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Residential Selling Price

The average selling price in 2005 increased by 10 per cent over 2004.

 Average Residential Selling Price in chart form

Average Residential Selling Price 2001 - 2005

Year

Average Price

2001

$146,866

2002

$156,098

2003

$156,162

2004

$169,193

2005

$185,699

Source: Red Deer & District Real Estate Board



Quick Facts

The average residential selling price in Red Deer in 2005 was $185,699.

"Alberta is well known for providing the lowest tax burden for higher incomer individuals, having the lowest tax rate in Canada for large corporations (after Quebec) as well as the second lowest tax rate for small businesses (after New Brunswick)." (TD Economics)