North Annex, Regina - July 2026 Real Estate Report

North Annex, Regina: Your Neighbour Just Got a Surprise - Here's What's Actually Going On

If you own a home in North Annex and you haven't checked your property value lately, now is the time to pay attention. The numbers tell two very different stories depending on what you own - and one of them is a serious head-turner.

The Vibe: Houses vs. Condos

Let's be straight with each other. The house market in North Annex is steady but quiet. The condo market is doing something much more interesting.

Houses - Slow and Steady

Our houses are holding their ground. The average HonestDoor Price sits at $248,904, up a modest 0.20% from last period. The predicted market value is $249,489 - and that number is climbing. It's up from a 3-month moving average of $243,453, which means the direction is right even if the pace is slow.

• Average sale price: $250,000
• Price per square foot: $261
• Predicted market value: $249,489
• Recent value change: 2.97%
• Growth rank: 30 out of 111 neighbourhoods in Regina - that puts us in above-average territory
• Affordability rank: 15 out of 16 - one of the most affordable options in the city
• Estimated rent: $1,327 to $1,328 per month
• Rental yield: 6.04% - that is a strong return

A 6.04% rental yield is not something to gloss over. For anyone thinking about holding their North Annex house as a rental, that number beats a lot of what we see across Regina. Compare that to Churchill Downs next door - yes, those homes are priced at $409,289 on average, but you're paying a serious premium to get in.

Condos - The Real Story Right Now

This is where things get genuinely interesting for us. Condo values in North Annex just ranked 3rd out of 90 neighbourhoods in Regina for growth. Third. That is not a typo.

• Average HonestDoor Price: $399,773
• Note: the HonestDoor Price dipped 6.70% from last period
• Predicted market value: $428,480
• 3-month moving average: $371,164 - the predicted value is well above this
• Recent value change: 8.07%
• Growth rank: 3 out of 90 neighbourhoods in Regina
• Estimated rent: $2,081 to $2,214 per month
• Rental yield: 3.97%
• Airbnb rank in Regina: 3rd - meaning short-term rental demand here is among the highest in the city

Yes, the HonestDoor Price pulled back 6.70% from the previous period. But the predicted value of $428,480 is running well ahead of the 3-month average. That gap tells us the market is recalibrating upward. Every nearby neighbourhood - Churchill Place, Highland Park, Cityview - is priced lower. North Annex condos are the premium product in this corner of Regina right now.

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

Here is the honest truth about city assessments. They are snapshots from the past. By the time that number lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time using actual sales data, current market signals, and neighbourhood-level trends - not a formula baked two years ago.

For North Annex condo owners specifically, this gap could be significant. If your city assessment is still anchored to older numbers, your HonestDoor Price at $399,773 - or a predicted value pushing $428,480 - is a much more honest picture of what a buyer would actually pay today. That is real money sitting in your walls that a static assessment might be underselling.

For house owners, the story is about the trend. Values are moving up from that 3-month average. Knowing your real-world number now means you are not caught off guard when it comes time to make a move.

So What Does This Mean If You're Thinking About Selling This Summer?

If you own a house in North Annex and you're thinking about listing this summer, here's the honest read. Demand is not explosive - one sale last month tells you this is a patient market. But affordability is your friend. At $250,000 average and $261 per square foot, you are priced to attract buyers who are being priced out of Churchill Downs and even Churchill Place. That is a real selling angle.

If you own a condo, the conversation is different. A top-3 growth ranking in Regina is a legitimate headline for your listing. Short-term rental demand ranks 3rd in the city. Buyers who are thinking about income potential will notice that. The market is not ice cold - it is recalibrating, and the predicted value suggests the floor is moving up.

Either way, do not walk into a listing conversation armed with a city assessment number. Pull your HonestDoor Price first. It is the real-world check that tells you where the market actually stands - not where it stood the last time a government office ran the numbers.

North Annex is affordable, it is growing above average, and its condos are quietly becoming one of Regina's better-kept investment stories. That is worth knowing before you decide your next 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.