Key Takeaways:

• Saskatchewan’s November sales nearly set a new record, with demand consistently outpacing supply.

• Inventory remains exceptionally tight, hovering at levels not seen in over a decade.

• Regina’s real estate market continues to thrive, with stronger-than-expected sales and steady price growth.

Regina Market Update

In November, Regina recorded a notable surge in home sales, surpassing seasonal norms and even edging past historical trends. Total sales in the city reached 273 units, a 14% uptick from the previous year and over 28% above the ten-year average, indicating that buyers remained active despite typical year-end slowdowns. Year-to-date figures climbed to 3,720, marking the highest number of sales on record through November.

However, while more properties changed hands, inventory tightened further. New listings edged up slightly but were still no match for robust buyer activity. As a result, available housing stock dropped by roughly one-third from the previous year, resting nearly 50% below the decade-long norm. With fewer homes to meet persistent demand, Regina’s market conditions are becoming increasingly competitive.

Regina’s benchmark price settled at $313,700 in November, easing off October’s figure—an expected seasonal shift—yet still standing almost 4% higher than the same time last year. This moderate price growth signals that even as the year wraps up, the city’s property market maintains a steady upward trajectory.

Saskatchewan’s Housing Market Conditions Tighten

Across the province, Saskatchewan’s housing demand continued to show remarkable resilience. Nearly 1,179 homes sold in November, just shy of setting a new record for the month and reflecting an 18% rise over last year. This momentum, sustained for 17 consecutive months of above-average sales, underscores a deeply rooted buyer interest in Saskatchewan’s real estate.

This ongoing demand, combined with fewer new listings, drove inventory down to levels not witnessed since 2007. With only 3.6 months of supply available, the market remained firmly in the seller’s corner. Tight conditions persistently nudged prices upward, and most regions are reporting year-over-year increases.

Although the provincial benchmark price dipped slightly from the previous month—a typical seasonal pattern—it remains over 5% higher than November of the previous year. This long-term upward trend suggests that Saskatchewan’s housing market is poised to remain strong, reinforcing the province’s reputation as a solid place to own property as 2024 nears its end.

If you haven’t inspected your attic lately, this is the perfect time to roll up your sleeves and get started. Issues can accumulate quietly overhead, so staying proactive helps prevent costly surprises down the line. Below is a comprehensive checklist to guide your attic inspection.

Attic Inspection Checklist

Structural Components (Trusses, Rafters, and Joists)

• Are metal brackets or plates at wood joints tight and secure?

• Do any wooden support members appear cracked, splintered, or broken?

• Is there any discoloration, rot, or moisture damage on support beams?

• Are rafters in proper alignment, without sagging or bowing?

• Is a proper ridge board in place and well supported?

• Do previous repairs look sturdy and professionally done?

Ventilation

• Are soffit vents free from blockages, dust, or insulation buildup?

• Is there an adequate number of soffit vents based on attic size?

• Do ridge or roof vents allow sufficient airflow to regulate temperature and moisture?

• If gable vents exist, are screens intact and preventing pest entry?

Moisture and Mold

• Are there visible damp areas, water stains, or dark spots on wood or insulation?

• Does the attic smell musty or stale, indicating potential mold or mildew growth?

• Can the source of any moisture be traced to roof leaks or inadequate ventilation?

Fire Damage and Safety

• Is there any sign of charred wood or lingering soot marks from past fires?

• Are firewalls (where required) present and in good condition to reduce fire spread?

Firewall and Code Compliance

• Are firewalls intact and extending as per local building codes?

• Is roof sheathing adjacent to the firewall fire-resistant as required?

• Is there at least a few feet of clearance between the firewall and any ridge vents?

• Is there adequate spacing between sewer vent stacks and intake vents?

Roof Deck and Gable Ends

• Can you see any daylight through the roof deck, signaling holes or gaps?

• Are there open gaps in the gable ends or missing panels that might invite pests or water?

Pipe/Flue Penetrations

• Do areas around chimneys, pipes, or flue boots show signs of leaking or staining?

• Is flashing in good condition, free from rust or detachment?

Insulation

• What type of insulation is present, and is it appropriate for your climate?

• Does the insulation meet the recommended thickness or R-value levels?

• Are there signs of water damage, compression, or bare spots in the insulation layer?

• Is insulation present in all critical locations, including corners and low-clearance areas?

Wildlife Intrusion

• Do you see animal droppings, shredded materials, or nest-like formations?

• Are there chew marks on wood or wiring that suggest rodent activity?

• Is there an obvious entry point for bats, squirrels, or other creatures?

Additional Insight and Guidance

Why Regular Attic Inspections Are Worth Your Time:
Your attic is more than just a storage space; it’s an essential buffer that safeguards your home’s structural integrity, energy efficiency, and indoor air quality. Studies by the U.S. Department of Energy indicate that a properly insulated and ventilated attic can cut heating and cooling costs significantly. Proper attic care also slows down structural wear-and-tear and reduces the likelihood of expensive emergencies.

Preparation and Safety Measures:
Before starting, put on gloves, a dust mask, and protective eyewear. Bring a flashlight and consider taking notes or snapping photos for reference. If you’re uncomfortable doing it yourself, enlisting a professional for a residential roof inspection or a more extensive attic assessment can be a wise investment.

Addressing Common Problems:

• Moisture and Ventilation Issues: Clear blocked vents, seal roof leaks promptly, and consider adding ventilation upgrades if humidity is high.

• Insulation Improvements: Top up or replace old, damp, or compressed insulation to enhance comfort and reduce energy bills.

• Critter Control: If you find signs of wildlife entry, consult a wildlife removal expert and seal any gaps or openings they point out.

Counterarguments and Alternatives:
Some homeowners believe that if there’s no visible damage, there’s no need to inspect. While it’s true that well-constructed attics might remain trouble-free for years, hidden issues often appear long before you see visible roof leaks or feel drafts in your home. The small effort invested in a seasonal inspection can pay off enormously in peace of mind and saved repair costs.

Looking Forward:
As homes become smarter and more energy-efficient, attics are increasingly central to a property’s long-term value and environmental impact. Upgraded insulation materials, innovative ventilation systems, and sustainable construction methods mean that taking care of your attic now will help you enjoy a more comfortable, eco-friendly home for years to come.

From Checklist to Action:
Using this attic inspection checklist as a roadmap, you can identify and address issues before they escalate. With just a bit of effort, you’ll be protecting your family’s health, improving energy efficiency, and safeguarding the longevity of your home’s most vital structures. In other words, you’ll be taking a proactive step that your future self will undoubtedly thank you for.

If you’re not sure where to start or need professional help, don’t hesitate to reach out for guidance. Contact JennicaGeorge, RE/MAX Realtor at 306-501-5644 for recommendations on trusted inspectors or maintenance professionals who can review the condition of your attic thoroughly.