Lakewood, Regina - September 2026 Real Estate Report

Lakewood, Regina: Two Very Different Stories Under One Roof

If you live in Lakewood and you haven't checked your HonestDoor Price lately, you're probably working off numbers that don't reflect what's actually happening on your street right now. Here's the real breakdown - and it depends a lot on what type of property you own.

The Vibe: Houses vs. Condos - Not the Same Market

We're seeing a split in Lakewood right now, and it matters for how you think about your property.

Houses are taking a breather. The average HonestDoor Price for a house sits at $445,394, down 0.47% from the previous period. The predicted market value is $447,879, but that number is sliding - it's down from a 3-month moving average of $454,832, a drop of about 2.13%. On the neighbourhood leaderboard, Lakewood houses rank 77 out of 108 Regina neighbourhoods for growth. That puts us in below-average territory right now. Not a crisis, but not a seller's dream either.

• Average HonestDoor Price (Houses): $445,394
• Predicted Market Value: $447,879
• 3-Month Moving Average: $454,832
• Recent Value Change: -2.13%
• Growth Rank: 77 out of 108 Regina neighbourhoods
• Estimated Rent: $2,276 per month
• Rental Yield: 5.72%

Condos are a different story entirely. The average HonestDoor Price for a condo in Lakewood is $238,864 - up 7.27% from the previous period. The predicted market value of $222,678 is climbing above the 3-month moving average of $219,977, with a recent value change of +5.56%. On the leaderboard, Lakewood condos rank 39 out of 88 Regina neighbourhoods. That puts us in above-average growth territory. If you own a condo here, this is worth paying attention to.

• Average HonestDoor Price (Condos): $238,864
• Predicted Market Value: $222,678
• 3-Month Moving Average: $219,977
• Recent Value Change: +5.56%
• Growth Rank: 39 out of 88 Regina neighbourhoods
• Estimated Rent: $1,216 per month
• Rental Yield: 4.31%

The Secret Sauce: Your Tax Assessment Is Already Stale

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know that condo values in Lakewood just moved up 7.27%. It doesn't know that house prices are softening right now. It's basically a photo from last year telling you what you look like today.

The HonestDoor Price is updated in real time using actual market activity. For house owners, that means knowing your value has dipped slightly before you make any big financial decisions. For condo owners, it means knowing you may have more equity than your last assessment suggests. Either way, you deserve the current number - not the government's best guess from months ago.

Compared to nearby neighbourhoods, Lakewood houses are priced well below Skyview ($799,294) and Maple Ridge ($588,924), and above Rochdale Park ($349,755). For condos, we sit between Skyview ($316,459) on the high end and Rochdale Park ($232,245) and McCarthy Park ($202,052) on the lower end. Knowing exactly where you land on that scale right now is the whole point.

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

If you own a house, the honest answer is: the window may be tightening. Values are down from their 3-month peak, and the growth rank of 77 out of 108 tells us momentum isn't on your side right now. That doesn't mean don't sell - it means price it right from day one. Overpricing a softening market is how homes sit for 60 days and go stale.

If you own a condo, the picture looks better. Values are trending up, the growth rank puts Lakewood condos in the top half of Regina, and a rental yield of 4.31% gives investors a real reason to look here. You have some leverage this summer.

For both - check your HonestDoor Price before you call an agent, before you refinance, and before you assume your city assessment has the answer. In a market moving this fast in opposite directions depending on property type, the most expensive thing you can do is work off old numbers.

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.