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      Mayfair, Regina - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Regina, Mayfair

      Mayfair, Regina: Your Home Is Worth More Than You Think - But the Window Is Narrowing

      The Vibe Right Now

      If you've been watching the "For Sale" signs in Mayfair lately, here's what's actually happening. The market is taking a breather. The average HonestDoor Price for homes in Mayfair sits at $344,488, down 7.76% from the previous period. That's a real number, and it's worth paying attention to.

      On the predictive side, our model puts Houses in Mayfair at a predicted value of $373,456 - but that number is sliding. The 3-month moving average is $386,883, which means values have dropped about 2% just recently. We're not in freefall, but we're not climbing either. This is a market where timing actually matters.

      • Average HonestDoor Price: $344,488
      • Predicted House Value: $373,456
      • 3-Month Moving Average: $386,883
      • Recent Price Change: -2.01%
      • Neighbourhood Growth Rank: 91 out of 103 in Regina

      How Mayfair Stacks Up Against the Neighbours

      Here's the honest comparison. Mayfair is sitting in the middle of the pack price-wise, but on the growth leaderboard, we're near the bottom. Ranking 91 out of 103 Regina neighbourhoods means most of the city is outpacing us right now. That's not a reason to panic - but it is a reason to stop waiting.

      Look at what's around us. River Bend homes are averaging $427,564 on HonestDoor and Spruce Meadows is all the way up at $516,123. Eastgate comes in cheaper at $321,926. Mayfair is genuinely affordable relative to those neighbours, and that's actually a selling point if you frame it right for buyers.

      • River Bend average HonestDoor Price: $427,564
      • Spruce Meadows average HonestDoor Price: $516,123
      • Eastgate average HonestDoor Price: $321,926
      • Mayfair predicted value vs. River Bend predicted: $373,456 vs. $363,638 (we're slightly ahead)
      • Mayfair predicted value vs. Spruce Meadows predicted: $373,456 vs. $302,134 (we're well ahead)

      The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

      Here's the thing most Mayfair homeowners don't realize. Your city assessment is a snapshot frozen in time. It gets updated on a schedule that has nothing to do with what buyers are actually paying on your street today. The HonestDoor Price is a live, real-world check - it pulls from actual market activity and updates constantly.

      Right now, with values shifting month to month, that gap between your old assessment and your real market value could be thousands of dollars in either direction. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the number you want in your hand, not a government figure from last year.

      Pull your HonestDoor Price today. It takes 30 seconds and it's free. That's your real starting point.

      The "So What?" - Should You Sell This Summer?

      If you're thinking about selling in Mayfair this summer, the honest answer is: sooner beats later right now. Values are drifting down, not up. Every month you wait, the 3-month average is working against your asking price.

      The rental numbers do give you an option though. If selling feels rushed, Mayfair houses are pulling an estimated $1,751 per month in rent, with a rental yield of 5.81%. That's a solid return. Holding and renting is a legitimate play if you're not in a hurry to cash out.

      On the short-term rental side, Airbnb income is estimated at around $87 to $93 per night, but Mayfair ranks 69th in Regina for Airbnb potential. It's not a top-tier short-term rental market. Long-term tenants are likely your better bet if you go the rental route.

      • Average rental estimate: $1,751 per month
      • Rental yield: 5.81%
      • Airbnb estimate: $87 to $93 per night
      • Airbnb rank in Regina: 69th

      Bottom line - Mayfair is a solid, affordable neighbourhood with real options. But the market is not your friend if you sit on your hands. Check your HonestDoor Price, know your real number, and make a move with your eyes open.

      mayfair | regina | october 2026

      This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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