Red Deer Neighbourhood Guide
Established east and southeast Red Deer housing across Morrisroe and Morrisroe Extension, with mature properties, local parks and distinct development eras.
The neighbourhood
Morrisroe combines an older residential neighbourhood with the later development of Morrisroe Extension. Mature housing stock makes property-specific comparisons especially useful.
Morrisroe’s 2026 sold sample had a median build year of 1968; Morrisroe Extension’s was 1981. Their median sale prices were close, but their median market times differed: 15 days in Morrisroe and 29.5 in Morrisroe Extension. Similar medians do not make the two subdivisions identical.
2026 Market Snapshot
Combined results for Morrisroe and Morrisroe Extension: detached residential sales closed January 1 through August 31, 2026.
Average sale price: approximately $451,124. Median sold price per sq. ft.: approximately $359. DOM means cumulative days on market. These measures describe the sold sample and should not be applied as a price formula to every home.
2026 By Subdivision
Morrisroe’s 2026 sold sample had a median build year of 1968; Morrisroe Extension’s was 1981. Their median sale prices were close, but their median market times differed: 15 days in Morrisroe and 29.5 in Morrisroe Extension. Similar medians do not make the two subdivisions identical.
| Subdivision | Sales | Median sale price | Median cumulative DOM | Median build year |
|---|---|---|---|---|
| Morrisroe | 11 | $435,000 | 15 | 1968 |
| Morrisroe Extension | 14 | $429,950 | 29.5 | 1981 |
Detached sales closed January 1–August 31, 2026. On a phone, swipe the table to see all columns.
Housing
Original Morrisroe reflects an earlier housing era, while Morrisroe Extension includes later development. The 1981 combined median build year describes the homes sold in 2026 through August, not every property in the area.
Common styles in the 2026 sold sample: Bungalow, Bi-Level, 2 Storey and 4 Level Split.
Among these sales, the median year built was 1981; median above-grade living area was approximately 1,197 sq. ft.
Renovations, lot, garage and overall condition are central to a Morrisroe valuation. Compare the appropriate subdivision and style first, then account for the quality of updates and the home’s location.
Basement development, garage size, lot position and the quality of updates can make two homes with similar above-grade space compete differently.
Parks, Recreation & Location
The City’s Morrisroe map identifies Morrisroe District Park and Morrisroe Neighbourhood Park. Its Morrisroe Extension map identifies McLean Neighbourhood Park and shows the Collicutt Community Centre Park in the surrounding area.
These established east-side locations relate to the 32 Street and 39 Street road network. The most convenient park, recreation destination and everyday route depend on the home’s position within Morrisroe or Morrisroe Extension.
Official local references: Morrisroe neighbourhood map and Morrisroe Extension neighbourhood map.
Schools
Attendance boundaries vary by address, grade and program. Confirm the designated school with the applicable division before making a housing decision based on school placement.
Use the division’s school information and confirm attendance boundaries for your specific address.
Check the current catchment information for the address and program you are considering.
Market History
| Year | Detached sales | Median sale price | Median cumulative DOM | Median sale-to-list |
|---|---|---|---|---|
| 2022 | 59 | $334,000 | 21 | 98.4% |
| 2023 | 33 | $355,000 | 24 | 98.4% |
| 2024 | 31 | $375,000 | 24 | 99.6% |
| 2025 | 28 | $426,500 | 27.5 | 98.9% |
| 2026 YTD | 25 | $430,000 | 18 | 98.8% |
2022–2025 are full calendar years. 2026 YTD is January 1–August 31 only. Detached residential properties only. Swipe the table on small screens.
January–August 2025: 19 sales, $445,000 median sale price and 17 median cumulative DOM. January–August 2026: 25 sales, $430,000 median sale price and 18 median cumulative DOM.
The median was $430,000 compared with $445,000 in the same 2025 period. This does not establish a definitive neighbourhood price decline. With 25 sales, differences in the mix between subdivisions, housing styles, renovations, lots and condition can shift the combined result.
Current Inventory
At the September 10, 2026 snapshot, Morrisroe and Morrisroe Extension had 6 active detached listings and 4 pending detached sales.
This dated snapshot is not live availability. Use the property search for current listings or contact Patrick to check a particular property.
For Morrisroe Homeowners
Renovations, lot, garage and overall condition are central to a Morrisroe valuation. Compare the appropriate subdivision and style first, then account for the quality of updates and the home’s location.
I can compare your home with recent sales buyers would actually use, explain the differences and put the neighbourhood figures into context.
Frequently Asked Questions
This guide combines Morrisroe and Morrisroe Extension. They are separate MLS® subdivisions, so the comparison table keeps their results separate. Morrisroe’s 2026 sold sample had a median build year of 1968; Morrisroe Extension’s was 1981. Their median sale prices were close, but their median market times differed: 15 days in Morrisroe and 29.5 in Morrisroe Extension. Similar medians do not make the two subdivisions identical.
Detached sales closed January 1 through August 31, 2026 had a median sale price of $430,000 across 25 sales. This is a summary of the homes sold, not an estimate of every home’s value.
Bungalow, Bi-Level, 2 Storey and 4 Level Split. Original Morrisroe reflects an earlier housing era, while Morrisroe Extension includes later development. The 1981 combined median build year describes the homes sold in 2026 through August, not every property in the area.
Attendance boundaries vary by address, grade and program. Confirm the designated school directly with Red Deer Public Schools or Red Deer Catholic Regional Schools.
Start with recent comparable sales, then account for condition, renovations, above-grade size, basement development, lot, garage and location. Patrick can explain which homes buyers would compare with yours.
No generic automated estimate — just a practical look at the homes buyers are comparing with yours.