Innisfail Homes with Full Basement Development

Welcome to Innisfail, Alberta – a charming town nestled in the heart of Red Deer County, where small-town warmth meets the beauty of the Canadian prairies. Known for its rich agricultural heritage and a friendly community spirit, Innisfail offers a delightful blend of urban amenities and rural tranquility. With stunning landscapes and a variety of recreational opportunities, this vibrant town is perfect for families, retirees, and everyone in between.

One of the most sought-after features of homes in Innisfail is the availability of properties with full basement development. These spacious homes provide an ideal canvas for your creativity, allowing you to design a cozy family room, a home office, or even a guest suite. The expansive basements not only enhance your living space but also add significant value to your investment. Imagine hosting gatherings or enjoying quiet evenings in your beautifully finished basement, tailored to your lifestyle.

Innisfail's real estate market is diverse, offering a range of options to suit various tastes and budgets. Whether you’re looking for a charming bungalow, a modern two-storey home, or a property with ample outdoor space, you’ll find it all here. The community is well-equipped with schools, parks, and shopping, making it a convenient and desirable place to call home.

With its welcoming atmosphere and stunning homes featuring full basement developments, Innisfail is more than just a place to live; it's a place to thrive. Come and discover the perfect home for you in this delightful Alberta town!

Newest Innisfail Homes with Full Basement Development

$349,500

6 Beds ⋅ 3 Baths ⋅ A2338423 MLS® #

Welcome to this exceptional, original-owner home, thoughtfully built for family living and lovingly maintained throughout the years. Located in the heart of central Innisfail, this spacious 6-bedroom, 3-bathroom Raised Bungalow is tucked into a quiet, family-friendly neighbourhood close to shopping, parks, amenities and more. The bright, open-concept main floor brings the kitchen, dining and living areas together, creating an inviting space filled with natural light. 3 bedrooms are located on this level, including a comfortable primary suite featuring a private 2-piece ensuite and convenient Jack-and-Jill access to the main-floor laundry room. One of the home’s most memorable features is the impressive 23' x 28' four-season sunroom—an addition created for gathering. This is where the original family hosted countless celebrations and special occasions, with plenty of room for everyone to come together. Surrounded by mature neighbourhood trees, the sunroom offers beautiful views and a peaceful place to relax throughout the year. The home’s elevated setting provides additional privacy and an enhanced outlook. The basement is approximately 80% complete and offers three additional bedrooms, a 4-piece bathroom, a large family room, generous storage and plumbing already in place for a future kitchenette. A walkout provides convenient access to both the backyard and garage. Built with quality in mind, the home features 2x6 construction, additional insulation, a durable metal roof, a new furnace and a new hot water tank. Security shutters on the front windows provide added protection and can also help keep the summer heat out. The oversized double attached garage is heated and insulated, while both the garage and basement benefit from comfortable in-floor heating. Outside, the backyard includes fruit trees and shrubs, a garden area and a storage shed. In incredible condition and truly move-in ready, this one-of-a-kind family home offers immediate possession and an opportunity to begin creating your own memories within its walls.

4816 44 Street, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

$549,000

3 Beds ⋅ 3 Baths ⋅ A2314258 MLS® #

Some homes are all about the house. This one is about the house AND the space around it.Tucked into a quiet cul-de-sac in an established neighbourhood, this substantially renovated bungalow sits on a massive lot with the kind of yard that immediately makes you start thinking about what you could do with it. Kids, dogs, gardens, a firepit, summer get-togethers, room to play or simply room to breathe. There is a LOT of space out here.And the house holds its own. With over 1,500 sq. ft. on the main floor, this is a big bungalow with a layout that feels anything but cookie-cutter. Three bedrooms are all on the main level, including a generously sized primary, along with a five-piece bathroom and additional two-piece bath. The open living and dining area gives you plenty of room to gather, the eat-in kitchen keeps things casual, and skylights and large windows bring in loads of natural light.Downstairs, there is even more room to spread out with a huge games and recreation room, four-piece bathroom, laundry and plenty of storage. Whether you need space for teenagers, movie nights, hobbies, a home gym or all of the above, you have options.Then there is the oversized double detached garage, plenty of additional parking and, yes, that yard again. Because it really is one of the things that makes this property different.The location makes life easy too. You are on a quiet close with parks, schools, recreation facilities and Innisfail's extensive trail system nearby, while still having all the conveniences of town close at hand.A substantially renovated bungalow. A huge yard. A quiet cul-de-sac. An oversized garage. And enough space inside and out to actually live a little.This one is worth seeing in person.

5009 41 Street Close, Red Deer County

Courtesy of CIR Realty.

$474,900

5 Beds ⋅ 3 Baths ⋅ A2337521 MLS® #

A home where your family can grow, gather, and create lasting memories—this spacious, Fully Finished 5 Bedroom, 3 Bathroom home is ready to welcome its next family. Whether it’s busy mornings, family dinners around a large table, cozy evenings together, or celebrations filled with the people you love, this home offers the space and warmth to enjoy every stage of family life. Tucked into a quiet area of Innisfail and close to schools, parks, playgrounds, the arena, ball diamonds, and biking and walking paths, it’s an ideal location for an active, growing, or large family to put down roots. Filled with natural light, the home feels bright, welcoming, and spacious from top to bottom. The main floor features a large living room and an updated kitchen with newer appliances, a gas stove, an eat-up island, and an abundance of cabinetry and counter space. The open-concept dining area easily accommodates a larger table, creating the perfect place for family meals and special gatherings. Just off the dining area, the sunroom offers a relaxing space to sit back and enjoy. The main floor features a generously sized primary bedroom with a walk-in closet and private 3-piece ensuite. Completing the main floor are 2 additional bedrooms and a 4-piece bathroom. The fully finished basement adds even more room for everyone with a large family room featuring a cozy corner gas fireplace, 2 additional bedrooms—one currently used as a home gym—a 3-piece bathroom, convenient laundry room, and a large storage area. Outside, the pie-shaped lot offers alley access, RV parking, mature trees, a garden area, firepit, and a patio with a hot tub—providing plenty of space to relax, entertain, and enjoy time together. A double attached garage completes this well-maintained property. Recent improvements include fresh paint in 2026, central vacuum installed in 2025, a new hot water tank in 2024, furnace replaced in 2017, and shingles replaced in 2016. With room for everyone and spaces designed for both gathering and everyday living, this is more than just a house—it’s a place for your family to truly feel at home.

4307 57 Avenue, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

$439,900

4 Beds ⋅ 2 Baths ⋅ A2335780 MLS® #

Be prepared to fall in love with this charming, extremely well-maintained bi-level in a great family-friendly community in Innisfail. Close to walking trails, biking paths, amenities and more, this home has been thoughtfully updated throughout and is move-in ready. Enjoy tons of natural light in the open-concept kitchen and dining area that looks into the bright front living room with vaulted ceilings. The kitchen features newer appliances, a simple elegant backsplash, a decorative eat-up island, a pantry and plenty of counter space. Fresh paint, high-end vinyl plank flooring and updated lighting run throughout, including upgraded Gemstone lighting for the exterior. Completing the main level are two bedrooms and a beautiful spa-like 4-piece bathroom. The covered front entry offers newer flooring and ample space for family and guests. The basement is now fully finished and offers a spacious family room with a high flushed ceiling , a large bedroom that could easily serve as a primary suite, a second bedroom, a 3-piece bathroom, and generous under-stair storage. Start your mornings with coffee on the east-facing covered back deck just off the dining room. The standout feature is the massive 24 × 26 heated garage with 220V wiring — a true handyman’s dream workspace ready for projects, hobbies or extra storage, paved right to the alley, and RV parking on the side. This home checks all the boxes: updated, bright, functional and packed with bonus space. Don’t miss your chance to own it!

4446 54a Avenue Crescent, Red Deer County

Courtesy of REMAX River City.

$356,900

4 Beds ⋅ 2 Baths ⋅ A2335942 MLS® #

Welcome to this original-owner, custom-built 4 bedroom, 2 bathroom home, tucked into a quiet location on the corner of an alley and offering plenty of space, privacy, and functionality. Fully finished from top to bottom and ideally located within walking distance to schools, walking trails, the pool, and other community amenities, this is a wonderful place to call home. Step inside to a spacious, light-filled entryway that immediately creates a bright and welcoming feel. The main floor features beautiful hardwood flooring and vaulted ceilings, adding to the open and airy design. The kitchen offers plenty of cabinetry and counter space, along with a corner sink, pantry, and convenient eat-up area—perfect for casual meals or gathering with family and friends. Just off the kitchen, the east-facing back deck is an ideal spot to enjoy your morning coffee in the sunshine while offering welcome shade later in the day. The dining and living areas flow seamlessly together, creating a comfortable space for both everyday living and entertaining. The spacious primary bedroom easily accommodates a larger bed and additional furniture, while a second bedroom and 4-piece bathroom complete the main level. The fully developed basement adds even more living space with a large family room featuring a cozy corner fireplace, two additional generously sized bedrooms, laundry room, and plenty of storage. Outside, enjoy a private, fully fenced backyard backing onto a berm with no rear neighbours. The yard also features a storage shed, convenient under-deck storage, and a parking pad with room for vehicles or the potential to build a future garage. Several important updates have already been taken care of, including shingles (2021), fridge (2025), washer (2026), stove (July 2026), and hot water tank (July 2026). With its spacious layout, private backyard, recent updates, and convenient location, this well-cared-for home offers a fantastic combination of comfort, functionality, and room to grow.

4406 54a Avenue Crescent, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

$375,000

5 Beds ⋅ 3 Baths ⋅ A2333181 MLS® #

This bi-level home is perfect for large families that need lots of room or small families that are looking extra space and storage. This modernized dwelling has updated windows, a re-modeled kitchen with island, appliances that are around 3 years old (with the exception of the dyer) and a furnace that was new in 2019. The house received an EnerGuide Rating of 104 in February 2024 (putting it on the same level as a typical new home). With 2022 square feet of living space including 5 bedrooms (3 on main level and 2 in the finished basement), plus an extra room for office space, a utility room, multiple storage areas, large basement family room, and full bathrooms upstairs and down. Walk out your front door to Cannon Park Playground. You are within walking distance of schools, aquatic centre, baseball diamonds, and more! Other Property Features include: a 1/4 acre lot in a low traffic neighbourhood. Ample parking for an RV, trailer, boat, etc.. or up to 6 vehicles in the driveway, 24x24 double garage with built in shelving/storage, fenced backyard with deck and many mature trees including apple tree.

3808 49a Avenue, Red Deer County

Courtesy of Real Broker.

$461,000

6 Beds ⋅ 3 Baths ⋅ A2333418 MLS® #

Welcome to this beautifully updated bungalow with amazing curb appeal, in the heart of Innisfail, offering the perfect blend of space, comfort, and functionality for a growing family. With 6 bedrooms and 3 full bathrooms, this home provides room for everyone to live, work, and relax.The bright and inviting main floor with newer flooring ,features 3 spacious bedrooms, a modern renovated bathroom, and a sun-filled living area that flows seamlessly into the dining room and beautifully maintained kitchen with newer appliances and quartz countertop. Large windows allow natural light to pour in, creating a warm and welcoming atmosphere throughout. Step outside from the main floor to a stunning patio overlooking unobstructed green space, offering privacy, walking and biking trail with peaceful views, and a huge backyard perfect for entertaining, kids, and pets. Additionally feature includes kitchen water purifier(2025), in built range hood, Central Vaccum, Newer Appliances in kitchen and Washer Dryer(2024), new front walk way(2025), working underground sprinkler system in the backyard.The fully finished basement expands your living space with 3 additional good sized bedrooms, including flexible options for guest rooms, a home office, gym, or hobby space. A recreation room provides the ideal setting for family movie nights and gatherings, while the full bathroom, laundry area, and thoughtfully designed utility/storage room add convenience and functionality.Outside, you'll love the excellent curb appeal featuring a newly built front walkway, paved driveway with tandem parking for up to 4 vehicles or perfect for your RV, and an oversized detached 24' x 18' garage. This move-in-ready home truly has it all—space, updates, storage, No pet- Non smoking, and a fantastic location—making it the perfect place to call home.

4518 54a Avenue Crescent, Red Deer County

Courtesy of CIR Realty.

$690,000

4 Beds ⋅ 3 Baths ⋅ A2331599 MLS® #

Welcome to one of Innisfail's most coveted locations! Perfectly situated on a quiet street where homes rarely come available, this exceptional fully developed bungalow backs directly onto beautiful Napoleon Lake, offering breathtaking views and an incredible lifestyle. Step out your back door and enjoy scenic walking trails, parks, playgrounds, and nature at your doorstep. You'll also love being just minutes from the Innisfail Golf Club, schools, and having quick, convenient access west or south out of town. This immaculate, move-in ready home offers over 1,450 sq. ft. above grade plus a fully finished basement, featuring 4 bedrooms and 2.5 bathrooms. Lovingly maintained by the same owners for the past 13 years, pride of ownership is evident throughout every inch of this home. Numerous updates over the years include new siding, 2013, shingles in 2018, central air conditioning, and many additional improvements, allowing the next owners to simply unpack and enjoy. The bright, welcoming main floor is perfect for everyday living and entertaining, while the fully finished lower level provides generous additional living space for family and guests. The attached heated triple garage offers plenty of room for vehicles and storage, while the impressive 23x26 detached rear garage built in 2013 with drive-through access is ideal for hobbies, toys, or a workshop. Outside, you'll discover one of the most beautifully maintained yards you'll find. Meticulously landscaped and cared for, this private backyard oasis backs directly onto Napoleon Lake, creating the perfect setting to relax, entertain, or simply enjoy the peaceful surroundings. Homes combining this level of care, outstanding location, and incredible garage space rarely become available. If you've been searching for a truly move-in ready home in one of Innisfail's premier neighbourhoods, this is an opportunity you won't want to miss.

6026 47 Street, Red Deer County

Courtesy of LPT Realty.

$704,999

5 Beds ⋅ 4 Baths ⋅ A2331583 MLS® #

Prepare to be wowed the moment you step inside this beautifully renovated two storey home, where exceptional craftsmanship and upscale finishes are evident throughout. Offering 5 bedrooms, including 3 spacious bedrooms upstairs and 2 additional bedrooms in the fully finished basement, this home perfectly blends luxury with everyday functionality. The impressive main floor showcases soaring vaulted ceiling, custom cabinetry, quartz countertops, and stunning built-in features that create a warm yet sophisticated living space. The chef inspired kitchen is the heart of the home, featuring a large quartz island, a gas cooktop with an electric oven, an additional wall oven, and an abundance of custom cabinetry, making it ideal for everyday living and entertaining. The inviting family room is enhanced with beautiful custom built-ins, creating a stylish focal point while providing functional storage and display space. Wide stairways with integrated lighting add a dramatic architectural touch while enhancing both style and safety. Escape to the luxurious primary suite featuring a private balcony, the perfect place to enjoy your morning coffee or unwind at the end of the day. The spa inspired 5 piece ensuite offers a relaxing retreat, while the upstairs main bathroom is filled with natural light from a beautiful skylight. The fully developed basement is designed for entertaining with cozy in-floor heat, a stylish wet bar, and plenty of room for family gatherings or movie nights. The heated garage features a durable epoxy floor coating, while outside you'll find a beautifully landscaped backyard oasis complete with a stunning large permeable paving stone patio, an inviting fire pit area, and stunning perennial flower beds that surround the property. The meticulously maintained yard is equipped with a 32-head underground sprinkler system, making it easy to keep the lawn and landscaping lush and beautiful all season long. This extensively renovated, move in ready home offers an exceptional combination of quality, comfort, and timeless design. Every detail has been thoughtfully finished, making this an opportunity you won't want to miss. This home has a new furnace in 2024, 35yr shingles put on in 2015, both hot water tanks have been replaced within the last 10 years.

5933 45 Street Crescent, Red Deer County

Courtesy of Coldwell Banker OnTrack Realty.

$639,000

6 Beds ⋅ 3 Baths ⋅ A2331185 MLS® #

Backing directly onto a treed greenbelt, this thoughtfully designed home offers six full-sized bedrooms, three bathrooms, and a bright walkout basement. Classic architectural details blend seamlessly with thoughtful updates, creating a home that is both timeless and practical.Ceilings just shy of 10 feet, generous room sizes, and open sightlines create an immediate sense of space throughout the main level. A tray ceiling in the formal dining room, custom picture-frame moulding in the living room, and large architectural windows throughout create warmth, character, and architectural interest.The kitchen features granite countertops, stainless steel appliances, abundant cabinetry, a large island with seating, and an adjoining dining area.The primary suite easily accommodates a king-sized bed and includes a beautifully finished ensuite with dual vanities, a dedicated makeup vanity, granite countertops, and a large tiled walk-in shower with dual shower heads. Two additional spacious bedrooms, a full bathroom, and main-floor laundry complete the main level.The bright walkout basement offers three spacious bedrooms, an expansive family room, a full bathroom, two large storage rooms, and oversized windows that fill the space with natural light.Outside, enjoy the covered west-facing deck overlooking the greenbelt, along with a landscaped backyard featuring mature trees, a curved stone retaining wall, a fire pit, storage shed, and wiring for a future hot tub.The heated double attached garage features in-floor heat and epoxy flooring. The basement also features in-floor heating, and a brand-new roof will be completed prior to possession.Private showings by appointment. Buyer's agents welcome.

3565 54 Avenue, Red Deer County

Courtesy of Real Broker.

$349,000

4 Beds ⋅ 2 Baths ⋅ A2330265 MLS® #

Looking for a move-in ready property with flexible living spaces and plenty of recent updates? This bright and well-maintained half duplex offers 4 Bedrooms and 2 Bathrooms, including a newly developed illegal suite in the lower level. With thoughtful updating completed throughout much of the home, this property is ready for its next owner to move in and enjoy.The upper level is filled with natural light and features a spacious Living Room, a functional Kitchen with ample cabinetry and workspace, 2 Bedrooms, and an updated 4 Piece Bathroom. Recent improvements include mostly new flooring, fresh paint, updated lighting, and new plugs and switches, creating a fresh, inviting feel while maintaining the home's original character.A convenient side entrance provides separate access to both the upper and lower levels. The newly developed lower level contains an illegal suite with 2 Bedrooms, a 4 Piece Bathroom, and a kitchenette complete with cabinetry, sink, refrigerator, and microwave. A centrally located laundry area serves both levels of the home.Additional updates include a new roof (2020), high-efficiency furnace (2019), and a new high-efficiency hot water on demand system . The upper level is heated by a dedicated forced-air furnace, while the lower level features radiant baseboard heating supplied by the on-demand hot water system.Situated in a mature Innisfail neighbourhood close to parks, walking paths, and everyday amenities, this well-kept property offers a practical layout, quality updates, and excellent flexibility for a variety of lifestyles.

4928 59 Street, Red Deer County

Courtesy of RE/MAX real estate central alberta.

$419,900

3 Beds ⋅ 3 Baths ⋅ A2329781 MLS® #

This home has been lovingly cared for by one family since it was built and is now ready to welcome its next chapter. Situated in a mature community within Innisfail, this well maintained 4 level split offers 3 bedrooms, 2.5 bathrooms, over 1,100 sq. ft. above grade, and an oversized 29'6" x 21'5" attached double garage with plenty of room for vehicles, storage, or a workshop. The bright and inviting main floor features a spacious living room centered around a cozy wood burning fireplace, an adjoining dining area, and an updated kitchen (2013) with plenty of cabinet and counter space which includes a nice dining room with convenient access to the deck and backyard. Upstairs you'll find three comfortable bedrooms, including the primary bedroom complete with its own 2 piece ensuite, along with a 3 piece main bathroom. The lower level features a spacious family room, a versatile den, and a convenient 3 piece bathroom with integrated laundry. The basement provides two additional flex spaces perfect for a games room, home gym, theatre room, hobby space, or playroom, along with plenty of storage. Important updates include the kitchen renovation, shingles (approximately 5-6 years), furnace (approximately 6-8 years), hot water tank (2019), and resealed windows, providing peace of mind for years to come. Outside, enjoy the mature treed yard, fenced backyard, rear deck, balcony, and convenient back lane access. Ideally located close to schools, parks, walking trails, shopping, golf, and many other amenities, this is a fantastic opportunity to own a solid, well-cared-for family home in one of Innisfail's established neighbourhoods. Come see everything this wonderful property has to offer!

4003 53 Avenue, Red Deer County

Courtesy of RE/MAX real estate central alberta.

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