North Annex, Regina - August 2026 Real Estate Report

North Annex, Regina: Your Neighbour Just Asked If Now Is a Good Time to Sell

Here is the honest answer. The market in North Annex is not on fire right now - but it is not falling apart either. It is a neighbourhood where houses are genuinely affordable and condos are doing something surprising. Let us break it down.

The Vibe: Houses vs. Condos in North Annex

If you own a house in North Annex, here is where we stand. The average HonestDoor Price sits at $244,562, down a modest 1.81% from the previous period. The predicted market value for houses is $249,276, which is actually ticking upward against the 3-month moving average of $247,123. So the short-term direction is slightly positive, even if the bigger picture shows a small dip.

• Average sale price (houses): $250,000
• Price per square foot: $261
• Predicted market value: $249,276
• 3-month moving average: $247,123
• Estimated monthly rent: $1,327
• Rental yield: 6.04% - that is a strong return for landlords
• Neighbourhood growth rank: 56 out of 111 in Regina
• Price rank: 15 out of 16 - one of the most affordable spots in the city

That 6.04% rental yield is the number worth circling. For anyone thinking about holding rather than selling, North Annex houses are pulling real income. One property sold last month, so we are not talking about a busy market - but the fundamentals for buy-and-hold are solid.

Now, condos are a different story entirely. The average HonestDoor Price for condos jumped 10.15% to $440,367. That is a meaningful move. The predicted value has pulled back to $399,773 and is sitting below the 3-month average of $408,242, so there is some cooling happening after that spike. The recent property value change of -6.70% confirms the condo segment is taking a breather after a strong run.

• Average HonestDoor Price (condos): $440,367 - up 10.15%
• Predicted market value: $399,773
• 3-month moving average: $408,242
• Estimated monthly rent: $2,081
• Rental yield: 4.02% - moderate but respectable
• Airbnb rank in Regina: 3rd - near the top of the city for short-term rental potential
• Condo growth rank: 69 out of 88 in Regina

That Airbnb rank of 3rd in all of Regina is genuinely interesting for condo owners. At an estimated $113 per night, a North Annex condo has real short-term rental appeal even if the long-term growth rank is below average.

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

Here is the thing about city assessments - they are a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. For North Annex condo owners especially, that 10.15% jump in HonestDoor Price means your city assessment could be significantly behind what your property is actually worth today. If you are making any financial decision - refinancing, selling, or just figuring out your net worth - the HonestDoor Price is the number to use, not the one the city calculated months ago.

For house owners, the HonestDoor Price of $244,562 versus a predicted value of $249,276 tells you the market sees slight upside from where assessments might peg you. That gap matters when you are negotiating.

The "So What?" - Thinking About Selling This Summer?

If you own a house in North Annex and are thinking about listing this summer, here is the straight talk. You are in one of Regina's most affordable neighbourhoods - 15th out of 16 on the price leaderboard. That is actually a selling point for buyers who have been priced out elsewhere. Churchill Downs nearby is averaging $403,928. Churchill Place is at $294,464. North Annex at $244,562 looks like a deal by comparison, and that story sells.

The growth rank of 56 out of 111 puts us in the bottom half of Regina neighbourhoods for appreciation speed. That means this is not a "list it and watch a bidding war" market. Price it right from day one. Overpricing a house here will cost you time, and time is the enemy of a summer sale.

For condo owners, the timing question is trickier. That 10.15% HonestDoor Price increase is encouraging, but the predicted value dropping to $399,773 and the recent -6.70% change suggest the peak of that run may have already passed. If you were thinking about selling, the window when the numbers were most flattering may be narrowing. Get your HonestDoor Price pulled now and compare it to what you paid - then decide.

Bottom line: North Annex is a neighbourhood where affordability is the headline for houses and short-term rental potential is the hidden story for condos. Know your real number before you make any move.

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.