If you've been glancing at your city assessment and assuming that's the full picture, it's time for a reality check. The market in Spruce Meadows has been moving - and not always in the direction that old paperwork suggests. Here's the straight story.
We're seeing two pretty different stories play out in our neighbourhood depending on what you own.
Houses are holding solid ground at an average HonestDoor Price of $527,004, though they're taking a small breather - down just 0.08% from the previous period. The predicted market value sits at $532,357, which is actually running below the 3-month moving average of $541,714. That tells us prices have softened slightly in the short term. On the neighbourhood leaderboard, our houses rank 84 out of 109 comparable Regina neighbourhoods for growth. That's below average, and it's worth knowing. We're not in freefall, but we're not leading the pack either.
The rental story for houses is genuinely strong. At $2,636 per month estimated rent and a 5.58% rental yield, that's a number landlords in other parts of the city would envy. If you own a house here and rent it out, you're doing well.
Condos are a different conversation. The average HonestDoor Price is $296,006 - down 7.15% from the previous period, which is a number that deserves attention. However, the predicted market value of $318,791 is actually climbing above the 3-month moving average of $297,668, and the recent growth rate sits at a positive 9.01%. That's a mixed signal. The current assessed-style price is down, but the forward-looking prediction is up. Condos rank 61 out of 90 comparable Regina neighbourhoods - below average, but closer to the middle than houses are.
For condo owners thinking about renting, the yield is moderate at 4.16%, with estimated rent at $1,583 per month. It's not a home run, but it's steady income.
Here's the thing about city assessments - they're a snapshot 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, pulling from actual market activity happening right now in Spruce Meadows and across Regina.
For houses, that gap between the static assessment and the live HonestDoor Price of $527,004 could mean tens of thousands of dollars of difference in how you price a listing, negotiate a sale, or even refinance. For condo owners, the spread between the current HonestDoor Price of $296,006 and the predicted value of $318,791 is a $22,000 difference - that's not a rounding error, that's real money on the table.
Checking your HonestDoor Price right now gives you the real-world number - not the government's best guess from last year.
If you own a house in Spruce Meadows and you're eyeing a summer sale, the honest answer is this: the market is softer than it was three months ago. A -3.10% recent price change and a growth rank of 84 out of 109 means you're not in a neighbourhood where you can just throw up a sign and wait for bidding wars. Pricing sharp and presenting well matters more right now.
That said, at $527,004 average, you're still sitting well above nearby River Bend ($447,233), Eastgate ($344,948), and Mayfair ($399,312). Buyers who want Spruce Meadows are paying a premium to be here. That's a real selling point.
For condo sellers, the picture is more interesting. The predicted value of $318,791 is running above the recent average, which could mean the market is starting to recognize value here. Nearby River Bend condos are predicted at $364,912, so there's a ceiling to be aware of - but there's also room to move if you price it right.
Bottom line - summer 2025 in Spruce Meadows is a market where the prepared seller wins. Know your real number, price it honestly, and you'll find a buyer. Check your HonestDoor Price first. Everything else follows from there.
spruce meadows | regina | june 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.