So, you’re ready to buy some Regina real estate and become a homeowner! Congratulations on achieving this accomplishment. Becoming a homeowner is hard work and believe me when I say that the hard work doesn’t stop once you’ve found your perfect home. From yearly maintenance, property taxes, and unforeseen circumstances, homeowners need to become knowledgeable about the extra costs of owning Regina real estate.
Whether your home is in Texas, the Bahamas, or Regina, all homes require exterior maintenance. The type of maintenance it requires depends largely on the weather in your area. In Regina, we experience very cold weather which can, over time, cause damage to your home’s exterior. Remaining vigilant to keep the exterior in good shape and well maintained is important.
A few winter weather tips to keep in mind:
Whether you are purchasing a new home or an older one, gumbo soil is a factor in Regina real estate. Our soil conditions can cause sewer line issues, as well as causing garages to lean, basements to crack, foundations to settle etc.
When you become a homeowner, property taxes become a yearly bill to save and ensure timely payment on. Keeping in mind that Regina, in fact, does have high taxes per capita. In fact, 3 days ago it was announced that property taxes will increase 3.4 per cent in the next 2022 budget. Which works out on average to be an increase of $6 per month (for a home assessed at $315,000) This isn’t unusual for Regina, the City has seen numerous tax increases over the past few years in order to keep up with the growing economy and costs.
Regina is one of the best most affordable Central Canadian cities and it is a privilege to own a piece of Regina real estate. Ensuring you are well prepared when becoming a homeowner is a goal I strive to achieve when working with any buyer or client of mine.
If you want to discuss more about owning Regina real estate, give me a call at 306-552-7047 or fill out my online contact form!
The Regina Real Estate Group delivers structured real estate strategy for buyers and sellers across Regina and surrounding communities. First-time buyers, move-up homeowners, downsizers, and investors benefit from data-driven pricing, disciplined marketing, and strategic negotiation designed to protect equity and long-term value.
With more than 450 successful transactions and deep local market insight, we provide clear guidance, preparation, and measurable results in every market cycle.
Connect with the Regina Real Estate Group for a complimentary consultation at 1-306-552-7047 and take the next step with confidence.
