Thinking of moving to Red Deer? Whether you're coming in as a previous owner of Yorkville, Toronto real estate or a lifetime Red Deer resident buying a home for the first time, you'll probably need a bit of information on the home styles and prices in Red Deer. This way you'll be able to make an informed decision about how much home you can afford and what type you would prefer to look at so that it meets all of your family's needs. Here are some facts and figures on the different types of housing that you may find useful. All statistics are accurate to the last survey, which was conducted in 2006.

Detached Homes

Detached homes are the preferred dwelling type for most Canadians. It's the type you see in suburbs, in most residential neighborhoods, and on the listings of Brampton homes for sale. These homes are completely separate, usually with a basement or attic, and a yard or driveway. Just over 50% of the houses in Red Deer are of this type, which is a total of nearly 17,000 houses.

Semi-Detached or Row Homes

Under the category of semi-detached or row homes a Vancouver real estate agent would list such housing configurations as the duplex (a single home split down the middle and sold separately), town houses that are part of planned developments, and attached urban row houses. Around 21.5% of housing in Red Deer belongs to this category, which consists of about 2,700 semi detached homes, 3,200 row houses, and 1,000 duplexes.

Apartment or Condo Buildings

Apartments and condominiums are another familiar configuration for North American cities. Apartments are popular with lower income people such as students while professional urban dwellers often prefer a condo to a London, Ontario house for sale to be closer to work. Both types are units within a larger building. Over 24% of housing in Red Deer belongs to this category, with 7,300 buildings being under 5 storeys and about 600 over 5 storeys.

Moveable Dwellings

Moveable dwellings consist of recreational vehicles, mobile homes, and house boats. 2.8% of housing in Red Deer is moveable, which consists of about 900 mobile homes.

Costs

The average cost of a house, detached or not, in Red Deer is just over $244,000 while the average cost of renting an apartment is just over $1,000 per month. This is comparable to Lindsay, Ontario real estate and significantly less than major cities like Montreal and Vancouver.