What Does $500,000 Get You in Warman?

Warman is one of the fastest-growing communities around Saskatoon, and it's easy to see why: newer neighbourhoods, great schools and rec facilities, and an easy drive into the city. As of October 21, 2026, there are 68 houses, townhouses and condos for sale in Warman, with a median list price of about $544,000.

That means a $500,000 budget puts you just under the middle of the Warman market, and that opens up real choice. Right now, 24 homes in Warman are listed under $500,000, including brand-new builds, family-sized resale houses, every townhouse in town and every apartment condo. Here's what you can expect, broken down by property type.

See All Warman Homes For Sale Under $500,000 →

Houses: The Biggest Selection Under $500K

Houses make up most of what's available, with 17 houses listed in Warman under $500,000. What you get changes quite a bit as you move up in price.

Under $400,000: Starter Homes

Five houses are listed under $400,000. At the bottom, you'll find older homes of about 1,000 sq. ft. in Warman's established core for $325,000 to $340,000. Between $369,900 and $399,900, there are three 3-bedroom houses of about 1,200 to 1,300 sq. ft., with 2 to 3 bathrooms. These are great first homes for buyers who want a yard and their own front door.

$400,000 to $450,000: Family-Sized Homes and New Builds

This is where Warman gets really interesting. Four houses are listed in this range, including:

• A 3 bed | 3 bath house of about 1,414 sq. ft. listed at $409,900
• A 5 bed | 3 bath house of about 1,325 sq. ft. listed at $434,900
• Two brand-new 3 bed | 3 bath two-storey homes of about 1,495 sq. ft. listed at $439,900, with an attached double garage

$450,000 to $500,000: More Space and More Bathrooms

Eight houses are listed in the top part of this budget. Expect 3 to 4 bedrooms, 2 to 4 bathrooms and about 1,250 to 1,775 sq. ft. above ground. Several resale homes here have four bathrooms, which usually means a developed basement with extra living space. There are also more new-construction two-storeys, ranging from about 1,580 sq. ft. at $463,900 up to about 1,775 sq. ft. at $499,900.

A quick note on square footage: in our market, listed square footage only counts above-ground living space. Basements, garages and decks are never included. A 1,300 sq. ft. home with a finished basement can have far more usable space than the number suggests. (If any listing terms are confusing, our Real Estate Glossary explains them in plain English.)

Brand-New Homes Under $500K in Warman

One of the best things about Warman at this price is that you can still buy brand new. A cluster of new two-storey homes, including semi-detached models, is currently listed between $439,900 and $499,900. Features we're seeing include attached garages, quartz counters, walk-in pantries, upstairs laundry and a bonus room.

A few things to know before you buy new:

• Basements are often left unfinished, and items like fencing may not be included. Budget for those if they matter to you.
• Check how GST is handled. Many new-build prices include GST after the new housing rebate, and first-time buyers may qualify for an additional federal rebate. Ask how it's been applied to the price.
• Photos are often from a show home, so finishes and colours can differ in the home you actually buy.
• Have your own REALTOR® with you from the very first visit. It doesn't cost you anything extra as a buyer, and it means someone is watching out for you in the builder's contract.

Learn more on our new construction homes page.

Townhouses: Every Warman Townhouse Fits This Budget

On a $500,000 budget, every townhouse currently for sale in Warman is in your range. There are four listed, from $374,900 to $425,000:

• Three 3 bed | 3 bath townhouses of about 1,449 sq. ft., listed from $374,900 to $380,900
• One 3 bed | 3 bath townhouse of about 1,644 sq. ft. listed at $425,000

Townhouses are a great middle ground: three bedrooms and plenty of room for a family, with less exterior upkeep than a house. Just remember to factor in monthly condo fees, and review the condo documents before you commit. Browse every townhouse for sale in Saskatoon, Warman and Martensville.

Apartment-Style Condos: Lots of Room Left in Your Budget

Apartment condos in Warman sit well below $500,000. There are three listed right now:

• A 1 bed | 1 bath condo of about 626 sq. ft. listed at $150,000
• A 2 bed | 2 bath condo of about 1,044 sq. ft. listed at $289,500
• A 2 bed | 2 bath condo of about 1,161 sq. ft. listed at $299,000

If you're approved for $500,000 but want a lower mortgage payment, more savings, or a lock-and-leave lifestyle, a condo can be a smart move. That's especially true for downsizers. Before you buy, read our posts on what's in Schedule C condo documents and home inspection red flags for apartment condos, or browse all condos for sale in Saskatoon, Warman and Martensville.

Quick Snapshot: Warman Under $500,000

• Houses: 17 listed, $325,000 to $499,900, including new-construction two-storeys from $439,900
• Townhouses: 4 listed, $374,900 to $425,000, all 3 bed | 3 bath
• Apartment condos: 3 listed, $150,000 to $299,000, 1 to 2 bedrooms

Listing numbers are a snapshot as of October 21, 2026 and change daily. Use the button above for the live list.

Tips for Buying in Warman Under $500K

• Get pre-approved first. Knowing your exact number tells you whether to focus on new builds, resale houses or townhouses. Run the numbers with our mortgage calculator, then see our Buyer's Guide for the full step-by-step.
• Decide between new and resale. New homes offer warranties and modern layouts. Resale homes often come with finished basements, fences, landscaping and mature trees already in place.
• Score every home you see. Our free home viewing checklist helps you compare houses side by side.
• Not sure what style fits you? Take our Find Your Home Match Quiz.
• Get to know the town. Our Warman community guide covers schools, parks, recreation and commuting, and here are our top 5 reasons to buy in Warman.
• On a tighter budget? See what you can buy in Warman for under $350,000.

Let's Find Your Warman Home

Under $500,000, Warman gives you real options, from a brand-new two-storey to a family home with a developed basement to a low-maintenance townhouse. The trick is knowing which one is the best value for you. Talk to Clayton and Jessica, your trusted REALTORS®. We'll help you compare new versus resale, review condo documents and builder contracts, and book showings as soon as the right home hits the market.

Prefer to browse on your own first? See homes from $300,000 to $400,000 or homes from $400,000 to $500,000 in Saskatoon, Warman and Martensville. You can also check out every new Warman listing from the last 24 hours.

Clayton McNally, REALTOR®
Trusted Realty, Powered by RE/MAX Saskatoon
Call or text: 306.341.4401