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Reduced $30,500 (6%) from $529,500
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31 Macfarlane Avenue
Beds
3
Baths
3 full + 1 half
Sqft
1,120
Year
1973
Type
Single Family
On market
11d
CUSTOM RENOVATION | PRIME MORRISROE LOCATION | PRIVATE LANDSCAPED YARD **Major Price Improvement** This beautifully updated Morrisroe bungalow now offers exceptional value, combining modern renovation work, mature landscaping, and one of Red Deer's most walkable family neighbourhoods. Surrounded by schools, parks, walking trails, shopping, and recreation, you're just minutes from the Collicutt Centre, Eastview IGA, and multiple schools kids can easily walk to. ~ The main floor underwent an extensive renovation in 2023 including new drywall, new windows throughout most of the upper level, vinyl plank flooring, high-end remote blinds, updated lighting, and a stunning custom kitchen featuring a large island, quartz countertops, brass fixtures, and excellent workspace for everyday living or entertaining. ~ The spacious living room is anchored by a 2023 Osburn wood-burning fireplace with fan, adding both warmth and character to the space. ~ One of the standout features of the home is the oversized front mudroom, thoughtfully designed with extensive built-in storage and a custom pull-out pantry — an incredibly functional upgrade rarely found in homes of this era. ~ The main floor includes 2 bedrooms, a full bathroom, and a convenient 2-piece ensuite off the primary bedroom. ~ Downstairs features BRAND NEW CARPET and fresh paint, along with a large family / recreation area, spacious third bedroom, 3-piece bathroom, laundry space, and enough additional space to accommodate a future fourth bedroom, home office, or hobby room. ~ Additional updates include shingles in 2017 and a new hot water tank in 2025. ~ Outside, the sellers have invested heavily into creating a private outdoor retreat with mature trees, stone patio work, raised garden beds, fire pit area, deck space, and beautifully maintained green space. The rear horizontal fence includes a 16 ft gate off the tee alley, allowing future RV parking potential if desired. There is also rough-in on the south side for 220V ho t tub wiring or RV plug-in capability. At the front of the property, a decorative pond feature remains in place with liner intact for anyone wanting to restore the water feature. ~ A truly unique property offering modern updates, standout functionality, and a yard and location that are difficult to replicate. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 21.33 Ft x 8.83 Ft | |
| Family room | 15.00 Ft x 11.00 Ft | |
| Recreational, Games room | 13.25 Ft x 22.58 Ft | |
| 3pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10.00 Ft x 12.00 Ft | |
| Living room | 15.00 Ft x 14.00 Ft | |
| Dining room | 9.00 Ft x 8.00 Ft | |
| Other | 10.00 Ft x 6.00 Ft | |
| Primary Bedroom | 11.00 Ft x 13.17 Ft | |
| 2pc Bathroom | — | |
| Bedroom | 11.25 Ft x 10.25 Ft | |
| 4pc Bathroom | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.