I would use binary RPMs. I am sure you can find them.
If you really plan to compile it, we need to know your hardware a bit to be able to give you an average aproximation (and even then, there are lots of things that can influence the speed of the compilation: cpu speed, background jobs, available ram, average amount of swapping to disk, CFLAGS, version of the compiler, and the list goes on).
In any machine above the gigahertz it should take less than half an hour if the box is iddle and there's enough ram. In machines of previous generations it can take one hour or many depending on the hardware and many things. Wine needs massive amount of ram to compile, if there's not enough ram and it starts swapping to disk the performance will degrade by many order of magnitude.
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