What Homes Cost Right Now
Condos are the main option in Riverbend, and they typically range from about $150,000 to $250,000. That's noticeably lower than Regina's citywide condo median of $227,000, though prices here can reach that benchmark depending on size and condition. You'll also find some townhomes in the neighbourhood, usually priced between $200,000 and $300,000. These give you a bit more space and sometimes a small yard, but they don't come up for sale very often.
With only two listings available right now, you don't have much room to be picky. Both are condos, and if neither one fits what you need, you're waiting until something else hits the market. That's been the pattern here for a while. Inventory stays tight because turnover is low. When something does come up, it tends to move quickly, especially if it's priced fairly and doesn't need major work.
If you're comparing Riverbend to other East Regina neighbourhoods, you'll see similar price ranges in places like Spruce Meadows and parts of Gardiner Heights, though those areas have more variety in housing types. Riverbend's condo focus keeps things affordable, which is part of why it's popular with first-time buyers, downsizers, and investors.
How Prices Have Changed
Riverbend hasn't seen the same price jumps as some of Regina's single-family neighbourhoods, but that doesn't mean values haven't moved. Across Regina, the average home price is up about 6% from 2024, sitting at $346,000 now. The benchmark price is $335,100, up 4.4% year-over-year. Condos citywide have seen more modest gains, but they've still appreciated.
In Riverbend specifically, prices have stayed relatively stable because the housing stock doesn't change much. You're not seeing new developments or major renovations that push values up quickly. What you are seeing is steady demand from buyers who want affordable options in East Regina. That demand keeps prices from dropping, but the condo market in general doesn't spike the way detached homes do.
Looking ahead, forecasts suggest about 2% price growth across Regina in 2026. For Riverbend, that probably means you won't see dramatic increases, but you also won't see values slide. If you're buying here as an investment, the rental income potential is strong. You're close to commercial and retail along Victoria Avenue East, which means renters who work in the area or want easy access to shopping and services. If you're buying to live here, you're getting into a neighbourhood where your home value should hold steady without requiring a huge upfront investment.
The other thing to remember is that Riverbend isn't competing with luxury markets. You're not trying to keep up with Wascana View or University Park prices. You're in a practical, middle-income neighbourhood where affordability is part of the appeal.
How Fast Homes Sell Here
With only two active listings in the whole neighbourhood, you can guess that homes don't sit around for long when they're priced right. Citywide, Regina's average days on market is between 29 and 32 days, but in Riverbend, condos that are move-in ready and priced fairly can go even faster. When inventory is this tight, buyers don't have the luxury of waiting around to see what else comes up.
That said, if a listing is overpriced or needs significant repairs, it can linger. Buyers in this price range are often working with tight budgets, and they can't take on big renovation projects or pay more than market value just to get into the neighbourhood. If you're selling here, pricing accurately from the start is the best way to avoid sitting on the market.
For buyers, the low inventory means you need to be ready to move when something comes up. If you're trying to find the right home in Riverbend, it helps to have your financing sorted and your must-haves clearly defined. You won't have time to think it over for weeks when there are only two listings to choose from.
What You Get at Different Price Points
At the lower end of Riverbend's range — around $150,000 to $180,000 — you're looking at smaller condos, often one or two bedrooms. These are usually in older buildings, maybe from the mid-1990s, and they might need some updating. Kitchens and bathrooms from that era don't always hold up, so you'll want to budget for cosmetic work if you're planning to make it your own. These units work well for first-time buyers who want to get into the market without taking on a huge mortgage, or for investors who can rent them out and cover the mortgage with rental income.
In the $180,000 to $220,000 range, you'll find larger two-bedroom condos or smaller three-bedroom units. These tend to be in better condition, sometimes with updated flooring, appliances, or paint. You might also see some townhomes at the higher end of this range, which give you more space and sometimes a small outdoor area. These are popular with young families who want more room but aren't ready to jump into a detached home.
At the top of the range — $220,000 to $250,000 — you're getting newer condos or well-maintained townhomes with modern finishes. These might have in-suite laundry, updated kitchens with stainless appliances, and better insulation and windows that keep your utility bills down. If you're downsizing from a larger home, this is often the sweet spot where you get comfort and convenience without paying for more space than you need.
Is It a Buyer's or Seller's Market?
Riverbend is very much a seller's market right now. With only two active listings and steady demand, sellers have the advantage. Citywide, Regina has 2.88 months of supply, which is well below the six months that would indicate a balanced market. In Riverbend, the supply is even tighter.
If you're selling, that means you can expect offers quickly if you price your home correctly. You might even see multiple offers if your unit is in good shape and priced competitively. But don't let the low inventory make you think you can overprice. Buyers in this range are budget-conscious, and they'll walk away if the numbers don't make sense.
If you're buying, you're working in a competitive environment. You don't have a lot of options, and you can't afford to wait too long if something fits your needs. That doesn't mean you should panic and offer over asking on the first place you see, but it does mean you need to be decisive and realistic about what's available.
What to Know Before You Buy or Sell Here
If you're buying in Riverbend, make sure you understand condo fees and what they cover. Some buildings include utilities, maintenance, and snow removal, while others don't. That monthly fee can make a big difference in your overall housing costs, so factor it in when you're comparing listings.
If you're selling, focus on making your unit show well without overspending on renovations. Fresh paint, clean floors, and good photos go a long way in this market. Price it right, and you'll likely have offers within a few weeks.
Finding Your Place in Riverbend
Riverbend isn't a flashy neighbourhood, and that's part of its appeal. You're getting affordable housing in a safe, practical area with good access to amenities. Whether you're buying your first home, downsizing, or looking for rental income, the numbers here make sense. If you want to see what's currently available or talk through whether buying in East Regina fits your goals, I'm happy to walk you through it. I've worked with buyers and sellers in this neighbourhood before, and I can help you figure out if Riverbend is the right move for you.
