Calgary New Home Guide - March 29, 2013 by NextHome

Calgary Edition

Jan 6 - Feb 2, 2012Volume 15

Issue 01

Mar 29 - Apr 26, 2013 Volume 16 Issue 04

Your Best Source for New Homes

Visit Prominent

Homes in

Hawk’s Landing at Priddis Greens (You have to see it to believe it!)

inside this issue

INSIDE THIS ISSUE

FACTORS TO CONSIDER WHEN BUYING A NEW HOME

MAKING SENSE OF MORTGAGE TERMS

001-NHCAL CVR_03-29-2013.indd 1

CALGARY BUILDERS SHINE AT NATIONAL CHBA AWARDS

A BEGINNER’S GUIDE OT ARRANGING A MORTGAGE

ALBERTA SCHOOLS RISE IN IMPROVEMENT RANKINGS

WELCOME THE NE W YEAR WITH A NE W ATTITUDE 3/21/13 4:08:11 PM

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*Pricing as of March 15, 2013. Subject to change without notice. Special offer for a limited time only, must be accepted as awarded, cannot be combined with any other offer. The offer is not valid towards appliances, electronics or lighting. The special advertised offer applies to purchasers of a Shane Home in the community of King’s Heights in Airdrie only. See area manager for complete details. Conditions apply.

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contents MAR 29 - APR 26, 2013

PAGE 66

Homebuyers still have options with minimal down payment

VOLUME 16 ISSUE 04

cover story Prominent Homes’ LATEST OFFERING IN IDYLLIC HAWK’S LANDING PAGE 12

features & editorials IN EVERY ISSUE

COLUMNISTS 18 THE HOMEBUYING PROCESS

Aspects to consider before buying a new home by Donna Moore

EDITOR’S NOTE

by Brad Jackman

MORTGAGE MOGUL

Homebuyers still have options with minimal down payment by Jason Eldridge

IN THE NEWS

14 24

44 46

ECONOMY

Canadian economy would gain by becoming energy ‘superproducer’ MACDONALD DEVELOPMENT

Watermark at Bearspaw wins 2012 National SAM Award

APEX DEVELOPMENTS

Buyers enjoying life on the hill at Hillcrest in Airdrie by Heather Ryan

INSIGHT

Spring is here – time to book your landscape consultation

CHBA

Further intervention in housing markets not warranted: CHBA

CHBA

Housing industry celebrates achievements at SAM Awards

BROOKFIELD HOMES

Alberta elementary schools score improvement in rankings

COMMUNITY PROFILE

Watermark at Bearspaw chosen best community in Canada by Heather Ryan

unveils Leighton model at Auburn Bay community EDUCATION

Prominent Homes’ latest estate offering in idyllic Hawk’s Landing by Heather Ryan

HOMES BY AVI

wins Consumer Choice Award for fourth year in a row

CIBC

Canadians think it’s time to lock into a fixed mortgage: Poll

HOMEBUYERS’ HELP COVER STORY

CHBA

Canadian Home Builders’ Association honours leadership

APEX DEVELOPMENTS

MountainView offers picturesque natural setting

SHOWHOME REVIEW

Shane Homes’ Orion showhome a hit with buyers by Heather Ryan

HOMEBUYERS’ RESOURCE SECTION

Mortgage calculator and rate table

VICE-PRESIDENT, WALL2WALL MEDIA

Jacqueline Hill

DIRECTOR OF SALES, WESTERN CANADA

Josh Heppner

EDITOR-IN-CHIEF, NATIONAL REAL ESTATE

Susan Legge ART DIRECTOR

Daiana Garay EDITOR

Wayne Karl CONTRIBUTING EDITORS

Janine Druery Sara Duck Elisa Krovblit Lydia McNutt (on leave)

60 CONSULTANT

Melanie Gowans 403.200.8462 Follow us on twitter at Twitter.com/NewHomeGuideMel Like us on facebook; facebook/CalgaryNHG

PRODUCTION CO-ORDINATOR

Greg Van Sluytman GRAPHIC DESIGNER

Dhaval Naik

MANAGER OF PRODUCTION

Bala Gnanapandithan NATIONAL ACCOUNT MANAGER, MEDIATIVE

Paul Slizys

FOR ADVERTISING INQUIRIES PLEASE CONTACT:

403.200.8462

FOR NATIONAL ADVERTISING INQUIRIES CALL:

416.263.6783

PUBLISHED BY

district maps 11

CALGARY SOUTH

COCHRANE

NORTHWEST

AIRDRIE

SOUTHEAST

NORTHEAST

OKOTOKS

SOUTHWEST

CALGARY EAST

Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada.

Calgaryâ&#x20AC;&#x2122;s New Home Guide is published 13 times per year. We are located at 2891 Sunridge Way NE Calgary, AB T1Y 7K7. Phone: 587.226.1313. The magazine is free to the public.

Home Guide, Toronto, Ontario, Canada. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication.Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada. TERMS Advertisers,

Editorial content are not responsible for typographical errors, mistakes or misprints. All prices are correct as of press time and are subject to change without notice. E. & O. E.

EDITORIAL Submissions from interested parties will be considered. Please submit to the editor at Susan.Legge@wall2wallmedia.com.

editor’snote

Buying made easy

Three simple steps to success

hopping for a home online is a great way to narrow your search, but there’s nothing like visiting the sites, models and sales offices to get down to the nitty-gritty. Before you venture out, here are some pointers: First, be clear about what you want and expect in a new home and in your builder. Remember, the range of prices in the new-home market generally reflects differences in location, features and home styles. There’s no magic involved. If a builder’s pricing seems out of whack with others in the area, ask for an explanation. Higher prices could mean better quality materials, finishings, features and service. Make sure that the price you are paying will deliver the quality you want. Second, understand exactly what is included with the home you are buying and what is optional. Ask the sales representative to show you samples, and request a “spec” sheet that clearly lists what is included, as well as any upgrade options. Third, evaluate any promises that have been made during your visit. Is the builder prepared to put them in writing? Hearsay comments should not be included as part of your evaluation process. Sit down with your sales representative, ask questions and discuss your Agreement of Purchase and Sale in detail – then take it to a lawyer before it’s finalized.

Susan Legge EDITOR-IN-CHIEF Wall2Wall Media, Susan.Legge@wall2wallmedia.com Follow me on Twitter at Twitter.com/SusanLegge

Getting a jump on spring

By calendar if not by temperature, this time of year signals change and opportunity

he cover date of this issue is March 29 – a few weeks into Daylight Savings Time and a little more than a week after the official start of spring – and hopefully Mother Nature will soon bring warmer weather our way. Indeed, spring is always busy season in the housing market, and despite some recent “cooling” in some areas and housing types, this year should be no different. Fair weather and still-favourable mortgage rates should point to the sales pace continuing in the coming weeks and months. Need proof? Take advantage of the nicer weather and get out there and visit some new-home sales centres and model homes. A combination of factors – including land availability and affordability – is restricting supply of single-detached homes, in particular, at the moment. You may be surprised at just how quickly new lowrise developments are snapped up by homebuyers. We’re also betting you’ll be impressed by how new-home builders in the Calgary area and elsewhere are responding to such challenges, by offering more variety of home options. Gone are the days when the main choices were simply lowrise and highrise. Today’s buyers want variety – townhomes, semis, singles, freehold and condominium ownership – and developers are delivering in spades.

Wayne Karl EDITOR Wall2Wall Media, wayne.karl@wall2wallmedia.com Follow me on Twitter at Twitter.com/WayneKarl

10 NEW HOME GUIDE | MAR 29 - APR 26, 2013

›› CALGARYREGIONSOUTH 1A

COCHRANE

STRATHMORE

CALGARY

CHESTERMERE 797 LANGDON

22X

PRIDDIS

TURNER VALLEY

HERITAGE POINTE

BLACK DIAMOND OKOTOKS

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HAMPTON HILLS

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BUILDERS: Compass Rose Homes, Sheep River Homes

MONTROSE

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HERITAGE POINTE THE RANCH AT HERITAGE POINTE

PRIDDIS HAWKS LANDING

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coverstory

Prominent Homes’ latest estate offering in

idyllic Hawk’s Landing setting by Heather Ryan

gorgeous estate home nestled amongst the trees and backing onto a creek in Hawk’s Landing is a dream come true for buyers seeking luxury in a natural setting. Prominent Homes’ newest offering, the Westley II, is located in The Timbers, an exclusive cul-de-sac comprised of just 13 lots in Hawk’s Landing in Priddis. “It’s really a beautiful setting backing onto Hidden Creek and heavily treed behind the home,” says Ralph Smith, vice-president of sales and marketing. “Actually the whole lot is treed because we try to maintain as much of the natural landscape as we can, which creates an idyllic setting.”

12 New home Guide | mar 29 - apr 26, 2013

This magnificent 3,259-sq.-ft. two-story home with triple-car garage impresses right from the front drive “as the lot allows for the home and garage to be side-by-side, so you’re not just seeing a garage, you see the whole width of the home, the gable roofs and double front door, so it presents an attractive streetscape,” Smith says. Inside, you’ll be awed by the dramatic criss-cross stairs with open risers that provide a stunning view into most of the main floor. “The criss-cross stairs are our signature piece, they are very impressive and we get lots of great comments about them.”

Buyers who work from home will appreciate the main- open lockers and a bench providing substantial storage, floor office to the right of the entry, a place where they Upstairs are a spacious bonus room along with a multican see clients without having to direct them through the functional loft space around the stairs, a main full bathmain living area as it has its own separate outside en- room with dual sinks and a large laundry room. Two trance. generous-sized bedrooms, each with a walk-in closet, To the left of the entry, the great room is warmed by feature a fun “Alice in Wonderland” door between the a cantilevered fireplace, flanked by built-ins and topped closets, allowing the kids to play back and forth. by a large niche suitable for a large screen TV. Across the Owners will feel totally pampered in the master retreat room and tucked by the stairs is a convenient wet bar. that includes a two-sided gas fireplace shared with the “With its open concept, the home is perfect for enter- luxurious ensuite, which features an eye-catching freetaining,” Smith says. “It’s designed so that you can enter- standing, deep soaker, air-bubble tub, large tiled walk-in tain large groups and they can be spread out in the home shower, two long “his and hers” vanities and an enormous – sitting in the great room or dining room or gathering walk-in closet with built-ins. around the wet bar or kitchen island.” The lower level of this home is undeveloped, but Smith Homeowners will savour the gourmet kitchen that has says the open design allows plenty of room for a home a large granite-topped island with raised table, mosaic tile theatre, family room, fourth bedroom and bathroom. The backsplash and high-end stainless steel appliances, includ- garages are also big enough to provide adequate space for ing a built-in wall oven with microwave above and gas “toys” and a work bench. cook top. “The rear of the home is south-facing and it’s abso“The kitchen has an incredible amount of pots and lutely beautiful sitting on the patio and enjoying the pans drawers and cabinets. Plus, there is an enormous natural setting and mature trees,” Smith says. “It’s very walk-through pantry, so there is plenty of space for storage,” peaceful and totally relaxing; it’s also an ideal home for Smith says. families or people who love to entertain.” The dining room has windows on three sides, ensuring plenty of natural light, and double doors which open to a To view this home, call Corey Cameron, 403-919-9193, or good sized L-shaped patio extending your dining pleasure Mark Milne, 403-863-1900, to schedule an appointment. outdoors. The mud room off the garage has two closets, Visit Prominent Homes at prominenthomes.ca

mar 29 - apr 26, 2013 | New home Guide 13

inthenews

CANADIAN ECONOMY WOULD GAIN BY

becoming energy ‘superproducer’ – Fraser Institute CANADA – ESPECIALLY THE PROVINCE

of Alberta – would gain significant economic benefits including job growth and additional tax revenue by working to become an energy “superproducer,” suggests a new study from the Fraser Institute, an independent, nonpartisan Canadian public policy think-tank. And the growth in energy production and exports would, if managed properly, not damage other facets of the economy, concludes the study, Canada as An Emerging Energy Superproducer. “Further growth in energy production would be of net benefit for Canadians as long

as the risks associated with becoming an energy superproducer and net energy exporter are managed to avoid or minimize any negative impacts that energy sector growth could have on other areas of the economy,” says Gerry Angevine, Fraser Institute senior fellow and co-author of the study. Canada as An Emerging Energy Superproducer explores the meaning of the term “energy superpower” and whether Canada could

It’s time to make your move.

SpringCreditHorzAd-14.25x4.625-CgyNewHomeGuide.indd 1 14 NEW HOME GUIDE | MAR 29 - APR 26, 2013

become an energy superpower or a super- and shale formations, Canada could become the fourth or even third producer of energy. It also examines how largest global oil producer. The story is similar for natural gas, where Canada’s energy resources, production, and Canada is currently the fourth largest global producer, as well as electricnet exports rank from a global perspective ity exports and uranium production. Overall, Canada was the fifth largest and provides an overview of the economic exporter of oil, natural gas, oil products and electricity combined in 2009, benefits flowing from energy resource pro- behind Russia, Saudi Arabia, Norway and Iran. duction, including the royalty payments Kenneth P. Green, study co-author and senior director in the Fraser that flow to governments and interprovin- Institute’s Centre for Energy and Natural Resource Studies, points out cial energy trade. that Canada’s energy sector already makes enormous contributions to “Prime Minister Stephen Harper refers the economy in addition to creating jobs and government revenues through to Canada becoming an energy superpow- royalty payments. er, but for a country to become an energy Oil and natural gas extraction contributed $94 billion to GDP in superpower, it has to be able to use its 2011; electric utilities contributed $33 billion, while the uranium mining energy resources to set market prices and industry purchased goods and services valued at $1.1 billion. Additionexercise political power,” Angevine says. ally, the study estimates the energy sector as a whole is responsible for “With its adherence to free trade and at least 663,000 jobs, comparable to almost 4.5 per cent of total payroll extensive private sector investment in the employment in 2012. energy sector, Canada will not become an On the revenue side, Canada’s energy resource producers annually energy superpower in the traditional pay at least $19 billion to provincial and territorial governments in the sense.” form of royalties, lease payments, and fees. The study found that Canada cur“These payments will only become greater as petroleum and uranium rently ranks sixth in the world for oil pro- production increases and new hydroelectric facilities are built. Growth of duction (behind Russia, Saudi Arabia, the oilsands bitumen production alone could result in royalties reaching $50 United States, China and Iran). But with billion per year by 2033 compared to $4.5 billion in 2011,” Green says. planned new investment in the oilsands

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13-03-15 10:15 AM MAR 29 - APR 26, 2013 | NEW HOME GUIDE 15

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SHOWHOMES: Jumping Pound Terrace www.jumpingpoundridge.com BUILDERS: WestView Builders, Baywest Homes, Kingsmith Homes

03 SUNSET RIDGE

SHOWHOMES: Ridge View Green Sunset Way DEVELOPER: Melcor BUILDERS: Jayman MasterBUILT, Innovations by Jayman, Janssen, Calbridge, Landmark Homes, Excel Homes coming on, Homes by Avi coming soon SHOWHOMES: River Heights Blvd., River Heights Cres. DEVELOPER: Tamani BUILDERS: Phase 3: Innovations by Jayman, Sabal Homes Phase 4: Jager Homes, Jayman MasterBUILT, NuVista Homes

RIVERV 42

SHOWHOMES: Heritage Green DEVELOPER: Harmony Park BUILDERS: Stepper Custom Homes, Trico Homes,

01 HERITAGE HILLS

NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.

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SHOWHOMES: Monterra Link DEVELOPER: Medallion Development Corp. BUILDERS: Prominent, Modena, Cornerstone, Brooklyn, Astoria Custom Homes

06 WESTPOINTE ESTATES

SHOWHOMES: West Pointe Manor DEVELOPER: MGM Developments. BUILDERS: Mapleland Homes, Kingsmith Homes

07 FIRESIDE

LOCATION: Cochrane DEVELOPER: La Vita Land BUILDERS: Calbridge, Janssen, Kingsmith, Landmark, Reidbuilt www.firesidecochrane.com

08 HEARTLAND

SHOWHOMES: Horse Creek Road DEVELOPER: Apex Developments BUILDERS: Excel Homes www.heartlandcochrane.com

MAR 29 - APR 26, 2013 | NEW HOME GUIDE 17

RANGE RD 40

HORSE CREEK RD.

thehomebuyingprocess

Donna Moore Executive Oﬃcer, Calgary Region Home Builders’ Association 403.235.1911 | crhba.com

ASPECTS TO CONSIDER BEFORE

buying a new home by DONNA MOORE

LOCA L HOUSE HUNTERS LOOK ING TO TA K E

advantage of low interest rates by getting into a new home this year will be pleased to discover a fabulous selection of home designs, styles, sizes and incredible features by Calgary and area builders. However, before you get wrapped up in all the excitement of looking for a new home, take the time to consider all the aspects surrounding what will be one of most important investments of your life so that you can make informed and confident decisions during the home-buying process. Before you start looking at the various models available it’s a good idea to set a budget. Find out from your fi nancial institution how much of a mortgage loan you qualify for and get pre-approval for a mortgage – this will save you time later on by helping to narrow down your choices. Also, by going through the pre-approval process, with today’s low interest rates, you may be surprised at how much you can borrow. You should be realistic about how much you want to spend on your home – don’t be tempted to buy more of a home than you can afford and make sure you have funds set aside for incidentals such as lawyers’ fees, transaction costs, moving expenses and so on. Further, make room for “extras” in your budget because chances are you will want to add some upgrades and extra features to the builder’s standard model that will cost a little more. Think hardwood flooring, granite counters and fireplaces, 18 NEW HOME GUIDE | MAR 29 - APR 26, 2013

if they are not already included, and don’t forget about the decorating and furnishing you’ll want to do. Another good idea before you start visiting local showhomes is to make a list of what you absolutely need in a home and what you’d would like to have. Is a main-floor flex room or a walk-through pantry important? Do you need four bedrooms or a bonus room? And what about location, do you want to be close to a school, shops, work or transit? Since searching for a home can be time consuming, there is little point in looking in areas that don’t suit your needs or at homes that won’t work for you or your family. When you buy a new home, you also buy the builder’s expertise and reputation, so it’s best to do some research. Check out the builder, ask questions, follow up on references, and know what you are getting for your money. Since no two home builders are alike, it’s good to know what you’re getting for your money because what is considered standard with one builder may cost extra with another. With this in mind you should check out each builder’s sales packages to fi nd out what the standard features are and what is included in the price, and when in doubt, ask the builder or salesperson to explain. When going through showhomes also remember many may feature upgrades and various options to give you ideas for personalizing your home, so having a specifications list on the home will let you know what is standard. It’s also good to note what brand-name products the builder installs and the manufacturers’ warranties that come with them. Another factor to consider is that developments may have restrictions on the location of individual home models in order to ensure a varied and attractive streetscape. If you’re buying from models or plans, have a close look at the lots, and keep in mind aspects such as light and sun patterns, traffic, noise, privacy, green space and so on. Buyers should also fi nd out about the home builder’s warranty and after-sales service. When it comes to narrowing down your choice, make sure you compare value, not just price. Consider the quality of the construction, the products and the systems and be sure to check out those “intangibles” — the reputation of the builder, their service and their commitment to customers. Once you’ve done this you’ll be able to make an informed decision and then sit back and enjoy the excitement of buying a new home that’s right for you and your family.

does a kitchen this gorgeous come standard with every jayman masterbuilt home?

absolutely.

Visit your nearest Jayman MasterBUILT Show Home to see how Built-in KitchenAid stainless steel appliances, granite countertops with 8 colour options, maple cabinets with 6 door styles, 6 stain colours with soft-close doors and drawers and a large selection of tile backsplash can make the kitchen your favourite room. Find out all the great things you can do with a Jayman MasterBUILT Kitchen at one of our Show Homes. Show Home Hours Monday to Thursday 2-8 pm Weekends / Holidays 12-5 pm For more information visit jayman.com/standardkitchen

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01 PANORAMA HILLSproject for more details. 04 SAGE HILL See ad of a particular

10 Hanson Ranch

SHOWHOMES: Sage Hill Point NW, Sage Valley Park NW, Sage Hill 11 Milano Green NW Showhomes: 99 Panatella Hill NW BUILDERS: Shane Homes, Excel Builders: Trico Homes Homess, Trico Homes, Morrison Homes, Discovery Homes, Baywest Homes, Homes by Avi

02 ROYAL OAK 05 NOLAN HILL:Showhomes now open Showhomes: Hidden Creek Blvd. NW

DEVELOPER:Developer: Birchwood Properties DEVELOPER: United Communities Cedarglen Homes | Cardel Homes esis Land Development Corp. | BUILDERS: Birchwood Properties BUILDERS: Homes by Avi, Morrison x Developments Builders: Genstar Homes, Shane Homes, Sterling on Homes | Majestic Homes | 03 EVANSTON Homes, Today’s Homes, Trico Homes, Homes | Centrex Homes SHOWHOMES: Evanspark Circle NW DEVELOPER: Qualico BUILDERS: Broadview, NuVista, Trico Homes, Pacesetter Homes, Sterling Homes, Jayman MasterBUILT

SHOWHOMES: 8 Evansview Manor DEVELOPER: Genstar BUILDERS: Cardel Homes, Acuri Homes

SHOWHOMES: Sage Meadows Circle NW DEVELOPER: Genesis Land Development Corp. BUILDERS: Genesis Builders Group, Passion Homes, Reid Built Homes, Today’s Homes www.genesisbuildersgroup.com

11 VALLEY POINTE ESTATES

DEVELOPER: Melcor BUILDERS: Shane Homes, Reid Built Homes, Landmark Homes, Homes by Avi

12 BEARSPAW WILLOW CREEK

BUILDERS: Astoria Custom Homes, Hyatt Homes, Laratta Homes, Mckinley Masters Custom Homes

13 WATERMARK AT BEARSPAW

BOW TRAIL

SHOWHOMES: Panatella Blvd. NW, Panatella Square NW, 9 CityLife Panora Way NW Showhomes: 2003 20th Ave. DEVELOPER: Genstar Developer: Birchwood Properties BUILDERS: Homes by Avi, Cardel Builders: Excel Birchwood Properties Homes, Landmark, Homess, Arcuri Homes

SHOWHOMES: 150 Kincora Glen Rd. DEVELOPER: Melcor BUILDER: Excel Homess

09 EVANSVIEW BE

AVE NU E

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SHOWHOMES: Tuscany Estate Rise NW DEVELOPER: Brookfield Residential BUILDERS: Albi Homes www.tuscany-community.com

10 SAGE MEADOWS

85 STREET

NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.

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›› NORTHWESTCOMMUNITIES

Creations by Shane Homes, www.nolanhillunited.com

06 BEACON HEIGHTS

SHOWHOMES: Sherwood Crescent NW DEVELOPER: Intergulf Cidex BUILDER: Trico Homes, Intergulf Cidex

DEVELOPER: Macdonald Development Corporation BUILDERS: Astoria Homes; Albi Homes, Trickle Creek Homes, Wolf Custom Homes www.watermarkatbearspaw.com

14 EVANSRIDGE

DEVELOPER: Dundee Developments BUILDERS: Homes by Avi, Genesis Builders Group, Landmark Homes, Morrison Homes, Innovations by Jayman, Westview Builders, Stepper Custom Homes, Calbridge Homes, Excel Homes coming soon

15 ROCK LAKE ESTATES

DEVELOPER: Decker Management BUILDERS: Ashton Custom Homes, Crystal Creek Homes, Lupi Luxury Homes

16 ROCKFORD ESTATES - TRAIL’S END BUILDER: Jager Homes

17 SHERWOOD

DEVELOPER: Melcor BUILDERS: Shane Homes, Homes by Avi, Genesis Builders Group

MAR 29 - APR 26, 2013 | NEW HOME GUIDE 21

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RO AD

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nolanhillunited.com BE DD I

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inthenews

Watermark at Bearspaw Wins 2012 National SAM Award

For Community Development

M ac d on a l d De v e l o pm e n t

Corporation is pleased to announce that Watermark at Bearspaw has been awarded the Canadian Home Builders’ Association’s 2012 National SAM Award for Community Development. The Community Development Award recognizes a single community in Canada that has best achieved the creation of an attractive, exciting, innovative and environmentally responsible community. Watermark at Bearspaw was announced as the winner of this prestigious award at the Canadian Home Builders’ Association’s 70th National Conference on March 8, 2013 in Lake Louise. “It was a tremendous honour just to be a finalist for the Community Development Award,” commented Matthew Jones, associate vice-president of sales and marketing for Macdonald Development Corporation. “In essence, this award recognizes the best community in the nation, so it is truly a remarkable achievement to have won, especially given the calibre of communities that were nominated this year.” Adding to the excitement of the evening was the fact that Albi Homes, one of Watermark’s talented showhome builders, took home the top prize of the Grand SAM Award, awarded to the builder which demonstrates the highest level of excellence 24 New home Guide | mar 29 - apr 26, 2013

in both the building and marketing of new homes. “With Albi Homes taking home the Grand SAM, we now have the best builder in Canada building homes in the best community in Canada,” adds Jones. Up next for the national award-winning development are the Regional SAM Awards that will take place on April 13 in Calgary. Watermark is a finalist in three categories: New Community of the Year, Community of the Year – Calgary Region and Best Moving Media. Watermark at Bearspaw is an estate home neighbourhood offering fully serviced lots ranging in size from one-quarter acre to one acre, with frontages from 80 to 150 ft. and minimum spacing between homes of 25 ft., making it a truly distinctive offering in the Calgary marketplace. The community includes 46 acres of parkland, comprising cascading streams, large ponds and more than five kilometres of paved trails. The centrepiece of Watermark’s amenities is a pond-side plaza, complete with outdoor kitchen, pavilion, picnic tables, barbecues, fire pit with amphitheatre style seating, basketball court, sports field and playground. Watermark has just released a second phase of lots within the community. Jones notes that the response to the new phase has been fantastic thus far and that interest will undoubtedly grow as word spreads about the national awards won by the community and Albi Homes. Featuring four of Calgary’s top home builders – Albi Homes, Astoria Custom Homes, Trickle Creek Custom Homes and Wolf Custom Homes – Watermark at Bearspaw is located two kilometres south of Crowchild Trail NW on 12 Mile Coulee Road. Watermark is conveniently close to a variety of shopping and dining venues, within walking distance of the spectacular Lynx Ridge Golf Course and a 20 minute commute to the downtown core and the airport. The extension of the northwest LRT line will bring a new station to within minutes of the community. The Watermark at Bearspaw Show Home Parade is open 2 to 8 p.m. Monday to Thursday, noon to 5 p.m. Saturday and Sunday and is closed on Fridays. More information is available at watermarkatbearspaw. com or by calling 403.239.9735.

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communityprofile

Watermark at Bearspaw chosen best community in Canada by Heather Ryan

n incredible estate home community just west of the city that is wowing buyers with its stunning homes and cascading ponds has been chosen the best community in Canada and is home to the best builder in Canada. Watermark at Bearspaw, a 287-acre community being crafted by Macdonald Development Corporation, rose above the competition to be awarded the Canadian Home Builders Association’s 2012 National SAM Award for Community Development at the awards ceremony held in Lake Louise on March 8. The Community Development Award recognizes a single community in Canada that has best achieved the 26 New home Guide | mar 29 - apr 26, 2013

creation of an attractive, exciting, innovative and environmentally responsible community. “It was a very exciting evening,” says Matthew Jones, associate vice-president of sales and marketing. “It was an honour to be a finalist for the award because there are so many great communities being built across this great country and we were up against two other communities in Calgary as well, so it was very stiff competition. “We were over the moon when our name got called,” he says. “It’s truly a remarkable achievement and I think well deserved because this is a very special community with a great group of builders.” Jones says the award recognizes the quality of the homes in the community, the impressive lots that range from one-quarter to over three-quarters of an acre with frontages from 80 to 150 ft., and the amenities that include the fabulous network of cascading ponds and streams, which will be flowing again come spring, 46-acres of parkland, five kilometres of paved trails and the central plaza featuring a large pavilion with fire pit and outdoor seating, NBAsized sports court, grass sports field and playgrounds. “We’re also thrilled that Albi Homes, one of four builders in Watermark, won the Grand SAM Award,” Jones says, which recognizes the new-home builder

The community’s location provides an added appeal for buyers being minutes from Glenbow Ranch Provincial Park, within walking distance to the Lynx Ridge Golf Course, and short drive from the Bearspaw Golf & Country Club. who demonstrates the highest level of excellence in building and marketing. Albi also won two other awards. “So we have the best builder in Canada building homes in the best community in Canada. How incredible is that?” Along with Albi Homes, which will open a showhome in the fall and currently has a sales centre open on site, Watermark’s spectacular showhome parade includes Astoria Custom Homes, Trickle Creek Custom Homes and Wolf Custom Homes, all on the community’s Street of Distinction. Jones notes that while showhomes are priced from $1.9 million, people can buy into Watermark starting at $1 million and can now select from quick possession homes. “Our builders are currently crafting homes that are available for immediate occupancy and the sales to date have been quite successful,” he says, adding there are 50 homes currently under construction in the community. “So people now have the opportunity to move into Watermark right away rather than having to wait six to eight months for their home to be built.” Watermark at Bearspaw has also recently released lots in Phase 2 offering a great selection including mountain views, walkouts and about 50 per cent are backing on Watermark’s gorgeous water features. “We just launched Phase 2 and we’ve sold 10 lots in the past two weeks, so we’re getting a great response,” Jones says.

The community’s location provides an added appeal for buyers being minutes from Glenbow Ranch Provincial Park, within walking distance to the Lynx Ridge Golf Course, and short drive from the Bearspaw Golf & Country Club. It’s also conveniently located at 12 Mile Coulee Road, just minutes from both a wide range of shops, services, restaurants and the LRT at Crowfoot and from Crowfoot and Stoney Trails for ease of getting downtown and to the airport. To learn more about this award-winning community, visit the showhomes, open 2 to 8 p.m. Monday to Thursday, noon to 5 p.m. weekends, visit watermarkatbearspaw.com or call 403.239.9735.

inthenews

FURTHER INTERVENTION

in housing markets not warranted: CHBA

T H E F EDER A L G OV ER NMEN T

should refrain from further intervention in the housing market by adjusting mortgage lending rules, according to the Canadian Home Builders’ Association. In his inaugural address at the recent 70th National Annual CHBA Conference in Lake Louise, Alta., Incoming President Deep Shergill of Calgary said that such intervention represents “a hammer” that impacts all housing markets, both those that are healthy and those yet to fully recover from the recession. Shergill, President of Prominent Homes Ltd. of Calgary, called on the government to be prepared to take remedial action if housing activity falls below demographic demand or if price stability is threatened. “It seems less than forthright to constrain consumers’ ability to buy a new home – a real asset, while allowing usurious credit card interest rates to bury many consumers in non-asset backed debt,” Shergill said. Working to maintain a stable financing environment would be one of seven priorities in his plan of action for the coming year, he said. The others are regulation, government-imposed costs, a skilled and productive workforce, land availability, market intelligence and investment in research and development. Canada Mortgage and Housing Corp. (CMHC) has played a central role in 28 NEW HOME GUIDE | MAR 29 - APR 26, 2013

maintaining stability in mortgage markets since the financial meltdown of 2008, Shergill said. “We are extremely pleased that the federal government recognizes the corporation’s continued effectiveness.” The industry’s success in improving energy efficiency illustrates the benefits of collaboration with government in research and development. A CHBA analysis of the energy performance of an Ottawa home built in 1975 compared with one built today shows a 66 per cent improvement. Comparing similar models of family cars over the same period showed a maximum improvement in energy efficiency of 16 per cent. Shergill said it’s time to roll back the chronic over-regulation of the new-home building industry. Government-imposed costs are pushing house prices ever higher and must be rolled back and reduced, Shergill said. “So long as governments persist in confusing the effect of low interest rates with real housing affordability, they will fail to recognize the steady erosion of housing affordability.” The same pressures that add to the cost of a new home also inflate the value of existing homes, with no value-added. As a result there is a multiplier effect through the resale housing market every time a new charge, fee or levy is applied to new development. In some urban centres the relationship between house prices and household incomes has reached a crisis point. The growing underground economy is also a result of the rising tax burden on housing. In consultations on the federal government’s plan for long-term infrastructure, Shergill said the CHBA has pointed out that calls for new development to pay its own way deflect from the failure of politicians to invest in basic infrastructure over many decades. “What some call an infrastructure deficit should more correctly be recognized as a legacy of failed leadership. Requiring new development to pay for bad decisions in the past is unacceptable.” The CHBA hopes the next federal budget will outline a national plan for infrastructure investment that will give priority to housing affordability and choice.

›› AIRDRIECOMMUNITIES 01 BAYSIDE ESTATES

VETERANS BLVD

1ST AVE

SHOWHOMES: Bayside Circle SW, Baywater Crescent DEVELOPER: Genesis Land Development Corp. BUILDER: Genesis Builders Group, McKee Homes, Coco Homes, Sovereign Homes www.genesisland.com

02 WINDSONG

SHOWHOMES: Windsong Dr. DEVELOPER: Mattamy Homes BUILDERS: Mattamy Homes

03 REUNION

EAST LAKE

SHOWHOMES: Reunion Street NW. & Reunion Grove NW DEVELOPER: Hopewell Residential Communities BUILDERS: Excel Homes, Sabal Homes, McKee Homes

NOSE CREEK

04 KING’S HEIGHTS

1 YANKEE VALLEY BLVD

YANKEE VALLEY BLVD

9 2

NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.

6 4

SHOWHOMES: Kings Height Blvd. DEVELOPER: Melcor BUILDER: Jayman MasterBUILT, Loreck Homes, McKee Homes, Reid Built, Shane Homes

05 RAVENSWOOD

SHOWHOMES: Ravenswood Drive DEVELOPER: Qualico BUILDERS: NuVista, McKee Homes, Pacesetter, Broadview

06 COOPERS CROSSING

SHOWHOMES: Cooper’s Drive, Cooperstown Court DEVELOPER: Westmark Holdings BUILDERS: McKee Homes, Trico Homes, Artigiano Developments, Canterra Custom Homes

07 WILLIAMSTOWN

SHOWHOMES: Williamstown Green DEVELOPER: Vesta BUILDERS: Douglas Homes, Talisman Homes, Vesta

08 HILLCREST

Developer: Apex Developments Builders: Excel Homes, Shane Homes, Trico Homes http://hillcrestairdrie.com

09 PRAIRIE SPRINGS

Builders: Prominent Homes, McKee Homes

MAR 29 - APR 26, 2013 | NEW HOME GUIDE 31

inthenews

Buyers enjoying life on

the hill in APEX’s Hillcrest in Airdrie by Heather Ryan With plenty of greenspace,

a great selection of home styles and a convenient location, it’s easy to see why new homebuyers are enjoying life on the hill in Airdrie. Crafted by APEX Developments, Hillcrest is situated on 146 acres in southwest Airdrie and once completed will consist of approximately 600 single-family homes, 150 duplex homes and 100 townhomes. Hillcrest is situated on the highest point in Airdrie, and the way APEX has designed the community a number of homes will have good views of the mountains or downtown Calgary. And new homebuyers love that the community offers an abundance of greenspace, attractive pricing and generous sized homes. APEX has just released a new phase in Hillcrest with a great selection of lots to choose from, says Susan Henderson, senior development manager at APEX. “The newly completed park offers a large greenspace with two play areas for families to enjoy, and there are still a few lots remaining for sale backing onto this great green space,” she says. Excel Homes has had great success with its duplex product and is now offering double attached front garage duplex. Excel’s duplex product starts from the $300,000s and includes three bedrooms and 2.5 baths. Excel also joins Shane Homes and Trico Homes in building single-family homes with front-attached doublecar garages in Hillcrest priced from the $360,000s. “Hillcrest has been very well re32 New home Guide | mar 29 - apr 26, 2013

ceived in Airdrie because of its extensive landscaping and gorgeous entry feature that give the community an estate feel,” she says. The stunning, architecturally-styled entrance, which includes a grand 22-ft.-tall stone tower and gatehouse which makes a visual impact and complements the community’s natural topography and architectural styling that includes Arts and Crafts, Craftsman, Prairie and Tudor. Along with the abundance of green space and parks, there is an extensive pathway system, a storm water pond, and plazas within the parks that will act as gathering places encouraging residents to get out and socialize with their neighbours. Located in southwest Airdrie on 8th Street, south of the future 40th Avenue, Hillcrest is just a few minutes drive from a wide range of shops, services, restaurants, coffee shops and big box retailers, and residents have easy access to nearby CrossIron Mills shopping mall. Residents will also appreciate having quick access to Hwy. 2 (QEII) and Stoney Trail for ease of getting to the airport, commuting to downtown Calgary and heading out to the mountains. For more information on Hillcrest, visit the eight showhomes open Monday to Thursday 2 to 8 p.m., and weekends and holidays, noon to 5 p.m., or visit hillcrestairdrie.com

YANKEE VALLEY BLVD. 8TH ST. SW

QE2

COUNTRY HILLS BLVD. NE

NO CONDO FEES

in Airdrie

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Get Side by Side in Bayside with Genesis Builders Experience all the benefits of home ownership. Our Side by Side homes provide comfort, quality and generous living space both inside and out. A home to call your own with

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2013-03-15 11:23 AM

showhomereview

Shane Homes’

Orion showhome a hit with buyers by Heather Ryan

ith its combination of terrific features, great design and a stylish decor, Shane Homes’ Orion showhome has become a hit with buyers in Airdrie’s King’s Heights. The Orion, a two-storey with front double attached garage, comes standard at 1,858 sq. ft., but various options boost the showhome to 1,964 sq. ft. It has become one of Shane Homes more popular plans, says area manager Cindy Klassen. “People love the great features, the functional and comfortable design and they really love the decor in the showhome; it’s very eye-catching,” Klassen says. “We’re getting such a good response from people coming in that many want to duplicate it completely.” Orion’s serene dark and light contemporary colours “are really appealing to people; they feel they can move in right 36 New home Guide | mar 29 - apr 26, 2013

away and they love the spacious feel.” “We get tons of positive comments about the kitchen, which adds that wow factor and is perfect for those who love to cook with great built-ins and the walk-through pantry, which provides lots of room for storage,” she says. “They also love the ensuite with the double sinks and large walk-in closet.” From the entry, you’re greeted by a bright and spacious feel from the nine-ft ceilings to the grand view through to the rear of the home. The dark-toned hardwood floor presents a nice contrast to the light-toned colour scheme creating a warm welcoming feeling. The foyer also has room for a bench or hall table and there’s a nice corner niche adding a decorative touch. At the rear of the home, the kitchen is a feast for the eyes as light-toned granite countertops are beautifully offset by dark cabinets that rise almost to the ceiling. The kitchen’s delectable granite-topped level island it highlighted by white subway tile on the front and offers ample space for food prep and breakfast bar seating. The kitchen also serves up a cool tile backsplash with a four-row inlay of

cork-look tile for a distinctive look, stainless steel appliances including a cook top range and built-in wall oven with microwave above and a built-in wine rack. Across from the kitchen, the great room is warmed by a corner fireplace surrounded in tile and topped with a niche. Adjacent to the kitchen, the large nook ensures plenty of room for casual or formal dining. A corner door in the kitchen opens to the walk-through pantry, which leads to the mudroom and garage entry where there is room to place a bench or add a built-in for additional storage. A convenient halfbath is located between the garage and front entries. Upstairs to the left, the owners will love their suite that will accommodate a king-sized bed and furniture and the luxurious ensuite with granite-topped vanity with dual sinks, corner soaker tub, separate granite-topped make-up vanity, walk-in shower surrounded in tile and a large walk-in closet. Down from the owners’ suite are two good-sized bedrooms, the main full bath with granite-topped vanity and laundry room. “People love that they have a full laundry room rather than a laundry closet,” Klassen says. The rear bonus room also ups the wow factor with its impressive wall-to-wall builtin entertainment centre, multiple windows and exceptional space allowing you to add an IT centre, built-in bar or a foosball table against the far wall and still have room for furniture. Klassen says King’s Heights is “also a great location with canals and greenspace and some of the largest lots in Airdrie. We’re also minutes from nearby shops, services and restaurants, Genesis Place recreation centre and CrossIron Mills mall. It’s also more affordable than Calgary yet you’re a quick commute to the city.” The Orion, at 1187 King’s Heights Rd., is open Monday to Thursday 2 to 8 p.m., and weekends noon to 5 p.m. For more information, call 403-536-2303 or visit shanehomes.com

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$300s

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$300

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16 AVENUE

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›› SOUTHEASTCOMMUNITIES 36 STREET

17 AVENUE

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9 DERSON ROAD

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130 AV ENU E

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1 CRANSTON AVE. SE

04 WALDEN

05 MAHOGANY

TOM TR

24 STREET

DEE R

SHOWHOMES: Cranarch Landing DEVELOPER: Brookfield Residential BUILDERS: Albi Homes, Shane Homes, Cardel Homes, Cedarglen Homes, Trico Homes, Discovery Homes, Landmark Homes, Baywest Homes, Brookfield Homes www.livecranston.ca SHOWHOMES: Walden Terrace SE DEVELOPER: Genstar BUILDERS: Cardel Homes, Innovations by Jayman, Excel Homes, Homes by Avi, California Homes, Avi Urban

52 STREET

HLAND DRIVE

2 AVENUE

03 CRANSTON

GLENMORE TRAIL BARLOW TRAIL

MORE VOIR

SHOWHOMES: Copperpond Heath SE and Copperpond Blvd. SE www.copperfield.ca DEVELOPER: Hopewell Residential Communities BUILDERS: Excel Homes, Sabal Homes, Stepper Custom Homes

52 STREET

MacLEOAD TRAIL

ELBOW DRIV E

BLACKF OOT

A IL

17 AVENUE

SETON BLVD SE

SHOWHOMES: Mahogany Boulevard SE & Mahogany Heights SE DEVELOPER: Hopewell Residential Communities BUILDERS: Jayman MasterBUILT, Sabal Homes, Stepper Custom Homes, Trico Homes, Homes by Avi ESTATE SHOWHOMES: Mahogany Manor SE BUILDERS: Baywest Homes, Calbridge Homes, Morrison Homes www.mahoganyliving.com

06 McKENZIE TOWNE

DEVELOPER: Brookfield Residential ELGIN VILLAGE SHOWHOMES: McKenzie Towne Dr. SE, Elgin Meadows Green SE., Elgin Estates View SE BUILDER: Cardel Homes, Albi Homes, Cove Properties, Cardel Lifestyles, Brookfield Homes, Avalon Master Builder www.livemckenzietowne.ca

07 NEW BRIGHTON

SHOWHOMES: New Brighton Dr. SE DEVELOPER: Brookfield Residential BUILDERS: Shane Homes, Cardel Homes, Trico Homes, Cedarglen Homes, Morrison Homes, Homes by Avi, Innnovations by Jayman, Brookfield Homes www.livenewbrighton.ca

08 CHAPARRAL VALLEY 10

9 01 AUBURN BAY

SHOWHOMES: Auburn Shores Way SE & Auburn Springs Blvd SE, Auburn Bay Blvd. SE, Auburn Sound Manor SE, Auburn Bay Gardens, Auburn Shores Landing DEVELOPER: Brookfield Residential BUILDERS: Brookfield Homes, Cardel Homes, Cedarglen Homes, Baywest Homes, Jayman MasterBUILT, Albi Homes, Morrison Homes, Discovery Homes, Inspire by Jayman www.liveauburnbay.ca

SHOWHOMES: Chaparral Valley Drive SE & Chaparral Valley SQ DEVELOPER: Genstar BUILDERS: Cardel Homes, Jayman MasterBUILT, Innovations by Jayman, Cardel Lifestyles, Homes by Avi, California Homes

09 QUARRY PARK

SHOWHOMES: Quarry Landing SE, Quarry Parkway SE. DEVELOPER: Remington Corporation BUILDERS: Cardel Homes

10 LEGACY

DEVELOPER: Westcreek Developments BUILDERS: Stepper Custom Homes, Albi Homes, Trico Homes, Excel Homes (coming soon), Sterling Homes, Creations by Shane Homes

MAR 29 - APR 26, 2013 | NEW HOME GUIDE 39

inthenews

HOUSING INDUSTRY CELEBRATES ACHIEVEMENTS

at National SAM Awards

New-home builders, renovators and developers from across Canada celebrated achievements in the housing industry at the recent Canadian Home Builders’ Association’s National SAM Awards presentation. The awards were a highlight of the CHBA National Conference with builders from Ontario and Alberta receiving many of the top honours. Albi Homes Ltd. of Calgary won the prestigious Grand SAM Award. The firm also won the New Home Award for the best single-detached home over 2,200 sq. ft. in the production category and the best sales office in the Marketing Awards category. The Grand SAM is presented annually to a CHBA builder member for combined excellence in both the building and marketing of new homes. “Each of these National SAM Award winners has demonstrated leadership and produced leading-edge products,” says CHBA President Ron Olson. “Every award recognizes an outstanding success and I congratulate all the winners.” The CHBA National SAM Awards presented by Schlage and Trane is the premier competition for new homes, home renovations, community development, marketing and sales. The awards recognize outstanding performance in new homes and renovation design, innovative technology and construction techniques, and outstanding marketing and sales activities. The competition is open to all new-home builders, renovator and developer members of the CHBA. An independent panel of judges selected from across the country reviews all entries.

Grand SAM Award winner, Albi Homes Ltd., Calgary project, Pathways in Caledon East. Creative concept and production: BAM Builder Advertising & Marketing Inc. The award goes to the CHBA builder member whose single project combines the best overall achievements in marketing. The award is based on the cumulative results attained in at least four Marketing Award categories.

Green Home Award Effect Home Builders Ltd. of Edmonton won the Green Home Award, presented to a new home builder or developer member for outstanding environmental performance in a new single-detached home.

Community Development Award The Community Development Award, recognizing members’ achievements in creating attractive, exciting and innovative communities, was presented to Watermark Development LP of Calgary for Watermark at Bearspaw – Phase 1.

New Home Awards – Production

» Linwood Homes Ltd of Young’s Point, Ont. won for Deerbay in the single-detached, under 1,500 sq. ft. category. » Rinaldi Homes (Niagara) Inc. of St Catharines, Ont. won for The Riverside, Courtland Valley Estates in the single-detached between 1,500 and 2,200 sq. ft. category. » Albi Homes also won for The Carrara in Artesia at Heritage Pointe in the single-detached category for more than 2,200 sq. ft. » Rinaldi Homes also won the New Home Award for single-attached homes for Unit #2 Old Mill Lane – Old Mill Lane.

New Home Awards – Custom

» Maric Homes Ltd. of Winnipeg won for the best single-detached home under 2,500 sq. ft. » Northern Sky Developments Inc. of Martensville, Sask. won for the category of 2,500 to 4,000 sq. ft. » Coastal Construction of Sidney, BC won in the single-detached, over 4,000 sq. ft. category.

Marketing Excellence Award

New Home Awards – Multi-Family

Brookfield Homes (Ontario) Ltd. of Markham won the Marketing Excellence Award for its

Adera Development Corp. of Vancouver won in the multi-family project category for “seven35.”

40 NEW HOME GUIDE | MAR 29 - APR 26, 2013

Get even more of what you want in your new home with Lifestyle Solutions In every Cedarglen Home you receive:

LIFESTYLE PLUS + two options Knockdown ceilings Granite countertops Hardwood flooring 8’1” basement wall height Triple-glazed, argon-filled windows

Move-up homes starting in the $420's showhomes cranston 403.257.5801

auburn bay 403.252.9040 new brighton 403.257.2162

1 2 3

CULINARY: $2000 cabinet allowance, trinsic chrome kitchen faucet, anthracite undermount sink, $500 upgraded tile backsplash allowance

OASIS: banjo vanity top to main bath, full-height tiled shower with fibreglass base to ensuite, full-height tile to main bath tub/shower, $1000 cabinet allowance

OPEN AIR: up to 100 sq. ft. barefoot wood deck, aluminum railing with pickets, 3/4” underground sprinkler rough-in, gasline to BBQ

403.255.2000 cedarglenhomes.com This is a marketing document and subject to change without notification. In case of conflict between this document and a contract, the contract will prevail. Lifestyle Solutions not available in Panorama Hills, Riverstone of Cranston, or The District in New Brighton. 03/2013. E&OE.

inthenews

CANADIAN HOME BUILDERS’ ASSOCIATION

honours leadership, accomplishment Karen Kinsley, right, President of Canada Mortgage and Housing Corp., accepts the Maple Leaf Award as the outstanding non-builder member for 2012, from CHBA President Ron Olson.

THE CANADIAN HOME BUILDERS’ ASSOCIATION

(CHBA) recently honoured leadership and accomplishment among its membership with the presentation of awards at the 70th CHBA National Conference. The Beaver Award, presented to the outstanding builder member of the year, went to Rick Gratton of the CHBA-Calgary Region. Karen Kinsley, President of Canada Mortgage and Housing Corp. (CMHC) won the Maple Leaf Award as the outstanding non-builder member for 2012. Jane Morgan of the CHBA-Newfoundland & Labrador won the prestigious Gordon S. Shipp Award in recognition of leadership, dedication, and continuous lengthy service to the CHBA at the national level. The Colonel Boss Trophy, presented to the home builders’ association making the greatest progress and achievement compared to the previous year, went to the Regina and Region HBA. The Community Service Award for the betterment of the way of life of people in its community went to the CHBA of Central Nova. The Harry J. Long Memorial Trophy for the highest increase in membership was awarded to the Building Industry and Land Development Association (BILD) of Toronto. The Dave Bell Memorial Award for the promotion of education and training programs for members and consumers went to the CHBA-British Columbia. The Canadian Renovators’ Council Award for a significant contribution to the renovation industry and 42 NEW HOME GUIDE | MAR 29 - APR 26, 2013

leadership within the Association went to Juanita Carhart of the CHBA-Sussex, New Brunswick. The William M. McCance Award for outstanding contribution to the home building industry in the technical area went to Thomas Cochren of the HamiltonHalton HBA. The R-2000 Builder of the Year Award, recognizing outstanding leadership in the construction of R-2000 homes, was presented to Steven Crowell of the Annapolis Valley HBA. The Riley Brethour Award, recognizing contributions at the national level in marketing and sales was presented to Jack Baillie of the Waterloo Region HBA. Executive Oﬃcers’ Council Awards The Dave Stupart Award of Honour for the Executive Officer of the Year (full-time) went to Stu Niebergall of the Regina & Region HBA. The award for the Executive Officer of the Year (part-time) went to Jan Field of the CHBA-Fraser Valley. The Ken McKinlay Award for excellence in communication for associations of more than 100 members went to Victoria Belbin of the CHBA-Newfoundland & Labrador. The award for associations with fewer than 100 members went to Stacy Cooper of the Guelph & District HBA. The Susan Chambers Award of Recognition for the initiation and development of non-dues sources of revenue was presented to Donna Moore of the CHBACalgary Region.

inthenews

Homes by Avi wins Consumer Choice Award

for fourth year in a row

Left to right: Victor Mutambo, General Manager – Avi Urban; Monte Kendall, CEO Homes by Avi; Doug Beach, General Manager

Homes by Av i has been na med t he 2013

Consumer Choice Award winner in the category of home builder for the fourth year in a row. “I am so proud to be part of such an exceptional team,” says Alice Mateyko, president of Homes by Avi, Alberta’s singlefamily division. “The loyalty of our customers is a testament to the dedication of our staff and the quality of our products.” Each year, Consumer Choice Award conducts independent market research to determine the best service providers in a range of categories. The purpose is to recognize excellence among small to medium businesses in specific market areas. Homes by Avi was presented with the 2013 Consumer Choice Award last night during a celebration at Calgary’s BMO Centre Stampede Park.

44 New home Guide | mar 29 - apr 26, 2013

SAY HELLO TO

LEIGHTON

mar 29 - apr 26, 2013 | New home Guide 45

inthenews

BROOKFIELD HOMES

unveils the Leighton model The Leighton also offers homebuyers an upper floor option where the field Homes is showcasing its model in standard bonus room can be converted to a larger master ensuite and the coveted community of Auburn Bay upper floor laundry area. Brookfield’s single-family division re“The overall design concept was to build a home that would grow cently held the grand opening of a new with the family and that’s what’s so exciting about this model. It offers showhome, the Leighton model, in its all of the functionality you need, with three bedrooms, two and a half Auburn Bay community. bathrooms and two entertainment spaces – a flex room and bonus What makes this 1,523-sq.-ft. model room,” Moon adds. one of Brookfield’s most popular sellers In addition to a clean, modern layout, the Leighton is nestled inside is its functionality. In fact, despite one of Calgary’s most sought after lake communities, Auburn Bay, not having a showhome previously for which offers cottage country lifestyle with all the conveniences of city customers to experience, the Leighton living. It even features a 43-acre freshwater lake with a private beach model has a proven sales record and is and park. one of Brookfield Home’s most popular “As soon as you enter Auburn Bay, you feel at home,” says Mary new floor plans. Merhi, area sales manager for Brookfield Homes, Auburn Bay Single “The Leighton model is by no means Family. “It offers community residents a sense of place and is the perfect an off-the-shelf concept, but rather a well setting for a family to create new, lasting memories.” thought out, functional design project that The Leighton model is part of an existing showhome for Brookfield maximizes space, while maintaining af- Homes parade, featuring the Belvedere II, Grandin and Richmond fordability,” says Ryan Moon, sales and models, which opened in March 2012. Pricing for the Leighton model marketing manager with Brookfield starts at $320,000. Homes. AWARD-WINNING BUILDER BROOK-

46 NEW HOME GUIDE | MAR 29 - APR 26, 2013

HMGY_866_NewHomeGuide_FullPageAd,March15_Final.indd 2

13-03-13 3:29 PM

Riversong Map

RIDGE GATE

2 AY HW

HIG RIVER HEIGHTS DR

SHOWHOMES CHBA - Calgary Region

Skyview Ranch Map Celebrating 2011 25 Years

FUTURE STONEY TR

AIRPORT TR

BROWN TR

DE ER FO OT TR AIL

COUNTRY HILLS BL VD

52 STREET NE

FUTURE METIS TR

FUTURE 128 AVE NE

COCHRANE

Downtown

Riversong River Hts Dr

PANORAMA ROAD

68 STREET

TR AI L T OO

DE ER F

TRA IL

GAN NAP I

80 AVENUE

32 AVENUE

14 STREET

64 AVENUE

MCKNIGHT BLVD.

68 STREET

CENTRE STREET

64 AVE.

FALCON RIDGE

SHA

CALGARY INTERNATIONAL AIRPORT NOSE HILL PARK

COUNTRY HILLS BLVD.

4 52 STREET

HARVEST HILLS

METIS TRAIL

STONEY TRAIL

36 STREET

MONS VALLEY ROAD

›› NORTHEASTCOMMUNITIES

16 AVENUE

NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.

01 SADDLESTONE

SHOWHOMES: Saddlelake Place NE DEVELOPER: Genesis Land Development Corp. BUILDERS: Genesis Builders Group www.genesisbuildersgroup.com

02 SADDLEBROOK

DEVELOPER: MLC Land Company BUILDERS: Elite Homes, Pacesetter Homes, Trico Homes

03 SKYVIEW RANCH

SHOWHOMES: Skyview ranch Way NE & Skyview Springs Gdn NE DEVELOPER: Walton Development and Management BUILDERS: Creations by Shane Homes, Innovations by Jayman, Beattie Homes, Morrison Homes, Excel Homes, Shane Homes, Pacesetter Homes, Lionsworthe Homes

04 REDSTONE

DEVELOPER: Qualico Communities BUILDERS: Broadview Homes, NuVista Homes, Pacesetter Homes, Innovations by Jayman, Trico Homes

MAR 29 - APR 26, 2013 | NEW HOME GUIDE 49

inthenews

42 ELEMENTARY SCHOOLS ACROSS ALBERTA SCORE IMPROVEMENT IN

Fraser Institute school rankings ACROSS ALBERTA, 42 ELEMENTARY SCHOOLS

showed significant improvement in their academic performance over the past five years, according to the Fraser Institute’s annual school rankings. Among these improving elementary schools are public, private, separate, francophone, and charter schools. “This is why the Fraser Institute school report card is the go-to source for measuring academic improvement: it highlights school success stories from Grand Prairie in the west to Fort McMurray in the east and from La Crete in the north to Cardston in the south,” says Peter Cowley, Fraser Institute director of school performance studies. “Our report shows that all schools are capable of improvement, regardless of the personal or family challenges their students might face. If educators want to help students learn and improve, they should be talking to these schools.” The Report Card on Alberta’s Elementary Schools 2013 rates 659 public, private, separate, charter, and francophone elementary schools based on nine academic indicators using data from the annual Provincial Achievement Tests (PATs) administered by Alberta Education. “By pinpointing the subject areas in which individual schools are improving or declining and how their academic performance compares to that of other Alberta schools over the past five years, our report helps parents and educators prioritize learning challenges in their schools,” Cowley says. The report card also includes important information about each school’s make-up, including parents’ average income, the percentage of ESL students and the percentage of special needs students. The complete results for all 659 elementary schools are available at compareschoolrankings.org, where visitors 50 NEW HOME GUIDE | MAR 29 - APR 26, 2013

can compare individual schools with others based on their results over the last five years. Of the 20 Alberta elementary schools showing the fastest academic improvement over the past five years, 13 are public schools where the parental income is below average. At seven of those schools, ESL students account for more than 40 per cent of school enrolment. The complete list follows. “We all want the best possible education for our children. To achieve this, every Alberta school should make improvement Job One,” Cowley says. Top 20 Fastest-Improving Alberta Elementary Schools » Bannerman (Public), Edmonton » Pollard Meadows (Public), Edmonton » St. Augustine (Separate), Ponoka » Thickwood Heights (Public), Fort McMurray » Westglen (Public), Edmonton » Annie Foote (Public), Calgary » Langevin (Public), Calgary » Virginia Park (Public), Edmonton » Grandview Heights (Public), Edmonton » Two Hills Mennonite (Public), Edmonton » Erin Woods (Public), Calgary » High Prairie (Public), High Prairie » St. Clare (Separate), Calgary » St. Lucy (Separate), Edmonton » Derek Taylor (Public), Grande Prairie » Blueberry (Public), Stony Plain » McLeod (Public), Edmonton » Meyokumin (Public), Edmonton » Hill Crest (Public), La Crete » Millwoods Christian (Public), Edmonton

FAMILY First See why your family should grow up in Okotoks • Big Lots, Big Value • Triple Garage Homes • Get Outside, Together • Family + Community • High Quality Exteriors

Wide open spaces for children to play both inside and outside. Easily and affordably built here. Features a park, sports field and extensive nature trail perfect for family walks. Minutes from local schools and convenient shopping. Stucco and James Hardie® Fiber Cement Siding.

Visit ranchersrise.com for directions and tour our showhomes today. SHOWHOME PARADE ON RANCHERS CRESCENT Monday – Thursday: 2-8 PM • Weekends & Holidays: 12-5 PM

Triple Garage Homes from the mid $500s

NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.

OKOTOKS AIR RANCH

YSTAL SH OR ES RD.

BANN

ISTER CR GATE

ID GE D

SANDSTONE DR. MOUNTAINVIEW GATE

338 AVE. E.

NO RT HR

1 7

OKOTOKS

549

CRYSTAL RIDGE GOLF CLUB

MILLIGAN DR.

3 32 ST. E.

WEST

370 AVE. E.

SHOWHOMES: Ranchers Crescent DEVELOPER: Bordeaux Developments BUILDERS: Baywest Homes, Sterling Homes, Wolverine Custom Homes

02 CIMARRON

DEVELOPER: Tristar Communities BUILDERS: Excel Homes, Trico Homes, Cedarglen Homes, Coco Homes, Today’s Homes, California Homes, Assured Homes, Lask Homes

03 DRAKE LANDING

SHOWHOMES: Drake Landing Way, Drake Landing Crescent DEVELOPER: United Communities BUILDERS: Lifestyle Homes, Morrison Homes, Shane Homes, Sterling Homes, Creations by Shane Homes, Prominent Homes

RO N TR A I L

32 ST. E.

WESTLAND ST.

01 OKOTOKS AIR RANCH & RANCHERS’ RISE

CIMA

O RR

6 4

SOUTHRIDGE DR.

WESTLAND ST.

D R.

CIMARRON BLV D.

DG E

CIM

›› OKOTOKSCOMMUNITIES

LVD.

04 WESTMOUNT

SHOWHOMES: Westland Street DEVELOPER: Prominence Development Corp. BUILDERS: Jager Homes, Reid Built Homes, Sterling Homes, WestView Builders

05 EAGLE CREST

SHOWHOMES: Directly behind Westmount DEVELOPER: Prominence Development Corp. BUILDERS: Carpenter Homes

07 CRYSTAL RIDGE

SHOWHOMES: Crystal Green Dr. DEVELOPER: United Communities BUILDERS: Sterling Homes, Baywest, Crossley Homes

08 MOUNTAINVIEW

(NOW OPEN) AT SANDSTONE DR. & MOUNT BURNS GREEN Apex Developments BUILDERS: Excel Homes, Sterling Homes www.mountainviewokotoks.com

06 THE HILL IN WESTRIDGE SHOWHOMES: Westridge Road DEVELOPER: Qualico BUILDERS: Sterling Homes

MAR 29 - APR 26, 2013 | NEW HOME GUIDE 53

inthenews

APEX’s MountainView

offers picturesque natural setting by Heather Ryan

Nestled along an escarpment with picturesque river and

mountain views, MountainView in Okotoks presents a beautiful natural setting for new-home buyers to come home to. MountainView is being developed by APEX Developments on 130 acres of land located on the west side of Okotoks within minutes of downtown. Comprised entirely of single-family homes, the community will be home to approximately 400 residences when complete. “MountainView is quickly becoming the sought after address in Okotoks, sales have been excellent in our first phase and we are looking forward to releasing our second phase this spring,” says Susan Henderson, senior development manager at APEX. A major attraction to MountainView is close to 50 per cent of the land is provided as greenspace – a mix of environmental reserve, active public space and passive recreational park space, pedestrian pathways and public reserve space. The community boasts more than 35 acres of environmental reserve, which includes a lively creek, a naturalized wet pond and mature trees. “The whole community is being developed on an impressive plateau with green space that includes natural tree stands and prairie scape, and it overlooks the lower wetlands with a creek meandering through the area,” Henderson says. The escarpment also provides breathtaking views of the Sheep River and the Rockies. Excel Homes and Sterling Homes are currently selling move-up and estate homes with front-attached garages starting in the $420,000s including lot and 54 New home Guide | mar 29 - apr 26, 2013

GST. T he builders have two showhomes each on parade located in Phase 1. Lots in Phase 1 range from 36 ft. to more than 46 ft. wide with a great mix to choose from. “Buyers love the larger lots and the fact that they can get more for their money in Okotoks,” Henderson says. Architectural styles in the community include Mountain Alpine, Tudor, Arts and Crafts, Prairie and Craftsman, which reflects the picturesque natural setting, establishes a sense of identity and continuity throughout the community and ensures its lasting value. MountainView provides a great location adjacent to the D’Arcy Golf Course, and it’s a short walk to Okotoks’ historical downtown that features a charming mix of boutiques and shops, and a short drive to a vast array of shops including big box retailers, services, grocery stores, restaurants and many other amenities. Residents are also only a 15minute drive to south Calgary with easy access to Hwy. 2 for a quick commute, and the foothills and Rocky Mountains are close by. “MountainView is a very attractive community and buyers love the tranquil setting being surrounded by green space and tucked away from the busy areas, yet they have access to everything they need; it’s really an ideal location,” Henderson says. Fo r m o r e inf o r m at i o n o n M o u n t a i nV i e w, c h e c k o u t mountainviewokotoks.com or visit the showhomes, open Monday to Thursday, 2 to 8 p.m., and weekends and holidays, noon to 5 p.m.

IDG

SANDSTONE DRIVE

ELIZA

QE2

N OR T

MOUNTAINVIEW GATE

BETH

OKOTOKS

ST.

inthenews

CibC mortgage Poll: CANADIANS THINK THe TIMe IS rIgHT TO LOCK INTO A FIXeD MOrTgAge A NE W CIBC POL L CONDUC T ED BY » 26 per cent of Canadians said they would Harris/Decima reveals Canadians are leaning towards choose a variable rate mortgage fi xed-rate mortgages this Spring, marking the third con- » Another 25 per cent said they were unsecutive year Canadians have chosen fi xed over variable. certain which mortgage would be right The poll also reveals a change in Canadians’ expectations for them, an increase over the 16 per for interest rates, with more Canadians now believing cent who were undecided in 2012 today’s low rates will remain in place for at least the next 12 months. “Deciding between a fi xed or variable rate mortgage is one of the most important Highlights of the poll include: decisions in finding a mortgage that is right » 46 per cent of Canadians believe today’s low rates will for you,” says Colette Delaney, executive remain unchanged over the next year, a notable increase vice-president of mortgage, lending, insurfrom the same poll two years ago when only 24 per cent ance and deposit products, CIBC. of Canadians believed interest rates would remain Delaney notes that balancing debt, low savings and other financial goals is impor» 45 per cent of Canadians said they would choose a fi xed tant to achieving what matters to you in rate mortgage if they had to decide today; fi xed rate the long term. A predictable mortgage mortgages were most popular among 25 to 34 year olds, payment at today’s low interest rates can with 54 cent stating they would select a fi xed rate mort- help you to pay down your mortgage faster gage, likely due to the predictability a fi xed rate offers and minimize interest costs, which can to first-time homebuyers keep your broader financial goals on track. C O N T I N U e D O N PA g e 5 8 . . . 56 New home Guide | mar 29 - apr 26, 2013

STOP KISSING FROGS It’s time to meet your proverbial prince… At long last, you’ve found what you’ve been seeking: a quality community where it’s possible to buy a brand new home AND enjoy the schools, parks, shops and recreational amenities of an established neighbourhood. The final two phases are now selling, so you still have time (if you hurry!) to build a new home and become part of Okotoks’ newest “old” community as well known for its conservation commitments as its family-friendly amenities. visitdrakelanding.com for directions and tour a showhome today.

HOMES FROM THE $300s AND THE $500s LIFESTYLE HOMES | PROMINENT HOMES | SHANE HOMES | STERLING HOMES

DRAKE LANDING | FOREST CROWNE | NOLAN HILL THE RANCH | SAGE HILL | SILVERADO

WWW.UNITEDCOMMUNITIES.COM 57

askanexpert

Q&A

ASK AN EXPERT: by HEATHER RYAN

Homebuyers like communities they can grow in Q: What are people looking for when selecting a new community and choosing a lot? A: When selecting a community, what’s important to most buyers is finding an area where they can grow, says Jeff Luif, area manager with Shane Homes in Nolan Hill. “They like the idea of being able to buy their first home and three or four years later buy their next home in the same community.” Accessibility is another key factor. “People want to have easy routes in and out of the community, whether it’s for work or pleasure, and they want easy access to shopping. People don’t necessarily want to live beside a commercial centre, but they want it within walking or biking distance or a short drive away,” Luif says. He notes for people with young children or those planning to start a family, having close proximity to tot lots, parks and schools are a priority. Young couples or singles, especially if they work downtown, often want to be close to transit and they are also interested in finding out where the closest shopping and coffee shops are. Those with an active lifestyle seek out communities that have recreation centres, walking paths or club houses where they can enjoy an array of recreational activities and if they have pets,

they’re more than likely looking for green space and pathway systems. Meanwhile, empty nesters, Luif says, are often the first to visit new communities, “because they are often looking for bungalows and larger lots that can accommodate them. If those are available in the community they’re usually scooped up pretty quickly.” When it comes to lot selections, he says, it depends on the lifestyle of the purchaser. “Usually the lots that sell first are the larger pie-shaped lots because families want a large backyard for the kids and ideally they’d back onto green space. Lots that have south-facing and west-facing backyards are also popular with buyers.” People who own recreational vehicles or boats want lots that have back alleys so they can park them on their property; while lots along bus routes are attractive to those taking transit. “The first questions many people ask when they come into the showhome are not about the homes, they want to know what lots are available and what amenities we have and what’s coming within the community and area,” Luif says.

continu e s f r om pa g e 5 6 . .

“Your mortgage should fit your life, you shouldn’t have to re-arrange your life for your mortgage, and that’s where an advisor can help you determine the mortgage terms and payment that fit with your financial goals.” While fixed mortgages were popular in the poll, this year’s results also saw an increase in Canadians uncertain as to whether a fixed or variable rate mortgage would be right for them, highlighting the importance of getting advice about which option is the best fit with your finances. When will rates rise? Canadians see rates remaining low

Forty-six per cent of Canadians believe today’s low rates will remain unchanged over the next 12 months. This is a change from past poll results, where Canadians were more likely to believe that these historically low mortgage rates would be increasing in the short term. This trend suggests Canadians could face challenges in the future if they don’t consider rate changes as part of their long term mortgage strategy. “Our poll suggests that some Canadians are growing accustomed to the low rates we are experiencing, however it’s important to take a long term view when deciding which mortgage is right for you,” says Delaney. “You need to plan ahead for your next mortgage term and consider 58 New home Guide | mar 29 - apr 26, 2013

the impact to your budget if you renew at higher rates a few years down the road.” Low rates an opportunity to accelerate debt repayment

In a poll released by CIBC in January 2013, Canadians identified paying down debt as their number one financial priority for 2013 for the third year in a row. Delaney notes that low mortgage rates can help Canadians to accelerate their debt repayment. “With debt repayment a top priority for Canadians again in 2013, there is an opportunity to take advantage of today’s low mortgage rates to reduce your mortgage principal faster.” To further accelerate debt repayment, one strategy offered by CIBC is to set your mortgage payment at the amount it would be if rates were one to two per cent higher. Not only does this help to reduce the principal amount owing, but it also prepares Canadians for future rate increases. “Your mortgage is one component of your overall financial plan, which means you can’t choose a mortgage purely on rate” adds Delaney. “A number of factors, including amortization, the flexibility to make extra payments, and whether or not you have other debt should all be considered when choosing the mortgage that’s right for you.”

OLD

7 8

BAN

CENTRE STR

14 STREET

AIL

›› SOUTHWESTCOMMUNITIES COACH ROAD

04 WESTPARK

SHOWHOMES: 80 Westpark Court SW DEVELOPER: Dundee Developments BUILDER: Homes by Avi, Lifestyle Homes, Greenboro Homes, Prominent Homes

16 AVENUE

05 SPRING VALLEY ESTATES

4 ORI

SHOWHOMES: 53 Crestridge View SW DEVELOPER: Qualico BUILDERS: Augusta Fine Homes, Jaymack Custom Homes

07 PASKAPOO IN COUGAR RIDGE

BLACK FOOT TRAIL

ELBOW DRIVE

DEVELOPER: Apex Developments BUILDERS: Excel Homes and Shane Homes www.paskapooatcougarridge.com

08 COULEE WAY ESTATES

DEVELOPER: Coulee Way Developments BUILDER: Christal Homes www.couleewayestates.com

MACLEOAD TRAIL

GLENMORE RESERVOIR

NOTE: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.

SOUTHLAND DRIVE

09 CASTLE KEEP

DEVELOPER: Dundee Developments BUILDERS: Homes by Avi, Morrison Homes, Shane Homes, Calbridge Homes, Greenboro Homes

10 ELMONT BAY BOTTOM TR

24 STREET

ANDERSON ROAD

FISH CREEK PARK JAMES

SHAWNESSY BLVD.

SHERIFF KING STREET

TRA

S PRUCE MEADOWS HWAY

CLE

01 EVERGREEN

11 SEQUOIA IN SILVERADO

12 DRESSAGE IN SILVERADO

37 STRE

162 AVENUE

11 3 12

BUILDERS: Westview Builders, Winwood Homes Showhomes Coming Soon www.elmontbay.com

DEVELOPER: Qualico Communities SHOWHOMES: Silverado Plains Circle BUILDERS: Broadview Homes, NuVista Homes, Sterling Homes

MCKEVITT

FISH CREEK BLVD

SHOWHOMES: 16 Spring Valley Land SW BUILDERS: Tudor, Legend Developments, Elegant

06 CRESTMONT

17 AVENUE

37 STREET

17 AVENUE

SARCEE TRAIL

MEM

69 STREET

14 AVENUE SW

85 STREET

BOW TRAIL

SHOWHOMES: Everbrook Dr. SW DEVELOPER: Genstar BUILDERS: California Homes

02 CURRIE BARRACKS

SHOWHOMES: J5 2953 Battleford Ave. BUILDERS: Birchwood Properties, Crystal Creek Homes, Home by Avi, Empire Custom Homes, Mission Homes, Greenboro Estate Homes, Greenboro Luxury Homes, Evolution by Greenboro, and Avi Urban

DEVELOPER: Qualico Communities SHOWHOMES: Showhomes Coming soon BUILDERS: Baywest Homes, Augusta Homes

13 WESTLAND ESTATES

BUILDERS: Baywest Homes, WestView Builders www.westlandestates.ca

14 WENTWORTH ESTATES BUILDERS: Prominent Homes

15 WEST GROVE ESTATES

BUILDERS: Prominent Homes, Crystal Creek Homes, Lupi Luxury Homes

16 ASPENSHIRE

BUILDERS: Prominent Homes

03 SILVERADO

SHOWHOMES: Silverado Drv. SW, Silverado Skies SW, Silverado Blvd. SW DEVELOPER: United Communities BUILDERS: Baywest Homes, Homes by Avi, Lifestyle Homes, Sterling Homes, Pacesetter Homes, Trico Homes, Creations by Shane Homes, Avi Concept, Shane Homes

MAR 29 - APR 26, 2013 | NEW HOME GUIDE 59

insight

Spring is here

BOOK YOUR LANDSCAPE CONSULTATION by BRAD JACKMAN WITH THE SUN SHINING AND TREES AND

plants blooming to life, Landscaping may be at the forefront your mind. Landscape 360 would like to highlight a few ideas homeowners can contemplate before they begin the process. Hiring a landscape contractor should be exciting and satisfying. However, this can be a very discouraging time for some homeowners, unsure of where to begin, what you want it to look like and who to talk too. Here are a few tips to guide you through a satisfying landscape construction experience. Have a plan: You can never call a company too early to plan for the following 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 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 fi nancial 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. Nevertheless, 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. Landscape 360. Professional Landscape Construction.

60 NEW HOME GUIDE | MAR 29 - APR 26, 2013

Hire a professional: Many homeowners under- sionally. Ask to speak with former clients who have estimate the work associated with landscaping, or had similar projects to the one you’re considering. the knowledge required to produce a quality Your options include; patios, lighting, decks, outdoor living space. Weekend warriors may be in walkways, garden beds, trees, plants and fences to for a surprise! It is important to hire someone who irrigation, drainage solutions, boulders, retaining has extensive experience in the industry, and is a walls, water features, decorative concrete, outdoor full service landscape company. Find a landscape cooking and fire pits. Clearly, there are many choices company that will complete the task from start to and it pays to explore all your options carefully. fi nish and handle any subcontracting required. A stylish functional yard can create a vibrant Know your options: When deciding which land- feel to your home. Be the envy of the block and scape company to hire, it’s beneficial to do your provide a sanctuary for your family, friends and research. Ask to see their portfolio, view their pets. Landscaping improves your quality of life, website, and look into some of the products yourself. increases the value of your home and adds a little Most importantly ask lots of questions. Landscape personal flare to your home’s exterior. Landscape construction can be done very different. Hire a 360 is a full-service landscape construction company who use quality equipment, utilize the company. Our philosophy is based upon profesbest products available and have it installed profes- sionalism, quality, trust and respect. 403.452.0360 | landscape360.ca |

like us on facebook MAR 29 - APR 26, 2013 | NEW HOME GUIDE 61

›› calgaryregioneast CHESTERMERE chestermere

Note: Map is just a graphic representation of areas of developments. See ad of a particular project for more details.

CALGARY

CHESTERMERE 797

22X

shores on westmere kinniburgh

DEVELOPER: Pollyco Developments BUILDERS: Stepper Custom Homes, Canterra custom homes, Sterling Homes, Lifestyle Homes, Douglas Homes, Westridge Homes, Broadview Homes

22X HERITAGE POINTE

04 buffalo hills (coming soon)

UILDERS: Prominent Homes B Douglas Homes, Klair Custom Homes Prominent Homes, Mapeland Homes

BLACK DIAMOND

LAKEPOINTe

OKOTOKS

1 AV. N

RAILWAY AV.

1 AV. S

ULM ST.

McCANN ST.

CENTRE ST.

2 AV. S

2 HANSON DR.

02 Hanson Park

Developer: Hanson Park Developments Builders: Canaco Homes Ltd, Ovation Homes Ltd, Stepper Custom Homes Ltd, Douglas Homes

strathmore the ranch in strathmore

SHOWHOMES: 116-120 Ranch Gate DEVELOPER: United BUILDERS: Lifestyle Homes

Wildflower ranch in strathmore

DEVELOPER: Cancorp Property Group Inc. BUILDERS: Carpenter Homes, Paradyme Homes, Aquilla Homes and Canterra Custom Homes

RAILWAY CR. RAILWAY AV.

HANSON HOLLOW

DOUGLAS AV. CRILLY CL.

2 AV. N

HANSON WAY

LAGDON ODDFELLOW HALL

3 ST. E

NEWTON ST.

2 AV. N

WENSTROM CR.

LANGDON PARK

WHITNEY ST.

COPELAND AV.

DEVELOPER: Harmony Park BUILDERS: Shane Homes, Stepper Custom Homes, Carpenter Homes

WELSHIMER CR.

RAILWAY AV.

MAIN STREET LAGDON VANDERVELDE PL.

COPELAND AV.

ANDERSON AV. WILSON RD.

BOTSFORD ST.

BARBER ST.

THOMAS ST.

LANGDON SCHOOL

HENDERSON RD.

HENDERSON CL.

HENDERSON BY.

LLOYD CR.

CENTRE ST.

BRANDER AV.

COWAN ST.

TRAIL

NESBITT AV.

MCDOUGALL ST.

BESSE AV.

1AV.

01 boulder creek

GLENMORE NESBITT CL.

MOE AV.

McKINNON ST.

langdon

797

HIGH TRAIL RIVER

COLWELL ST.

560

Developer: Mattamy Homes Builder: Mattamy Homes Sales centre 400 Westpark Dr.

WILSON RD.

RGE RD 27

543

ARBOGAST ST.

VALLEY

DEVELOPER: Melcor BUILDERS: Landmark Homes, Lifestyle Homes, Reid Built Homes DEVELOPER: Melcor BUILDERS: Homes by Avi, Albi Homes

LANGDON

IDDIS

westmere

STRATHMORE

SHOWHOMES: 80 Westpark Crt., Rainbow Falls Manor DEVELOPER: Truman Developments BUILDER: Shane Homes, Jager Homes, Lifestyle Homes, Beattie Homes, Lionsworthe Homes, Douglas Homes

lyalta 03 the lakes of muirfield

SHOWHOMES: Muirfield Blvd. BUILDERS: Douglas Homes, Today’s Homes, Ribero Homes and Compass Rose Homes

62 New home Guide | mar 29 - apr 26, 2013

homebuyersâ&#x20AC;&#x2122;help

HomeBuyersâ&#x20AC;&#x2122; Resource Section You love the home, see what you can afford!

Compare mortgage rates for your best deal

Calculate your mortgage payments using the mortgage payment calculation chart

homebuyers’help

cALcuLAte YouR mortGaGe Payments CALCULATE YOUR MORTGAGE PAYMENTS MONTHLY PRE-TAX Income

dIvIde By 3

cHart fIGure

amortIZatIon amount

SPOUSE’S PRE-TAX Income

affordaBle montHly Payments

amount of mortGaGe dIvIded By 1,000

estImated montHly TAXES & HEAT

TOTAL PRE-TAX Income

amount of mortGaGe (PRICE – DOWN PAYMENT)

amortIZatIon amount

montHly Payments

MORTGAGE PAYMENT CALCULATION CHART Interest rates %

AMoRtiZAtion PeRioDs 5 yrs

10 yrs

15 yrs

20 yrs

25 yrs

5.00%

18.84

10.58

7.88

6.57

5.81

5.25%

18.96

10.70

8.00

6.70

5.95

5.50%

19.07

10.82

8.13

6.84

6.10

5.75%

19.18

10.94

8.26

6.98

6.25

6.00%

19.29

11.06

8.39

7.12

6.39

6.25%

19.41

11.18

8.53

7.26

6.54

6.50%

19.52

11.31

8.66

7.40

6.69

6.75%

19.63

11.43

8.79

7.54

6.85

7.00%

19.75

11.55

8.93

7.69

7.00

7.25%

19.86

11.68

9.06

7.83

7.15

7.50%

19.98

11.81

9.20

7.98

7.31

7.75%

20.09

11.93

9.34

8.13

7.47

8.00%

20.21

12.06

9.48

8.28

7.63

8.25%

20.32

12.19

9.62

8.43

7.79

follow tHese stePs to see If you’ll QualIfy for a mortGaGe on YouR DReAM HoMe

Calculate the combined monthly before-tax income of you and your spouse.

Multiply this figure by the amount you need to borrow. Divide by

1,000.

Divide by three. This figure is the monthly payment you can afford to make on your home.

Add to this your estimated monthly heating costs and monthly property taxes.

Take the total price of the home and subtract the amount of money you expect to make as a down payment. This is the money you will have to borrow.

Refer to the chart on the opposite page. Look down the left column and locate the interest rate you expect to pay. Line this up with the amortization period of your choice. (Most first-time buyers take the 25-year amortization.)

64 NEW HOME GUIDE | MAR 29 - APR 26, 2013

If this figure is equal to or less than one-third of your gross monthly income (calculated in Step 2), you’ll qualify for a mortgage on your dream home. Bear in mind that this is a rough estimate. If you have several other large loans already, you may qualify for less. Also, banks and trust companies vary in their policies. The best way to know what you can afford is to go to the lending institution of your choice and get pre-qualified.

MoRtGAGe Interest rates VARiABLe

6 month

1 year

2 years

3 years

4 years

5 years

4.650

3.040

3.200

3.240

3.340

3.490

atB financial

2.600

4.000

3.100

3.140

3.700

4.390

3.140

Bank of montreal

3.100

4.000

3.000

3.040

3.650

4.640

5.240

Bank of nova scotia

3.100

4.550

3.750

3.890

3.990

4.390

4.990

Bmo

3.100

4.000

3.000

3.040

3.650

4.640

5.240

cIBc mortgages

3.200

4.450

3.000

3.140

3.650

4.390

5.240

canadian western Bank

3.200

4.000

3.000

3.040

3.650

4.640

5.240

canadian western trust

3.200

4.000

3.000

3.040

3.650

4.640

5.240

INSURED OR HIGH-RATIO: A buyer can borrow up to 95% of the purchase price or the value of the property, whichever is less. The down payment can be as low as 5%.

first calgary financial

4.000

2.390

3.140

2.990

3.290

MORTGAGE OPTIONS

first national financial

2.800

3.950

2.740

2.690

2.790

2.990

3.040

HsBc Bank canada

3.100

4.450

3.600

3.950

4.450

4.990

5.240

InG direct

3.000

2.790

3.250

3.080

Investors Group trust

3.000

4.000

3.000

3.140

3.650

4.640

5.240

laurentian Bank canada

3.200

4.400

3.090

3.140

3.700

4.640

5.240

london life

3.000

4.000

3.000

3.140

3.700

4.640

5.240

manulife Bank

3.000

4.450

3.000

3.050

3.100

3.090

manulife trust

4.450

3.000

3.050

3.100

3.090

national Bank

3.200

4.000

3.100

3.140

3.700

4.640

5.240

4.500

3.100

3.350

3.600

3.850

3.950

President’s choice fin’l

3.200

6.040

3.140

3.200

3.240

3.350

3.440

royal Bank of canada

3.000

4.000

3.000

3.040

3.650

4.640

5.240

4.000

3.000

3.040

3.650

4.390

5.240

3.200

4.000

3.000

3.040

3.650

4.640

5.240

3.150

3.250

3.350

3.390

3.190

aGf trust

Peace Hills trust

servus credit union t-d mortgage your neighbourhood c.u.

MORTGAGE TYPES ALL MoRtGAGes ARe oF tWo BAsic tYPes: conVentionAL The buyer can borrow up to 80% of the purchase price or the value of the property, whichever is less. The buyer has to pay 20% down. A conventional mortgage cannot exceed 80% of the value of the property.

You can choose any of these mortgage options which fit into the two basic mortgage types. Lenders may even customize these options to suit your needs. oPen MoRtGAGe: Allows borrowers to repay all or part of the total amount of their mortgage at any time without penalty. Because of flexibility, this is ideal for borrowers who plan to sell their homes in the near future or who want to switch from a shortterm mortgage at high interest rates to a longer term when mortgage interest rates fall. cLoseD MoRtGAGe: Usually has the lowest interest rate available but lacks the flexible features of other mortgage options. A good choice for those who want the security of knowing their monthly payment is fixed for a longer term. Prepayment options are available but they are subject to conditions. PoRtABLe MoRtGAGe: Flexibility if borrowers move. Borrowers can take the mortgage to their new home or can transfer it (usually with the consent of the lender) to the purchaser of their old home. This is an attractive option if the rate on the existing mortgage is lower than current rates.

PRePAReD BY cAnneX on MARcH 4, 2013. this information is current as of the date and time posted and is subject to change without notice. © copyright 2013 CANNEX Financial Exchanges Limited. All rights reserved.

MAR 29 - APR 26, 2013 | NEW HOME GUIDE 65

mortgagemogul

HOMEBUYERS STILL HAVE OPTIONS WITH

the potential closing costs associated with purchasing a home. With the free down payment program, you are obligated to take either a five- or seven-year closed term at the posted (non-discounted) interest rate and the maximum amortization for a high ratio mortgage under this program is 25 years. For those of you looking to purchase a new home, and have a minimum of $2,000 saved, but donâ&#x20AC;&#x2122;t have access to the full five per cent minimum down payment requirement, you may want to consider the Calgary Attainable Home program. Under this program, you can purchase a by JASON ELDRIDGE home with $2,000 down, and still benefit from the lowest, discounted mortgage rates that are available. Because this is a high-ratio mortgage program, the maximum amortizaWITH THE RECENT CHANGES tion remains 25 years. imposed by the federal government which On the other hand, for those clients looking for the have impacted many of the mortgage product competitive interest rate and flexibility of a HELOC offerings available to Albertans, there are (Home Equity Line of Credit) either on a purchase or a still non-OFSI governed financial institu- refinance, you can still arrange the limit of this product tions that are giving Albertans more options up to 80 per cent of the purchase price or the value of the and flexibility. While most financial institu- property. This limit is available only for your principal tions had to comply with the new regulations, residence. Should you wish to have a HELOC for a revenue we still have alternative lenders that are property, the maximum limit is 65 per cent of the value not governed by the Office of the Superin- of the property. tendent of Financial Institutions. As always, I welcome any questions or comments you At this time, we still have access to a may have regarding the information contained in my arcash-back program that allows you to form ticles. the minimum down payment requirement Until next monthâ&#x20AC;Ś for your future purchase. As with all minimal down payment purchases, you are still JASON ELDRIDGE P.F.P, B.Admin Mortgage Specialist, required to confirm that you have accu- Axiom Mortgage Solutions (formerly Unisource Mortgage) mulated or are receiving a gift in the amount CELL 403.630.1718 FAX 866.708.5807 of 1.5 per cent of the purchase price for EMAIL jason@axiommortgage.ca WEB/APPLY ONLINE jason.axiommortgage.ca

minimal down payment for 2013

66 NEW HOME GUIDE | MAR 29 - APR 26, 2013

067-TD Canada Trust 03-29-13.indd 67

3/20/13 2:22:27 PM

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068-Prominent 03-29-13.indd 68

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