What to Know Before Buying a Home with a Basement Suite in Saskatoon

Adding a basement suite to your real estate purchase is a smart way to offset your mortgage, boost resale value, or house extended family. In Saskatoon, homes with secondary suites are in high demand—but not all suites are created equal. Whether you're buying your first home or adding to your investment portfolio, here's what you need to know.

Legal & Regulatory Considerations

Before anything else, confirm whether the basement suite is legal or non-conforming. The City of Saskatoon has specific zoning requirements (R2, R2A, RM, etc.) that determine whether a home can have a secondary suite. Always ask the seller or your REALTOR® for building permits, suite registration, and fire…

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Warman’s real estate market continued to heat up in April 2025, showing strong year-over-year gains in both home prices and sales despite tight inventory levels.

According to the Saskatchewan REALTORS® Association, Warman recorded 33 residential sales, marking a 32% increase from April 2024. This sales growth continues to outpace the 10-year average by over 115%, signaling sustained buyer interest in this growing community just north of Saskatoon.

The benchmark price for residential homes in Warman hit $487,500, up 7.9% year-over-year, further reflecting the competitive nature of the local market. Notably, new listings surged 115% year-over-year to 56, yet inventory remains constrained, with months of supply sitting at just 1.42, down significantly…

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Regina Real Estate Market Update: April 2025

April 2025 delivered another dynamic month for the Regina real estate market. While home sales experienced a year-over-year dip, prices continued their upward trend, reflecting tight inventory and sustained buyer demand.

Sales Activity

There were 365 residential sales in Regina this April, a 14% decrease compared to April 2024. Despite the drop, this figure still surpasses the 10-year average by more than 26%, confirming that Regina remains an active market.

Inventory & New Listings

Regina saw 494 new listings, down 4% from last year. With only 636 active listings by the end of April—and 179 already conditionally sold—available inventory is tight. Months of supply dropped to 1.74, a clear sign of a …

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Despite a 10% year-over-year decline in home sales, April 2025 marked Saskatchewan’s second-strongest April on record. With 1,470 sales reported, this is the 22nd consecutive month that activity has outpaced the 10-year average, showing the market's underlying strength. However, this drop isn’t about demand—it’s about availability.

New listings were down 7% compared to April 2024, and active inventory sat at 4,371—down 18% year-over-year and a staggering 47% below the 10-year average. These persistent shortages continue to shape Saskatchewan’s real estate landscape.

“We’re not seeing a decline in buyer interest,” explains SRA CEO Chris Guérette. “It’s an inventory issue, not a demand one.”

This tightening has pushed benchmark home prices to a new…

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Prince Albert Real Estate Market Update: April 2025 Shows Resilience Amid Fewer Listings

The April 2025 housing statistics for Prince Albert, Saskatchewan, reveal a continued trend of tight supply and climbing home values — a dynamic that’s shaping the real estate landscape in the region.

Market Highlights:

  • Sales: 36 homes sold in April, down 12% compared to April 2024.

  • New Listings: Just 39 properties hit the market, a notable 30% year-over-year drop.

  • Benchmark Price: The total residential benchmark price reached $265,600, marking an 8% increase from April 2024.

  • Inventory: Active listings stood at 125, down 11% from the previous year.

  • Months of Supply: 3.47 months, reflecting a continued seller’s market.

Despite…

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Saskatoon Real Estate Market Update – April 2025 Sets New Price Record Despite Inventory Challenges

April 2025 brought notable shifts in Saskatoon’s real estate market, with the city reporting 440 residential sales—a 16% decline year-over-year, yet still 11% above the 10-year average. This signals ongoing demand despite tightening supply.

New listings also dropped by 12%, continuing the trend of low inventory. Of the 681 units on the market at the end of April, 230 were conditionally sold, leaving only 451 actively available. That translates to just 1.55 months of supply, well below balanced market conditions.

Despite fewer listings and sales, prices continue to climb. The benchmark price hit $422,600, surpassing March’s previous record. That’s a …

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