There was a time in Regina, not that long ago, when your real estate options were simply house or condo? Now with a growing Saskatchewan economy and expanding population base, as well as the higher costs of housing we are seeing more diversity in residential projects being developed to meet the needs of affordable housing in Regina.
We are hearing terms like laneway suites and full regulation suites which not only provide affordable rental housing options but also help new home buyers offset the costs of their mortgage. There was an interesting article on the pilot projects for laneway suites in Regina’s Leader Post last week:
http://www.leaderpost.com/business/City+greenlights+laneway+suite+pilot+project/9674709/story.html
We are hearing about new concepts in urban design with pedestrian friendly streets, which translated means that instead of larger lots with attached garages, single family and semi-detached homes are being built on smaller lots, maximizing space, with the detached garages at the rear or the option to add one as budget allows. Either way it provides a more affordable option in a new home purchase. The Greens on Gardiner (SW) was the leader in this type of residential concept in Regina but now those options are available in Hawkstone(NW) and Harbour Landing(SE) as well and are being provided by a number of builders. We are now seeing many interesting options in entry level properties, in homes, semi-detached homes, townhouses and apartment condos, so it’s a great time to get into the market of property ownership in Regina!
With so many choices available it can be a bit overwhelming so you need to start with your budget and requirements and then narrow down the possibilities. We have lots of experience and knowledge about the new projects and their building partners so we can help you find you the right match for your needs!
Not sure how to navigate all of your options? We’re here to help! If you are looking to make a move give us a call and check us out at www.w2realtyteam.com
Happy Home Shopping!
Karin & Jen