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      Honestdoor Price

      This property is not for saleNot for sale

      $255,000

      October

      Estimated Market Value

      Mortgage Options

      Honestdoor Price · 13 months

      -0.35%1 mo
      -22.59%12 mo

      2

      beds

      3

      baths

      864

      sqft

      1944

      built

      4605 46 Street, Parkvale, Red Deer, AB, T4N1M7

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      Property details

      Property type
      Residential
      Bedrooms
      2Estimate
      Bathrooms
      3Estimate
      Year built
      1944
      Floor space
      80 sqm (864 sqft)Estimate
      Lot size
      594 sqm (6,389 sqft)

      Honestdoor Price

      $255,000

      (Oct)

      Estimated returns over time

      1 Month

      -0.35%

      3 Month

      -28.81%

      6 Month

      -24.65%

      12 Month

      -22.59%

      Compare with

      Honestdoor Price

      Parkvale avg (2025)

      Honestdoor Price by month for 4605 46 STREET
      YearHonestdoor PriceParkvale avg (2025)
      Oct 25$329,400$309,435
      Nov 25$324,000$309,435
      Dec 25$324,400$309,435
      Jan 26$302,000$309,435
      Feb 26$327,600$309,435
      Mar 26$335,000$309,435
      Apr 26$338,400$309,435
      May 26$336,700$309,435
      Jun 26$333,600$309,435
      Jul 26$358,200$309,435
      Aug 26$336,200$309,435
      Sep 26$255,900$309,435
      Oct 26$255,000$309,435

      City Assessment

      $282,900

      (2025)

      Estimated returns over time

      1 Year

      +10.59%

      3 Year

      +13.02%

      5 Year

      +7.08%

      Compare with

      City assessment

      Parkvale average

      City assessment by year for 4605 46 STREET
      YearCity assessmentParkvale average
      2019$277,400$319,375
      2020$264,200$310,304
      2021$254,100$303,922
      2022$250,300$272,399
      2023$247,800$295,568
      2024$255,800$290,548
      2025$282,900$309,435

      How this home compares

      Against Parkvale and Red Deer.

      Est. gross rental yield

      6.5%

      Annual rent ÷ Honestdoor Price

      Value vs average

      -18%

      below the Parkvale average

      • This home (Honestdoor Price)

        $255,000

      • Parkvale average

        $309,435

      • Red Deer average

        $405,542

      Neighbourhood and city figures are 2025 average assessed values.

      Price per square foot

      -2%

      below the Parkvale average

      • This home (estimated)

        $295 / sqft

      • Parkvale sold average

        $302 / sqft

      This home: Honestdoor Price ÷ floor area. Neighbourhood: average sold price per sq ft.

      Monthly rent

      -25%

      below the Parkvale average

      • This home (estimated)

        $1,380/mo

      • Parkvale average

        $1,837/mo

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      Estimated rental information

      Airbnb nightly rate

      $70/day

      Monthly rental rate

      $1,380/month

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      Parkvale market

      Explore Parkvale data

      Parkvale sales in 2026

      18

      -35.7%28 in 2025

      Avg. house price

      $309,435

      +6.5%$290,548 in 2024

      Avg. condo price

      $118,934

      -4.8%$124,908 in 2024

      Parkvale growth this year

      +4.89%

      +1.19% in 2024

      Average value vs Red Deer

      Average assessed value for this property type

      Parkvale

      Red Deer average

      Average assessed value by year in Parkvale compared with Red Deer
      YearParkvaleRed Deer average
      2019$319,375$373,414
      2020$310,304$365,051
      2021$303,922$365,732
      2022$272,399$348,795
      2023$295,568$356,132
      2024$290,548$371,860
      2025$309,435$405,542

      Sales per year

      Recorded sales in Parkvale · 2026 is year to date

      Recorded sales per year in Parkvale
      Parkvale
      201420 sales
      201518 sales
      201616 sales
      201714 sales
      201815 sales
      201918 sales
      202017 sales
      202120 sales
      202224 sales
      202328 sales
      202412 sales
      202528 sales
      2026 YTD18 sales

      Property analysis

      4605 46 STREET compared with the average home nearby.

      Floor space

      -30%

      below neighbourhood average

      • This property

        864 sqft

      • Parkvale

        1,242 sqft

      • Red Deer

        1,426 sqft

      Lot size

      -61%

      below neighbourhood average

      • This property

      • Parkvale

      • Red Deer

      4605 46 Street is a home in Red Deer, Alberta. It is estimated to be 864 sq ft and built in 1944 with 3 baths and 2 bedrooms. It last sold for $255,000 on Sep 28, 2026. The most recent Honestdoor Price for this home is $255,000 and was last estimated on Oct 13, 2026. Assessment growth for this home is +0.33% annually, with a total growth of +$5,500 since 2019. It is estimated that it would make $70 per day on Airbnb and rent out for $1380 per month.

      * This information is sourced from publicly available land registry records and is not provided by the RAE's MLS® System Data

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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