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NOV 6 - DEC 4, 2015 VOLUME 18, ISSUE 12, FREE
CALGARY EDITION
WE BUILD HOMES & COMMUNITIES PEOPLE LOVE TO LIVE IN
(SEE BACK COVER)
INSIDE THIS ISSUE
5 THINGS TO CONSIDER WHEN BUYING A NEW HOME
MATCALGARY-SW_NHG_Mag.indd 2
MORTGAGE FACTS FOR NEWCOMERS TO CANADA
HEALTHY LIVING IN TODAY’S NEW HOMES
2015-10-23 3:58 PM
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contents NOV 6 - DEC 4, 2015 | VOLUME 18 ISSUE 12
12
ON THE COVER
Mattamy Homes + online NEIGHBOURHOOD
HOME SEARCH
MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING
WITH
DYNAMIC MAPS
LOOK FOR THE CIRCLE
Honouring Southwinds’ homesteading family property profiles
neighbourhood profile
12
46 Kingsland
Mattamy Homes
Honouring Southwinds’ homesteading family
Warm and inviting and on the rise
showhome review
trending
16
18
Shane Homes
presents a variety of home styles in Hillcrest
Mattamy Homes
Welcoming new homeowners to Cityscape
24 Development
Calgarians divided on downtown arena plan
16
PRESIDENT, YELLOW PAGES NEXTHOME
Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT
Susan Legge DIRECTOR OF SALES, NATIONAL
Moe Lalani ALBERTA SALES MANAGER
Shelley Bala EDITOR
Wayne Karl ART DIRECTOR
Tammy Leung
CONTRIBUTING EDITORS
Sara Duck (on leave) Elisa Krovblit Lydia McNutt (on leave)
SENIOR MEDIA CONSULTANT
Melanie Gowans 403.200.8462 Follow me on twitter @melgowans Like us on Facebook ypnexthome
PRODUCTION CO-ORDINATOR
Greg Van Sluytman GRAPHIC DESIGNERS
Viosa Barileva Miguel Cea PRODUCTION MANAGER
Bala Gnanapandithan
34
18
advice
in every issue
14
8
Calgaryism
5 things to consider when buying a new home
38
2891 Sunridge Way NE Calgary, AB T1Y 7K7. Phone: 587.226.1313
by Brad Jackman
19
Calgary East Region
Mortgage Mogul
21
Northwest
27
Southwest
29
Okotoks
33
Northeast
37
Cochrane
41
Southeast
47
Calgary South Region
New homes provide a healthy indoor environment by Donna Moore
Published by
district maps Airdrie
43 The Homebuying Process
416.263.6783
Calgary’s New Home Guide is published 13 times per year. We are located at:
11
by Jason Eldridge
FOR NATIONAL ADVERTISING INQUIRIES CALL:
50 What’s Online
Launch your landscape plan this winter
Mortgage basics for newcomers to Canada
403.200.8462
Editor’s Note
by Cody Battershill
34 Insight
FOR ADVERTISING INQUIRIES PLEASE CONTACT:
The magazine is free to the public
ypnexthome.ca
COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication. TERMS Advertisers, Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E. EDITORIAL Submissions from interested parties
will be considered. Please submit to the editor at Susan.Legge@ypnexthome.ca
Editors' Notes
KINGSLAND
SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge
MORE PHOTOS ONLINE ypnexthome.ca/kingsland
Targeted for your benefit Before we launched our new look and website, YPNextHome.ca, we brought a formal focus group of Canadians together to ask about real estate. We specifically questioned what factors in someone’s life would make them want to move. One of the top three reasons was the desire to live in a different neighbourhood. Respondents said they wanted access to better schools and amenities such as transit, shopping, greenspace and parks. With so many areas for you to choose from, we created a Canadawide resource of neighbourhood
information and listings – on a local level. On YPNextHome.ca, you’ll find statistical information on more than 2,700 neighbourhoods, featuring data, listings, fun facts and more. We’ve included a ton of interesting info on key residential neighbourhoods, including photos and video tours. Check out Kingsland, for example. We hope you’ll explore a few of the neighbourhoods we’ve curated for you on our new website. Drop us a line and a photo about what you love about your favourite neighbourhood. We’d love to hear from you!
Alberta proves its resilience WAYNE KARL Senior Editor Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl
+ get social 8 YPNEXTHOME.CA
For all the challenges the Alberta economy is facing in the wake of the oil slump, real estate markets in Calgary and Edmonton are outshining their prairie neighbours Regina and Saskatchewan. According to the latest Royal LePage House Price Survey, home prices in Canada showed moderate to strong year-over-year increases in most markets in the third quarter.
The Calgary housing market continued to weather the energy downturn due to a diversifying economy, with the aggregate price of a home rising 0.8 per cent to $465,374. The median price of a two-storey home increased one per cent on a year-over-year basis to $522,052, while bungalows saw a small drop of 0.4 per cent to $451,937.
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›› 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
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
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 Homes
11 PIER 11
Developer: Genesis Land Development Corp. Builders: Genesis Builder Group pier11airdrie.com
03 REUNION
DEVELOPER: Hopewell Residential BUILDERS: Excel Homes, 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
NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 11
Property Profile | MATTAMY HOMES
cover story
Mattamy honours
Southwinds’ homesteading family Location
Airdrie Builder
Mattamy Homes Development
Southwinds Home Type
Urban and street towns and single-family homes Contact
mattamyhomes.com
12 YPNEXTHOME.CA
MATTAMY HOMES pays homage to the historic local roots of its Southwinds community in Airdrie with the dedication of a large central park honouring the land’s homesteading family. “Osborne Park is at the heart of Southwinds and named after the original family that had been there since the early 1940s,” says Joe Case, land development manager. “The family has played an important role in the development of Airdrie and in the area’s history being members of the Nose Creek Historical Society and Nose Creek Valley Museum. “The family still lives in the area, so we wanted to ensure we built a relationship with them in the process of developing Southwinds,” Case says. “A monument in Osborne Park has a plaque dedicated to the family with an aerial photo shot in 1942 of the homestead that is still there today.
“We also have a number of Osborne street names throughout the community,” he adds. “This was done with the Osborne’s blessing, as they had been involved in the planning and visioning process for the community.” The most prominent street name will be Osborne Drive, which runs east/west through the community next to the original homestead and connects to land on the west side of Southwinds, which was also owned by the Osbornes. Another significant street name is Osborne Park, immediately adjacent to the park which was dedicated to the family in late October. Being located in the centre of the community, Osborne Park is a central meeting place for all residents. “During the planning process, we intentionally designed the community around the park with no residences backing onto
it, making it truly a public space in its purest sense as there’s no proprietary feel to it. You can enjoy every inch of the park without looking into someone’s backyard,” Case says. The almost three-acre park has a central plaza with seating areas, picnic area and a large trellis, as well as a large playground structure, a toboggan hill and a puddle rink with lights that can be flooded in the winter for a skating. Also setting Mattamy communities apart from others is that it develops a community one street at a time so that when people move in all the homes on the street are complete, and amenities are created alongside home construction (weather permitting). Another key amenity already developed is a storm water pond that was integrated with an environmental reserve in one of the first phases. “We
went through a detailed process of harvesting 10,000 cuttings from the existing wetland, letting them grow in a nursery and segregating the unique wetland soils,” Case explains. “After grading we put the soil back and replanted the cuttings. It’s since grown into a virtual forest providing a protected environmental reserve for residents to enjoy. It’s an absolute success and a model Airdrie will use for future storm water ponds.” Located on a 150 acres, Southwinds will eventually consist of 1,150 homes. A few hundred homes are already occupied in the first few phases. Mattamy is currently selling single- and multi-family homes in Phases 3 and 6. In November, Mattamy is releasing walkout lots that back onto the environmental reserve. Buyers in Southwinds have a wide
range of homes styles to choose from, from Urban Townhomes featuring rear-attached double garages, to threestorey Village Homes with single-car front-attached garages, and starter and move-up single-family homes with double front-attached garages. Homes in Southwinds showcase Contemporary, Craftsman, Colonial and Prairie architectural styles, which combined with ample trees, inviting front porches and discreet garages integrated into the home create visually appealing streetscapes. To learn more about Southwinds, visit the sales centre at 907 Windsong Dr. in Airdrie, open Monday to Thursday, 1 to 8 p.m., and Friday and weekends, 11 a.m. to 6 p.m., call 403.980.8765 or visit mattamyhomes.com NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 13
Advice | CALGARYISM
5 things to consider when buying a new home By Cody Battershill
IF YOU’RE IN THE MARKET for a new home in Calgary, chances are that you have a list of features you want included – some must-have’s, and a few that you’re probably more flexible on – before signing on the dotted line. Here are some key features that you should always consider and evaluate for yourself when viewing new properties as they can drastically affect your living experience and resale value down the road.
#3 House orientation
#1 Interior layout
#4 Proximity to neighbours
Calgary’s new home builders have such a wide variety of builds and floorplans available these days that you really don’t have to settle for a layout that is nearly perfect – except for that one part that you just can’t get over. It could be that the master bedroom is too small, its bathroom too thin or perhaps the kitchen doesn’t have that ideal set up you want. Whatever it is, know that you will likely find another floorplan or different builder all together that has these things you desire – so shop around!
Typically, there’s a drastic difference in the space between two new inner city infills compared to two suburban homes, and this can affect how private the space feels. If privacy is a huge factor for you when buying a new home, consider checking the views from each of the windows inside and out, and do a perimeter walk around the property to gauge if you are comfortable with it all.
#2 Windows and natural lighting Usually, the more windows a new home has the better, not only for natural lighting, but also the open feel they create when well-placed and are the right size. Windows should also be positioned and sized accordingly to give you a decent amount of privacy from outside eyes. Natural lighting is a huge factor when it comes to getting the most out of your living space and enjoying it to the fullest. A lack of natural light can be a problem in the future when reselling and can also put a damper on how you feel about being in a particular space.
The way a house is positioned on its lot can greatly affect the amount of natural light it receives during daytime, as well as influence your cooling and heating bills. A new home facing east will have a bright and warm morning and evening, with natural light entering the home during these hours. On the other hand, a north facing home might not get as much sunlight and make for a cooler living space during those hot summer days.
#5 Location Last but not least, location is probably one of the most important factors when buying a new home in Calgary. For example, buying in a new community with a proposed elementary school on its way is a great opportunity for couples planning to be parents, although if it were across the city from work, there might cause more headache than benefit. It basically comes down to what you’re comfortable with and what area of the city is best for your wants, needs and lifestyle. Taking the time to find the right location is a must when searching for that perfect new home fit in Calgary. Wishing you only the best on your new home search in Calgary!
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
14 YPNEXTHOME.CA
Showhome Review | CREATIONS BY SHANE HOMES
Shane Homes presents a variety of fabulous home styles in Hillcrest WITH A VARIETY of fabulous home
styles for first-time to move-up buyers, Shane Homes and Creations by Shane Homes have something to please almost everyone in Hillcrest in Airdrie. “We’re really excited to be able to offer laned homes by Creations by Shane Homes for the first time in Hillcrest,” says area manager Jeff Brodowski. “We have six lots available, with more lots available next year. We’re also building showhomes that will be opening in the spring.” These laned homes start at 1,368 sq. ft. and go to more than 2,000 sq. ft., with most being two-storey designs, but a couple of plans are threestoreys with a loft on the top floor. “We have dual owners-bedroom and 16 YPNEXTHOME.CA
three-bedroom plans all with upstairs laundry and a concrete garage pad with back laned access,” Brodowski says. “All the homes come with our high standards – tile and laminate flooring as per plan, granite countertops and six appliances, and most plans have fullwidth front verandas.” There are several models and optional layouts available, providing features such as deluxe ensuites, fireplaces or a second living space on the main floor. Prices for the laned homes start in the $390,000s, which is suitable for first-time buyers. Creations by Shane Homes has just launched its second street town project, Urbana in Hillcrest is geared toward first-time buyers, but it’s also attracting down-sizers
and empty-nesters, says area manager Ron Kerr. “We just launched Urbana in Hillcrest in late September and we’re getting a great response from a mixed group of buyers who love that they can get into a townhome with a double detached garage and high standard features for a great price with no monthly condo fees,” he says. Urbana in Hillcrest features 28 two-storey homes showcasing seven different models with one offering dual owner bedrooms and the rest with three bedrooms. The homes range from 1,360 to 1,560 sq. ft. and all include with a double detached garage, front and rear landscaping, a patio and a fenced yard. Inside, buyers appreciate the
OPPOSITE
Tofino II kitchen ABOVE
Shane Homes showhomes in Hillcrest (L) Tofino II (R) Fiesta II RIGHT
Urbana in Hillcrest Street Towns BELOW
Creations by Shane Homes: Revel
exceptional standard features such as wide plank laminate floors, granite countertops, under mount sinks, stainless steel appliances, upstairs laundry with front loading washer and dryer and owner’s suites with ensuites and walk-in closets – and all at an affordable introductory price starting at $329,900. Shane Homes also crafts stunning double front-attached garage homes in Hillcrest for people looking to move-up or desiring a customdesigned dream home. There are two showhomes to view in Hillcrest the – Fiesta II and Tofino II. “The Fiesta II is the smallest model we can build at 1,767 sq. ft. and we build up to and over 3,000 sq. ft. with triple-car garage,” Brodowski says. “The Fiesta is a very family-oriented home with a good sized kitchen that you often see in much larger homes and has many features buyers look for such as a walk-through pantry, upstairs laundry room, large bonus room and spa-like ensuite. It’s a great move-up home and is very popular with young families and downsizers. “We’re also creating a lot more luxury homes in Hillcrest because the lots are more affordable than in Calgary so buyers can get a bigger home with more features,” he says. “Being able to customize is huge for us because people can get the home that suites them best.” Shane has limited lots and a few walkouts still available on the top of the hill in Hillcrest – the highest point in Airdrie with mountain and Calgary views – with the remaining lots backing onto greenspace with southor west-facing backyards. For more information on Shane Homes and Creations by Shane Homes’ product lines in Hillcrest, visit the showhomes at 109 and 113 Hillcrest Dr. S.W., Airdrie, open Monday to Thursday, 2 to 8 p.m., weekends and holidays, noon to 5 p.m., call Jeff at 403.536.2316 or Ron at 403.536.2310 or visit shanehomes.com and creationsbyshane.com NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 17
Trending
Mattamy Homes welcomes new homeowners to Cityscape ATTAINABLE HOMES Calgary
Corporation (AHCC), in partnership with Mattamy Homes (Mattamy), is pleased to welcome 10 deserving families to their new homes in the northeast community of Cityscape this week. AHCC, a nonprofit social enterprise and wholly owned subsidiary of The City of Calgary, connects builders, lenders, lawyers and others to bring down the upfront costs of buying a home so qualifying Calgarians can get a foot on the property ladder with a $2,000 down payment. In 2013, Mattamy Homes offered 10 of its popular Village Homes to AHCC’s Attainable Home Ownership Program in an effort to support this valuable social program and the Calgarians who benefit from it. “Mattamy is committed to providing homes to Calgarians at every price point, and the program through Attainable Homes takes that to another level,” said Don Barrineau, Calgary Division President, Mattamy Homes. “We know that owning a home is often one of life’s most cherished and valued events, and knowing that we have been a part of providing 10 Calgary families with this experience is very rewarding for the Mattamy team.” AHCC offers below market prices on well-appointed apartment condos and townhomes to qualifying home buyers who contribute a $2,000 deposit and receive an equity loan to go towards the purchase price of their attainable home. When the home owner decides to sell their home, a portion of the home appreciation is shared with AHCC to be reinvested in the program to serve more Calgarians. “This is an important milestone for the 10 families who are achieving housing independence this week and marks a tangible step forward for the Mattamy-Attainable Homes 18 YPNEXTHOME.CA
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MORE TRENDING ONLINE ypnexthome.ca/news
relationship,” said David Watson, AHCC President and CEO. “It is partnerships like this that make it possible for us to provide families who might not otherwise be able to afford a home, with a place to call their own and greater stability in their lives.” The Cityscape townhomes are two and three bedroom designs that also include an attached single car garage. When the homes became available for purchase in January, a number of families camped out overnight to be first in line to buy them, a group of them going so far as to nickname themselves “the crazy eight” in a show of unity and community. New homeowners officially began taking possession of townhome units in Cityscape last Thursday. Located at Country Hills Blvd and Metis Trail, Cityscape is an integrated master-planned community that will ultimately offer 4,000 homes to the city. Visit mattamyhomes.com for more information regarding Cityscape, and attainyourhome.com for more information regarding AHCC.
The Hartwick family in front of their new Cityscape Village Home. From left, David Watson, AHCC president and CEO; Shauna Hartwick, homeowner; her parents, Carol and Don Hartwick, and children, Teagan Green and Jacob Hartwick; and Warren Saunders, vicepresident, sales and marketing, Mattamy Homes.
›› CALGARYREGIONEAST NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
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CHESTERMERE 797 LANGDON
22X
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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
2A 04 BUFFALO HILLS (coming soon)
BUILDERS: Prominent Homes Douglas Homes, Klair Custom Homes Prominent Homes, Mapeland Homes
LAKEPOINTE
DEVELOPER: Mattamy Homes BUILDER: Mattamy Homes Sales centre 400 Westpark Dr.
LANGDON BOULDER CREEK ESTATES
DEVELOPER: Harmony Park BUILDERS: Stepper Custom Homes, Broadview Homes
HANSON PARK
DEVELOPER: Hanson Park Developments BUILDERS: Canaco Homes Ltd, Ovation Homes Ltd, Douglas Homes
STRATHMORE THE RANCH IN STRATHMORE DEVELOPER: United BUILDERS: Jager Homes and Westview Builders
WILDFLOWER RANCH IN STRATHMORE
DEVELOPER: Cancorp Property Group Inc. BUILDERS: Carpenter Homes, Paradyme Homes, Aquilla Homes and Canterra Custom Homes
EDGEFIELD IN STRATHMORE
DEVELOPER: Pollyco BUILDERS: ReidBuilt Homes, Ovation Homes, Westview Homes, Aquilla Homes www.edgefieldstrathmore.com
LYALTA 03 THE LAKES OF MUIRFIELD
BUILDERS: Douglas Homes, Today’s Homes, Ribero Homes and Compass Rose Homes
SEARCH ONLINE ypnexthome.ca
NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 19
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
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
14 NEW 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
H O M E S B Y AV I | M O R R I S O N H O M E S | S H A N E H O M E S | S T E R L I N G H O M E S T R I C O H O M E S | C A R D E L L I F E S T Y L E S | J AY M A N M O D U S | C E D A R G L E N L I V I N G
rthwest
DEVELOPER: Genstar BUILDERS: Cardel Homes, Acuri Homes
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DEVELOPER: Genesis Land Development Corp. BUILDERS: Genesis Builders Group www.genesisland.com
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NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
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Developer: Birchwood Properties
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37 STREET
04 SAGE HILL SARCEE TRAIL
DEVELOPER: Genstar BUILDERS: Homes by Avi, Cardel CityLifeExcel Homes, Homes,9Landmark, 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
DEVELOPER: United Communities BUILDERS: Pacesetter Homes
11 Milano
05 NOLAN Showhomes: HILL 99 Panatella Hill NW
Builders: Trico Homes DEVELOPER: United Communities BUILDERS: Homes by Avi, DEVELOPER: Birchwood Properties Morrison Homes, Shane Homes, BUILDERS: Birchwood Properties Sterling Homes, Trico Homes, Ranch 10 Hanson kora Glen Rd. NW Showhomes: Hidden Creek Blvd. NW Jager Homes, Pacesetter Homes 03 EVANSTON www.nolanhillunited.com Developer: Cedarglen Homes | Cardel Homes and Development Corp. | DEVELOPER: Qualico elopments Builders: Genstar 06 BEACON HEIGHTS Communities Homes | Majestic Homes | BUILDERS: Broadview, NuVista, DEVELOPER: Intergulf Cidex es | Centrex Homes BUILDER: Trico Homes, Intergulf Trico Homes, Pacesetter Homes, Cidex Sterling Homes, Jayman MasterBUILT
Homes | Albi Homes
02 ROYAL OAK Builders: Birchwood Properties
11 VALLEY POINTE ESTATES
12 BEARSPAW WILLOW CREEK
BUILDERS: Astoria Custom Homes, Hyatt Homes, Laratta Homes, Mckinley Masters Custom Homes
13 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
14 EVANSRIDGE
DEVELOPER: Dream Development BUILDERS: DS Homes, Homes by Avi, Genesis Builders Group, Morrison Homes, Innovations by Jayman, Westview Builders, Stepper Custom Homes, Calbridge Homes, Excel Homes
15 ROCK LAKE ESTATES
85 STREET
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DEVELOPER: Melcor BUILDERS: Landmark Homes, Albi Homes
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Development Corp. omes
›› NORTHWESTCOMMUNITIES
DEVELOPER: Decker Management BUILDERS: Crystal Creek Homes, Lupi Luxury Homes
17 SHERWOOD
DEVELOPER: Melcor BUILDERS: Shane Homes, Homes by Avi, Genesis Builders Group www.lifeinsherwood.com
18 MOUNT PLEASANT
BUILDER: Landmark Homes www.landmarkgroup.ca
19 SYMONS GATE
DEVELOPER: Brookfield Residential BUILDERS: Brookfield Residential, Jayman MasterBuilt, Morrison Homes
NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 21
144 AVE NW
SYMONS VALLEY RD NW
FARMER’S MARKET
SAGE BLUFF BLVD NW
STONEY TRAIL NW
Final Phase Now Selling
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We are now selling the last of Northwest Calgary's highly sought after Ridge Lots. With 8 reputable builders to choose from and terrific home options from attached homes to estate, EvansRidge has the home your family deserves.
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A Northwest Community by
Trending
Calgarians divided over arena plans
NEW
Showhome Parade Now Open!
By Gene Kosowan CALGARIANS CONTINUE TO mull over the benefits
and costs surrounding the possibility of a new arena, fieldhouse and redevelopment of West Village adjacent to the complex. The $950-million project dubbed CalgaryNEXT, introduced in August by Ken King, CEO of the Calgary Sports and Entertainment Group – which owns the NHL Flames and the CFL Stampeders – has been front-page news across the city. Even after making public that the city was considering a bid on the 2026 Winter Olympics, an event that would likely require a new rink, Mayor Naheen Nenshi seemed quizzical about the benefits of such facilities for Calgary. He cites a “stack of academic reports” that claim there is never an economic benefit out of these sorts of investments. Calgarians appear split on the notion of replacing the Saddledome with a new venue. In a recent survey, almost half of the respondents were against the city and the sports ownership group each chipping in $200 million to the project. City councillors argue that citizens aren’t thrilled with taxpayers’ dollars going into sports infrastructure, while other elected officials say the proposal is necessary to spark downtown activity. According to the CalgaryNEXT financial plan, additional money would come from a $240-million Community Revitalization Levy which would be paid back in taxes affecting residents and businesses in West Village, which would also receive a makeover. Remaining funds would come via $250 user fee and ticket tax charged to patrons of the new sports facilities. “It is premature to comment on how this will affect taxpayers,” says King. “Our proposed funding model was developed to work in conjunction with existing city plans of building out the West Village and the construction of a fieldhouse for the city. We’re bringing $450 million in funding to the table in order to help move this development forward. “Our goal is to continue to build on the legacy of this great city we all live in.” Gene Kosowan is a freelance writer specializing in real estate in Alberta 24 YPNEXTHOME.CA
more space to
DREAM
Life offers something extra to those who dare to dream. With 46 acres of parkland featuring 17 ponds, 5 kms of paved pathways, basketball court and 3 playgrounds, there is truly something for everyone in Watermark. Don’t settle for less. Build your dream home, or choose from the selection of quick possession homes, starting at $1.2 million. Visit our Builder’s Showhomes today.
C B
A. TYPICAL CALGARY ESTATE LOT 50’x 120’ | B. WATERMARK SMALLEST LOT 82’x 139’ | C. WATERMARK LARGEST LOT 200’ x 200’
A
To see just how BIG life can be in Watermark, visit one of our showhomes or visit
DreamBiggerInWatermark.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
MEM
ORI
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
5
37 STREET
17 AVENUE
SARCEE TRAIL
14 AVENUE SW
69 STREET
05 ELMONT BAY
BUILDERS: Westview Builders, Winwood Homes www.elmontbay.com
06 DRESSAGE IN SILVERADO
DEVELOPER: Qualico Communities BUILDERS: Baywest Homes, Augusta Homes
SOUTHLAND DRIVE
07 WESTLAND ESTATES
BUILDERS: Baywest Homes, WestView Builders www.westlandestates.ca
08 WEST GROVE ESTATES
ANDERSON ROAD
BOTTOM TR
FISH CREEK PARK
9
MCKEVITT JAMES
FISH CREEK BLVD
BUILDERS: Prominent Homes, Crystal Creek Homes, Lupi Luxury Homes, Augusta Fine Homes, West Grove Estates
09 SHAWNEE PARK
DEVELOPER: Cardel Homes BUILDERS: Cardel Homes www.cardelhomes.com
10 ASPEN WOODS ESTATES
SHAWNESSY BLVD.
MA IL
TRA
6
SHERIFF KING STREET
D
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CLE
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37 STRE
DEVELOPER: Springbank Land Company BUILDERS: Crystal Creek Homes, Homes by Us, Truman Homes and Westview Builders
162 AVENUE
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
NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 27
NOR TH RI
ELIZA BETH STR EET
DG
SANDSTONE DRIVE MOUNTAINVIEW GATE
E DR.
549
OKOTOKS
›› 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.
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ID GE D
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SANDSTONE DR. MOUNTAINVIEW GATE
338 AVE. E.
8
1
MILLIGAN DR.
OKOTOKS
549
CRYSTAL RIDGE GOLF CLUB
3 32 ST. E.
2A
WEST
370 AVE. E.
02 CIMARRON
DEVELOPER: Tristar Communities BUILDERS: Excel Homes, Trico Homes, Coco Homes, Timbercreek Homes, Westview Homes, Kunz Homes
03 DRAKE LANDING
CIM
RO N TR A I L
2B
N
32 ST. E.
DEVELOPER: Bordeaux Developments BUILDERS: Baywest Homes, Sterling Homes, Wolverine Custom Homes
AR
CIMA O RR
WESTLAND ST.
01 OKOTOKS AIR RANCH & RANCHERS’ RISE
4
SOUTHRIDGE DR.
WESTLAND ST.
2A
D R.
CIMARRON BLV D.
RI
DG E
LVD.
7
2A
04 WESTMOUNT
DEVELOPER: Prominence Development Corp. BUILDERS: Cornerstone Homes, Gramercy Homes, Carpenter Homes
08 MOUNTAINVIEW
(NOW OPEN) AT SANDSTONE DR. & MOUNT BURNS GREEN Apex Developments BUILDERS: Excel Homes, Sterling Homes www.mountainviewokotoks.com
DEVELOPER: United Communities BUILDERS: Lifestyle Homes, Sterling Homes, Prominent Homes
NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 29
NEW SHOWHOMES NOW OPEN
Open your door to Drake Landing Discover an established, family-friendly community in Okotoks where you can build a new home with an award-winning builder and open your door to nature preserves, parks and playgrounds. A new phase has just been released - act now to have your choice of home and lot and tour a showhome at the corner of Milligan Drive and Drake Landing Blvd. Visit DRAKEUNITED.COM for builder information, lot maps and directions.
L I F E S T Y L E H O M E S | P R O M I N E N T H O M E S | S T E R L I N G H O M E S Starting from the $400s
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MY
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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
TR
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MCKNIGHT BLVD.
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14 STREET
.
64 AVENUE
68 STREET
UR
CENTRE STREET
LA
64 AVE.
FALCON RIDGE
SHA GAN N
36 STREET
IN
CALGARY INTERNATIONAL AIRPORT NOSE HILL PARK
OH
2
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DE ER F
BE
OO T
COUNTRY HILLS BLVD.
16 AVENUE
16 AVENUE
NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.
01 SADDLESTONE
04 REDSTONE
02 SADDLEBROOK
05 CITYSCAPE
DEVELOPER: Genesis Land Development Corp. BUILDERS: Genesis Builders Group www.saddlestonecalgary.com
DEVELOPER: Qualico Communities BUILDERS: Broadview Homes, NuVista Homes, Pacesetter Homes, Innovations by Jayman, Trico Homes
DEVELOPER: MLC Land Company BUILDERS: Elite Homes, Pacesetter Homes, Trico Homes
DEVELOPER: Mattamy Homes BUILDERS: Mattamy Homes
03 CORNERSTONE
DEVELOPER: Walton Development Coming soon www.liveatcornerstone.ca
MATCALGARY_Banner – New Home Guide
Due: 4/08/2015
File Name: MATCALGARY_AllSites FC BC Banner_NHG_Mag Trim: 6.75” x 1.5” Bleed: NA
mattamyhomes.com
Safety/V.O.: .25” Colours: CMYK
Publication: New Home Guide DPI: 300 Built: 4/08/2015 - SS
FIND NEW FRONT-DRIVE DESIGNS AT CITYSCAPE & SOUTHWINDS (SEE BACK COVER)
NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 33
Insight
Launch your landscape plan this winter By Brad Jackman
WITH THE TREES bare and winter on the horizon, landscaping may not be a priority for homeowners to contemplate. Landscape 360 would like to highlight a few ideas homeowners can explore over the winter. Hiring a landscape contractor should be exciting and satisfying. However, this can be a very discouraging time for some homeowners, unsure of where to 34 YPNEXTHOME.CA
begin, what you want it to look like and who to talk too. Here are a few tips to guide you through a satisfying landscape construction experience. 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 your desired time frame. Have a budget. It is important to understand that quality landscaping requires substantial investments of time and money. Thus having a budget and planning around that budget will be crucial. It is also not unusual for work to be split up over consecutive summers, easing some of the financial burden while creating
your backyard paradise. Depending on what is required for labour, equipment, and materials it may be more or less of an investment one season to the next. However, it is sometimes more cost effective to do the whole project at once. Booking a consultation with a reputable landscaper will allow you to see if your budget is in line with your vision.
Hire a professional. Many homeowners underestimate the work associated with landscaping, or the knowledge required to produce a quality outdoor living space. Weekend warriors may be in for a surprise! It is important to hire someone who has extensive experience in the industry, and is a full service landscape company. Find a landscape
company that will complete the task from start to finish and handle any subcontracting required. Know your options. 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. Ask to speak with former clients who have had similar projects to the one you’re considering. Your options include patios, lighting, decks, walkways, garden beds, trees, plants and fences to irrigation, drainage solutions, boulders, retaining walls, water features, decorative concrete, outdoor cooking and fire pits. Clearly, there are many choices and it pays to explore all your options carefully. A stylish functional yard can create a vibrant feel to your home. Be the envy of the block and provide a sanctuary for your family, friends and pets. Landscaping improves your quality of life, increases the value of your home and adds a little personal flare to your home’s exterior. Landscape 360 is a full-service landscape construction company. Our philosophy is based upon professionalism, quality, trust and respect. Landscape 360 Professional Landscape Construction 403.452.0360, landscape360.ca Like us on facebook NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 35
›› COCHRANECOMMUNITIES RA
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RD
261
SUNSET BLVD.
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DEVELOPER: Tamani Communities BUILDERS: Innovations by Jayman, Sabal Homes, Jayman MasterBUILT, Trico Homes
AN
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04 RIVERSONG
HL
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NG
DEVELOPER: Melcor BUILDERS: Jayman MasterBUILT, Innovations by Jayman, Janssen, Calbridge, Landmark Homes, Excel Homes, Homes by Avi
NC
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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
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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
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22
01 HERITAGE HILLS
1S
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2
8
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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
NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 37
RANGE RD 40
HORSE CREEK RD.
NG
1A
1A
Advice | MORTGAGE MOGUL
Welcome to Canada Mortgage basics for newcomers By Jason Eldridge FRESH OFF THE HEELS of a historic
election that now sees a liberal government leading our country for the next four years, and given that part of their platform was to open our borders and welcome immigrants to move to Canada, this is a good time to review the mortgage programs that banks, financial institutions and insurers offer new Canadians. Under the Genworth, CMHC and Canada Guaranty New To Canada Programs, immigrants who have relocated to Canada within the past five years (and who have either a valid work VISA or who have obtained their landed immigrant status) are eligible to purchase a property with as little as five per cent of the purchase price as the required down payment. Such properties must be marketable, and may include single-family homes, condos or townhomes, and these property types may be purchased through a builder or on the resale market. From a qualifying perspective, clients wishing to qualify under the New to Canada Programs must have either established Canadian credit (assuming they have been living in Canada and have had credit for a minimum of one year) and meet the minimum credit requirements of both the lender and the insurer, or they have to provide a copy of either an acceptable international Equifax or Transunion credit report. Failing this, two alternate sources of credit verification for a minimum of 12 months must be provided. This would include a letter from a landlord confirming rental payment history for where they are currently living and confirmation of a utility,
MORE ADVICE ONLINE ypnexthome.ca/news/advice
cell phone or cable bill being paid as agreed for a minimum of a year for that same address. With respect to income, each applicant must have full-time, permanent employment and have been working with their current employer for a minimum of three months. If you are already operating your own business in Canada, you must have filed a minimum of two personal income tax returns while operating your own business in order to caluculate an average annual income that may be used for qualifying purposes. As with most home purchases, the down payment must come from traditional down payment sources
such as accumulated savings (90 day transaction history of the bank and/ or investment account(s) must be provided), a non-repayable gift from an immediate family member (parent, grand-parent or sibling) or the sale proceeds from the sale of another property, just to name a few. For those who have just moved to Canada, and don’t have either a valid work VISA or landed immigrant status, CMHC offers those clients the option to purchase a property with as little as 10 per cent down payment. It is important to note that not all lenders participate in the New to Canada Programs, so in order to get the best advice and product offerings, I recommend you to contact me with a request for more details. As always, I welcome any questions or comments you may have regarding the information contained in any of 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
38 YPNEXTHOME.CA
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THE BOW
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show home hours
Monday to Thursday: 2-8pm Saturday, Sunday & Holidays: 12-5pm Friday: Closed
10/16/2015 6:56:49 AM
Auburn Bay Gardens Developer: Carma Builders: Heartland Homes | Cardel Homes | Cedarglen Homes | Baywest Homes | Jayman MasterBUILT | Albi Homes | Morrison Homes
2 Copperfield Developer: Hopewell Residential Communities Builders: Broadview Homes | Coco Homes Sabal Homes | Stepper Custom Homes
17 AVEN
3 Cranston Developer: Carma Builders: Albi Homes | Beattie Homes | Cardel Homes | Cedarglen Homes | Trico Homes
Cranston Estates Showhomes: Corner of Cranston Ave.& Cranarch Rd. Builders: Albi Homes | Landmark Homes | Baywest Homes
4 WALDEN
MORE VOIR
HLAND DRIVE
me all the possibilities
DERSON ROAD
24 STREET
Showhomes: Walden Rise SE Developer: Genstar Builders: Shane Homes | Cardel Homes | Innovations by Jayman | Excel Homes Developer: Carma
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
The Apex showhome in Legacy
Step into a Morrison showhome. Step out inspired.
VILLAGE OF PRESTWICK Showhomes: Prestwick Blvd SE. Builders: Cedarglen Homes | Jayman MasterBUILT
7 New Brighton
Showhomes: New Brighton Dr. SE. Developer: Carma Describing what sets a Morrison-built home apart is like explaining why we’re Calgary’s 12-time Builders: Beattie Homes | Cardel Homes | Cedarglen Builder of the Year. It’s something you just need to experience for yourself. Start by visiting Homes | Morrison Homes | Heartland Homes | Homes by Avi
our showhomes. Then talk to us about your dreams and plans. We think you’ll agree – helping
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THE HOMEBUYER’S BEST FRIEND TM Explore galleries, floorplans, showhome maps and more at MorrisonHomes.ca
FIND US IN AUBURN BAY, EVANSRIDGE, LEGACY, MAHOGANY, NEW BRIGHTON, NOLAN HILL AND SYMONS GATE.
EEK PARK
TT VI
JAMES McKE
5 Mahogany
2 AVENUE
S
68 STR
14 STR
16 AVENUE
16 AVENUE
MEM OR
17 AVENUE
IVE DR
›› SOUTHEASTCOMMUNITIES IAL
17 AVENUE
A IL
GLENMORE TRAIL
9 DERSON ROAD
A
130 AV ENU E
B
W O
FISH CREEK PARK
L
AKE
cLE
Ma
2 AVENUE
Mc KENZIE
SHAWNESSY BLVD.
6
7 NE
LOR
M
IL TRA
2
TR
3
8
AIL
SPRUCE MEADOWS HWAY
D OA
OF 5 QUIS NOTE: Map is just a graphic representation MARof areas of developments. See ad of a particular project for more details. SHERIFF KING STREET
JAMES McKE
TT VI
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
05 MAHOGANY
IL
TOM TR BOT
24 STREET
DEE R
52 STREET
HLAND DRIVE
04 WALDEN
DEVELOPER: Genstar BUILDERS: Cardel Homes, Excel Homes, Homes by Avi, California Homes, Avi Urban
BARLOW TRAIL
MORE VOIR
DEVELOPER: Brookfield Residential BUILDERS: Albi Homes, Shane Homes, Cardel Homes, Cedarglen Homes, Trico Homes, Morrison Homes, Landmark Homes, Baywest Homes, Brookfield Residential RIVERSTONE OF CRANSTON BUILDERS: Albi Homes, Cedarglen Homes, Landmark Homes, Baywest Homes, Calbridge Homes, Brookfield Residential www.livecranston.ca
52 STREET
MacLEOAD TRAIL
ELBOW DRIV E
BLACKF OOT
TR
03 CRANSTON
1 CRANSTON AVE. SE
06 McKENZIE TOWNE
DEVELOPER: Brookfield Residential BUILDER: Mosaic Townhomes: Brookfield Residential www.livemckenzietowne.com
07 NEW BRIGHTON
DEVELOPER: Brookfield Residential BUILDERS: Shane Homes, Cedarglen Homes, Morrison Homes www.livenewbrighton.ca
08 CHAPARRAL VALLEY SETON BLVD SE
4
DEVELOPER: Genstar BUILDERS: Cardel Homes, Jayman MasterBUILT, Innovations by Jayman, Cardel Lifestyles, Homes by Avi, California Homes
09 QUARRY PARK
DEVELOPER: Remington Corporation BUILDERS: Cardel Homes, Birchwood Properties, Albi Homes
10
01 AUBURN BAY
9
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
10 LEGACY
DEVELOPER: Westcreek Developments BUILDERS: Stepper Custom Homes, Albi Homes, Trico Homes, Excel Homes, Sterling Homes, Creations by Shane Homes, Innovations by Jayman, Calbridge Homes, Morrison Homes www.legacylife.com
DEVELOPER: Hopewell Residential BUILDERS: Excel Homes, Hopewell Residential, Stepper Custom Homes
NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 41
EDMONTON’S RESIDENTIAL MARKET TO REMAIN HISTORICALLY STRONG IN 2015 & 2016
Canada Mortgage and Housing Corporation (CMHC)
In the Edmonton regional resale market, CMHC
expects the number of Edmonton regional new housing
is projecting the number of resale transactions to
starts to decline by 32.3% in 2016, according to the
contract overall in 2015 and 2016 by 11.9% and 1.7%
agency’s 2015 Fall outlook.
respectively. Average price movements in this market are, however, expected to remain positive this year and
This decline is expected to be driven by a 47.6%
next by growing 0.8% and 1.5%.
reduction in annual multi-family starts and a 5.1% reduction in single-family starts. According to CMHC,
Intelligence House tracks an index that keeps a running
these projected contractions will be coming off of annual
total of all annual Edmonton regional resale housing
housing start growth rates that should total +49.1% for
transactions and new home absorptions, as well as
multi-family and -13.6% for this year.
average price movements. From this database, we calculate our own estimations of the total transaction
While some of these 2016 housing start reduction levels
value of the Edmonton regional resale and new
may seem severe, it is important to understand that
housing market, and projections for this value based
these predictions were based on the idea that builders
on the updated expectations of CMHC and our own
will act to control inventory levels of those homes not
expectations derived thereafter.
immediately absorbed upon finishing, as too much of this sort of housing supply can place downward
This model, in consideration of the above expectations,
pressures on new housing prices. This is why CMHC
currently predicts the total transaction value of
is projecting that the average price of absorbed new
Edmonton’s regional market should equal roughly
housing will finish this year up 5.5% and grow by an
$11.3 billion in 2015 at a level that will be near equal
additional 1.5% in 2016.
to the value computed for 2014 (-0.006%). Looking ahead, this value is expected to fall to $10.4 billion or
As of September 2015, the number of new housing
by 8.4%.
absorptions has been strong by historical comparisons and Intelligence House expects this number will come
By historical comparisons, both of these values remain
to total 12% greater annually this year. However, we
respectively higher than those values calculated from
are expecting this number to decline by 23% in 2016,
2013 back to 2010, the year that our index begins. In
based on CMHC’s housing start expectations for that
other words, the value of Edmonton’s total transaction
year. Intelligence House is Edmonton’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales services to the real estate industry.
levels continued to reach historic records in 2015 and is projected to remain high by recent accounts in 2016. From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield
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 to the real estate industry.
42 YPNEXTHOME.CA
From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield
Advice | THE HOMEBUYING PROCESS
Today’s new homes provide healthy indoor environment By Donna Moore AS WE MOVE FROM late fall into winter and the temperatures grow colder, more Calgarians will increase their time indoors. When the snow flies, people typically go into the cocooning mood and may spend as much as 90 per cent of their time indoors – much of it in their homes. The “health” of your home, th en, becomes more important, especially to those with allergies, young children or elderly family members. Off-gassing from building materials, paint, finishes and new furniture, excessive moisture that can cause a buildup of mould and mildew, and improper ventilation and incomplete combustion in heating systems can all have an impact on air quality. There is also off-gassing from the use of household cleaners and sprays, dust, emissions from equipment used in a home office as well as the dander and hair contributed by your pets. Today’s new home are designed and built to give your family the best possible living environment. New home builders in the Calgary region are addressing the indoor environment starting from the construction and design process. They recognize that good indoor air quality begins with solid construction that prevents air leakage and moisture penetration that eliminates dampness and cold spots. New processes that are used today not only increase comfort, but also prevent mould growth. As a way to prevent condensation, exterior walls are well insulated with air barriers, vapour retarders and caulking, and energy-efficient
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windows are expertly installed. Mechanical ventilation is included in every new home, using exhaust fans to get rid of stale or excess moist air that is often generated inside the home as a result of daily routines. Many new homes come with a heat recovery ventilator, which continuously brings in fresh, filtered air from the outside, while eliminating the stale air. These energy-efficient heating and cooling systems operate cleanly and safely, drawing air directly from the outside and venting exhaust gasses separately to avoid any risk of noxious fumes inside the home. Building codes today are designed to protect the homeowners and conserve energy, making homes
healthier and more sustainable, as well as safer for those living in them. When you visit the various showhomes and chat with builders or their representatives, you’ll discover that many are using environmentallyfriendly building materials such as non-solvent-based glues and grouts and water-based paints to reduce the amount of pollutants or contaminants introduced into the home during construction. Besides the materials, many products are selected and installed by local builders because they have a positive long-term effect on the quality of air inside your new home. For example, going with a hard-surface flooring material that doesn’t off-gas or selecting cabinets and countertops that can be easily cleaned with mild, non-toxic solutions are among the ways to help promote a cleaner environment in your new home.
Donna Moore is Executive Officer, Calgary Region Home Builders’ Association, 403.235.1911, crhba.com
NOV 6 - DEC 4, 2015 | NEW HOME GUIDE 43
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New design trends in home cabinetry
Homeowners want not only great looking kitchens, “they have to be functional as well,” Chen says. “More and more people are willing to upgrade to drawers, accessories, pull outs, etc., to enhance the functionality of their cabinets.” Built-in cabinetry throughout the home is also gaining in popularity such as home entertainment centres in the bonus room, and wine racks with wine fridges in the kitchen or in a wet bar off the bonus room. Another trend is the addition of melamine or wood built-ins in the owners’ bedroom closet. “We’re doing more towers with a bank of drawers and open shelves and shoe racks,” Chen says. “People love ASK AN EXPERT: by HEATHER RYAN Q: Can you tell me abo them because they are more functional than wire shelving and it A: “With cabinets people minimizes the need for additional dressers in the bedroom.” And people want to have the wood work consistent throughout themodern/contemporary s home, she adds. “Although some people are choosing to change the Kingswood Interiors Ltd. colour, like something bright for the kids’ bathroom, they are mostly home purchasers and sh are gaining more interes keeping the same style of cabinets so they have a uniform look.” right now, with white an As for cabinet styles, Chen notes about 60 per cent of their customers “Maple is the most com prefer transitional, (shaker, flat panel doors), but many are mixing many are doing two-ton transitional with contemporary to reflect their personal tastes. match so they go with w If you have other home related questions, contact Shane Homes at switch that around, or th cabinets and go with a d info@shanehomes.com. She notes the two-ton catches the eye and mak kitchen and it will genera
New desi in home
Q&A
Q: Can you tell me about some of the new trends in home cabinets? A: “With cabinets people are moving more and more towards the modern/contemporary style,” says Sarah Chen, account manager for Kingswood Interiors Ltd., which crafts cabinets for Shane Homes’ new home purchasers and showhomes. “High gloss and textured melamine are gaining more interest and paint grade solid colours are very popular right now, with white and off-white being the most popular. “Maple is the most common wood choice with homeowners and many are doing two-tone cabinets,” Chen adds. “They like to mix and match so they go with white upper cabinets and darker lowers or they switch that around, or they choose white for their upper and lower cabinets and go with a dark island.” She notes the two-tone look adds a contrast in the kitchen “that really catches the eye and makes things pop. It creates a focal point in the kitchen and it will generate more interest in the home.”
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A PARK IS A PLACE EVERYBODY CAN CALL HOME. Beyond great houses, innovative layouts and friendly streetscapes, one of the more important things Mattamy Homes aims to build is a sense of community. This is why building great playgrounds and open spaces is always near the top of our to-do list. The newly completed Osborne Park is one of those special places that defines Mattamy’s dedication to our communities. With features that allow its use year-round – like a toboggan hill and a puddle rink – Osborne Park was designed to draw the community together.
We named this place as a tribute to the Osborne family, the original residents of the land upon which Southwinds was built. Pillars of the early Airdrie community, the Osborne’s exemplified a spirit of generosity and a respect for local history that still influences the region today. Come visit us at Osborne Park in Southwinds. We hope that you’ll take a moment to learn about the area’s rich past and experience what the community stands for today.
FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM
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SALES CENTRE HOURS: Monday - Thursday 1pm-8pm; Friday 1pm-6 pm; Saturday, Sunday and Holidays 11am-6pm Prices, specifications, promotions, terms and conditions subject to change without notice.
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