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Just Sold: Capstone Home Prices

Browse newly sold homes in Capstone. View today's MLS® sold listings and homes sold in the last 30 days.

Homes sold in the last 30 days

1

Typical sale price

$279,000

Average time to sell

19 days

Data last updated: 3 hours ago

Whether you're looking for condos sold in Capstone, townhouse prices, or single-family homes — we have the MLS® sold data for every property type including duplexes, bungalows, and luxury properties.

Our Capstone sold data shows what buyers actually paid. Compare prices by property type, find your perfect comp, and understand the true market value of homes in this area.

Capstone Sold Data Overview

Over the past 2 years, 5 homes have sold in Capstone, Red Deer, with a median sold price of $368K. Sale prices have ranged from $255K to $531K. The typical home sells in 19 days, showing a balanced market. Homes are selling at 97.1% of their list price — below asking price on average. Median property taxes in the area run approximately $3,297 annually. The most common property types sold include Lowrise Apartment (5).

Recently Sold in Capstone

1 homes sold in the last 30 days. Showing 1 of 1 • Updated July 14, 2026 at 2:25 AM

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Capstone Market Insights

See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.

Median Sold Pricen=5

$368,000

Avg: $386,280

Range: $254,500$531,000

Sold % of Askingn=5

97.1%

Room for negotiation

Avg Time to Selln=3(3-mo avg)

14 days

Hot Market
3-mo avg
Avg $/Sqftn=5

$344

5 homes sold

Click a property type to view its trends in the chart below:

All Property Types

(click to filter chart)

2-Year Market Trends: All Property Types

(4 months)
$531k$405k$279k
J25
A
J
J
Jan 2025: $311,250-10.4% changeJul 2026: $279,000

Negotiation & Cost Insights

Sold Above Asking

0%

60% sold below

Median Property Tax

$3,297/yr

Avg: $3,249

Home Size Range

8231,414

sq ft

Price Spread

±$112,104

standard deviation

5

Homes sold (last 2 years)

1

Currently for sale

1.0

Months of Inventory (MOI)

100.0%

Absorption Rate (30d)

0

New in July 2026

1 vs 1

Sold count (last 30 vs prior 30): 0.0%

Median price: $279,000 vs $531,000 (-47.5%)

How does Capstone compare to Red Deer?

Capstone typical sale price

$279,000

1 sold in last 30 days

Red Deer typical sale price

$432,000

172 sold in last 30 days

Neighbourhood Guide: Capstone, Red Deer

Neighbourhood Overview

Capstone is a master-planned, riverside urban community located in the heart of downtown Red Deer. Designed to be a highly walkable and vibrant neighborhood, it blends dense multi-family living with commercial, recreational, and cultural spaces. This emerging 'city within a city' is transforming prime riverfront land into a modern, inclusive destination focused on balanced urban living.

Location

Situated adjacent to Red Deer's historic downtown core, Capstone sits beautifully along the banks of the Red Deer River just off Taylor Drive. The neighborhood acts as a vital bridge between the sociability of the city center and the natural beauty of the riverfront, offering seamless access to the nearby Red Deer Regional Hospital and surrounding central districts.

Housing Character

Housing in Capstone predominantly features premium modern apartments, mid-rise rental complexes, and stacked townhouses. With active and upcoming developments like The Alex and Premiere at Capstone, the community offers dense, urban-style multi-family living designed for a contemporary lifestyle. The local market is characterized by an average sold price of $386,280, with properties typically spending an average of 14 days on the market.

Schools & Education

While Capstone is primarily an urban mixed-use district without schools directly within its borders, it provides excellent access to the broader Red Deer Public and Catholic school districts. Families in the community benefit from nearby educational facilities in central Red Deer, supported by dedicated transit peak overload routes that efficiently connect middle and high school students to campuses across the city.

Transit & Access

Capstone enjoys strong public transit connectivity, primarily serviced by Red Deer Transit's Route 13, which directly links the neighborhood to Sorensen Station downtown, West Park, Red Deer Polytechnic, and the Bower Transit Hub. The community is also fundamentally designed around active transportation, featuring extensive pedestrian movement corridors and cycling paths that easily navigate to the city core.

Shopping & Dining

Envisioned as a 'live, work, play' environment, Capstone integrates everyday conveniences directly into the community. The area is currently home to professional services and health clinics, with ongoing development introducing street-level retail, modern restaurants, cafes, and boutiques. Its stroll-to proximity to downtown Red Deer ensures that a wider array of dining and shopping is always within easy reach.

Parks & Recreation

Nature and recreation form the backbone of Capstone, highlighted by the scenic Riverwalk and Canada 150 Square, a central gathering plaza featuring decorative spaces and a fountain. The neighborhood utilizes a 'Green Spine' filled with park space, ponds, and picnic spots, and offers enhanced, direct trail connections to the expansive Waskasoo Park system, giving residents access to over 100 kilometers of pathways.

Lifestyle & Community

The Capstone lifestyle is active, cultured, and highly social, appealing to professionals, downsizers, and active adults. Residents can step out for a brisk run along the river, enjoy local art walks from downtown to the waterfront, or gather with friends at community plazas. It is a premium neighborhood where urban convenience harmonizes with a deep appreciation for the outdoors and community connection.

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Browse Capstone homes for sale

1 active MLS® listings · $14 median. See what's on the market today.

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Frequently Asked Questions

The median sold price in Capstone is $368,000 based on 5 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Website provided by Kelly Grant

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 July 14, 2026 at 6:00 am (America/Edmonton)

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