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Residential auction

Residential Property Sale

The Town of High River is selling fourteen residential properties located on Riverside Drive and High View Park. Details on the properties and the sealed bid process are below

Details on the residential property sale are accurate to the best of the Town's knowledge. This page will be updated frequently throughout the project with an anticipated completion of July 2022.

As of May 5, 2022 there have been changes to the bid process requirements for inclusion of:
• Additional means of proof of financing
• An extension from 5 days to 10 days to execute the purchase and sales agreement to allow for additional time for financial lenders to perform appraisals (if so required)
• The template agreement to include legal representation for the purchasing parties
• Deposit forfeiture if you are the successful bidder and the proposed sales agreement is not executed within the allotted 10 days
• Proof of funding documentation guidelines, to include an expiration date as per the funding provider or legal counsel

Resources

Bid Openings will be live streamed through the Town's YouTube channel for each property's bid opening date and time (MDT), as posted in the table below.

Please ensure you fill in and complete all documents in the Bidding Package. We've provided a Bidder's Checklist in the package that we encourage you to review to ensure you've completed each step of the process properly. If you have any questions or require further clarity, contact Legislative & Advisory Services.

*Notes:
- Minors will not be permitted inside the homes for the Open Houses or Home Inspections.
- Inspection Appointments MUST BE MADE A MINIMUM OF 24 HOURS IN ADVANCE.

    AddressStarting Bid

    Open Houses
    *NO Minors

    Dates Available for Property InspectionAccepting Bids Starting OnBid Submission Deadline (MDT) Bid Opening Date & Time (MDT) via Live StreamStatus
    626 High View Park$217,660April 19: 9am to 12pmApril 21
    By Appt Only*
    April 19April 28: 2pmApril 28: 3pmSOLD for $267,777

    5 bids received

    400 Riverside Drive$332,860April 19: 1pm to 4pmApril 21
    By Appt Only*
    April 19April 28: 2pmApril 28: 3pmSOLD for $414,000 3 bids received
    627 High View Park$217,660May 3: 9am to 12pmMay 5
    By Appt Only*
    May 3May 12: 2pmMay 12: 3pmSale Pending at $268,779 4 bids received
    1302 Riverside Drive$341,410May 3: 1pm to 4pmMay 5
    By Appt Only*
    May 3May 12: 2pmMay 12: 3pmSale Pending at $468,800 13 bids received
    628 High View Park$219,910May 17: 9am to 12pmMay 19
    By Appt Only*
    May 17May 26: 2pmMay 26: 3pmDetails Available
    1310 Riverside Drive$270,310May 17: 1pm to 4pmMay 19
    By Appt Only*
    May 17May 26: 2pmMay 26: 3pmDetails Available
    630 High View Park$211,360May 31: 9am to 12pmJune 2
    By Appt Only*
    May 31June 9: 2pmJune 9: 3pmDetails Available
    1314 Riverside Drive$335,110May 31: 1pm to 4pmJune 2
    By Appt Only*
    May 31June 9: 2pmJune 9: 3pmDetails Available
    632 High View Park$223,960June 14: 9am to 12pmJune 16
    By Appt Only*
    June 14June 23: 2pmJune 23: 3pmDetails Available
    1318 Riverside Drive$304,510June 14: 1pm to 4pmJune 16
    By Appt Only*
    June 14June 23: 2pmJune 23: 3pmDetails Available
    633 High View Park$224,410June 28: 9am to 12pmJune 30
    By Appt Only*
    June 28July 7: 2pmJuly 7: 3pmDetails Available
    1326 Riverside Drive$364,810June 28: 1pm to 4pmJune 30
    By Appt Only*
    June 28July 7: 2pmJuly 7: 3pmDetails Available
    634 High View Park$224,410July 12: 9am to 12pmJuly 14
    By Appt Only*
    July 12July 21: 2pmJuly 21: 3pmDetails Available
    635 High View Park$228,910July 12: 1pm to 4pmJuly 14
    By Appt Only*
    July 12July 21: 2pmJuly 21: 3pmDetails Available

    Background

    Following the 2013 flood, the Province of Alberta offered buyouts to property owners whose primary residences were identified as being within the 1992 provincial flood map. The Town of High River has purchased 14 properties back from the Province intending to return them to private ownership to restore a sense of community in these beautiful neighbourhoods. 

    Each property for sale backs onto the Highwood Golf Course. A sealed bid sale will be used to sell the properties in a fair and transparent manner:

    • Identified minimum bid for each property reflects Town’s costs
    • Bids will be opened on the date specified in a public process
    • The highest qualified bid will identify the successful purchaser of the property
    • Sales packages will be available for each property, and open houses are planned for each property
    • The houses have had various levels of repairs required to remedy water presence resulting from the 2013 flood 

    High River is a leader in flood mitigation. World-class protection makes it one of the safest communities in Canada. A mitigation network now protects the Town, including these properties.

    To read more about High River’s dike network, see the 2022 Insurance Letter. More information can be found on the Flood Preparedness and Protection, Annual River Monitoring page.


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