If you live in Sherwood Estates and your last gut-check on your home's value was the city's tax assessment notice, it's time for a reality check. The market has moved. Here's what's actually going on in our neighbourhood.
We're seeing a split market in Sherwood Estates right now, and it matters depending on what you own.
Houses are holding steady. The average HonestDoor Price sits at $326,856, down a modest 0.92% from last period - that's a small dip, not a freefall. Think of it as the market taking a breather. The predicted market value is $330,568, and that number is actually climbing above the 3-month moving average of $327,792, which is a quiet signal that house values are stabilizing. One house sold recently at an average of $370,000, with a price per square foot around $339. On the rental side, houses here are pulling in an estimated $1,753 per month with a rental yield of 5.94% - that's a strong return by any measure. On the neighbourhood leaderboard, our house growth ranks 55 out of 111 neighbourhoods in Regina. That puts us in above-average territory. Not the top of the class, but solidly in the better half.
Condos are a different conversation. The average HonestDoor Price jumped 6.43% to $140,044 - that sounds great on the surface. But the predicted market value is $131,589, which is actually sitting below the 3-month moving average of $138,952. Property values have shifted -6.63% recently, and the growth rank is 68 out of 88 condo neighbourhoods in Regina - that's below average. If you own a condo here, the short-term trend is worth watching closely. Rental estimates come in at $724 per month with a yield of 4.36% - moderate, but not as compelling as the house numbers.
Here's the thing about your city tax assessment - it's a snapshot from months ago, sometimes longer. It doesn't know what happened on your street last week. The HonestDoor Price is updated in real time, pulling in current sales data and market signals to give you a live number, not a stale one.
For house owners in Sherwood Estates, that matters right now. Your predicted value of $330,568 is already moving above the recent 3-month average. A government assessment won't catch that upward nudge. For condo owners, it matters even more - because the HonestDoor Price is showing a gap between the headline number and the predicted value. That's the kind of detail that helps you make a smarter decision, whether you're selling, refinancing, or just keeping score.
Compared to nearby neighbourhoods, houses here are priced below McCarthy Park ($361,106), Rochdale Park ($346,282), and well below Lakewood ($447,479). That gap tells a story - Sherwood Estates offers relative value on the Regina map, which is worth knowing if you're thinking about what buyers are comparing us against.
If you own a house in Sherwood Estates and you're thinking about listing this summer, the timing isn't bad. Values are stable, the predicted price is ticking upward, and a 5.94% rental yield means buyers who are even slightly investor-minded will pay attention. You're not in a hot frenzy market, but you're not in a soft one either. Priced right, a house here moves.
If you own a condo, be honest with yourself about the numbers. The recent value shift of -6.63% and a below-average growth rank mean you want to price sharp and not chase last quarter's optimism. Get your HonestDoor Price, compare it to what's actually sold nearby, and work from there - not from a number that made you feel good six months ago.
Bottom line - Sherwood Estates is a steady, middle-of-the-pack neighbourhood in a city where buyers are still active. Know your real number, price with confidence, and don't let an outdated assessment be the thing that costs you money at the table.
sherwood estates | regina | august 2026This 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.