-lined streets sit alongside townhouses and low-rise multi-family buildings, giving first-time buyers, young families, and rightsizing couples all a realistic entry point. Families with school-age children are served by Mountview Elementary (west of 40th Avenue) or Joseph Welsh Elementary (east of 40th), with Eastview Middle and Hunting Hills High School covering higher grades — both reachable in minutes. Proximity to the Michener Aquatic Centre on 51A Street and direct access to Waskasoo Park's 80-plus kilometres of multi-use trails round out the lifestyle appeal for active households. Michener Hill suits the buyer who values walkability, mature greenery, and a genuinely central Red Deer location over a brand-new streetscape.

Current market in the neighbourhood

Michener Hill is one of central Red Deer's most consistently active resale neighbourhoods, supported by steady demand from hospital staff and families anchored to the city core. The median sold price sits and the average, reflecting a mix of entry-level condos, townhouses, and detached family homes. Listings have averaged days on market and the sale-to-list ratio of indicates how firmly sellers are holding to ask price. Over the past 12 months, sales closed in the neighbourhood, with 8 homes currently available. Average price per square foot runs, and the price spectrum runs from at the entry end up to for larger detached properties on established lots.

Commute and lifestyle

Michener Hill's central location is its single strongest everyday advantage. The Red Deer Regional Hospital is essentially at the foot of the hill, making this the most practical Red Deer address for healthcare workers who want to walk or cycle to shifts. Red Deer's downtown core is roughly 2 km south, accessible by 43rd Street or 50th Avenue in under 10 minutes by car. Red Deer Transit routes serving the city's central corridors connect residents to downtown Gaetz Avenue, Red Deer's main commercial spine. Day-to-day errands are covered by the Gaetz Avenue commercial corridor Red Deer's expanding inner-city retail nodes. For recreation, the Michener Aquatic Centre on 51A Street offers a six-lane 25-metre pool, a therapy and play pool, a dive tank, gymnasium, and sauna — all within cycling distance. The neighbourhood's eastern edge connects directly to Waskasoo Park, Red Deer's park-in-a-city corridor that threads more than 80 kilometres of paved and natural trails along the Red Deer River. The future Michener Lands redevelopment — a large parcel the City of Red Deer is acquiring from the province — will add further green space and trail connections directly adjacent to the neighbourhood, making the lifestyle case here stronger over the coming decade.

Long-term context

Michener Hill's value case rests on geography that cannot be replicated. The neighbourhood occupies an elevated central site adjacent to a major regional hospital and directly connected to Waskasoo Park, two anchors that insulate it from the demand cycles that affect more peripheral Red Deer communities. Red Deer's residential assessments increased by an average of 7% in the most recent assessment cycle, and central inner-ring neighbourhoods with walkable amenities and established mature trees have historically held value more steadily than outlying suburbs. The City of Red Deer's acquisition of the adjacent Michener Lands — demolition of the former Michener Centre buildings is now complete and the land transfer is expected to finalize in 2026 — represents a meaningful catalyst for the immediate area, with public engagement on park and trail development to follow. Buyers purchasing in Michener Hill today are ahead of that public investment curve. The finite supply of detached homes in central Red Deer, combined with growing institutional employment at the hospital Red Deer Polytechnic several kilometres north, provides a durable demand floor that supports long-term hold values.

About Michener Hill

Overview

Michener Hill is a peaceful, centrally located residential neighbourhood in Red Deer, known for its mature tree-lined streets and strong sense of community. Offering a blend of historic charm and modern amenities, it attracts a diverse mix of families, retirees, and young professionals. With an affordable market profile, the area currently features an average list price of $398,450 and an average sold price.

Location

Situated just east of Red Deer's downtown core, Michener Hill rests atop the escarpment overlooking the city and the river valley. The neighbourhood is generally bounded by 55th Street to the north, Ross Street to the south, and the historic Michener Centre lands along Michener Avenue to the east, making it highly accessible to major city routes.

Housing character

The housing stock in Michener Hill is predominantly composed of single-family detached homes, alongside a complementary mix of small apartment buildings, townhouses, and duplexes. Properties range from mid-century builds with historic character to more recent developments built during a post-2000 construction boom. The area features a high rate of homeownership, spacious lots, and a quiet, slow-paced streetscape.

Schools

Michener Hill families are well-served by the Red Deer Public and Red Deer Catholic school districts. Younger students typically fall within the catchment for nearby elementary schools like Grandview School and Joseph Welsh Elementary. The neighbourhood is also located just steps away from Lindsay Thurber Comprehensive High School, one of the city's prominent educational hubs.

Transit

Michener Hill is very car-friendly, with convenient parking and easy access to arterial roads like Ross Street. For active commuters, the area is moderately walkable and features a good network of bike lanes. Public transit is available via local bus routes that connect residents to the downtown core and other areas, with stops conveniently located throughout the community.

Shopping and dining

Residents enjoy convenient access to daily essentials, with supermarkets, cafes, and local services situated just a short trip away. A local seasonal favourite is the Little Ice Cream and Soda Shop. Furthermore, its immediate proximity to downtown Red Deer means that a wider variety of dining, boutique shopping, and entertainment options are easily accessible just down the hill.

Parks and recreation

The neighbourhood is a haven for outdoor enthusiasts, offering direct connections to the expansive Waskasoo Park trail system with paved paths leading down to the Kerry Wood Nature Centre and Gaetz Lakes Sanctuary. Local recreational highlights include the popular Michener Hill tobogganing area, the Michener Aquatic Centre, and the historic Michener Hill Curling Club.

Lifestyle

Life in Michener Hill is characterized by a relaxed, outdoorsy, and community-focused atmosphere. The quiet streets and abundant natural green spaces make it an ideal retreat from the busier commercial parts of the city, while the central location ensures that urban conveniences remain close at hand. Residents enjoy a high quality of life with year-round recreation right at their doorstep.

See recent sold prices in Michener Hill, Red Deer

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Frequently Asked Questions

Michener Hill offers a genuine mix of housing types: mature single-detached homes on established lots, semi-detached and townhouse properties, and low-rise multi-family units. This range gives first-time buyers, young families, and downsizers all realistic options within the same centrally located neighbourhood.

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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)