Weekly FAQ's

1. What are the common closing costs in a real estate transaction?

Closing costs include land title transfer fees, lawyer fees, inspections, moving costs, real estate fees and property tax adjustments. Land title transfers in Saskatchewan are calculated at "$0.004 x the purchase price", and lawyer fees typically range from $1,000 to $1,500, depending on the purchase price of your home.

2. How long does it take to sell a house in Regina?

This varies by season, market and neighbourhood. In 2024, the average ranged from 35 days in June to 71 days in January. Historically homes sell quicker in the warmer months.

3. Should I sell my house before buying a new one?

This depends on your situation. Start by assessing your financial clarity. Can you manage two mortgages temporarily if necessary? Consider how specific your search is—if you're looking for a unique property, timing will be critical. Finally, think about negotiation power, fewer conditions on your offer will make it stronger.

4. What is the minimum down payment required in Saskatchewan?

The minimum down payment for a primary residence in Saskatchewan is 5% of the purchase price. You should also budget an additional 1.5% minimum for closing costs on your purchase.

5. When is the best time to sell a house in Regina?

The best time to sell is when you're ready. Spring is peak season but more listings means more competition. If you’re trying to time the market, often listing just before the spring rush may give you an edge.

6. How will you market my home?

Each marketing strategy is customized to our clients needs. We maximize exposure with a blend of traditional, digital, and social channels through Google, social media, email campaigns, open houses and the MLS to name a few.

7. How do I determine the right list price for my home?

The list price should reflect your goals and market conditions. Consider how quickly you want to move, recent sale prices of similar homes, current supply and demand, and seasonal market trends.