Luxury Homes for Sale in Regina & Area

In the Regina market, luxury generally means homes priced above $700,000 in the city and above $750,000 for acreages — roughly the top few percent of the market, where the city-wide benchmark price sits in the mid-$300,000s. At this level, homes are typically custom-built with 3,000+ square feet, triple garages, developed walkout basements, and premium lots backing green space, parks, or golf courses. Because Regina remains one of Canada's most affordable major cities, that budget buys substantially more home here than nearly anywhere else in the country.

Conditions strongly favour sellers. Regina set record benchmark prices through spring 2026, inventory is running far below the 10-year average, and well-priced homes are selling at or near asking. The luxury segment moves more slowly than the mid-market — the buyer pool above $700K is smaller — but tight supply means a properly priced, professionally marketed executive home faces less competition than it has in years. Pricing strategy still matters more at this level than anywhere else: overpriced luxury listings sit, and long market time damages a listing's credibility.

The Creeks is Regina's premier new-luxury neighbourhood — current listings run from about $785,000 to $4.19 million, with a median list price near $1.05M. Homes here are design-controlled custom builds, most constructed since 2010, with walkouts backing the creek and green space commanding the premium. It records more of Regina's $1M+ sales than any other neighbourhood.

The Creeks, Wascana View, Lakeview and The Crescents consistently record Regina's highest sale prices — The Creeks for modern custom builds, The Crescents and Lakeview for character homes near Wascana Park, where park-adjacent properties command significant premiums. Outside the city, White City, Emerald Park, and the Lumsden Valley host the region's premier acreage and estate properties, with hillside homes in Lumsden offering valley views found nowhere else near Regina.

Two reasons: Regina's overall inventory is among the tightest in Canada relative to its size, and the luxury segment was thin to begin with — only a handful of neighbourhoods and rural municipalities produce homes at this level. Many luxury owners are also staying put rather than listing, since replacing their home means competing in the same tight market. For buyers, this means the best properties often sell quickly and quietly — working with a brokerage that knows about listings before they hit MLS® is a genuine advantage in this segment.

It depends on lifestyle more than money. City luxury neighbourhoods offer walkability, schools, and easier resale; acreages offer land, privacy, shops and outbuildings, and no neighbours over the fence — but add responsibilities like wells, septic systems, and longer service response times. Since the Regina Bypass opened, commutes from White City, Emerald Park, and Pilot Butte have shortened enough that many buyers no longer have to choose between country living and city convenience. We help clients weigh both honestly, including the costs city buyers never think to ask about.

In Regina, $1 million buys a custom-built executive home — typically 3,000+ square feet with a triple garage, developed walkout, and a premium lot backing green space or a golf course — or a full acreage property with land and outbuildings minutes from the city. The same budget buys a modest semi-detached in Toronto or a dated bungalow in Vancouver. Combined with no provincial sales tax on resale homes and title transfer fees far below other provinces' land transfer taxes, Regina's luxury market is one of the strongest value propositions in Canadian real estate — a major draw for relocating professionals.

The buyer pool is far smaller and often out-of-market, so exposure strategy matters more: professional video, drone footage, targeted digital advertising, and pricing built on true comparable analysis rather than city-wide averages. Luxury homes also carry more pricing risk — overpricing at this level leads to long market times that buyers' agents use as leverage. Expect a marketing plan specific to your property, not a template.