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Red Carpet is an Affordable Community in southeast Calgary, the community was developed in 1969 & officially established in 1972. It offers a diverse range of housing options from Mobile homes to Condos. The real estate market is active, with properties selling quickly & often over asking price, reflecting strong demand. Residents enjoy bring close to to Elliston Park, shopping centres & major roadways, contributing to a convenient & vibrant lifestyle. Here is a Red Carpet overview.
Established: Red Carpet is one of Calgary’s oldest residential neighbourhoods, firstly developed with mobile homes.
Location: in the southeast quadrant of Calgary, flanked by Elliston Park, 68 Street SE, 17 Avenue SE, & the CN tracks.
Community: Known for its affordability, Red Carpet offers a mix of Mobile homes, & Apartments, making it accessible to diverse buyers & limited budgets.
Penbrooke Meadows School: Public elementary K- Grade 5.
Ernest Morrow School: Public middle school Grades 6 to 9.
Forest Lawn High School: Public high school Grades 10 to 12.
Nearby Catholic Schools: St. Peter School & St. Rose of Lima School provide education from K- High school.
Average Home Prices:
Mobile Homes: Approximately $170,000.
Condos: Approximately $256,000.
Market Activity:
Sales: Homes in Red Carpet typically sell in under 10 days.
Above Asking Price: Approximately 22.2% of homes sell above the asking price, indicating strong demand.
Elliston Park: Offers green spaces, walking paths & it hosts the annual GlobalFest fireworks competition, providing residents with recreational opportunities & many cultural events.
Shopping & Dining: Proximity to East Hills Shopping Centre & various retail stores along 17 Avenue SE offers convenient access to shopping & dining.
Transport: Easy access to major roadways such as Stoney Trail & 17 Avenue SE. Good commuting & connectivity.
Summary: People love Red Carpet in Calgary for its affordability, relaxed atmosphere & access to nature. For those seeking budget-friendly living & a peaceful lifestyle in one of Calgary’s more laid-back neighbourhoods.
For Guidance in navigating the Red Carpet Real Estate Market, reach out to Stewart J. Lowe, an award-winning Realtor with over 23 years of experience. Stewart has a proven track record in high-end real estate sales and exceptional client service. He is known for his friendly, warm, and professional approach. Why not request a no-obligation Marketing Consultation
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