Red Deer’s real estate outlook? Liberating!

With increased demand and low supply likely in 2021, house-hunters look to Gasoline Alley

“For Albertans looking for room to grow — while staying connected to shops and services — the new community in Gasoline Alley is a perfect fit,” says Scott Lamont, Project Manager with Liberty Landing.

After a wild year on the housing markets, it’s safe to say Red Deer has weathered the storm.

2020 saw stay-at-home orders, economic shut-downs and unemployment piled on Alberta’s already-struggling energy sector. The year had many real estate experts predicting a housing crash, with some expecting average house prices to fall by as much as 20 per cent.

In the end, Red Deer saw only a one per cent decrease in sales compared to 2019, and strong growth in new neighbourhoods like Gasoline Alley’s Liberty Landing indicate continued market confidence in the months to come. Buyers are hungry too — home sales increased an impressive 23 per cent in November 2020, when compared to the same month in 2019, according to Red Deer’s Lime Green Realty.

The Canadian Real Estate Association expects demand for single-family properties to continue surging, as Canadians embrace remote schooling and work-from-home lifestyles. The CREA predicts average home prices to rise 9.1 per cent across the country, with other agencies predicting a more modest — but still favourable — rise between four and seven per cent.

With statistics like that, purchasing a home in early 2021 is looking to be a sound financial investment, and one of the best ways to improve your quality of life.

“For Albertans looking for room to grow — while staying connected to shops and services — the new community in Gasoline Alley is a perfect fit,” says Scott Lamont, Project Manager with Liberty Landing.

Low inventory in Red Deer creates opportunities in Gasoline Alley

In their end-of-year market update, Lime Green Realty said housing inventory dropped by 12 per cent from October to November. While supply typically falls over the winter, the November drop was bigger than expected. Low supply plus increased demand suggests it could be hard to find your dream home at the start of 2021.

But there are plenty of building lots and quick-possession homes available at Liberty Landing in Gasoline Alley, which is currently selling Phase 2.

“Lamont Land has taken great care to preserve natural wetlands in the community, and a network of parks and trails give residents plenty of opportunities to enjoy the outdoors,” Lamont says. “There are homes to suit all lifestyles and life stages, including townhomes, duplexes and single family homes. And with all the stores, services and restaurants just a short walk away in Gasoline Alley, residents can still enjoy all their favourite urban amenities.”

The community is a short drive from The Dome Red Deer Sportsplex, movie theatres and other entertainment, and conveniently close to airports in Red Deer and Calgary. Luxury is more affordable than you think!

Building lots and quick-possession homes are available now — learn more at libertylanding.ca, call 403-252-7575 or reach out online.

Demand for single family homes has increased, as Canadians embrace remote schooling and work-from-home lifestyles. Liberty Landing has homes to suit all lifestyles and stages.
Liberty Landing

home salesReal Estate

Just Posted

Red Deer musician Curtis Phagoo (Contributed photo/Cory Michaud).
Red Deer musicians welcome $2-M in grants to help live music, but would have preferred a relief program

The money is for future projects and can’t be used for retroactive expenses

There were six additional deaths across Alberta reported over the past 24 hours, bringing the death toll to 1,926 since the beginning of the pandemic. (File photo)
Alberta’s health care system under ‘significant stress,’ says AHS president

The province’s health care system is currently under more stress than at… Continue reading

The Red Deer Rebels have acquired goaltender Connor Ungar from the Brandon Wheat Kings, the team announced Monday. (File photo by Advocate staff)
Red Deer Rebels acquire goaltender Connor Ungar, forward Liam Keeler in separate trades

The Red Deer Rebels have acquired goaltender Connor Ungar from the Brandon… Continue reading

(Advocate file photo)
Man charged following police chases last summer is sentenced

Alexander Michael Talbot sentenced to 22 months in prison

COVID-19 test kit. (Black Press Media file photo)
Red Deer businesses can order COVID testing kits from the Chamber

Kits are being provided through a partnership with the Alberta government

Mayor Rick Bonnett. (Screenshot)
WATCH: Ponoka council calls on gov’t to support rural small businesses

Ponoka council is calling on the provincial government to increase funding to… Continue reading

Conservative Leader Erin O'Toole holds a press conference in Ottawa on Thursday, May 13, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Liberals silent on nature of Fortin probe or who will replace him on vaccine campaign

OTTAWA — The Liberal government is scrambling to reassure Canadians that the… Continue reading

A woman attends a vigil in front of the hospital where Joyce Echaquan died in Joliette, Que., on Tuesday, Sept. 29, 2020. THE CANADIAN PRESS/Paul Chiasson
Hospital staff testify today at Quebec coroner’s inquiry into death of Joyce Echaquan

TROIS-RIVIÈRES, Que. — Medical staff from a Quebec hospital where Joyce Echaquan… Continue reading

Natural Resources Minister Seamus O’Regan responds to a question during Question Period in the House of Commons in Ottawa on February 17, 2020. THE CANADIAN PRESS/Adrian Wyld
Ottawa looking for 2,000 new energy auditors to get home retrofit program going

OTTAWA — The federal government is looking to train 2,000 more people… Continue reading

A person waits outside a COVID-19 testing clinic in Montreal, Sunday, May 9, 2021, as the COVID-19 pandemic continues in Canada and around the world. THE CANADIAN PRESS/Graham Hughes
Ontario opens shots to 18+, Quebec opens drive-thru, as COVID vaccine efforts expand

Quebec is opening a drive-thru vaccine clinic at its busiest airport and… Continue reading

Calgary Flames players celebrate the team's overtime win against the Vancouver Canucks during an NHL hockey game in Vancouver, B.C., Sunday, May 16, 2021. THE CANADIAN PRESS/Darryl Dyck
Lindholm OT winner gives Flames 6-5 win over Canucks despite blowing four-goal lead

VANCOUVER — In a game with little to play for besides pride,… Continue reading

In this photo taken on May 13, 2021, Russia's performer, Manizha, smiles during an interview after rehearsing at the Eurovision Song Contest at Ahoy arena in Rotterdam, Netherlands. For many, the stage and global television audience of millions is a chance to express messages of inclusion, strength and positivity. Manizha has a message of strength for women in her song whose lyrics include the lines: "Every Russian Woman. Needs to know. You're strong enough to bounce against the wall." (AP Photo/Peter Dejong)
Eurovision Song Contest returns despite coronavirus pandemic

ROTTERDAM, Netherlands (AP) — Pounding beats? Check. Uplifting lyrics? Check. Huge, backlit… Continue reading

Serena Williams of the United States returns the ball to Italy's Lisa Pigato during their match at the Emilia Romagna Open tennis tournament, in Parma, Monday, May 17, 2021. Serena Williams earned her first victory in more than three months by beating 17-year-old qualifier Lisa Pigato 6-3, 6-2 in the first round of the Emilia-Romagna Open. Williams accepted a wild-card invitation for the Parma tournament after losing her opening match at the Italian Open last week. (AP Photo/Marco Vasini)
Serena Williams posts 1st victory in more than 3 months

PARMA, Italy (AP) — Serena Williams earned her first victory in more… Continue reading

In this Oct. 21, 2014 file photo, people pass an AT&T store in New York's Times Square. AT&T will combine its media operations that include CNN HBO, TNT and TBS in a $43 billion deal with Discovery, the owner of lifestyle networks including the Food Network and HGTV. The deal announced Monday, May 17, 2021, would create a separate media company as households increasingly abandon cable and satellite TV, looking instead at Netflix, Amazon Prime Video, Facebook, TikTok and YouTube. (AP Photo/Richard Drew, File)
AT&T, Discovery join media brands as cord-cutting encroaches

NEW YORK (AP) — AT&T will combine its massive media operations that… Continue reading

Most Read