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.

8267 Wascana Gardens Point in Regina: Wascana View Residential for sale : MLS®# SK025134

7 Active listings

$825K–$1.6M Current list range

$870K Median list price

Live MLS® listing data · Optimum Realty Inc.

Before The Creeks existed, Wascana View was the answer to “where do Regina's executives live” — and for many buyers, it still is. Wide, tree-lined streets, mature landscaping that new neighbourhoods can't replicate for decades, and a setting alongside McKell Wascana Conservation Park make this the city's established luxury benchmark.

Continue reading about Wascana View → Show less ↑

The neighbourhood built out primarily through the 1990s and 2000s, which gives it something increasingly rare in Regina's luxury market: substance and maturity together. Homes here are large executive two-storeys and walkout bungalows — many over 2,500 square feet — on generous lots, and the premium tier backs the conservation park itself, with protected natural views that can never be built out.

Seven Wascana View homes are currently listed over $750K, from the mid-$800,000s to $1.6M — one of the deepest luxury selections in the city right now. That said, park-backing properties remain the exception; owners hold them for decades, and when one lists, it draws immediate attention.

For buyers weighing Wascana View against The Creeks, the trade is straightforward: The Creeks offers newer construction and modern floor plans; Wascana View offers maturity, established trees, larger average lots, and the park. Renovated Wascana View homes — and many have been substantially updated — often represent the best value in Regina's luxury market, delivering premium locations at prices below equivalent new construction.

For sellers, the neighbourhood's reputation does part of the work, but condition tells the story at this price point. Buyers comparing your 2002-built home against a 2020 Creeks build need to see updated mechanicals, finishes, and staging that closes the age gap. We know which improvements return their cost here and which don't — ask us before you spend a renovation dollar on selling.

What's your Wascana View home worth?

Online estimates fail at the top of the market — there aren't enough comparable sales for an algorithm to work with. If you own a home in Wascana View, request a detailed value report prepared personally by broker Aaron Habicht — not an algorithm.

Get My Value Report No obligation · delivered within 48 hours

Wascana View: questions, answered

How much do homes in Wascana View cost?▼

Current listings over $750K in Wascana View run from about $825,000 to $1.6 million. The neighbourhood also includes homes below that threshold; park-backing and extensively renovated properties command the premium.

What is McKell Wascana Conservation Park?▼

McKell Wascana is a conservation area of wetlands and prairie along Wascana Creek on Regina's east edge, with walking trails and protected habitat. Wascana View homes backing the park enjoy permanent natural views — one of the few guarantees in real estate.

Wascana View or The Creeks — which should I choose?▼

The Creeks offers newer custom construction and contemporary layouts; Wascana View offers mature trees, larger established lots, and the conservation park. Budgets overlap significantly, so the decision usually comes down to new-versus-established preference. We're happy to walk you through current options in both.

Aaron Habicht

Broker/Owner, Optimum Realty Inc. · Serving Regina since 2004

Thinking about buying or selling an executive home in Wascana View? Every conversation starts with the broker — no handoffs, no pressure, just straight answers about your options.

Book a Call or call/text 306-535-4147

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Wascana View — Executive Homes for Sale

8267 Wascana Gardens Point
Wascana View Regina S4V 1G8

$1,295,000
Residential beds: 3 baths: 3.0 1,867 sq. ft. built: 2022

Schedule a viewing:

What's your Wascana View home worth?

Wascana View: questions, answered

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Buyers Guide

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Wascana View — Executive Homes for Sale

8267 Wascana Gardens Point Wascana View Regina S4V 1G8

$1,295,000 Residential beds: 3 baths: 3.0 1,867 sq. ft. built: 2022

Schedule a viewing:

What's your Wascana View home worth?

Wascana View: questions, answered

Links

About

Buyers Guide

Sellers Guide

Home Evaluation

My Listings

Search Listings

8267 Wascana Gardens Point
Wascana View Regina S4V 1G8

$1,295,000
Residential beds: 3 baths: 3.0 1,867 sq. ft. built: 2022