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contents AUG 12 - SEPT. 9, 2016 | VOLUME 19 ISSUE 9
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Building on its northeast success with Cornerstone
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28 Shane Homes
Galea impressing buyers with open design
32
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Tranquil setting, desirable amenities at Riverstone
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trending
45 Education
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Home Sales
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advice
14
Insight
Beautify your new home with landscape lighting by Brad Jackman
24 Calgaryism
The 5 biggest mistakes new-home buyers make by Cody Battershill
PRESIDENT, YELLOW PAGES NEXTHOME
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SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
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Getting good advice When you tell people you’re shopping for a place to buy, you’ll find almost everyone will want to share their own experience. Some will offer personal advice while others will frighten you with details about a “friend’s” disastrous experience. With so many variables, it can be hard to figure out what’s actually good advice. It’s always best to get advice from the experts, especially when it comes to buying a home. No matter what your Uncle Joe says, when you’re
equipped with the right expert advice for your situation, you can move forward by making confident decisions that are right for you and your family. Much of what you’ll want to know about the road to finding the perfect place is right here in this magazine. If you don’t find what you’re looking for, write to us and we’ll help get you an answer from one of our experts. Let us know how your search goes. We’d love to hear from you.
Land-use rules adding costs
Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl
The issue might be more pressing in Toronto and Vancouver, where housing affordabilty is more seriously challenged, but municipal land-use regulations are also having an impact here in Calgary. This, according to a new study from the independent think-tank the Fraser Institute. The Impact of Land-Use Regulation on Housing Supply in Canada cited Calgary, Toronto and Vancouver as the markets having the most negative impacts. The first of its kind in Canada, the study analyses the impact
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of construction approval times, timeline uncertainty, regulatory costs and fees, rezoning and the effect council and community groups have on development – on the growth of housing supply. Essentially, the longer the approval process, the more the growth of new housing is reduced, and the more expensive it becomes. Calgary and other parts of Alberta may not be in a construction boom at the moment, due to larger economic issues, but once normalcy returns, a quicker, more agile process would be welcomed.
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PANORAMA ROAD
STONEY TRAIL
4 52 STREET
HARVEST HILLS
METIS TRAIL
MONS VALLEY ROAD
›› NORTHEASTCOMMUNITIES 3
COUNTRY HILLS BLVD.
IL
5
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6
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68 STREET
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CALGARY INTERNATIONAL AIRPORT NOSE HILL PARK
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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
05 CITYSCAPE
DEVELOPER: Genesis Land Development Corp. BUILDERS: Genesis Builders Group www.saddlestonecalgary.com
02 SADDLEBROOK
DEVELOPER: Mattamy Homes BUILDERS: Mattamy Homes
06 SAVANNA IN SADDLE RIDGE
DEVELOPER: Genstar Development Co. BUILDERS: Cardel Homes, Homes by Avi, Excel Homes, Arcuri Homes
DEVELOPER: MLC Land Company BUILDERS: Elite Homes, Pacesetter Homes, Trico Homes
03 CORNERSTONE
DEVELOPER: Walton Development Coming soon www.liveatcornerstone.ca
04 REDSTONE
DEVELOPER: Qualico Communities BUILDERS: Broadview Homes, NuVista Homes, Pacesetter MATCALGARY_Banner – New Home Guide Homes, Innovations by Jayman, Trico Homes, Creations by MATCALGARY_AllSites FC Name: Shane Homes, File Shane Homes (Shane showhome toBCbeBanner_NHG_Mag built in spring) Trim: 6.75” x 1.5” Safety/V.O.: .25” Bleed: NA
mattamyhomes.com
Colours: CMYK
Due: 4/08/2015 Publication: New Home Guide DPI: 300 Built: 4/08/2015 - SS
FIND NEW FRONT-DRIVE DESIGNS AT CITYSCAPE & SOUTHWINDS (SEE BACK COVER)
AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 9
Property Profile | WALTON DEVELOPMENT AND MANAGEMENT L.P.
cover story
Walton builds on its northeast success with
LAUNCH OF CORNERSTONE BUILDING ON the overwhelming
success of SkyView Ranch, Walton Development and Management is adding another chapter in the story that is changing the face of Calgary’s northeast with the launch of its newest community of Cornerstone. “We’re really excited to continue in the New North with Cornerstone, one of the largest communities in northeast Calgary at over 1,000 acres,” says Kendra Milne, vicepresident of marketing. “Cornerstone will be located immediately east of our SkyView Ranch and we’re looking forward to building on its success. “Five distinct neighbourhoods will come together in Cornerstone (Gate, Park, Point, Ridge and View), and there will be five major access points into the community,” Milne says, noting that the community is bordered by Stony Trail to the north and east, 96 Avenue to the south, 60 Street to the west and Country Hills Boulevard will be integrated into the design. 10 YPNEXTHOME.CA
“Cornerstone will also have Calgary’s first major activity centre (MAC), which combines commercial, residential, retail and transit access in one centre,” she says. “It will create over 3,000 jobs and be adjacent to the next planned stop on the northeast LRT line. It will really be a major hub for a lot of activity in the northeast.”
The community, which is expected to be built over the next 15 to 20 years and be home to more than 30,000 residents, will also offer 180 acres of preserved natural wetlands, 14 km of regional pathways and Calgary’s first regional park in the northeast quadrant. Walton plans to host a community grand opening on Oct. 15, but has already launched presales in the
“We’re really excited to continue in the New North with Cornerstone, one of the largest communities in northeast Calgary at over 1,000 acres.”
Location
Cornerstone, N.E., Calgary (128th Avenue & 60th Street N.E.) Builder
Walton Development and Management L.P. Development
Cornerstone Home Type
Front drive garage, duplex, street-oriented townhomes, zero lot line and courtyard Sales Centre
28 showhomes in the various product types (Opening October 15, 2016) Contact
liveatcornerstone.ca
first phase in Cornerstone’s first neighbourhood – Gate – which will be at the heart of the community. Cornerstone’s Gate has 500-plus lots available in the first phase and offers new-home buyers a great selection of single-family housing styles – front drive garage, duplex, street oriented townhomes, zero lot line homes with front or rear garage, and a unique, new home style in its courtyard-style homes. “We’re thrilled about being able showcase these courtyard homes, which will be crafted by Jayman (BUILT),” Milne says. “It will be a very different style… a rear drive home with interior courtyard space, so buyers will have a lot of choice in the first phase. Eventually, Cornerstone’s Gate will offer a selection multi-family housing types and will be home to the MAC.”
Along with Jayman, builders in this first phase include Morrison Homes, Pacesetter Homes, Shane Homes and Truman Homes. The builders will also have showhomes available in the various product lines and the grand opening of all 28 showhomes will coincide with the community’s grand opening on Oct. 15. The architectural styling for Cornerstone is a modern take on the Prairie style with Cornerstone’s Gate also taking elements from the popular Modern style, which combined with a nice selection of colours will present an exciting streetscape. As the community progresses into the other four neighbourhoods, Milne says, each will feature the Prairie style, but also include modern elements from other styles such as Tudor and Craftsman. “The scope of the northeast has been changing in recent years making it a really desirable place to live,” she says. “People are choosing the northeast because it has so much to offer.” Cornerstone residents will be able to enjoy nearby schools, the LRT and shops, services, restaurants and more at CrossIron Mills mall, and have easy access to major routes such as Stony and Metis Trails. As well, the ever-growing industrial, commercial and retail opportunities around the airport for both employment and shopping are minutes away, with Peter Lougheed hospital and more amenities at Sunridge, Deerfoot City and in Country Hills within easy reach. To learn more about Cornerstone, visit the newly launched website, liveatcornerstone.ca AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 11
Highw Horse Creek Road
ay 1A
Hig hw ay 22
or $1,217/month*
›› COCHRANECOMMUNITIES RA
E
TW P
RD
261
SUNSET BLVD.
3
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1 4A VE N
D4 DR. GLE NHIL L
DR
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. TS DR GH ES GL EA EN AY W GL
.
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4
RD 42
DEVELOPER: Tamani Communities BUILDERS: Innovations by Jayman, Sabal Homes, Jayman MasterBUILT, Trico Homes
AN
DS
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04 RIVERSONG
HL
HE
W
NG
DEVELOPER: Melcor BUILDERS: Jayman MasterBUILT, Innovations by Jayman, Janssen, Calbridge, Landmark Homes, Excel Homes, Homes by Avi www.liveinsunsetridge.ca
NC
W
ER VIE
RA
03 SUNSET RIDGE
BE
RIVERHEIGHTS RISE
RIV
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www.jumpingpoundridge.com BUILDERS: WestView Builders, Kingsmith Homes
.
ILW AY ST. W.
ES DR.
GLENEAGL
VIE
IL
R RS T
E TOW
02 JUMPING POUND RIDGE
E GL EA
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NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
DEVELOPER: Harmony Park BUILDERS: Stepper Custom Homes, Trico Homes
t. E
.
22
01 HERITAGE HILLS
1S
W IE EV GL EA
FOX
1A BAIRD AVE.
.
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22
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6
GEORGE FOX TRAIL
43
2
8
RD
7
RIVER HEIGHTS DR.
9
05 MONTERRA ON COCHRANE LAKE DEVELOPER: Medallion Development Corp. BUILDERS: Prominent, Modena, Cornerstone, Brooklyn, Astoria Custom Homes
09 THE WILLOWS OF RIVER HEIGHTS
DEVELOPER: La Vita Land Inc. BUILDERS: Janssen Homes, Kingsmith Homes, NuVista Homes and Sterling Homes
06 WESTPOINTE ESTATES
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
AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 13
RANGE RD 40
HORSE CREEK RD.
NG
1A
1A
Insight
Landscape lighting By Brad Jackman LANDSCAPE LIGHTING is a phenomenal way to enhance your outdoor space and bring your yard and nature to life. Lighting provides your space with beauty, safety, balance and serenity. The ambient glow of landscape lighting sets the mood for your yard. You can create a tranquil private oasis or light up that outdoor room for entertaining. Landscape Lighting is very unobtrusive and when installed professionally and will not create an unwanted glow. When designing an outdoor lighting system, specific measures are taken to insure that your home will not feel like a light bulb everyone is staring at. Featured plant life, patios, garden beds, retaining walls, boulders, water 14 YPNEXTHOME.CA
features, architectural aspects of your home, pathways and decks can all be incorporated into your lighting design. Lighting designs can be customized to complement any landscape. The window of enjoyment for most yards in our climate is small; lighting brings life to your yard in all seasons and provides a calming atmosphere to your landscape which is utilized and enjoyed all year. Landscape lighting is installed as a 12 volt system. The installation of the wire for this low voltage system is relatively easy. The wire does not need to be buried two ft. as most outdoor electrical. In sections were the wire is running under turf, it needs to be deep enough to not
interfere with an aerator. When the wire is in all other areas, it should not be visible. All wiring is safe for pets and children and if tampered with will not be harmful. Each fixture runs off a main transformer, this supplies the powers source for each light. These transformers can be plugged into an outdoor socket or have their own power ran from inside. Transformers can be equipped with timers and photocells to allow for an automatic lighting schedule. Once the installation of your system is complete, there is very little maintenance to keep it operating. LED technology has brought many improvements to the lighting industry. It allows your system to run off extremely low power, and LED bulbs don’t need to be replaced for about 10 years. Your options for lighting include accent, pathway and spread, deck and patio, water and many specialty fixtures. It is exciting to explore the options for outdoor lighting. There are many ideas, styles and products and it pays to explore all your options carefully. 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 differently. Hire a company which uses quality equipment, utilizes the best products available and installs everything professionally. Landscape 360 is a full-service landscape construction company. Our philosophy is based upon professionalism, quality, trust and respect. A locally owned and operated Calgary based company, Landscape 360 specializes in residential, estate and acreage landscape construction. Landscape 360 Professional Landscape Construction 403.452.0360, landscape360.ca Like us on facebook AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 15
D
m ro* or y f l g tin 900 eek r a , St 259* bi-w $ 0/ 2 $5
%
75
L SO
Gateway townhomes in Williamstown
Spacious interior of Gateway townhome
An award-winning community featuring 8 distinct housing styles, 60 acres of protected green space, striking Craftsman streetscapes, and brand new Herons Crossing Elementary School. Limited selection of well-appointed 2 & 3 bedroom townhomes with room to grow. 3-STOREY TOWNHOMES WITH DOUBLE ATTACHED GARAGE BUY TODAY & MOVE IN TOMORROW!
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D
m ro* or y f ng 00 ekl i t ar ,9 e St 389* bi-w $ 0/ 8 $7
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Duplexes in Vesta Collection
Affordable luxury duplex home
Vesta Collection is a celebrated addition of Estate Laned Homes, Single Family Laned Homes and Duplexes to prestigious Cooper’s Crossing. With unmatched curb appeal, Vesta Collection provides a perfect opportunity for all buyers to live in Airdrie’s most desirable community without compromising space or quality. 3 BEDROOM + DEN AND 3 BATHROOM DUPLEX HOME SURROUNDED BY THE CONVENIENCES OF AIRDRIE
VestaCollection.com | Kathy at 403.923.5108 Available by Appointment Only
* Based on 5% down payment, 25 year amortization, variable rate mortgage, 5 years term OAC. Rates and availability are subject to change without notice. This is not an offering for sale. Any such offering can only be made by disclosure statement. E & O.E.
›› AIRDRIECOMMUNITIES 3 VETERANS BLVD
05 RAVENSWOOD
DEVELOPER: Qualico BUILDERS: NuVista, McKee Homes, Pacesetter, Broadview
7
VETERANS BLVD
06 COOPER’S CROSSING
DEVELOPER: Westmark Holdings BUILDERS: McKee Homes, Trico Homes, Vesta Properties, Canterra Custom Homes, Crystal Creek Homes and Harder Homes, Lifestyle Homes
1ST AVE
07 WILLIAMSTOWN 10
DEVELOPER: Vesta Properties BUILDERS: Vesta Properties
EAST LAKE
1 12
08 HILLCREST
Developer: Apex Developments Builders: Excel Homes, Shane Homes,Trico Homes hillcrestairdrie.com
NOSE CREEK
09 SOUTHWINDS
11
Developer: Mattamy Homes Builders: Mattamy Homes
YANKEE VALLEY BLVD
YANKEE VALLEY BLVD
5 2 NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
9
01 BAYSIDE ESTATES
6 4
8 13
DEVELOPER: Genesis Land Development Corp. BUILDER: McKee Homes, ReidBuilt Homes www.genesisland.com
02 WINDSONG
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 Builders
11 PIER 11
Developer: Genesis Land Development Corp. Builders: Genesis Builder Group pier11airdrie.com
12 MIDTOWN 03 REUNION
DEVELOPER: Hopewell Residential BUILDERS: Sabal Homes, McKee Homes
04 KING’S HEIGHTS
DEVELOPER: Melcor BUILDER: Loreck Homes, McKee Homes, ReidBuilt Homes, Shane Homes, Homes by Avi, Innovations by Jayman www.kingheights.ca
Developer: Wenzel Developments & Apex Developments Builders: Creations by Shane Homes, Shane Homes, Nuovo by Shane Homes, Excel Homes, Trico Homes www.midtowninairdrie.com
13 THE GATES AT HILLCREST
Developer: Mattamy Homes Builders: Mattamy Homes Coming Soon
AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 17
549
›› 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: Trico Homes, Coco Homes, Timbercreek Homes, WestView Builders, Kunz Homes
03 DRAKE LANDING
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 AT
SANDSTONE DR. & MOUNT BURNS GREEN (NOW OPEN) Apex Developments BUILDERS: Excel Homes, Sterling Homes www.mountainviewokotoks.com
DEVELOPER: United Communities BUILDERS: Lifestyle Homes, Sterling Homes, Prominent Homes
AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 21
Non-Apartment New Housing Supply Could Balance Amongst Lower Constructing Inventories & Lot Supply Forward: Intelligence House conducts quarterly performance surveys of all new real estate developments across Edmonton and Calgary to track emerging trends in new sales and development inventory levels across various product types. For the reader’s interest, the table presented shows some key inventory level comparisons that we track quarterly for the city of Edmonton.
Recent headlines devoted to trends in Alberta’s new residential market have all but assured that this year will represent a down year for the industry. As such, Intelligence House expected to find a lower level of new inventory under construction across the city of Edmonton in Q2 2016 when compared to Q1, and this was in fact the case (this topic will be discussed for the city of Calgary in our next article). That said, we were impressed by the city’s sustained levels of unabsorbed and ready-for-occupancy inventory of new non-apartment products amidst sustaining shares of units that are absorbed at completion by comparison.
Although this quarterly comparison does not assure a definitive trend, it is noteworthy nonetheless since continued sustainment generally indicates that builders have found a comfortable and/or committed level of speculation building (starting a home without it being pre-sold). Should this prove true, it would mark a key determinant to a “bottom” forming for annual rate reductions in the city’s unit starts moving forward. Moreover, should this trend prevail against recent trends that have shown a reduction in the city’s overall supply of housing development lots, one can expect any price reductions plaguing this market to be nearing the bottom of their current cycle as well, as starts continue to be more well matched to demand. For our Calgary readers who might be wondering if their city is experiencing a similar market situation, we will have more on this topic in our next article.
Mar-16
Jun-16
(1) Units Under Construction
3,858
3,367
Difference
Row
944
784
-160
Duplex
1,018
910
-108
Single Family
1,896
1,673
-223
75
115
40
Duplex
283
271
-12
Single Family
499
490
-9
-491 (-13%)
(2) Unsold Units Ready for Occupancy Row
(3) Share of Units Absorbed at Building Completion Row
70%
66%
-4pp
Duplex
58%
57%
-1pp
Single Family
73%
71%
-2pp
(4) Non-Apartment Lots (Units) Row
2,267
1,916
-351
Duplex
2,232
1,842
-390
Single Family
7,151
6,418
-733
Source: Measures (1), (2) and (3) collected from CMHC residential construction digest for the Edmonton region. Measure (4) was collected from preliminary estimates of Intelligence House’s quarterly surveys of residential non-apartment housing lot supply.
Intelligence House is Alberta’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence, which includes full research, marketing and sales / leasing services for the real estate industry. Edmonton | Calgary | Kelowna
intelligencehouse.ca From left to right: Emmett Hartfield Alex Ruffini Michael Melnychuk
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Advice | CALGARYISM
5 biggest mistakes new-home buyers make cracks in the concrete foundation are something to be concerned about. As matter of fact, you should make sure that a professional home inspection from a third-party on the property in question is included in your contract and happens before signing on the dotted line. If you are really interested, you could also follow the home inspector as they check the home and learn about the bones of your new home, which never hurts to know.
By Cody Battershill
MORE ADVICE ONLINE ypnexthome.ca/news/advice
1. Busting your budget Shopping for a new home can make you a little giddy to say the least. One viewing after another, in showhomes that are typically decked out to the max with optional features, definitely gets the blood pumping. For just a bit more cash you could have those granite counters that you’ve always wanted, and a bit more than that, an upgraded appliance package in the kitchen. Because a new home may be priced in the $400,000 to $500,000 range, that extra $10,000 to $20,000 you could spend on optional upgrades may not seem like such a big deal. But that’s not a game that you want to play. Ask yourself, what would happen if your income went down or had an unexpected change in employment? Could you afford to continue your mortgage payments and all other expenses? That extra cash you dropped on upgrades which also increased your mortgage amount could very well be a tipping point if something like losing your job did happen. 2. Forgetting about additional costs Buying a home isn’t just a matter of replacing your rental payment with one for a mortgage. There are a ton of additional costs for maintenance, utilities and property taxes on top of furnishing the home itself. Many people tend to forget about things like property taxes and insurance when deciding on how much of a monthly mortgage payment they 24 YPNEXTHOME.CA
5. Not understanding everything in the contract
can afford. Make sure you consider these costs and factor them into your payments so that you don’t end up putting a strain on your finances. 3. Not looking at enough properties This is one of the worst things you can do as a new-home buyer. There are a ton of new home builders out there with a ton of different kinds of properties and design styles to choose from. You are selling yourself short if you don’t spend the time to browse them all. With that in mind, don’t let anyone rush you or pressure you into a decision either. This is a big deal and you’re the boss; make a choice based on your own timeline and when you’re ready and make sure that you have seen enough listings to be 100 per cent sure that the one you have chosen is the one. 4. Skipping the home inspection Just because a new home looks like it’s in tip-top shape doesn’t mean that’s necessarily true. It could have structural defects or mechanical issues that would otherwise be caught by a professional home inspection. Home inspectors are trained to spot the things that you don’t know to look for, like if those
Buying a new home may just be the largest purchase you’ll ever make. With that said, it’s absolutely crucial that you understand every clause in the contract inside and out, and if you don’t, to ask questions so that you do understand. For example, you may walk into a new showhome and automatically assume that those shiny stainless-steel appliances are included in your package – only to walk in later and find standard models in their place. Some common points of contention you should be aware of include big appliances like washers and dryers, window treatments, light and bath fixtures and ceiling fans. Replacing one of these things once you find out that they are not included could cost hundreds of dollars – which is no small deal. Do your due diligence, go through the contract carefully, make sure to ask about any items that are not there and get them added in writing if need be. I wish you all the best on your new home hunt! 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
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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.
4 WALDEN Showhomes: Walden Rise SE Developer: Genstar Builders: Shane Homes | Cardel Homes | Innovations by Jayman | Excel Homes
MORE VOIR
HLAND DRIVE
DERSON ROAD
24 STREET
Builders: Albi Homes | Landmark Homes | Baywest Homes
Developer: Carma EEK PARK
Showhomes: Mahogany Heath SE. Developer: Hopewell Builders: Jayman MasterBUILT | Sabal Homes | Stepper Custom Homes | Trico Homes
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 VILLAGE OF PRESTWICK Showhomes: Prestwick Blvd SE. Builders: Cedarglen Homes | Jayman MasterBUILT
7 New Brighton
Showhomes: New Brighton Dr. SE. Developer: Carma Builders: Beattie Homes | Cardel Homes | Cedarglen Homes | Morrison Homes | Heartland Homes | Homes by Avi
A naturally tailored neighbourhood for you and your family. It’s your escape; the best way to disconnect from big city living with the Bow River and Fish Creek Park right beside you. Architectural styles that fit the landscape, form that fits your lifestyle. Find your natural fit in Cranston’s Riverstone.
Homes starting from the mid $400s to over $1m
experienceriverstone.com
TT VI
JAMES McKE
5 Mahogany
2 AVENUE
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68 STR
14 STR
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JAMES McKE
TT VI
DEVELOPER: Hopewell Residential BUILDERS: Jayman MasterBUILT, Hopewell Residential, Stepper Custom Homes, Homes by Avi, Excel Homes ESTATE BUILDERS: Calbridge Homes, Morrison Homes, Homes by Avi www.mahoganyliving.com
CL D. VO R BLV
EEK PARK
FOO T TR
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24 STREET
DEE R
CRANSTON AVE. SE
04 WALDEN
DEVELOPER: Genstar BUILDERS: Cardel Homes, Excel Homes, Homes by Avi, California Homes, Avi Urban, Cedarglen Homes www.waldenliving.ca
52 STREET
BARLOW TRAIL
MORE VOIR
DEVELOPER: Brookfield Residential BUILDERS: Albi 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
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06 McKENZIE TOWNE
DEVELOPER: Brookfield Residential BUILDER: Mosaic Townhomes: Brookfield Residential www.livemckenzietowne.com
07 NEW BRIGHTON
DEVELOPER: Brookfield Residential BUILDERS: Cedarglen Homes, Morrison Homes www.livenewbrighton.ca
08 QUARRY PARK SETON BLVD SE
4
DEVELOPER: Remington Corporation BUILDERS: Cardel Homes, Birchwood Properties, Albi Homes
09 LEGACY 9
01 AUBURN BAY
9
DEVELOPER: Westcreek Developments BUILDERS: Stepper Custom Homes, Albi Homes, Trico 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: Hopewell Residential, Stepper Custom Homes
AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 27
Property Profile | CREATIONS BY SHANE HOMES
Creations by Shane Homes’ Galea A WIDE OPEN CONCEPT DESIGN and an abundance of terrific features is winning over new-home buyers visiting the Galea, the newest duplex offering and showhome crafted by Creations by Shane Homes in Legacy in southeast Calgary. Dozens of people toured through the Galea and the other duplex showhomes during the grand opening in July and were “wowed by the open concept of the main floor, which is great for entertaining,” says area manager Michael MacLean. “The Galea is one of our most popular models and we had such a great response to it that we sold two during the grand opening,” MacLean comments. “They love the large kitchen with the good size pantry, the highly functional upper floor and the generous size of the master bedroom. “People are really excited about the design, the great 28 YPNEXTHOME.CA
use of space and they can see themselves living in it,” he says. “It’s a very welcoming, comfortable plan and it appeals to everyone from first-time buyers to downsizers.” The 1,508-sq.-ft. Galea showhome presents an amazing vibe right from the front entry that features lots of windows making it nice and bright and there is substantial space to greet guests. Two closets flank the front entry providing plenty of storage and a dark tile in the foyer transitions to a richly-toned wide plank hardwood style laminate that flows throughout the main floor. Elegantly lit art niches flank the entrance way leading into the living room providing fabulous spaces for displaying artwork and collectibles. Buyers will be awed by the incredibly large living room that ensures ample space for furniture and will adore the built-in TV niche and multiple windows.
PHOTOGRAPHY BY EYMERIC WIDLING PHOTOGRAPHY
Impressing buyers with open design
PHOTOGRAPHY BY EYMERIC WIDLING PHOTOGRAPHY
Location
Legacy in Calgary Builder
Creations by Shane Homes Home Type
Duplexes Sales Centre
1428 Legacy Circle SE, Calgary Contact
Michael, 403.536.2314
MORE PHOTOS ONLINE ypnexthome.ca/shane-galea
A grand central nook adjacent to the kitchen provides space for a large dining room set for hosting dinners with friends and family. The spacious, open concept kitchen is highlighted by an expansive central island with breakfast bar seating. The kitchen also features light granite countertops that complement the light cabinets, tile backsplash and stainless steel appliances, and add a nice contrast to the dark floor. The kitchen also includes a walk-in pantry across from the island, and a large window above the double under mount sink so owners can watch their
kids playing in the backyard. There is a mud room off the rear entry with a tile floor that matches the front entry and a large double closet to stash away coats and boots. Completing the main floor is a convenient half-bath tucked away by the staircase leading to the second floor. Upstairs, the owners’ suite provides an abundance of space for king-sized furniture and features a walk-in closet and ensuite with soaker tub, granitetopped vanity and tile flooring. There are two generously sized secondary bedrooms with ample closet space,
three piece main bath and a laundry closet with space-saving stacked washer and dryer. Buyers also have the option of developing their basement and building a double detached garage. Besides the Galea, Creations by Shane Homes has the 1,482-sq.ft. Arbor, 1472 Arbor II and the 1,320-sq.-ft. Samara II on the showhome parade in Legacy and builds several other models buyers can choose from to meet their needs. Legacy itself is a master-planned community in southeast Calgary featuring inviting walking paths and protected green space, and is located close to major routes such as Stony Trail and Macleod Trail for easy access to shops, services, eateries and the LRT. For more information, visit the Galea at 1436 Legacy Circle S.E., Calgary, and the other showhomes, open Monday to Thursday, 2 to 8 p.m., and weekends and holidays, noon to 5 p.m., call Michael at 403.536.2314 or visit shanehomes.com/creations AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 29
SPRING 2016 VOLUME 7, ISSUE 1, FREE
The only magazine of it’s kind in Calgary! A comprehensive look at Calgary and Area’s new communities to help you find the best neighbourhood and home for you. Brought to you by YP NextHome the creators of New Home Guide.
SPRING 2016 VOLUME 7, ISSUE 1, FREE
INSIDE THIS ISSUE
INSIDE THIS ISSUE
Brought to you by the publishers of
COME LIVE IN CALGARY – THE WORLD’S CLEANEST CITY
THE FIVE WORST MORTGAGE MISTAKES YOU CAN MAKE
COME LIVE IN CALGARY – THE WORLD’S CLEANEST CITY
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TO BOOK YOUR ADVERTISING SPACE CONTACT: Melanie Gowans 403.200.8462 melanie.gowans@ypnexthome.ca
Ask An Expert
Q&A
By Heather Ryan
Pinterest a helpful site for house hunting and decor Q: Can you tell me what Pinterest is and how is it beneficial to a homebuyer? A: “Pinterest is a social media website, that allows users the ability to visually create a personalized catalogue of ideas to different interest boards,” says Brenda Kasianiuk, social media, marketing and sales associate for Shane Homes. “Pinterest users can create boards for everything from home decor to meal recipes. Users can pin photos and links they like on the applicable interest boards they have created.” Home decor and do-it-yourself are among the most popular categories on Pinterest, so it’s a great resource to research ideas when building or decorating your home as there is a large selection of photos to browse. “Pinners can create boards for individual rooms, such as kitchen,
laundry, walk-in closets, etc., and save photos to it,” Kasianiuk explains. “When it comes time to build, if you browse your laundry room board, for example, and find that all of the images include an adjacent linen closet and upper shelf for organizing, you can make note that this is something important to you in your new home.” Or, for a kitchen board, images you’ve saved may include a mosaic tile backsplash, dark wood cabinets and dark hardwood flooring, so you already have an idea of what you like when youAN make your interior selections ASK EXPERT: by HEATHER RYANfor your home during the building process. DIY is another popular category on Pinterest and a popular economical alternative to buying products for your home. “When you DIY you can get exactly what you want – the correct size, shape, colour and generally save money as well,” Kasianiuk says. “Some of our interior designers use Pinterest to research DIY projects for our showhomes when they can’t find exactly what they want in the retail stores.” Shane Homes and other builders use Pinterest to share content such as showhome photos, so users can flip through photos and save them to their boards for future reference. People can also see some of the newest products available on the market – many of which are often used in showhomes. If you have a home related question, contact Shane Homes at info@shanehomes.com.
Q&A
AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 31
Property Profile | BROOKFIELD RESIDENTIAL
Riverstone offers tranquil natural setting, desirable amenities Location
Cranston Builder
Brookfield Residential Development
Cranston’s Riverstone Home Type
Townhomes/villas, move up, estate and luxury estate homes Sales Centre
12 showhomes Contact
experienceriverstone.ca
FAMILIES CAN LEAVE the hectic pace of the city behind and enjoy a tranquil, natural setting of Cranston’s Riverstone – a community that puts desirable amenities at the door step from the Bow River and Fish Creek Park to neighbourhood conveniences. Riverstone is a master-planned community being developed by Brookfield Residential nestled between the dramatic Cranston escarpment and the shores of the picturesque Bow River. Its distinctive location provides homeowners with a natural sense of calm, inspired by the unique beauty of their surroundings yet they have easy access to everything they need, says Jessie Seymour, senior manager of strategic marketing for Brookfield. “Riverstone is located in amenity rich Cranston and is ideal for families,” Seymour says. “It offers a wide range of choices with homes starting from the low $400,000s. To get a new-built home in that price point in an area where all the amenities are already established is unheard of. The value is there as soon as you move in.” The community is surrounded by green space, the escarpment and the
river’s edge and has a creek running through it with pathways, parks and trails that link to Cranston, the Bow River and Fish Creek Park. “When you come home to Riverstone, you truly feel like you’re away from the city yet you’re minutes from groceries, shops, services and restaurants at Cranston Corner and Cranston Market and two existing schools located in Cranston and a new one underway to open in 2017,” Seymour notes. “There is also the residents’ association that runs events and programs at Century Hall, a splash park, hockey rink, tennis courts – there is just so may activities for families to enjoy,” she says, adding there is also hiking, biking, fishing and exploring in the river valley. Buyers in Riverstone can choose from four incredible home styles designed to suit a variety of needs from a first move up home to an estate. Mosaic Riverstone by Brookfield Homes is comprised of 64 bungalowstyle stacked townhomes each with double-car attached garage. Buyers can choose from the Slate II, Olive II or Hunter models that range from approximately 1,400 to 1,600 sq.
ft. with either a two- or a threebedroom layout. These townhomes start from the mid $400,000s. Calbridge Homes is offering Villas in Riverstone. These homes start at 2,500sq. ft. and there are opportunities remaining to back onto the Bow River. These homes start from the mid $700’s. Move up front drive garage homes
are being crafted by ALBI Luxury by Brookfield Residential, Cedarglen Homes and Trico Homes starting at 2,000 sq. ft. from the low $500,000s. ALBI, Baywest Homes, Calbridge Homes are building elegant estate homes starting at 3,000 sq. ft. from the low $800,000s, while ALBI is the exclusive builder of spectacular estate homes also starting at 3,000 sq. ft.
and priced from $1.1 million. Buyers have a wide range of lots to choose from in Riverstone sized from 34 to 75 ft. wide and including some lots that back onto either the escarpment, Willow Creek or Fish Creek Park and the Bow River. Riverstone residents also have easy access to shops, services, restaurants and more at Brookfield’s Seton’s Urban District. Now in Phase 3 a Marriott Hotel just opened, work is starting on professional building, construction should start on a cinema this year, a YMCA, biggest the city has ever constructed, broke ground in June and finally Mountain Equipment Co-Op (MEC) just announced a new store to open in Seton. For more details, visit setonurbandistrict.com The location also provides Riverstone residents with easy access to Stoney and Deerfoot Trails and the new south hospital is minutes away. For more information about Riverstone, visit the 12 showhomes, open Monday to Thursday, 2 to 8 p.m., and weekends and holidays, noon to 5 p.m. or visit experienceriverstone.ca
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
Homes From The
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›› NORTHWESTCOMMUNITIES
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14 STREET
14 16 AVENUE
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37 STREET
69 STREET
04 NOLAN HILL SARCEE TRAIL
Showhomes: 2003 20th Ave. 02 EVANSTON
DEVELOPER: United Communities BUILDERS: Homes by Avi, MilanoShane Homes, 11 Homes, Morrison Showhomes: Panatella Hill NW Sterling Homes, Trico99Homes, Builders: Trico Homes Jager Homes, Pacesetter Homes, Creations by Shane Homes www.nolanhillunited.com
Developer: Birchwood Properties DEVELOPER: Qualico Communities Builders: Birchwood Properties BUILDERS: Broadview, NuVista, Trico Homes, Pacesetter Homes, Ranch 10 Hanson 05 BEACON HEIGHTS Sterling Homes, Jayman kora Glen Rd. NW Showhomes: Hidden Creek Blvd. NW DEVELOPER: Intergulf Cidex MasterBUILT Developer: Cedarglen Homes | Cardel Homes and Development Corp. | BUILDER: Trico Homes, Intergulf elopments Builders: Genstar 03 SAGE HILL Cidex Homes | Majestic Homes | DEVELOPER: United Communities es | Centrex Homes BUILDERS: Pacesetter Homes
Homes | Albi Homes
09 BEARSPAW WILLOW CREEK
BUILDERS: Astoria Custom Homes, Hyatt Homes, Laratta Homes, Mckinley Masters Custom Homes
10 WATERMARK AT BEARSPAW
#1 Community in Canada* DEVELOPER: Macdonald Development Corporation BUILDERS: Astoria Homes; Albi Homes, Trickle Creek Homes, Wolf Custom Homes www.watermarkatbearspaw.com
11 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
12 ROCK LAKE ESTATES
85 STREET
DEVELOPER: Birchwood Properties BUILDERS: Birchwood Properties
9 CityLife
64 AV
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DEVELOPER: Melcor BUILDERS: Landmark Homes, Albi Homes
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de Estates
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DEVELOPER: Genesis Land Development Corp. BUILDERS: Genesis Builders Group www.genesisland.com
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WOODLAND ROAD
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DEVELOPER: Genstar BUILDERS: Arcuri Homes
144 AVE. NW
DEVELOPER: Decker Management BUILDERS: Crystal Creek Homes, Lupi Luxury Homes, Jager Homes
13 SHERWOOD
DEVELOPER: Melcor BUILDERS: Shane Homes, Homes by Avi, Genesis Builders Group www.lifeinsherwood.com
14 MOUNT PLEASANT
BUILDER: Landmark Homes www.landmarkgroup.ca
15 SYMONS GATE
DEVELOPER: Brookfield Residential BUILDERS: Brookfield Residential, Jayman MasterBuilt, Morrison Homes
*2012 and 2013 National SAM award winner for Best Community Development AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 35
Neighbourhood Profile
Nolan Hill Modern, with a nod to history By Caitlin Best
ages within a 10- to 15-minute drive. On the weekends, the Symons Valley farmers’ market is the place to go. Planes, trains & automobiles Residents are right on the boundary of the city limits and can expect to do more driving than the average Calgarian. However, from the gates, there are many access points to the city. Stoney Trail, Sarcee Trail and Beddington Trail via Country Hills Boulevard will all serve as convenient arteries. The airport is roughly 20 minutes away – an advantage to living in the North. Currently, there are no regular bus routes from the neighborhood.
MORE PHOTOS ONLINE ypnexthome.ca/nolan-hill
NOLAN HILL IS ONE of the newest communities to spring up in Calgary on the Northwest side of town. Here, you’ll find homeowners who enjoy having a place for their kids to play, paths to walk and run, wide open space and a slower pace of life with a few conveniences nearby, such as big box stores, yoga and the market.
Meet the neighbours Many areas of Nolan Hill are still under construction, but the first wave of neighbours to move in feature a considerable amount of families with young children. The abundance of parks and paths have been designed with family in mind, and right now, these are probably the most used amenities.
The good, the bad & the rest Residents who like the suburbs and the idea of living in a family friendly community will be at home here. There’s a wide variety of housing options, lots of space, several parks and a fantastic view of the countryside. On the flip side, residents who like to have access to a variety of shops, restaurants and transit, might not find this community to be ideal. Furthermore, the commute to downtown is one of the longest from anywhere in the city.
The vibe This Northwest community was inspired by the British Isles and provides a series of lush parkways, ravines set throughout modern rows of houses and townhouses. The dramatic Old World ruins at the main entrance and roundabout will make you feel like you’ve stepped into the Irish countryside.
In the area Because the area is new, there is still a great deal of development going on but a commercial/shopping centre is currently under construction with plans for a State & Main restaurant and a hot yoga studio. Beyond the space for kids to play, you have a number of shopping centres, such as Beacon Hill, recreational facilities and schools for all
Dollars & sense This area will be mainly focused on residential and the businesses going into the local shopping centre will be on par with what you’d find in many of the recently developed suburbs of Calgary. Residents also have access to many of the box stores in the area, including Costco, Home Depot and Future Shop.
Caitlin Best works as a freelance writer and creative based in Calgary. When she’s not covering the latest lifestyle trends or hot new restaurants for local and national publications, she’s planning her next travel adventure.
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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. Take Sarcee Trail 1 km north from Stoney Trail and follow the signs. NOLANHILLUNITED.COM
20 SHOWHOMES OPEN!
new sales centres
townhomes
front garage
front garage
front garage
from the $300s
from the $450s
from the $475s
from the $600s
collection
zero lot line
move up
estate-style
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Advice | THE HOMEBUYING PROCESS
CHBA – UDI Calgary Region Association – benefits to amalgamation By Donna Moore
MORE ADVICE ONLINE ypnexthome.ca/news/advice
THE RECENT SELECTION of a
new chair and board of directors for the CHBA – UDI Calgary Region Association culminates an amalgamation that has been in the works for more than two years. We (the Canadian Home Builders’ Association (CHBA) - Calgary Region and the Urban Development Institute (UDI) – Calgary) began the process in 2013, when we heard from our respective members that our industry was changing, and business, and business issues, between builders and developers were overlapping, so our members asked the question – “Should we be one organization?” UDI – Calgary has been around almost as long as CHBA - Calgary, with UDI’s role focused more on developer specific issues and CHBA’s more on builder and renovator concerns. With the industry changing, we began to see those lines blur and it made sense to have one organization to provide a stronger voice for members, to be more efficient and to increase our visibility in the community. Member companies from CHBA - Calgary Region and UDI – Calgary voted over seven days, and delivered a resounding “Yes,” thus becoming the CHBA – UDI Calgary Region Association. The amalgamation is good news for the industry in Calgary and the region, which represents home builders, developers, renovators, suppliers, manufacturers and other businesses related to residential construction, as well as for homebuyers. 40 YPNEXTHOME.CA
First and foremost, the amalgamation benefits our members because they have an opportunity to belong to a larger, stronger organization. We’re also looking forward to the opportunity to increase our mandate and spend more time dealing with issues that are happening in the surrounding region not just the city of Calgary. The two industries that are responsible for the growth and development of the city and its surrounding region have worked in partnership for years, and the synergy has already yielded some benefits. One example is our successful partnership in the Smarter Growth Initiative, which has engaged Calgarians in dialogue on the challenges of building a great city. For homebuyers, we will continue to provide the same services and information. However, with a stronger voice, we can advocate more effectively on your behalf to ensure homes continue to be made affordable. We will continue to be part of CHBA at the national and provincial levels. As we bring our organizations together, we will have new opportunities. As part of this amalgamation, the
association recently introduced its new board of directors, representative of three areas: Builder/Developer/ Renovator – Paul Boskovich, Genstar, Ryan Boyd, Brookfield Residential, Collin Campbell, Mattamy Homes, Brett Friesen, Hopewell, Jill Huber, APEX; Allan Klassen, Brookfield Residential; Sean Nolan, Jayman BUILT; Carolina Oxtoby, Heritage Pointe Properties and Shane Wenzel, Shane Homes; Supplier/ Manufacturer/Trade – Darryl Conroy, Borger Group of Companies, Wayne Copeland, Double R Building Products Ltd. and Ryan Erickson, Kidco Construction; and Service/ Professional/Consultants – Fraser de Walle, The Alberta New Home Warranty Program, Jane Power, Urban Systems Ltd. and Mark Wynker, Stantec. At the first meeting of the new board, the board elected Allan Klassen, senior vice-president, Calgary Homes, Brookfield Residential, as chair for 2016-17. Donna Moore co-CEO, CHBA – UDI Calgary Region Association, 403.235.1911, crhba.com
AV
EN
4 BAN
FF
COACH ROAD
01 MYSTIC RIDGE
DEVELOPER: La Vita Land BUILDERS: Calbridge Homes www.mysticcalbridge.com
16 AVENUE
02 CURRIE BARRACKS
7 BOW TRAIL
ORI
11 10
2 ELBOW DRIVE
3
DEVELOPER: Legend Developments
04 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
03 SPRING VALLEY
17 AVENUE
37 STREET
17 AVENUE
SARCEE TRAIL
14 AVENUE SW
MEM
69 STREET
06 DRESSAGE IN SILVERADO
DEVELOPER: Qualico Communities BUILDERS: Baywest Homes, Augusta Homes
07 WESTLAND ESTATES
BUILDERS: Baywest Homes, WestView Builders www.westlandestates.ca
SOUTHLAND DRIVE
08 WEST GROVE ESTATES
DEVELOPER: Truman BUILDERS: Prominent Homes, Crystal Creek Homes, Lupi Luxury Homes, Augusta Fine Homes, West Grove Estates, Shane Homes, Truman Homes
ANDERSON ROAD
BOTTOM TR
FISH CREEK PARK
9
JAMES
DEVELOPER: Cardel Homes BUILDERS: Cardel Homes www.cardelhomes.com DEVELOPER: Truman BUILDERS: Sane Homes and Truman Homes
SHAWNESSY BLVD.
11 ASPEN WOODS ESTATES
MA
DEVELOPER: Springbank Land Company Ltd. BUILDERS: WestView Builders, Truman Homes, Crystal Creek Homes, and Homes by Us.
IL
TRA
SHERIFF KING STREET
D
OA
CLE
ET
37 STRE
162 AVENUE
6
09 SHAWNEE PARK
10 WEST GROVE POINT
MCKEVITT
FISH CREEK BLVD
S PRUCE MEADOWS HWAY
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
8
85 STREET
OLD
UE
14 STREET
16
CENTRE STR
›› SOUTHWESTCOMMUNITIES
AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 41
Advice | MORTGAGE ADVICE
5 ways to boost your down payment By Alyssa Richard
MORE ADVICE ONLINE nexthome.yp.ca/news/advice
WITH THE AVERAGE PRICE of a home
in Canada now costing more than $500,000, many young people need all the help they can get when it comes to coming up with the down payment for their first home. If you’ve just started saving and are looking for ways to give your down payment fund a boost, the five tips below will help you save more money faster to afford the home of your dreams and leave you with a smaller mortgage. 1. Make a tax-free withdrawal from your RRSP If you’re a first-time homebuyer, you can make a tax-free withdrawal of up to $25,000 tax free from your RRSP under the Home Buyers’ Plan (HBP). This means a couple purchasing their first house together can each withdraw up to $25,000 from their RRSPs, for a total of $50,000 towards a down-payment on their first home. The money must be paid back over a period of 15 years beginning in the second year after you made a withdrawal. 2. Use your tax refund If things such as unused tuition credits, moving expenses or RRSP contributions will net you an income tax refund when you file your taxes, resist the temptation to spend it! Instead, save it as part of your down payment fund. Your income tax refund is one of the easiest ways to quickly boost the balance of your down payment without putting any strain on your everyday budget. 42 YPNEXTHOME.CA
3. Trim expensive luxuries from your budget
5. Borrow from the Bank of Mom and Dad
Cutting your daily coffee from your budget will probably only save you a few hundred dollars per year, which won’t go far if you’re planning to buy a home anytime soon. However, if you’re spending more than $100 a month on expensive cable packages or pricey gym memberships, axing these from your budget and redirecting the cash to your down payment fund will give it a noticeable boost. You don’t have to give up everything to become a homeownership but you should prioritize the goal over non-necessities you won’t really miss.
Your parents raised you, took care of you when you were sick, and prepared you for life. While you may feel bad about asking for a handout, many young Canadians expect financial support when buying a home. In fact, a 2015 BMO survey finds that 42 per cent of first-time buyers actually expect their parents or relatives to help pay for their first home. And 40 per cent of first-time buyers say they wouldn’t be able to afford a home without financial help from family. For many young people, the down payment for their first home will be the largest sum of money they’ve had to save up so far, so it’s no surprise they find the task daunting. However, with commitment and a plan, you’ll be able to save up the down payment you need in order to afford the home you want. RateHub.ca is a website that compares mortgage rates, credit cards and deposit rates with the goal to empower Canadians to search smarter and save money.
4. Find a side hustle to fund your goals One of the easiest ways to really ramp up your savings for a down payment is to dedicate an income stream to achieving the goal. If you can find parttime work outside the regular hours of your job or freelancing you can fit in your own schedule, you can use all the extra income you earn towards saving for a house. You might be reluctant to put a few more hours in at a second job if you’re already working full-time, but if working evenings and weekends will make your home ownership dreams come true, it’s a worthy sacrifice.
Alyssa Richard is the founder and CEO of ratehub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.
›› CALGARYNORTHREGION 575 CROSSFIELD
72
2
567 AIRDRIE
01 VISTA CROSSING IN CROSSFIELD DEVELOPER: Dream Development BUILDERS: McKee Homes, Reidbuilt Homes
HUSTLE & BUSTLE
›› 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
2
OKOTOKS 2A
543 22
HIGH RIVER
HIGH RIVER
BLACK DIAMOND
HIGHWOOD LAKE
RIVERWOOD ESTATES
DEVELOPER: WestView Builders BUILDER: WestView Builders
DEVELOPER: Riverwood Estates Inc. BUILDERS: Woodmaster Homes Ltd.
HAMPTON HILLS
BUILDERS: WestView Builders
MONTROSE
DEVELOPER: Dream Development BUILDER: Lifestyle Homes, Red Door Homes
PRIDDIS 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
SEARCH ONLINE ypnexthome.ca
44 YPNEXTHOME.CA
HERITAGE POINTE ARTESIA AT HERITAGE POINTE
DEVELOPER: Heritage Pointe Properties Inc. BUILDERS: Astoria Custom Homes, Albi Homes, Calbridge Homes www.liveatartesia.com
Trending
Twenty-three of the 25 improving schools in Alberta are public THE FRASER INSTITUTE’S latest Report
Card on Alberta’s High Schools indicates that most of the fastest improving schools are public schools. The study rates 307 public, private, separate and charter schools based on five academic indicators generated from grade 12 province-wide testing, grade-to-grade transition and graduation rates. “Alberta parents want the best for their families and having the ability to compare school performance helps them make a more informed decision about the school their children attend,” says Peter Cowley, Fraser Institute director of school performance studies. Taking into account the last five years, Alberta’s two charter high schools achieved the highest average rating of 8.3 (out of 10), followed by private schools (8.1), separate schools (6.3) and public schools (6.0). The data suggests that every school is capable of improvement regardless of the type of school, its location and the proportion of students with special needs or students in English as a Second Language programs. For example, the school enjoying the fastest statistically significant improvement over the past five years is École Mallaig School, a public school in north-eastern Alberta. Despite having 25 per cent of its students identified as special needs learners, Mallaig’s overall rating has steadily improved to 7.7 (out of 10) in 2015
The 25 fastest improving schools 2011-15 School
City
Affiliation
1. Mallaig
Mallaig
Public
2. Sexsmith
Sexsmith
Public
3. Ernest Manning
Calgary
Public
4. St. Paul
St. Paul
Public
5. J A Williams
Lac La Biche
Public
6. Grimshaw
Grimshaw
Public
7. Lamont
Lamont
Public
8. Peace Wapiti Academy
Grande Prairie
Public
9. J. C. Charyk Hanna
Hanna
Public
10. Willow Creek
Claresholm
Public
11. J. T. Foster
Nanton
Public
12. Didsbury
Didsbury
Public
13. Bishop Carroll
Calgary
Separate
14. La Crete
La Crete
Public
15. Tofield
Tofield
Public
16. Bishop McNally
Calgary
Separate
17. Wetaskiwin
Wetaskiwin
Public
18. Grande Prairie
Grande Prairie
Public
19. Cold Lake
Cold Lake
Public
20. Chinook
Lethbridge
Public
21. Frank Maddock
Drayton Valley
Public
22. Harry Collinge
Hinton
Public
23. Fort Saskatchewan
Fort Saskatchewan
Public
24. Central Memorial
Calgary
Public
25. Olds
Olds
Public SOURCE: FRASER INSTITUTE
from 3.5 in 2011. Of the 10 fastest-improving schools, all are public schools. “When parents see the Report Card’s objective evidence that a school’s results are consistently low
TRAFFIC JAMS
or declining, they often become very effective advocates for improvement,” Cowley says. “Every year, every school in the province should find ways to improve student results – it’s as simple as that.”
›› CALGARYREGIONEAST NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
2
E
4
1
3
STRATHMORE 1
CALGARY
CHESTERMERE 797 LANGDON
22X
22X
DDIS
VALLEY
HERITAGE POINTE
BLACK DIAMOND
2
OKOTOKS
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, Sunstar Homes, Jager Homes
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 Builders, Aquilla Homes www.edgefieldstrathmore.com
LYALTA 03 THE LAKES OF MUIRFIELD
BUILDERS: Douglas Homes, Today’s Homes, Ribero Homes and Compass Rose Homes
SEARCH ONLINE ypnexthome.ca 574
46 YPNEXTHOME.CA
Trending
Canadian home sales set record in April NATIONAL HOME SALES in April 2016 rose to their highest level ever, according to the Canadian Real Estate Association (CREA).
Highlights from CREA’s latest stats include: » National home sales rose by 3.1 per cent from March to April. » Actual (not seasonally adjusted) activity was up 10.3 per cent compared to April 2015. » The number of newly listed homes was little changed (-0.2 per cent) from March to April. » The MLS Home Price Index (HPI) rose 10.3 per cent year-over-year in April. » The national average sale price climbed 13.1 per cent in April from one year ago; net of the Greater Toronto Area and Greater Vancouver, it was up by 8.7 per cent year-over-year. Sales were up in April compared to the previous month in about 70 per cent of all local markets, led by the National Capital Region and Edmonton. Following small declines the previous month, activity held steady in the Greater Toronto Area (GTA) and edged lower in Greater Vancouver. “National home sales set new monthly records over the past two months, even as activity in Greater Vancouver and the GTA appears to have topped out,” says CREA President Cliff Iverson. “Supply shortages and tight housing market conditions have become self-
MORE TRENDING ONLINE nexthome.yp.ca/news
reinforcing in the GTA,” says Gregory Klump, CREA’s chief economist. “The Greater Vancouver Area appears to be heading in that direction, too. While significant home price gains may entice some homeowners in these markets to list their home for sale, the issue for many is that the decision to move means they would also be looking to buy while competition for scarce listings is fierce. As a result, many homeowners are deciding to stay put and continue accumulating capital gains.” Sales activity rose 10.3 per cent from a year ago to shatter all previous records for the month of April. It also marked the second highest level for transactions for any single month and stood 16.5 per cent above the 10-year average for the month of April.
Activity was up from year-ago levels in about 70 per cent of all local markets, led by a number of markets in British Columbia as well as the GTA. The Aggregate Composite MLS HPI rose by 10.3 per cent on a year-over year basis in April 2016, the biggest gain since May 2010. For the third consecutive month, year-over-year price growth accelerated for all Benchmark property types tracked by the index. Two-storey single family homes posted the biggest year-over-year gain (12.3 per cent), followed by townhomes (9.8 per cent), onestorey single-family homes (9.4 per cent) and condos (7.9 per cent). National average price for homes in April 2016 was $508,097, up 13.1 per cent on a year-over-year basis.
d 12 Ran g e R
Journey Back. Live Forward. Character homes from the $340’s. Mossip Ave
Harrison St
Range Rd 12
Welcome to Vista Crossing, where life is simplified in a most sophisticated way. Just a 35 minute drive to downtown Calgary, this is a place where you can unplug and reconnect with what really matters. Beneath the stars, on the main street where the coffee shop owner knows how you take yours. Your exceptional home awaits in this masterfully planned community.
574
Harrison St
Vista Dr
Range Rd 12
September 10 Grand Opening Amery Cres
10-22 Amery Crescent | Crossfield, Alberta
574 Murdoch St
Sunset Hts
Stevens St
Sunset Link
Range Rd 12
Sunset Way
MCKEE HOMES | REIDBUILT HOMES | HOMES BY DREAM
vistacrossing.ca Smith Ave
AUG 12 - SEP 9, 2016 | NEW HOME GUIDE 47
next prenup.
next hubby.
next mistress.
next fight.
next divorce.
When one thing, leads to another home.
Discover all your possibilities at
Buyers’ Resources | MORTGAGE RATES
Compare mortgage rates for your best deal CHARTERED BANKS
variable
6 months
1 year
2 years
3 years
4 years
5 years
ATB Financial
2.6000
4.0000
2.9400
2.2900
2.4400
2.4900
2.5900
Alterna Bank
2.4500
4.0000
2.7900
2.3400
2.4000
2.6900
2.4800
Alterna Savings
2.4500
4.0000
2.7900
2.3400
2.4000
2.6900
2.4800
Bank of Montreal
2.9000
4.2000
3.0900
3.1900
3.5900
4.0900
4.9400
Bank of Nova Scotia
2.7000
4.5500
3.2900
3.0900
3.3900
3.8900
4.4900
CIBC Mortgages
2.7000
3.1400
2.8400
2.7900
3.3900
4.0900
4.7900
Caisses Desjardins
2.7000
4.4000
3.1400
3.2400
3.3900
3.8900
4.7400
Canadian Western Bank
2.9000
4.0000
3.1400
3.0400
3.6500
4.2000
4.7400
Canadian Western Trust
2.9000
4.0000
3.1400
3.0400
3.6500
4.2000
4.7400
Comtech Credit Union
-
6.2000
2.8400
2.8900
2.9500
2.9900
2.8900
DUCA Financial Services
2.5000
-
2.8900
2.7900
2.7900
2.9900
2.4900
Effort Trust
-
4.4500
3.3500
3.5000
3.7000
4.3000
4.3500
Equitable Bank
-
-
3.1400
3.0400
3.6500
4.3900
4.6400
First Calgary Financial
-
4.0000
2.8900
2.8900
2.4400
2.7900
2.5400
First National Financial
2.3500
3.0000
2.2900
2.2400
2.3900
2.4900
2.5400
FirstOntario Credit Un.
2.5000
4.2400
2.6900
2.2400
2.3400
2.4400
2.4900
HSBC Bank Canada
2.8000
4.4500
3.1400
3.1400
3.3900
4.0900
4.6400
Home Trust Company
2.5000
3.9500
2.6900
2.1400
2.3400
2.5900
2.4900
ICICI Bank Canada
3.0500
-
2.8400
2.8400
2.8400
2.8900
2.8900
Investors Group Trust
2.7000
4.2000
3.1400
3.0900
3.3900
3.8900
4.7400
Laurentian Bank Canada
2.7000
4.4000
2.8900
2.8400
3.3900
3.8900
4.7400
League Svgs & Mortgage
-
4.4500
2.9900
2.5900
2.7900
2.6900
2.6900
Libro Credit Union
-
3.7500
2.6000
2.6500
2.6900
2.6900
2.6900
London Life
2.7000
4.2000
3.1400
3.0900
3.3900
3.8900
4.7400
Luminus Financial
3.2500
-
3.2500
3.2000
3.6500
4.0000
4.5000
Manulife Bank
2.6000
4.4500
3.0000
2.9400
2.8400
2.7900
2.8900
Manulife Trust
-
4.4500
3.0000
2.9400
2.8400
2.7900
2.8900
Meridian Credit Union
2.4000
4.0000
2.8400
2.7900
2.6400
3.8900
2.4900
National Bank
2.7000
4.4000
3.1400
3.0400
3.3900
3.8900
4.7400
PACE Savings & Credit Un
-
5.0000
2.9900
2.6900
3.4900
3.9900
4.5400
Parama Credit Union
2.6500
-
2.8000
2.8500
2.9500
3.0500
3.1500
Peace Hills Trust
-
4.5000
3.1500
3.5000
3.7500
3.8500
3.9500
President's Choice Fin'l
2.7000
6.1900
3.1400
2.7900
3.3400
3.9900
4.4400
Rapport Credit Union
2.8500
6.0000
3.0900
3.0400
3.5000
3.0400
2.9900
Royal Bank of Canada
2.7000
3.1400
3.1400
3.0400
3.6500
4.3900
4.6400
Steinbach Credit Union
-
-
2.3900
2.3900
2.3900
2.4900
2.4900
T-D Mortgage
2.7000
3.1400
2.9900
2.8400
3.3900
3.8900
4.5400
Tangerine
2.7000
-
3.1900
3.2400
3.4900
3.6900
3.7900
WFCU Credit Union
-
4.4500
3.0000
3.0400
3.6500
4.3900
4.6400
Your Neighbourhood C.U.
-
-
2.7990
2.8900
3.0900
3.1500
2.6900
ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator PREPARED BY CANNEX ON AUGUST 3, 2016 This information is current as of the date and time posted and is subject to change without notice. © Copyright 2016 CANNEX Financial Exchanges Limited. All rights reserved.
50 YPNEXTHOME.CA
ns tio a c cifi pe stry s u e or nd t c he i s e t gh in Hi
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STONEY TRAIL NE
visit the showhomes or see more at Jayman.com/Cornerstone 128 AVE NE
JAYMAN BUILT SALES TRAILER
SaleS centre: 4641 128tH Avenue ne, CALGARY • (403) 978-1002 Showhome hourS: Mon-tHuRs 2-8PM, sAt & sun 12-5PM, FRi CLosed
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New Home Guide.indd 1
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We offer maximum value to those we value most. You. We have a history of maintaining long-standing relationships with our homeowners. Our included features are often optional anywhere else. Our thoughtful designs consistently give you more usable and inspiring spaces to live. Our master-planned communities work as real neighbourhoods, where you’ll feel genuinely connected to the wonderful places you live. And, as our customer care extends far beyond the sales experience, we consider our relationship with you as invaluable.
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MATCALGARY-Brand_NHG_Mag.indd 1
2016-07-27 1:49 PM