Diane Richardson

Office Location

703 64 Ave SE #130
Calgary, AB T2H 2C3

Cell: 403.397.3706

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Great timing — this is one of the busiest real estate sites in Calgary right now. Buyers and sellers are moving quickly, so if a page feels in-demand, that's the point: you're where the action is.

Lethbridge Homes for Sale $400,000 to $500,000

Explore houses for sale in Lethbridge under $500,000, including detached family homes, bungalows, duplexes and townhouses priced from $400,000 to $500,000. Browse Lethbridge MLS® listings across North, South and West Lethbridge.

Lethbridge homes for sale between $400,000 and $500,000

Discover Lethbridge homes for sale from $400,000 to $500,000 and explore residential properties throughout the City of Lethbridge. Depending on current inventory, this price range may include detached houses, bungalows, semi-detached homes, duplexes, townhouses and select condominium properties.

Whether you are searching for a family home with additional bedrooms, a bungalow with main-floor living or a property with a garage and developed basement, this Lethbridge MLS® search offers a starting point for comparing properties within your budget. Review asking prices, photographs, floor plans, neighbourhood locations and available property details.

Detached Family Homes

Explore eligible detached houses with different bedroom layouts, yards, garages, basements and living spaces. Compare condition and recent comparable sales.

Bungalows & Duplexes

Compare single-level home designs, semi-detached properties and duplexes with varying floor plans, parking arrangements and maintenance needs.

Basements & Suite Potential

Consider homes with developed basements or additional living areas. Verify permits and legal suite status before assuming a separate unit is permitted.

Houses for Sale in Lethbridge Under $500,000

Buyers searching for houses for sale in Lethbridge under $500,000 can compare different styles of detached and attached homes. This page focuses specifically on the $400,000 to $500,000 price range, rather than all properties below $500,000.

Depending on location and available inventory, buyers may encounter homes with three or more bedrooms, attached or detached garages, developed basements and usable outdoor space. These features should be confirmed in each MLS® listing rather than assumed for the price range.

Lethbridge Homes with Developed Basements and Secondary Suites

Some buyers are interested in suited homes for sale in Lethbridge or houses with space for extended family. Properties may be advertised with finished basements, separate entrances or secondary living areas.

However, a developed basement is not necessarily an approved secondary suite. Buyers should verify municipal permits, zoning requirements, building and fire safety compliance, and any applicable rental restrictions before relying on the property for separate residential occupancy.

If potential rental income is part of your purchase decision, confirm both the legal status of the suite and your lender's requirements. Do not assume that advertised basement space can automatically be rented.

Explore Lethbridge Neighbourhoods

Lethbridge offers a range of residential communities across the north, south and west areas of the city. Depending on current listings, buyers may find homes in Copperwood, Garry Station, Blackwolf, Heritage Heights and established South Lethbridge neighbourhoods.

Buyers may wish to compare homes near shopping, schools, parks and recreation. Lethbridge's Oldman River valley, Henderson Lake Park and local pathway network contribute to the city's recreational character.

Consider the specific property's condition and location, routes to work or school, and nearby amenities. Travel distances and neighbourhood features can vary considerably throughout Lethbridge.

What to Review Before Buying a Lethbridge Home

Before purchasing, compare more than the asking price. Review property taxes, insurance, utilities, inspection findings, maintenance requirements and any condominium fees where applicable.

For established houses, investigate roof condition, foundation and drainage, mechanical systems, windows and past renovations. For attached properties, confirm ownership structure and maintenance responsibilities.

Recent comparable sales can help put an asking price into context, while a professional inspection and suitable purchase conditions may help identify property-specific risks.

Important price-range information: This page is intended for active residential listings within the City of Lethbridge priced from $400,000 to $500,000. Properties above $500,000 or below $400,000 should be viewed in their appropriate price-range searches. Verify each home's current asking price, listing status, municipality and ownership details before arranging a showing.

Explore Nearby Lethbridge Home Price Ranges

Find Your Lethbridge Home with Diane Richardson

Have questions about detached houses, bungalows, duplexes, townhouses or homes with developed basements priced between $400,000 and $500,000? Diane Richardson can assist with reviewing current MLS® listings, comparing properties and recent sales, and arranging private showings.

Phone/Text: 403.397.3706

Email: diane@mypadcalgary.com

Contact Form: Ask About Lethbridge Homes

Lethbridge Homes $400,000–$500,000

Lethbridge Homes $400K–$500K | Houses for Sale

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1-12/97
  • 518 Edith Emma Coe Road N in Lethbridge: Legacy Ridge / Hardieville Detached for sale : MLS®# A2357437

    518 Edith Emma Coe Road N Legacy Ridge / Hardieville Lethbridge T1H 5M6
    Main Photo: 518 Edith Emma Coe Road N in Lethbridge: Legacy Ridge / Hardieville Detached for sale : MLS®# A2357437
    $424,900
    Residential
    Status:
    Active
    MLS® Num:
    A2357437
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    960 sq. ft.
    SPACE, UPDATES & A DOUBLE DETACHED GARAGE! This well-maintained, fully developed 4-level split offers 3 bedrooms, 2 full bathrooms, and a fantastic layout with room for everyone! Whether you're a first-time buyer, looking for a little more space, or simply want a move-in-ready home, this property has plenty to offer! The main floor welcomes you with a bright and spacious living room featuring a beautiful view from the front window, along with a comfortable dining area and kitchen. Upstairs, you'll find two bedrooms and an updated full bathroom. The third level is a great space to relax, entertain, or gather with family and friends! Enjoy a generous family room with a cozy gas fireplace, a convenient office nook, another full bathroom, and direct access to the backyard and garage. The fourth level adds a third bedroom, laundry area, and additional storage. AND THE UPDATES! Enjoy newer appliances including the stove, microwave, dishwasher, washer and dryer, plus a newer hot water tank, central A/C (2024), updated faucets throughout, new carpet on the third and fourth levels, and updates to the upper bathroom. Outside, you'll appreciate the backyard with a dedicated dog run, front driveway parking, and a DOUBLE DETACHED GARAGE with 220V power! Plenty of parking, plenty of space, and plenty of reasons to make this your next home. A fantastic homeownership opportunity that's ready for you to move in and enjoy! More details
    Listed by RE/MAX REAL ESTATE - LETHBRIDGE
    DIANE RICHARDSON
  • 2715 10A Avenue S in Lethbridge: Lakeview Detached for sale : MLS®# A2357083

    2715 10A Avenue S Lakeview Lethbridge T1K 0G8
    Main Photo: 2715 10A Avenue S in Lethbridge: Lakeview Detached for sale : MLS®# A2357083
    $475,000
    Residential
    Status:
    Active
    MLS® Num:
    A2357083
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    880 sq. ft.
    LIVE UP, RENT DOWN! Whether you're looking for a home with rental income potential or a great addition to your investment portfolio, this well-maintained, MOVE-IN READY property in South Lethbridge offers an incredible opportunity! With a LEGAL UP/DOWN SUITE, 3 bedrooms, 2 bathrooms, and over 1,680 sq. ft. of total developed living space, there's plenty to appreciate. The main floor offers 2 bedrooms, a full bathroom, a kitchen, dining area, and comfortable living room. Downstairs, the legal basement suite has its own SEPARATE ENTRANCE, 1 bedroom, a full bathroom, kitchen, and living room. A shared laundry area adds convenience for both spaces. Outside, the OVERSIZED DOUBLE DETACHED HEATED GARAGE with back alley access is a fantastic bonus! There's also plenty of room for vehicles, RV parking, and a backyard with green space to enjoy summer BBQs, entertaining, or simply relaxing outdoors. And the LOCATION! Situated in an established South Lethbridge neighbourhood, you're close to Henderson Lake, Henderson Golf Course, Henderson Pool, walking and biking paths, shopping, and everyday amenities. A great property with plenty of possibilities — come see what it has to offer! More details
    Listed by RE/MAX REAL ESTATE - LETHBRIDGE
    DIANE RICHARDSON
  • 115 Bluefox Boulevard N in Lethbridge: Uplands Detached for sale : MLS®# A2356789

    115 Bluefox Boulevard N Uplands Lethbridge T1H 5Y5
    Main Photo: 115 Bluefox Boulevard N in Lethbridge: Uplands Detached for sale : MLS®# A2356789
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2356789
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    2,075 sq. ft.
    Welcome to this beautifully maintained, custom-built two-storey home in the highly desirable Uplands neighbourhood, ideally situated right beside Bluefox Park and just minutes from Greywolf Park! Offering over 2,000 square feet of living space above grade, this one-owner home showcases quality craftsmanship, thoughtful design, and incredible pride of ownership throughout. Featuring 4 spacious bedrooms and 3 full bathrooms, this home offers plenty of room for the entire family. The main floor features a welcoming living room, a comfortable family room with a cozy gas fireplace, a formal dining room perfect for entertaining, and a spacious kitchen complete with granite countertops and plenty of cabinetry. Convenient main-floor laundry adds to the home's functional layout. Upstairs, you'll find generously sized bedrooms, including a spacious primary retreat with a beautiful ensuite featuring a relaxing jetted tub. Additional highlights include central air conditioning, a durable metal roof, and an insulated double attached garage. Step outside and discover the truly incredible landscaping that makes this property stand out! The beautifully maintained yard features mature greenery, thoughtfully designed garden spaces, and a wonderful three-season sunroom overlooking the outdoor space. Whether you're enjoying your morning coffee, entertaining family and friends, or simply relaxing in your own backyard, this property offers a fantastic outdoor setting. The undeveloped basement provides plenty of additional storage and an excellent opportunity to create even more living space tailored to your needs. Located in one of North Lethbridge's established neighbourhoods, you'll appreciate the peaceful surroundings, nearby parks, walking paths, schools, shopping, and convenient access to everyday amenities. With its exceptional location beside Bluefox Park, impressive landscaping, spacious layout, and years of careful ownership, this is a wonderful opportunity to make a truly special property your next home! More details
    Listed by Lethbridge Real Estate.com
    DIANE RICHARDSON
  • 275 Red Crow Boulevard W in Lethbridge: Indian Battle Heights Detached for sale : MLS®# A2355870

    275 Red Crow Boulevard W Indian Battle Heights Lethbridge T1K 7B2
    Main Photo: 275 Red Crow Boulevard W in Lethbridge: Indian Battle Heights Detached for sale : MLS®# A2355870
    $489,900
    Residential
    Status:
    Active
    MLS® Num:
    A2355870
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,365 sq. ft.
    A wonderful home that has been meticulously cared for and the seller has loved living here since 1998! Come in and take your time to view and enjoy this well loved residence with an open main floor plan that lends itself to great entertaining and doing your cooking/baking thing in a kitchen that has been updated with beautiful cabinets and granite countertops (2014) plus check out the walnut hardwood floors, all new in 2014. The kitchen, dining and living areas are open concept. This area also leads to awesome upper and lower decks with Duradeck covering overlooking a lovely backyard. The home has a total of four (3+1) bedrooms, all great sized, the primary bedroom is on the main level and has a 4 piece ensuite and a walk-in closet. The lower level has a supersized family room that makes it possible for great entertaining and areas for games or a lovely reading space. This awesome room also has a corner gas fireplace keeping the vibe cozy. Let's not forget the double attached, insulated, and drywalled garage, a large storage area under the rear deck, central air conditioning and underground sprinklers on a timer, shingles redone 2016, furnace 2020, hot water tank 2024, fridge & stove 2021, and new carpet in 2017. You can just move in and enjoy! Have a look at the photos, virtual tour and you are welcome to book a viewing with your favourite agent! More details
    Listed by RE/MAX REAL ESTATE - LETHBRIDGE
    DIANE RICHARDSON
  • 629 Blackwolf Boulevard N in Lethbridge: Blackwolf 1 Semi Detached (Half Duplex) for sale : MLS®# A2351979

    629 Blackwolf Boulevard N Blackwolf 1 Lethbridge T1H 7H7
    Main Photo: 629 Blackwolf Boulevard N in Lethbridge: Blackwolf 1 Semi Detached (Half Duplex) for sale : MLS®# A2351979
    $420,000
    Residential
    Status:
    Active
    MLS® Num:
    A2351979
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,257 sq. ft.
    A whimsical, design inspired home just a few blocks from the 73 acre Legacy Regional Park, offering modern finishes, thoughtfully designed living spaces, and a private fenced yard. The bright, open concept main floor seamlessly connects the kitchen, dining, and living areas, creating an inviting space for both everyday living and entertaining. At the heart of the home, the kitchen features a generous island with plenty of room to gather with family and friends. Upstairs, you'll find three bedrooms, including a spacious primary retreat complete with a private ensuite and walk in closet. A conveniently located central laundry room adds to the functionality of the upper level. The unfinished basement offers plenty of additional space and endless potential to customize to your needs. Outside, the fully fenced backyard provides a private setting to relax or entertain, featuring a lower patio ideal for enjoying summer evenings. Just steps from Legacy Regional Park, you'll enjoy easy access to an extensive network of walking paths, playgrounds, tennis and pickleball courts, and a variety of recreational amenities. Shopping, restaurants, and everyday conveniences are also just minutes away. With its distinctive design, thoughtfully planned living spaces, and inviting outdoor areas, this move in ready home offers a unique opportunity in one of Calgary's most desirable communities. More details
    Listed by Real Broker
    DIANE RICHARDSON
  • 1114 12B Street S in Lethbridge: Fleetwood Detached for sale : MLS®# A2355750

    1114 12B Street S Fleetwood Lethbridge T1K 1S2
    Main Photo: 1114 12B Street S in Lethbridge: Fleetwood Detached for sale : MLS®# A2355750
    $429,900
    Residential
    Status:
    Active
    MLS® Num:
    A2355750
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,226 sq. ft.
    Welcome to this beautifully maintained 3-bedroom home in an idea south side location! The inviting living room features large front windows that fill the space with natural light, hardwood flooring, and a cozy gas fireplace. Hardwood flooring continues into the upstairs bedroom, adding warmth and character. The home’s predominantly cement walls contribute to its solid construction and insulation. A secondary living space at the back of the home offers added flexibility for relaxing, entertaining, or even a fourth bedroom. The fully developed basement provides even more room to spread out, featuring a spacious third bedroom, a 4-piece bathroom, a family room, and a massive storage area in the utility room. Outside, enjoy the beautifully landscaped yard with established perennials, a welcoming front porch, and a back deck with pergola. The mature, private backyard, while the garage, built in 2018, adds everyday convenience. Recent updates include fresh paint throughout the main floor, a freshly stained back deck, a new front storm door, and brand new OTR microwave. The fridge and dishwasher were both replaced just two years ago. With its versatile living spaces, inviting outdoor areas, and central location, this home is a fantastic opportunity. More details
    Listed by Onyx Realty Ltd.
    DIANE RICHARDSON
  • 308 210 Firelight Way W in Lethbridge: Copperwood Row/Townhouse for sale : MLS®# A2356122

    308 210 Firelight Way W Copperwood Lethbridge T1J 4B2
    Main Photo: 308 210 Firelight Way W in Lethbridge: Copperwood Row/Townhouse for sale : MLS®# A2356122
    $419,900
    Residential
    Status:
    Active
    MLS® Num:
    A2356122
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,276 sq. ft.
    Welcome to this beautiful home in the popular community of Copperwood! Enjoy the best of both worlds with stunning lake views, abundant greenspace, and scenic walking paths right in your neighbourhood. This well-appointed home features 3 bedrooms and 2.5 bathrooms, with a thoughtful layout designed for comfortable everyday living. Right through the front entrance you’ll feel the open space of the main level, where the Great Room flows naturally into the dining room and modern kitchen. Upstairs the spacious primary bedroom is a true retreat, complete with a beautiful ensuite and an extensive upper deck where you can relax and take in the beautiful lake views. Right off of the primary bedroom you can enjoy the added convenience of a walk-through laundry area leading directly into a walk-in closet. Additional noteworthy features include: - Double rear-attached garage. - Fresh paint within the last couple of years. - Air conditioning for year-round comfort. - Basement with excellent potential to develop or use as storage, flex space, or gym space. - Large front veranda to enjoy the open-space and gorgeous views of the lake This home is the full package and has potential for buyers of all life stages, so ask your realtor about viewing this property today! More details
    Listed by Lethbridge Real Estate.com
    DIANE RICHARDSON
  • 414 Gateway Cres S in Lethbridge: Fairmont Detached for sale : MLS®# A2356175

    414 Gateway Cres S Fairmont Lethbridge T1K 4X2
    Main Photo: 414 Gateway Cres S in Lethbridge: Fairmont Detached for sale : MLS®# A2356175
    $499,900
    Residential
    Status:
    Active
    MLS® Num:
    A2356175
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,118 sq. ft.
    Looking for a beautiful home with plenty of space, comfort, and an excellent location? Welcome to this stunning, fully finished bi-level in the desirable Fairmont neighbourhood of South Lethbridge! With 3 bedrooms, 3 bathrooms, a walkout basement, and a double attached garage, this home offers a wonderful combination of style, functionality, and comfortable living. From the moment you step inside, you'll be impressed by the soaring vaulted ceilings and gorgeous arched windows that fill the home with natural light, creating a bright, airy, and welcoming atmosphere. The beautiful hardwood floors add warmth and elegance to the spacious open-concept main living area, making it the perfect place to relax, entertain, or spend quality time with family and friends. The well-appointed kitchen features granite countertops, plenty of cupboards, a convenient island, and a generous dining area with room for all your family gatherings. The main floor offers two bedrooms, including a fantastic primary bedroom retreat complete with a walk-in closet and a spacious 4-piece ensuite featuring a luxurious jetted soaker tub and separate shower. Imagine unwinding in your own private retreat after a long day! A second bedroom and another full bathroom complete the main level. Downstairs, you'll discover an incredibly spacious, fully finished walkout basement that provides even more room to enjoy! The huge family room features a cozy gas fireplace, creating the perfect atmosphere for movie nights, entertaining guests, or simply relaxing. An additional bedroom, a third bathroom, and convenient access to the backyard make this lower level both comfortable and functional. Step outside and enjoy the beautifully landscaped, fully fenced backyard, offering a wonderful space for outdoor activities, summer barbecues, or simply enjoying some fresh air. The upper deck and lower patio provide great options for outdoor relaxation and entertaining. Additional highlights include central air conditioning to keep you comfortable during those hot summer days, a double attached garage, and plenty of space throughout the home. And let's not forget the fantastic location! Situated in a desirable South Lethbridge neighbourhood, this home is conveniently close to schools, parks, playgrounds, shopping, restaurants, and all the amenities you need. With its impressive ceilings, beautiful natural light, spacious living areas, and excellent location, this home has so much to offer! Don't miss your opportunity to make it yours! More details
    Listed by Real Estate Centre
    DIANE RICHARDSON
  • 1203 23 Street N in Lethbridge: Park Meadows Detached for sale : MLS®# A2355856

    1203 23 Street N Park Meadows Lethbridge T1H 3T2
    Main Photo: 1203 23 Street N in Lethbridge: Park Meadows Detached for sale : MLS®# A2355856
    $424,400
    Residential
    Status:
    Active
    MLS® Num:
    A2355856
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,084 sq. ft.
    Check out this Gem, five bedroom two bath home, illegal basement suite, entire home remodelled, Newer roof, furnace, flooring, counters, bathrooms, this home needs nothing, RV parking, off street parking front and back, oversized double plus garage, close to everything, schools, shopping, bus, park, fantastic home with revenue potential. More details
    Listed by RE/MAX REAL ESTATE - LETHBRIDGE
    DIANE RICHARDSON
  • 14 Heritage Road W in Lethbridge: Heritage Heights Detached for sale : MLS®# A2355900

    14 Heritage Road W Heritage Heights Lethbridge T1K 6T8
    Main Photo: 14 Heritage Road W in Lethbridge: Heritage Heights Detached for sale : MLS®# A2355900
    $465,000
    Residential
    Status:
    Active
    MLS® Num:
    A2355900
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,246 sq. ft.
    Welcome to 14 Heritage Road West! Located directly across from a park in the established neighbourhood of Heritage Heights, this spacious bungalow offers a wonderful combination of location, functionality, and room for the whole family. With approximately 1,258 sq. ft. on the main floor, a fully developed basement, and a double attached garage, there is plenty of space to enjoy. The main level features a comfortable living area, a functional kitchen and dining space, and three bedrooms, including a primary bedroom with its own 3-piece ensuite. The main bathroom adds a little character with its classic clawfoot tub. Downstairs, you'll appreciate the additional living space, including a large family room, media room, two additional bedrooms, and a full 4-piece bathroom. Whether you need space for family, guests, a home office, or hobbies, this home offers plenty of flexibility. Outside, enjoy a fenced yard with a deck, and everything the park across the street provides . Conveniently located near schools, shopping, and West Lethbridge amenities. This is a great opportunity to make a well-located, spacious bungalow your own! More details
    Listed by RE/MAX REAL ESTATE - LETHBRIDGE
    DIANE RICHARDSON
  • 15 Laval Court W in Lethbridge: Varsity Village Detached for sale : MLS®# A2355490

    15 Laval Court W Varsity Village Lethbridge T1K 4G2
    OPEN HOUSE: Nov 07, 2026
    01:00 PM - 03:00 PM MST
    Open House on Saturday, November 7, 2026 1:00PM - 3:00PM
    Main Photo: 15 Laval Court W in Lethbridge: Varsity Village Detached for sale : MLS®# A2355490
    $409,900
    Residential
    Status:
    Active
    MLS® Num:
    A2355490
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    810 sq. ft.
    If you are looking for a home that has AMPLE PARKING, UPDATES AND RENOVATIONS, NICE SIZED LOT then this is the home for you! Updates Include new kitchen, bathrooms, flooring, paint, trim, lighting, double garage, deck, newer roof. furnace and hot water tank. Features 3 bedrooms, 2 bathrooms, double garage, 2 double driveways (1 in the front and one in the back allowing plenty of room for off street and RV parking), large storage shed, mature trees and more. Close to Nicholas Sheran Lake, schools, parks and playgrounds, swimming pool, ice rink, shopping and more. Photos of the back yard, garage etc. to follow. More details
    Listed by SUTTON GROUP - LETHBRIDGE
    DIANE RICHARDSON
  • 2409 14 Avenue S in Lethbridge: Agnes Davidson Detached for sale : MLS®# A2353373

    2409 14 Avenue S Agnes Davidson Lethbridge T1K 0V8
    Main Photo: 2409 14 Avenue S in Lethbridge: Agnes Davidson Detached for sale : MLS®# A2353373
    $435,000
    Residential
    Status:
    Active
    MLS® Num:
    A2353373
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    882 sq. ft.
    Located on a quiet, tree-lined street in the established south side community of Agnes Davidson, this bungalow offers an excellent opportunity for homeowners and investors alike. Surrounded by mature trees and well-kept homes, Agnes Davidson remains one of Lethbridge’s most convenient neighbourhoods, with Our Lady of the Assumption School just steps away and groceries, shopping, and restaurants along Mayor Magrath Drive only minutes from home. Offering 882 square feet above grade, three bedrooms, two bathrooms, an illegal suite, and an oversized heated garage, this home combines classic bungalow character with outstanding versatility. Inside, you’re welcomed into a bright living room with hardwood flooring and a large front window that brings in plenty of natural light. The kitchen features classic oak cabinetry with generous storage, along with a stainless steel range and dishwasher, while the adjoining dining area easily accommodates a full-size table for family meals or entertaining. The main floor also features a spacious primary bedroom with hardwood flooring and sliding barn-style closet doors, a versatile second bedroom, and a nicely updated four-piece bathroom. The oversized heated 33' × 29' double detached garage includes two separate overhead doors with openers, providing ample space for parking, a workshop, or additional storage. Downstairs, the lower level is accessible through its own separate side entrance and includes a laundry room, a three-piece bathroom with a shower stall, and an illegal suite with a large living area, a bedroom, and a kitchen complete with a fridge and stove, offering excellent potential for rental income or multi-generational living. Outside, the fully fenced backyard offers low-maintenance fencing, a grassy yard, and a patio, along with a long concrete pad with back alley access that’s ideal for RV parking or extra vehicles. Combining an oversized heated garage, RV parking, and an illegal suite with a separate entrance in an established south side location, this is a rare opportunity you won’t want to miss. More details
    Listed by REAL BROKER
    DIANE RICHARDSON
1-12/97
Data was last updated November 7, 2026 at 06:05 PM (UTC)

Discover Lethbridge Homes from $400,000 to $500,000: Neighbourhoods, Property Types and Buyer Guide

Exploring Lethbridge homes for sale from $400,000 to $500,000 gives buyers an opportunity to compare detached family houses, bungalows, semi-detached homes, duplexes and townhouses throughout this southern Alberta city. The available selection changes with current MLS® inventory, but this price range can appeal to buyers seeking additional living space, established neighbourhoods or a different style of homeownership.

Whether you are moving from a condominium, searching for more bedrooms, considering a bungalow or relocating to Lethbridge, the important decision is finding a property that fits your lifestyle and financial priorities. Compare location, floor plan, condition, ownership costs and long-term maintenance rather than relying on asking price alone.

Detached Houses & Bungalows

Explore eligible family homes, traditional bungalows and detached houses with different bedroom layouts, garages, basements and outdoor space.

Developed Basements & Suites

Compare homes offering extra living space or secondary-suite potential. Verify permits, municipal approvals and legal status before assuming rental use.

North, South & West Lethbridge

Discover different residential neighbourhoods and compare access to schools, parks, shopping, employment and recreation.

What Can $400,000 to $500,000 Buy in Lethbridge?

Buyers considering houses for sale in Lethbridge under $500,000 may encounter properties with multiple bedrooms, developed basements, garages and private yards, depending on location and current listing availability. This page specifically covers residential homes priced between $400,000 and $500,000, rather than every property below $500,000.

A detached home may offer additional privacy and outdoor space, while a semi-detached property or townhouse may have different maintenance costs and ownership arrangements. An established bungalow can provide a different floor plan than a two-storey family home.

When comparing properties, review usable living area, property age, exterior condition, recent upgrades and the total cost of ownership. Two similarly priced homes can have significantly different renovation and maintenance needs.

Detached Family Homes in Lethbridge

Detached homes can appeal to buyers looking for private outdoor space, a garage, a developed basement or room for changing household needs. Individual properties may offer different combinations of bedrooms, bathrooms and living areas.

Established houses may have mature landscaping, traditional layouts and previous renovations. Newer properties may offer different designs and mechanical systems, but neither age nor appearance guarantees condition.

Review roofing, windows, foundation condition, drainage, heating equipment, plumbing and electrical systems. Ask about renovation permits, maintenance records and any outstanding repair concerns.

Recent comparable sales involving similar detached properties can help buyers evaluate asking prices more meaningfully than citywide averages.

Lethbridge Bungalows and Main-Floor Living

Bungalows for sale in Lethbridge can attract buyers interested in principal living spaces on a single floor. A bungalow may also include a basement, garage and private yard, depending on the property.

Buyers considering downsizing should confirm entrance steps, bedroom placement, laundry location, bathroom layout and garage access. A bungalow does not automatically offer barrier-free accessibility.

Established bungalows may also benefit from careful inspection of foundations, basement moisture, drainage and mechanical systems. The quality of past renovations is another important consideration.

Suited Homes for Sale in Lethbridge: What Buyers Should Know

Some buyers searching within the $400,000 to $500,000 Lethbridge price range are interested in properties with developed basements, separate entrances or additional living arrangements.

The term suited home may be used in property advertising, but it does not by itself establish that a secondary suite is legally approved for separate occupancy.

Before purchasing a property with an existing or proposed secondary suite, verify its status with the City of Lethbridge. Relevant matters may include development approvals, building permits, applicable safety requirements and land-use rules.

Review the physical condition of basement spaces, including moisture, ceiling heights, exits, ventilation, heating arrangements and any completed renovations.

If anticipated rental income influences your financing or purchase decision, speak with your lender and qualified professionals about the property's eligibility. Do not assume that a separate entrance or kitchen makes a basement suite legal.

Duplexes and Townhouses: Attached Home Alternatives

Duplexes, semi-detached homes and townhouses provide alternatives to fully detached ownership. Some buyers prefer these housing styles for their floor plans, garage arrangements or different maintenance responsibilities.

Attached homes may have shared walls, common areas or condominium structures. Confirm the actual ownership type and identify which maintenance costs are the responsibility of the owner.

For condominium-titled properties, review monthly fees, operating budgets, reserve-fund information, insurance, bylaws and potential special assessments.

Parking, landscaping, snow removal and exterior maintenance responsibilities can vary by development. These costs should be considered alongside the purchase price.

West Lethbridge: Copperwood, Garry Station and Heritage Heights

West Lethbridge includes a mixture of newer residential development and established communities. Neighbourhoods such as Copperwood, Garry Station and Heritage Heights offer different housing styles and neighbourhood surroundings.

Depending on current listings, buyers may find detached houses, duplexes or townhouses within their preferred budget. Property features and availability vary from one area to another.

West Lethbridge is also home to the University of Lethbridge. Buyers should consider access to employment, shopping, schools, recreation and the crossings of the Oldman River when comparing locations.

Review the exact property address, nearby road access, garage configuration and any surrounding development rather than assuming that all homes in a neighbourhood offer the same advantages.

North Lethbridge: Blackwolf and Established Areas

North Lethbridge offers established residential neighbourhoods alongside newer housing development. Blackwolf is one of the communities buyers may encounter when researching homes in this part of the city.

Depending on current inventory, buyers may find different detached and attached housing options within the $400,000–$500,000 range.

Compare access to shopping, local services, schools, recreation and travel routes to the rest of Lethbridge. For older homes, review renovation history and maintenance requirements.

South Lethbridge: Established Communities and Amenities

South Lethbridge includes established residential areas such as Glendale, Agnes Davidson, London Road and Victoria Park. Property ages, lot sizes, housing designs and local amenities differ between these neighbourhoods.

Buyers may appreciate the character of established streets, mature landscaping and access to shopping or recreational facilities. Older properties should be evaluated for maintenance and renovation requirements.

Henderson Lake Park is a well-known South Lethbridge recreation destination. As with any city amenity, actual convenience depends on a property's location.

Living in Lethbridge: Parks, Coulees and Recreation

Lethbridge has a distinctive natural setting shaped by the Oldman River valley and surrounding coulees. The city's parks and pathways provide opportunities for outdoor recreation and enjoying the local landscape.

Popular destinations include Henderson Lake Park, Indian Battle Park and the Helen Schuler Nature Centre. These areas offer different walking, recreational and educational experiences.

Lethbridge also has shopping, restaurants, community recreation, schools and post-secondary institutions. Buyers should assess access to the amenities they use most frequently.

Schools, Education and Family Considerations

Families buying in Lethbridge should research schools based on the property's specific address, the relevant school division and the programs required by the household.

Lethbridge is home to the University of Lethbridge and Lethbridge Polytechnic, formerly Lethbridge College. Their locations may influence some buyers' neighbourhood preferences.

Confirm current school attendance boundaries, enrolment eligibility, program availability and transportation arrangements with the appropriate educational institution.

Mortgage Planning for a $400,000–$500,000 Home

Before purchasing, discuss mortgage qualification, down-payment requirements and estimated monthly payments with a qualified lending professional.

A pre-approval can provide an estimated borrowing range, but final mortgage approval depends on the borrower, lender requirements and the property being purchased.

Include property taxes, insurance, utilities, maintenance, closing costs and any condominium fees in your homebuying budget.

Houses with larger floor areas, garages or developed basements may have different operating and repair expenses than smaller attached homes. Estimate the ongoing costs of the particular property.

Home Inspections, Renovations and Property Condition

Comparing the condition of resale homes is an important part of buying within this price range. Similar asking prices do not necessarily indicate similar maintenance needs.

A professional inspection may help buyers assess observable concerns involving foundations, drainage, roofing, windows, heating, electrical systems and plumbing.

Request available information about recent repairs, renovations, basement development and permits. Verify relevant details with the appropriate authorities and professionals.

Lethbridge's local climate, including wind exposure, can make the condition of roofing materials, siding, windows and fencing especially worth reviewing on individual properties.

A Practical Checklist Before Making an Offer

Use the following checklist to compare Lethbridge properties priced from $400,000 to $500,000. It can help identify differences that are not immediately apparent from listing photos.

  • Layout and Property Features Review bedrooms, bathrooms, floor area, garage access, yard space, basement development and storage.
  • Condition and Renovations Examine inspection findings, roofing, mechanical systems, drainage, past renovations, permits and maintenance history.
  • Ownership and Monthly Costs Compare mortgage payments, property taxes, utilities, insurance, upkeep and condominium fees if applicable.
  • Location and Everyday Access Consider schools, shopping, recreation, employment, parking, transit options and regular travel routes.
Important price-range reminder: This page is intended for active residential homes within the City of Lethbridge priced from $400,000 to $500,000. Properties below $400,000 and above $500,000 belong in their respective price categories. Confirm each property's current asking price, MLS® status, municipality and ownership details before arranging a private showing.

Comparing Other Lethbridge Price Ranges

If your budget is below $400,000, compare Lethbridge homes from $300,000 to $400,000. The types of available homes and their features may differ from the current price range.

Buyers who have additional financial flexibility can also explore Lethbridge homes from $500,000 to $600,000 to compare available property styles and features.

Consider the total expense of ownership when adjusting your price range. A higher purchase budget should remain consistent with your financing and long-term financial goals.

Selling a Lethbridge Home in the $400,000–$500,000 Market

Homeowners considering selling a property in this price range should evaluate recent comparable sales and active competition in the relevant neighbourhood.

Property type, location, age, condition, renovations, garages, basement development and floor plan can all influence how buyers compare similar homes.

Houses advertised with secondary suites require accurate descriptions supported by appropriate permit and approval records. Sellers should not describe an unverified basement arrangement as a legal income suite.

Preparing accurate property information, relevant maintenance documentation and good-quality listing photographs can help prospective purchasers evaluate the home.

Diane Richardson can assist homeowners with reviewing comparable sales, assessing competing listings and discussing a property-specific pricing and marketing approach.

Lethbridge Real Estate Guidance from Diane Richardson

Whether you are looking for detached houses, bungalows, duplexes, townhouses or homes with developed basements priced from $400,000 to $500,000, Diane Richardson can help you review current MLS® listings, compare Lethbridge neighbourhoods, consider recent sales and arrange private property showings.

Homeowners planning to sell can also discuss their property's features, condition and position within the Lethbridge resale market.

Phone/Text: 403.397.3706   |   Email: diane@mypadcalgary.com

Contact Diane Richardson for Lethbridge Homes $400,000 to $500,000

Have questions about Lethbridge homes for sale from $400,000 to $500,000, including detached family houses, bungalows, duplexes, townhouses or properties with developed basements? Diane Richardson can help you compare current MLS® listings, explore neighbourhoods in North, South and West Lethbridge, review property details and arrange private showings. Homeowners considering selling can also request information about recent comparable sales and pricing.

Diane provides personalized real estate guidance for buyers and sellers interested in Lethbridge residential properties priced from $400,000 to $500,000. Compare detached houses, bungalows, duplexes and townhouses using current MLS® listings and recent comparable sales. For homes with developed basements or potential secondary suites, confirm municipal approvals, permits and legal suite status before relying on rental use. Review inspections, property condition, garage arrangements and ongoing ownership costs when comparing homes.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.