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5909 54 Avenue, Red Deer, AB T4N5J6

$239,8003Beds 1Baths 1,222Sqft Riverside Meadows
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Property Overview

  • Detached Home Type
  • House Building Type
  • 7841 Sqft Lot Size
  • Riverside MeadowsCommunity
  • 3 Beds
  • Natural Gas Heating
  • 1 Full Baths
  • 0 Half Baths
  • 5 Parking Space(s)
  • 1936 Year Built
  • $1,754 Property Taxes
  • 94 days Days on Market
  • A2160111 MLS® #
  • $196 Price / Sqft
  • DC Land Use
  • One And Half Storey Style
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Sale Analysis

Auto-generated

This 3-bedroom, 1-bathroom house in Riverside Meadows is listed at $239,800.

How does the asking price of $239,800 compare with similar homes nearby?

Based on 46 comparable sales, the asking price of $239,800 is approximately 23% below the $312,000 benchmark. The asking price is also within the recent comparable sale range of $145,000 to $1,495,000, based on 46 sales.

How does time on market compare with similar homes?

This listing has been on the market for 94 days, longer than the 47 days comparable average.

What does this mean for the local market?

Comparable sales in Riverside Meadows averaged 97.3% of list price, or 2.7% below list.

What kind of home is this?

This house in Riverside Meadows was built in 1936.

What are the key layout details of this home?

The home offers 3 bedrooms, 1 bathroom, approximately 1,222 sqft, and 5 parking spaces.

What amenities are nearby?

Parks, playgrounds, schools and shopping are nearby.

This analysis is automatically generated using available sales and market data. It may contain errors and should not be relied on as financial or legal advice.

Description

NEW PRICE! Discover this well maintained double-lot home located in the well-known area of Riverside Meadows area, located next to Red Deer Downtown. You will love the expansive DC-Zoned Lot and the convenience of being minutes from major grocery stores, Red Deer College, and restaurants. The house was extensively renovated in 2018, including new shingles, vinyl siding, laminate flooring, upgraded windows and new appliances. On the main floor, there is one bedroom, a living room, a kitchen, and a combined 4-piece bathroom and laundry. Upstairs, there are two additional bedrooms. In the basement, you'll find a partially finished basement with an extra bedroom and a bathroom. Out back, there is lots of space for parking accessible via the back alley and plenty of space to host backyard BBQ parties. Whether you're in the market for a new personal home, or for a next investment property, this property offers great potential at an exceptional value.

Interior Details

FlooringLaminate Flooring
HeatingSee Home Description
Number of fireplaces0
Basement detailsPartly Finished
Basement featuresPart
Appliances includedElectric Stove, Refrigerator

Exterior Details

ExteriorVinyl Siding
Construction typeSee Home Description
Roof typeAsphalt Shingles
Foundation typeSee Home Description

More Information

Property

Community featuresPark, Playground, Schools Nearby, Shopping Nearby
Front exposureWest
HOA fee includesSee Home Description

Parking

Parking space includedYes
Total parking5
Parking featuresParking Pad

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.
Data was last updated Wednesday, June 17, 2026, 8:03:36 AM UTC.