Calgary New Home Guide - Jan 27, 2017

JAN 27 - FEB 24, 2017 VOLUME 20, ISSUE 1, FREE

CALGARY EDITION

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INSIDE THIS ISSUE

3 GREAT REASONS TO BUY A NEW HOME

DREAM COMMUNITY TO RAISE A FAMILY – HAYSBORO

SECONDARY SUITES A NEW WAY OF LIFE

Spice Kitchen

Walk-through laundry from master bedroom

Expanded pantry Flex space Prayer room

Side entry

NOW SELLING Single Family Laned Homes in LEGACY

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contents JAN 27 - FEB 24, 2017 | VOLUME 20 ISSUE 1

10

ON THE COVER

Homes by Avi

Presenting... a fabulous line-up of homes in Walden

+ online NEIGHBOURHOOD

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

WITH

DYNAMIC MAPS

LOOK FOR THE CIRCLE

showhome review

neighbourhood profile

32

40 Haysboro

Shane Homes

Raising the bar with vibrant Ladera in Nolan Hill

Dream community to raise a family

property profile

trending

36

12

Genstar Developments

New Carrington community a jewel to treasure

Economy

Canadian economy expected to pick up in 2017

VICE-PRESIDENT & CHIEF PUBLISHING OFFICER

Caroline Andrews PUBLISHER & GENERAL MANAGER

Shawn Woodford DIRECTOR OF SALES, NATIONAL

Moe Lalani SENIOR MANAGER, CONTENT

Jennifer Reynolds ALBERTA SALES MANAGER

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32

Shelley Balla EDITOR

Wayne Karl ART DIRECTOR

Tammy Leung

CONTRIBUTING EDITORS

Sonia Bell, Elisa Krovblit, Lydia McNutt

SENIOR MEDIA CONSULTANT

Melanie Gowans 403.200.8462 Follow me on twitter @melgowans Like us on Facebook ypnexthome

PRODUCTION CO-ORDINATOR

Greg Van Sluytman

30 Financial Planning

Millennials clashing with goals of boomer parents

44 Mortgage Mogul Are you working with the right team?

by Jason Eldridge

34 Homebuying

Secondary suites the new normal of homebuying

48 Mattamy Homes

Mattamy welcomes 2,500th homeowner in Calgary

advice

14

18

Calgaryism

GRAPHIC DESIGNERS

Miguel Cea, Mike Terentiev PRODUCTION MANAGER

Helen Pearce

in every issue

FOR ADVERTISING INQUIRIES PLEASE CONTACT:

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FOR NATIONAL ADVERTISING INQUIRIES CALL:

Editor’s Note

403.200.8462 416.263.6783

42 What’s Online Published by

district maps

09 Southeast

3 great reasons to buy a new home in Calgary

17

Cochrane

Calgary’s New Home Guide is published 13 times per year. We are located at:

by Cody Battershill

21

Airdrie

2891 Sunridge Way NE Calgary, AB T1Y 7K7.

Phone: 587.226.1313

Insight

25 Okotoks

Craving summer already?

Time to plan ahead!

by Brad Jackman

22 Fundamentally Speaking

Stress-testing mortgages creates another issue

29

Northwest

39

Northeast

41

Southwest

45 Calgary

South Region

by Wayne Karl

43 Quick Tips

Making the most of a new year

by Hellen Buttigieg

47

Calgary North Region

50 Calgary

East Region

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Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication.

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Editor’s Note

Calgarians, this could be your year FINALLY, WE CAN SEE A LIGHT at the end of the tunnel.

WAYNE KARL Senior Editor Yellow Pages NextHome Email: Wayne.Karl@ypnexthome.ca Twitter: @WayneKarl

The prolonged slump in oil and gas has challenged the province’s economy and housing sector over the last couple of years, but things are finally looking up.

“A member survey showed home starts are expected to rise a modest 5.7 per cent in 2107,” Donna Moore, CEO of CHBA – Alberta, recently told New Home Guide. “That optimism likely reflects gains of almost 50 per cent in oil prices last year that are raising consumer comfort levels after a couple of tough years for the economy.”

By mid-2017, more manageable inventory levels and improving economic conditions should support a modest gain in single-detached starts, echoes Canada Mortgage and Housing Corp.

Need another reason to consider buying a new home in Alberta this year? How about the new carbon taxes? “(These) will no doubt have Albertans looking more closely at their utility bills and considering how to reduce costs,” says Moore. “Investing in an energy efficient home that saves you money and offers greater comfort will make more sense in 2017 than ever before.”

ONLINE

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Haysboro is a quiet residential neighbourhood in the southwest of Calgary. For people who are looking to raise a family, get a pet and live away from the hustle and bustle of downtown, Haysboro is a dream come true. Read the full story… ypnexthome.ca/haysboro

+ get social 6 YPNEXTHOME.CA

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FALL 2016 VOLUME 7, ISSUE 2, FREE

The only magazine of it’s kind in Calgary!

A comprehensive look at Calgary and Area’s new communities to help you find the best neighbourhood and home for you.

Brought to you by YP NextHome the creators of New Home Guide.

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Journey Back.

Live Forward.

Small town chic on Calgary’s doorstep.

INSIDE THIS ISSUE

Journey Back.

Live Forward.

3 REASONS NOW IS A GOOD TIME TO BUY IN CALGARY

FALL 2016 OPENINGS AND NEW RELEASES

5 WAYS TO MAKE BUYING A HOME MORE AFFORDABLE

Small town chic on Calgary’s doorstep.

INSIDE THIS ISSUE

Brought to you by the publishers of

3 REASONS NOW IS A GOOD TIME TO BUY IN CALGARY

FALL 2016 OPENINGS AND NEW RELEASES

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TO BOOK YOUR ADVERTISING SPACE CONTACT: Melanie Gowans 403.200.8462 melanie.gowans@ypnexthome.ca

16 AVENUE

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SHERIFF KING STREET

JAMES McKE

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DEVELOPER: Hopewell Residential BUILDERS: Jayman BUILT, Hopewell Residential, Stepper Custom Homes, Homes by Avi, Excel Homes ESTATE BUILDERS: Calbridge Homes, Morrison Homes, Homes by Avi www.mahoganyliving.com

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DEVELOPER: Genstar BUILDERS: Cardel Homes, Excel Homes, Homes by Avi, California Homes, Avi Urban, Cedarglen Homes www.waldenliving.ca

52 STREET

BARLOW TRAIL

GLENMORE TRAIL

D DRIVE

ENUE

DEVELOPER: Brookfield Residential BUILDERS: Albi Homes, Cardel Homes, Cedarglen Homes, Trico Homes, Morrison Homes, Landmark Homes, Baywest Homes, Brookfield Residential RIVERSTONE OF CRANSTON BUILDERS: Albi Homes, Cedarglen Homes, Landmark Homes, Baywest Homes, Calbridge Homes, Brookfield Residential www.livecranston.ca

52 STREET

MacLEOAD TRAIL

ELBOW DRIV E

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03 CRANSTON

06 McKENZIE TOWNE

DEVELOPER: Brookfield Residential BUILDER: Mosaic Townhomes: Brookfield Residential www.livemckenzietowne.com

07 NEW BRIGHTON

DEVELOPER: Brookfield Residential BUILDERS: Cedarglen Homes, Morrison Homes www.livenewbrighton.ca

08 QUARRY PARK SETON BLVD SE

4

DEVELOPER: Remington Corporation BUILDERS: Cardel Homes, Birchwood Properties, Albi Homes

09 LEGACY 9

01 AUBURN BAY

9

DEVELOPER: Westcreek Developments BUILDERS: Stepper Custom Homes, Albi Homes, Trico Homes, Sterling Homes, Creations by Shane Homes, Jayman BUILT, Calbridge Homes, Morrison Homes www.legacylife.com

DEVELOPER: Brookfield Residential BUILDERS: Brookfield Residential, Cedarglen Homes, Baywest Homes, Jayman BUILT, Albi Homes, Morrison Homes, Discovery Homes www.liveauburnbay.ca

02 COPPERFIELD

DEVELOPER: Hopewell Residential BUILDERS: Hopewell Residential, Stepper Custom Homes

JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 9

Property Profile | HOMES BY AVI

cover story

Homes by Avi presents fabulous line-up of

HOMES IN WALDEN HOMES BY AVI is wowing new-home buyers in Walden with four new showhomes in its incredible line-up of front attached garage and semiattached homes that offer a variety fabulous features and savvy designs.

Located in southeast Calgary, Walden offers buyers a stellar location with already established amenities and they’re embracing Home by Avi’s wide selection of models that offer something for every buyer.

“Our homes are being wellreceived by buyers,” says General Manager Doug Beach. “They like that we’re able to provide diversity offering 10 YPNEXTHOME.CA

semi-attached homes starting at the $330,000s, so people can get in at an affordable price point and move up to larger front attached garage homes.

“We have a higher number of repeat and referrals in Walden than anywhere else in the city because people love that they can stay in the community as their family grows,” he says. “We have one client who has bought three homes from us in Walden. He started out with a semi-attached and moved up as the family grew.”

Beach notes Walden is an attractive place to live because it has already established amenities such as parks,

pathways, playground, shops, services and eateries as well as two entrances with easy access to major routes – Macleod and Stoney Trails. “It has a natural appeal with proximity to the river valley and trails and it has one of the highest walkability factors of any community.”

Homes by Avi has two new semi-attached showhomes – the 1,492-sq.-ft. Bruno and the 1,648-sq.ft. Ivan – and altogether there are eight models to choose from in two- or three-bedroom plans with 2.5 bathrooms. They offer fabulous features such as nine-ft. ceilings and

hardwood flooring on the main floor, stainless steel appliances, granite countertops, upstairs laundry and fully landscaped yards.

“We’re getting a great response to these homes,” Beach says. “They appeal to both first-time buyers and downsizers because they offer great functional, liveable designs.”

There are also two new front attached garage showhomes – the 1,952-sq.-ft. Hemsworth and the 2,428-sq.-ft. Hawthorne – and Homes by Avi can build more than a dozen models in Walden that offer a variety of floorplans and smart, savvy, functional designs.

“The Hawthorne is an awesome house; it’s the number one selling home by Homes by Avi because it offers such a great open design that lends itself to entertaining,” Beach says. It features three bedrooms, 2.5 bathrooms, a main-floor flex room, large upstairs bonus room, big windows, walk-through pantry and a huge great room with open kitchen.

Location

Walden, southeast Calgary Builder

Homes by Avi Development

Walden Home Type

Front-attached garage and semi-attached homes Showhomes

34 Walgrove Terrace S.E. and 1302 Walden Dr. S.E. Contact

homesbyavi.com

“The showhome also has an ‘Air Home’ system that allows you to play sound in five different zones,” he adds.

“It’s amazing and you really have to visit the showhome to experience it.”

There are also two featured homes in Walden – the Raycroft and the Rayburn – which saw Homes by Avi and their trades work together

to provide a front attached garage product to price sensitive buyers.

These homes start in the $440,000s.

Buyers are also able to personalize their homes with a visit to the Homes

by Avi award-winning design centre where they can work with one of the builder’s interior designers – one of whom was chosen as a Top 30 Under 30 interior designer in the country.

Aside from Walden, Homes by Avi is building front garage homes in, Carrington, Kings Heights in Airdrie, Mahogany, Nolan Hill, Sunset Ridge in Cochrane and Tuscany. It’s also building street towns in Livingston, street towns and duplexes in Savanna, and estate homes in Harmony in Springbank and Artesia in Heritage Point.

For more information on Homes by Avi in Walden, visit the showhomes at 34 Walgrove Terrace S.E. and 1302 Walden Dr. S.E., open Monday to Thursday, 2 to 8 p.m., and weekends and holidays, noon to 5 p.m., or visit homesbyavi.com JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 11

Trending

Canadian economy to pick up this year: Conference Board FOLLOWING AN INCREASE of just 1.3

per cent last year, Canada’s economic growth is expected to accelerate to 1.9 per cent in 2017, according to The Conference Board of Canada’s Canadian Outlook: Winter 2017.

“Last year, Canada’s economic growth was held back by weak business investment and a disappointing export performance,” says Matthew Stewart, associate director, National Forecast. “Overall, we anticipate a better performance this year, as the energy sector puts less of a drag on the economy, exports manage a slightly better performance and government stimulus ramps up.”

Highlights » Canada’s economic growth is forecast to accelerate to 1.9 per cent in 2017. » Improved export activity and increased government spending will partly offset slowing consumer spending and declining residential construction. » Business investment outside the oil and gas sector is showing some signs of recovery.

Although Canada’s trade sector will likely encounter numerous speed bumps over the next couple of years, exports are projected to increase by 1.8 per cent in 2017 and see even stronger growth 2018 thanks to strength in the U.S. economy and a weak Canadian dollar. However, export growth will be held back somewhat by capacity issues over the near term. With most manufacturing sectors operating at capacity, the lack of investment spending to expand capacity will continue to limit the ability of firms to increase production, and hence, exports. While it is too soon to estimate the impact that the new U.S. government will have on Canada’s trade sector, it is highly 12 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

probable that Canadian exporters will face greater protectionist measures under the Trump administration.

Business spending outside of the oil and gas sector should finally see some growth this year. Nonresidential construction is poised for a gentle recovery, while machinery and equipment investment spending is also expected to turn a corner.

However, this won’t be enough to offset further declines in oil and gas investment, which is projected to drop by 4.9 this year. Overall, business investment is projected to decline by 0.3 per cent this year, before increasing in 2018.

While the household sector will remain a key driver of the economy in 2017, consumer spending growth is forecast to slow slightly amid mediocre employment gains and subdued wage growth. In addition, residential construction is poised to

fall as recent changes to mortgage rules take some of the steam out of the housing market. Housing starts will see to drop by roughly 185,600 units this year and rise slightly in 2018.

One factor that is expected to give a boost to economic growth is the beginning of federal stimulus funds. The federal government is committed to increasing program spending and infrastructure funding levels, which will account for 0.3 percentage points of Canada’s economic growth in 2017.

With economic growth remaining modest in Canada, the Bank of Canada is expected to hold off on any interest rate hikes until 2018, even then the rate of increase will be modest. As Canadian and U.S. interest rates widen, the loonie will lose ground against the U.S. dollar in the coming year, expected to average US$0.745.

EVERYDAY LIFE. UNCOMPROMISED. NEW MODELS IN CRANSTON’S RIVERSTONE, NOW FROM THE $590’S. Explore miles of biking and walking trails, with all of Fish Creek Park at your doorstep.

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AlbiHomes.com

Advice | CALGARYISM

3 great reasons to buy new construction in Calgary

By Cody Battershill

MORE ADVICE ONLINE ypnexthome.ca/news/advice

THERE ARE SEVERAL reasons as to why you should seriously consider buying a new construction home in Calgary, versus resale. Here are some of the best ones.

Repair-free With a new home purchase comes new plumbing, heating and air systems, not to mention a full set of appliances that have never been touched. There’s a financial benefit to this, as you wont have to spend money maintaining these – except an air furnace filter here and there.

As a matter of fact, it’s likely that you’ll be repair-free for a few years, and if something does break down, it will probably be covered by warranty.

This concept extends to the exterior of the home, where you’ll find vinyl-wrapped windows, trim, railings and other composite materials used in construction that will stand the test of time much better than their older, less technologically advanced counterparts.

Convenient technologies New homes come with technologies that can make life convenient.

Smart thermostats, for example, learn from your behaviours, allow you to manually control your home’s climate via remote, display energy consumption statistics and even selfadjust based on ambient conditions such as a change in humidity.

Smart locks are another fairly new technology included in many 14 YPNEXTHOME.CA

new homes that allow owners to lock doors remotely (usually from a control panel in the master bedroom) and gain access without keys by entering a code on the keypad.

A more minor convenience (but still valuable) are automatic light switches that turn on when entering a room, as well as fans that can be set to run for a given time.

Let’s not forget about those useful USB ports built into counter power outlets around the house that provide convenient plug-ins for your smartphone and other devices of the sort.

Master-planned community Developers always include a full list of appealing features in their new community’s master plan, such as: » A central amenity complex where you’ll typically find food and drink plus a grocery store, financial institution, professional services and other important day-to-day retail » Pathway system through park areas connecting different phases of development, making it easy to get around the neighbourhood

» Community centre where various activities and programs are run year round for children and adults alike, also giving residents the opportunity to engage with each other and create new relationships You’ll want to find out just exactly what features will be included in your neighbourhood of choice if considering a new home purchase.

These are just a few of the possibilities.

There are currently a ton of options for home buyers to choose from in Calgary’s new home market. Make sure to take your time, weigh out all your options and consider using an experienced buyers’ agent who will help you navigate the new home market as successfully as possible.

Happy house hunting!

Cody Battershill is the founder of Calgaryism and a top producing realtor at ReMax House of Real Estate. Born and raised in Calgary, Cody has a passion for helping his clients accomplish their real estate goals and loves to show off the best Calgary has to offer! He can be reached at 403.370.4180, @Calgaryism on Twitter and calgaryism.ca

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TC-16459 NHG HP Jan27 v2.indd 1

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05 MONTERRA ON COCHRANE LAKE DEVELOPER: Medallion Development Corp.

BUILDERS: Prominent, Modena, Cornerstone, Brooklyn, Astoria Custom Homes

09 THE WILLOWS OF RIVER HEIGHTS

DEVELOPER: La Vita Land Inc. BUILDERS: Janssen Homes, Kingsmith Homes, NuVista Homes and Sterling Homes

06 WESTPOINTE ESTATES

DEVELOPER: MGM Developments.

BUILDERS: Mapleland Homes, Kingsmith Homes

07 FIRESIDE

DEVELOPER: La Vita Land BUILDERS: Calbridge, Janssen, Kingsmith, Landmark, ReidBuilt Homes www.firesidecochrane.com

08 HEARTLAND

DEVELOPER: Apex Developments BUILDERS: Excel Homes, Jayman BUILT www.heartlandcochrane.com

JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 17

Insight

Are you

CRAVING SUMMER?

By Brad Jackman

IN THE MIDDLE of winter as we anxiously wait for warm weather and outdoor living, landscaping may not be top of mind. But there are a few ideas homeowners can contemplate before spring. Hiring a landscape contractor should be exciting and satisfying. However, it can be a discouraging time for some homeowners, unsure of where to begin, what you want it to look like and who to talk to. Here are a few tips to guide you through a satisfying landscape construction experience.

Have a plan You can never call a company too early to plan for the following season’s project. Many landscape companies are limited in the number of jobs they can do in a season. Having a plan and beginning the process early 18 YPNEXTHOME.CA

can allow for your project to be started in your desired time frame.

Have a budget It is important to understand that quality landscaping requires substantial investments of time and money. Thus, having a budget and planning around that budget will be crucial. It is also not unusual for work to be split up over consecutive summers, easing some of the financial burden while creating your backyard paradise. Depending on what is required for labour, equipment and materials, it may be more or less of an investment one season to the next.

With that said it is sometimes more cost effective to do the whole project at once. Booking a consultation with a reputable landscaper will allow you to see if your budget is in line with your vision.

Hire a professional Many homeowners underestimate the work associated with landscaping, or the knowledge required to produce a quality outdoor living space. Weekend warriors may be in for a surprise! It is important to hire someone who has extensive experience in the industry, and is a full service landscape company. Find a landscape company that will complete the task from start to finish and handle any subcontracting required.

Know your options. When deciding which landscape

company to hire, it’s beneficial to do your research. Ask to see their portfolio, view their website and look into some of the products yourself. Most importantly, ask lots of questions. Landscape construction can be done very differently. Hire a company which uses quality equipment, utilizes the best products available and installs everything professionally. Ask to speak with former clients who have had similar projects to the one you’re considering. Your options include patios, lighting, decks, walkways, garden beds, trees, plants and fences to irrigation, drainage solutions, boulders, retaining walls, water features, decorative concrete, outdoor cooking and fire pits.

Clearly there are many choices and it pays to explore all your options carefully.

A stylish and functional yard can create a vibrant feel to your home. Be the envy of the block and provide a sanctuary for your family, friends and pets. Landscaping improves your quality of life, increases the value of your home and adds a little personal flare to your home’s exterior. Landscape 360 is a full-service landscape construction company. Our philosophy is based upon professionalism, quality, trust and respect.

Landscape 360 Professional Landscape Construction 403.452.0360, landscape360.ca Like us on Facebook JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 19

›› AIRDRIECOMMUNITIES 3 VETERANS BLVD

05 RAVENSWOOD

DEVELOPER: Qualico BUILDERS: NuVista, McKee Homes, Pacesetter, Broadview

7

VETERANS BLVD

06 COOPER’S CROSSING

DEVELOPER: Westmark Holdings BUILDERS: McKee Homes, Trico Homes, Vesta Properties, Canterra Custom Homes, Crystal Creek Homes and Harder Homes, Lifestyle Homes

1ST AVE

07 WILLIAMSTOWN 10

DEVELOPER: Vesta Properties BUILDERS: Vesta Properties

EAST LAKE

1 12

08 HILLCREST

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

NOSE CREEK

09 SOUTHWINDS

11

Developer: Mattamy Homes Builders: Mattamy Homes

YANKEE VALLEY BLVD

YANKEE VALLEY BLVD

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See ad of a particular project for more details.

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01 BAYSIDE ESTATES

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DEVELOPER: Genesis Land Development Corp.

BUILDER: McKee Homes, ReidBuilt Homes www.genesisland.com

02 WINDSONG

DEVELOPER: Mattamy Homes BUILDERS: Mattamy Homes

10 CANALS LANDING

Developer: Genesis Land Development Corp.

Builders: ReidBuilt Homes, Mckee Homes, Crystal Creek Homes, Genesis Builders Group, WestView Builders

11 PIER 11

Developer: Genesis Land Development Corp.

Builders: Genesis Builder Group pier11airdrie.com

12 MIDTOWN 03 REUNION

DEVELOPER: Hopewell Residential BUILDERS: Sabal Homes, McKee Homes

04 KING’S HEIGHTS

DEVELOPER: Melcor BUILDER: Loreck Homes, McKee Homes, ReidBuilt Homes, Shane Homes, Homes by Avi, Innovations by Jayman www.kingheights.ca

Developer: Wenzel Developments & Apex Developments Builders: Creations by Shane Homes, Shane Homes, Nuovo by Shane Homes, Excel Homes, Trico Homes www.midtowninairdrie.com

13 THE GATES AT HILLCREST

Developer: Mattamy Homes Builders: Mattamy Homes Coming Soon

JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 21

Advice | FUNDAMENTALLY SPEAKING

Stress-testing mortgages at higher rate reduces one risk, creates another: Dunning

By Wayne Karl

MORE ADVICE ONLINE ypnexthome.ca/news/advice

CHANGES FOR MORTGAGE insurance

in Canada announced in October are intended to reduce housing activity in Canada, with the aim of slowing the growth rates for house prices and mortgage indebtedness.

Many mortgage applications in Canada will be stress-tested using a benchmark interest rate that is currently 4.64 per cent. By contrast, actual rates in the mortgage market are 2.5 per cent or lower.

Opinions on the potential impacts vary, with many economic commentators expecting that the reduction of resale market activity will be in the range of eight per cent or slightly higher.

Canadian housing market economist Will Dunning explores the housing market and economic issues, in a report called Slamming on the Brakes. The report agrees that an eight-per-cent initial impact seems realistic, but concludes that there will be subsequent effects. Ultimately, housing market activity will be reduced by at least double (and potentially triple) the eight-per-cent factor. There will also be negative effects in the broader economy.

“There is a cliche that it isn’t speed that kills, it’s the sudden deceleration,” says Dunning. “A drop in housing activity that is larger than the government expects would have further consequences that it does not expect, including falling house prices in many parts of the country and related economic damage.”

22 YPNEXTHOME.CA

“A drop in housing activity that is larger than the government expects would have further consequences that it does not expect, including falling house prices in many parts of the country and related economic damage.”

In addition to reduced home buying by first-time purchasers, subsequent effects include: » Fewer current home owners will buy different dwellings (because it will be more difficult to sell their current homes). » Jobs will be lost due to reduced transactions, which will further reduce housing demand. » If potential buyers expect that house price will fall, buying will be further deterred. » Housing starts will be reduced. An eight-per-cent drop in housing starts would cost 25,000 jobs. Doubling the impact would cost 50,000 jobs. » Lower housing starts will reduce how much housing will be available in future. Because there will be less movement out of rentals into home ownership, vacancy rates will be reduced and rents will rise more rapidly, aggravating challenges for tenants.

“The government is aiming to reduce the risk of a housing market implosion,” says Dunning. “The new policy is based on a future event that is possible, but has a low probability of occurring – that in five years, mortgage interest rates could be more than two points higher than they are today. In so doing, it is creating a risk that is also possible, and seems to have a higher probability of occurring – that its policy could have severe negative effects for the housing market and the broader economy. It would be useful to have more public discussion on the trade-off of risks.”

Wayne Karl is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. He can be reached at wayne.karl@ypnexthome.ca or follow him on Twitter at Twitter.com/ WayneKarl

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›› OKOTOKSCOMMUNITIES NOTE: Map is just a graphic representation of areas of developments.

See ad of a particular project for more details.

OKOTOKS AIR RANCH

2A YSTAL SH OR ES RD.

BANN

R.

ISTER CR GATE

ID GE D

NO RT HR

SANDSTONE DR. MOUNTAINVIEW GATE

338 AVE. E.

8

1

MILLIGAN DR.

OKOTOKS

549

CRYSTAL RIDGE GOLF CLUB

3 32 ST. E.

2A

WEST

370 AVE. E.

02 CIMARRON

DEVELOPER: Tristar Communities BUILDERS: Trico Homes, Coco Homes, Timbercreek Homes, WestView Builders, Kunz Homes

03 DRAKE LANDING

CIM

RO N TR A I L

2B

N

32 ST. E.

DEVELOPER: Bordeaux Developments BUILDERS: Baywest Homes, Sterling Homes, Wolverine Custom Homes

AR

CIMA O RR

WESTLAND ST.

01 OKOTOKS AIR RANCH & RANCHERS’ RISE

4

SOUTHRIDGE DR.

WESTLAND ST.

2A

D R.

CIMARRON BLV D.

RI

DG E

LVD.

7

2A

04 WESTMOUNT

DEVELOPER: Prominence Development Corp.

BUILDERS: Cornerstone Homes, Gramercy Homes, Carpenter Homes

08 MOUNTAINVIEW AT

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

DEVELOPER: United Communities BUILDERS: Lifestyle Homes, Sterling Homes, Prominent Homes

JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 25

Ask An Expert

Q&A

By Heather Ryan

What to consider when choosing a community Q: I’m looking to purchase a new home this year, can you provide some advice on how to choose a community to live in?

A: Brenden Montgomery, general manager, Land Development, Wenzel Developments Inc. provides some tips on picking a community. “First start with putting together a list of your family’s needs and priorities. Then research the communities you’re interested in. Find out what amenities those communities have, what is under construction and what is planned for the future.

“Determine what amenities are important to have close by such as schools, commercial and retail stores, parks, pathways, community centres, and so on,” he says. “The answers to these questions will help you and your family narrow down which communities meet your needs.”

Once you have narrowed down which communities you’re considering Montgomery suggests you “walk through the parks, use the playgrounds, and visit the stores and shops to really get a feeling of the community. If you get the opportunity, talk to people who already live there.”

When considering each community proximity to work is often an important factor, but it needs to be balanced and measured against what else is important. For example, the distance to shops, services, schools, child care, places of worship, recreation ASK AN EXPERT: HEATHER RYAN or hospitals and other desirable centres, libraries,bymedical centres amenities all drive your choice when determining where you want to live and the location within that community.

“Open space also plays a large role in choosing a community,” Montgomery says. “Most communities have a variety of green spaces that cater to different activities and recreational opportunities so identifying what types of open spaces are located where will help you choose a location to live within a community.”

He notes that in some of the surrounding communities, such as Airdrie, you can often find larger lots than are available in Calgary, often providing a better value.

“The important thing is to identity which amenities are most important to your family and your family’s lifestyle and then prioritize.”

Q&A

Trending

The perfect

LBD!

by Elisa Krovblit

The LBD – little black dress – is a wardrobe staple. With the right accessories, you can dress it up or down, styled with whimsy or sophistication. Same for the LBD – little black decor – pieces for the home. They make a statement and can be styled with your personal expression.

Umbria Pebbled Vase – Anthracite $48 chapters.indigo.ca

Résumé Dress $246 jcrew.com

26 YPNEXTHOME.CA

Noche Media Storage Cabinet $999 crateandbarrel.ca

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As one of the biggest and most established communities in Northwest Calgary, Evanston has 2 new schools within the community, more green space, fewer fences and an environment created for growing families to flourish.

PRODUCTS AVAILABLE: MULTI- FAMILY | DUPLEXES | LANED HOMES | FRONT GARAGE

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

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›› NORTHWESTCOMMUNITIES

06 EVANSVIEW

12 COULEE MILE ROAD

AIL

COACH

HN

LA UR

S

EST HILLS GT ON

IE

64 AV

BL VD .

14 STREET

14 16 AVENUE

BOW TRAIL

Showhomes: 2003 20th Ave. 02 EVANSTON Developer: Birchwood Properties DEVELOPER: Qualico Communities Builders: Birchwood Properties

09 BEARSPAW WILLOW CREEK

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

10 WATERMARK AT BEARSPAW

#1 Community in Canada* DEVELOPER: Macdonald Development Corporation BUILDERS: Astoria Homes, Trickle Creek Homes, Wolf Custom Homes, NewWest Luxury Homes www.watermarkatbearspaw.com

11 EVANSRIDGE

DEVELOPER: Dream Development BUILDERS: DS Homes, Homes by Avi, Genesis Builders Group, Morrison Homes, WestView Builders, Stepper Custom Homes, Calbridge Homes, Homes by Dream

12 ROCK LAKE ESTATES 17 AVENUE

37 STREET

04 NOLAN HILL SARCEE TRAIL

9 CityLife

Albi Homes

IN

NOSE HILL PARK

ROAD

DEVELOPER: Birchwood Properties BUILDERS: Birchwood Properties

Rise NW

DD

CENTRE STREET

JO

DT RA IL

AVE NU E

69 STREET

01 ROYAL OAK

tates

BE

AI CH IL

08 VALLEY POINTE ESTATES

DEVELOPER: Melcor BUILDERS: Landmark Homes, Albi Homes

TR

SA RC EE

SH AG ANNAPI

TR AIL

DR IV E

CR OW

07 SAGE MEADOWS

DEVELOPER: Genesis Land Development Corp.

BUILDERS: Genesis Builders Group www.genesisland.com

RV HA

TRAIL EE SAR C

.

Y HILLS BLVD NTR COU

NOTE: Map is just a graphic representation of areas of developments.

17 AVENUE See ad of a particular project for more details.

gulf Cidex

O

D

85 STREET

STO NE

Y TRAI L

BANFF

NOS EH

I LL

RAIL YT S TONE

16

NOTE: Map is just a graphic representation of areas of developments.

See ad of a particular project for more details.

ent NW

NEY TRAIL TO

L

OL D

ent Corp.

A

2

13

1

8

Blvd.

PANORAMA ROAD

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WOODLAND ROAD

10

6

16

RO

ROCKY B

12

EY

5

COUNTRY HILL S BLVD. LV R ID GE D

SYMONS VALL

128 AVE.

AIL TR

9

15 11 7

PI AP

1A

3

4

AN AG SH

HW Y

DEVELOPER: Genstar BUILDERS: Arcuri Homes

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DEVELOPER: United Communities BUILDERS: Homes by Avi, MilanoShane Homes, 11 Homes, Morrison Showhomes: Panatella Hill NW Sterling Homes, Trico99Homes, Builders: Trico Homes Jager Homes, Pacesetter Homes, Creations by Shane Homes www.nolanhillunited.com

BUILDERS: Broadview, NuVista, Trico Homes, Pacesetter Homes, Ranch 10 Hanson 05 BEACON HEIGHTS Sterling Homes, Jayman BUILT n Rd. NW Showhomes: Hidden Creek Blvd. NW DEVELOPER: Intergulf Cidex Developer: Cedarglen Homes | Cardel Homes elopment Corp. | 03 SAGE HILL BUILDER: Trico Homes, Intergulf ts Builders: Genstar DEVELOPER: United Communities Cidex Majestic Homes | BUILDERS: Pacesetter Homes

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16 CARRINGTON

DEVELOPER: Genstar BUILDERS: Excel Homes

*2012 and 2013 National SAM award winner for Best Community Development JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 29

Trending

Déjà-boom

Millennials collide with retirement goals of their boomer parents THE BOOMERANG effect is in

full swing, as many Millennials continue to lean on the boomer generation for financial support, according to a recent TD survey. At a time when the older generation should be preparing for retirement, many instead are experiencing a “déjà-boom” effect, as children or grandchildren return to the family home or need financial assistance.

“As a parent or grandparent, it’s natural to want to help our kids and grandkids who may be facing financial challenges such as finding full-time employment or paying their day-to-day expenses,” says Rowena Chan, senior vice-president, TD Wealth Financial Planning. “It’s important that this desire to help is balanced with the goals you have when it comes to retirement.”

Overall, 62 per cent of the boomer generation feels the “déjà-boom” effect is preventing them from saving enough for retirement. The survey also reveals that the tradeoff between providing financial support and saving for retirement is placing boomers under a considerable amount of financial stress. More than half (58 per cent) of boomers report feeling financially stressed and say their retirement savings are being impacted by their extended financial support of boomerang kids; one in four Canadian boomers admit to supporting their adult children or grandchildren.

“While the déjà-boom effect may be an unexpected event in retirement planning, it is important for preretirees to remember that it’s not too late to plan for the future and achieve their goals. A lot can be accomplished in the 10 to 15 years before retirement and planning ahead is a key step in making the journey as smooth as possible,” says Chan.

TD offers these tips for boomer parents: 30 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

Be ready for whatever life throws your way Understand that your retirement goals are still within reach. Meet with a financial planner and do a goals-based assessment to determine what your options might be for supporting your kids while keeping your retirement plans on track. Identify short, medium and long term goals, and make sure they align with your kids’ goals.

Negotiate the return Discuss how everyone can contribute to the household budget and operations. For example, you may be able to cover the basics such as room and board, but other cell phone bills, car payments or financial support for recreational activities are additional costs that could be covered independently.

Prepare to “relaunch” Whether it’s your newly married daughter and her spouse and child, or your son who recently graduated and has moved back home, there are plenty of opportunities to educate family members on the importance of being fiscally responsible and working toward financial independence.

Invite them to join in your financial conversations to discuss how to navigate their current circumstances and establish good financial habits.

Decide when to release As you map out financial action plans, identify a date when you will no longer be financially committed to each other.

As you approach this date, set up a series of mini-goals that will allow you to free up funds to divert toward your retirement savings while ensuring that your kids are meeting the savings targets they set in their own financial plan.

F E S W A O H P N L G A N IN LI L E

S

Picture perfect setting in Calgary’s northwest.

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

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

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Showhome Review | SHANE HOMES

32 YPNEXTHOME.CA

amenity-filled northwest Calgary community of Nolan Hill, Shane Homes has raised the bar by offering new-home buyers an equally vibrant, feature-filled showhome that is earning rave reviews.

The 2,027-sq.-ft. Ladera has become one of Shane Homes’ most popular models in Nolan Hill “because buyers really love the open concept design, contemporary decor and the grey-brown and white colour scheme really hits home for buyers,” says Area Manager Jeff Luif. “And, they love the great high end specifications to start them off right, such as the nine-ft. ceilings on the main floor, granite countertops throughout, stainless steel appliances, gas fireplace and luxury laminate flooring.

“They also love the open main floor plan that is ideal for entertaining, the vaulted ceiling in the great room and the fabulous ensuite with its corner jetted tub, dual sinks, make-up table and walk-in shower,” he adds. “And they really appreciate that we can customize

PHOTOS BY EYMERIC WIDLING PHOTOGRAPHY

Shane Homes raises the bar with vibrant Ladera in Nolan Hill

LOCATED IN THE HEART of the vibrant,

the home to best suit their needs.”

The Ladera presents a dynamic entry with a gorgeous marble-look tile floor that creates an elegant feel and there is plenty of room to greet guests as well as space for a bench or table.

That tile floor flows to the mud room and garage entry where there is an abundance of storage including an additional closet so outerwear and backpacks can be neatly stored.

The stunning kitchen serves up an expansive flat surface island that has an upgraded quartz countertop and ample seating at the breakfast bar for family and friends. The light-coloured island is a nice contrast to the dark countertops and combined with the lighter coloured cabinets give the kitchen an elegant, timeless look. There is also additional storage provided by a gorgeous bank of glass-front cabinets that extend to the ceiling and a walk-in corner pantry that is loaded with shelves. Double doors off the kitchen ensures loads of natural light and easy access to the rear deck, expanding your entertaining outdoors.

Across from the kitchen, the central dining nook is ideal for entertaining large dinner parties or family gatherings and the space flows nicely into the rear living room featuring a vaulted ceiling and a fabulous wall-centred fireplace surrounded in black tile and a contrasting white mantle and flanked by windows.

Going upstairs to the left is the spacious owners’ suite that provides ample room for king-sized furniture and that luxurious ensuite that features the same marble-look tile from the entry and a huge walk-in closet.

Location

Nolan Hill Builder

Shane Homes Home Type

Single-family homes Showhomes

589 and 593 Nolan Hill Blvd.

N.W., Calgary Contact

Jeff Luif or Abigail James 403.536.2305 Down the hall are two generous sized bedrooms, a full bathroom with a granite-topped vanity, two linen closets for extra storage and a good-sized laundry room.

At the end of the hall, a huge bonus room presents the perfect relaxing space for enjoying movie nights with the family or entertaining friends during the big game.

The Ladera also has an oversized garage, and there is stone surrounding

the garage doors with upper stone as well creating eye-catching curb appeal.

Luif notes that Nolan Hill is “a great community for young families with an abundance of established amenities such as parks, playgrounds and pathways and two schools are expected to be built in a couple of years.” As well, the Gates of Nolan Hill gives residents easy access to groceries, shops, services and more, while a farmers’ market and additional shopping opportunities are nearby at Sage Hill, Beacon Hill and Creekside centres. As well, major routes such as Shaganappi Trail and Stoney Trail are just minutes away.

For more information, visit the Ladera, and Shane Homes’ other showhome, the 2,068-sq.-ft. Orion II, at 589 and 593 Nolan Hill Blvd. N.W., open Monday to Thursday, 2 to 8 p.m., and weekends, noon to 5 p.m., call Jeff Luif or sales associate Abigail James at 403.536.2305 or visit shanehomes.com

33

Trending

Secondary suites are officially the new normal

By Sonia Bell

34 YPNEXTHOME.CA

contributing to this “new normal.” Of course, rising house prices, especially in hot markets such as the Greater Toronto Area and Greater Vancouver Area, has put added pressure on first-time homebuyers to save a larger down payment. Moreover, the new mortgage stress test implemented in October 2016, which is currently 4.64 per cent, means some prospective homeowners will either have to lower their budget or continue saving.

“It is too soon to measure the impacts of this policy change,” says Will Dunning, Mortgage Professionals Canada Chief Economist and author of the Annual State of the Residential Mortgage Market in Canada report.

“The survey finds that among potential homebuyers who expect to be subject

to that test, their ability to buy a home will be impaired. As a result, they also expect that there will be negative impacts in the overall housing market and in the broader economy.”

Homebuyers are seeking various avenues to achieve their down payment; personal savings is still the primary source of their down payments, but homebuyers are more likely now than ever before to rely on other sources including, loans from financial institutions and withdrawals from RRSPs. There is also a larger dependence on the “Bank of Mom and Dad.” Many parents have enjoyed rapid increases in their home values in the past decade and a half, affording them the ability to assist their children.

Highlights from the report:

20%

average down payment

12%

51%

personal savings

18%

Bank of Mom and Dad

26%

Laons from financial institutions

8%

RRSP

of homeowners rent or plan to rent a part of their home

$

20%

Canadians between 18-34 years old plan to rent their home

34%

of first-time buyers think it’s important to generate income from their home

$$

40% rent their home to afford their housing costs

1

13%

5.6

10

50%

Consumers were asked: “On a scale of one to 10, what is the degree to which you agree that now is a good time to buy a home?”

43%

are saving for a down payment

renovated their home to add space for a rental unit

50% of 18-34 year-olds do not own a home Why?

29%

lack financial stability

26%

are waiting for prices to decrease

GRAPHIC BY DAIANA GARAY

WITH THE COSTS of buying and maintaining a home on the rise, Canadians are increasingly relying on secondary suites to help mitigate the costs of homeownership.

According to a new report by Mortgage Professionals Canada, Canadians who purchased their home within the past two years reflect a “new normal” in the Canadian housing market. Thirty-four per cent of first-time buyers think it’s important to generate income from their properties, and 13 per cent of homeowners undertook renovations to add space for a rental unit.

The report contains data obtained from various sources, including an online survey of 2,000 Canadians.

According to the respondents, current homeowners renting a secondary suite indicated that it was a necessity, with 24 per cent stating, “I need to rent a room/unit in my home to afford my mortgage,” and 15 per cent acknowledging that they “would have to make major lifestyle changes if [they] did not have rental income.”

“Creating income remains a useful tool for first-time homebuyers,” says Paul Taylor, president of Mortgage Professionals Canada. “People are looking for ways to make owning a home more affordable. Generating income allows them to reduce their mortgage more quickly.” Each year more than a third of mortgage holders take actions that will shorten their amortization periods, such as creating and renting a secondary suite. For homes purchased during 2014 to 2016, the average contracted amortization period is 22.4 years.

The most recent buyers expect that, on average, they will repay their mortgages in 18.8 years, which is 3.6 years shorter than their average contracted period.

There are multiple factors

You may want to sit down for this.

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Property Profile | GENSTAR

Genstar’s newest northwest Carrington community a jewel to treasure Location

Northwest Calgary Builder

Arcuri Homes, Excel Homes, Homes by Avi, Jayman BUILT Development

Carrington, by Genstar Home Type

Semi-estate, single-family and duplexes Contact

carringtonliving.ca

36 YPNEXTHOME.CA

A NEW JEWEL is being added to Genstar Development’s lineup of communities to treasure with the creation of Carrington situated in northwest Calgary.

“It’s a special opportunity to pioneer this neighbourhood,” says Kelly Schmalz, development manager with Genstar. “We’re excited about bringing our brand integrity and experience to Carrington and we feel there’s a demand for this northwest product.

“Carrington will be the jewel of the new northwest,” Schmalz says. “It’s a friendly, welcoming community that is small and intimate, so you don’t get lost in the crowd, and it will be less intimidating and higher quality.

“It will be a desirable place in which

to live, work and recreate, as well as being walkable, culturally enriched, inclusive, diverse and sustainable, utilizing best practices in placemaking and sustainable design.”

It’s also a natural extension of Genstar’s other highly successful communities in the north that include Panorama Hills, Coventry Hills, Country Hills, Harvest Hills, Evansview and the Country Hills Town Centre.

The overall community of Carrington has three developers with Genstar’s portion located on 80 acres at 144th Avenue and Centre Street N.W. with the opening two phases earmarked for singlefamily homes, duplexes and multifamily development.

ABOVE

From left, Genstar team members Manoj Raythatha, senior consultant, Kelly Schmalz, development manager, and Marcello Chiacchia, vice-president of Calgary communities at the developer’s new community of Carrington.

The focal point of Carrington is the Major Activity Centre, which is included in Genstar’s land.

This Centre will be the hub of employment, retail, eateries, services and transportation with BRT service first followed by a future LRT station – all within walking distance.

“From our location in Carrington you’ll be able to visit this urban village without crossing any major roadways,” says Schmalz. “It’ll be a true mixed-use urban centre at your doorstep. You could work there and live in Carrington.”

Builders in the first phase are Arcuri Homes, Excel Homes, Homes by Avi, and Jayman BUILT. Arcuri is crafting semi-estate homes starting from the $700,000s Excel and Avi are building move-up homes with front attached

garages from the $450,000s, and Excel and Jayman are doing duplexes from the $320,000s. All the homes feature Urban Carriage House, Prairie Modern, Urban Modern architectural styles.

Among the builders Excel already has the two move-up and four duplex showhomes open; Jayman has two duplex showhomes open; Homes by Avi has two move-up showhomes open; and Arcuri will have one showhome open by mid-February.

A grand opening event for the community is scheduled for February, which will include food and entertainment, and provide people with an excellent opportunity to touch, see and feel the new showhomes.

All builders in Carrington are in full swing on pre-construction

sales, Schmalz says and traffic has been “really good out there. A lot of people are coming through showing that there is quite a bit of excitement and interest. We’re looking forward to building on that momentum.”

Genstar’s Carrington places a priority on green areas being designed with the natural slope of the land to offer view lots looking west towards a large pond amenity with walking trails and lookout points offering mountain views. As well, greenspace, the pond and the Major Activity Centre will all be linked to a regional pathway system increasing the walkability factor for residents allowing them to explore.

A future school site is also located in Genstar’s Carrington and residents will enjoy having an abundance of other amenities located in the surrounding established communities to the south and west with a plethora of shops, services, restaurants, grocery stores, a movie theatre and a farmers’ market just a few minutes’ drive away.

There is also amazing access to Stoney and Deerfoot Trails allowing for quick commuting within the city and throughout the area.

For more information on Genstar’s Carrington, visit the showhomes, open Monday to Thursday, 2 to 8 p.m., and weekends and holidays, noon to 5 p.m. or visit genstar.com/calgary/carrington JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 37

PANORAMA ROAD

STONEY TRAIL

4 52 STREET

HARVEST HILLS

METIS TRAIL

MONS VALLEY ROAD

›› NORTHEASTCOMMUNITIES 3

COUNTRY HILLS BLVD.

IL

5

TR

6

AI

I TR

AIL

ON

68 STREET

GT

L

1

80 AVENUE

NAP

IE

BL

VD

MCKNIGHT BLVD.

32 AVENUE

14 STREET

.

64 AVENUE

68 STREET

UR

CENTRE STREET

LA

64 AVE.

FALCON RIDGE

SHA GAN N

36 STREET

IN

CALGARY INTERNATIONAL AIRPORT NOSE HILL PARK

OH

2

TR A DD

DE ER F

BE

OO T

COUNTRY HILLS BLVD.

16 AVENUE

16 AVENUE

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

01 SADDLESTONE

DEVELOPER: Genesis Land Development Corp.

BUILDERS: Genesis Builders Group www.saddlestonecalgary.com

02 SADDLEBROOK

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

05 CITYSCAPE

DEVELOPER: Mattamy Homes BUILDERS: Mattamy Homes

06 SAVANNA IN SADDLE RIDGE

DEVELOPER: Genstar Development Co. BUILDERS: Cardel Homes, Homes by Avi, Excel Homes, Arcuri Homes

03 CORNERSTONE

DEVELOPER: Walton Development BUILDERS: Jayman BUILT, Shane Homes, Morrison Homes, Truman Homes, Pacesetter Homes www.liveatcornerstone.ca

04 REDSTONE

DEVELOPER: Qualico Communities BUILDERS: Broadview Homes, NuVista Homes, Pacesetter Homes, Jayman BUILT, Trico Homes, Creations by Shane Homes, Shane Homes (Shane showhome to be built in spring)

JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 39

Neighbourhood Profile

Haysboro A dream community to raise a family

By Caitlin Best

for families who like having parks, schools, churches and the basic shops nearby. The Kingsland Farmer’s market is also a draw for people who love their organic produce and having the option to buy local. The Chinook shopping centre and many handy stores such as RONA and Wal-Mart can be found right on Macleod Trail.

Planes, trains & automobiles Heritage Station is the closest LRT line but for many residents driving will be a more practical option for getting around the city. Macleod Trail runs North to South while Heritage Drive will allow drivers to access East to West roadways. From downtown, Haysboro is roughly eight km.

MORE PHOTOS ONLINE ypnexthome.ca/haysboro

HAYSBORO IS A quiet residential neighbourhood in the Southwest of Calgary. For people who are looking to raise a family, get a pet and live away from the hustle and bustle of downtown, Haysboro is a dream come true. It has all the basics… drycleaner, barber, supermarket, gym and the Chinook shopping centre nearby. Residents are involved in their community and like to enjoy what’s in their own backyard.

The vibe You won’t find any bars or restaurants in the area but that doesn’t stop the neighbours from hosting block parties, parades and community gettogethers. Most neighbours are in their

40s and 50s but you can still expect to see lots of younger families moving in to take advantage of the schools and parks. Seeing baby strollers and dogs around the block and residential strips is not uncommon.

Meet the neighbours Despite being a quiet community, neighbours in Haysboro are generally known for being warm and inviting.

By some resident’s accounts, it’s not unusual to know everyone on your block by first name. If the idea of living in a tight-knit community appeals to you than look no further.

In the area Haysboro community is well-serviced

The good, the bad & the rest For families and people looking to settle down, this neighbourhood provides all the comforts you could need. It’s safe, friendly and focused on providing amenities for children.

With many school zones, don’t expect to drive through this area very fast (the speed limit is 30 on half of the thoroughfares). The box stores and shopping centers close by are also a draw but people who still prefer eating out and nightlife might find this area to be a little on the sleepy side.

Dollars & sense This part of the Southwest is well known for expensive homes but Haysboro is one exception where detached homes (mostly bungalows) are actually quite affordable by comparison.

Caitlin Best works as a freelance writer and creative based in Calgary. When she’s not covering the latest lifestyle trends or hot new restaurants, she’s planning her next travel adventure.

40 YPNEXTHOME.CA

AV

EN

4 BAN

FF

COACH ROAD

01 MYSTIC RIDGE

DEVELOPER: La Vita Land BUILDERS: Calbridge Homes www.mysticcalbridge.com

16 AVENUE

02 CURRIE BARRACKS

7 BOW TRAIL

MEM

ORI

11 10

04 CRESTMONT 2 ELBOW DRIVE

3

DEVELOPER: Legend Developments DEVELOPER: Qualico Communities BUILDERS: Augusta Fine Homes, NuVista Homes

BLACK FOOT TRAIL

1

BUILDERS: Crystal Creek Homes, Empire Custom Homes, Avi Urban, Calbridge Homes, Core Properties, Jayman Modus, Slokker Canada West

03 SPRING VALLEY

17 AVENUE

37 STREET

17 AVENUE

SARCEE TRAIL

14 AVENUE SW

69 STREET

06 DRESSAGE IN SILVERADO

DEVELOPER: Qualico Communities BUILDERS: Baywest Homes, Augusta Homes

07 WESTLAND ESTATES

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

SOUTHLAND DRIVE

08 WEST GROVE ESTATES

DEVELOPER: Truman BUILDERS: Prominent Homes, Crystal Creek Homes, Lupi Luxury Homes, Augusta Fine Homes, West Grove Estates, Shane Homes, Truman Homes

ANDERSON ROAD

BOTTOM TR

FISH CREEK PARK

9

JAMES

DEVELOPER: Cardel Homes BUILDERS: Cardel Homes www.cardelhomes.com DEVELOPER: Truman BUILDERS: Sane Homes and Truman Homes

SHAWNESSY BLVD.

11 ASPEN WOODS ESTATES

MA

DEVELOPER: Springbank Land Company Ltd. BUILDERS: WestView Builders, Truman Homes, Crystal Creek Homes, and Homes by Us.

IL

TRA

SHERIFF KING STREET

D

OA

CLE

ET

37 STRE

162 AVENUE

6

09 SHAWNEE PARK

10 WEST GROVE POINT

MCKEVITT

FISH CREEK BLVD

S PRUCE MEADOWS HWAY

NOTE: Map is just a graphic representation of areas of developments.

See ad of a particular project for more details.

MACLEOAD TRAIL

GLENMORE RESERVOIR

24 STREET

8

85 STREET

OLD

UE

14 STREET

16

CENTRE STR

›› SOUTHWESTCOMMUNITIES

JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 41

What’s Online

Trending now The latest real estate news from across Canada

Area carpets: Let’s lay it all out there READ THE STORY ONLINE

Canadian home sales cool but prices continue to rise

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Top 5 celebrity home sales of 2016 READ THE STORY ONLINE nexthome.yp.ca/celebrity-sales

Next stop, success: Why you should invest near transit

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Advice | QUICK TIPS

Making the most of a new year

By Hellen Buttigieg

MORE ADVICE ONLINE ypnexthome.ca/news/advice

I’VE BEEN BUYING the same planner for years, and I believe it’s the single most important part of my timemanagement success.

One year, I tried using a digital calendar instead, but I was missing deadlines, confusing appointments and feeling overwhelmed. After a three-month trial, I ditched it and went back to my trusted paper planner.

For a calendar system to work, you need to use it consistently. Choose one that suits your learning style and using it will come naturally.

Your natural way of taking in information greatly affects which scheduling method will work best for you. Rather than trying to change yourself to adapt to your calendar system, select one that fits your learning and organizing style.

If you are a hands-on learner (kinesthetic), choose a planner with a texture that is a pleasure for you to touch. What feels best in your hands: leather, faux crocodile or cloth?

The physical act of writing down appointments and tasks will help you remember them. Place a sticky note on the front on your planner and list on it the things you must do that day and cross items off as you complete them. Use stickers to highlight important activities/events.

If you don’t require the portability of a planner book, another option is a wall calendar or a whiteboard (with the days of the week across the top and the tasks written underneath).

Hang it across the room and wipe off each task as it is completed. The key

to getting a good fit is to make your calendar interactive for your handson preference. You may also choose to use an electronic calendar to keep track of your commitments, as this will keep your hands busy while giving you greater flexibility and freedom to change plans when you need to.

If you learn best by seeing (visual learner) paper agendas and large wall/ desk calendars work well for you.

Choose a planner that is aesthetically pleasing to you. You will be drawn to fashionable colours, inspiring motivation quotes and beautiful pictures/artwork. Use bright coloured markers to highlight important events/activities on your calendar.

Use sticky notes in various colours as reminders of important actions to take. A calendar with space for notes and to-do lists will allow you to see all of your commitments in one place, which will help you remember to check them more often. Alternatively, if you choose to use a computer calendar, you will likely want to print it out and use colour settings (i.e. to differentiate between work and family commitments). Most importantly for visual learners, keep your calendar in a place where you will get a clear view of it throughout the day.

If you learn best by hearing/

speaking (auditory learner), it would be beneficial to have your to-do list and schedule both in one place and have it nearby at all times. This will help you remember to stop for an errand while already in that area. If you want to manage your schedule electronically, be sure to set alarms as reminders of important events/ deadlines. You may want to set your computer so it opens and reads your to-do list each time your start it up at the beginning of the day. If you prefer to use a paper planner, choose one that accommodates your handwriting style; i.e. if you have large handwriting or like to make lots of lists, you’ll want to use one that provides ample space for that. Systems that provide weekly/ monthly views will be more helpful to you, allowing you to look ahead and plan for both the busy and quiet times ahead.

Keep in mind that we all use more than one learning style, but we have a preference for one in particular. Find and use the one that works for you!

Hellen Buttigieg is a certified professional organizer, life coach, TV host, owner of We Organize U and author of the best-seller, Organizing Outside The Box. For tips on getting organized, visit weorganizeu.com and sign up for the free newsletter.

JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 43

Advice | MORTGAGE MOGUL

Are you working with the right team?

By Jason Eldridge AS A FIRST-TIME homebuyer, to say the task of purchasing one’s first home can be a little daunting could is putting it mildly. Making sure you are surrounded by the right team of professionals from start to finish can make all the difference. So where do you start?

Getting pre-approved for your mortgage financing is a critical first step. By doing so, you not only know what your purchasing power is, but you also have the knowledge of knowing your mortgage rates are going to be held for a minimum of 90 days, which will protect you if rates do go up during that time. As well, most realtors and or builders prefer if you have already been pre-approved for your mortgage.

As soon as your mortgage preapproval is in place, you will likely want to work with a realtor to help you find your first home. Based on your budget, the location, style, size and other requirements you may have for your future home, a real estate professional will be able to help you find the perfect place. They will also help you with the negotiation process that will undoubtedly occur with most purchase transactions.

After the purchase price has been agreed upon by all parties involved, you may choose to get a home inspection done for your own piece of mind as part of the conditions of buying that home. By having a home inspection completed, you will know if your future home either require immediately, or will be subject to any costly repairs in the near future.

Now that all of the conditions have been met as per your purchase contract, you will need to get property insurance. Speaking with the company that holds your car or life insurance may be an excellent start. If you are looking to see if you can acquire better coverage at a lower cost, you may wish to seek the 44 YPNEXTHOME.CA

MORE ADVICE ONLINE ypnexthome.ca/news/advice

service of an insurance broker. Like a mortgage broker, they will shop your application to several different companies looking for the best price and coverage.

Once you have negotiated a purchase contract, and have acquired a full approval on your mortgage financing, you will need to seek the services of a real estate lawyer.

Like any professional, not all are created equal, so calling around or getting referrals from friends and family could be very helpful. Getting quotes, and finding out if they have time to work with you is very important as purchasing a home can be a time sensitive situation. Some lawyers offer an “all inclusive” fee for

purchasing a home, while others may have a standard fee plus additional costs depending on the complexity of the purchase and the requirements of the financial institution providing the mortgage.

By working with the right group of people to assist you with your first home purchase, you will find that if or when the time comes to sell and or purchase another property, you will be that more confident going through the process once again.

As always, I welcome any questions or comments you may have regarding the information contained in my articles. Until next month…

Jason Eldridge, P.F.P, B. Admin Mortgage Specialist, Axiom Mortgage Solutions (formerly Unisource Mortgage) Cell 403.630.1718, Fax 866.708.5807 Email jason@axiommortgage.ca Web/apply online jason.axiommortgage.ca

›› CALGARYREGIONSOUTH 1A

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

2

COCHRANE

STRATHMORE

1

1

CALGARY

CHESTERMERE 797 LANGDON

22X

22X

PRIDDIS

TURNER VALLEY

HERITAGE POINTE

BLACK DIAMOND

2

OKOTOKS 2A

543 22

HIGH RIVER

HIGH RIVER

BLACK DIAMOND

HIGHWOOD LAKE

RIVERWOOD ESTATES

DEVELOPER: WestView Builders BUILDER: WestView Builders

DEVELOPER: Riverwood Estates Inc. BUILDERS: Woodmaster Homes Ltd.

HAMPTON HILLS

BUILDERS: WestView Builders

MONTROSE

DEVELOPER: Dream Development BUILDER: Lifestyle Homes, Red Door Homes

PRIDDIS

HERITAGE POINTE ARTESIA AT HERITAGE POINTE

DEVELOPER: Heritage Pointe Properties Inc. BUILDERS: Astoria Custom Homes, Albi Homes, Calbridge Homes www.liveatartesia.com

HAWKS LANDING

DEVELOPER: Hopewell Residential Communities BUILDERS: Prominent Homes, Baywood Estate Homes, Trickle Creek Custom Homes, Wolf Custom Homes, Thompson Luxury Homes, Bradmar Homes, Baywest Homes www.hawkslanding.ca

SEARCH ONLINE ypnexthome.ca

JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 45

Canadian

PROPERTY INVESTOR

Vancouver | Toronto | Ottawa | Calgary | Edmonton

ON STANDS NOW!

Find your next investment with exclusive real estate opportunities, insider insights and expert tips designed for the savvy investor PICK UP A COPY TODAY!

Read the digital issue on

Available at these locations: • YP NextHome street boxes

• Airport lounges • Transportation hubs

• Newspaper insertions

• Street retail racks

• Select hotels

• Direct mail

›› CALGARYNORTHREGION 01 VISTA CROSSING IN CROSSFIELD DEVELOPER: Dream Development BUILDERS: McKee Homes, Reidbuilt Homes, Homes by Dream

575 CROSSFIELD

72

2

567 AIRDRIE

Here’s what you can do to Recycle, Renew and Reuse • Keep your car in good working order. Tune-ups and filter changes cut down on exhaust emissions, and you’ll get better gas mileage.

When you change your oil, take your used motor oil to a recycling centre.

• Use available transit alternatives.

• Separate your garbage. Glass, aluminum, paper and even plastic can be recycled. If a recycling program is not directly available to you, contact your municipal sanitation department.

• Donate reusable clothing and linens to charity.

Most pick-up regularly in your area.

• Become environmentally active in your community.

You can make the world a better place to live... now and for future generations.

Recycle girl(19/9)-ja/ah

JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 47

Trending

Mattamy Homes celebrates 2,500th homeowner in the Calgary region

AWARD-WINNING builder Mattamy

Homes recently welcomed the 2,500th homeowner in the Calgary region to the Mattamy family, celebrating the milestone in the company’s popular masterplanned community of Cityscape in northeast Calgary.

Mattamy, which is North America’s largest privately owned home builder, first entered the Calgary market in 2009 with the successful community of Windsong (now home to 4,000 residents). Today, Mattamy operates in three communities in the region: Cityscape, Southwinds 48 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

and The Gates at Hillcrest, with plans to introduce two new large-scale master-planned communities – Carrington in northwest Calgary and Yorkville in the southwest. Carrington and Yorkville will total more than 7,000 homes at completion.

“Mattamy is very proud of our roots in Calgary and the surrounding area, and we are excited to be able to continue our commitment to

delivering thoughtfully planned communities and the best homeowner experience,” says Don Barrineau, president of Mattamy’s Calgary Division. “Certainly we’ve all been experiencing a challenging economy and housing market, but we continue to see a bright future in Calgary.”

For more information, visit mattamyhomes.com

Buyers’ Resources | MORTGAGE RATES

Compare mortgage rates for your best deal CHARTERED BANKS

variable

ATB Financial Alterna Bank

6 months

1 year

2 years

2.5000

4.1000

3.0400

2.3900

2.6000

4.0000

2.7900

2.7400

3 years

4 years

5 years

2.6400

2.6900

2.8900

2.5900

2.8400

2.8400

Alterna Savings

2.6000

4.0000

2.7900

2.7400

2.5900

2.8400

2.8400

Bank of Montreal

2.8500

4.2000

3.0900

3.1900

3.5900

4.0900

4.8400

Bank of Nova Scotia

2.7000

4.5500

3.2900

3.0900

3.3900

3.8900

4.4900

CIBC Mortgages

2.7000

3.1400

2.8400

2.7900

3.3900

4.0900

4.7900

Caisses Desjardins

2.7000

4.4000

3.1400

3.2400

3.3900

3.8900

4.7400

Canadian Western Bank

2.9000

4.0000

3.1400

3.0400

3.6500

4.2000

4.7400

Canadian Western Trust

2.9000

4.0000

3.1400

3.0400

3.6500

4.2000

4.7400

Comtech Credit Union

-

6.2000

2.8400

2.8900

2.9500

2.9900

2.8900

DUCA Financial Services

2.5000

-

3.0400

2.9400

2.9400

3.1400

2.6900

Effort Trust

-

4.4500

3.3500

3.5000

3.7000

4.3000

4.3500

Equitable Bank

-

-

3.1400

3.0400

3.6500

4.3900

4.6400

First Calgary Financial

-

4.0000

2.8900

2.8900

2.6400

2.7900

2.9400

First National Financial

2.3500

3.1000

2.6400

2.6400

2.6400

2.8400

2.9400

FirstOntario Credit Un.

2.7000

4.3400

2.7900

2.4900

2.6400

2.7900

2.8900

HSBC Bank Canada

2.8000

4.4500

3.1400

3.1400

3.3900

4.0900

4.6400

Home Trust Company-Agent

2.5000

3.9500

2.6900

2.1400

2.3400

2.5900

2.7900

ICICI Bank Canada

3.0500

-

2.6400

2.6400

2.6400

3.1900

3.2900

Investors Group Trust

2.8500

4.2000

3.1400

3.0900

3.3900

3.8900

4.6400

Kindred Credit Union

2.7000

-

3.3500

3.3500

3.4000

3.4000

3.2900

Laurentian Bank Canada

2.7000

4.4000

2.8900

3.0400

3.3900

3.8900

4.7400

League Svgs & Mortgage

-

4.4500

2.9900

2.5900

2.7400

2.7400

2.9400

Libro Credit Union

-

3.7500

2.6000

2.6500

2.6900

2.6900

2.6900

London Life

2.8500

4.2000

3.1400

3.0900

3.3900

3.8900

4.6400

Manulife Bank

2.7000

4.4500

3.0000

2.9400

2.8400

2.9400

2.9900

Manulife Trust

-

4.4500

3.0000

2.9400

2.8400

2.9400

2.9900

Meridian Credit Union

2.4000

4.0000

2.8400

2.7900

3.3900

3.8900

2.6400

National Bank

2.7000

4.4000

3.1400

3.0400

3.3900

3.8900

4.7400

PACE Savings & Credit Un

-

5.0000

3.0400

2.8400

3.3900

3.8900

4.4900

Parama Credit Union

2.6500

-

2.8000

2.8500

2.9500

3.0500

3.1500

Peace Hills Trust

-

4.5000

3.1500

3.5000

3.7500

3.8500

3.9500

President's Choice Fin'l

2.7000

6.1900

3.1400

2.7900

3.3400

3.9900

4.4400

Rapport Credit Union

2.8500

6.0000

3.0900

3.0400

3.5000

3.0400

2.9900

Royal Bank of Canada

2.7000

3.1400

3.1400

3.0400

3.6500

4.3900

4.6400

Steinbach Credit Union

-

-

2.3900

2.3900

2.4900

2.5900

2.6900

T-D Mortgage

2.8500

3.1400

3.0400

2.8400

3.4400

3.8900

4.6400

Tangerine

2.7000

-

3.1900

3.2400

3.4900

3.6900

3.7900

WFCU Credit Union

-

4.4500

3.0000

3.0400

3.6500

4.3900

4.6400

Your Neighbourhood C.U.

-

-

2.7990

2.8900

3.0900

3.1500

2.9400

ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator PREPARED BY CANNEX ON JANUARY 19, 2017 This information is current as of the date and time posted and is subject to change without notice. © Copyright 2016 CANNEX Financial Exchanges Limited. All rights reserved.

JAN 27 - FEB 24, 2017 | NEW HOME GUIDE 49

›› CALGARYREGIONEAST NOTE: Map is just a graphic representation of areas of developments.

See ad of a particular project for more details.

2

4

3

STRATHMORE 1

CALGARY

CHESTERMERE 797 LANGDON

22X

22X

S

LEY

HERITAGE POINTE

BLACK DIAMOND

2

OKOTOKS

CHESTERMERE 543 RAINBOW FALLS 22 DEVELOPER: Truman Developments HIGH RIVER BUILDER: Jager Homes, Lionsworthe Homes, Douglas Homes, ReidBuilt Homes

WESTMERE

DEVELOPER: Melcor BUILDERS: Lifestyle Homes, ReidBuilt Homes

SHORES ON WESTMERE

DEVELOPER: Melcor BUILDERS: Homes by Avi, Albi Homes

KINNIBURGH

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

2A 04 BUFFALO HILLS (coming soon)

BUILDERS: Prominent Homes Douglas Homes, Klair Custom Homes Prominent Homes, Mapeland Homes

LAKEPOINTE

DEVELOPER: Mattamy Homes BUILDER: Mattamy Homes Sales centre 400 Westpark Dr.

LANGDON BOULDER CREEK ESTATES

DEVELOPER: Harmony Park BUILDERS: Stepper Custom Homes, Broadview Homes

HANSON PARK

DEVELOPER: Hanson Park Developments BUILDERS: Canaco Homes Ltd, Ovation Homes Ltd, Douglas Homes

STRATHMORE THE RANCH IN STRATHMORE DEVELOPER: United BUILDERS: Jager Homes and WestView Builders

WILDFLOWER RANCH IN STRATHMORE

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

EDGEFIELD IN STRATHMORE

DEVELOPER: Pollyco BUILDERS: ReidBuilt Homes, Ovation Homes, WestView Builders, Aquilla Homes www.edgefieldstrathmore.com

LYALTA 03 THE LAKES OF MUIRFIELD

BUILDERS: Douglas Homes, Today’s Homes, Ribero Homes and Compass Rose Homes

SEARCH ONLINE ypnexthome.ca

50 YPNEXTHOME.CA

start your search here.

Whether you’re renting or buying, finding your next home has never been so easy.

THE MATTAMY WAY MEANS YOUR HOME, YOUR WAY

70,000 homeowners trust Mattamy Homes – because Mattamy listens. Our homes and neighbourhoods are designed based on what you want and how you live.

We call it The Mattamy Way, and it ensures that you get the kind of home you want at the best value.

For more information, visit mattamyhomes.com or visit our Sales Centre.

AIRDRIE

AIRDRIE

Manor Townhomes Starting From $319,990

SALES CENTRE 907 Windsong Drive 403-980-8765

SALES CENTRE HOURS

CALGARY

Village Townhomes Starting From $262,990

Village Townhomes Starting From $274,990

Single-Car Garage Homes Starting From $359,990

Laned Homes Starting From $414,990

Double-Car Garage Homes Starting From $404,990

Single-Car Garage Homes Starting From $425,990

SALES CENTRE 907 Windsong Drive 403-980-8765

Monday - Thursday 1 pm-8 pm; Friday 1 pm-6 pm; Saturday, Sunday and Holidays 11 am-6 pm

All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. E.&O.E.

SALES CENTRE 10520 Métis Trail NE 587-755-1061

MATTAMYHOMES.COM/CALGARY