Mar 27 - Apr 24, 2015 Volume 18 Issue 04
INSIDE THIS ISSUE
5 REASONS TO LOVE THE KENSINGTON B.R.Z.
HELPING BUYERS THROUGH THE CONSTRUCTION PHASE
CHBA – CALGARY NAMES SAM AWARD FINALISTS
Presentation Centre
NEW PHASES JUST RELEASED!
NOW OPEN!
Creations by Shane Homes Introduces
STREET TOWNS in Nolan Hill, NW Calgary
URBANA CR EAT I O NS BY S H A NE H OME S NOLAN HILL
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kitchen
2 & 3 bedroom models ranging from 1,368 - 1,580 sq. ft. available.
*Price includes house, lot and GST. Subject to change without notice.
N CONO D FEES! O Calgary
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Future Nolan Hill Blvd NW
ll Hi lan NW o e N at G
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Hours of Operation Mon - Thurs: 2:00 - 8:00 pm Sat, Sun & Hol: Noon - 5:00 pm
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open to below
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contents
MARCH 27 - APRIL 24, 2015 || VOLUME 18 ISSUE 4
ON THE COVER
p. 12
TAMANI COMMUNITIES Families embrace Riversong’s laid-back lifestyle by the Bow
IN EVERY ISSUE
8
COLUMNISTS
22 30 50
26
Trico Homes
40
Morrison Homes
Editor’s note
Calgaryism
5 delicious reasons to love the Kensington BRZ by Cody Battershill
44
Insight
New home landscaping by Brad Jackman
The Homebuying Process
Helping new-home buyers through the construction process
18
SAM Awards
CHBA - Calgary names finalists for 2014 SAM Awards
re-qualifies as one of Canada’s gold standard best managed companies
Housing Market
Calgary – still one of the most affordable markets in Canada
HOMEBUYERS’ HELP
36
by Donna Moore
IN THE NEWS
named one of Canada’s best managed companies – again
47
Showhome Review
Shane Homes creates impressive chef ’s kitchen in Andorra II in King’s Heights by Heather Ryan
Homebuyers’ Resource Section
Mortgage calculator and rate table
district maps 11 14 15 17 27 33 39 45 46
Cochrane Calgary East Region
40
Calgary South Region
PRESIDENT, YELLOW PAGES NEXTHOME
Northwest
EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Jacqueline Hill Susan Legge
Okotoks
SENIOR SALES MANAGER, WESTERN CANADA
Edwin Rizarri ART DIRECTOR
Airdrie
Tammy Leung
Southeast
EDITOR
Southwest
CONTRIBUTING EDITORS
Wayne Karl Sara Duck Elisa Krovblit Lydia McNutt
Northeast
Melanie Gowans
Senior Media Consultant
403.200.8462 Follow me on twitter @melgowans Like us on facebook; facebook/CalgaryNHG
PRODUCTION CO-ORDINATOR
Greg Van Sluytman GRAPHIC DESIGNERS
Viosa Barileva, Miguel Cea, Mike Terentiev MANAGER OF PRODUCTION
Bala Gnanapandithan NATIONAL ACCOUNT MANAGER, MEDIATIVE
Paul Slizys
FOR ADVERTISING INQUIRIES PLEASE CONTACT:
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Published by
Calgary’s New Home Guide is published 13 times per year. We are located at 2891 Sunridge Way NE Calgary, AB T1Y 7K7. Phone: 587.226.1313. The magazine is free to the public.
COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication.
36
TERMS Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties will be considered. Please submit to the editor at Susan.Legge@ypnexthome.ca
//EDITOR’S NOTE
Take advantage while you can Low interest rates still in your favour
T
SUSAN LEGGE
EDITOR-IN-CHIEF Yellow Pages NextHome Susan.Legge@ypnexthome.ca Follow me on Twitter at Twitter.com/SusanLegge
he Bank of Canada’s most recent rate announcement – holding its interest rate target at 0.75 per cent – is the continuation of good news for prospective homebuyers and those otherwise in the market for a new mortgage. There are many excellent mortgage products available from banks and brokers that will suit your individual needs, and could well be lower than posted bank rates, which are currently hovering around three per cent for a variable rate. With a pre-approval in hand, you’re protected if rates rise; if they go down, you’ll likely get an even lower rate. A pre-approval can be a win-win situation for shoppers, since it means you don’t have to wait to get
financing approval on a home when you put in an offer. This is an especially good tool to have when markets are hot. Removing the “conditional on financing” clause could mean your offer is accepted first since you already have your financing in place. So when will rates rise? It’s anyone’s guess, but most experts agree there could be some movement later this year. However, we can’t assume that will be the case, and you shouldn’t wait too long to get pre-approved for a mortgage. It can take a few days. Many lenders offer online pre-approvals to make the process faster and easier. Start the spring busy season off right by taking advantage while you still can.
Good reason to buy new, now Market conditions mean opportunity for homebuyers
W
WAYNE KARL
EDITOR Yellow Pages NextHome Wayne.Karl@ypnexthome.ca Follow me on Twitter at Twitter.com/WayneKarl
8 NEW HOME GUIDE | MAR 27 - APR 24, 2015
henever there’s a real estate slowdown or any lingering economic uncertainty, would-be buyers plunk themselves firmly on the fence to see how things unfold before jumping into the market. Indeed, there’s plenty of news these days about sluggish sales and a withering economy, thanks to the recent tailspin in the oil and gas industry. For prospective buyers of new homes, however, those conditions affect mostly resale homes. Despite the current challenges, Calgary’s housing market is still healthy – coming off a record 2014, remember – and still among the most affordable in Canada (see page 44).
In the resale market, listings are up and sales down – conditions that could spell opportunity for buyers. In new homes, builders are recognizing current conditions and are planning for fewer starts than last year. This is a smart move for the industry and the economy, as a glut of new, unsold inventory does no one any good. While new-home prices are highly unlikely to drop as they might in the resale market – land acquisition costs and Development Charges are going up, not down – prospective buyers might be able to negotiate more upgrades and inclusions. If a new home is what you want, there’s really no reason to wait.
2 HW Y. 2
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05 MONTERRA ON COCHRANE LAKE
02 JUMPING POUND RIDGE
06 WESTPOINTE ESTATES
DEVELOPER: Harmony Park BUILDERS: Stepper Custom Homes, Trico Homes, www.jumpingpoundridge.com BUILDERS: WestView Builders, Kingsmith Homes
03 SUNSET RIDGE
DEVELOPER: Melcor BUILDERS: Jayman MasterBUILT, Innovations by Jayman, Janssen, Calbridge, Landmark Homes, Excel Homes, Homes by Avi
04 RIVERSONG
DEVELOPER: Tamani Communities BUILDERS: Innovations by Jayman, Sabal Homes, Jayman MasterBUILT, Trico Homes
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DEVELOPER: Medallion Development Corp. BUILDERS: Prominent, Modena, Cornerstone, Brooklyn, Astoria Custom Homes
DEVELOPER: MGM Developments. BUILDERS: Mapleland Homes, Kingsmith Homes
07 FIRESIDE
DEVELOPER: La Vita Land BUILDERS: Calbridge, Janssen, Kingsmith, Landmark, ReidBuilt Homes www.firesidecochrane.com
08 HEARTLAND
DEVELOPER: Apex Developments BUILDERS: Excel Homes www.heartlandcochrane.com
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 11
RANGE RD 40
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//COVER STORY
Families embrace
RIVERSONG’S laid-back lifestyle by the Bow » by HEATHER RYAN
F
amilies looking to step back from the hectic pace of the big city and enjoy a tranquil setting and the charm of small town living, are eager to embrace Riversong in Cochrane. Nestled along a heavily treed escarpment with the Bow River at the doorstep, Riversong is a master-planned community crafted by Tamani Communities on more than 340 acres, with approximately 100 of those acres set aside as an environmental preserve, ensuring an abundance of greenspace for everyone to enjoy. 12 NEW HOME GUIDE | MAR 27 - APR 24, 2015
“The biggest appeal to Riversong is the lifestyle,” says marketing manager Nicole Westman-Jones. “Once people come into Riversong they love the look and feel of the community; it’s very peaceful, and Riviera homes back onto the treed escarpment and Bow River, so it’s a beautiful natural setting. The location also provides fabulous views of the escarpment, the Rockies, Bow River and the town of Cochrane. “We’re really pleased with the response to Riversong, especially to Riviera,” Westman-Jones says, noting that Riversong’s beautiful natural setting and diverse range of housing product has attracted a great deal of interest from everyone from first-time buyers to those seeking luxury. The release of Phase 6 offers tremendous choice for buyers with lots close to park space and pathways, and choices of laned, single and double front-drive and semi-detached lots.
TAMANI COMMUNITIES | Riversong
In Phases 5 and 6, Innovations by Jayman and Trico Homes are building semi-detached homes; Innovations by Jayman is building single- and double-front drive homes; and Trico is offering laned homes. There are six showhomes open in Phase 5 and homes start in the $340,000s including lot and GST. Also in Phase 6, Innovations by Jayman is selling townhomes that are now opened starting in the $330,000s. Innovations by Jayman has two showhomes open for viewing and has immediate possessions available. “Phase 6 is actually the last phase in Riversong where we’re selling starter product, so this is the last opportunity and buyers should act quickly to get the home and lot they want,” Westman-Jones says. In Phase 8, called Riviera, Jayman MasterBUILT and Trico Homes are “crafting estate front-drive homes that back onto the
Bow River,” she says. “Starting in the $530,000s these are affordable homes with lots that either face or back onto a park, trees or the river. “We also have front-drive Villa and Manors by Jayman that start in the $590,000s and immediate possessions are available.” Tamani has six showhomes in Riviera – four estate showhomes and two Villa and Manors showhomes. There are also a limited number of lots backing onto the river now selling in this phase. Along with an array of housing choices, a major attraction to buyers is that more than 40 per cent of Riversong is greenspace, including natural parks, tot lots and pathways linked throughout the community. It also features other established amenities such as the Bow Valley High School and the pedestrian bridge that crosses the Bow River and connects the community to downtown Cochrane. “We’ve developed a pathway system along the river that leads to the pedestrian/bike bridge,” WestmanJones says, noting it’s about a 10minute bike ride or a 20-minute-plus walk to Cochrane’s downtown. “We have also developed our second park, a pond along the waterfront and pathways throughout the community.” Riversong’s convenient location south of the Bow River and east of Hwy. 22 means it’s an easy 20-minute drive to Calgary’s west side or the mountains, and just minutes to downtown Cochrane where residents can enjoy an array of shops, restaurants and services. For more information on Riversong and Riviera, visit the showhomes, open Monday to Thursday, 2 to 8 p.m., and weekends and holidays, noon to 5 p.m., or visit riversongcochrane.com and rivieracochrane.com. Join Riversong on Facebook for up-to-date community events and openings. MAR 27 - APR 24, 2015 | NEW HOME GUIDE 13
›› CALGARYREGIONEAST NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
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CHESTERMERE 797 LANGDON
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CHESTERMERE 543 RAINBOW FALLS
22 DEVELOPER: Truman Developments HIGH RIVER BUILDER: Jager Homes, Lionsworthe Homes, Douglas Homes, ReidBuilt Homes WESTMERE
DEVELOPER: Melcor BUILDERS: Lifestyle Homes, ReidBuilt Homes
SHORES ON WESTMERE
DEVELOPER: Melcor BUILDERS: Homes by Avi, Albi Homes
KINNIBURGH
DEVELOPER: Pollyco Developments BUILDERS: Stepper Custom Homes, Canterra custom homes, Sterling Homes, Lifestyle Homes, Douglas Homes, Westridge Fine Homes, Broadview Homes, ReidBuilt Homes
14 NEW HOME GUIDE | MAR 27 - APR 24, 2015
2A 04 BUFFALO HILLS (coming soon)
BUILDERS: Prominent Homes Douglas Homes, Klair Custom Homes Prominent Homes, Mapeland Homes
LAKEPOINTE
DEVELOPER: Mattamy Homes BUILDER: Mattamy Homes Sales centre 400 Westpark Dr.
LANGDON BOULDER CREEK ESTATES
DEVELOPER: Harmony Park BUILDERS: Stepper Custom Homes, Broadview Homes
HANSON PARK
DEVELOPER: Hanson Park Developments BUILDERS: Canaco Homes Ltd, Ovation Homes Ltd, Douglas Homes
STRATHMORE THE RANCH IN STRATHMORE
DEVELOPER: United BUILDERS: Jager Homes and Westview Builders
WILDFLOWER RANCH IN STRATHMORE
DEVELOPER: Cancorp Property Group Inc. BUILDERS: Carpenter Homes, Paradyme Homes, Aquilla Homes and Canterra Custom Homes
EDGEFIELD IN STRATHMORE
DEVELOPER: Pollyco BUILDERS: ReidBuilt Homes, Ovation Homes, Westview Homes, Aquilla Homes www.edgefieldstrathmore.com
LYALTA 03 THE LAKES OF MUIRFIELD
BUILDERS: Douglas Homes, Today’s Homes, Ribero Homes and Compass Rose Homes
›› CALGARYREGIONSOUTH 1A
NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
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DEVELOPER: WestView Builders BUILDER: WestView Builders
HIGH RIVER
BLACK DIAMOND RIVERWOOD ESTATES
DEVELOPER: Riverwood Estates Inc. BUILDERS: Woodmaster Homes Ltd.
HAMPTON HILLS
BUILDERS: WestView Builders
MONTROSE
DEVELOPER: Dream Development BUILDER: Lifestyle Homes, Red Door Homes
PRIDDIS
HERITAGE POINTE ARTESIA AT HERITAGE POINTE
DEVELOPER: Heritage Pointe Properties Inc. BUILDERS: Astoria Custom Homes, Albi Homes, Calbridge Homes www.liveatartesia.com
HAWKS LANDING
DEVELOPER: Hopewell Residential Communities BUILDERS: Prominent Homes, Baywood Estate Homes, Trickle Creek Custom Homes, Wolf Custom Homes, Thompson Luxury Homes, Bradmar Homes, Baywest Homes www.hawkslanding.ca
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 15
north
5 Sherwood Showhomes: 1228 Sherwood Blvd.
Developer: Genesis Development Corp Builders: Majestic Homes
6 Beacon Heights Showhomes: Sherwood Crescent NW
Developer: Intergulf Cidex Builders: Trico Homes/Intergulf Cidex
7 Tuscany Hillside Estates
Showhomes: Tuscany Estates Rise NW Developer: Carma Builders: Landmark Homes | Albi Hom
8 Kincora
Showhomes: 115 Kinkora Glen Rd. NW
Developer: Genesis Land Development Apex Developments Builders: Evolution Homes | Majestic H Excel Homes | Centrex Home
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#1 Community in Canada* DEVELOPER: Macdonald Development Corporation BUILDERS: Astoria Homes; Albi Homes, Trickle Creek Homes, Wolf Custom Homes www.watermarkatbearspaw.com
14 EVANSRIDGE
DEVELOPER: Dream Development BUILDERS: DS Homes, Homes by Avi, Genesis Builders Group, Morrison Homes, Innovations by Jayman, Westview Builders, Stepper Custom Homes, Calbridge Homes, Excel Homes DEVELOPER: Decker Management BUILDERS: Crystal Creek Homes, Lupi Luxury Homes
17 AVENUE
37 STREET
SARCEE TRAIL
69 STREET
12 BEARSPAW WILLOW CREEK
15 ROCK LAKE ESTATES
DEVELOPER: United Communities BUILDERS: Pacesetter Homes
11 Milano
Showhomes: 99 Panatella Hill NW 05 NOLAN HILL
Trico Homes DEVELOPER:Builders: United Communities BUILDERS: Homes by Avi, Morrison DEVELOPER: Birchwood Properties Homes, Shane Homes, Sterling BUILDERS: Properties Homes, Trico Homes, Jager Homes, Hanson Ranch 10 Birchwood Showhomes: Hidden Creek Blvd. NW Pacesetter Homes EVANSTON www.nolanhillunited.com Developer: Cedarglen Homes | Cardel Homes DEVELOPER: Qualico Communities Builders: Genstar 06 BEACON HEIGHTS BUILDERS: Broadview, NuVista, Trico DEVELOPER: Intergulf Cidex Homes, Pacesetter Homes, Sterling BUILDER: Trico Homes, Intergulf Cidex Homes, Jayman MasterBUILT Developer: Birchwood Properties
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02 ROYAL OAK Builders: Birchwood Properties
and Development Corp. | elopments Homes | Majestic Homes | es | Centrex Homes
GT ON
16 AVENUE
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DEVELOPER: Melcor BUILDERS: Landmark Homes, Albi Homes
IN
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DEVELOPER: Genstar BUILDERS: Homes by Avi, Cardel CityLife Homes, 9Landmark, Excel Homes, Showhomes: 2003 20th Ave. Arcuri Homes
Homes | Albi Homes
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DEVELOPER: Genesis Land Development Corp. BUILDERS: Genesis Builders Group, Passion Homes, ReidBuilt Homes, Today’s Homes www.genesisbuildersgroup.com
11 VALLEY POINTE ESTATES
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BUILDERS: Astoria Custom Homes, Hyatt Homes, Laratta Homes, Mckinley Masters Custom Homes
NOTE: Map is just a graphic representation of areas of developments. 17 AVENUE
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DEVELOPER: Genstar BUILDERS: Cardel Homes, Acuri Homes
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›› NORTHWESTCOMMUNITIES
*2012 and 2013 National SAM award winner for Best Community Development
17 SHERWOOD
DEVELOPER: Melcor BUILDERS: Shane Homes, Homes by Avi, Genesis Builders Group www.lifeinsherwood.com
18 MOUNT PLEASANT
BUILDER: Landmark Homes www.landmarkgroup.ca
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 17
//IN THE NEWS
2014 SAM AWARDS
finalists announced Canadian Home Builders’ Association ‐ Calgary Region has announced the finalists for the 2014 SAM Awards. The SAM Awards, now in its 28th year, celebrate innovation and excellence in the residential construction industry in Calgary and its surrounding region. The winners will receive their awards at the SAM Awards Gala on Saturday, April 18, 2015, at the Telus Convention Centre. “The record number of new construction starts in the Calgary region last year didn’t
stop our members from bringing home their best,” says Shane Wenzel, chairman of the SAM committee. Entries totaled 834 in all categories of new home construction, including new homes and condos, renovations, new communities, sales, advertising and marketing. A total of 116 companies are vying for 58 awards in different categories, including the top Grand SAMs – three builder categories (Builder of the Year, Builder of Merit for a small‐volume builder and Multi‐Family
Builder of the Year), Renovator of the Year, and Partner of the Year. “This competition is the highlight of the year for our members,” says Wayne Copeland, president of CHBA ‐ Calgary Region. “And it’s taken very seriously. It is an incredible achievement to be elite in a very competitive industry where quality and innovation shine in every way.” Tickets to the 2014 SAM Awards Gala are now on sale through chbacalgary.com. Following is a partial list of the finalists:
2014 SAM Awards Finalists Partial list, finalists listed in alphabetical order
ADVERTISING & MARKETING AWARDS BEST BILLBOARD Sponsored by Prominent Homes Ltd. • Broadview Homes Warranty Van/ Billboard • Bucci Developments Limited Kensington by Bucci- Site Hoarding Phase 1 • Bucci Developments Limited Kensington by Bucci- Site Hoarding Phase 2 • Bucci Developments Limited Kensington by Bucci - Billboard • Calbridge 2010 Ltd. Billboard – Mystic Ridge Trailer Wrap BEST DIRECT MAIL PIECE Sponsored by Stepper Custom Homes Inc. • Alberta Hardwood Flooring Alberta Hardwood Flooring – Fresh Floors Magazine • Albi Homes Ltd. Vistas of Tuscany Passport • Calbridge 2010 Ltd. Direct Mail Piece – 35th Anniversary • Morrison Homes Auburn Bay Chair • Shane Homes Ltd. Shane Magazine 2014 BEST PRINT AD Sponsored by Stonetile (Canada) Ltd. • Hopewell Residential Management LP Everyone Dreams of Life at the Lake 18 NEW HOME GUIDE | MAR 27 - APR 24, 2015
• M2i Development Corporation SoBow Best Print Ad • Sabal by Hopewell, a division of Hopewell Residential Management LP Rear-Attached Garage Print Ad • Streetside Development Corporation Make Room for Summer • United Drywall Ltd. Dirty Jobs JANINE COUGHLIN MARKETING CAMPAIGN OF THE YEAR Sponsored by Yellow Pages NextHome • Bucci Developments Limited Kensington by Bucci – Marketing Campaign of the Year • Excel Homes 26th Anniversary Marketing Campaign • Homes by Avi Group of Companies-Calgary Dream Home • Kon-Strux Developments Inc. Kon-strux Marketing Campaign • Sabal by Hopewell, a division of Hopewell Residential Management LP 20-Year Stylebration Campaign
DEVELOPER AWARDS SHOW HOME PAR ADE OF THE YEAR Sponsored by Baywest Homes Ltd. • Brookfield Residential Riverstone – The Preserve Series, Cranston, Calgary
• Genstar Development Company Walden’s Move-up Parade, Walden, Calgary • Hopewell Residential Management LP Rear-Attached Show Home, Mahogany, Calgary • Macdonald Development Corporation Street of Distinction- Watermark at Bearspaw, Rocky View County • Qualico Communities Dressage in Silverado, Calgary COMMUNITY OF THE YEAR – CITY OF CALGARY Sponsored by Homes by Avi Group of Companies-Calgary • Brookfield Residential Riverstone of Cranston, Calgary • Brookfield Residential Auburn Bay, Calgary • Canada Lands Company Currie Barracks, Calgary • Genstar Development Company Walden, Calgary • Hopewell Residential Management LP Mahogany, Calgary NEW COMMUNITY OF THE YEAR Sponsored by Shane Homes Ltd. • La Vita Land Inc. Willows of River Heights, Calgary
COMMUNITY OF THE YEAR – CALGARY REGION Sponsored by Shane Homes Ltd. • Genesis Land Development Corp. Canals Landing, Airdrie • Heritage Pointe Properties Inc. Artesia, DeWinton • La Vita Land Inc. Fireside of Cochrane, Cochrane • Macdonald Development Corporation Watermark at Bearspaw, Rocky View County • Qualico Communities Ravenswood, Airdrie
MULTI FAMILY COMMUNITY AWARDS BEST MULTI‐FAMILY COMMUNITY Sponsored by Shane Homes Ltd. • Homes by Avi Group of Companies – Avi Urban The Block, 17th Ave/Lower Mount Royal, Calgary • Homes by Avi Group of Companies – Avi Urban Prospect Rise, Kincora, Calgary • Jayman Modus, a division of Jayman BUILT Homes That Work, Concept, Sunset Ridge, Cochrane • Macdonald Development Corporation Villas at Watermark , Watermark at Bearspaw, Rocky View County • Sabal by Hopewell, a division of Hopewell Residential Management LP Chalet No4, Copperfield, Calgary
MULTI-FAMILY DESIGN AWARDS BEST NEW DESIGN VILLA/DUPLEX/TOWNHOME UP TO 1,199 SQ. FT. Sponsored by Goodman Company Canada • Assured Developments Ltd. Alex Courtyard Lofts – Uptown Unit 6, 511 – 30 Ave. SW, Calgary • Calbridge 2010 Ltd. The Aspen, 3 Fireside Gate, Cochrane • Calgary Urban Equities Limited Mission 34 – Elbow, 98 Mission Rd. SW, Calgary • Homes by Avi Group of Companies Avi Urban Willow Iris, 5 Sherwood Row NW, Calgary • Morrison Homes Multi-Family, a division of Morrison Homes The Boulevard, 428 Nolan Hill Drive NW, Calgary
BEST NEW DESIGN VILLA/DUPLEX/TOWNHOME 1,200 SQ. FT. AND OVER Sponsored by Renfrew Insurance Ltd. • Calbridge 2010 Ltd. The Brio, 49 Fireside Cove, Cochrane • Calbridge 2010 Ltd. The Columbia, 3 Fireside Gate, Cochrane • Homes by Avi Group of Companies Avi Urban Willow Carmine, 5 Sherwood Row NW, Calgary • Macdonald Development Corporation The Cascade – Villas at Watermark, 1 Watermark Villas NW, Rocky View County • Sabal by Hopewell, a division of Hopewell Residential Management Chalet No5 – D Plan, 192 Copperpond Villas SE, Calgary
MULTI-FAMILY HOME AWARDS BEST TOWN HOME – UP TO $299,999 Sponsored by New Interiors Ltd. • Calbridge 2010 Ltd. The Orion, 725 Evanston Drive NW, Calgary • Calbridge 2010 Ltd. The Gemini, 727 Evanston Drive NW, Calgary • Homes By Avi Group of Companies – Avi Urban Edison at Walden – Jasmine D, 56 Walden Walk SE, Calgary • Morrison Homes Multi-Family, a Division of Morrison Homes Smith Residence, Private • Sabal by Hopewell, a Division of Hopewell Residential Management MP Chalet No5 – B plan, 650 Copperpond Blvd SE, Calgary BEST TOWN HOMES $360,000 AND OVER Sponsored by Classic Kitchens & Cabinets Ltd. • Homes by Avi Group of Companies Avi Urban The Lance, 9 Marine Drive SE, Calgary • Jayman Modus, a division of Jayman BUILT The Karma, 263 Mahogany Way SE, Calgary • Millenium Plus Homes M 1923, Private • Millenium Plus Homes M 1306, Private • Streetside Development Corporation Hunter House Townhome, 108 Silverado Plains Park SW, Calgary
BEST VILLA / DUPLEX $375,000 AND OVER Sponsored by I-XL Masonry Supplies Ltd. • Albi Homes Ltd. Villa 8 Private Residence, Private • Albi Homes Ltd. Villa 6, 347 Tuscany Estates Rise NW, Calgary • Albi Homes Ltd. Villa 2, 347 Tuscany Estates Rise NW, Calgary • Beyond Homes B95, Private • Millenium Plus Homes M 2424,Private BEST TOWN HOMES $300,000-$359,000 Sponsored by Superior Cabinets • Jayman Modus, a division of Jayman BUILT Esprit III in Ebony in Mahogany, Private • Jayman Modus, a division of Jayman BUILT The Viva in Trinity in Nolan Hill, 60 Nolan Hill Blvd SW, Calgary • La Vita Land Inc. The Satellite Live/Work, 101 Sunset Drive, Cochrane • Landmark Group of Builders The Lancaster, 211 Fireside Parkway, Cochrane • Morrison Homes Multi-Family, a division of Morrison Homes Tharakan/Higgs Residence at Sonoma, Private BEST VILLA / DUPLEX – UP TO $374,999 Sponsored by United Drywall Ltd. • Beyond Homes B75 Unit B, Private • Beyond Homes B75 Unit A, Private • Calbridge 2010 Ltd. The Verve, 49 Fireside Cove, Cochrane
NEW HOME AWARDS BEST NEW HOME – UP TO $254,999 Sponsored by Ply Gem • Baywest Homes Ltd. Mercato, Private • Excel Homes Edison – Mountain View, 283 Mountain View Drive, Okotoks • Morrison Homes Otto Residence, Private
...continued on pg 20
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 19
//IN THE NEWS...continued BEST NEW HOME – $295,000-$334,999 Sponsored by Classic Kitchens & Cabinets Ltd. • Broadview Homes The Elliston in Evanston, 128 Evansglen Close, Calgary • Excel Homes Leighton – Hillcrest, 101 Hilcrest Drive SW, Airdrie • Jayman BUILT The Exud2 in Legacy, 15 Legacy Close SE, Calgary • Reid Built Homes The Aydon 2 in Bayside Estates, 1781 Baywater Drive SW, Airdrie • Shane Homes Ltd. Showhome, Fiesta II, Hillcrest, Airdrie, 113 Hillcrest Drive SW, Airdrie BEST NEW HOME – $255,000-$294,999 Sponsored by The Sterling Group • Broadview Homes The Ashton – Evanston, 124 Evansglen Close, Calgary • Excel Homes Kennedy – Walden, 217 Walden Heights SE, Calgary • Jayman BUILT The Verde in Redstone, 186 Redstone Drive NE, Calgary • Morrison Homes The Gagnone Residence, Private • Sabal by Hopewell, a division of Hopewell Residential Management LP Sonik in Mahogany, 379 Mahogany Blvd SE, Calgary BEST NEW HOME – $335,000-$374,999 Sponsored by RBC Royal Bank • Excel Homes Kimberley_MountainView, 285 Mountain View Drive, Okotoks • Jayman BUILT The Nitro in King’s Heights, 346 Kings Heights Drive, Airdrie • Mattamy Homes Kingsley Corner Showhome in Windsong/ Southwinds, 1372 Windstone Road SW, Airdrie • Morrison Homes Melanson Residence, Private • Vesta Properties (Alberta) Ltd. Vesta Collection-Brighton Single – Family Home, Cooper’s Crossing, 1174 Coopers Drive SW, Airdrie BEST NEW HOME – $375,000-$424,999 Sponsored by Ply Gem 20 NEW HOME GUIDE | MAR 27 - APR 24, 2015
• Douglas Homes Ltd. Kenya 2 in McIvor, 121 Hart Cove, Chestermere • Homes by Avi Group of Companies-Calgary The Rosedale – Walden, 202 Walden Terrace SE, Calgary • Homes by Avi Group of CompaniesCalgary The Mason – King’s Heights, 338 King’s Heights Drive, Airdrie • Jayman BUILT The Verge in King’s Heights, 350 King’s Heights Drive, Airdrie • Reid Built Homes The Rockyview 2 In Bayside Estates, 1339 Bayside Dr SW, Airdrie BEST NEW HOME – $485,000-$549,999 Sponsored by Ply Gem • Baywest Homes Ltd. Private Residence, Private • Broadview Homes The Berkshire in Kinniburg, 209 Sand Piper Blvd, Chestermere • Calbridge 2010 Ltd. Lo Residence, Private • Douglas Homes Ltd. Playa Del Carmen 6 in Rainbow Falls, 132 Rainbow Falls Glenn, Chestermere • Stepper Custom Homes Inc. The Hampton, 205 Sandpiper Blvd, Chestermere BEST NEW HOME – $620,000-$719,999 Sponsored by Albi Homes Ltd. • Calbridge 2010 Ltd. The Cascade, Mahogany, 23 Masters Pointe SE, Calgary • Crystal Creek Homes Inc. The Rochester II-Custom, Timberline Estates, 10 Timberline Place SW, Calgary • Homes by Avi Group of CompaniesCalgary 2014 Stampede Rotary Dream House, Private • Morrison Homes Georgetown In Mahogany, 31 Masters Point SE, Calgary • Riverview Custom Homes Ltd. Waterfall, Private BEST NEW HOME – $425,000-$484,999 Sponsored by Artistic Stairs Inc. • Broadview Homes The Cavalier in Boulder Creek, 224 Bouldercreek Dr, Langdon • Crystal Creek Homes Inc. The Cameron- Canals Landing, 427 Canals Boulevard SW, Airdrie
• Jayman BUILT The Converge in Sunset Ridge, 129 Sundown Grove, Cochrane • Mattamy Homes The Garnet Showhome in our Windsong/Southwinds Community, 1372 Windstone Road SW, Airdrie • Morrison Homes Private Residence, Private BEST NEW HOME – $550,000-$619,999 Sponsored by The Sterling Group • Albi Homes Ltd. Manhattan 5, Riverstone of Cranston, 12 Cranbrook Lane, Calgary • Albi Homes Ltd. Artesia Private Residence, Private • Baywest Homes Ltd. Bellen Showhome, Auburn Bay, 156 Auburn Bay Ave SE, Calgary • Calbridge 2010 Ltd. The Redwood, Mahogany, 27 Masters Point SE, Calgary • WestView Builders Inc. The Augusta in Montreux Cove, 396 Tremblant Way SW, Calgary BEST NEW HOME – $720,000-$849,999 Sponsored by Legacy Kitchens Design Group Inc. • Baywest Homes Ltd. Davinci II Showhome in Cranston, 11 Cranbrook Drive SE, Calgary • Baywest Homes Ltd. Private Residence, Private • Cornerstone Homes 14 Westmount Point, Westmount Point Estates, Okotoks • Crystal Creek Homes Inc. The Newport, Currie Barracks, 12 Tommy Prince Road SW, Calgary • Riverview Custom Homes Ltd. Winslow Grey, Private BEST NEW HOME $850,000-$999,999 Sponsored by The Sterling Group • Baywest Homes Ltd. Private Residence, Private • Calbridge 2010 Ltd. The Stanford, Artesia, 17 Waters Edge Drive, Dewinton • Douglas Homes Ltd. Jones in Bearspaw, Private • Morrison Homes Truong Residence, Private • New West Custom Homes and Renovations Lexington in The Point in Patterson Heights, 565 Patterson Grove SW, Calgary
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//CALGARYISM
5 delicious reasons to love Kensington BRZ » by CODY BATTERSHILL
CODY BATTERSHILL is the founder of Calgaryism and a top producing realtor at ReMax House of Real Estate. Born and raised in Calgary, Cody has a passion for helping his clients accomplish their real estate goals and loves to show off the best Calgary has to offer! He can be reached at 403-370-4180, @Calgaryism on Twitter and calgaryism.ca
Got a late night craving for some pizza, poutine or perhaps something from the Middle East? If this is you, the Kensington Business Revitalization Zone (BRZ) in northwest Calgary has got you covered! Here are Calgaryism’s top late night eateries in Kensington for you to enjoy until all hours of the night. Some are open even until 4 a.m., something rarely seen for food establishments around our city. Canadian Pizza Unlimited (CPU) 314 10th St. NW, 403.270.7135 CPU serves some of the best pizza out of all the major pizza restaurant chains, and the best part is that you don’t have to buy a whole pizza to get a taste. They offer slices for only $3 and cans of pop for just $1 – a perfect way to spend that left-over change after the pub, club, lounge or wherever you chose to spend your night. CPU in Kensington is open until 4 a.m. Shawarma King 1423 Kensington Rd. NW, 403.283.5500 Approach Kensington Road from 14th Street NW or Crowchild Trail N and the Shawarma King will be one of the fi rst late night eateries you’ll stumble upon. As the name suggests, this place has a variety of Mediterranean and Lebanese cuisines, such as chicken shawarma, beef and or lamb donair, platter plates (rice, meat, veggie and sauce combo dish), plus some others I’ve never heard of before. I highly recommend trying the chicken shawarma plate. Shawarma King is open until 4 a.m. daily.
Shawarma and Falafel City 1245 Kensington Rd. NW, 403.452.4979 Travel a block and a half east past the Shawarma King and you’ll find another Mediterranean/Lebanese late night eater called Shawarma and Falafel City. Both of these places have nearly identical menus, however, the taste of the food is noticeably different. I recommend getting a donair or shawarma here as they wrap it with an extra piece of thin pita that makes for a very clean and tasty late-night snack, because it’s nice to eat well without getting covered in food! Shawarma and Falafel City is also open until 4 a.m. daily. Subway 1421 Kensington Rd. NW, 403.270.9617 You can never go wrong with Subway. Really, it must be much better health-wise to eat a sub packed with veggies than it is to jam your face with some greasy pizza or poutine, although sometimes the latter is just what food we crave at all hours of the night. Fortunately, for those who are strict on what they eat any time of the day, Subway in Kensington is open until 4 a.m. every day of the week. The Big Cheese Poutinerie 207 10th St. NW, 587.350.2873 You haven’t earned your poutine stripes until you’ve tried one of the make-it-yourself poutine boxes at The Big Cheese. Choose from an assortment of poutine categories including traditional, beef, chicken, pork and vegetarian, each with its own set of sub-types such as buffalo chicken, smoked meat and porky pig to give some examples. Th is place may just be the ultimate late night stop when you got a craving for deliciously greasy food. The Big Cheese in Kensington is open until 3:30 a.m. on weekends and 11 p.m. weekdays. We wish you happy late-night eating in the Kensington BRZ! JOIN US
Want to know more about local restaurants, activities, events and everything else to do with YYC? If so, be sure to give us a like at Calgaryism on Facebook, Twitter or Instagram… we hope to see you there!
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H 22 NEW HOME GUIDE | MAR 27 - APR 24, 2015
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old world traditions. modern living. townhome
l aned home
from the $350s
from the $380s
collection
collection
Set amid the rolling hills of Calgary’s northwest, Nolan Hill recalls British Isles character of days gone by – right down to the castle-ruin entry features. Yet with abundant park space and nearby shopping, schools and recreation, Nolan Hill offers a modern, family-friendly lifestyle that combines the best of both worlds – old and new. Take Sarcee Trail 1 km north from Stoney Trail and follow the signs. NOLANHILLUNITED.COM
front
estate st yle
from the $480s
from the $600s
collection
collection
H O M E S B Y AV I | M O R R I S O N H O M E S | S H A N E H O M E S | S T E R L I N G H O M E S T R I C O H O M E S | C A R D E L L I F E S T Y L E S | J AY M A N M O D U S
more space to
DREAM
Life offers something extra to those who dare to dream. So don’t settle for less, get more; like the large-sized lots offered at Watermark at Bearspaw. Custom or quick possession homes beginning at $1.2 Million. Showhome Hours are Tuesday to Thursday 12-6pm, Friday,
C
Saturday, Sunday and Holidays 12-5pm, Closed Mondays. B A
A. TYPICAL CALGARY ESTATE LOT 50’x 120’ | B. WATERMARK SMALLEST LOT 82’x 139’ | C. WATERMARK LARGEST LOT 200’ x 250’
To see just how BIG life can be in Watermark, visit one of our showhomes or visit
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DreamBiggerInWatermark.com
//ASK AN EXPERT
BRIGHTEN UP YOUR HOME FOR SPRING
Q&A
ASK AN EXPERT by HEATHER RYAN
Q&A
culling. In the winter Q: Do you have any advice on ways to brighten my home ASK ANsome EXPERT: by HEATHER RYANyou want to cocoon and add items to make the rooms feel cosy, but in the spring it’s time to feel décor for spring? freer by reducing the clutter. “Take away a few items along A: “Adding colours and bold patterns back into your the mantle or on tables,” Macdonald suggests. “Less is more.” environment is a great way to brighten your home for A more significant change in your home decor involves spring,” says Kal Macdonald, interior design supervisor for window treatments. “In the winter you want heavy draperies Shane Homes and Creations by Shane Homes. “You can to keep the warmth in, but in the spring you want to change simply add colours that pop with cushions, area rugs or even these out to white sheers or gauzy draperies to lighten the changing your lampshades to patterns and floral designs.” look and let the sun shine in. “Along the same line, why not repaint a room or an “I have white sheer draperies and I love opening the accent wall? You can infuse the feeling of spring with bright, windows in the springtime and letting them blow in the breeze.” fresh colours such as pale yellow, leaf green and lavender,” Finally, Macdonald says, add fresh-cut flowers with a Macdonald says. “You’d be surprised what a difference a new spring arrangement or “you can do monochromatic clusters coat of paint will make to your home decor.” in several smaller vases and arrange them along the A fun way to add colour to the home, especially with windowsill. Adding flowers reminds us of the growing Easter around the corner, is to do an egg colouring craft season to come and they smell like springtime.” project with the kids. “You can add a pop of colour in your If you have any home related questions, décor by displaying the eggs in bowls, plus it’s a fun craft to you’re invited to email them to Shane do with the family.” Homes through info@shanehomes.com. It’s also a good time to lighten up the decor by doing
Lots To Love About Beacon Heights in Sherwood ASK ABOUT TRICO'S ONE-YEAR BEST PRICE GUARANTEE & GRAND OPENING INCENTIVES! We have a wonderful selection of homesites available - from beautiful walkout lots, to sites located on a quiet cul-de-sac, to pie lots backing onto lush green space with a pond - ready to build the home of your dreams. We can also enjoy the convenience of an amenity-rich community, with established local schools, transit, recreational facilities and shopping, all within minutes of home. | We’re not just building homes…we’re creating lasting value.
Hurry into our showhome located at 221 Sherwood Heights NW.
m
*Some conditions apply. Ask your Area Sales Manager for more about Trico Homes Price Guarantee. E&OE.
FRONT GARAGE & LANED HOMES
•
DUPLEXES
•
TOWNHOMES & CONDOS
|
BUILDING IN 16 COMMUNITIES IN CALGARY & SURROUNDING AREAS
Homes that fit… your budget | Find out more at tricohomes.com
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 25
DATE:
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//IN THE NEWS
Trico Homes named an 11-time Canada’s best managed company Trico Homes was named one of Canada’s Best Managed Companies in 2014 for excellence in business performance. Sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums, the Best Managed award recognizes Canadian owned and managed companies with revenues of more than $10 million for sustained growth, financial performance, management practices and the efforts of the entire organization. Trico Homes has developed an enduring story and culture based on a profound and clear vision, combined with firm values that are deeply embraced and shared by the entire organization. Creativity, innovation and a culture of Ownership Thinking are integral to the success of Trico’s Vision. The company has a history of achieving ambitious corporate, financial and growth-oriented goals and notably advancing its commitment to creating value for stakeholders and the community. The founders’ desire to create a legacy company has driven Trico’s growth, philosophy and culture. Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs that recognizes Canadian companies that have implemented world-class business practices and created value in innovative ways. Applicants are evaluated by an independent judging panel on how they address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth. The staff and management couldn’t be more thrilled about this, Trico’s 11th consecutive year being recognized as one of Canada’s Best Managed Companies, and a Platinum member. “The Trico Homes’ team is proud, we are inspired, and we have an ambitious vision. Our company has worked hard to develop smart business practices backed by a strong leadership team and an elevated corporate culture, tools that are fuelling our success. It feels great to have a team that makes our business a recognized best managed company – again,” says Wanda Palmer, vice-president, marketing. 26 NEW HOME GUIDE | MAR 27 - APR 24, 2015
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Winners of the 2014 Canada’s Best Managed Companies award, along with the Gold Standard winners, Requalified and Platinum Club members will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on March 31. On the same date, the symposium will address leading-edge business issues that are key to the success of today’s business leaders. ABOUT TRICO HOMES Established in 1992, over the past 23 years Trico Homes grown and developed into a well-respected and successful builder. To date the company has built over 8,500 quality single- and multifamily homes in Calgary and the surrounding communities. Trico has an enviable history of creating residences and communities that enrich the quality of life of its customers, and their families. Their vision extends beyond home designs; it reaches into the communities they build in, and throughout their organization to our values, culture, processes and stakeholder partnerships. Trico’s team brings passion, collaboration, integrity, expertise and innovative thinking to every venture they are involved in. Trico Homes is recognized as an 11-time Platinum Member of Canada’s 50 Best Managed Companies and a nine-time member of Canada’s Best Workplaces - and that says a lot about the both company’s management and its culture.
›› OKOTOKSCOMMUNITIES NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
OKOTOKS AIR RANCH
2A YSTAL SH OR ES RD.
BANN
R.
ISTER CR GATE
ID GE D
NO RT HR
SANDSTONE DR. MOUNTAINVIEW GATE
338 AVE. E.
8
1
MILLIGAN DR.
OKOTOKS
549
CRYSTAL RIDGE GOLF CLUB
3 32 ST. E.
2A
WEST
370 AVE. E.
02 CIMARRON
DEVELOPER: Tristar Communities BUILDERS: Excel Homes, Trico Homes, Coco Homes, Timbercreek Homes, Westview Homes, Kunz Homes
03 DRAKE LANDING
DEVELOPER: United Communities BUILDERS: Lifestyle Homes, Sterling Homes, Prominent Homes
CIM
RO N TR A I L
2B
N
32 ST. E.
DEVELOPER: Bordeaux Developments BUILDERS: Baywest Homes, Sterling Homes, Wolverine Custom Homes
AR
CIMA
O RR
WESTLAND ST.
01 OKOTOKS AIR RANCH & RANCHERS’ RISE
4
SOUTHRIDGE DR.
WESTLAND ST.
2A
D R.
CIMARRON BLV D.
RI
DG E
LVD.
7
2A
04 WESTMOUNT
DEVELOPER: Prominence Development Corp. BUILDERS: Cornerstone Homes, Gramercy Homes, Carpenter Homes
08 MOUNTAINVIEW
(NOW OPEN) AT SANDSTONE DR. & MOUNT BURNS GREEN Apex Developments BUILDERS: Excel Homes, Sterling Homes www.mountainviewokotoks.com
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 27
NEW PHASE NOW AVAILABLE
Open your door to Drake Landing Discover an established, family-friendly community in Okotoks where you can build a new home with an awardwinning builder and open your door to nature preserves, parks and playgrounds. A new phase has just been released - act now to have your choice of home and lot and tour a showhome at the corner of Milligan Drive and Drake Landing Gate. Visit DRAKEUNITED.COM for builder information, lot maps and directions.
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LIFESTYLE HOMES | PROMINENT HOMES | STERLING HOMES
Starting from the $400s
E DR.
NOR TH RI
ELIZA BETH STR EET
DG
SANDSTONE DRIVE MOUNTAINVIEW GATE
OKOTOKS
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//INSIGHT
NEW HOME LANDSCAPING » by BRAD JACKMAN
I
t is important to understand that quality landscaping requires substantial investments of time and money. Thus having a budget and planning well are crucial. Landscaping your new home will require breaking your project into categories and allocating your budget accordingly. The first category should be your home’s hardscape. This includes major focal points of your yard, such as decks, retaining walls, patios, walkways and task specific areas such as fire pits and barbecue stations. Your hardscape will determine your yard’s function, boundaries and overall flow. This is done first in the project and will have a large influence on what is left in your budget to finish the yard. This is by far the most expensive part of your project, but it defines your home’s exterior. Your next category to consider is your landscape amenities. This will include irrigation, lighting and other nonessential options that make living in your home more comfortable and luxurious. Landscape amenities are typically installed
mid-project and can add great value and function. This category can get costly, and because it is somewhat nonessential, many people pass on investing into these options. Many homeowners describe these aspects of their yard as some of the most important additions they made. Landscape 360 has had good feedback regarding lighting and irrigation, and we feel it is important to consider if this fits into your new home landscaping budget. Your last category to consider is your softscape. This includes trees, shrubs, perennials, garden beds and turf. These horticultural elements bring everything together, create life, color, personality and create the overall vibe of your home. These options are essential and are done in the final stages of your project. There is a lot of variance in cost among your softscaping options. The cost of trees and shrubs vary depending on size and number. Garden beds can include decorative rock, mulch or be finished with fresh garden mix or Landscape 360. Professional Landscape Construction.
30 NEW HOME GUIDE | MAR 27 - APR 24, 2015
loam; therefore the budget can usually be accommodated. Turf is typically the most budget friendly part of your project and is usually a basic need for every new home. Addressing these categories separately will help you and your landscaper work within the budget. A strong plan and open communication will provide the foundation for a successful landscape project. A consultation with a reputable landscaper is the best place to start when planning your outdoor project. Here, you can essentially interview your landscape contractor and become familiar with their ideas, company procedures and overall vibe. Hiring the right professional landscaper is the most important step of your project. Do your research. Ask to see their portfolio, view their website, talk with previous clients and look into some of the products yourself. Most importantly, ask lots of questions. Landscape construction can be done very differently. Hire a company which uses quality equipment, utilizes the best products available and installs everything professionally. It is important to hire a company with extensive experience in the industry, and is a full service landscape company. Once you have selected a landscape professional, a conceptual landscape design can be established. This will allow the homeowner to help visualize their yard before construction begins. Professionally landscaping your property provides a sanctuary for your family, friends and pets. Landscaping improves your quality of life, increases the value of your home and adds a little personal flare to your home’s exterior. The key 403.452.0360 | landscape360.ca |
“ Professionally landscaping your property provides a sanctuary for your family, friends and pets.” to enjoyment and the longevity of your yard is quality craftsmanship. A locally owned and operated Calgary based company, Landscape 360 specializes in residential, estate and acreage landscape construction. Our philosophy is based upon professionalism, quality, trust and respect. Brad Jackman and Brian Smith lead a team of friendly, knowledgeable and hardworking staff.
like us on facebook MAR 27 - APR 24, 2015 | NEW HOME GUIDE 31
CHBA - Calgary Region
›› AIRDRIECOMMUNITIES 3
7
VETERANS BLVD
01 BAYSIDE ESTATES
VETERANS BLVD
DEVELOPER: Genesis Land Development Corp. BUILDER: Genesis Builders Group, McKee Homes, ReidBuilt Homes www.genesisland.com
02 WINDSONG
DEVELOPER: Mattamy Homes BUILDERS: Mattamy Homes
1ST AVE
03 REUNION 10
DEVELOPER: Hopewell Residential BUILDERS: Excel Homes, Sabal Homes, McKee Homes
EAST LAKE
04 KING’S HEIGHTS
DEVELOPER: Melcor BUILDER: Loreck Homes, McKee Homes, ReidBuilt Homes, Shane Homes, Homes by Avi, Innovations by Jayman www.kingheights.ca
NOSE CREEK
05 RAVENSWOOD
1 YANKEE VALLEY BLVD
YANKEE VALLEY BLVD
DEVELOPER: Qualico BUILDERS: NuVista, McKee Homes, Pacesetter, Broadview
06 COOPER’S CROSSING 2 NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
9
5
6 4
DEVELOPER: Westmark Holdings BUILDERS: McKee Homes, Trico Homes, Vesta Properties, Canterra Custom Homes, Crystal Creek Homes and Harder Homes, Lifestyle Homes
07 WILLIAMSTOWN 8
DEVELOPER: Vesta Properties BUILDERS: Vesta Properties
08 HILLCREST
Developer: Apex Developments Builders: Excel Homes, Shane Homes,Trico Homes hillcrestairdrie.com
09 SOUTHWINDS
Developer: Mattamy Homes Builders: Mattamy Homes
10 CANALS LANDING
Developer: Genesis Land Development Corp. Builders: ReidBuilt Homes, Mckee Homes, Crystal Creek Homes, Genesis Builders Group, Westview Homes
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 33
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//SHOWHOME REVIEW
Shane Homes creates impressive chef’s kitchen in Andorra II
IN KING’S HEIGHTS » by HEATHER RYAN
A
n impressive kitchen that offers a stunning array of features to delight any resident chef has visitors buzzing about Shane Homes’ Andorra in King’s Heights in Airdrie. The 2,078-sq.-ft. Andorra II is getting rave reviews from people who love the kitchen design “because it’s a perfect layout for anyone who loves to cook and entertain,” says Satwinder Notay, co-area manager with Belal Fouani. “The island is so impressive because of its size; you can comfortably sit four people at it and it’s a hub for entertaining. The kitchen flow is amazing, and people can really see themselves cooking in it. It has a great feel with built-in appliances and ceiling height cabinets; people love it so much they want us to duplicate it not just in the Andorra II, but in other models.” “They also like the main floorplan because it’s so refreshing with a huge dining
36 NEW HOME GUIDE | MAR 27 - APR 24, 2015
area across from the island in the kitchen so it’s great for serving meals and having the living room at the rear with the vaulted ceiling; it’s not your typical design so it really stands out,” Notay says. The Andorra II presents a dynamic entry with a wide-plank, richly-toned hardwood floor that spans much of the main floor and open rail on the stairs providing a view to the second floor above.
SHANE HOMES | Andorra II
The Andorra II presents a dynamic entry with a wide-plank, richly-toned hardwood floor that spans much of the main floor and open rail on the stairs providing a view to the second floor above. Adjacent to the entry are a mud/laundry room with a gorgeous marble-look tile floor and the garage entrance. The mud room flows into a large walk-through pantry loaded with built-in shelves to provide plenty of storage. The kitchen is a chef ’s dream with that expansive flat surface island highlighted by columns, an overhead arch and a curved breakfast bar. The cream-coloured granite countertops and a mosaic tile backsplash contrasts nicely with the dark cabinetry and stainless steel appliances giving it a timeless, elegant look. The counters along with the cabinetry also extend to the rear of the home providing extraordinary space and storage. The french door off the kitchen provides easy access to the rear deck, expanding your entertaining outdoors. Across from the kitchen, the dining nook is ideal for entertaining large gatherings and the space flows nicely into the living room that features a vaulted ceiling and a fabulous wall-centred linear fireplace surrounded in tile from floor to ceiling and flanked by windows. Going upstairs the spacious owners’ suite has a beautiful ensuite featuring a large granite-topped vanity, corner soaker tub, walk-in shower and huge walk-in closet. Down the hall are two generous sized bedrooms and a full bathroom with a privacy pocket door separating the vanity area from the tub and toilet allowing for multiple people to use the room at the same time. At the end of the hall a convenient wet bar is adjacent to the huge bonus room making it easy to grab drinks and snacks while enjoying movie nights with the family or entertaining friends during the big game. “The wet bar is a big hit with our buyers, especially the men, and people really like that the family room is so large because they can do so much with the space, and they love the vaulted ceiling and the built-in, wall-to-wall entertainment centre,” Notay says. Check out the Andorra II and Shane Homes’ other showhome, the 2,010-sq.-ft. Orion II, at 330 and 334 King’s Heights Dr. S.E., Airdrie, open Monday to Thursday, 2 to 8 p.m., and weekends noon to 5 p.m. For more information, call 403.536.2303 or visit shanehomes.com MAR 27 - APR 24, 2015 | NEW HOME GUIDE 37
Auburn Bay Gardens Developer: Carma Builders: Heartland Homes | Cardel Homes | Cedarglen Homes | Baywest Homes | Jayman MasterBUILT | Albi Homes | Morrison Homes
2 Copperfield Developer: Hopewell Residential Communities Builders: Broadview Homes | Coco Homes Sabal Homes | Stepper Custom Homes
17 AVEN
3 Cranston Developer: Carma Builders: Albi Homes | Beattie Homes | Cardel Homes | Cedarglen Homes | Trico Homes
Cranston Estates Showhomes: Corner of Cranston Ave.& Cranarch Rd. Builders: Albi Homes | Landmark Homes | Baywest Homes
4 WALDEN
MORE VOIR
HLAND DRIVE
DERSON ROAD
24 STREET
Showhomes: Walden Rise SE Developer: Genstar Builders: Shane Homes | Cardel Homes | Innovations by Jayman | Excel Homes Developer: Carma
EEK PARK
5 Mahogany
feel relaxed 6 McKenzie Towne Developer: Carma
ELGIN VILLAGE Showhomes: Elgin Meadows Green SE. Elgin Estates Park SE. Builders: Cardel Homes | Homes by Avi | Albi Homes | Heartland Homes
with all the space you need to get ready VILLAGE OF PRESTWICK Showhomes: Prestwick Blvd SE. Builders: Cedarglen Homes | Jayman MasterBUILT
7 New Brighton Showhomes: New Brighton Dr. SE. You’ll never have to fight for counter space again with Jayman Developer: Carma MasterBUILT’s His & Her ensuite. Morning routines are faster Builders: Beattie Homes | Cardel Homes | Cedarglen and more relaxing than ever with separate closets, counters, Homes | Morrison Homes | Heartland Homes | Homes by Avi tranquil space takes and storage for both of you. At night, this on new functionality with a separate soaker tub and luxurious shower with multiple shower heads for your comfort.
Experience the feeling at
Jayman.com/Feel certainty comes standard
38
AUBURN BAY
EVANSTON
MAHOGANY
SUNSET RIDGE
RIVIERA
JAMES McKE
TT VI
Showhomes: Mahogany Heath SE. Developer: Hopewell Builders: Jayman MasterBUILT | Sabal Homes | Stepper Custom Homes | Trico Homes
2 AVENUE
S
68 STR
14 STR
MEM OR
17 AVENUE
IVE DR
›› SOUTHEASTCOMMUNITIES IAL
17 AVENUE
A IL
GLENMORE TRAIL
HLAND DRIVE
9 DERSON ROAD
130 AV ENU E
B
W O
FISH CREEK PARK
L
AKE
2 AVENUE
Mc KENZIE
SHAWNESSY BLVD.
6
7
cLE
NE
LOR
06 McKENZIE TOWNE M
IL TRA
2
TR
3
8
AIL
SPRUCE MEADOWS HWAY
D OA
OF 5 QUIS NOTE: Map is just a graphic representation MARof areas of developments. See ad of a particular project for more details. SHERIFF KING STREET
JAMES McKE
TT VI
A
CL D. VO R BLV
EEK PARK
FOO T TR
1 CRANSTON AVE. SE
DEVELOPER: Genstar BUILDERS: Cardel Homes, Excel Homes, Homes by Avi, California Homes, Avi Urban DEVELOPER: Hopewell Residential BUILDERS: Jayman MasterBUILT, Sabal Homes, Stepper Custom Homes, Trico Homes, Homes by Avi ESTATE BUILDERS: Calbridge Homes, Morrison Homes, Homes by Avi www.mahoganyliving.com
IL
TOM TR BOT
24 STREET
DEE R
04 WALDEN
05 MAHOGANY
52 STREET
BARLOW TRAIL
MORE VOIR
DEVELOPER: Brookfield Residential BUILDERS: Albi Homes, Shane Homes, Cardel Homes, Cedarglen Homes, Trico Homes, Morrison Homes, Landmark Homes, Baywest Homes, Brookfield Residential RIVERSTONE OF CRANSTON BUILDERS: Albi Homes, Cedarglen Homes, Landmark Homes, Baywest Homes, Calbridge Homes, Brookfield Residential www.livecranston.ca
52 STREET
MacLEOAD TRAIL
ELBOW DRIV E
BLACKF OOT
TR
03 CRANSTON
Ma
y
16 AVENUE
16 AVENUE
SETON BLVD SE
4
DEVELOPER: Mosaic Townhomes: Brookfield Residential BUILDER: Mosaic Townhomes: Brookfield Residential
07 NEW BRIGHTON
DEVELOPER: Brookfield Residential BUILDERS: Shane Homes, Cedarglen Homes, Morrison Homes www.livenewbrighton.ca
08 CHAPARRAL VALLEY
DEVELOPER: Genstar BUILDERS: Cardel Homes, Jayman MasterBUILT, Innovations by Jayman, Cardel Lifestyles, Homes by Avi, California Homes
09 QUARRY PARK
DEVELOPER: Remington Corporation BUILDERS: Cardel Homes, Birchwood Properties, Albi Homes
10 LEGACY 10
01 AUBURN BAY
9
DEVELOPER: Westcreek Developments BUILDERS: Stepper Custom Homes, Albi Homes, Trico Homes, Excel Homes, Sterling Homes, Creations by Shane Homes, Innovations by Jayman, Calbridge Homes, Morrison Homes www.legacylife.com
DEVELOPER: Brookfield Residential BUILDERS: Brookfield Residential, Cedarglen Homes, Baywest Homes, Jayman MasterBUILT, Albi Homes, Morrison Homes, Discovery Homes, Innovations by Jayman www.liveauburnbay.ca
02 COPPERFIELD
DEVELOPER: Hopewell Residential BUILDERS: Excel Homes, Sabal Homes, Stepper Custom Homes
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 39
//IN THE NEWS
MORRISON HOMES
re-qualifies as one of Canada’s gold standard ‘Best managed companies’ for 2014 Morrison Homes is proud to announce its requalification as one of Canada’s 50 Best Managed Companies for the sixth year in a row. With this recognition, Morrison retains its
status of a Gold Standard member with the national award
program sponsored by Deloitte, CIBC, National Post and Queen’s School of Business.
“We are honoured to be recognized as a Best Managed
Company for six consecutive years,” says Dave Gladney, president and CEO of Morrison Homes. “ Achieving this level of business success wouldn’t have been possible without the culture of
excellence and customer care that permeates our organization. I congratulate all of our team members and industry partners for making achievement possible.”
Established in 1993, Canada’s Best Managed Companies is
the country’s leading business awards program and stands as a
ABOUT MORRISON HOMES
mark of excellence for Canadian-owned and managed private
Morrison Homes is a leading large volume
caliber of their management abilities and practices.
and Edmonton. As the first CHBA-Alberta
companies who have demonstrated business excellence in the
Applications are reviewed by an independent judging panel
that evaluates how companies address various business challenges; including new technologies, globalization, brand management,
leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.
The 2014 winners of the Canada’s 50 Best Managed
Companies award, along with Requalified, Gold Standard and Platinum Club members, will be honoured at the annual Best Managed gala in Toronto on March 31, 2015.
40 NEW HOME GUIDE | MAR 27 - APR 24, 2015
home builder with operations in Calgary Provincial Builder of the Year, the
CHBA-Calgary Region’s ten-time “Builder of the Year” and JD Power & Associates
recipient, Morrison Homes is known for its commitment to quality and customer
satisfaction. Founded in 1961, the company now builds single-family and multi-family homes in top communities in Edmonton and Calgary. For more information, visit morrisonhomes.ca
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41
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VISIT US
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manage and stay connected to your home. Control and automate your lighting,
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our single family homes. SALES CENTRE 11 & 15 LEGACY CLOSE SE SALES MANAGER ROBIN MACCULLOUCH D. (403) 475-2231
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SAT-SUN 12-5PM
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3/16/2015 4:19:01 PM
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43
//IN THE NEWS
Calgary – still one of the most affordable housing markets in Canada The state of Alberta’s housing affordability, while still generally positive, is being overshadowed by the effect of plunging oil prices on confidence in the market, according to the latest Housing Trends and Affordability Report from RBC Economics. The report, on the fourth quarter of 2014, indicates that home resales in the province plummeted during December and January, falling 35 per cent cumulatively following a strong summer and early fall. “We’ve also seen evidence of shaken confidence in Alberta’s housing market on the supply side with listings surging,”
44 NEW HOME GUIDE | MAR 27 - APR 24, 2015
says Craig Wright, senior vice-president and chief economist, RBC. “While we have yet to see this translate into widespread price declines, the earlier strong rate of property appreciation moderated substantially in Q4.” The RBC housing affordability measures, which capture the province’s proportion of pre-tax household income needed to service the costs of owning a home at market values, remained mostly unchanged in the fourth quarter (a decrease in the measure represents an improvement in affordability). RBC’s affordability measures for Alberta were stable for both two-storey homes (33.9 per cent) and condos (20.4),
while the measure for detached bungalows eased by 0.4 percentage points to 32.4 per cent. Affordability continued to be fairly attractive from a historical perspective and compared to other provinces. Housing affordability in Calgary actually improved in the fourth quarter of 2014, though cutbacks in the oil industry contributed to a drop in housing market confidence. RBC’s measures for Calgary fell 0.2 percentage points to 20 per cent for condos, 0.4 percentage points to 33.9 per cent for two-storey homes and 0.6 percentage points to 33.7 per cent for bungalows in Q4 2014.
BAN
FF
EN
UE
COACH ROAD
01 MYSTIC RIDGE
DEVELOPER: La Vita Land BUILDERS: Calbridge Homes www.mysticcalbridge.com
16 AVENUE
02 CURRIE BARRACKS
BOW TRAIL
MEM
ORI
13
2 ELBOW DRIVE
5
DEVELOPER: Legend Developments
06 CRESTMONT
DEVELOPER: Qualico Communities BUILDERS: Augusta Fine Homes, NuVista Homes
BLACK FOOT TRAIL
1
BUILDERS: Crystal Creek Homes, Empire Custom Homes, Avi Urban, Calbridge Homes, Core Properties, Jayman Modus, Slokker Canada West
05 SPRING VALLEY
17 AVENUE
10
37 STREET
17 AVENUE
SARCEE TRAIL
14 AVENUE SW
69 STREET
10 ELMONT BAY
BUILDERS: Westview Builders, Winwood Homes www.elmontbay.com
12 DRESSAGE IN SILVERADO
DEVELOPER: Qualico Communities BUILDERS: Baywest Homes, Augusta Homes
SOUTHLAND DRIVE
13 WESTLAND ESTATES
BUILDERS: Baywest Homes, WestView Builders www.westlandestates.ca
15 WEST GROVE ESTATES
ANDERSON ROAD
BOTTOM TR
NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
MACLEOAD TRAIL
GLENMORE RESERVOIR
24 STREET
BUILDERS: Prominent Homes, Crystal Creek Homes, Lupi Luxury Homes, Augusta Fine Homes, West Grove Estates
FISH CREEK PARK MCKEVITT JAMES
FISH CREEK BLVD
SHAWNESSY BLVD.
MA IL
TRA
12
SHERIFF KING STREET
D
OA
CLE
ET
37 STRE
162 AVENUE
S PRUCE MEADOWS HWAY
15
85 STREET
OLD
AV
14 STREET
16
6
CENTRE STR
›› SOUTHWESTCOMMUNITIES
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 45
PANORAMA ROAD
STONEY TRAIL
4 52 STREET
HARVEST HILLS
METIS TRAIL
MONS VALLEY ROAD
›› NORTHEASTCOMMUNITIES COUNTRY HILLS BLVD.
IN
GT
TR
AI
80 AVENUE
1
UR
IE
BL
VD
32 AVENUE
14 STREET
.
64 AVENUE
MCKNIGHT BLVD.
68 STREET
LA
64 AVE.
CENTRE STREET
N
2
CALGARY INTERNATIONAL AIRPORT NOSE HILL PARK
OH
L
FALCON RIDGE
SHA GAN
NAP I TR
AIL
ON
68 STREET
ER FO OT
DD
DE
BE
36 STREET
TR AI
L
5 COUNTRY HILLS BLVD.
16 AVENUE
16 AVENUE
NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
01 SADDLESTONE
04 REDSTONE
02 SADDLEBROOK
05 CITYSCAPE
DEVELOPER: Genesis Land Development Corp. BUILDERS: Genesis Builders Group www.genesisbuildersgroup.com DEVELOPER: MLC Land Company BUILDERS: Elite Homes, Pacesetter Homes, Trico Homes
46 NEW HOME GUIDE | MAR 27 - APR 24, 2015
DEVELOPER: Qualico Communities BUILDERS: Broadview Homes, NuVista Homes, Pacesetter Homes, Innovations by Jayman, Trico Homes DEVELOPER: Mattamy Homes BUILDERS: Mattamy Homes
HOMEBUYERS’ HELP//
Homebuyers’ Resource Section You love the home, see what you can afford! » Compare mortgage rates for your best deal
» Calculate your mortgage payments using the mortgage payment calculation chart
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 47
//HOMEBUYERS’ HELP
Calculate your mortgage payments CALCULATE YOUR MORTGAGE PAYMENTS MONTHLY PRE-TAX INCOME
DIVIDE BY 3
CHART FIGURE
AMORTIZATION AMOUNT
SPOUSE’S PRE-TAX INCOME
AFFORDABLE MONTHLY PAYMENTS
AMOUNT OF MORTGAGE DIVIDED BY 1,000
ESTIMATED MONTHLY TAXES & HEAT
TOTAL PRE-TAX INCOME
AMOUNT OF MORTGAGE (PRICE – DOWN PAYMENT)
AMORTIZATION AMOUNT
MONTHLY PAYMENTS
MORTGAGE PAYMENT CALCULATION CHART INTEREST RATES %
AMORTIZATION PERIODS 5 YRS
10 YRS
15 YRS
20 YRS
25 YRS
5.00%
18.84
10.58
7.88
6.57
5.81
5.25%
18.96
10.70
8.00
6.70
5.95
5.50%
19.07
10.82
8.13
6.84
6.10
5.75%
19.18
10.94
8.26
6.98
6.25
6.00%
19.29
11.06
8.39
7.12
6.39
6.25%
19.41
11.18
8.53
7.26
6.54
6.50%
19.52
11.31
8.66
7.40
6.69
6.75%
19.63
11.43
8.79
7.54
6.85
7.00%
19.75
11.55
8.93
7.69
7.00
7.25%
19.86
11.68
9.06
7.83
7.15
7.50%
19.98
11.81
9.20
7.98
7.31
7.75%
20.09
11.93
9.34
8.13
7.47
8.00%
20.21
12.06
9.48
8.28
7.63
8.25%
20.32
12.19
9.62
8.43
7.79
Follow these steps to see if you’ll qualify for a mortgage on your dream home
01 02 03
Calculate the combined monthly before-tax income of you and your spouse. Divide by three. This figure is the monthly payment you can afford to make on your home. Take the total price of the home and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.
48 NEW HOME GUIDE | MAR 27 - APR 24, 2015
04
Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most firsttime buyers take the 25-year amortization.)
05
Multiply this figure by the amount you need to borrow. Divide by 1,000.
06 07
Add to this your estimated monthly heating costs and monthly property taxes. If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream home.
» Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice andget pre-qualified.
Mortgage interest rates VARIABLE 6 month
1 year
2 years
3 years
4 years
5 years
ATB Financial
2.350
4.000
2.940
2.640
2.640
2.740
2.840
Bank of Montreal (BMO)
2.850
4.000
2.890
2.840
3.390
3.890
4.740
Bank of Nova Scotia
2.850
4.550
3.290
3.090
3.390
3.890
4.490
CIBC Mortgages
2.850
4.450
2.890
2.840
3.550
4.140
4.790
Canadian Western Bank
3.050
4.000
3.140
3.040
3.650
4.200
4.790
Canadian Western Trust
3.050
4.000
3.140
3.040
3.650
4.200
4.790
Effort Trust
-
4.450
3.450
3.600
3.700
4.600
4.950
Equitable Bank
-
-
3.140
3.140
3.700
4.440
4.740
First Calgary Financial
-
4.000
2.890
2.890
2.990
3.090
3.190
First National Financial
2.850
3.950
2.990
2.590
2.690
2.790
2.890
Home Trust Company
2.500
3.950
2.890
2.440
2.590
2.790
2.790
ICICI Bank Canada
3.050
-
3.150
3.650
3.640
3.690
3.690
Investors Group Trust
2.850
4.200
3.140
3.090
3.750
4.390
4.790
Laurentian Bank Canada
2.850
4.400
2.890
2.840
3.390
3.890
4.740
London Life
2.850
4.200
3.140
3.090
3.750
4.390
4.790
Manulife Bank
2.550
4.450
3.000
3.040
2.940
2.990
2.990
Manulife Trust
-
4.450
3.000
3.040
2.940
2.990
2.990
Meridian Credit Union
2.650
4.000
3.090
3.090
3.550
3.290
2.890
National Bank
2.850
4.400
2.890
2.840
3.390
3.890
4.740
Ontario Civil Service CU
3.000
6.000
3.090
3.040
3.500
3.040
3.290
President’s Choice Fin’l
2.850
6.190
3.190
2.840
3.490
4.040
4.440
Royal Bank of Canada
2.850
3.140
3.140
3.140
3.700
4.440
4.740
Servus Credit Union
-
4.000
2.890
2.840
3.390
3.890
4.740
Steinbach Credit Union
-
-
2.650
2.750
2.850
2.900
2.950
T-D Mortgage
2.850
3.140
2.890
2.840
3.390
3.890
4.740
Tangerine
3.000
-
3.190
3.240
3.490
3.690
3.790
Windsor Family C.U.
-
4.450
3.140
3.140
3.750
3.950
3.790
Your Neighbourhood C.U.
-
-
2.990
3.000
3.190
3.300
3.190
MORTGAGE TYPES
ALL MORTGAGES ARE OF TWO BASIC TYPES: CONVENTIONAL The buyer can borrow up to 80% of the purchase price or the value of the property, whichever is less. The buyer has to pay 20% down. A conventional mortgage cannot exceed 80% of the value of the property. INSURED OR HIGH-R ATIO: A buyer can borrow up to 95% of the purchase price or the value of the property, whichever is less. The down payment can be as low as 5%.
MORTGAGE OPTIONS
You can choose any of these mortgage options which fit into the two basic mortgage types. Lenders may even customize these options to suit your needs. OPEN MORTGAGE: Allows borrowers to repay all or part of the total amount of their mortgage at any time without penalty. Because of flexibility, this is ideal for borrowers who plan to sell their homes in the near future or who want to switch from a short-term mortgage at high interest rates to a longer term when mortgage interest rates fall. CLOSED MORTGAGE: Usually has the lowest interest rate available but lacks the flexible features of other mortgage options. A good choice for those who want the security of knowing their monthly payment is fixed for a longer term. Prepayment options are available but they are subject to conditions. PORTABLE MORTGAGE: Flexibility if borrowers move. Borrowers can take the mortgage to their new home or can transfer it (usually with the consent of the lender) to the purchaser of their old home. This is an attractive option if the rate on the existing mortgage is lower than current rates.
PREPARED BY CANNEX ON MARCH 4, 2015. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2015 CANNEX Financial Exchanges Limited. All rights reserved.
MAR 27 - APR 24, 2015 | NEW HOME GUIDE 49
//THE HOMEBUYING PROCESS
Helping new-home buyers through the typical construction process » by DONNA MOORE
DONNA MOORE
Executive Officer, Calgary Region Home Builders’ Association 403.235.1911 crhba.com
Spring is traditionally a busy time for people looking to buy either their first home or a move-up property. For those who have never gone through the process of buying a new home, it often leads to a number of questions about the construction process: How long will it take to build? In what order are things done? And when do you have to make final decisions about cabinets, fixtures, f looring and so on? New home builders are a great resource to help answer these and other questions that may arise during the homebuilding process. However, to help you further, below outlines a typical construction process. But keep in mind that this is a generalized description – your own builder may use a different approach. Also, note the process and schedule can be affected by the size and style of the house, construction techniques used, the amount of customized work being done, plus many other factors, so be sure to ask your builder for the specifics on your own home. Typically, before any construction begins, plans for your home are developed, finalized and submitted to the city’s building permit office for review and required permits are obtained. Construction begins with the foundation, so your house is staked out, the land is prepared and excavation is done with the footings being formed and poured. Utilities such as water, electricity, telephone and cable services may be brought in at this time. The foundation walls are erected and the foundation may be insulated and damp-proofed. Weeping tiles are installed and a city inspection of the foundation may be conducted before the outside perimeter is backfilled. At this time, you may be required by your builder to begin making your selections for interior finishings, such as type of flooring, tiles, cabinets, counter tops, paint, and so on. While it will be weeks before these items are needed, they are usually ordered early to prevent delays later. Next, exterior walls, interior partitions and the roof are assembled, framing and roofing is done and windows and doors are installed with the goal to “lock-up” the home as quickly as possible to protect it from the elements especially at this time of year when Calgary’s weather can go from sunny to snowy in hours.
50 NEW HOME GUIDE | MAR 27 - APR 24, 2015
Then, the basement floor is installed and electrical and plumbing services are roughed in, plus ducting for heating, cooling and ventilation is put in place. Don’t be surprised if another inspection is done at this time to ensure the home is being built according to code, plus electrical and plumbing inspections will likely be conducted as well. For the next several weeks, a great deal of work will happen inside and out, much of it at the same time and during this period of work, including insulation and drywalling. Another inspection may occur to ensure work has been done properly before the drywall is installed. Heating and cooling systems are installed, including fireplaces. Now the finishing touches begin as walls and ceilings are painted, flooring is laid, and cabinets are installed. Plumbing and electrical fixtures are put in, trim is applied, and interior doors are hung. Outside, siding, porches and decks, final lot grading and driveway and walkways are done. Several additional inspections may occur at this point. Finally, your builder will complete the final touches and clean up, and ask you to do a walk-through of your home with them to check for any deficiencies that may need to be addressed. Then any last-minute touch-ups will be done. On the date of possession, you will be handed the keys and now the home is yours. Both Canadian Home Builders’ Association (chba.ca) and Canada Mortgage and Housing Corp. (cmhc.ca) have excellent resources to help you through the process of building your dream.
Whether you’re renting or buying, finding your next home has never been so easy.
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MATCALGARY_SW-NHG Mag.indd 1
2015-03-16 11:19 AM