What is considered a luxury home in Regina?

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. 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.

Is 2026 a good time to sell a luxury home in Regina?

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, but tight supply means a properly priced, professionally marketed executive home faces less competition than it has in years.

How much do homes in The Creeks cost?

The Creeks is Regina's premier new-luxury neighbourhood, with current listings ranging from about $785,000 to $2.3 million and typical values near the $1M mark. Homes are design-controlled custom builds, most constructed since 2010, with walkouts backing creek and green space commanding the premium.

Which Regina neighbourhoods have the most expensive homes?

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. Outside the city, White City, Emerald Park, and the Lumsden Valley host the region's premier acreage and estate properties.

Why is there so little to buy over $750K right now?

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. The best properties often sell quickly and quietly, so working with a brokerage that knows about listings before they hit MLS is a genuine advantage.

Is it better to buy an acreage or a luxury home in the city?

It depends on lifestyle more than money. City luxury neighbourhoods offer walkability, schools, and easier resale; acreages offer land, privacy, and outbuildings, but add responsibilities like wells and septic systems. 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.

What does $1 million buy in Regina compared to other cities?

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 — or a full acreage property 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, Regina's luxury market is one of the strongest value propositions in Canadian real estate.

How is selling a luxury home different from a typical sale?

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. Overpricing at this level leads to long market times that buyers' agents use as leverage.

9455 Wascana Mews in Regina: Wascana View Residential for sale : MLS®# SK053302

Exceptional location backing onto the park in desirable Wascana View! Welcome to this spacious two-storey home offering over 2,670 sq. ft. of living space. The impressive 19-foot ceilings in the living and dining rooms create a grand first impression, while oversized windows fill the home with abundant natural light. The spacious living room features a beautiful fireplace and large windows overlooking the manicured yard and park. The formal dining area is perfect for hosting family gatherings and entertaining. The kitchen offers an abundance of cabinetry, brand-new granite countertops, a built-in dishwasher, and a walk-in pantry. The adjacent eating area provides direct access through patio doors to the beautifully landscaped backyard, which backs directly onto the park. The main floor also features a comfortable family room, a convenient half bathroom, and a dedicated laundry room. Upstairs, you will find three generously sized bedrooms and two full bathrooms. The spacious primary bedroom features elegant double French doors, two walk-in closets, and a luxurious 5-piece ensuite complete with a soaker tub, corner shower, and double sinks. The basement is insulated and drywalled, providing a great opportunity for future development. An attached double garage, also insulated and drywalled, offers convenient direct entry into the home. Enjoy the perfect combination of space, comfort, and an exceptional park-side setting in this sought-after neighbourhood. Don’t miss this wonderful opportunity!