May 23 - June 20, 2014 Volume 17 Issue 6
ORION II SHOWHOME IN
inside this issue
THE PSYCHOLOGY OF MORTGAGE PRE-APPROVAL
001-NHCAL CVR_05-23-14_TL-FIN.indd 1
WORKING WITH THE RIGHT HOMEBUYING TEAM
PLANNING YOUR OUTDOOR SPACES
5/14/14 5:23:48 PM
TWO NEW SHOWHOMES NOW OPEN!
to e v o m r u o y e k a M in Airdrie
Front-attached garage homes starting from the low
$
400
’s*
TOFINO II SHOWHOME (L) - 2370 sq. ft.
COMMUNITY HIGHLIGHTS
FIESTA II SHOWHOME (R) - 1923 sq. ft.
■ Easy access to shopping, schools & medical clinics ■ Close to many parks, picnic areas & greenspace ■ Minutes from a variety of recreation such as Airdrie’s Recreation Centre & Woodside Golf Course ■ 20 minutes from Calgary & 15 minutes from Calgary International Airport ■ Close to CrossIron Mills Shopping Centre & Costco AIRDRIE
Yankee Valley Blvd
Hillcrest Way SW
Calgary
Highway 2
8th Street SW
Hillcrest Drive SW
Turn off for Yankee Valley Blvd
New Showhome Location:
Call Jeff or Belal for more info:
109 & 113 Hillcrest Drive SW,
403-536-2316
Airdrie
2 Calgary
N
Showhome Hours: Mon - Thurs: 2 - 8 PM | Sat, Sun & Hol: 12 - 5 PM *Prices include house, lot and GST. Subject to change without notice.
shanehomes.com 03
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NEWHOMEGUIDE.CA
Published by
enter before July 19th and you could win a
$20,000
grand prize* 20 anniversary it’s our
th
stylebration
and we’re giving you the gifts!
your new home + Sabal style a winning combination!
We’re kicking off our 20th anniversary year with a big thanks - more than 20,000 of them, to be specific - to all those who trust their most important investment to Sabal. There are lots of other perks too, like a $2,020 gift card** to use for home upgrades - because in our minds, every Sabal homebuyer’s a winner.
visit any uncommonly stylish Sabal show home in Calgary and area to learn more, or find details at sabalhomes.com/20years
it’s a whole year of Sabal innovation!
*No purchase necessary. Contest closes July 19, 2014. Some exclusions and conditions apply. See show home or sabalhomes.com/20years for complete contest details. **Promotion ends February 28, 2015. Some conditions apply. See show home or sabalhomes.com/20years for details.
†
† March 1, 2014 to February 28, 2015
contents
May 23 - June 20, 2014 || volume 17 issue 6
on the cover
p. 10
54 58
SHANE HOMEs
offers outstanding value in Airdrie’s King’s Heights in every issue
8
Editor’s note
columnists
42 52
Insight
Landscape luxury by Brad Jackman
Fundamentally Speaking
How to avoid your own moving horror story by Wayne Karl
Mortgage Mogul
Are you working with the right team? by Jason Eldridge
The Homebuying Process
Plan well for your outdoor spaces by Donna Moore
in the news
18
Dundee
34
Cedarglen
Developments
homebuyers’ help
14
Your First Home
26
Community Profile
32
Dundee Developments changing its name to Dream Development
Homes
Charity auction of Wellspring Calgary Showhome set for June 3
45 50 55
The psychology of mortgage pre-approval United Nolan’s Hill one of the fastest growing communities by Heather Ryan
Showhome Review
Shane Homes’ Andorra II popular with buyers by Heather Ryan
Tips and Tricks Spend versus save by Sara Duck
Your First Home
The value of homeownership still worth the wait: Genworth
omebuyers’ H Resource Section
Mortgage calculator and rate table
district maps 13 17 19 21 29 37 39 41 53
45
Airdrie Calgary
region east
Calgary region south
vice-president, wall2wall media
Northwest
editor-in-chief / director of content
Jacqueline Hill Susan Legge
Southeast
director of sales, national
Josh Heppner
Cochrane
senior sales manager, western canada
Edwin Rizarri
Northeast
art director
Tammy Leung
Southwest
editor
Okotoks
contributing editors
Wayne Karl Sara Duck Elisa Krovblit Lydia McNutt
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
Mihail Terentiev Manager of production
Bala Gnanapandithan national account manager, mediative
Paul Slizys
For Advertising inquiries please contact:
403.200.8462
For National Advertising inquiries call:
416.263.6783
42 26
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 2014 All rights reserved by New
Home Guide, Toronto, Ontario, Canada. 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.Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada.
Terms Advertisers, Editorial content are not responsible for typographical errors, mistakes or Âmisprints. 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@wall2wallmedia.com.
//EDITOR’S NOTE
Moving made easy Due diligence a must with this part of the homebuying process
W
hether you’re relocating from one coast to the other or moving to your first place out of your parents’ home, moving can be hectic, exciting and certainly stressful. But, relax. You can eliminate all of the anxiety associated with moving by taking control of the situation with confidence. If you decide to move yourself, book a moving truck well in advance from a reliable company that can help with some tips on moving as well as advice regarding the size of vehicle you will need.
If you decide to go with a pro, ask your friends and family to recommend a mover. Call at least three companies to ask about their services and then decide. Professional movers can do everything for you if you wish, from packing and unpacking, to disconnecting appliances and electronics, but of course there’s extra cost involved. Make sure you understand the terms of your agreement no matter what you decide, as well as any additional costs such as insurance and mileage fees, so you can budget accordingly. Happy moving!
SUSAN LEGGE
EDITOR-IN-CHIEF Wall2Wall Media Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge
Options, option, options There’s more than one way to buy your first home, and it’s important to take your time to plan your purchase well
B
WAYNE KARL
EDITOR Wall2Wall Media Wayne.Karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl
08 NEW HOME GUIDE | MAY 23 - JUN 20, 2014
uying your first home is an exciting experience. Years of saving, months of planning, weeks of searching and days of completing a purchase usually lead to countless hours of anticipation for newcomers to the process. For many, however, it can also mean trepidation. Relax, though, you’re not alone. Indeed, more and more first-time buyers realize the importance of preparing for their initial home purchase. According to the BMO 2014 First-Time Home Buyers Report, they’re taking not only additional time but also more thorough steps to better prepare:
» 30 per cent of first-timers expect parents or family to assist in their purchase » 61 per cent are making cutbacks to their lifestyle to facilitate better saving » 60 per cent say their homebuying timeline has been delayed While homeownership affordability is holding its own and interest rates remain low, increasing governmentimposed fees and other factors are contributing to rising prices in the new home category. With mortgage rates expected to slowly increase later this year, additional preparation to make smart, wise homebuying choices is essential for first-timers.
The Pinnacle of
LUXURY A Brand New Magazine Dedicated to High-End Properties in Calgary and Area The only magazine of its kind in Calgary, Luxury Living showcases high-end homes, condos and properties. This is your exclusive opportunity to establish your property as the pinnacle of affluent living. Pick up your FREE copy.
LINE AT BLE ON m AVAILA gary.co LivingCal Luxury
FE B-M AY
20 14
n legend Hometow
EN D R A N JAN S E COME COUTUR ARY TO CALG
EAT G THE GR ENJOYIN DECOR R OUTDOO
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TO BOOK YOUR ADVERTISING SPACE CONTACT: 2/6/14
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Melanie Gowans dd 1
May2014.in
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Brought to you by the publishers of
403.200.8462
melanie.gowans@wall2wallmedia.com
//cover story
Shane O Homes
offers outstanding value in Airdrie’s King’s Heights
» by heather ryan
10 New home Guide | may 23 - jun 20, 2014
utstanding value along with a wide range of models to meet a variety of lifestyles is luring new-home buyers to Shane Homes’ showhomes in Airdrie’s King’s Heights. “We have a great selection of home styles in King’s Heights, starting from 1,694 sq. ft. up to a large four-bedroom, 2,400sq.-ft. home,” says Satwinder Notay, co-area manager with Karen Kotchar, adding all the homes offer incredible standard features, stylish designs and numerous optional layouts. “What’s really attractive about King’s Heights is that it offers tremendous value to people,” she says. “You can get the same size home or larger for thousands less in Airdrie than Calgary, and people are starting to recognize that they can get a bigger bang for their buck and they’re just 15 minutes to Calgary.” Among Shane’s available models in King’s Heights is the Orion II showhome, a 2,010-sq.-ft. two-storey with front double attached garage. “It’s become one of our most popular homes and people love the functional, comfortable design and the decor is very warm and inviting,” Notay says. “We get lots of positive comments about the kitchen, which is perfect for those who
shane Homes | King’s Heights
…people are starting to recognize that they can get a bigger bang for their buck and they’re just 15 minutes to Calgary.
love to cook and entertain, and people love the main-floor office, the ensuite and the upstairs laundry room.” The Orion II opens to a beautiful entry featuring warm grey and white colours that are a perfect match to the greyish tile underfoot. The entry provides plenty of room to greet guests as well as space for a hall table or convenient bench and the open rails on the stairs adds to the bright, spacious feel. A short hall off the entry leads to a half-bath and a good size mudroom off the garage entry, while down from the entry, pocket doors open to an inviting home office. At the rear of the home, the large great room is warmed by plush carpet and a gorgeous wall-centred gas fireplace surrounded in a grey stone and framed in white moulding for a distinctive look.
The kitchen is eye-catching with its dark granite-topped countertops, adding a nice contrast to the white cabinets and large grey tiled backsplash. The expansive granite-topped island serves up great space for food preparation and the breakfast bar seating allows friends and family to gather around and socialize with the host. A corner pantry provides plenty of storage space. Adjacent to the kitchen is a large bumped out dining nook with windows on two sides and a glass door to the deck that allows in plenty of natural light. Upstairs to the left, you’ll adore the owners’ suite that offers space for king-sized furniture and a luxurious ensuite featuring dual sinks in a granite-topped vanity, corner soaker tub, granitetopped make-up area, separate shower and a large walk-in closet. Down the hall are two generous sized bedrooms for the kids, a full bathroom and a nice sized laundry room. At the front of the house the huge bonus room offers a relaxing space ideal for enjoying a movie night with the family. “We have a number of lots available in King’s Heights including pie-shaped and walkout,” Notay says. “People really like the community because it has an estate feel and it’s a very family-oriented community that’s close to all the amenities you want, such as parks and pathways and it’s within walking distance to the Kingsview Market, which has a grocery store, coffee shops, restaurants and services.” For more information on Shane’s models and lots available in King’s Heights, visit the Orion II or Andorra II showhomes 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., call 403.536.2303 or visit shanehomes.com may 23 - jun 20, 2014 | New home Guide 11
›› AIRDRIECOMMUNITIES 01 BAYSIDE ESTATES 3
7
VETERANS BLVD
VETERANS BLVD
DEVELOPER: Genesis Land Development Corp. BUILDER: Genesis Builders Group, McKee Homes, Coco Homes, Sovereign Homes www.genesisland.com
02 WINDSONG
1ST AVE
DEVELOPER: Mattamy Homes BUILDERS: Mattamy Homes
03 REUNION
DEVELOPER: Hopewell Residential BUILDERS: Excel Homes, Sabal Homes, McKee Homes
EAST LAKE
04 KING’S HEIGHTS
DEVELOPER: Melcor BUILDER: Jayman MasterBUILT, Loreck Homes, McKee Homes, Reid Built, Shane Homes
NOSE CREEK
05 RAVENSWOOD
1 YANKEE VALLEY BLVD
YANKEE VALLEY BLVD
DEVELOPER: Qualico BUILDERS: NuVista, McKee Homes, Pacesetter, Broadview
06 COOPERS CROSSING 2 NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
5
6 4
DEVELOPER: Westmark Holdings BUILDERS: McKee Homes, Trico Homes, Vesta, Artigiano, Canterra Custom Homes, Crystal Creek Homes and Harder Homes
07 WILLIAMSTOWN 8
DEVELOPER: Vesta Properties BUILDERS: Douglas Homes, Talisman Homes, Vesta Homes
08 HILLCREST
Developer: Apex Developments Builders: Excel Homes, Shane Homes, Trico Homes hillcrestairdrie.com
MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 13
//YOUR FIRST HOME
The psychology of mortgage pre-approval 94 per cent of homebuyers say getting pre-approved reduced stress of looking for a home If you’re a first-time homebuyer, get pre-approved for a mortgage. This is the central message from a new report from BMO Bank of Montreal.
The report shows that for first-time homebuyers that were pre-approved for a mortgage, an overwhelming number of respondents (94 per cent) say they found themselves to be in a much better position to start looking for a home, and had a good sense of what they could afford. The poll also revealed that the majority of Canadians (92 per cent) currently looking to buy their first home plan to get pre-approved. “Seven out of 10 first-time homebuyers say when they walk into a home, they know right away if it’s the right house for them,” says Laura Parsons, mortgage expert, BMO Bank of Montreal. “Being pre-approved for a mortgage and knowing you have a mortgage with a guaranteed interest rate for a certain period of time while you are looking could mean the difference between landing your dream home, and settling for second best.”
The report also showed the following for those that had gone through the pre-approval process: » 5 9 per cent feel the pre-approval process was stressful »A lmost half (48 per cent) were worried they wouldn’t be pre-approved »H owever, after going through the pre-approval process, more than 87 per cent of respondents said it was simple; and » Th ree-quarters (79 per cent) said it gave them the freedom to look at homes without having to worry about financing “We want to provide advice to first-time homebuyers well in advance of their purchase in order to guide them to their potential, reduce outside debt and get used to the costs of owning a home with a down payment savings plan,” says Parsons. “Thinking about the preapproval process often brings out feelings of stress, often because of a misunderstanding of the process. With the right support and guidance from a financial advisor, stress can be significantly reduced and buyers are free to focus on choosing their perfect house.” BMO offers a number of products and services that can help first-time home buyers make a responsible home buying decision. For example, the BMO Home Buyers Guide provides advice and information designed to guide buyers through the process of financing, choosing and purchasing a new home. For more information, visit bmo.com
14 New home Guide | may 23 - jun 20, 2014
double front-drive garage homes from the LoW
400s
$
Prices & terms are subject to change without notice.
HillcrestAirdrie.com
15
16 NEW HOME GUIDE | MAY 23 - JUN 20, 2014
›› CALGARYREGIONEAST CHESTERMERE CHESTERMERE
NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
2
E
4
1
STRATHMORE
3
CHESTERMERE 797 22X
RIDDIS
UILDERS: Prominent Homes B Douglas Homes, Klair Custom Homes Prominent Homes, Mapeland Homes
LAKEPOINTE
2
BLACK DIAMOND
DEVELOPER: Mattamy Homes BUILDER: Mattamy Homes Sales centre 400 Westpark Dr.
OKOTOKS
560
1 AV. N
RAILWAY AV.
2 AV. S
1 AV. S
2
DEVELOPER: Hanson Park Developments BUILDERS: Canaco Homes Ltd, Ovation Homes Ltd, Stepper Custom Homes Ltd, Douglas Homes
STRATHMORE T HE RANCH IN STRATHMORE
DEVELOPER: United BUILDERS: Lifestyle Homes
WILDFLOWER RANCH IN STRATHMORE
DEVELOPER: Cancorp Property Group Inc. BUILDERS: Carpenter Homes, Paradyme Homes, Aquilla Homes and Canterra Custom Homes
LYALTA 03 T HE LAKES OF MUIRFIELD
ULM ST.
McCANN ST.
CENTRE ST.
RAILWAY CR. RAILWAY AV.
CRILLY CL.
DOUGLAS AV.
3 ST. E
2 AV. N
HANSON WAY
LAGDON ODDFELLOW HALL
COLWELL ST.
NEWTON ST.
2 AV. N
WENSTROM CR.
DEVELOPER: Harmony Park BUILDERS: Stepper Custom Homes, Carpenter Homes
02 H ANSON PARK
WELSHIMER CR.
LANGDON PARK
WHITNEY ST.
COPELAND AV.
COWAN ST.
MAIN STREET LAGDON VANDERVELDE PL.
COPELAND AV.
ANDERSON AV. WILSON RD.
BOTSFORD ST.
BARBER ST.
THOMAS ST.
LANGDON SCHOOL
LLOYD CR.
WILSON RD.
CENTRE ST.
BRANDER AV.
HENDERSON BY. HENDERSON RD.
HENDERSON CL.
NESBITT AV.
MCDOUGALL ST.
BESSE AV.
1AV.
TRAIL NESBITT CL.
MOE AV.
McKINNON ST.
GLENMORE
HANSON DR.
TRAIL
01 B OULDER CREEK
797
HANSON HOLLOW
HIGH RIVER
RAILWAY AV.
RGE RD 27
22
LANGDON
2A
543
DEVELOPER: Pollyco Developments BUILDERS: Stepper Custom Homes, Canterra custom homes, Sterling Homes, Lifestyle Homes, Douglas Homes, Westridge Fine Homes, Broadview Homes
04 B UFFALO HILLS (coming soon)
HERITAGE POINTE
ARBOGAST ST.
VALLEY
DEVELOPER: Melcor BUILDERS: Homes by Avi, Albi Homes
KINNIBURGH
LANGDON 22X
WESTMERE
DEVELOPER: Melcor BUILDERS: Landmark Homes, Lifestyle Homes, Reid Built Homes
SHORES ON WESTMERE
1
CALGARY
DEVELOPER: Truman Developments BUILDER: Jager Homes, Lifestyle Homes, Beattie Homes, Lionsworthe Homes, Douglas Homes
1
UILDERS: Douglas Homes, Today’s Homes, B Ribero Homes and Compass Rose Homes
MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 17
//in the news
Dundee Developments to become
Dream Development
Dundee Developments announces two Dream elements into the Calgary housing market: the new Dream Development name and a Dream Celebration Contest to win $50,000. Dundee Developments, the developer of Montrose in High River and EvansRidge in Calgary, has announced that it changed its name to Dream Development, effective May 12, 2014. In conjunction with this exciting news, the company is kicking off a contest with a prize of $50,000 cash. The contest runs from May 12 to Oct. 31, 2014. Complete contest details can be found at dream50k.ca The Dundee Developments group, soon to be Dream Development, has built west side communities for more than 30 years in Calgary starting with Woodbine, Richmond Hill, Springside, West Park, Wentworth, Wentworth Glen, Wentworth Estates, the Willows of Wentworth and Castle Keep. EvansRidge, its first northwest community, is building out and 18 New home Guide | may 23 - jun 20, 2014
maturing quickly, and the community of Montrose in High River was the recipient of Community of the Year – Calgary Region in the 2012 SAM Awards. Dream Development is a division of Dream — a real estate investment, development and management company whose scope of business includes land development, housing and condominium development, asset management for three TSX-listed funds, investments in Canadian renewable infrastructure and commercial property management. The new name sums up what the company does, why and how it all has been an integral part of its culture, work and objectives since the beginning. Dream believes in its purpose: “Dream. Building Better Communities.” Winning $50,000 in the Dream Community Contest is a great way to kick off the rebranded company. ABOUT DREAM Dream is a real estate investment, development and management company. Their scope of business, which is larger and broader than most, encompasses land development and housing and condominium development, asset management for three TSX- listed funds, investments in Canadian renewable infrastructure and commercial property ownership both national and abroad. With $13.4 billion of assets, the company’s aim is to make stakeholders’ lives better – customers, colleagues, shareholders and the community.
Qualico 05-23-14 OUTSIDE.indd 1
2014-05-12 11:43 AM
LANED HOMES from the
$400’s
Qualico 05-23-14 INSIDE.indd 1
ATTACHED GARAGE homes from the
$460’s
SEMI ESTATE homes from the
$500's
2014-05-12 11:43 AM
›› CALGARYREGIONSOUTH 1A
NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
2
COCHRANE
STRATHMORE
1
1
CALGARY
CHESTERMERE 797 LANGDON
22X
22X
PRIDDIS
TURNER VALLEY
HERITAGE POINTE
BLACK DIAMOND OKOTOKS
2A
543 22
HIGH RIVER HIGHWOOD LAKE
DEVELOPER: WestView Builders BUILDER: WestView Builders
HAMPTON HILLS
BUILDERS: WestView Builders
MONTROSE
DEVELOPER: Dundee Developments BUILDER: Lifestyle Homes, Red Door Homes
PRIDDIS HAWKS LANDING
2
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
HIGH RIVER
BLACK DIAMOND RIVERWOOD
DEVELOPER: Riverwood Estates Inc. BUILDERS: Sheep River Homes, Woodmaster Homes
RIVERWOOD ESTATES
BUILDERS: Compass Rose Homes, Sheep River Homes
HERITAGE POINTE ARTESIA AT HERITAGE POINTE
DEVELOPER: Heritage Pointe Properties Inc. BUILDERS: Astoria Custom Homes, Albi Homes, Calbridge Homes www.liveatartesia.com
MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 19
OLD WORLD TRADITIONS. MODERN LIVING. 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.
townhome
l aned home
front garage
estate st yle
from the $300s
from the $350s
from the $450s
from the $600s
collection
collection
collection
Find your place in Calgary’s Northwest. Take Sarcee Trail 1 km north from Stoney Trail and follow the signs. Visit NOLANHILLSHOWHOMES.COM for builder information, lot maps and directions. HOMES BY AVI | MORRISON HOMES | SHANE HOMES STERLING HOMES | TRICO HOMES | JAYMAN MODUS | AVI URBAN
collection
rth
S
NEY TRAIL TO
Y NTR COU
1
HILLS BLVD. DD
DT RA IL
HN
LA UR
IE
NOSE HILL PARK
GT ON
64 AV
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14 STREET
AVE NU E
18 16 AVENUE
ROAD
BOW TRAIL
Developer: Birchwood Properties
02 ROYAL OAK Builders: Birchwood Properties DEVELOPER: Birchwood Properties BUILDERS: Properties Hanson Ranch 10 Birchwood
17 AVENUE
37 STREET
05 NOLAN HILL SARCEE TRAIL
DEVELOPER: Genstar BUILDERS: Homes by Avi, Cardel CityLife Homes, 9Landmark, Excel Homes, Showhomes: 2003 20th Ave. Arcuri Homes
69 STREET
NOTE: Map is just a graphic representation of areas of developments. 17 AVENUE See ad of a particular project for more details.
01 PANORAMA HILLS
BUILDERS: Astoria Custom Homes, Hyatt Homes, Laratta Homes, Mckinley Masters Custom Homes
13 WATERMARK AT BEARSPAW
DEVELOPER: Macdonald Development Corporation BUILDERS: Astoria Homes; Albi Homes, Trickle Creek Homes, Wolf Custom Homes www.watermarkatbearspaw.com
14 EVANSRIDGE
DEVELOPER: Dundee Developments BUILDERS: DS Homes, Homes by Avi, Genesis Builders Group, Landmark Homes, Morrison Homes, Innovations by Jayman, Westview Builders, Stepper Custom Homes, Calbridge Homes, Excel Homes
15 ROCK LAKE ESTATES
DEVELOPER: Decker Management BUILDERS: Ashton Custom Homes, Crystal Creek Homes, Lupi Luxury Homes
17 SHERWOOD
85 STREET
COACH
IN
CENTRE STREET
JO
DEVELOPER: Melcor BUILDERS: Shane Homes, Reid Built Homes, Landmark Homes, Homes by Avi
12 BEARSPAW WILLOW CREEK BE
AI CH IL
DEVELOPER: Genesis Land Development Corp. BUILDERS: Genesis Builders Group, Passion Homes, Reid Built Homes, Today’s Homes www.genesisbuildersgroup.com
11 VALLEY POINTE ESTATES
TR
SA RC EE
SH AG ANNAPI
TR AIL
DR IV E
N OS EH
I LL
RAIL YT S TONE Y TRAI L
STO NE
CR OW
O
EST HILLS
D
3
RV HA
TRAIL EE SAR C
PANORAMA ROAD
ROCKY RIDGE ROAD 12 COULEE MILE ROAD
9 A
8
RO
BEARSPAW ROAD
EY
NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
BANFF
AIL
5 Kinkora Glen Rd. NW
16
OL D
llside Estates
scany Estates Rise NW ma ark Homes | Albi Homes
17
2
11
erwood Crescent NW
14 10
L
13
ghts
SYMONS VALL
ROCKY B
15
esis Development Corp. ic Homes
gulf Cidex Homes/Intergulf Cidex
128 AVE.
6
COUNTRY HILL S BLVD. LV R ID GE D
28 Sherwood Blvd.
4
AIL TR
12
5
PI AP
1A
10 SAGE MEADOWS
144 AVE. NW
AN AG SH
HW Y
WOODLAND ROAD
›› NORTHWESTCOMMUNITIES
DEVELOPER: United Communities BUILDERS: Homes by Avi, Morrison Milano Homes,11 Shane Homes, Sterling Showhomes: Panatella Hill NW Homes, Today’s Homes,99Trico Homes, Trico Homes Creations byBuilders: Shane Homes, Jager Homes www.nolanhillunited.com
DEVELOPER: Melcor BUILDERS: Shane Homes, Homes by Avi, Genesis Builders Group
18 MOUNT PLEASANT
BUILDER: Landmark Homes www.landmarkgroup.ca
06 BEACON HEIGHTS Showhomes: Hidden Creek Blvd. NW 03 EVANSTON DEVELOPER: Intergulf Cidex Developer: Cedarglen Homes | Cardel Homes
esis Land Development Corp. | x Developments on Homes | Majestic Homes | Homes | Centrex Homes
DEVELOPER: Qualico Builders: Genstar BUILDERS: Broadview, NuVista, Trico Homes, Pacesetter Homes, Sterling Homes, Jayman MasterBUILT
04 SAGE HILL
BUILDERS: Excel Homess, Trico Homes, Morrison Homes, Discovery Homes, Baywest Homes, Homes by Avi
BUILDER: Trico Homes, Intergulf Cidex
08 KINCORA
DEVELOPER: Melcor BUILDER: Excel Homes
09 EVANSVIEW
DEVELOPER: Genstar BUILDERS: Cardel Homes, Acuri Homes
MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 21
Was that the 3rd or 4th lap?
2013 2012/ ARD
W SAM A
ER WINMN Y UNIT COM he year of t
lose yourself in the perfect daydream
With 46 acres of parkland, connected by 5 kilometres of paved pathways, Watermark at Bearspaw is a community built for savouring the moments that really matter. Named Canada’s best community, two years in a row – Watermark features estate lots from one quarter to one acre and unparalleled amenities for the family. It’s a place where coming home means leaving the everyday behind.
Custom and Quick Possession Homes starting at $1.2 Million.
LoseYourselfInWatermark.com
You’re Ready FIRST HOME, HERE YOU COME... Your first home is more than just a floor plan and some finishings. It’s your mark in this world, and a haven from it. It shows you’ve finally grown up. You can do what you want, whenever you want. | Trico understands that. We’re here to help guide you through the decisions that will match the perfect home to your specific needs. And, because we know your first home will one day be someone else’s, we’ll ensure the choices you make today, are the right decisions for tomorrow. | We’re not just building homes… we’re building independence.
BUILDING IN 15 AMAZING COMMUNITIES IN CALGARY & SURROUNDING AREAS Homes that fit… you | Find out more at TricoGetsMe.com
22 NEW HOME GUIDE | MAY 23 - JUN 20, 2014
DATE: 6 May 2014
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MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 23
//ask an expert
Q&a
A Northwest Community
ask an expert by HeatHer rYan
Helpful tips on spring Home maintenance Q: What needs to be done for spring and summer maintenance on our home? A: While doing your spring cleaning inside, don’t forget about the outside of your home. You can start by checking your property for debris and settlement that can occur over the winter. “One of the most important things, especially for those with a new home, is the grade around the home may need to be Moving Day brought up in height,” says Ron Heggs, director of special projects for Shane Homes. Has A Whole New Meaning He explains the ground often settles with new homes and When You've Won $50,000. with spring rains, homeowners should check the ground around the foundation of the house to make sure the grade drains away When you purchase your new home between from the home and to fill any holes that may have developed May 12 and October 31, 2014, you will be from this winter’s heavy snowfall. entered for a chance to win $50,000 cash!* As well, make sure the eaves and down pipes are clear of debris so rain water can drain properly and that down pipes are down so water funnels away from the foundation of the house. Also, check the pipes and replace any that have been flatten or broken over the winter. “Calgary’s weather is hard on decks,” Heggs says, but you can clean the dirt off your vinyl deck with warm water and a mild soap solution – he cautions using a pressure washer as it may damage the vinyl. If you have a wood deck you may have to look at possibly having to sand and re-stain it. Situated in vibrant Northwest Calgary, EvansRidge offers something for Also you can turn the main water valve back on for the everyone. From beautiful starter and move-up homes, to executive estate outdoor taps, so they’re ready when it comes time for watering homes, and everything in between. Choose from 9 trusted, reputable gardens and lawns. builders and several new phases to get you the home your family needs to If you have an air-conditioning unit clear away any debris grow. Bus service now available in EvansRidge. ASK AN EXPERT: by HEATHER RYAN from the outside unit before turning it on. “You can use the TOWNHOMES $ REAR LANE $ hose to clean the unit, but not a pressure washer, as it will GARAGE from the damage it,” Heggs says. from the Inside, homeowners should change the furnace filter and FRONT RIDGE $ $ clean their humidifier and turn it off for the summer, “especially GARAGE HOMES if they have air conditioning, because the air conditioner from the from the provides moisture and leaving it on can freeze up the air conditioner,” he says. NEW SHOW HOMES NOW OPEN Homeowners should also pour water down the basement Hours: Mon - Thur 2pm - 8pm, Sat, Sun & Holidays Noon - 5pm. drain if it hasn’t been done for a while and check dryer vents to Please visit our website for maps and addresses of our show homes. ensure they are clear of lint inside and debris outside. Shane Homes’ customers wanting more information can find a detailed schedule for year-round maintenance on www. shanehomes.com in MyHome or visit Shane Homes on youtube.com for informational home maintenance videos.
Q&A
340s
380s
480s
750s
403.245.3515
*No purchase necessary. Some conditions apply, more info at
www.dream50k.ca 24 NEW HOME GUIDE | MAY 23 - JUN 20, 2014
//Community profile
United’s Nolan Hill
one of the fastest growing communities » by heather ryan
N
ew homebuyers looking to make a home in one of Calgary’s fastest growing communities will discover even more choice of housing styles and lots this summer. Situated in northwest Calgary on more than 500 acres, United Communities is crafting the masterplanned community of Nolan Hill that will be releasing three more phases, launch a new multi-family project and open two new showhomes over the next several months. “We’re more than half-way through developing Nolan Hill and it has gone much faster than we expected,” says Steve LePan, marketing director with United Communities. “Sales are going
26 New home Guide | may 23 - jun 20, 2014
really well because people are attracted by the location being so close to Stoney Trail, our outstanding builders and the beautiful natural setting. “The response has been so good that we’re going to bring on three more phases this fall providing more variety of lots and housing styles for everyone from first time to estate-style home buyers,” LePan says. Homes by Avi and Trico Homes will open two new showhomes in the summer in Phase 4 offering front attached garage homes on zero lot lines. “This product aims at affordability for first-time buyers and takes over from the lane home product they had in Phase 3,” LePan says.
Shane Homes also has front attached garage homes on narrow lots – the last in Phase 3 – also designed to provide a more affordable move up product to buyers. Meanwhile, Morrison Homes, Shane, Sterling Homes and Trico are selling move-up front attached garage homes and semi-estate homes on larger lots in Phases 5 and 11 priced from the $600,000s to the $800,000s with some walk-out lots available and all have showhomes open. “We’re also selling the semi-estate homes in Phase 6 that back onto green belt and environmental reserve,” LePan says. “Trico and Avi will be selling front attached garage homes on smaller 30- to
UNited Communities | Nolan Hill
Along with a great selection of housing styles, buyers are attracted to Nolan Hill’s old-world Irish charm highlighted by the castle-ruin structures at the main traffic circle entry and its tranquil natural setting of rolling hills and ravines.
32-foot lots in this phase. “We’re also pleased to have a new multi-family project, Sonoma at Nolan Hill, launching this fall by Vertical Properties, which created Sonoma in Sage Hill and they’ll start selling these townhomes out of their Sage Hill sales centre later this summer,” LePan says. This new project will join the multi-family townhome offerings already available in Nolan Hill – Trinity by Jayman Modus and The Post by Avi Urban. Along with a great selection of housing styles, buyers are attracted to Nolan Hill’s old-world Irish charm highlighted by the castle-ruin structures at the main traffic circle entry and its tranquil natural setting of rolling hills
and ravines. Nolan Hill also offers acres of greenspace, three beautifully designed wet ponds, a linear pathway system and parks. “And work will begin this spring on two new playgrounds within the community,” LePan says. An added attraction to Nolan Hill is the Symons Valley Ranch Farmers’ Market, which is a great benefit to the residents because it’s within walking distance, open year-round and offers family-friendly events. With the farmers’ market, retail centres at Beacon Hills and Creekside, both nearby, and CrossIron Mills mall a short drive away, residents have easy access to great shops, services, groceries and more. Of course, a major benefit to Nolan
Hill is its location. It’s close to several major routes including Stoney Trail, Sarcee Trail and Shaganappi Trail offering ease of access to downtown, the airport, points across the city and out-oftown to the foothills and mountains. For more information about Nolan Hill, visit the showhomes, open Monday to Thursday, 2 to 8 p.m., and weekends and holidays, noon to 5 p.m. or visit nolanhillunited.com may 23 - jun 20, 2014 | New home Guide 27
GETTING MORE FEELS GOOD. Innovations homes are built to give you more space without having to spend more money. When your home is that much bigger than you expected, the sky looks bluer, the sun seems brighter, and your TV seems, well…you might need a new TV.
SALES CENTRE 84 & 288 CHAPARRAL VALLEY MEWS SE
AUBURN BAY
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*Price of home, lot and GST subject to change.
GET MORE AT JAYMAN.COM/INNOVATIONS
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CHAPARRAL VALLEY
JAY-3503_7.5x10.5_ChaparralValley_MAY8.indd 1
VISIT US
KING’S HEIGHTS
LEGACY
REDSTONE
RIVERSONG
SUNSET RIDGE
2014-05-12 2:00 PM
16 AVENUE
16 AVENUE
MEM OR
17 AVENUE
68 STREET
CE
14 STREET
32 AVENUE
IVE DR
›› SOUTHEASTCOMMUNITIES IAL
17 AVENUE
A IL
GLENMORE TRAIL
HLAND DRIVE
9 DERSON ROAD
130 AV ENU E
L Mc KENZIE
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Ma
2 AVENUE
6
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06 McKENZIE TOWNE CL D. VO R BLV
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SHAWNESSY BLVD.
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F IS O 5 of QUareas Rof NOTE: Map is just a graphic representati on of developments. See ad MA a particular project for more details. SHERIFF KING STREET
JAMES McKE
TT VI
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FISH CREEK PARK
BOT
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FOO T TR
1 CRANSTON AVE. SE
DEVELOPER: Genstar BUILDERS: Cardel Homes, Innovations by Jayman, 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: Baywest Homes, Calbridge Homes, Morrison Homes www.mahoganyliving.com
IL
TOM TR
24 STREET
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04 WALDEN
05 MAHOGANY
52 STREET
BARLOW TRAIL
MORE VOIR
DEVELOPER: Brookfield Residential BUILDERS: Albi Homes, Shane Homes, Cardel Homes, Cedarglen Homes, Trico Homes, Discovery Homes, Landmark Homes, Baywest Homes, Brookfield Homes RIVERSTONE OF CRANSTON BUILDERS: Albi Homes, Cedarglen Homes, Landmark Homes, Baywest Homes www.livecranston.ca
52 STREET
MacLEOAD TRAIL
ELBOW DRIV E
BLACKF OOT
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03 CRANSTON
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
10 LEGACY
DEVELOPER: Westcreek Developments BUILDERS: Stepper Custom Homes, Albi Homes, Trico Homes, Excel Homes, Sterling Homes, Creations by Shane Homes
10
01 AUBURN BAY
9
DEVELOPER: Brookfield Residential BUILDERS: Brookfield Homes, Cedarglen Homes, Baywest Homes, Jayman MasterBUILT, Albi Homes, Morrison Homes, Discovery Homes, Inspire by Jayman www.liveauburnbay.ca
02 COPPERFIELD
DEVELOPER: Hopewell Residential BUILDERS: Excel Homes, Sabal Homes, Stepper Custom Homes
MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 29
IT’S WHERE LIFE HAPPENS
A community is not just a place where you live. It’s a place where memories are made, experiences are shared, and people and families grow—together. That’s why we take pride in building communities that enhance your lifestyle with vibrant green spaces and convenient amenities. And what would a great community be without exceptional homes? In addition to carefully selected builders, Homes by Brookfield Residential provide you with the best places for all of life’s moment with spacious, functional residences thoughtfully designed from the inside out. With award-winning customer service and a commitment to creating the best experiences for our clients, Brookfield Residential is ready to welcome you home. Explore our homes and communities today.
Find your place at LiveBrookfield.com 30 NEW HOME GUIDE | MAY 23 - JUN 20, 2014
EXPLORE HOMES BY BROOKFIELD RESIDENTIAL TOWNHOMES WITH ATTACHED GARAGES Mosaic Riverstone from the $450’s Harvest Mosaic Cranston from the $250’s Muskoka Auburn Bay from the $250’s
Mosaic Mirage McKenzie Towne from the $250’s
SIDE BY SIDE LANED HOMES Cranston from the $320’s Auburn Bay from the $330’s
SINGLE FAMILY LANED HOMES Cranston from the $350’s Auburn Bay from the $370’s
SHOWHOME HOURS:
Monday - Thursday 2pm - 8pm, Friday* - Sunday, Holidays 12pm - 5pm *Brookfield showhome hours only
BrookfieldYYC MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 31
//showhome review
Shane Homes’
Andorra II popular with buyers
W
ith a stunning great room, gorgeous kitchen and a fabulous bonus room there are plenty of features to love about Shane Homes’ Andorra II showhome in New Brighton. “The Andorra II is very popular with our buyers,” says area manager Ron Kerr. “They love the design so much that people are duplicating the whole main floor or the second floor and mixing and matching the optional layouts and that’s one of the biggest benefits to the plan – they can make it suit their needs and budget. “It’s a great house and we get a lot of positive feedback from people, many 32 New home Guide | may 23 - jun 20, 2014
» by Heather Ryan come through more than once because they love the look and feel of the home; they really feel comfortable in it and it makes a lasting impression,” Kerr says. The 2,054-sq.-ft. Andorra II showhome presents a dynamic entry with a mixture of rustic looking engineered hardwood floor and wood spindles on the staircase “that give it a warm cottage feel,” Kerr says, but it also blends modern conveniences that buyers appreciate. At the rear of the home, an eye-catching kitchen serves up an expansive granite-topped island with spacious breakfast bar with spiral spindles that match the stair railing as its focal point. Other features to savour
include tall dark cabinets that stretch to the ceiling, an abundance of granite counter space and a white subway tile backsplash with decorative inlay. “People also like having the kitchen at the back of the home and the sink in the corner overlooking the backyard so they can watch their kids play,” Kerr says. A door off the kitchen leads to the back deck making it easy to barbecue and extends your entertaining outdoors, while the pantry in the kitchen allows for plenty of storage and you can walk through to the mudroom, laundry and garage entry. Across from the kitchen, is a spacious dining nook and “we always
Shane Homes | New Brighton
get people commenting on how much room there is for hosting large family dinners,” Kerr says. Shane put the word “great” in the great room by crafting a vaulted ceiling with gorgeous wood beams and a cantilevered, wall-centred fireplace surrounded in floor-to-ceiling tile and flanked by two large windows ensuring plenty of natural light. Heading upstairs at the front of the home, doors open to a private bonus room that grabs your attention right away with its well-designed wet bar with tile floor and wall-to-wall, built-in entertainment centre that offers up more than enough space for your big screen TV, electronics, storage and display items. “People love having the bonus room separate because mom and dad can close the door and watch TV without disturbing the kids and the other way around,” Kerr says, plus there is substantial space for furniture even being able to place a desk at the one end. “People also think the wet bar is perfect because it’s so convenient for getting snacks and drinks.” The large owner’s suite is a nice retreat with space for a king-sized bed and owners will adore the luxurious ensuite featuring a long granite-topped vanity with dual sinks, corner soaker tub, oversized glass walk-in shower and a large walk-in closet. There are two good sized bedrooms for the kids and they can share the main full bathroom with a granitetopped vanity. Shane Homes also has the 1,879-sq.-ft. Fiesta II showhome in New Brighton. The showhomes, at 815 and 819 New Brighton Dr. S.E., are open Monday to Thursday, 2 to 8 p.m., weekends and holidays, noon to 5 p.m. For more information, call 403.536.2307 or visit shanehomes.com may 23 - jun 20, 2014 | New home Guide 33
//In the news
Cedarglen Homes
Charity home auction
In February 2014, Cedarglen Homes opened the doors to the Wellspring Calgary Showhome at 183 Auburn Springs Blvd. SE, in the community of Auburn Bay. Cedarglen Homes built the showhome as a temporary location to help Wellspring Calgary spread awareness of their mission as well as offer programs and support for people impacted by cancer and their families. Cedarglen Homes is excited to announce that on June 3, 2014 at 6:30 p.m. (doors open at 5:30 p.m.), the showhome will be auctioned off and the full value of the sale will be donated to Wellspring Calgary. These funds will help the organization for years to come. We invite you to help us raise awareness and be a part of this unique opportunity on
We invite you to help us raise awareness and be a part of this unique opportunity on June 3, 2014 at the Wellspring Calgary Showhome. 34 New home Guide | may 23 - jun 20, 2014
June 3, 2014 at the Wellspring Calgary Showhome. Cedarglen Homes has been a member of Calgary’s building community since 1981 and is celebrating more than 30 years of building excellence. Since its inception, Cedarglen Homes has welcomed thousands of families into their new homes, and earned the designation of Master Home Builder and Customer Choice Award Winner for commitment to quality craftsmanship and dedicated service. For detailed information on specific promotion details per community or photography, please visit cedarglenhomes.com or contact Stephanie Miller, marketing coordinator, via email at smiller@cedarglenhomes.com or by telephone at 403.212.4357.
Sleek, modern, bold. Stylish urban architecture lives at Walden.
BayVieW 2 urban mOdErn
Tandem Bay fuSiOn craftSman
harmony EichlEr
Stoney Trail 201
Walden Dr
■ ■
2
Walden Close
Deerfoot Trail
Walden Gate
194 Ave
Walden Terrace
MacLeod Trail
2A
Walden Blvd Chap. Blvd
Chap. Dr
■
Walden Way
Built for real life. cardelhomeS.com
CGY-CMP-1178 Walden_NHG_June2014_7.5x10.5.indd 1
■ ■
great selection of homesites eclectic architectural styles unique urban-modern elevations extensive community shops and services Close to LrT and Fish Creek Park
Visit our sales centre. 24 Walden Way Se 403.984.9107 Prices subject to change without notice. E&OE.
arriVa 2 urban mOdErn
moVe-UP homeS
STarTiNg FrOM THe LOW
500s
$
iNCLudiNg LOT + gST
eSTaTe homeS
STarTiNg FrOM THe
550s
$
iNCLudiNg LOT + gST
Sales centre hours: Mon-Thur: 2 pm-8 pm Sat, Sun + Holidays: Noon-5 pm Closed Fridays 35
2014-05-08 2:13 PM
36 NEW HOME GUIDE | MAY 23 - JUN 20, 2014
›› COCHRANECOMMUNITIES RA
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01 HERITAGE HILLS
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
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DEVELOPER: Tamani BUILDERS: Innovations by Jayman, Sabal Homes, Jager Homes, Jayman MasterBUILT, NuVista Homes, Trico Homes
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 www.firesidecochrane.com
08 HEARTLAND
DEVELOPER: Apex Developments BUILDERS: Excel Homes www.heartlandcochrane.com
MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 37
RANGE RD 40
HORSE CREEK RD.
NG
1A
1A
PANORAMA ROAD
STONEY TRAIL
4 3
52 STREET
HARVEST HILLS
METIS TRAIL
MONS VALLEY ROAD
›› NORTHEASTCOMMUNITIES COUNTRY HILLS BLVD.
IN
GT
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NAP I TR
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ON
80 AVENUE
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32 AVENUE
14 STREET
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MCKNIGHT BLVD.
68 STREET
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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
DEVELOPER: Qualico Communities BUILDERS: Broadview Homes, NuVista Homes, Pacesetter Homes, Innovations by Jayman, Trico Homes DEVELOPER: Mattamy Homes BUILDERS: Mattamy Homes
03 SKYVIEW RANCH
DEVELOPER: Walton Development and Management BUILDERS: Creations by Shane Homes, Innovations by Jayman, Beattie Homes, Morrison Homes, Excel Homes, Shane Homes, Pacesetter Homes, Lionsworthe Homes
MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 39
CIC-CMP-1376.17-NEW HOME GUIDE - 7.5x10.5-FULL PAGE-JUNE 2014
SHOWHOME NOW OPEN
CHOOSE MODERN OR
TRADITIONAL STYLES
SKYLIGHTS
OVER 2,600 DEVELOPED BASEMENT SQ FT
WITH REC ROOM BEDROOM + BATHROOM
UPPER FLOOR LAUNDRY
OPEN GARAGE DOUBLE-DETACHED
CONCEPT
FULLY LANDSCAPED FENCED BACKYARD FROM THE
INTERIORS BY
$760s
NOW AVAILABLE IN
TOP INNER CITY
COMMUNITIES VISIT US ONLINE TO VIEW OUR CURRENT QUICK POSSESSIONS FEATURES MAY VARY PER MODEL. PRICING SUBJECT TO CHANGE. EO+E. ELEVATIONS MAY NOT BE EX ACTLY AS SHOWN.
Built for real life. CARDELHOMES.COM
Visit our showhome 3213 Kinsale Rd SW in Killarney 403.460.7596
BAN
EN
UE
7
FF
COACH ROAD
02 CURRIE BARRACKS
BUILDERS: Birchwood Properties, Crystal Creek Homes, Home by Avi, Empire Custom Homes, Mission Homes, Greenboro Estate Homes, Greenboro Luxury Homes, Evolution by Greenboro, and Avi Urban
16 AVENUE
05 SPRING VALLEY
DEVELOPER: Legend Developments
BOW TRAIL
MEM
ORI
13
07 PASKAPOO IN COUGAR RIDGE
2
DEVELOPER: Apex Developments BUILDERS: Excel Homes www.paskapooatcougarridge.com
BLACK FOOT TRAIL
ELBOW DRIVE
5
10
10 ELMONT BAY
BUILDERS: Westview Builders, Winwood Homes www.elmontbay.com
12 DRESSAGE IN SILVERADO
DEVELOPER: Qualico Communities BUILDERS: Baywest Homes, Augusta Homes
MACLEOAD TRAIL
GLENMORE RESERVOIR
SOUTHLAND DRIVE
13 WESTLAND ESTATES
BUILDERS: Baywest Homes, WestView Builders www.westlandestates.ca
15 WEST GROVE ESTATES
ANDERSON ROAD
BOTTOM TR
24 STREET
NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
06 CRESTMONT
DEVELOPER: Qualico BUILDERS: Augusta Fine Homes, NuVista Homes
17 AVENUE
37 STREET
17 AVENUE
SARCEE TRAIL
14 AVENUE SW
69 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
MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 41
//insight
Landscape Luxury Âť by Brad Jackman
W
ith the sun shining and trees and plants blooming to life, Landscaping may be at the forefront your mind. Landscape 360 would like to highlight a few ideas homeowners can contemplate to successfully launch their landscape project. Hiring a landscape contractor should be exciting and satisfying. However this can be a very discouraging time for some homeowners, unsure of where to begin, what you want it to look like and who to talk to. Have a plan. You can never call a company too early to plan for the following season’s project. Many landscape companies are limited in the number of jobs they can do in a season. Having a plan and beginning the process early can allow for your project to be started in the spring. With a variety of high quality products and many different design concepts, your
Landscape 360. Professional Landscape Construction. 42 New home Guide | may 23 - jun 20, 2014
Having a plan and beginning the process early can allow for your project to be started in the spring.
landscape design can be customized to complement any size and shape of property. Natural Stone is the highest quality material to use for landscaping. Serenity, timelessness, balance, beauty and function are all traits of natural stone. Natural stone can be used in almost all facets of landscape construction. Landscape lighting is a phenomenal way to enhance your outdoor space and bring your yard and nature to life. Lighting provides your space with energy, safety, balance and interest. The ambient glow of landscape lighting sets the mood for your yard. Custom irrigation systems are an excellent way to conserve water and reduce your yard maintenance. This will allow homeowners to maximize the amount of water their landscape requires. An irrigation system is a far more effective way to provide your yard the water it craves, as opposed to running the sprinkler for a few hours. Custom woodwork is one of many options to incorporate into your landscape. Decks, pergolas, fences, retaining walls 403.452.0360 | landscape360.ca |
like us on facebook may 23 - jun 20, 2014 | New home Guide 43
can all be built a number of different ways. Like most aspects of landscape construction choosing the right material is key. Your options include spruce, which can be used for decks and fences but is a lower grade lumber and typically requires a solid or semi solid paint or stain. Pressure treated is another great option, which is spruce or pine chemically treated with wood preservatives. This provides the lumber with protection from the elements and provides greater longevity of your wood. Pressure treated lumber is excellent for retaining walls and fences. Cedar is strongly recommended for decks, pergolas and privacy screens/walls. It withstands our climate and has an extraordinary natural beauty. Cedar needs to be treated with stain or oil to prevent the wood from turning grey. Cedar requires more maintenance than your other options but the sacrifice we feel is worth it. You should expect to stain your cedar deck every other year depending on sun exposure, traffic, pets and usage. Kayu is also an option for homeowners craving that high end deck. It is an exotic hardwood that is used
throughout the world on docks, ships and many high traffic areas. Kayu withstands all weather conditions and is a perfect complement to any landscape. Quality craftsmanship in woodwork is as important as the product you are choosing. Many landscape companies do not address all aspects of landscaping. Find a landscape company that will complete the task from start to finish and handle any subcontracting required. Remember that there are many different approaches to outdoor projects. The final result will fall between what you can plan and budget for and what your landscaper is capable of creating. When deciding which landscape company to hire, it’s beneficial to do your research. Ask to see their portfolio, view their website, and look into some of the products yourself. Most importantly ask lots of questions. Landscape construction can be done very different. Hire a company that uses quality equipment, utilizes the best products available and installs everything professionally.
Landscape 360. Professional Landscape Construction | 403.452.0360 | landscape360.ca | 44 New home Guide | may 23 - jun 20, 2014
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//TIPS AND TRICKS
Spend p vs.
Save
Just bought a new home and on a tight budget? Don’t fret! With expert advice from Toronto-based interior stylist Paul Semkuley, we show you where to spend and save your precious pennies for each room in your house. » by SARA DUCK
MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 45
BEDROOM SPEND Mattress & Box Spring | Approx $1,500 – $3,000 Although it is the least glamourous item to buy for the bedroom, it is the most important. A good mattress will make all the difference in getting your beauty sleep each night. “The mattress should last you at least 10 years,” says interior stylist Paul Semkuley. “Especially when you purchase it with the coordinating box spring – as it absorbs up to 50 per cent of the body’s impact.” Semkuley also suggests getting comfy and cosy in store by laying on it like you would normally sleep, to see if the mattress is a right fit. Whether you prefer a mattress that is firm, made of organic material or one that comes with a pillow top for extra comfort, buy the best one you can afford.
SAVE
1
2
Pssst!
3
TIP Don’t try to save money by using an old foundation or box spring with your new mattress. A mattress paired with its new box spring work together for all around better support, and keeps the mattress in shape longer.
4 1. Emmie Spets Sheet Set in White. $45. VISIT IKEA.CA 2. Seagrass Block Headboard. $200-$390. VISIT PIER1.Ca 3. Table Lamp. $70. VISIT BOUCLAIR.COM 4. Hemnes Three Drawer Chest in Gray-Brown. $150. VISIT IKEA.CA 46 NEW HOME GUIDE | MAY 23 - JUN 20, 2014
FACT A study conducted in the U.S., Canada, Mexico, UK, Germany and Japan found that a comfortable sleep surface and cosy sheets and bedding were rated the most important romantic elements in all six countries.
BATHROOM SPEND Vanity & Countertop | Approx $2,500 – $4,000 You may think this is an odd pick to invest your money in, but the vanity is a key item for the bathroom. Don’t forget you will be using the vanity every day, multiple times, opening and closing doors and exposing it to moisture. “The most important need of the vanity must be function,” says Semkuley. “Spending more on cabinetry that is made of solid wood will last much longer in a “wet” environment, than those made of a pressed wood compound.”
SAVE 1
Pssst! TIP Buy a vanity that is proportioned to your space. You may have room for a big vanity but little room for anything else.
2
FACT In 1890, the Scott Paper Company manufactured toilet paper on a roll, much as we know it today.
3
4
1. Heritage Aged Iron Chandelier by Hampton Bay. $99. VISIT HOMEDEPOT.CA 2. The Beverly Mirror by Tangerine Mirror Co. $80. VISIT HOMEDEPOT.CA 3. Fiona Bath Towels in Coral. $14. VISIT BEDBATHANDBEYOND.CA 4. Simply Fine Lenox Chirp Bath Ensemble. $50. VISIT BEDBATHANDBEYOND.CA MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 47
KITCHEN SPEND Free-Standing Range | Approx $2,000 – $5,000 Appliance shopping can be daunting – especially when you are deciding on a big purchase such as a free-standing range (hot plate on top, oven underneath). But this important appliance will make your cooking life easier if you spend a little more on a quality piece that is tailored to your needs. “Having a gourmet range will make a huge statement in your kitchen. It will definitely add value to your home while you live there and especially if you plan to sell your home,” says Semkuley.
1
SAVE
2
3
Pssst! TIP There are plenty of options out there when it comes to your range, such as gas, electric and induction. Determine which type you will use based on what you have available and your personal cooking preference. FACT A study conducted by Visa Canada suggests 60 per cent of Canadians eat out once or more a week.
4
1. Bodum Chambord Four Cup French Press with Locking Lid. $50. VISIT THEBAY.COM 2. Royal Doulton Gordon Ramsay Maze White Dinnerware. $100 FOR 16-PIECE. VISIT BEDBATHANDBEYOND.CA 3. Hamilton Beach 1.7L Dome Electric Kettle, $60. VISIT THEBAY.COM 4. Gourmet Settings Non-Stop Flatware. $50 FOR 20-PIECE. VISIT BEDBATHANDBEYOND.CA 48 NEW HOME GUIDE | MAY 23 - JUN 20, 2014
LIVING ROOM SPEND Sofa | Approx $3,500 – $5,000 The living room is the main hub of any home. It’s where you will do most of your entertaining and it’s the place you will go to snuggle and watch movies together. It’s important, then, that you invest in a sofa that not only looks good, but is comfortable, durable and functional for your space. Paying a little extra now, means a sofa that will last through the years. “When you have great bones in a sofa, you can always reupholster it, knowing that you will have the comfort that you have enjoyed for so many years,” says Semkuley.
1
2
SAVE 3
Pssst! TIP When sofa shopping,
look for a sturdy frame, one that does not wobble or creak but sits squarely on the floor. Also, pay attention to fabric detail – you want a fabric that will wear well for every day use.
FACT According to BBM Canada, the average Canadian adult watches 30 hours of television a week.
4
1. Bendale Rug. $134 FOR 5 X7. VISIT RONA.CA 2. Floor Lamp. $140. VISIT BOUCLAIR.COM 3. Box Frame Coffee Table in Mango Wood. $429. VISIT WESTELM.COM 4. Sequined Striped Pillow. $49. VISIT CHAPTERS.INDIGO.CA
PAUL SEMKULEY
Toronto-based interior stylist is the Principal of Re:Source Lifestyles – he combines his love of art, fashion and design to offer a unique styling and design firm. Visit resourcelifestyles.com MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 49
//YOUR FIRST HOME
The value of homeownership still worth the wait: Genworth Canada study
Highlights
According to a national survey commissioned by Genworth Canada, homebuyers are working harder and longer to save for a down payment and remain confident in the long-term benefits of buying a home. The annual poll, completed in conjunction with the Canadian
Association of Credit Counselling Services (CACCS), asked 1,507 Canadians questions about their financial well-being and preparedness. “Despite tighter mortgage qualification criteria over recent years, survey results point towards positive trends in homebuyer behaviour,” says Stuart Levings, chief operating officer of Genworth Canada. “With a stable economy and real estate market, Canadians appear to have more confidence in the value of homeownership and see their goals of homeownership and financial well-being as more achievable.”
Despite tighter mortgage qualification criteria over recent years, survey results point towards positive trends in homebuyer behaviour 50 New home Guide | may 23 - jun 20, 2014
Homebuyers are thinking more about smart home investing » 17 per cent say now would be a good time to buy a home, with a slightly higher proportion among first-time buyers (19 per cent ) » Up since 2013, two-thirds of respondents (64 per cent versus 58 per cent) feel that housing prices will increase in the next 12 months » Half expect to take one to two years to save for their down payment, with an increasing number (29 per cent versus 21 per cent) saying it will take three to four years » 53 per cent are worried they might miss the perfect house because they don’t have enough saved for the down payment » 67 per cent say their goal is to pay off their mortgage faster, up from 62 per cent in 2013 Homeownership is a valuable asset both financially and emotionally » Nine out of 10 people agreed that owning their own home gave them a greater sense of emotional well-being » Nine out of 10 people thought homeownership may mean more work To help get Canadians thinking about their financial well-being, Genworth and CACCS are launching a mobile version of the Financial Fitness Score tool. The tool helps people determine how well they are managing their finances and provides useful information that is based on their financial fitness level. The relaunched version now allows consumers to access the tool from any mobile device or platform. To find out your Financial Fitness Score visit financialfitness.ca
IN THE MARKET FOR A
NEW HOUSE
OR A CONDO?
We think finding a home is a lot more than simply finding the right property. That’s why we put you right in the middle of the search process.
Search your favorite neighbourhood
Find out about nearby services and amenities
View new construction projects and register to get the latest info
Visit the new real estate section on canpages.ca and start looking for that special place.
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//FUNDAMENTALLY SPEAKING
HOW TO AVOID YOUR OWN
moving horror story » by WAYNE KARL
WAYNE KARL
is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at
wayne.karl@wall2wallmedia.com
or follow him on Twitter at Twitter.com/WayneKarl
With that, the sordid tale ended. When buying a home, you likely will consult with a team of The job not complete, left for us to trusted professionals – a mortgage broker, lawyer, perhaps a realtor or builder sales associate and maybe a home inspector. move the furniture indoors, now the victims of one of the Top 10 scams Then, assuming you move ahead with your purchase, eventumonitored by the Better Business ally you will likely need a mover. Bureau (BBB). People often don’t consider a mover as an important “I could write a thesis on this,” John member of their team of professionals. However, given the Levi, president of the Canadian critical role they perform – taking possession, at least tempoAssociation of Movers (CAM) told me. rarily, of all your worldly goods and moving them without loss CAM offers consumers the or damage – it’s a function not to be taken for granted. Not following tips on how to avoid being doing your due diligence and taking the time to select a scammed by unscrupulous movers: reputable mover can invite untold problems. » Find reputable movers through the Case in point: the following example, which admittedly CAM, BBB or provincial governdoesn’t involve a new-home move, but the experience is all too ment consumer protection agencies common. So is the lesson learned – unfortunately, the hard way. » Ask three movers for estimates in I recently contracted a “professional” moving company to writing carry out a last-minute move of five pieces of furniture on » Get the terms and conditions in writing behalf of my son, a university student. For a variety of reasons, » Ensure your goods will be protected we decided to hire movers rather than rent a truck. for loss or damage After calling several firms – including large, well-known companies and smaller, independent ones – I selected a moving » Read customer reviews on movers’ websites and other forums company at the location where the pick-up was to take place. Drop-off would be about 125 kilometres away. “Consumers have recourse with We agreed on price ($350) and time (9 a.m.) – after I was their provincial government’s very clear the move would involve an out-of-town destination. consumer aff airs department and with All details were confirmed in a “contract” exchanged via email. the Better Business Bureau,” says Levi. The crew was on time for the move the next morning, but “Both of these avenues are fraught with almost immediately began talking about a higher rate – $360. difficulties and often take many Not a huge difference, but it immediately raised my suspicions. months to come to some form of I’ll spare you all the gory details, but it’s important resolution – satisfactory or otherwise. to share the lowlights of what happened next: And often, the mover simply out-waits » The company I originally contracted the job to the the consumer. night before was inexplicably unavailable to actually “It’s far simpler and more effective do the move the next morning, and apparently passed to engage a reputable mover in it off to another firm. advance rather than trying to fi x a bad » My original contact, who was easily available on cell situation after-the-fact.” phone repeatedly the night before, suddenly was My example, though painful and nowhere to be found. infuriating, is minor compared to » Once the truck was loaded, the fee increased to $450. other common horror stories involving » Upon arrival in Waterloo, the movers said the fee was similarly unsuspecting clients. $500. “It’s taking longer than we thought, and the Make sure you take the proper steps furniture is heavier.” – and the time – to protect yourself. » “Sure,” I said, “right after I call the police.”
52 NEW HOME GUIDE | MAY 23 - JUN 20, 2014
NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
OKOTOKS AIR RANCH
YSTAL SH OR ES RD.
BANN
R.
ISTER CR GATE
ID GE D
SANDSTONE DR. MOUNTAINVIEW GATE
338 AVE. E.
2A
NO RT HR
8
1 7
OKOTOKS
549
CRYSTAL RIDGE GOLF CLUB
MILLIGAN DR.
3 32 ST. E.
2A
WEST
370 AVE. E.
02 CIMARRON
DEVELOPER: Tristar Communities BUILDERS: Excel Homes, Trico Homes, Cedarglen Homes, Coco Homes, Today’s Homes, California Homes, Assured Homes
03 DRAKE LANDING
DEVELOPER: United Communities BUILDERS: Lifestyle Homes, Morrison Homes, Sterling Homes, Prominent Homes
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
6 4
SOUTHRIDGE DR.
WESTLAND ST.
2A
D R.
CIMARRON BLV D.
RI
DG E
CIM
49
›› OKOTOKSCOMMUNITIES
LVD.
7
04 WESTMOUNT
2A
DEVELOPER: Prominence Development Corp. BUILDERS: Cornerstone Homes, Gramercy Homes, Carpenter Homes
06 THE HILL IN WESTRIDGE DEVELOPER: Qualico BUILDERS: Sterling Homes
08 MOUNTAINVIEW
(NOW OPEN) AT SANDSTONE DR. & MOUNT BURNS GREEN Apex Developments BUILDERS: Excel Homes, Sterling Homes www.mountainviewokotoks.com
07 CRYSTAL RIDGE
DEVELOPER: United Communities BUILDERS: Sterling Homes, Baywest, Crossley Homes
MAY 23 - JUN 20, 2014 | NEW HOME GUIDE 53
//mortgage mogul
Are you working with the right team? » by JASON ELDRIDGE
As a first-time homebuyer, to say the task of purchasing one’s first home can be a little daunting could be putting it mildly. Making sure you are
surrounded by the right team of professionals can make all the difference from start to finish. So where do you start? Getting pre-approved for your mortgage financing is a critical first step. By doing so, you not only know what your purchasing power is, but you also have the knowledge of knowing your mortgage rates are going to be held for a minimum of 90 days, which will protect you if rates do go up during that time. As well, most realtors and or builders prefer if you have already been pre-approved for your mortgage. As soon as your mortgage pre-approval is in place, you will likely want to work with a realtor to help you find your first home. Based on your budget, the location, style, size and other requirements you may have for your future home, a real estate professional will be able to help you find the perfect place. They will also help you with the negotiation process that will undoubtedly occur with most purchase transactions. After the purchase price has been agreed upon by all parties involved, you may choose to get a home inspection done for your own piece of mind as part of the conditions of buying that home. By having a home inspection completed, you will know if your future home either require immediately, or will be subject to any costly repairs in the near future. Now that all of the conditions have been met as per your purchase contract, you will need to get property insurance. Speaking with the company that holds your car or life insurance may be an excellent start. If you are looking to see 54 New home Guide | may 23 - jun 20, 2014
if you can acquire better coverage at a lower cost, you may wish to seek the service of an insurance broker. Like a mortgage broker, they will shop your application to several different companies looking for the best price and coverage. Once you have negotiated a purchase contract, and have acquired a full approval on your mortgage financing, you will need to seek the services of a real estate lawyer. Like any professional, not all are created equal, so calling around or getting referrals from friends and family could be very helpful. Getting quotes, and finding out if they have time to work with you is very important as purchasing a home can be a time sensitive situation. Some lawyers offer an “all inclusive” fee for purchasing a home, while others may have a standard fee plus additional costs depending on the complexity of the purchase and the requirements of the financial institution providing the mortgage. By working with the right group of people to assist you with your first home purchase, you will find that if or when the time comes to sell and or purchase another property, you will be that more confident going through the process once again. As always, I welcome any questions or comments you may have regarding the information contained in my articles. Until next month…
Jason Eldridge
P.F.P, B. Admin Mortgage Specialist, Axiom Mortgage Solutions (formerly Unisource Mortgage) Cell 403.630.1718, Fax 866.708.5807 Email jason@axiommortgage.ca Web/apply online jason.axiommortgage.ca
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
may 23 - jun 20, 2014 | New home Guide 55
//homebuyers’ help
Calculate your mortgage payments MORTGAGE PAYMENT CALCULATION CHART
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
Interest Rates %
total Pre-tax income
amount of mortgage (price – down payment)
amortization amount
monthly payments
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.
56 New home Guide | may 23 - jun 20, 2014
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
2.700
4.000
2.940
2.890
2.990
3.040
3.390
Bank of Montreal
3.000
4.000
3.140
3.040
3.850
4.390
4.990
Bank of Nova Scotia
3.100
4.550
3.290
3.140
3.440
3.940
4.790
BMO
3.000
4.000
3.140
3.040
3.850
4.390
4.990
CIBC Mortgages
3.000
4.450
3.090
3.040
3.750
4.240
4.990
Caisses Desjardins
3.000
4.400
3.140
3.240
3.750
4.390
4.890
Canadian Western Bank
3.200
4.000
3.140
3.040
3.750
4.390
4.990
Canadian Western Trust
3.200
4.000
3.140
3.040
3.750
4.390
4.990
First Calgary Financial
-
4.000
2.890
2.890
3.190
3.390
3.290
First National Financial
2.500
3.950
2.990
2.590
2.790
2.870
3.190
FirstOntario Credit Un.
2.700
4.240
3.090
3.140
3.290
2.950
3.090
HSBC Bank Canada
3.100
4.450
3.600
3.950
4.450
4.990
5.340
Home Trust Company
2.500
3.950
2.890
2.890
2.790
2.940
3.090
ICICI Bank Canada
3.050
-
3.150
3.650
3.640
3.690
3.890
Investors Group Trust
3.000
4.200
3.140
3.140
3.750
4.640
4.990
London Life
3.000
4.200
3.140
3.140
3.750
4.640
4.990
Manulife Bank
2.700
4.450
3.000
3.050
3.100
3.190
3.240
Manulife Trust
-
4.450
3.000
3.050
3.100
3.190
3.240
National Bank
3.000
4.400
3.140
3.040
3.750
4.390
4.790
-
4.500
3.150
3.500
3.950
3.950
3.490
President’s Choice Fin’l
3.000
6.190
3.390
3.240
3.590
3.690
4.090
Royal Bank of Canada
3.000
3.140
3.140
3.040
3.750
4.540
4.940
Servus Credit Union
-
4.000
3.140
3.040
3.750
4.390
4.990
Steinbach Credit Union
-
-
2.700
2.800
2.900
2.950
3.200
T-D Mortgage
3.000
4.000
3.090
3.040
3.440
3.940
4.790
Tangerine
3.000
-
3.190
3.240
3.490
3.690
3.990
Peace Hills Trust
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-Ratio: 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 APRIL 29, 2014. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2014 CANNEX Financial Exchanges Limited. All rights reserved.
may 23 - jun 20, 2014 | New home Guide 57
//the homebuying process
Plan well for your
outdoor spaces » by Donna Moore
Donna Moore
Executive Officer, Calgary Region Home Builders’ Association 403.235.1911 crhba.com
As the weather warms, more homeowners turn their attention from indoors to outdoors, and consider projects they want to take on this spring and summer. Many people are looking at ways to turn their yard into an inviting outdoor living space and taking advantage of the sunshine by preparing garden beds, raking and mowing their lawns. Regardless of the size of your property, outdoor space can be enjoyed as an extension of your home – a place where you can get together with family, friends and neighbours and enjoy the sunny summer months relaxing on the deck or patio or hosting a backyard barbecue. With a little planning and a bit of hard work, you can turn your backyard into an attractive entertaining space or a private place for relaxation and enjoying nature’s beauty, while the front yard can present colourful gardens that add to your home’s curb appeal and the neighbourhood streetscape. Buying a new home provides you with the opportunity to develop your landscaping from the very beginning. Whether you want lush green lawns or zero maintenance landscaping you have a blank canvass to create whatever suits your lifestyle. New home builders in the Calgary region recognize the importance of creating a whole home atmosphere, inside and out. If you’re like many people who are looking to buy a new home this spring, you may be surprised to discover that there are several home builders that offer landscaping options or “packages” that include patios and decks, as well as planting trees and sodding front and even back yards. These landscaping options allow new homebuyers to finish the look of their homes so they can immediately enjoy all of the benefits of their purchase. Many local builders also have a network of professionals including landscape specialists, who they can recommend to their customers. Buyers can then deal directly with these specialists when it comes time to designing and creating their landscaping. Regardless of whether you plan to work with your builder, hire a landscaping specialist or do the work yourself there are some things to consider before you start your landscaping project. Good planning is the place to start, so make sure you develop a full vision of your entire outdoor space to avoid making mistakes even if you’re not doing all of the work right away. To begin, put together a wish list – those items that you have always
58 New home Guide | may 23 - jun 20, 2014
wanted such as gardens, ponds, waterfalls, patios, decks, fences and gazebos. Then review those items and compare them to the space you have. Think about what items will realistically work in the space – you may have to drop some items from your wish list if, for example, a waterfall and pond is just not going to work in the space. Once that’s done, consider what items you want done now and what can be phased in over time when budget allows. When planning landscaping projects, remember soil preparation and water control, particularly drainage, are crucial. Discuss with your builder items such as soil type on your property, landfill, foundation height and backfill around the house. It’s important to ask about drainage patterns, and consider the placement of eavestroughs and downspouts in your landscaping plan so that water drains away from your home. Also, consider other needs your design may have such as electricity for lights or a natural gas line hookup for the barbecue or an outdoor kitchen. Some popular trends in outdoor designs in recent years include roof structures, which allow you to enjoy the outdoors even during a rain shower, outdoor fireplaces that add warmth to chilly Calgary evenings and outdoor kitchens and living rooms that allow you to use the outdoors as an extension of the indoors. Remember whatever you choose for your landscaping be realistic and think about how much maintenance you are willing to, and/or are capable of, doing. Landscaping is an integral part of your new home, so explore your options thoroughly and remember to save some time to enjoy your creation.
059-Homes by Avi 05-23-14.indd 999
2014-05-13 11:42 AM
mattamyhomes.com
Romeo & Juliet Would Love It Here. Our balcony scenes in our communities aren’t quite as dramatic as Shakespeare’s beloved couple but you will find that balconies in our homes add much to the distinctive look of the community. They are a further example of the things we consider when master-planning a community. We want our streets to always be interesting and friendly. We want our homes to be unique and graceful. Come and see how easy it is to fall in love with our balconies.
Sales Centre Hours: Monday - Thursday 1pm-8pm; Friday 1pm-6pm; Saturday, Sunday and Holidays 11am-6pm
Follow us: All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.
060-Mattamy 05-23-14.indd 999
2014-05-14 5:19 PM