Wascana Addition, Regina - August 2026 Real Estate Report

Wascana Addition, Regina: Your Neighbour Just Got a Reality Check on Their Home Value

If you own a home in Wascana Addition and you're still relying on your city tax assessment to know what your place is worth, you're working with old news. Here's what the numbers actually look like right now.

The Vibe: What's Happening With Houses and Condos

We're seeing two very different stories play out on our streets right now, and it matters which type of property you own.

Houses

The average HonestDoor Price for a house in Wascana Addition sits at $670,354. That's down 4.53% from the previous period - so yes, the house market is taking a breather. But here's the flip side: the predicted market value for houses is $702,167, which is actually climbing above the 3-month moving average of $676,881. That gap tells us the short-term dip may already be correcting itself.

• Average HonestDoor Price: $670,354
• Predicted Market Value: $702,167
• 3-Month Moving Average: $676,881
• Recent Value Change: up 4.05%
• Estimated Monthly Rent: $3,134 - $3,243
• Rental Yield: 5.23% - that's a strong return
• Neighbourhood Growth Rank: 8 out of 111 in Regina

That growth rank is the number we want to talk about. Out of 111 comparable neighbourhoods across Regina, Wascana Addition houses land in the top 10 on the leaderboard. That's not a fluke - that's a neighbourhood holding real value. For context, our predicted house value of $702,167 edges out nearby Douglas Park at $686,311.

Condos

The condo picture is a bit more mixed, and we should be honest about that. The average HonestDoor Price is $448,892 - up a modest 0.95% - but the predicted market value of $444,651 is actually sliding below the 3-month moving average of $457,290. Recent value change sits at -1.20%. The condo market here is softer right now.

• Average HonestDoor Price: $448,892
• Predicted Market Value: $444,651
• 3-Month Moving Average: $457,290
• Recent Value Change: -1.20%
• Estimated Monthly Rent: $2,292 - $2,311
• Rental Yield: 3.94% - moderate, but still positive
• Neighbourhood Growth Rank: 27 out of 88 in Regina

Rank 27 out of 88 still puts our condos in the above-average tier across Regina. It's not the top of the leaderboard, but it's not the basement either. And if you're thinking rental income, a $2,300 monthly rent on a condo is nothing to ignore. On the Airbnb side, Wascana Addition condos hold the number 1 Airbnb rank in Regina - that's a real edge for short-term rental owners.

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

Here's the thing about city assessments - they're a snapshot from the past. They don't update in real time, and they don't know what happened on your street last month. The HonestDoor Price is a live, data-driven estimate that moves with the market. Right now, with house values shifting 4.05% and condo values moving -1.20%, a months-old assessment could be off by tens of thousands of dollars in either direction.

If you're a homeowner in Wascana Addition, checking your HonestDoor Price today gives you the real-world number - not the government's best guess from a year ago. That's the difference between pricing your home right and leaving money on the table, or worse, scaring buyers off with a number that doesn't match the market.

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

For house sellers, the timing conversation is genuinely interesting. Yes, the average HonestDoor Price dipped 4.53%, but the predicted value is trending back up and your neighbourhood sits in the top 10 out of 111 in Regina for growth. Buyers looking at Wascana Addition houses are looking at a strong neighbourhood. That's your pitch.

For condo sellers, be clear-eyed. Values have softened slightly and the predicted price is below the recent moving average. That doesn't mean don't sell - it means price it sharp and lean into the rental story. A 3.94% yield and the number 1 Airbnb rank in Regina are real selling points for an investor buyer.

Bottom line - whether you're selling a house or a condo this summer, know your actual number before you call an agent. Your HonestDoor Price is the starting point for that conversation, not your last tax notice.

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.