Red Deer Neighbourhood Guide
Westlake, Red Deer
A west Red Deer neighbourhood developed primarily in the 2000s, with varied detached housing and access to west-side parks and recreation.
The neighbourhood
Living in Westlake
Westlake offers a 2000s-era housing mix on Red Deer’s west side. Two-storey homes, bi-levels and bungalows can serve quite different buyer needs within the same neighbourhood.
The neighbourhood name is a useful starting point. For an individual home, the closest comparable sales still depend on housing style, lot, renovations and overall condition.
2026 Market Snapshot
Westlake Detached Home Sales
Results for Westlake: detached residential sales closed January 1 through August 31, 2026.
Average sale price: approximately $568,727. Median sold price per sq. ft.: approximately $407. DOM means cumulative days on market. These measures describe the sold sample and should not be applied as a price formula to every home.
Housing
What You’ll Find in Westlake
Westlake was developed primarily in the 2000s. The detached homes sold through August 2026 had a median build year of 2005, with individual properties varying in age, layout and finish.
Common styles in the 2026 sold sample: 2 Storey, Bi-Level, Bungalow and Modified Bi-Level.
Among these sales, the median year built was 2005; median above-grade living area was approximately 1,314 sq. ft.
What affects the comparison?
In Westlake, a two-storey home and a bungalow with similar total usable space may compete differently. Above-grade size, basement development, garage, lot position, updates and condition all matter when selecting comparable sales.
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
Westlake in Everyday Use
The City’s Westlake map identifies Wishart Street Park, Westlake Wetland and Westlake Storm Pond, and shows Heritage Ranch Recreation Area and South Bank Park in the surrounding west-side area.
The map also identifies 32 Street, Cronquist Drive and Highway 2 as useful location references. When comparing homes, consider the route from the specific street to the recreation areas and services you use regularly.
Official local reference: City of Red Deer Westlake neighbourhood map.
Schools
Confirm the School for Your Address
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.
Red Deer Public Schools
Use the division’s school information and confirm attendance boundaries for your specific address.
Red Deer Catholic Regional Schools
Check the current catchment information for the address and program you are considering.
Market History
Westlake Detached Market, 2022–2026
| Year | Detached sales | Median sale price | Median cumulative DOM | Median sale-to-list |
|---|---|---|---|---|
| 2022 | 32 | $411,200 | 42 | 97.6% |
| 2023 | 28 | $460,750 | 28.5 | 98.6% |
| 2024 | 35 | $465,000 | 25 | 98.9% |
| 2025 | 29 | $529,900 | 23 | 98.7% |
| 2026 YTD | 15 | $590,000 | 21 | 98.5% |
2022–2025 are full calendar years. 2026 YTD is January 1–August 31 only. Detached residential properties only. Swipe the table on small screens.
The same January–August period
January–August 2025: 24 sales, $531,700 median sale price and 18.5 median cumulative DOM. January–August 2026: 15 sales, $590,000 median sale price and 21 median cumulative DOM.
With 15 sales in the 2026 period, the neighbourhood sample is relatively small. Changes in the mix of two-storey homes, bungalows and bi-levels, as well as size and condition, can shift the median. The increase in the median does not mean every Westlake home gained the same amount.
Current Inventory
Homes for Sale in Westlake
At the September 10, 2026 snapshot, Westlake had 8 active detached listings and 0 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 Westlake Homeowners
What did that house down the street actually sell for?
In Westlake, a two-storey home and a bungalow with similar total usable space may compete differently. Above-grade size, basement development, garage, lot position, updates and condition all matter when selecting comparable sales.
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
Westlake Real Estate Questions
What areas does this Westlake guide cover?
The figures use the Westlake MLS® subdivision only.
What is the median detached home price in Westlake?
Detached sales closed January 1 through August 31, 2026 had a median sale price of $590,000 across 15 sales. This is a summary of the homes sold, not an estimate of every home’s value.
What types of homes are common in Westlake?
2 Storey, Bi-Level, Bungalow and Modified Bi-Level. Westlake was developed primarily in the 2000s. The detached homes sold through August 2026 had a median build year of 2005, with individual properties varying in age, layout and finish.
Which schools serve Westlake?
Attendance boundaries vary by address, grade and program. Confirm the designated school directly with Red Deer Public Schools or Red Deer Catholic Regional Schools.
How can I find out what my Westlake home is worth?
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.
Wondering what your Westlake home is worth?
No generic automated estimate — just a practical look at the homes buyers are comparing with yours.
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