Market Overview
Regina is Saskatchewan's capital and second-largest city. The market offers very affordable housing with stable demand driven by government employment, agriculture, and potash mining. The city features the beautiful Wascana Centre park and a growing cultural scene. Prices have been stable with modest growth.
Property Tax Information
Residential Tax Rate
0.849% of assessed value (2024)
Regina's property tax rate is moderate. Properties are assessed by the Saskatchewan Assessment Management Agency (SAMA). Saskatchewan does not charge a land transfer tax on property purchases.
- No provincial land transfer tax on purchases
- Property tax includes municipal and education portions
- Education property tax is a significant portion of the total bill
- Tax bills are issued annually in May with installment payment options
Average Property Prices
Price ranges are approximate and based on typical market values. Actual prices vary by neighborhood, condition, and market conditions.
Neighborhoods to Watch
Downtown
Business district, condos, Wascana Centre access
Cathedral
Historic, character homes, walkable, artsy
Crescent Park
Established, tree-lined, character homes
Whitmore Park
Family-friendly, affordable, established
Harbour Landing
New suburban development, modern homes
Investment Highlights
- Very affordable housing market
- Stable rental demand from government and university
- Strong agriculture and resource economy
- Growing immigrant population driving demand
Schools & Education
Regina Public Schools and Regina Catholic Schools serve the city. Major institutions include University of Regina and Saskatchewan Polytechnic.
Transportation
Regina Transit operates bus networks. The city is car-friendly with extensive road networks. Regina International Airport serves the region.
Pros
- Very affordable housing
- Stable government-driven economy
- Beautiful Wascana Centre
- Growing diverse population
Cons
- Very cold winters
- Smaller job market
- Limited rapid transit
- Economy tied to commodities
Tools & Services for Regina
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Regina Knowledge Hub Guides
Condo Ownership in Canada: A Complete Guide
Everything condo buyers and owners need to know about fees, reserve funds, and governance.
Buying Commercial Real Estate in Canada: The Ultimate Guide
Transitioning from residential to commercial real estate requires a shift in strategy, financing, and due diligence. This guide covers everything Canadian business owners and investors need to know about acquiring business property, from zoning laws to provincial regulations.
Condo Status Certificate: What to Look For Before Buying
How to review a condo status certificate and what red flags to watch for before buying.
Regina Community Q&A
What are the best cities in Canada for real estate investment in 2024?
Can I legally rent my basement apartment in Ontario?
Is this condo reserve fund healthy? How do I evaluate?
Related Resources & Templates
Residential Lease Agreement Template
A foundational residential tenancy agreement template covering key terms, responsibilities, and conditions for landlords and tenants.
Ontario Standard Lease Agreement
The official Ontario Standard Lease form with helpful annotations explaining each section for landlords.
Rental Application Form
A standard rental application template for tenants to fill out when applying for a rental property in Canada.
Top Property Calculators
Run the numbers on any Canadian real estate decision — mortgages, affordability, closing costs, and insurance.
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