Red Carpet is a residential neighborhood located in the southeast quadrant of Calgary, Alberta, Canada. It offers affordable real estate options for homebuyers, including townhouses, apartments, and single-family homes. The area is also known for its easy access to amenities and public transportation, making it an attractive location for families and commuters alike.

The neighborhood has a mix of community businesses, including restaurants, grocery stores, and shops. For outdoor activities, residents can visit nearby parks such as Elliston Park, which offers stunning views of the Rocky Mountains, and the Bow River pathway network for hiking, biking, and jogging.

As of 2022, the average home price in Red Carpet is around $185,000, making it a budget-friendly option for those looking to purchase a home in Calgary. The neighborhood has experienced steady growth in recent years, with the average selling price increasing by 7.5% in 2021. The area's real estate market offers opportunities for both first-time homebuyers and investors.

Overall, Red Carpet offers a great value for homebuyers looking for affordable real estate options in a convenient location in Calgary. Its accessibility to amenities and outdoor activities, along with its affordability, make it a popular choice for many looking to settle down in the area.