Honestdoor Price
This property is not for saleNot for sale
Honestdoor Price · 13 months
4
beds
3
baths
6,647
sqft
1994
built
1 4928 53 Avenue, Railyards, Red Deer, AB, T4N5J9
| Year | Value |
|---|---|
| 2021 | $4,923 ($410.25/month) |
| 2020 | $5,368 ($447.33/month) |
| 2019 | $5,306 ($442.17/month) |
Sell with Honestdoor
For only $500 Honestdoor can now list your home on Realtor.ca and the MLS®
Buy with Honestdoor
Receive up to 50% cashback on commission, on average our clients have received $9,200
Property details
- Property type
- Condo
- Bedrooms
- 4Estimate
- Bathrooms
- 3Estimate
- Year built
- 1994
- Floor space
- 618 sqm (6,647 sqft)Estimate
Honestdoor Price
$1,009,700
(Oct)
Estimated returns over time
1 Month
+9.63%3 Month
+5.61%6 Month
-1.67%12 Month
+13.91%Compare with
| Year | Honestdoor Price |
|---|---|
| Oct 25 | $886,400 |
| Nov 25 | $939,800 |
| Dec 25 | $911,400 |
| Jan 26 | $1,002,500 |
| Feb 26 | $928,300 |
| Mar 26 | $1,021,100 |
| Apr 26 | $1,026,900 |
| May 26 | $935,600 |
| Jun 26 | $943,400 |
| Jul 26 | $956,100 |
| Aug 26 | $926,200 |
| Sep 26 | $921,000 |
| Oct 26 | $1,009,700 |
City Assessment
$897,700
(2025)
Estimated returns over time
1 Year
+58.16%3 Year
+86.40%5 Year
+64.02%Compare with
City assessment
Railyards average
| Year | City assessment | Railyards average |
|---|---|---|
| 2019 | $547,300 | — |
| 2020 | $547,300 | — |
| 2021 | $501,900 | $612,102 |
| 2022 | $481,600 | $568,030 |
| 2023 | $501,900 | $409,832 |
| 2024 | $567,600 | $432,313 |
| 2025 | $897,700 | $469,698 |
How this home compares
Against Railyards and Red Deer.
Est. gross rental yield
5.1%
Annual rent ÷ Honestdoor Price
Value vs average
above the Railyards average
This home (Honestdoor Price)
$1,009,700
Railyards average
$469,698
Red Deer average
$249,925
Neighbourhood and city figures are 2025 average assessed values.
Price per square foot
below the Railyards average
This home (estimated)
$152 / sqft
Railyards sold average
$207 / sqft
This home: Honestdoor Price ÷ floor area. Neighbourhood: average sold price per sq ft.
Monthly rent
above the Railyards average
This home (estimated)
$4,270/mo
Railyards average
$4,020/mo
Update the Honestdoor Price
Tell us why! Just renovated the kitchen? Developed your basement?
Need a mortgage?
We've partnered with Homewise for mortgages, renewals, and lines of credit.
Estimated rental information
Airbnb nightly rate
$210/day
Monthly rental rate
$4,270/month
Never Miss a Listing in Railyards
Get notified every time a new listing hits the market.
Railyards market
Explore Railyards dataRailyards sales in 2025
2
Avg. condo price
$469,698
Railyards growth this year
+6.01%
Average value vs Red Deer
Average assessed value for this property type
Railyards
Red Deer average
| Year | Railyards | Red Deer average |
|---|---|---|
| 2021 | $612,102 | $733,696 |
| 2022 | $568,030 | $839,102 |
| 2023 | $409,832 | $210,406 |
| 2024 | $432,313 | $231,313 |
| 2025 | $469,698 | $249,925 |
Sales per year
Recorded sales in Railyards · 2026 is year to date
| Railyards | |
|---|---|
| 2014 | 1 sales |
| 2015 | 1 sales |
| 2017 | 1 sales |
| 2018 | 1 sales |
| 2020 | 2 sales |
| 2021 | 3 sales |
| 2022 | 3 sales |
| 2025 | 2 sales |
Property analysis
1 4928 53 AVENUE compared with the average condo nearby.
Floor space
above neighbourhood average
This property
6,647 sqft
Railyards
2,780 sqft
Red Deer
2,897 sqft
Lot size
below neighbourhood average
This property
Railyards
Red Deer
1 4928 53 Avenue is a condo in Red Deer, Alberta. It is estimated to be 6647 sq ft and built in 1994 with 3 baths and 4 bedrooms. The most recent Honestdoor Price for this condo is $1,009,700 and was last estimated on Oct 13, 2026. Assessment growth for this condo is +10.67% annually, with a total growth of +$350,400 since 2019. It is estimated that it would make $210 per day on Airbnb and rent out for $4270 per month.
* This information is sourced from publicly available land registry records and is not provided by the RAE's MLS® System Data
¶ Seller savings: estimated commission on the Honestdoor Price, less $500 when you sell with an HonestDoor agent. Buyer's agent commission not included. Actual savings depend on your sale price and listing agreement. Not a guarantee. Terms apply.
§ Cash back: estimate of 25–50% of the commission on the list price, paid when you buy with an HonestDoor agent. Actual amount depends on your agreement and final sale price. Not a guarantee. Terms apply.