What Homes Cost Right Now
The average sale price in Wood Meadows sits around $279,900 to $295,000, depending on the home type and condition. That's well below Regina's citywide benchmark of roughly $331,000, which makes this one of the more affordable detached-home neighbourhoods in the east end.
Most of the housing stock is single-family — three-level splits, four-level splits, and bi-levels are the dominant styles. You'll also find bungalow-style condos and a handful of townhouses, with condos starting as low as the $170,000s and detached bungalow condos around $290,000. On a per-square-foot basis, you're looking at roughly $258-$262, compared to $274 citywide. That gap means you're getting more space for your dollar here than in newer builds like The Towns or the Greens on Gardiner.
What drives the lower price point isn't a lack of quality — it's the age of the homes. These are 1980s builds, which means they're solid but they're not brand new. Buyers who understand that distinction tend to do well here.
How Prices Have Changed
Wood Meadows has been appreciating at around 5% year-over-year, which tracks with the broader Regina trend. Citywide, the average residential sale price rose 6% between 2024 and 2025, landing at $346,000. Regina's benchmark price hit $330,900 by December 2025, up nearly 7% from the year before. RE/MAX is forecasting another 2% increase heading into 2026, and Royal LePage is predicting 4% growth across all categories.
For Wood Meadows specifically, that steady climb has been good news for long-time homeowners. A home that sold for $220,000-$240,000 a decade ago is now worth $280,000-$295,000 — nothing flashy, but consistent. That's the kind of appreciation that builds real equity over time without the volatility you see in hotter markets.
Saskatchewan was called the hottest housing market in the country by TD Economics heading into 2026, driven by population growth and job creation. That broader momentum is filtering down to established neighbourhoods like Wood Meadows, where low inventory and steady demand keep prices moving in the right direction. It's not a neighbourhood where you'll see dramatic spikes, but it's also not one where you'll worry about values dropping.
How Fast Homes Sell Here
Homes in Wood Meadows typically sit on the market for 48-59 days, which is a bit longer than the citywide average of around 29-32 days. That's partly because the buyer pool here skews toward first-time purchasers who take a bit more time with their decisions, and partly because the price point means there's less urgency-driven competition than you'd see in the $400,000+ range.
That said, Regina entered 2026 with just 349 active listings across the entire city — roughly half of what you'd see in a balanced market. Inventory is tight everywhere, and Wood Meadows is no exception. When a well-maintained home comes up at the right price, it doesn't sit for two months. The homes that linger tend to be the ones that need work and are priced as though they don't.
What You Get at Different Price Points
Under $200,000: At this price, you're looking at condo units — typically apartment-style condos in the complexes along Heseltine Road. These are two- to three-bedroom units with condo fees that cover heat, water, snow removal, and lawn care. They're a solid entry point for someone who wants to stop renting and start building equity. Pet-friendly buildings with amenities like tennis courts and playgrounds make them practical for young families or singles.
$250,000-$300,000: This is the heart of Wood Meadows. You're getting a three- or four-bedroom split-level or bi-level on a decent-sized lot with mature trees and an established yard. The kitchen and bathrooms are likely original — think oak cabinets, laminate countertops, and maybe some dated wallpaper. But the structure's sound, the lot's generous, and there's room to make it your own over time. Bungalow-style detached condos also fall in this range, offering single-level living with a finished basement and minimal yard work.
$300,000-$370,000: Here you're getting into the updated homes — bi-levels and splits where the owners have put money into modern kitchens, newer flooring, or finished basements. Lot sizes are larger, garages are double or triple, and the overall condition is move-in ready. A recently listed bi-level at $369,900 on Helmsing Street, for example, offered three bedrooms, updated bathrooms with quartz countertops, and a fully finished lower level. This is the price range where you get the best of both worlds: 1980s lot sizes with modern finishes.
Is It a Buyer's or Seller's Market?
Regina is firmly in seller's market territory heading into 2026. Inventory is sitting at about two months of supply — well below the three-to-five months you'd need for a balanced market. Across the city, December marked the 29th straight month of increased sales. Multiple-offer situations are still happening, and buyers were paying above asking price for six straight months through the summer of 2025.
In Wood Meadows, the dynamics are a touch softer than the city as a whole because of the price point and the buyer demographic. First-time buyers are more cautious, and the homes here don't always trigger the same bidding wars you'd see in higher-demand neighbourhoods. But sellers still have the advantage. If your home's priced right and shows well, you're not going to struggle to find a buyer.
For buyers, the key is preparation. Get your financing sorted out before you start looking. In a market with this little inventory, the best homes don't wait around for you to figure out your budget.
What to Know Before You Buy or Sell Here
If you're buying, don't overlook the walkability factor. Being able to walk to Safeway, GoodLife Fitness, and the library is something you won't find in most suburban neighbourhoods, and it's genuinely worth paying attention to. Also, check the basement carefully — 1980s bi-levels and splits are known for bright, usable lower levels, but you'll want to confirm there are no moisture issues after forty years.
If you're selling, small updates go a long way. Fresh paint, updated light fixtures, and modern hardware can shift your home from the $260,000 range into the $290,000s without a full renovation. Buyers in this price range are often stretching their budget, so anything that makes a home feel move-in ready helps it sell faster.
Finding Your Place in Wood Meadows
Wood Meadows isn't the flashiest neighbourhood in East Regina, but it might be the smartest buy. You're getting solid 1980s construction, bigger lots, mature landscaping, and walkable access to shopping — all at a price point that's roughly $50,000 below the city average. For first-time buyers especially, that's a combination worth taking seriously. If you'd like to see what's currently available, browse the latest Wood Meadows listings, or check out nearby Parkridge and Eastbrook for comparison. And if you want to explore the broader East Regina market, I'm happy to walk you through what makes sense for your situation. Reach out anytime — no pressure, just honest answers.
