Washington Park, Regina - July 2026 Real Estate Report

Washington Park, Regina: Let's Be Honest About Where Prices Are Right Now

If you own a home in Washington Park and you haven't checked your actual market value lately, this is your nudge. The city's assessment is already old news. Here's what the numbers are really saying right now.

The Vibe: Houses vs. Condos in Washington Park

We're in a market that's taking a breather. Both property types are seeing values ease off, and it's worth knowing exactly where you stand before you make any moves.

Houses: The average HonestDoor Price for a house in Washington Park sits at $125,038 - down 2.23% from the previous period. The predicted market value is $133,083, and that number is trending slightly below the 3-month moving average of $133,934. So the direction is soft, not a freefall, but it's not climbing either. On the neighbourhood leaderboard, Washington Park houses rank 97 out of 111 in Regina for growth. That puts us near the bottom of the pack right now.

• Average HonestDoor Price: $125,038
• Predicted Market Value: $133,083
• 3-Month Moving Average: $133,934
• Recent Value Change: -0.38%
• Estimated Rent: $673/month (predicted: $688/month)
• Rental Yield: 6.12% - that's a strong return for investors
• Airbnb Estimate: $33/night
• Growth Rank: 97 out of 111 in Regina

That 6.12% rental yield is the bright spot here. If you're a landlord or thinking about becoming one, Washington Park houses are punching above their weight on that front compared to pricier neighbourhoods nearby.

Condos: The condo picture is a bit more turbulent. The average HonestDoor Price is $145,113, down 3.74%. The predicted market value is $150,748, but that's well below the 3-month moving average of $156,490. The recent value change of -18.35% is a number that deserves attention - that's a significant short-term shift. On the leaderboard, Washington Park condos rank 65 out of 90 in Regina, placing us below average for the city.

• Average HonestDoor Price: $145,113
• Predicted Market Value: $150,748
• 3-Month Moving Average: $156,490
• Recent Value Change: -18.35%
• Estimated Rent: $798/month (predicted: $830/month)
• Rental Yield: 4.35% - moderate, but still workable
• Airbnb Estimate: $40/night
• Growth Rank: 65 out of 90 in Regina

For context, a condo in nearby Parkdale is averaging $276,850. That gap tells you something about where Washington Park condos sit in the Regina market right now - they're an entry point, not a premium play.

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

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened to condo values in the last quarter. It doesn't track the 3-month moving average. It's basically a photo from last year being used to describe what you look like today.

The HonestDoor Price is updated in real time. It's pulling in current market signals, not waiting for the city's next assessment cycle. For Washington Park right now, that difference matters. If your tax assessment says one thing and the HonestDoor Price says another, the HonestDoor number is the one that reflects what a buyer would actually offer you today. That's the number to know before you list, before you refinance, and before you decide whether to hold or sell.

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

Straight talk: Washington Park is not the hottest market in Regina right now. The growth rankings confirm that. But "not the hottest" doesn't mean "don't sell." It means go in with clear eyes.

For house sellers, the rental yield story actually works in your favour when marketing to investors. A 6.12% yield is a real selling point - lead with it. Price sharp from the start. Buyers in this range are doing their homework, and an overpriced listing will just sit.

For condo sellers, the -18.35% recent value shift is the number to watch. If you're thinking about selling this summer, waiting to see if that stabilizes is a reasonable conversation to have. But if you need to move, price it against what the HonestDoor Price is telling you today - not what you paid, not what your neighbour got two years ago.

Bottom line: Washington Park offers real affordability compared to Coronation Park ($246,375 average for houses) and Premier Place ($188,427). That's your pitch to buyers who've been priced out of those neighbourhoods. Use it.

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.