Regina Real Estate Guide 2025

Home prices, neighbourhoods, buying costs, and financial tips for purchasing in Regina SK.

Regina Housing Market 2025

Regina remains one of Canada's most affordable real estate markets in 2025. The average residential sale price in Regina is approximately $330,000, with detached single-family homes averaging around $380,000 and condominiums ranging from $180,000 to $280,000. Compared to Toronto ($1.1M+) or Vancouver ($1.3M+), Regina offers exceptional value for buyers.

The market has remained balanced in recent years, benefiting buyers who have time to search and negotiate. Government employment stability and resource sector activity keep demand steady without the speculative pressure found in larger Canadian cities.

Regina Neighbourhood Price Guide 2025

Neighbourhood	Type	Avg. Price Range
Harbour Landing	New single-family & condo	$350,000–$550,000
Wascana View	Executive homes	$500,000–$900,000
Lakeridge	Family homes	$350,000–$500,000
Whitmore Park	Established family	$280,000–$420,000
Cathedral	Heritage/character homes	$220,000–$380,000
Downtown/Core	Condos & apartments	$150,000–$280,000
Glen Elm Park	Starter homes	$200,000–$310,000

Buying Costs in Regina — No Land Transfer Tax!

One of Saskatchewan's biggest advantages for buyers is the absence of a land transfer tax. Here are the typical closing costs for a Regina purchase:

• Title transfer fee: ~$500–$800 (provincial fee, not a tax)
• Legal fees: $1,000–$2,000
• Home inspection: $400–$600
• CMHC insurance (if under 20% down): 2.80%–4.00% of mortgage (added to mortgage)
• PST on CMHC premium: 6% of CMHC premium (paid upfront)
• Property tax adjustment: Varies based on closing date
• Title insurance: ~$200–$350

Total closing costs (excluding CMHC) are typically $3,000–$5,000 for a Regina purchase — significantly less than Ontario or BC where land transfer taxes alone can exceed $100 on the same price.

Property Taxes in Regina

Regina's property tax rate for residential properties in 2025 is approximately 1.0%–1.3% of assessed value annually. For an average $330,000 home, annual property taxes are approximately $3,300–$4,300, or roughly $275–$360 per month. New construction homes may benefit from tax abatements in certain Regina development areas.

Regina Real Estate Process

The typical timeline for buying a home in Regina runs 30–60 days from accepted offer to closing. The process follows standard Canadian real estate procedures with a few Saskatchewan specifics:

• Saskatchewan does not require a lawyer to be present at offer signing — but legal counsel is strongly recommended at closing
• The Saskatchewan REALTOR Association standard offer form includes a 7-day condition period for financing and inspection
• Title transfers are managed through ISC (Information Services Corporation of Saskatchewan)