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For Sale · Red Deer · Parkvale

$297,900

4645 47 Street, Red Deer

Tour this home

Bedrooms

Bathrooms

997

Size

1947

Year built

About This Home

The details.

Great charm and character are easy to find in this 997 sqft Parkvale Bunglow! The main level is finished with original hardwood floors throughout, 2 massive bedrooms , 4 piece bathroom and an open concept kitchen and dining room. The kitchen holds loads of potential with excess room to add an island. The spacious dining room has a window looking out onto the park. The basement renovation is 80% complete with many...

Summarizing the highlights...

MLS® A2328431Listing courtesy of RE/MAX real estate central albertaView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1947
Size: 997 sqft
Lot size: 6,388 sqft
Storeys: 1
Parking: 2 spaces
Listed on: 2026-07-27
Days on market: 3
MLS number: A2328431
Data source: Central Alberta REALTORS® Association

Market intelligence

Statistics and history.

Days on market

Typical in Red Deer: 16 days

Red Deer median asking

$420K

393 active listings

Price per sqft

$299

Based on 997 sqft interior

How fast is this listing moving?

FastSlow

Market demandHot

QuietHot

56 new this week of 393 active listings in Red Deer, blended with typical days on market.

Where this price sits in Red Deer

$135KThis listing$830K

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$1,393

$238,320 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$1,393

Cash flow

-$1,393

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Red Deer right now

393

Active listings

New this week

$419,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

Malls + supermarkets: 22
Pharmacies + hospitals: 22
People in the immediate area: 609
Density per square km: 1,386
City population: 100,844
Median household income: $85,000

The neighbourhood

Parkvale.

Red Deer living with room to choose

Parkvale, Red Deer leans heavily to detached houses. There are 6 active listings on the market as this page was last built. The middle of the market sits at $290,000. It prices roughly 31% under Red Deer as a whole, so budgets stretch further here than they do city-wide. The housing is older, centring on about 1950, which usually means larger lots and mature trees.

The going rate is roughly $281 a square foot.

The closest bus stop is about 2 minutes away on foot, with groceries about 13 minutes, the nearest park about 6 minutes, a school about 8 minutes.

Median asking price: $297,900
Median price: $299/sqft
Active listings: 7
Shops nearby: 22
Parks: 198

68Doorstep Score

JULY's own measure of how much daily life sits within a short walk of this address.

Nearest station: Capstone Station · 26 min walk

Bus stop 1 min walk
Park 6 min walk
Pharmacy 6 min walk
School 10 min walk

The Neighbourhood

Living in Red Deer.

Household and demographic stats for Red Deer, from the Statistics Canada 2021 Census.

100,844
Population (2021): 38.8
Median age: 40,510
Households: 2.4
Avg household size: 64.8%
Home ownership: $85,000
Median household income

Red Deer market trends

The immediate block around this home (right here): about 609 residents in 355 homes, 1,386 people/km² (suburban).

Source: Statistics Canada 2021 Census, Red Deer, City, Alberta; block-level figures from dissemination area 48080094.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

no score data
St. John Paul II Catholic Outreach School
380 m
catholic · k12
no score data
St. Gabriel Online Summer School
380 m
catholic · secondary
no score data
St. Gabriel Online School
380 m
catholic · secondary
no score data
Quest High School
660 m
public · k12

Similar homes

Nearby homes like this one.

Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

$1,695 / month
32 Holmes Street, Red Deer
3 bed · 2 bath · 1,100 sqft

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.