The invention relates to a preparation method of recycled aggregate ready-mixed mortar, belonging to the field of building raw materials. The preparation method comprises the following steps of: taking waste concrete, waste bricks and waste sand-lime building materials, which are smaller than 690mm, as raw materials, determining the quantity according to the needs, crushing and drying till the water content is not more than 0.5%, and then performing graded screening so as to prepare recycled aggregate with the particle sizes of 0.075-0.15 mm, 0.15-0.3 mm, 0.3-0.6 mm, 0.6-1.18 mm, 1.18-2.36 mm, 2.36-4.75 mm, 4.75-10 mm and 10-32 mm, wherein metal, wood chips, plastics and other sundries are removed in the graded screening, and the masonry, plastering, waterproof or ground mortar can be respectively prepared by enabling the proportion of the sum of one of the recycled aggregate, cement, powdered ore and cellulose, and short fiber, xanthan gum powder and waterproof powder to the added water to be 1: 0.18. The recycled aggregate ready-mixed mortar can be used as a building raw material. The preparation method has the advantages of protecting natural resources, saving labor, saving time, saving effort, realizing low cost, changing the wastes into valuable things, and meeting the requirements of low-carbon production and living.