The Cheapest Houses You Can Buy in Alberta in April 2023

This two-bedroom bungalow is 1,023 square-feet and is located in the hamlet of Rochester. It’s set on a large lot with a great view. There’s a lot of potential here for DIYers. While Rochester’s population is under 100, there’s still a school (K-9) and a local store for all your needs. Located about 93 km north of Edmonton, big city amenities aren’t too far away.

This 700 square-foot  home in Dewberry needs renovations, but it comes with the opportunity to buy a commercial serviced corner lot, next door, for $1. The house is connected to town water and sewer plus gas and hydro. Dewberry is located in central Alberta, about 70 km northwest of Lloydminster.

Located in Castor, roughly 150 km east of Red Deer, this two-bedroom bungalow includes a covered patio and good-sized dining area. Trees in the large yard offer privacy, though the street is pretty quiet too. The garage is roomy enough for at least two vehicles.

This 555 square-foot one bedroom bungalow was built in 1934 in Coronation, a town of just under 900 people. The town is located in the east-central part of the province, about 100 km west of the Saskatchewan border. While small, this starter home comes with a newly installed metal roof. The house includes some furniture and appliances, so you save even more!

Yes, it’s a handyperson’s special, but at under $43k for three bedrooms and two baths, this house is still a good deal. Located in Islay, a hamlet just west of Lloydminster, this home has a new roof and some renovations have already been completed, including most of the windows. The hardwood floor is in good shape. Two of the bedrooms are located in the partially developed basement. There’s a decent-sized yard, garden shed and a deck for summer fun.

This unique 4,368 square-foot A-frame is a former church. While there’s just one bedroom, the detached house has plenty of room. It also sits on a corner lot and comes complete with a deck. Galahad, population 111, is located north-east of Red Deer in Flagstaff County.

This 1,275 square-foot starter home looks a little rough on the outside, but it’s much nicer inside. It’s a comfy spot and is located northeast of Grande Prairie in Falher, the Honey Capital of Canada. With a population of around 1,000, town has a large Francophone community. The house comes complete with a big lot, storage shed and mature trees.

In this price range, most properties tend to be fixer uppers. So, if you’re looking for a project, this could be the one. This three bedroom, one bath bungalow is located in Eaglesham (pop. 76), a hamlet in northern Alberta, roughly between Grande Prairie and Peace River. There’s a garage, storage shed and a yard with mature trees. If you’ve got kids, you’re in luck as there’s a K-12 school right in town!

Plain and simple, but that’s OK. This little house works as a summer home, rental or a cozy spot for a couple. Located in Nampa, a short drive down Highway 2 from Peace River, this house has new shingles, windows, flooring and much more. There’s a shed and if you need more space, you can easily build a garage.

According to CREA, the average price in Calgary is $518,100, so if you’re looking for something affordable in the city, this could be the place. This house in Albert Park/Radisson Heights is 816 square-feet and features hardwood flooring, a bright family room and a large rec room. City conveniences (schools, shopping, transit (LRT) are just minutes away.

Whether for a starter home or investment property, this could be the city deal you’re looking for!