Why Red Deer?
Why Red Deer?
There are so many benefits to owning your own home! I am so excited for you to begin that journey! I am even more excited that you are considering buying a home in Red Deer. I have been a proud resident of Red Deer for over 12 years. It is an amazing city and a great place to buy a home; here are some reasons why.
Affordability.
Affordability.
Red Deer has a relatively lower cost of living compared to other major cities in Canada, making it an attractive option for those looking to purchase a home. Home prices in Red Deer are generally substantially lower than in larger neighbouring cities like Edmonton or Calgary.
Growing Economy.
Growing Economy.
Red Deer is a hub for several industries, including energy (Fortis Alberta Inc, Enmax, Direct Energy), agriculture (Alberta Agriculture, Farmstead Life Feed and Supply), Oil companies (Trican Step Energy Services) and healthcare (Alberta Health Services, Nurse Next Door Home Services) which has led to a growing economy and job market.
Quality of Life.
Quality of Life.
Red Deer offers a high quality of life with a range of recreational and cultural amenities. Each subdivision of the city has parks, which is an amazing feature of Red Deer. There are, walking and running trails in various parts of the city, especially along the Red Deer River. There are the Alberta Sports Hall of Fame, The Kerry Wood Nature Centre, Bower Ponds, Heritage Ranch, Discovery Canyon, and Three Mile Bend Recreation Area. The Red Deer Peavey Mart Centrium is home to one of the WHL’s best teams, the Red Deer Rebels! The Peavey Mart Centrium also hosts many events, concerts and exhibitions throughout the year.
Proximity to Major Cities and National Parks.
Proximity to Major Cities and National Parks.
Red Deer is located near major cities such as Calgary and Edmonton, making it a convenient option for those who want the benefits of a smaller city but still have access to the amenities of a larger urban center. Red Deer is only a 2.5-hour drive from Canmore and Banff National Park and 3 hours from Jasper National Park. Perfect for a quick day trip or an extended stay.
Real Estate Investment Potential.
Real Estate Investment Potential.
With a growing economy and increasing population, and affordable home prices, Red Deer may offer good real estate investment potential for those looking to buy a home or expand their investment portfolio. The Population in Red Deer as of 2022 was just over 100,000 and has seen increasing growth every year.
It’s important to note that buying a house is a big decision and should be carefully considered based on your individual needs and financial situation. Red Deer is a wonderful place to call home, however you should consult with a financial advisor and realtor to determine if buying a house in Red Deer is the right choice for you.
