Belvedere, Regina - July 2026 Real Estate Report

Belvedere, Regina: Houses Are Holding, But Condos Are Having a Rough One

If you own a home in Belvedere and you have been quietly wondering what it is actually worth right now, here is your honest answer. The market is a bit of a split story depending on what you own - and the difference matters a lot heading into summer.

The Vibe: Houses vs. Condos

Let us start with the good news. If we own a house in Belvedere, things are looking reasonably solid. The HonestDoor Price sits at $220,890, and the predicted market value is nudging up to $223,570 - which is already climbing past the 3-month moving average of $219,184. That upward trend is a real signal, not just noise. House values have moved up 2.62% recently, and on the neighbourhood leaderboard, Belvedere houses rank 36 out of 111 neighbourhoods in Regina for growth. That puts us in the above-average tier. Not the top of the class, but solidly ahead of the pack.

• HonestDoor Price (Houses): $220,890
• Predicted Market Value: $223,570
• 3-Month Moving Average: $219,184 - and we are above it
• Recent Value Change: +2.62%
• Growth Rank: 36 out of 111 in Regina (above average)
• Estimated Rent: $1,195 - $1,203 per month
• Rental Yield: 6.08% - that is a strong return

Now for the harder conversation. Condos in Belvedere are taking a real breather right now. The HonestDoor Price is $113,936, down 6.54% from the previous period. The predicted market value of $121,903 is actually sitting well below the 3-month moving average of $144,913 - meaning values are sliding, not stabilizing. The recent change of -40.02% in the growth metric is a serious flag, and the neighbourhood leaderboard confirms it: Belvedere condos rank 86 out of 90 in Regina for growth. That is bottom-of-the-pack territory, and we should not sugarcoat it.

• HonestDoor Price (Condos): $113,936
• Predicted Market Value: $121,903
• 3-Month Moving Average: $144,913 - and we are below it
• Recent Value Change: -40.02%
• Growth Rank: 86 out of 90 in Regina (bottom performers)
• Estimated Rent: $626 per month
• Rental Yield: 4.35% - moderate, not exciting

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your city assessment - it is a snapshot from the past. By the time it lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time using actual sales data, so it reflects what a buyer would likely pay today, not what someone estimated a year or two ago.

For house owners in Belvedere, that gap could mean your city assessment is underselling you. Your HonestDoor Price of $220,890 - with a predicted value climbing to $223,570 - gives you a much sharper number to work with if you are thinking about selling, refinancing, or just figuring out where you stand. Do not let a stale government number be the only data point in your corner.

For condo owners, the HonestDoor Price is equally important - but for a different reason. If your assessment has not caught up to the recent price softness, you could be paying property taxes on a value that no longer reflects reality. That is worth knowing too.

The So What - Should You Sell in Belvedere This Summer?

If you own a house, the timing is not bad at all. Values are trending up, we are ranked above average in Regina for growth, and a rental yield of 6.08% means investors are paying attention to this neighbourhood. Nearby, Wascana Crescents is pricing higher at $263,769, which tells us there is room for Belvedere to keep climbing. Listing this summer while momentum is on your side makes sense - just price it right using your HonestDoor Price, not a number from last year.

If you own a condo, the honest advice is to watch carefully before making a move. With values sitting below the 3-month average and a growth rank near the bottom of Regina, you are not in the strongest negotiating position right now. That does not mean you cannot sell - it means you need to go in with clear eyes and a sharp, current price. Check your HonestDoor Price, compare it to what Rosemont condos are fetching at $167,575, and have a real conversation about your options before summer listings heat up.

Bottom line: Belvedere is not one market right now - it is two. Know which one you are in.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.