Calgary New Communities - Fall 2017 by NextHome

FALL 2017 | nexthome.ca

NEWCOMMUNITIES CALGARY & AREA

TOP PLACES TO INVEST IN ALBERTA

EXPLORING PASSIVE HOUSING & THE MISSING MIDDLE

IS IT TIME TO LOCK IN YOUR MORTGAGE?

Visit one of Cornerstone’s 31 showhomes this Fall to enter to

WIN one of four

$250

NEW HOMES STARTING FROM THE

$310,000S DUPLEX from the $330’s

COURTYARD from the $470’s

ZERO LOT from the $380’s

FRONT DRIVE from the $490’s

STREET TOWNS from the $310’s

gift cards to Sunridge Mall.

Check in on

for an additional chance to win!

LIVEATCORNERSTONE.CA

No purchase necessary. Completed ballots must be received in Cornerstone or on the Cornerstone Calgary Facebook page between Monday, September 11, 2017 and Sunday, November 5, 2017. Winner cannot be an employee or family member of Walton or any of the Cornerstone builder partners. Contest closes Sunday, November 5, 2017 at 5pm.

facebook.com/CornerstoneCalgary

twitter.com/Cornerstone_YYC

FALL 2017 | VOLUME 8 ISSUE 2

CONTENTS COMMUNITY PROFILES

DISTRICT MAPS

26 28 34 37 66 69 76

07 Airdrie 21 Northeast

Mattamy’s Carrington United’s Nolan Hill Qualico’s Crestmont Harmony in Springbank United’s Belmont Brimore, The Rise United’s Drake

TRENDING

12 Calgary News

Calgary Millennials; Alberta’s contribution to national economy

14 National News

Free credit score monitoring; more greenspaces, please

ADVICE

16 Landscape 360

Launch your landscape plan this fall and winter BY BRAD JACKMAN

22 Calgaryism

Your guide to choosing the right new home floorplan BY CODY BATTERSHILL

42 Mortgage Intel

Is it time to lock in a long-term mortgage? BY ALYSSA FURTADO

NEIGHBOURHOOD PROFILE

80 The Beltline

One hopping neighbourhood in Calgary

IN EVERY ISSUE

6 Editor’s Note 10 What’s Online

4 NextHome.ca

25 Northwest 41 Cochrane 59 Southeast

65 Southwest 75 Okotoks 81 Inner City

on the cover:

FALL 2017 | nexthome.ca

NEWCOMMUNITIES

CALGARY & AREA

VICE-PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF CONTENT & EDITOR-IN-CHIEF

Jennifer Reynolds MANAGING EDITOR

Wayne Karl ACTING ART DIRECTOR

Miguel Cea

DREAM DEVELOPMENT CONTRIBUTING EDITORS

CELEBRATING ONE YEAR AT VISTA CROSSING

TOP PLACES TO INVEST IN ALBERTA

EXPLORING PASSIVE HOUSING & THE MISSING MIDDLE

IS IT TIME TO LOCK IN YOUR MORTGAGE?

Sonia Bell Elisa Krovblit MEDIA CONSULTANT

Natalie Houghton 587.226.1313

special feature:

SENIOR MANAGER, DISTRIBUTION

Dwayne Rutherford NATIONAL CIRCULATION MANAGER

John Jenkins PRODUCTION MANAGER

Anthony Majetic PRODUCTION CO-ORDINATOR

Greg Van Sluytman GRAPHIC DESIGNERS

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FOR ADVERTISING INQUIRIES PLEASE CONTACT:

403.200.8462 FOR NATIONAL ADVERTISING INQUIRIES CALL:

THE TOP PLACES TO INVEST IN REAL ESTATE IN ALBERTA

416.263.6783

Published by

A brand of Yellow Pages Homes Ltd.

Q&A:

72 WITH ALLAN KLASSEN, SENIOR VICE-PRESIDENT, CALGARY HOUSING, BROOKFIELD RESIDENTIAL

Calgary & Area New Communities is published two times per year. 2891 Sunridge 7K7. Tel 587.226.1313. The magazine is free to the public. Copyright covers the contents of this publication and prevents reproduction in whole or in part; offenders will be prosecuted. We reserve the right to refuse any advertising, to make changes or edit advertising as necessary. Care will be taken to ensure copy accuracy but no warranty is implied or given by the publisher. The publication, the publisher and the printers shall not be responsible for any typographical errors, mistakes, misprints, spot colouring or any information or lack of information furnished by the advertisers.

FALL 2017 | NEW COMMUNITIESâ&#x20AC;&#x192; 5

NEXTHOME

EDITOR’S NOTE GOOD THINGS COME TO THOSE WHO WAIT

WAYNE KARL MANAGING EDITOR NextHome EMAIL: Wayne.Karl@nexthome.ca TWITTER: @WayneKarl

+ get social 6 NextHome.ca

So, the Calgary Flames want a new arena... No, wait, they don’t – if they have to pay more than $275 million of the estimated $555-million cost, with the city and taxpayers on the hook for the balance. Oh, and it has to be in Calgary Sports and Entertainment Corp.’s (CSEC) favoured location near the Saddledome, not as part of Mayor Naheed Nenshi’s proposed revitalization of Victoria Park. Maybe it’s all part of trying to influence Calgarians in advance of the municipal election on Oct. 16. And certainly no one can blame CSEC for campaigning to get as good a deal as possible. But these are all pretty huge numbers, and difficult discussions to have, as the city and province climb their way out of a prolonged economic slump. Just a few hundred kilometres north, however, sits a pretty compelling reason both parties should hear each other out – Edmonton’s Ice District. More than just Rogers Place, the brand new home of the Edmonton Oilers, this $2.5-billion mixed-use sports and entertainment district is completely revitalizing downtown Edmonton. What does this all have to do with the housing market? The once common theory that new sports facilities are slam-dunk wins for their billionaire owners and millionaire players, but big fat goose eggs for the local economy, has long been disproven. Research that shows such projects – with adjacent residential units – actually boost surrounding real estate values. Edmonton’s Ice District, which when completed will be Canada’s largest mixed-use and entertainment district, is a living example. By this time next year, perhaps we could be discussing how the City and CSEC found a way to cooperate to provide their own massive boost to the local economy.

Interact with us on social media: nexthome

HOT PROPERTIES / CALGARY AREA

AIRDRIE

Elizabeth II Hw y Quee n

10 1 8

7 3 2

4 5

NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

1. BAYSIDE ESTATES

5. SOUTHWINDS

9. THE GATES AT HILLCREST

By: Genesis Land Development Corp. Builders: McKee Homes, ReidBuilt Homes genesisland.com

By: Mattamy Homes Builders: Mattamy Homes mattamyhomes.com/calgary

By: Mattamy Homes Builder: Mattamy Homes mattamyhome.ca/calgary

2. RAVENSWOOD

6. CANALS LANDING

By: Qualico Builders: NuVista, McKee Homes, Pacesetter, Broadview ZEN RAVENSWOOD by Avalon Master Builder ravenswoodairdrie.com

By: Genesis Land Development Corp. Builders: ReidBuilt Homes, Mckee Homes, Crystal Creek Homes, Genesis Builders Group, WestView Builders CANALS by Slokker Homes genesisland.com

10. CREEKSIDE CREEKSIDE VILLAGE by Carlisle Group

3. COOPER’S CROSSING By: Westmark Holdings Builders: McKee Homes, Trico Homes, Vesta Properties, Canterra Custom Homes, Crystal Creek Homes and Harder Homes, Lifestyle Homes cooperscrossing.ca

4. HILLCREST By: Apex Developments Builders: Excel Homes, Shane Homes, McKee Homes hillcrestairdrie.com

7. PIER 11 By: Genesis Land Development Corp. Builders: Genesis Builder Group pier11airdrie.com

11. GEORGETOWN @ Reunion by Slokker Homes

12. VISTA CROSSING IN CROSSFIELD By: Dream Development Builders: McKee Homes, Reidbuilt Homes, Homes by Dream vistacrossing.ca

8. MIDTOWN By: Wenzel Developments & Apex Developments Builders: Shane Homes, Excel Homes, Trico Homes midtowninairdrie.com

FALL 2017 | NEW COMMUNITIES 7

Community Profile

VISTA CROSSING IN CROSSFIELD

Homebuyers living the dream in

VISTA CROSSING IN CROSSFIELD

he dream of having a new home in charming, affordable community that has an abundance of already established amenities at the doorstep is coming true for many new homebuyers. Dream Development is thrilled that just one year into its development Vista Crossing has proven highly successful in attracting young families to Crossfield, just 10 minutes from Airdrie. “Vista Crossing provided us with the unique opportunity to create the first master-planned community in Crossfield and address the pent up demand that hadn’t been satisfied,” says Trevor Dickie, Dream’s vice-president of Calgary Land. “Crossfield is very progressive on development with a

8 NextHome.ca

good tax base from residential, commercial and industrial, so it has good quality infrastructure, services and amenities already in place, and a built-in employment centre. This is appealing to buyers because with most new communities you have to wait years for those things and at Vista Crossing they can enjoy them as soon as they move in.

Vista Crossing LOCATION Vista Crossing in Crossfield DEVELOPER Dream Development BUILDERS Homes By Dream, McKee Homes, and ReidBuilt Homes HOME TYPE Character laned, front-attached garage, semi-detached

CONTACT

vistacrossing.ca

“Crossfield has an ice arena, new library, schools, parks, playgrounds, sports fields, splash park, curling rink and Collicutt Siding Golf Club that is home to the Dream Junior Golf Academy introducing kids from 4-14 to the sport, and has future plans for an expanded skate board park and BMX track,” Dickie says. “As well, Vista Crossing is fully wired with fibre optic and Axia just announced it will be upgrading the speed of Internet service up to 1 Gbps, which is service that most major centres don’t have.” As well, Dream’s Welcome Centre provides information about Vista Crossing and Crossfield and it plays host to community activities. “The community was easy to

believe in,” says Michael Tandara, director of marketing. “With 20 acres of parkland, over four kilometres of walking trails, five acres of protected wetland, playgrounds, barbecues, picnic tables, a large fire pit and a community garden, it wasn’t hard to see how families would be drawn to it. “One year on, seeing residents actually moving in and making Vista Crossing their home has been incredibly rewarding,” Tandara adds. “Children are playing in the parks, the gardens are blooming, and neighbours are getting to know one another. It’s become exactly the kind of tight-knit community we’d hoped it could be.” Vista Crossing offers people an

escape from the city to a community where they can enjoy a laid-back lifestyle, the charm and security of a small town and affordability. “We’ve had a great response from a variety of buyers, a lot of them firsttime buyers and young families who are attracted by the lifestyle,” says Anu Henke, marketing co-ordinator. Dream’s home-building division, Homes by Dream, is building affordable character (laned) homes in Vista Crossing that start at $309,900, as well as semi-detached homes from only $269,900. “We have two new semi-detached models upcoming, both two-storey designs with three bedrooms that range from 1,000 to 1,200 sq. ft.,” Henke says. Homes by Dream is also introducing a new collection of front drive homes that will be available in Vista Crossing in the New Year. There are four character showhomes presenting stylish designs and great features like expansive front porches open for viewing. As well, builders McKee Homes and ReidBuilt Homes are crafting front-attached garage homes, featuring some walkout options that back onto the ponds or wetland, priced from $399,900. Both builders have showhomes open. For more information, visit the showhomes open Monday to Thursday, 4-8 p.m., weekends and holidays, noon-5 p.m., or visit vistacrossing.ca. FALL 2017 | NEW COMMUNITIES 9

WHAT’S ONLINE

TRENDING NOW THE LATEST REAL ESTATE NEWS FROM ACROSS CANADA

Q&A WITH DON R. CAMPBELL REAL ESTATE EXPERT AND AUTHOR

THINGS TO CONSIDER BEFORE YOU HIRE A DESIGNER

nexthome.ca/don-campbell

nexthome.ca/hire-designer

WILL YOUR HOME MAKE A GOOD FIRST IMPRESSION?

MORTGAGE PRE-APPROVAL DOS AND DON’TS

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NEW SHOWHOMES OPEN OCT. 14TH, 2017 AFFORDABLE HOMES IN AN ESTATE COMMUNITY. FRONT DRIVE DUPLEXES

(INC. LOT & GST) FROM THE

520S

NuVista Homes | Broadview Homes | Sterling Homes | Trico Homes

Please contact your home builder for more info, or visit www.crestmont.ca

Qualico Communities are built with one thing in mind - you. Our thoughtfully master-planned spaces are built with an intuitive sense of community that nurtures individuals, families and friendships.

16 A ve N

Sarcee Trail SW

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FRONT DRIVE SINGLE FAMILY

TRENDING

CALGARY MILLENNIALS OWN MORE HOMES THAN THE REST OF CANADA According to the Royal LePage Peak Millennial Survey, suppressed market conditions and ample supply in Alberta over the last couple of years have given rise to the highest proportion of peak Millennial (aged 25 to 30) homeowners in the country, with 42 per cent of respondents owning property. “By and large, Millennials fare relatively well within the Alberta real estate market if they are prepared for homeownership and are competently managing their debt

levels,” says Dawn Maser, realtor, Royal LePage Benchmark in Calgary. “With commodity prices below their historical averages, market characteristics across the province have slightly stuttered in the past couple of years, resulting in inventory levels building up – particularly in the condominium segment – presenting prime opportunities to many who have managed to save their money through the good times.

CANADIAN MILLENIALS SAID...

87%

believe homeownership is a good investment

69%

hope to own a home in the next five years, BUT...

35%

own a home

57%

57% believe they will be able to afford one

50%

are renting

32%

32% stated that they wouldn’t be able to qualify for a mortgage

14%

live with parents

52%

52% believe that they cannot afford a home in their region

IN ALBERTA...

51%

believe the recent implementation of more stringent mortgage stress tests have impacted the property types that they can afford

44%

do not want to pull the trigger on property ownership in their region due to job uncertainty

ALBERTA A HUGE CONTRIBUTOR TO CANADA’S ECONOMY A recent report by Fraser Institute illustrates the significant contribution Alberta makes to the Canadian economy. Analyzing factors such as federal revenue, GDP growth, job creation and business gross fixed capital formation, the report highlights the province’s role in Canada’s economic

PRIVATE SECTOR JOBS (2004-14)

+2.7% annually

Alberta

12 NextHome.ca

+ 1.0% annually 10-Province Average

PRIVATE JOB CREATED (2004-14)

32.5%

Alberta accounted for 32.5% of all private sector jobs created

Total jobs created: 361,000

well-being – particularly from 2004 to 2014 during the height of the oil boom. These figures highlight the importance of keeping Alberta strong and supporting the province during its time of need, Fraser Institute says. Key figures from the report include:

FEDERAL REVENUE NET CONTRIBUTION (2007-15)

CONTRIBUTION TO CANADA’S REAL GDP GROWTH (2004-14)

9.4% to 42.9% $221 billion

17.8% of all federal revenue came from Alberta

3.4%

1.6%

Alberta’s GDP growth rate

Nine other provinces

TRENDING

PROACTIVELY MONITOR YOUR CREDIT WITH NEW SERVICE Credit Karma, the largest provider of free credit scores and credit reports in Canada, has launched a credit monitoring service to proactively track Canadians’ credit reports for free. Now Canadians can stay on top of their credit and react to any suspicious activity easily and quickly. Credit Karma will monitor its members’ TransUnion credit reports on a rolling, daily basis, searching for significant changes on a credit report including: • New credit inquiries, and whether a new account is opened • A creditor reports a delinquency • The status of an account has changed • New personal information such as a name, address or employer has been added • Or, if a consumer statement, bankruptcy or legal item has been reported.

“Credit monitoring can help people find possibly fraudulent activity and information that may be out of date or incorrect, and work to resolve these issues before they make it difficult to get credit you need,” says Credit Karma Founder and CEO Kenneth Lin. Credit Karma pulls in information from a credit report – account overviews, payment history, credit inquiries and legal items like judgments or

consumer proposals – and builds a level of user-friendly personalization on top of these records, which can help Canadians identify items that may require their attention. Credit reports are created and maintained by credit bureaus and contain data that lenders and other financial institutions can use when determining approval for credit cards, loans or lines of credit and their interest rates.

CANADIANS WANT MORE COMMUNITY GREENSPACES A recent survey by TD Bank Group’s GreenSights Report says 95 per cent of Canadians want to be near greenspaces, but most feel what’s in their neighbourhood is below par. The survey is part of the TD Common Ground Project, an initiative focused on revitalizing more than 150 community greenspaces across Canada in recognition of the country’s 150th year. OTHER FINDINGS:

• Room for improvement. Sixty per cent said they visit their community greenspace once a week or more, and 77 per cent said there is room for improvement. Common enhancements suggested include: more public picnic areas, natural playgrounds and solar lighting. • A place to escape. The top three 14 NextHome.ca

activities listed to do in greenspaces were: relax on their own (43 per cent); connecting with nature (42 per cent); and relaxing with family and friends (41 per cent). • Values and trade-offs. Eighteen per cent placed a high priority on living near greenspace when looking for a place to live, closely behind “proximity to good schools,” (23 per cent) and “easy access to public

transit” (19 per cent). Forty per cent said preserving greenspaces should come at the expense of commercial development, followed by housing development (24 per cent) and parking (20 per cent). • Sustainability. Regardless of age, 94 per cent said natural sustainable playground equipment would be important for their local community greenspace.

INSIGHT

LAUNCH YOUR LANDSCAPE PLAN THIS FALL & WINTER BY BRAD JACKMAN

With the seasons beginning to change, landscaping may not be a priority for homeowners to contemplate. Landscape 360 would like to highlight a few ideas you can explore over the fall and winter. Hiring a landscape contractor should be exciting and satisfying. However, it can also be a discouraging time for some homeowners, unsure of where to begin, what you want in your project and who to talk to. 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 seasonâ&#x20AC;&#x2122;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 16â&#x20AC;&#x192; NextHome.ca

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. With that said 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 a firm with 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 that 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. 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 Like us on facebook 403.452.0360, landscape360.ca FALL 2017 | NEW COMMUNITIES 17

Looking for your nexthome? Browse the latest new homes and condos in your area.

CC_New

CC_NewCommunities_Ad_A.indd 1

19-09-17 15:48

Saddleridge

McKnight Blvd

Stoney Trail

60 St 88 Ave

52 St

MÃ©tis Trail

Country Hills Blvd

HOT PROPERTIES / CALGARY AREA 2

NORTH EAST

EAST

564

Calgary

Strathmore 11 1

9 10

Chestermere 5

797

560

Langdon 22X

Heritage Pointe NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

5. SAVANNA IN SADDLE RIDGE

2 KINNIBURGH 9.

By: Genesis Land Development Corp. Builders: Genesis Builders Group saddlestonecalgary.com River ow

By: Genstar Development Co. Builders: Cardel Avi, Excel Black Homes, Homes by Okotoks Homes, Arcuri Homes, Rohit Communities Diamond genstar.com/calgary/savanna

By: Pollyco Developments Builders: Stepper Homes, Canterra custom homes, Sterling Homes, Lifestyle Homes, Douglas Homes, Westridge Fine Homes, Broadview Homes, ReidBuilt Homes, Sunstar Homes, Jager Homes

1. SADDLESTONE

2. CORNERSTONE By: Walton Development Builders: Jayman BUILT, Shane Homes, Morrison Homes, Truman Homes, Pacesetter Homes liveatcornerstone.ca

3. REDSTONE By: Qualico Communities Builders: Broadview Homes, NuVista Homes, Pacesetter Homes, Jayman BUILT, Trico Homes, Creations by Shane Homes, Shane Homes (Shane showhome to be built in spring) calgary.qualicocommunities.com/redstone

4. CITYSCAPE By: Mattamy Homes Builders: Mattamy Homes mattamyhomes.com

6. LIVINGSTON By: Brookfield Residential Builders: Homes by Avi, Brookfield Residential, Morrison Homes, JaymanBuilt, Cedarglen Homes MAVERICK by Avi Urban brookfieldresidential.com

7. SKYVIEW RANCH By: Brookfield Residential Builders: Arrive by Partners Developments

10. LAKEPOINTE By: Mattamy Homes Builder: Mattamy Homes Location: Sales centre 400 Westpark Dr. mattamyhomes.com

11. STRATHMORE THE RANCH IN STRATHMORE

8. CHESTERMERE RAINBOW FALLS

By: United Builders: Jager Homes and WestView Builders theranchunited.com

By: Truman Developments Builder: Jager Homes, Lionsworthe Homes, Douglas Homes, ReidBuilt Homes

12. LYALTA THE LAKES OF MUIRFIELD Builders: Douglas Homes, Today’s Homes, Ribero Homes and Compass Rose Homes lakesofmuirfield.com

FALL 2017 | NEW COMMUNITIES 21

ADVICE | CALGARYISM

HOW TO CHOOSE THE RIGHT FLOORPLAN WHEN BUYING A NEW HOME

CODY BATTERSHILL

One of the most exciting things about buying a new home in Calgary is choosing the floorplan. The type of lifestyle that you and your family live should ultimately determine the floorplan you choose, as it will shape how you experience your home. From room size and layout to location and functionality, there’s more than a handful of factors to consider before choosing a floorplan that’s right for you. Here are a few tips to help you find the perfect floorplan: 1. DECIDE WHAT KIND OF PROPERTY YOU WANT

First and foremost, you must decide what kind of home you need. Every family doesn’t need a sprawling semi-estate home while others won’t feel like they have enough space in a smaller two-bedroom property. You may be okay with parking on the street or decide that a two-car garage is a must-have feature. There’s a wide range of new homes available in developing communities in Calgary, ranging from starter to estate and each with different options, so take the time to consider which one would suit your wants, needs and lifestyle best. 2. PICK YOUR SQUARE FOOTAGE CAREFULLY

One of the first things to consider is how big your floorplan needs to be, 22 NextHome.ca

and not just for now, but for two, five or even 10 years into the future. For example, if you spend a lot of time in the kitchen, choosing a floorplan that offers additional space for upgraded appliances and cabinetry may be just the thing you need. Even if you don’t have a luxury fridge and six-burner gas stove top to start, its possible you’ll think about getting these in a home reno at some point in the future. Another good consideration is the current size or future size of your

family. If you can see your new home being a place you’ll stay for the longterm, then having an extra bedroom (or two) upstairs might be essential. The more space you have to grow into, the happier you’ll be! 3. DETERMINE WHAT KIND OF PLAN YOU WANT BASED ON YOUR DESIGN STYLE

Most modern homes are built with open-concept floorplans while many older homes have a

From room size and layout to location and functionality, there’s more than a handful of factors to consider before choosing a floorplan that’s right for you. residents while a compartmentalized one provides more privacy and usually more rooms to make use of. 4. CONSIDER THE FUNCTIONALITY OF THE FLOORPLAN

The functionality of a floorplan is played out by the location of one room in relation to another. For example, perhaps a quiet room for an office space is a must-have for your home-based business. Having a big enough room far enough away from areas where the kids will be playing may be just what you need. On the other hand, having a long hallway that separates the kitchen from the children’s play spaces may be a problem when trying to communicate with them on a frequent basis. Furthermore, is the mudroom and laundry in a location where it will work for you and be used often instead of the front or back door?

compartmentalized interior with rooms on each level separated by walls. The question is which one would fit your needs best? Think about how you would furnish and decorate while also keeping in mind that flowing and coordinated colour schemes are an important part of creating that perfect interior space. An additional consideration is the functionality of the floorplan, as an open-concept one offers more space and easier communication between

Other questions you’ll want to answer before choosing a floorplan include: • How do you typically entertain guests? Do you enjoy small, formal dinners or much larger pot-luck style gatherings? • Is there a possibility that you’ll need additional living spaces for elderly parents or grandchildren in the future? • How long do you see yourself living in this space and what kind of square footage do you need to be able to grow into the house over the long-term? 5. TAKE AS MUCH TIME AS YOU NEED

There’s absolutely no rush when it comes to choosing the right

floorplan for you. Take as much time as you need to go over the different floorplans offered by various homebuilders. One builder may have a floorplan that offers exactly what you want except for one or two things, while another builder may offer that exact floorplan with those one or two things. You’ll never know what’s available unless you look at all your options. 6. IF IT FEELS RIGHT, IT PROBABLY IS

When choosing a floorplan, its crucial you base your decisions on factors like functionality, square footage, design style and overall flow. Don’t be swayed by swanky upgrades you’ll see in most showhomes. Try to imagine the space in a stripped-down state then move towards forming an opinion. A floorplan shouldn’t feel right because it has a stainless-steel appliance package or heated flooring in the bathrooms; it should feel right because of a functional layout that has a welcoming entrance attached to the living room and kitchen that makes it easy to entertain your loved ones. 7. GET PROFESSIONAL ADVICE FROM A REAL ESTATE AGENT AND INTERIOR DESIGNER

Sometimes a little help from a real estate agent or interior designer may be just what you need to consider factors that aren’t yet tangible or seen with the naked eye. An agent may recommend a floorplan based on his or her experience with helping people buy and sell homes and their overall satisfaction with the layouts that they chose. An interior designer may recommend one space over another because of its aesthetic potential to be a space with incredible flow and charm. Sometimes a professional opinion can make a huge difference in our own decisions. Looking for a new home in Calgary sometime soon? If so, I guarantee you’ll find a floorplan that suits your wants, needs and lifestyle best by following the tips above. Happy house hunting! FALL 2017 | NEW COMMUNITIES 23

Bleed: 0.25"

Colours: CMYK

Built: Sept 08, 2017 – JP

GRAND OPENING OCTOBER 14TH Join us from 11 am – 4 pm for family friendly activities while touring four new Single Family Showhomes.

Carrington connects with the largest urban pathway system in the world: The Rotary/Mattamy Greenway. Stay connected with an abundance of walking trails leading along natural water reserves, parks and two future school sites. The Gateway to Carrington features the Greenway Park and Commercial Plaza Village and Townhomes area – with a large playground, ½ basketball court, more. You will also enjoy new architectural elevations, featuring Mountain Contemporary on an inspiring Manor collection of Single Family Homes, Townhomes andTownhomes Rear Lane Duplexes.

From $249,990 From $299,990

SALES CENTRE

907 Windsong Drive 403-980-8765

MATTAMYHOMES.COM/CALGARY

14th St & 128th Ave NW (just off Stoney Trail NW)

HOT PROPERTIES / CALGARY AREA

NORTH WEST

6 7

8 5 9 2

4 3

NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

1. EVANSTON

4. BEACON HEIGHTS

8. EVANSRIDGE

By: Qualico Communities Builders: Broadview, NuVista, Trico Homes, Pacesetter Homes, Sterling Homes, Jayman BUILT The Link by Brookfield Residential Arrive by Partners Developments The Loop by Streetside Developments

By: Intergulf Cidex Builder: Trico Homes, Intergulf Cidex

By: Dream Development Builders: DS Homes, Homes by Avi, Genesis Builders Group, Morrison Homes, WestView Builders, Calbridge Homes, Homes by Dream Avira by Jayman Modus lifeontheridge.ca

2. NOLAN HILL By: United Communities Builders: Homes by Avi, Morrison Homes, Shane Homes, Sterling Homes, Trico Homes, Jager Homes, Pacesetter Homes, Creations by Shane Homes Carnaby Heights by Jayman Modus Nolan Park by Cardel Lifestyles nolanhillunited.com

3. SAGE MEADOWS By: Genesis Land Development Corp. Builders: Genesis Builders Group Sage Place by Cardel Lifestyles genesisland.com

By: Brookfield Residential Builders: Brookfield Residential, Albi Homes, Morrison Homes brookfieldresidential.com

9. SHERWOOD Builders: Gablecraft Homes

6. CARRINGTON

10. KINCORA

By: Genstar Builders: Excel Homes, Jayman MasterBuilt, Homes by Avi, Arcuri Homes genstar.com/calgary/carrington

Builders: Emerald Sky by Carlisle Group, Diseno by Landmark Homes

11. SAGE HILL

7. LIVINGSTON

Builders: Mark 101 by Shane Homes

By: Brookfield Residential Builders: Homes by Avi, Brookfield Residential, Morrison Homes, JaymanBuilt, Cedarglen Homes Maverick by Avi Urban brookfieldresidential.com B

evanston.qualicocommunitiescalgary.com

5. SYMONS GATE

River

FALL 2017 | NEW COMMUNITIESâ&#x20AC;&#x192; 25

Community Profile

CARRINGTON IN NORTHWEST CALGARY

GRAND OPENING EVENT TO SHOWCASE

MATTAMY’S NEWEST NW COMMUNITY

oin Mattamy Homes on Saturday October 14, 2017 (11am-4pm) to celebrate the much anticipated grand opening of Carrington in Northwest Calgary. Purpose built around connectivity, Carrington offers a vibrant, inclusive neighbourhood to plant roots and raise a family. The Gateway to Carrington, a beautiful, expansive park with walking trails, natural landscaping elements, plenty of greenspace, a half basketball court, a skateboard area, children’s playground and one-of-a-kind art structure, creates an immediate sense of place and welcomes homeowners and visitors to Carrington. “It was important for Mattamy Homes to give back to the community and to create a feeling longevity and belonging,” says Karla Schultz, Marketing Manager and Warren Saunders, VP of Marketing & Sales at Mattamy Homes. “The park is a place for people to gather, play and reflect, while the art structure – a series of interconnected leaves – represents the very essence of Carrington,” she 26 NextHome.ca

continues. “Each leaf symbolizes new beginnings and new growth, and also demonstrates how every homeowner plays an important role in developing the collective spirit of the community.” The Rotary/Mattamy Greenway is an extension of Carrington’s art feature that links homeowners with the park and greater Calgary. Once complete this 138 km multi-use pathway, sprinkled with parks and playgrounds, will circle the city and connect the surrounding communities.

Families are showing a lot of interest in Carrington because of its location, variety of home types and array of planned amenities, which include retail and commercial opportunities, two future schools and a new LRT station just a short walk away. You’ll find everything from townhomes, ideal for couples and empty nesters, to rear lane duplexes and spacious single family homes that are perfect for growing families. Four Front Drive show homes will

be unveiled at Mattamy’s October 14th event. Each model will feature one of the community’s four unique architectural styles – Mountain Contemporary, Craftsman, Prairie and Farmhouse. In addition to touring the show homes and The Greenway Park, visitors can learn more about the Rotary/Mattamy Greenway from the Parks Foundation while the kids enjoy a mini bike clinic with Open Streets. “Our grand opening is a great way to experience just how vibrant and

connected Carrington really is,” says Karla. “Take a picture in front of the art feature, play on the adventure playground, grab a bite from one of the food trucks and simply relax and enjoy the surroundings.”

Register online at mattamyhomes.com/ calgary and to learn more and register for Carrington’s exclusive pre-launch sales events. FALL 2017 | NEW COMMUNITIES 27

Community Profile

NOLAN HILL, ANTHEM UNITED

ANTHEM UNITED’S

INCREDIBLY POPULAR NOLAN HILL

NOW IN FINAL PHASE

ew homebuyers who desire to live in one of the most popular communities in northwest Calgary are slowly running out of time as Nolan Hill is in the final phase of development. “We’ve just released our final lots to the builders in Nolan Hill and we expect the community will be sold by the end of next year,” says Steve LePan, sales and marketing director for Anthem United, developer of Nolan Hill in northwest Calgary. “Nolan Hill has been an exciting community for us; it’s been one of Calgary’s top selling communities since it started,” LePan comments. “We initially expected it would be developed over seven or eight years, but because the response has been so tremendous it’s only been five years since we opened showhomes. “The key selling point has been its location offering excellent access to Shaganappi, Sarcee and Stoney Trails,” he adds. “But also the great amenities in Nolan – we have the Gates of Nolan Hill, which has a Sobeys, State & Main pub, services and eateries, as well as playgrounds, parks, pathways, ponds – all within walking distance. We also now have transit service in the community and we’ve constructed a new tot lot/playground in the final phase. “That is what’s really appealing about this final phase – buyers can purchase a new home in an established community and enjoy all these amenities already in place,” he notes, “Plus, there are a variety of amenities such as Costco in Beacon Hill and Walmart and Loblaw’s City Market in Sage Hill just a couple of minutes away.”

28 NextHome.ca

The final phase offers the last opportunity for people to buy a front-attached garage home with a choice between a 29-ft.-wide zero lot line and 34-ft.-wide standard, and there are cul-de-sac lots still available. “People like the cul-de-sac lots because there is no through traffic, so they’re quieter and it’s safer for kids to play street hockey or ride their bikes,” LePan says. The zero lot line front-attached garage homes have also been popular in Nolan Hill because they offer an affordable option with homes starting in the $460,000s. “These homes are popular because they offer great value for young families allowing them to purchase a smaller lot without sacrificing the square footage of their home.” Builders of the front-attached garage homes in the final phase include Homes by

FALL 2017 | NEW COMMUNITIESâ&#x20AC;&#x192; 29

Avi, Morrison Homes, Shane Homes, Pacesetter by Sterling Homes and Trico Homes. There are also several townhome projects to choose from including Nolan Park by Cardel Lifestyles, Carnaby Heights by Jayman Built, Sonoma at Nolan Hill by Morrison Homes and The Elements of Nolan Hill by Cedarglen Living – all of which are currently selling, although Sonoma is almost sold out. Among Nolan Hill’s attractions is its old-world Irish charm and tranquil natural setting of rolling hills and ravines. The Irish theme is highlighted by an eye-catching Irish castle-ruins structure at the main traffic circle entry and carried throughout the architectural styles.

NOLAN HILL: DEVELOPER: Anthem United LOCATION:

Nolan Hill in Northwest Calgary

BUILDERS: Cardel Lifestyles, Cedarglen Living, Jayman Built, Homes by Avi, Morrison Homes, Pacesetter by Sterling Homes, Shane Homes, and Trico Homes HOME TYPES:

Front-attached garage homes, Townhomes

CONTACT:

nolanhillunited.com

For more information about Nolan Hill, visit the showhomes, open Monday to Thursday, 2-8 p.m., and weekends and holidays, noon to 5 p.m., or visit nolanhillunited.com.

30 NextHome.ca

Picture perfect setting in Calgary’s northwest. As you look out onto the rolling hills, green spaces, playgrounds and castle-ruin inspired landscapes you’ll be transported to Old-World British Isles. But the moment you pass the community entrance, you have every modern convenience at your fingertips. It’s the best of both worlds – without compromise.

Townhomes with Garage from the $300s Homes with front-attached Garage from the $460s

Homes by Avi Sterling Homes

Morrison Homes Shane Homes Trico Homes

Jayman Built

Cardel Lifestyles

Cedarglen Living

nolanhillunited.com

anthemunited.com

144 AVE NW

SYM

ONS

VA L L

OA EY R

D NW

SAGE HILL DRIVE NW

13 6 AV E NW

Community Profile

QUALICO, CRESTMONT WEST

QUALICO LAUNCHING NEW PHASE, PRODUCT LINES AND SHOWHOMES

in Crestmont

xcitement abounds as Qualico Communities launches a new phase, product lines and showhomes this fall in its highly sought after, well-established community of Crestmont in southwest Calgary. “We’re excited to relaunch this beautiful mountain community, with pristine lots and so many amenities to offer in the community and nearby,” says Cheryl Heilman, Qualico Communities’ marketing manager. “The launch

34 NextHome.ca

of Crestmont West signals the first development in several years in this premier community and we’re thrilled to roll out Phase 9 and bring in new product lines that have never been offered before in Crestmont. “The previous phases that were developed in Crestmont was estate living, while the next phase will include a variety of housing options including duplexes and 34- to 38-ft. lot single-family homes with front attached garages.”

The duplexes starting from the $490,000s will appeal to first-time buyers, couples, singles and single parents. The front-attached garage homes will start from the $520,000s and are great for growing families and those looking for more space. “Southwest Calgary has little land left to be developed so lots in this desirable quadrant are already in high demand,” Heilman says. “There is also pent up demand for this type of housing product and because of that we’re seeing lots of interest as buyers recognize that Crestmont West offers a tremendous opportunity for them to live in an estate area at an affordable price.” Builders in this new phase are Trico Homes, Broadview Homes, Sterling Homes and NuVista Homes whose product will feature a variety of architectural styles including Midcentury Modern, French Country, Contemporary, Tudor, Colonial and Prairie. The builders will be opening

four front-attached garage showhomes and one duplex showhome on October 14. Crestmont is located on the western edge of the city, just south of the TransCanada Highway. Residents of Crestmont have access to both the TransCanada and Stoney Trail, with easy connections to other thoroughfares creating a quick commute to downtown or to the mountains. This fall construction will start on the road to Old Banff Coach Road from Crestmont. This will allow for easier access to shopping and entertainment options in Aspen Landing, West Springs, Westhills and Signal Hill. There are many schools children can attend and with the new link to 85th Avenue, Crestmont residents will have easy access to private schools such as Webber Academy, the Waldorf School and Calgary French and International School. Crestmont West will feature a 3.6-acre park and a 3.5acre wet pond with a 6.4 -acre park and pathway system. FALL 2017 | NEW COMMUNITIES 35

Qualico-Crestmont LOCATION

Crestmont West in Southwest Calgary

DEVELOPERS

Qualico Communities

HOME TYPES

Duplex and Front-attached Garage Homes

BUILDERS

Trico Homes, Broadview Homes, Sterling Homes and NuVista Homes

CONTACT

lcrestmont.ca

Nestled among the trees Crestmont offers an incredible location featuring valley, river and mountain views, rolling hills and a tranquil setting. Portions of the community have been dedicated to the protection of lush natural aspen forest, creek bed and the vast array of wildlife. Residents can also enjoy numerous amenities including the Crestmont Hall and spray park, beautifully manicured gardens, pond with a fountain, and a children’s playground, which are all sustained through the Crestmont Homeowner’s Association, which also organizes community several events throughout the year including a stampede breakfast, a children’s Christmas party and an adult’s Christmas party. 36 NextHome.ca

The community is located near numerous amenities such as skiing and other activities at Canada Olympic Park, golf in nearby Valley Ridge, recreational opportunities at the Westside Recreation Centre and Crowfoot YMCA, postsecondary education at the University of Calgary, SAIT and Mount Royal and easy access to Foothills and Alberta’s Children hospitals. Stoney Trail also provides an easy route to the airport. Showhomes open October 14, they will open Monday to Thursday, 2-8 pm., and weekends and holidays, noon-5 p.m., or visit crestmont.ca for more information.

Community Profile

HARMONY IN SPRINGBANK

Reconnect in amenity-rich

HARMONY in Springbank

ITH ITS 140-ACRE LAKE, a championship golf course and picturesque mountain views, it’s easy to see why Harmony was chosen as the 2016 New Community of the Year and Community of the Year - Calgary Region. Being developed jointly by Bordeaux Developments and Qualico Communities, this fabulous 1,750-acre community is situated just west of Calgary in Springbank and will be home to approximately 3,500 single- and multi-family homes once completed. “Harmony is quite beautiful with stunning mountain views and a big open sky … it feels like you’re in a different land when you come here, yet you’re just minutes from Calgary,” says Ryan Hall, Bordeaux’s vice-president of

marketing & communications. “Harmony offers the concept of reconnection, by providing an amenity-rich environment that engages and supports its residents within the true concept of community that the entire family can enjoy.” Among those amenities are 140 acres of recreational lake and wetlands, Mickelson National Golf Club (an18-hole private, championship-calibre golf club), 25 km of pathways that will connect the entire community and are now accessible in the current stage of Harmony, a beach club, a public art entry feature and 30 percent of Harmony’s land has been preserved as open space. “Harmony is also a community where one can age in place because there will be housing types for all stages in life,” Hall notes. Its high concept design includes ample opportunities FALL 2017 | NEW COMMUNITIES 37

for future employment campuses, a 35-acre waterfront village centre and three school sites, all which will provide the necessary amenities for adults, children and seniors. Harmony is currently building Stage 1 on a variety of lots such as walkout, mountain view and those backing onto greenspace and features an award-winning builder group. Augusta Homes, Baywest Homes and Homes By Avi are building the Tamarack Collection, “which has beautiful manor38 NextHome.ca

style estate homes on large lots with attached triple garages,” Hall says. These homes start from $1 Million. “Baywest, Broadview Homes and Sterling Homes are building the Aspen Collection starting from the $700s, which are single-family character laned homes that embrace the once-traditional house design of a rear garage in a detached or attached configuration with the ability to build an abovegarage suite,” Hall says.

Harmony: LOCATION

Harmony in Springbank

DEVELOPERS

Bordeaux Developments and Qualico Communities Development

HOME TYPES

Front-attached garage homes, laned homes, villa bungalows

BUILDERS

Augusta Fine Homes, Baywest Homes, Broadview Homes, Homes By Avi, NuVista Homes and Sterling Homes

CONTACT

liveinharmony.ca

NuVista Homes has also launched its Signature Villa Collection and these paired bungalow homes come with front attached garages, fully-developed basements and full landscaping. There is also no condo fee. A small upcoming townhome project is also planned for Stage 1 with details yet to be announced. Architectural styles in Stage 1 of Harmony include Arts and Crafts, Prairie, Farmhouse, Contemporary and French Country presenting “an eclectic mix of designs and forms that add character, interest and definition to the community,” Hall notes.

Harmony utilizes a complete self-contained advanced water treatment system, that treats water drawn from the Bow River, and a waste water treatment plant that will reclaim water to be used for irrigation purposes. The community is easily accessible off the TransCanada Hwy. offering a 25-minute drive to downtown, just minutes to northwest Calgary and a quick drive to the mountain parks. For more information on Harmony, visit the 17 showhomes or liveinharmony.ca. FALL 2017 | NEW COMMUNITIES 39

Horse Creek Road

ay 1A

Hig hw ay 22

Highw

HOT PROPERTIES / CALGARY AREA

COCHRANE

1 3

NOTE: Please match map numbers with property listings.

1. FIRESIDE By: La Vita Land Builders: Calbridge, Janssen, Kingsmith, Landmark, ReidBuilt Homes firesidecochrane.com

2. HEARTLAND By: Apex Developments Builders: Excel Homes, Jayman BUILT, BRAND by Birchwood Properties heartlandcochrane.com

NEW HOMES

NEW CONDOS

3. THE WILLOWS OF RIVER HEIGHTS By: La Vita Land Inc. Builders: Janssen Homes, Kingsmith Homes, NuVista Homes and Sterling Homes thewillowscochrane.com

5. JUMPING POUND RIDGE By Slokker Homes jumpingpound.com

4. RIVERSONG By: Tamani Communities Builders: Jayman BUILT, Trico Homes, THE RISE by Jayman Modus riversongcochrane.com

FALL 2017 | NEW COMMUNITIESâ&#x20AC;&#x192; 41

ADVICE | MORTGAGE INTEL

SHOULD YOU GET A LONG-TERM MORTGAGE?

ALYSSA FURTADO

With Bank of Canada’s recent interest rate hikes and the prospect of another one in October, some homeowners wondering if they should get a long-term mortgage. Expected rate increases can push Government of Canada bond yields higher, and the rate on a fixed mortgage is partly related to the yield on these bonds. The most common mortgage term is five years, but you can also find terms of six to 10 years. The longer term comes with a higher interest rate, but that’s the price you pay for added security. With some 10-year fixed mortgages having rates of less than four per cent, they look appealing if rates are expected to continue rising. However, there are a few things you should think about before locking in. POTENTIAL PENALTIES

If you currently have a mortgage and want to switch to a longer term, you’ll trigger a prepayment penalty. Lenders always include a clause in the mortgage contract that states how much you’ll have to pay if you decide to break your mortgage. Generally speaking, the penalty for fixed-rate mortgages is the greater of three months’ interest or the interest rate differential (IRD). If you end up saving money in the long run, breaking your mortgage is worth it, which is why you should always speak to a mortgage agent about your options. 42 NextHome.ca

CONSIDER A BLEND AND EXTEND MORTGAGE

To get around the prepayment penalty, you could instead opt for a blend and extend mortgage. This option is usually included with mortgages and can be appealing with rates rising. Here’s how it works: Let’s say you have two years remaining on the term of your mortgage with a fixed rate of two per cent. You could convert that mortgage into a new loan with a blended interest rate. The rate would be set somewhere between your old rate and what’s currently available. Currently, the rate on a five-year fixed mortgage is around 2.65 per cent, so that means you could potentially get a new rate around 2.3 per cent on a new five-year mortgage. You essentially agree to pay more immediately and for longer to avoid potentially higher rates when you need to renew your mortgage. The trade-off may be worth it since you’re avoiding any prepayment penalties with a blend and extend mortgage. THINGS COULD CHANGE

There’s no way of knowing for sure what will happen with the economy

and how the Bank of Canada will react. Instead of worrying about what ifs, you can use a mortgage affordability calculator to estimate what your payments will be if rates rise. As long as you build in a bit of a buffer, rising rates won’t affect you much since it’ll still fit within your budget. THE BOTTOM LINE

A 10-year mortgage will give you peace of mind, but it’s impossible to say if you’ll save money in the long run. Traditionally, homeowners who have gone with variable-rate mortgages have paid less compared to fixed-rate mortgage holders. If you’re still unsure about what to do, contact with a mortgage broker who can go over all the options with you. Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards, highinterest savings accounts, chequing accounts, and insurance with the goal to empower Canadians to search smarter and save money.

+MORE ADVICE ONLINE nexthome.ca/news/advice

PRESENTED BY

HONOURING ALBERTA’S BEST Building Industry and Land Development (BILD) Alberta Association is pleased to announce the finalists and winners of the 2017 CHBA – Alberta Awards of Excellence in Housing presented by The Alberta New Home Warranty Program Group of Companies. The competition was fierce in all categories and the combined results were used to determine the three Builder of the Year Awards that we are excited to share with you. In the pages of this special publication you will find examples of excellence in the wide range of products offered by our members: single and multi-family homes at all price points, home renovations, community developments and safety. Entries poured in from across the province and led to a competition with over 350 eye-catching projects. We also want to thank the many industry members who volunteered to judge this year’s entries. Building a home starts with a commitment to safety. BILD – Alberta is proud to recognize the outstanding efforts shown by the four recipients of the Safety Leadership Awards. A safe work site and innovative programs to promote safety are essential components in demonstrating professionalism. It takes great imagination and creativity to bring a home, a community or a renovation to life. Our members have shown they have what it takes to create masterpieces that Albertans can truly call home. The hours of work involved from start to finish takes a dedicated team, all of whom can be very proud of their contribution to these outstanding projects. Come see the homes our members have to offer by visiting the show homes and websites of this year’s winners and finalists. BILD Alberta represents the amalgamation of the Canadian Home Builders’ Association – Alberta and the Urban Development Institute Alberta. BILD Alberta is the unified voice for the land development, home building and renovation industry, representing over 1,900 business members.

SINGLE FAMILY UNDER $250,000 SPONSORED BY CANADA MORTGAGE & HOUSING CORPORATION

HOMES BY AVI EDMONTON | IVAN

FINALISTS DOUGLAS HOMES | CALGARY | CASCADE DOUGLAS HOMES | CALGARY | VERMILLION

SINGLE FAMILY $250,000 - $280,000 SPONSORED BY KVR ELECTRIC

GALKO HOMES LETHBRIDGE | LYNNWOOD II

FINALISTS BROOKFIELD RESIDENTIAL | CALGARY | BELVEDERE III JAYMAN BUILT | CALGARY | SONATA

SINGLE FAMILY $280,000 - $310,000 SPONSORED BY RBC ROYAL BANK

SINGLE FAMILY $310,000 - $340,000 SPONSORED BY HUNTWOOD CUSTOM CABINETS

SINGLE FAMILY $340,000 - $380,000 SPONSORED BY ICON FLOORING

URBANAGE HOMES EDMONTON | KITSILANO

FINALISTS ASHCROFT MASTER BUILDER | LETHBRIDGE | ZANDER AVONLEA HOMES | LETHBRIDGE | ASHBURN 2

SINGLE FAMILY $380,000 - $425,000 SPONSORED BY CUSTOMERINSIGHT

BLACKSTONE HOMES EDMONTON | NEW CASTLE 1 FINALISTS ASHTON LUXURY LIVING | CALGARY | LUCA STYLELAB DEVELOPMENTS | EDMONTON NF RESIDENCE

SINGLE FAMILY $425,000 - $475,000 SPONSORED BY EDMONTON JOURNAL & CALGARY HERALD

DOUGLAS HOMES CALGARY | MONTENEGRO

FINALISTS BLACKSTONE HOMES | EDMONTON | CAMBRIDGE STEPPER HOMES | CALGARY | ST. ANDREWS 3

SINGLE FAMILY $475,000 - $525,000 SPONSORED BY DELTA BY MASCO

BROADVIEW HOMES CALGARY | HARLOW

FINALISTS HOMES BY AVI | CALGARY | CARRINGTON HAWTHORNE WHITE EAGLE HOMES | EDMONTON | EMILIA

SINGLE FAMILY $525,000 - $600,000 SPONSORED BY ATB FINANCIAL

MULTI-FAMILY BUILDER OF THE YEAR SPONSORED BY DURABUILT WINDOWS & DOORS

CARDEL LIFESTYLES | CALGARY

FINALISTS MATTAMY HOMES | EDMONTON STREETSIDE DEVELOPMENTS | EDMONTON

SMALL VOLUME BUILDER OF THE YEAR SPONSORED BY TRAVELERS CANADA

VICKY'S HOMES | EDMONTON

FINALISTS DOUGLAS HOMES | CALGARY WHITE EAGLE HOMES | EDMONTON

RALPH SCURFIELD BUILDER OF THE YEAR SPONSORED BY THE ALBERTA NEW HOME WARRANTY PROGRAM GROUP OF COMPANIES

STEPPER HOMES CALGARY

THE RALPH SCURFIELD BUILDER OF THE YEAR AWARD IS NAMED FOR THE LATE INDUSTRY PIONEER WHO FOUNDED NU-WEST HOMES AND WAS ONE OF CALGARY AND ALBERTAâ&#x20AC;&#x2122;S LEADING CITIZENS AND ENTREPRENEURS. THE AWARD IS SPONSORED BY THE ALBERTA NEW HOME WARRANTY PROGRAM GROUP OF COMPANIES AND PRESENTED TO A LARGE VOLUME BUILDER.

FINALISTS GALKO HOMES | LETHBRIDGE HOMES BY AVI | ALBERTA

ESTATE HOME $600,000 - $800,000 SPONSORED BY RELIANCE HOME COMFORT

BENGEL CONTRACTING EDMONTON | BCH1501

FINALISTS AUGUSTA FINE HOMES | EDMONTON | SUTTON MORRISON HOMES | CALGARY | VISTA

ESTATE HOME $800,000 - $1,000,000 SPONSORED BY 3D ENERGY

VICKY'S HOMES EDMONTON | VAZARI

FINALISTS CRYSTAL CREEK HOMES | CALGARY | PRIVATE RESIDENCE KANVI HOMES | EDMONTON | FUSION

ESTATE HOME $1,000,000 - $1,500,000 SPONSORED BY NEXTHOME

ESTATE HOME OVER $1,500,000 SPONSORED BY WEISER PFISTER

VICKY'S HOMES EDMONTON | VERARI FINALISTS MCKINLEY MASTERS CUSTOM HOMES | CALGARY TRESCO ESTATE VICKY'S HOMES | EDMONTON | VERITY

MULTI-FAMILY APARTMENT UNDER $500,000 SPONSORED BY SHAW CABLESYSTEMS

MULTI-FAMILY DUPLEX UNDER $350,000 SPONSORED BY RBC ROYAL BANK

MULTI-FAMILY DUPLEX $350,000 - $500,000 SPONSORED BY KAYCAN

MORRISON HOMES EDMONTON | PARKER

FINALISTS CALBRIDGE HOMES | CALGARY | SAVANNAH TRICO HOMES | CALGARY | PARKSIDE

MULTI-FAMILY TOWNHOME UNDER $350,000 SPONSORED BY LENNOX

STREETSIDE DEVELOPMENTS EDMONTON | ALTIUS ESSEX

FINALISTS MATTAMY HOMES | EDMONTON | SCENE END MATTAMY HOMES | EDMONTON | VIEW

MULTI-FAMILY TOWNHOME $350,000 - $500,000 SPONSORED BY SUPERIOR CABINETS

MULTI-FAMILY LUXURY OVER $500,000 SPONSORED BY STAR MECHANICAL

STREETSIDE DEVELOPMENTS EDMONTON | TRIUMPH AMBLESIDE PEARL

FINALISTS NUVISTA HOMES | CALGARY | CAYENNE RNDSQR | CALGARY | S.21A

MULTI-FAMILY PROJECT SPONSORED BY BROCK WHITE CONSTRUCTION MATERIALS

COMMUNITY DEVELOPMENT SPONSORED BY CHRISTENSON GROUP OF COMPANIES

RENOVATION UNDER $200,000 SPONSORED BY ENVIROMATICS GROUP

KON-STRUX DEVELOPMENTS CALGARY | SUBURBAN STUNNER FINALISTS KON-STRUX DEVELOPMENTS | CALGARY SILKY STUDY IN WHITE STYLELAB DEVELOPMENTS | EDMONTON JK RESIDENCE

RENOVATION $200,000 - $500,000 SPONSORED BY ROXUL

AQUARIAN RENOVATIONS EDMONTON | LONGVIEW RESIDENCE

FINALISTS ALAIR HOMES | EDMONTON | JAYMOOR ESTATES ALAIR HOMES | EDMONTON | LAURIER HEIGHTS

RENOVATION OVER $500,000 SPONSORED BY RBC ROYAL BANK

GREEN HOME SPONSORED BY BUILT GREEN CANADA

SAFETY LEADERSHIP AWARDS SPONSORED BY ATCO

LARGE EMPLOYER GENERAL MEMBER

SMALL EMPLOYER BUILDER MEMBER

CENTRAL ALBERTA

LETHBRIDGE

MEDIUM EMPLOYER BUILDER MEMBER

LARGE EMPLOYER BUILDER MEMBER

LETHBRIDGE

ALBERTA

CHBA â&#x20AC;&#x201C; ALBERTA AWARDS OF EXCELLENCE IN HOUSING

SPONSORS PLATINUM

GOLD

SILVER ATCO

EDMONTON SUN & CALGARY SUN

CUSTOMERINSIGHT

RBC ROYAL BANK

BRONZE 3D ENERGY

DAYTONA HOMES

LENNOX

ATB FINANCIAL

DELTA BY MASCO

AVIVA CANADA/NATIONAL HOME WARRANTY GROUP

EDMONTON JOURNAL & CALGARY HERALD

PROGRESSIVE HOME WARRANTY

BROCK WHITE CONSTRUCTION MATERIALS

ENVIROMATICS GROUP

BUILT GREEN CANADA

HUNTWOOD CUSTOM CABINETS

CANADA MORTGAGE & HOUSING CORPORATION

ICON FLOORING

CHRISTENSON GROUP OF COMPANIES

KAYCAN KVR ELECTRIC

RELIANCE HOME COMFORT ROXUL SHAW CABLESYSTEMS STAR MECHANICAL SUPERIOR CABINETS

PRINTED AND PUBLISHED BY NEXTHOME AND BILD ALBERTA

HOT PROPERTIES / CALGARY AREA Builders: Albi Homes, Cardel Homes, Cedarglen Homes, Trico Homes, Morrison Homes, Landmark Homes, Baywest Homes, Brookfield Residential, CRANSTON RIDGE by Cardel Lifestyles

SOUTH EAST 7

ZEN CRANSTON by Avalon Master Builder brookfieldresidential.com

RIVERSTONE OF CRANSTON Builders: Albi Homes, Cedarglen Homes, Landmark Homes, Baywest Homes, Calbridge Homes, Brookfield Residential ORIGINS by Streetside Developments livecranston.ca

3. WALDEN By: Genstar Builders: Cardel Homes, Excel Homes, Homes by Avi, California Homes, Cedarglen Homes, Rockford Jackson by Avi Urban WALDEN PLACE by Cardel Lifestyles waldenliving.ca

4. MAHOGANY

By: Hopewell Residential Builders: Jayman BUILT, Hopewell Residential, Homes by Avi, Excel Homes SANDGATE by Hopewell

MAHOGANY ESTATE

Builders: Calbridge Homes, Morrison Homes, Homes by Avi mahoganyliving.com

5. LEGACY

By: Westcreek Developments Builders: Carlisle Group, Brad Remington Homes (My Legacy Park), Aldebaran Homes, Shane Homes, Trico Homes, Jayman Built, WestCreek Homes, Trico Homes, Sterling Homes, Stepper Homes, Calbridge Homes, Morrison Homes, and Albi Homes LEGACY GATE by Carlisle Group LEGACY

PARK NOTE: Please match map numbers with property listings.

1. AUBURN BAY By: Brookfield Residential Builders: Brookfield Residential, Cedarglen Homes, Baywest Homes, Jayman BUILT, Albi Homes, Morrison Homes, Discovery Homes AUBURN WALK by Cardel Lifestyles

NEW HOMES

NEW CONDOS

CANOE by Avi Urban REGATTA by Brookfield Residential

by Brad Remington Homes legacylife.ca

6. COPPERFIELD COPPERFIELD PARK by Brad Remington Homes

liveauburnbay.ca

CHALET NO. 6 by Hopewell

2. CRANSTON

7. QUARRY PARK

By: Brookfield Residential

FALL 2017 | NEW COMMUNITIESâ&#x20AC;&#x192; 59

INVESTMENT

THE TOP PLACES TO INVEST IN REAL ESTATE IN ALBERTA BY WAYNE KARL & SONIA BELL If one of the first rules of investing is to buy low, there may be plenty of reasons 2017 could be the year to buy real estate in Alberta. Coming off a prolonged slump in the economy and housing market, thanks to low oil and gas prices, Alberta seems poised for recovery. For investors, this could mean it’s a good time to shop around, while keeping an eye on changing economic conditions. “Until you have employment and people moving back into the province, creating demand for rental units, which will then drive the demand for sale units, the world of real estate right now is looking at opportunities to buy,” Patrick Francey, CEO of the Real Estate Investment Network (REIN), told NextHome. “Knowing that in the next couple of years as the economy starts to pick 60 NextHome.ca

up, and gross domestic product actually increases, that’s what’s going to drive real estate.” Insiders agree that the best places in Alberta to search for opportunities are within its two largest cities. With this in mind, NextHome has assembled a list of the Top Places to Invest in Real Estate in Alberta, using the investment strategy known as “buy, hold and rent” (see sidebar). We examined vacancy and rental rates (two-bedroom units) from Canada Mortgage and Housing Corp., and validated these findings with the latest data on population, employment and wage growth. For context, we’ve also included average home prices – with data provided exclusively by Royal LePage and Brookfield RPS. Our research was further guided by insight from investors and other experts.

“For both Edmonton and Calgary, there are great buying opportunities right now, but there’s no rush,” says Francey. “That’s the good news. You’re finding the properties that cash-flow in a single-family would have preferably come from basement suites. Anything that’s in the $400,000 to $500,000 range is still very strong, but ultimately, there are good opportunities to buy. You’ve got to look for the deals, but they exist. And there are cash-flow opportunities, especially in single-family uptown suites.” CALGARY

Calgary and Edmonton both are showing signs of recovery from three very difficult years, economically. In the Calgary area, markets such as Okotoks, Chinook and downtown seem to be holding their own in terms

OKOTOKS

CALGARY Vacancy rate n/a 2016

vs.

0 2015

Population

29K 2016

vs.

25K 2011

CHINOOK

17.8% CHANGE

Vacancy rate

3.5 2016

vs. vs.

4.1 2015

Population*

1M 2016

vs.

1.2M 2011

DOWNTOWN

13% CHANGE

Vacancy rate

6.5 2016

vs. vs.

8.1 2015

Population*

1M 2016

vs.

1.2M 2011

13% CHANGE

*Showing Calgary data

Average rent

n/a 2016

vs.

Average home prices

$951 2015

$474K 2016

Employment

11K 2011

vs.

Average rent vs.

$1,321 2015

$479K 2016

vs.

$1,430 2015

$46K 2006

25.6% CHANGE

Employment* vs.

vs.

Average home prices*

-9.6% CHANGE

515K 2011

$469K 2015

Median income*

$57K 2011

51.3% CHANGE

$1,362 2016

vs.

2.1% CHANGE

341K 2006

Average rent

$48K 2006

Average home prices*

Employment* vs.

vs.

29.8% CHANGE

-8.8% CHANGE

515K 2011

$477K 2015

Median income

$63K 2011

6K 2006

85% CHANGE

$1,196 2016

vs.

-0.8% CHANGE

340K 2006

51.3% CHANGE

$479K 2016

vs.

$469K 2015

2.1% CHANGE

Median income*

$57K 2011

vs.

$46K 2006

25.6% CHANGE

UNIVERSITY

ST. ALBERT STRATHCONA

EDMONTON Vacancy rate

3.2

2016

vs.

$1,359 2016

Population

98K

2016

vs.

2011

2016 66K

2016

2015

2016

61K

vs.

2011 6.7% CHANGE

Vacancy rate

5.9

2016

vs.

2016

vs.

27K

2011

vs.

$1,383 2015

2016

376K

2011

vs.

2016

vs.

$440K 2015

-1.1% CHANGE

vs.

$56K

2006

21.3% CHANGE

Average home prices* $376K 2016

vs.

$380K 2015

-1% CHANGE

Median income*

236K

$54K

2006

2011

59.4% CHANGE

$55K

2006

Median income

2011

Employment*

812K

vs.

$435K

$68K

2015

1% CHANGE

Average home prices

20K

-1.1% CHANGE

$463K

27.7% CHANGE

2006

$1,376

vs.

Median income

2011

Average rent

2015

2016

2006

34.6% CHANGE

vs.

$467K

$70K

-2.6% CHANGE

$1,352

14.8% CHANGE

vs.

Average home prices

29K

Employment

1.4

Population*

933K

vs.

Average rent

$1,322

Population

2015

41.8% CHANGE

6.1

vs.

$1,386

Employment

42K

6% CHANGE

vs.

-4.1% CHANGE

92K

Vacancy rate 5.9

Average rent

2.3

2015

vs.

$42K 2006

27.2% CHANGE

*Showing Edmonton data

of vacancy rates, rental growth and home prices. “The number of rental properties are few and far between in Okotoks, Chinook and downtown Calgary, and this is unlikely to change in the near future,” says John Hripko, realtor, Royal LePage Benchmark, Calgary. “Demand for these regions is continually growing, as many buyers and potential renters have become increasingly interested in these markets.” Calgary remains something of a double-edged sword for investors at this point, Hripko adds. Alberta is one of the only Canadian provinces that doesn’t have rent controls, allowing investor-owners to set and raise

rents as they please. However, given current market conditions and the fact that anyone can buy a house with a five-per-cent down payment, renters are gaining buying power, which stalls growth in rental prices. “If investors choose to suck it up and purchase a property at current rates, they would likely turn a monthly profit in the near future, as oil prices continue to stabilize and the Alberta economy returns to its former glory, causing rental rates and home prices to increase,” says Hripko.

owner, Royal LePage Noralta Real Estate, Edmonton. “Investors keep asking me, ‘When is the big drop going to happen, so I can buy in?’ The big drop never really hit. Prices climbed in 2015, 2016 and now we’re finally seeing a small drop in prices. That might even be attributed to the changes in financing rules in October 2016.” The St. Albert and University areas, as well as downtown, stand out as those that are holding their own. St. Albert has held up, mainly due to the types of homes and residents in the area, says Shearer. A lot of people who reside in St. Albert are government workers, mingling with a mature crowd of executive types who are more established and less likely to be influenced by swings in the economy. University, meanwhile, has actually benefited from the slowdown. “If you don’t easily find employment in a recession, generally speaking, you double down on education,” he says. The student population in this area is supporting the rental and resale market, while medical professionals also want to be close to the main hospital. “We haven’t suffered any major cutbacks yet to our medical system, so this neighbourhood is still going strong.” Downtown Edmonton is seeing plenty of development from the Ice District and Rogers Arena, with several new condos under construction. “I believe that the excitement of having the Ice District and several other projects come to life downtown has created a new energy and is increasingly drawing interest from homebuyers and investors alike,” says Shearer. “Simply put, downtown Edmonton is becoming an even better place to live.” LETHBRIDGE

EDMONTON

“The Edmonton market has been a real head-scratcher the last little while,” says Tom Shearer, broker and

Lethbridge boasts many of the characteristics that make it an appealing target market for investors. An increasingly diverse economy, FALL 2017 | NEW COMMUNITIES 61

including in the important healthcare sector, and a growing student population make this location worth a look. Indeed, as much as 20 per cent of the population of about 93,000 residents in Lethbridge are students, primarily at the University of Lethbridge and Lethbridge College. “Lethbridge is a college town, with both the university and the college hitting milestones in curriculum development and attendance,” says Karen Davis, associate broker delegate, Royal LePage South Country. “The hospital and senior care services also employ young graduates still in the rental market.” Student housing, naturally, is a popular choice for investors here, who typically hit net income of about five per cent, she says. Homebuyers from across Alberta are also attracted to the region for its quality of life. “Young people come to college here and stay to build a life,” says Davis. “With the amenities of big city life, minus the long commutes, hectic pace and higher costs of living, Lethbridge is an attractive and affordable alternative to larger centres.”

LETHBRIDGE Vacancy rate

8.4

Average rent

5.7

vs.

2016

$939 2016

2015

vs.

Average home prices

$919

$267K

2015

2016

1.7% CHANGE

93K

Population vs.

2016

Employment

84K

35K

2011

11% CHANGE

vs.

$263K

vs.

2015

1.3% CHANGE

Median income

23K

$47K

2006

2011

56% CHANGE

$39K

vs.

2005

21.6% CHANGE

MEDICINE HAT 5.7

Vacancy rate

4.7

vs.

2016

2015

Average rent

$825 2016

vs.

Average home prices

$828

$299K

2015

2016

-0.4% CHANGE

63K

Population vs.

2016

60K

25K

2011

5.4% CHANGE

Employment vs.

$296K 2015

1% CHANGE

Median income

18K

$51K

2006

2011

38.7% CHANGE

vs.

$41K 2005

24.2% CHANGE

MEDICINE HAT

While Medicine Hat has been impacted by depressed oil prices, the region’s revival is well underway, according to Bob Kalista, owner, Royal LePage Community Realty. Affordable home prices offer investors a great opportunity to get in on the ground floor. “Energy producers are beginning to regain strength, boosting the region’s economy and potentially drawing

more people into the market in search of jobs, which will help to guide prices upwards over the long term.

“We are already beginning to see a number of commercial properties being snapped up, which is often a hallmark of a region on the rise.”

What is ‘buy, hold and rent’? You benefit in three ways: What many experts view as the smartest and lowest risk strategy for novice investors, this method involves buying a property, holding it for the long term (five to seven years) and renting it out. The idea is to generate positive cash flow over and above your carrying costs (mortgage, condo fees, taxes, insurance, property management fees, maintenance and advertising).

62 NextHome.ca

» You pocket the monthly surplus » You build equity over the long term while someone else pays down your mortgage » And eventually, when you sell, you (hopefully) gain from the value appreciation in the property

HOT PROPERTIES / CALGARY AREA

SOUTH WEST

River

1 6

NOTE: Please match map numbers with property listings.

1. MYSTIC RIDGE By: La Vita Land Builders: Calbridge Homes mysticcalbridge.com

2. CRESTMONT By: Qualico Communities Builders: Sterling Homes, NuVista Homes, Broadview Homes, Trico Homes calgary.qualicocommunities.com/ crestmont/

NEW HOMES

NEW CONDOS

4. WEST SPRINGS Builders: Vivace by Streetside Developments

5. EVERGREEN Builders: Sanderson Ridge on Fish Creek by Telsec

6. CURRIE BARRACKS By: Canada Lands Builders: Axess by Slokker Homes

3. DRESSAGE IN SILVERADO By: Qualico Communities Builders: Baywest Homes, Augusta Home Hunter House by Streetside Developments silveradobyqualico.com

FALL 2017 | NEW COMMUNITIESâ&#x20AC;&#x192; 65

Community Profile

BELMONT IN SOUTH CALGARY

New community taking shape in South Calgary

ANTHEM UNITED’S BELMONT LAUNCHES SPRING 2018 A NEW COMMUNITY IN SOUTHWEST CALGARY is where it all begins for homebuyers looking for a tranquil setting, indoor and outdoor recreation amenities and close proximity to a wide range of amenities. Crafted by Anthem United, Belmont is located on 280 acres southeast of Silverado, and it will be built in seven phases, which will eventually be home to more than 7,000 residents. 66 NextHome.ca

“We’re very excited to launch this new community, the first new southern community west of Macleod Trail since Silverado,” says Steve LePan, sales and marketing director for Anthem United. “We’ve completed site grading and

underground construction and we look forward to our builders opening showhomes in the spring. “No matter what your new beginning is, Belmont is a place where your present takes hold and your future begins. It’s a place where

proximity to the amenities of south Calgary and an abundance of park and recreation areas mean your new home extends well beyond your front door,” LePan says. “A key feature in the community will be a City of Calgary Recreation

Centre, which we will be a major benefit to our residents, but it will also serve the surrounding communities; it’s a great amenity to have located in our community,” LePan says. “In addition, there is a designated school site that will have FALL 2017 | NEW COMMUNITIES 67

Belmont: DEVELOPER Anthem United LOCATION Belmont in Southwest Calgary

playing fields for soccer and baseball and four to five playgrounds will be located throughout the community along with connecting pathways, so Belmont will offer various recreational opportunities both indoor and out for people of all ages.” In fact, the first phase in Belmont, which consists of 225 lots, will include a comprehensively designed, custom playground that will be accessible to everyone, along with pathways and greenspace for people to enjoy. Another key attraction to the community is affordability, LePan says. “Belmont will be a bright, modern community offering affordable quality. We’ll be offering a wide range of housing styles that are designed to appeal to first-time buyers, young couples and families and those new to Calgary and Canada. “The lineup will include affordable townhomes and street towns, laned homes and single- and doubleattached garage homes, providing 68 NextHome.ca

BUILDERS Cedarglen Homes, Homes by Avi, Jayman Built, Morrison Homes, Shane Homes and Trico Homes

people plenty of choice and homes that meet their varied lifestyles and HOME TYPES budgets.” Front-attached garage, laned, street towns and townhomes In Phase 1, Jayman Built and CONTACT Morrison Homes belmontcalgary.com will be crafting single-family homes on a lane with optional rear detached garage, while Cedarglen Homes, Homes by Avi, Shane Homes and Trico Homes will development. There are also a be building single-family homes with variety of shops, services, grocers, the front attached garages. eateries and more just minutes away, Homes by Avi will also be crafting on the west side of Macleod, in a 54-home street town project in Silverado and Shawnessy. Phase 1, while the builders for the Belmont will be accessed by 210th townhomes will be announced later Avenue west from Macleod Trail or this year. Sheriff King Street and south from Besides the recreational Stoney Trail, and a future LRT stop component to Belmont, will be within 500 metres of the residents will be able to walk to community. neighbourhood conveniences as there is a retail/commercial site Register now to be the first located in the southwest corner of to know more information at: the community, which is scheduled belmontcalgary.com. to be brought on later in the

Community Profile

THE RISE AT WEST GROVE ESTATES

Welcome to the life you have always dreamed of..

Welcome to The Rise at West Grove Estates

N OVERWHELMING RESPONSE by homebuyers who have fallen in love with The Rise at West Grove Estates has prompted the launch of its final phase ahead of schedule. Crafted by Bri-mor Developments, The Rise is an extension of West Grove Estates presenting homebuyers with a picturesque community of uncompromising value featuring quality-built homes and a variety of amenities in Calgary’s desirable West End. Bri-mor Developments along with builders Albi Luxury by Brookfield Residential and Cedarglen Homes are thrilled to have seen the unprecedented success of The Rise over the past few months, says Aleem Dhanani, Bri-mor’s managing director. “We brought on Phase 4

with a showhome opening in spring 2017, however, to meet market demand, we’re constructing the last phase of The Rise, a year earlier than expected. We expect to offer Phase 5 to the market in September and anticipate a very strong market demand for the remaining 89 lots. “Buyers are excited about The Rise because to them, a home in this community represents real value,” he says. “They’re able to secure great quality, lifestyle, appeal, amenities, greenspaces all at an affordable price unseen in the west side of Calgary. In addition, the incredible designs offered by Albi and Cedarglen reflect the quality, functionality and purpose desired for family life. “The Rise offers families, young professionals and empty-nesters a great location,” Dhanani adds. “The FALL 2017 | NEW COMMUNITIES 69

community is just 15 minutes from downtown, offers easy access to major roadways, bus routes and the West LRT, and it’s a quick trip to the mountains.” As well, being minutes away from the vibrant West Springs and Aspen shopping nodes, The Rise has all the amenities homeowners’ desire. With grocery stores, great restaurants, health and recreation, daycares and great schools all in the area, families never have to leave Calgary’s West End. The Rise encompasses seven acres of greenspace including a “reflective park” and a “play park” with equipment for young children. Community parks allow families to engage with the neighbours, escape to a relaxing retreat, and creates the ideal space for playing, exploring or simply enjoying a nice walk in nature. In this final phase Brimor will be building an “activated park,” which will be a focal point for the community. It will have a junior soccer field, outdoor fitness equipment, gathering spaces, and a raised grass area for community entertainment. Homebuyers are embracing the opportunity to enjoy an established community lifestyle along with a newly constructed home – all at a desirable price starting in the mid $700,000s, including the lot and GST, Dhanani says. “While we have created an affordable price point offering with The Rise, we did not want to compromise the estate community feel,” he says. “Together with our premier builders, homeowners can express their own taste and personality while designing the exterior of their home in the themes of Craftsman, French Country, Arts and Crafts, Tudor and Prairie. Residents can take comfort knowing that each home will be individually approved to meet strict architectural controls ensuring that elegance with a modern edge resonates in the community.” 70 NextHome.ca

The Rise, by Bri-mor: LOCATION

The Rise at West Grove Estates in West Springs

DEVELOPER

Bri-mor Developments

HOME TYPES Semi-Estates

BUILDERS

Albi Luxury by Brookfield Residential Cedarglen Homes

MORE INFORMATION

risewestgroveestates.com

For more information, visit the showhomes Monday to Thursday, 2-8 p.m., and weekends and holidays, noon-5 p.m., or visit risewestgroveestates.com. FALL 2017 | NEW COMMUNITIESâ&#x20AC;&#x192; 71

THE LAST WORD

Q&A WITH

ALLAN KLASSEN SENIOR VICE-PRESIDENT, CALGARY HOUSING, BROOKFIELD RESIDENTIAL BY WAYNE KARL

The Passive House standard is the most stringent energy standard in the world. Brookfield is aiming for this to be the first Passive House in Alberta certified by the Passivhaus Institut in Germany.

NEXTHOME: An easy one to start: How’s business in Calgary? It seems the economy and housing market are starting to turn the corner. Allan Klassen: The market has been pretty steady for the first half of the year, considerably stronger than 2016. Construction permits are up 30 per cent, and though listings on MLS have increased dramatically, it’s showing a balanced market. So, overall, very good in most segments. NH: The so-called “missing middle” is something we’re hearing more and more about, especially in large, expensive markets such as Toronto. How much of an issue – and opportunity – is it in Calgary? 72 NextHome.ca

AK: I don’t see this as an issue as much as an opportunity. The “missing middle” is a term used to describe a housing product that will provide a mixed-use application to a larger site – 20 to 30 acres – introducing a variety of housing types. From walkup towns, semi-detached, apartments and condo, owned and rental, all supported by some retail component. Primarily in brownfield development,

The Brookfield Passive House is a three-bedroom, two-bathroom, 2,435-sq.-ft. home located in Symon’s Gate, one of Calgary’s best new communities. The floorplan is the Austin – a model that Brookfield already builds with conventional construction techniques. but also in greenfield suburban development, usually near a Transit Oriented Development, whereby a neighborhood within a neighborhood is created. Focused on the two largest demographics – downsizing Baby Boomers and the up and coming Millennials. NH: What areas of Calgary are prime candidates? AK: Any neighborhoods that are close to transit, have large sites, such as underutilized shopping malls, schools or new communities that have a 20to 30-acre site. NH: How much is Brookfield focused on the “missing middle”? What projects do you have underway? AK: I don’t believe we are as focused on the “missing middle” as we are on understanding the overall market demand of the consumer for choice both in our suburban communities such as Livingston, as well as the inner city and other brownfield opportunities. NH: Brookfield is also involved in something called “passive housing.” What exactly is that, and how is it going?

AK: The Symon’s Gate Passiv Haus is a community showcase for sustainability and advanced energy efficiency. It will be one of the most energy efficient homes ever built in Alberta – using 90 per cent less energy than a typical new home. We’re having a year-long open house before we sell it. It’s our hope that this home will spark important conversations about energy efficiency and home design among homebuyers, neighbours and industry and government. The base theory of the Passive House design and construction can be summed up as: Maximize gains and minimize losses. The home was designed, engineered and pre-fabricated in Germany, the acknowledged world leader in passive house construction, and then shipped to Calgary for construction by Brookfield’s master builders. It is a living, working demonstration of sustainability and Brookfield Residential ’s commitment to innovation. As a pilot project, this house will be a “one-off” in this community, but it will provide our employee and trades teams with new experiences and understanding to help prepare for anticipated future code improvements.

Homeowners of these kinds of homes will enjoy an incredibly quiet and comfortable home with excellent air quality. Thanks to the super-insulated walls and roof, airtight construction and ultra-efficient windows, the home is draft-free. There isn’t even a furnace! The sun and warmth generated during the daytime eliminate the need, and heating and operating costs will be lower thanks to the significant energy savings and the use of high quality components such as PV solar array to provide electricity, and concrete and cross-laminated timber to help the home withstand extreme weather. Since this is a pilot project, we haven’t made a commitment to build more passive homes in Alberta. We will evaluate the interest from buyers and incorporate learnings into future designs. NH: What is the future of passive housing in Calgary? Are buyers ready to embrace it? AK: It’s a little too early to say, as we have not completed the home, and we still have a lot of work to do to understand the customer response. FALL 2017 | NEW COMMUNITIES 73

HOT PROPERTIES / CALGARY AREA

OKOTOKS

HIGH RIVER

3 2

NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

1. RANCHERS’ RISE

4. HIGH RIVER MONTROSE

By: Bordeaux Developments Builders: Baywest Homes, Sterling Homes, Wolverine Custom Homes okotoksranchersrise.com

By: Dream Development Builder: Lifestyle Homes, Red Door Homes escapethecity.ca

2. DRAKE LANDING

5. HERITAGE POINTE ARTESIA AT HERITAGE POINTE

By: United Communities Builders: Lifestyle Homes, Sterling Homes, Prominent Homes drakeunited.com

By: Heritage Pointe Properties Inc. Builders: Astoria Custom Homes, Albi Homes, Calbridge Homes liveatartesia.com

3. MOUNTAINVIEW By: Apex Developments Builders: Excel Homes, Sterling Homes mountainviewokotoks.com

FALL 2017 | NEW COMMUNITIES 75

Community Profile

ANTHEM UNITED

Anthem United down to final phase in Drake Landing

ime is running short for new homebuyers wanting to make a home in one of Okotoks most sought after communities. Created by Anthem United above Okotoks’ historically-picturesque town centre, Drake Landing is now in its final phase so people wanting to enjoy this community’s tranquil setting and outstanding location should act quickly “as there are limited opportunities left,” says Steve LePan, sales and marketing director with Anthem United. “Since Drake Landing is now selling in its final phase, homebuyers are in a unique position to purchase a new home in a well-established neighbourhood that has the benefit of amenities already in place,” he adds, such as green space, pathways, playgrounds and an off-leash dog park.

76 NextHome.ca

“Drake has been a very successful community in Okotoks for almost a decade now and while it’s nearing the end there are still some great choices remaining on larger lots and affordable prices.” In the final phase buyers have a good selection of single-family housing styles and lots to choose from featuring move-up front-attached garage homes and laned homes with front porches and optional rear detached garage. Builders in Drake include Lifestyle Homes, Prominent Homes and Sterling Homes, which have a variety of models, designs and sizes available. Prices start in the $380,000s for laned homes and from the mid $400,000s for move-up homes.

Townhomes are now available as well. Arrive at the Landing by Partners Devlopment Group offers two- and three-bedroom floorplans with single- or double-car garage. The architectural styling for the homes is inspired by the natural surroundings and reflects Okotoks’ history. The homes in Drake Landing feature Craftsman, Georgian, Tudor, Colonial and Victorian highlighted by interesting elements such as brick, stone and rock detailing and light and earth-tone colours to create a visually appealing streetscape. Along with a variety of housing styles, Drake Landing appeals to environmentally-conscious homebuyers who appreciate Anthem United’s water conservation initiatives

The architectural styling for the homes is inspired by the natural surroundings and reflects Okotoks’ history. FALL 2017 | NEW COMMUNITIES 77

through its PEER program and its Built Green™ builders who ensure energy efficient homes. For years, residents have been drawn by Drake Landing’s tranquil setting and its outstanding location – the community is situated overlooking the Sheep River Valley providing scenic views of the mountains and rolling foothills. For residents who like to get out and be active, there are numerous, already established amenities to enjoy in Drake Landing, such as pathways that link with the town’s extensive regional pathway system and sports fields, as well as the ravine where there is a naturalized pond that is frequented by wildlife and residents who love the peaceful surroundings. The off-leash dog park, playgrounds and pathways are all within walking distance of Seaman Stadium home of the Okotoks Dawgs Baseball Club – a major attraction for baseball fans. Residents can walk to neighbourhood conveniences such as restaurants, shops, services and schools, while big box retailers, grocery stores and other amenities just few minutes drive away, plus residents have quick access to Calgary for an easy commute. “The location, amenities

Drake Landing

For more information, visit the showhomes or visit drakeunited.com or unitedcommunities.com

Showhomes, open Monday to Thursday, 2-8 p.m., and weekends and holidays, noon-5 p.m.

78 NextHome.ca

LOCATION Drake Landing in Okotoks DEVELOPER Anthem United BUILDERS Lifestyle Homes, Prominent Homes, Sterling Homes, Partners Development Group HOME TYPE Laned and front-attached single family and townhouses with garage

CONTACT drakeunited.com

and home styles in Drake Landing really appeal homebuyers,” LePan says. “We continually see residents who started out with their first home in earlier phases move up to larger homes in later phases to accommodate their growing families because they love the community and have truly made Drake Landing their home.”

FINAL PHASE NOW SELLING!

LANED HOMES

Call for details 403-938-2504

• Best Value! • 9’ ceilings/ Open Concept • Energy efficient features • Quartz Countertop

From the

$380s

• Stainless steel Appliances

BUNGALOWS

Call Corey 403-919-9193

• Berkshire Bungalow • Open concept kitchen and living space • Basement development included • 3 bedrooms, 2.5 bathrooms • 1,800 SF of living space

From

$449,900

2-STOREY HOMES

Call Luiza 403-995-7061

• The Dawson • 1,657 SF • Large open concept plan • Bonus room + second floor laundry

From the

$450s

• 5 piece ensuite

Visit a show home today! Take Milligan Drive East to Drake Landing Blvd. | DRAKEUNITED.COM

anthemunited.com

NEIGHBOURHOOD PROFILE

THE BELTLINE ONE HOPPING ’HOOD IN CALGARY BY KAIT KUCY

FAST FACTS AVERAGE HOUSEHOLD INCOME

$70,388 MOST COMMON HOUSING TYPE

Highrise FAMILY COMPOSITION

The Beltline is a unique area of the city, where highrise and walkup residences mix with retail, restaurants and parks. Among the many greenspaces, Central Memorial Park is a favourite and a popular spot for weddings. The Beltline can be described as one of the most densely populated and vibrant communities in Calgary; full of families and young professionals.

With all the amenities and parks nearby, this is an ideal place for families who want to live the condo lifestyle. As you might imagine, it is already filled with lots of kids and dogs. However, if you are more into the adult lifestyle, don’t dismay — there are plenty of condo buildings that are adults-only.

The Beltline’s lifestyle is definitely active and vibrant, as residents love to be in the mix of culture, food and style. All year round, people enjoy the outdoors in the Beltline parks. Patios are jam-packed in the summer and new restaurants are always opening. A great area for families, there is plenty of activities and resources for all ages.

The Beltline area is slightly above average. Rents have gone up in recent years due to high demand and newer condo buildings introduced to the market. However, you can still find affordable accommodations to live in. This area also has both high-end eateries and lower-end coffee joints, making it a decent place to grab a bite to eat.

VIBE

PLANES, TRAINS & AUTOMOBILES

The Beltline is a hip and trendy community busting at the seams with young families, professionals and long-time residents. An active lifestyle is favoured in this area, complete with plenty of parks to exercise and play in. The Beltline is rarely quiet as it is constantly bustling with activity.

One of the best ways to get around is by public transit. Thanks to the central location, you can get around quite easily. Residents also love to use Car2Go or ride their bikes. Pedestrians are also everywhere — it is a very walkable area of the city with such close access to downtown Calgary.

80 NextHome.ca

COUPLES

FAMILIES

58%

33%

MEET THE NEIGHBOURS

IN THE AREA LIFESTYLE

SINGLES

OWN VS. RENT

33% OWNERS

67% RENTERS

EDUCATION LEVELS

44% UNIVERSITY

31% HIGH SCHOOL

25% COLLEGE

SOURCE: ENVIRONICS

THE GOOD, THE BAD & THE REST

One of the best things about the Beltline is its easy access to the Sheldon Chumir Health Centre. With an Urgent Care admittance among many other clinics in the building, it is very helpful for residents in this area. Haultain Park, Central Memorial Park, Beaulieu Garden and others make this a friendly area to enjoy public greenspaces.

HOT PROPERTIES / CALGARY AREA

DOWNTOWN

River

4 6 5 3

11 16

8 9

1 14

NOTE: Please match map numbers with property listings.

BELTLINE 1. SMITH by Grosvenor smith17.com 2. PARK POINT by Qualex Landmark qualex.ca/ParkPoint

BRIDGELAND 3. Bridgeland Crossings II by Gablecraft Homes liveat.bridgelandcrossings.com 4. Radius by Bucci Developments bucci.com/radius/ 5. Steps by Giustini Bridges Inc. 6. Bridgeland Hill by Gablecraft Homes liveatbridgelandhill.gablecrafthomes.ca

NEW HOMES

NEW CONDOS

EAST VILLAGE

MISSION

DEVELOPER: CMLC 7. INK by Battistella Developments battistella.ca/ink/ 8. EVOLUTION by Embassy Bosa evolutioncalgary.com 9. VERVE by Fram Building Group framhomes.com 10. N3 Condos by Knightsbridge & Metorpia N3condo.ca

14. DUKE by Avi Urban aviurban.com

EAU CLAIRE

VICTORIA PARK 15. GUARDIAN by Hon Towers theguardiancalgary.com

WEST END 16. AVENUE by Grosvenor & Cressey avenuewestend.com

11. WATERFRONT by Anthem Properties waterfrontcalgary.com

KENSINGTON 12. EZRA by Birchwood ezraonrileypark.com 13. KENSINGTON by Bucci Developments bucci.com/Kensington/

FALL 2017 | NEW COMMUNITIESâ&#x20AC;&#x192; 81

WEB DIRECTORY

BUILDERS & DEVELOPERS hopewellresidential.com

Hopewell Residential

baywesthomes.com

Baywest Homes

crystalcreekhomes.ca

Crystal Creek Homes

cardelhomes.com

Cardel Homes

vestaproperties.com

Vesta Properties

jayman.com

Jayman BUILT

homesbyavi.com

Homes by Avi

mattamyhomes.com

Mattamy Homes

unitedcommunities.com

United Communities

jagerhomes.com

Jager Homes

dream.ca

Dream Development

livebrookfield.com

Brookfield Residential

bordeauxdevelopments.com

Bordeaux Developments Shane Homes

shanehomes.com

Trico Homes

tricohomes.com

Calbridge Homes

calbridgehomes.com

Landmark Homes

landmarkgroup.ca

Cedarglen Homes

cedarglenhomes.com morrisonhomes.ca

Morrison Homes

excelhomes.ca

Excel Homes

apexbuildergroup.com

Apex Developments

genesisland.com

Genesis Land

genstar.com/cities/calgary

Genstar Developments

douglashomes.net

Douglas Homes Qualico Communities

qualicocommunities.com/calgary

Stepper Custom Homes Tamani Communities Westmark Holdings – Cooper’s Crossing Watermark 82 NextHome.ca

stepperhomes.com tamanicommunities.com cooperscrossing.ca watermarkatbearspaw.com

Bleed: .25

Colours: CMYK

Built: Sept 07/2017 – JP

YOU’RE NEVER FAR FROM A MATTAMY HOME THE PERFECT HOME FOR YOUR FAMILY IS CLOSER THAN YOU THINK Today, as Canada’s largest home builder, we’re taking our lifetime of dedication to quality and design and leaving our mark in Calgary. Mattamy Homes is proud to take our commitment to building thoughtfully designed homes and communities in places you want to live. With over 2500 thoughtfully designed homes in and around Calgary, a Mattamy home is a home you’ll value for a lifetime. From the very first home we built in 1978, we’ve always had one goal: to make every Mattamy homeowner completely satisfied. Since then, we’ve built 90,000 homes in hundreds of communities across North America.

Find your next home at

mattamyhomes.com/Calgary

FROM $361,990 SW AIRDRIE

FROM $250,990 SW AIRDRIE

FROM $252,990 NE CALGARY

GRA ND OP E NI NG

OCTOBER 14TH NW CALGARY

SPRING 2018 SW CALGARY