Edmonton New Home Guide - Jul 3, 2015

July 3 - 31, 2015 Volume 27 Issue 07

Edmonton Edition

INSIDE THIS ISSUE

EDMONTON MARKET STILL GOING STRONG

Q&A WITH DESIGNER JILLIAN HARRIS

HOW MUCH DO YOU PAY IN MORTGAGE INTEREST?

start your search here.

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

7

KEY FACTORS FOR LEADING EDGE HOMES

A New Performance Benchmark for the Industry

7

STRENGTH MATTERS

6

EFFICIENCY IS IMPERATIVE

The materials and process used to build a new home dramatically affect the strength of that home. Make sure your home starts with a strong foundation built to the unique needs of the lot’s soil. Then, be sure to use engineered lumber throughout the home, and add spray foam to the walls to strengthen them further.

Energy efficient homes use minimal energy to stay very comfortable. Triple pane low-e argon filled windows combined with spray foam insulation make a great building envelope. A Heat Recovery Ventilator (HRV) and Tankless Hot Water System are also key technologies. Energy efficient homes create a win-win-win: for thethe earth, your You’ll love Morrison pocketbook, and your family’s comfort.

4

HEALTHY HOMES HELP YOU

Air pollution, radiation from technology, and toxins in our food and body products give our bodies enough work. Why not lighten your body’s load by having a home with a great building envelope that protects you from outdoor pollutants and allergens? Also make sure your home’s building OSB is free of carcinogenic urea-formaldehyde, only use water based lacquer, and choose paints and grouts low in VOCs. Additionally, opt for spray foam insulation, as it mitigates mould growth.

3

PRECISION IS PARAMOUNT

The precision with which each part of your home fits together has a huge impact on how well it can function - from keeping the air healthy to minimizing energy requirements. A home’s every piece and part needs millimetre precision.

This requires talented people doing their best work with the help of leading edge technology like climate controlled building space, robotics with millimetre precision, mechanical muscle, and engineered lumber. People plus technology create a home of uncompromised quality.

Everything you want from a builder;SUSTAINABILITY a great reputation.

SENSE 2 MAKES Honesty. Care. Oh, and aSustainability really great kitchen. means that all humans and natural

5

DURABILITY DRIVES VALUE

A home is your largest investment. You can live

systems can continue to have living conditions

building experience. and enough resources to flourish forever. We build

homes that last using building methods that are easy on the earth, like sourcing safe local materials that last, minimizing construction waste and demand for natural resources, and crafting homes with reduced energy demands – or that produce their own energy using solar power!

Morrison Homes is by your side through the whole building process, offering attention, followin a durable home for much longer with minimal through and choice. Add our unmatched record of customer satisfaction and over 50 years of maintenance costs, and enjoy a home that shows crafting quality homes in Alberta, and we’re just about the best friend a homebuyer could have.

1

STYLE IS MORE THAN

little wear and tear. Millimetre precision (from SKIN DEEP building with cutting edge technology without THE HOMEBUYER’S BEST FRIEND TM Explore a gallery, floorplans, showhome maps and more at MorrisonHomes.ca harsh outdoor weather or human error) as well The expression of style through the most visible as unmatched strength (through spray foam layer of a home is very important. Our in-house insulation and engineered lumber) is key to a team of cutting edge professional Interior durable home.

Designers ensure that every Landmark Home has sublime style. But, just like people, the most VISIT US IN McCONACHIE *Prices shown beautiful homes are gorgeous inside and out.

We include home, lot & GST, are love putting the stylish finishing touches on our Front Garage Homes Duplex Homes subject to homes because they ofavailability, what’sand Fromexpress the beauty From * * LandmarkHomes.ca the efficiency, durability, health, the may change inside them: strength, without notice. precision and sustainability. it’s what’s inside

$350s

$450s

Mark McGhee • 587.520.0932

5916 175th Avenue NW Lucy Duggins • 587.521.4033

With unexpected luxury features and life-enhancing layouts, every detail of an Averton home is created with the highest regard for design integrity and value. From townhomes to breathtaking custom estates ranging from the low $300s to over $1 million, Averton Homes has a home designed for you.

Visit our website at averton.ca

6

RANGE ROAD 270

CENTURY ROAD

HWY 16A

LIMITED TIME OFFER $399,900 including lot and gst

ST. ALBERT

(few lots remaining)

Two storey plans from 1508 sq ft to 2864 sq ft.

HWY 16

Located at the base of Grove Drive - accessible directly from Century Road via Hwy.16 or 16A.

EDMONTON

170 STREET

HWY 2

Call 780.638.0175 prescott@averton.ca

14 Prescott Blvd.

Spruce Grove

ANTHONY HENDAY

Walking distance to a new K-9 school and 60-acre Jubilee Park.

DON’T MISS OUT

ANDERSON WAY

Final Phase of Luxury Single Family Homes from the low 500’s ST. ALBERT

Best neighborhood in the Southwest, within walking distance to a new K-9 School.

Two storey plans from 1804 sq ft to 3630 sq ft.

Call 780.638.0174 HWY 16 ambleside@averton.ca

2903 Anderson Court Accessible off of Anthony Henday Drive and Terwilligar Drive.

EDMONTON

ELLERSLIE ROAD

HWY 2

ANTHONY HENDAY

3 CAR GARAGE MODELS Legal basement suite options

heritage valley

New showhome now open: Prestigious location in a beautiful setting in the Heritage Valley.

Two storey plans from 1974 sq ft to 3630 sq ft. Single Family Homes from the low 500s.

Call 780.638.2462 graydon@averton.ca

1303 Graydon Hill Way Accessible off of Anthony Henday Drive and Ellerslie Road.

averton.ca 7

contents JULY 3 - 31, 2015 | | VOLUME 27 ISSUE 07

Community Profile

P. 31

GET CLOSER TO NATURE AT ALLARD IN HERITAGE VALLEY

features & editorials IN EVERY ISSUE

10

Editor’s Note

COLUMNISTS

16

IN THE NEWS

19 26

Mortgage Interest

Canadians expect to pay $60K in mortgage interest

Housing

Will the housing outlook improve as quickly as it fell?

20 24 46 66

CHBA - Alberta

Edmonton still going strong

HOMEBUYERS’ HELP

31

Community Profile

36

New Homebuyers’ Resource Section

by Jim Rivait

Homebuyers’ Help

Paving stone vs. concrete

by Shane’s Landscaping & Contracting

Fundamentally Speaking Alberta recreational property on sale – maybe

63

by Wayne Karl

Home Sweet Home

Low rates changing Canadians’ mortgage habits

by Lydia McNutt

Make Your Move

Pack your misconceptions

by Chuck Resnick

76

Get closer to nature at Allard in Heritage Valley Mortgage calculator and rate table

Showhome Review

Sterling Homes – explore the Sahara & Sensation duplex

by Salina Yara Halabi

Web Directory

Edmonton area builders, developers and communities

ON THE COVER

p. 22

Jul 3 - 31, 2015 Volume 27 Issue 07

PRESIDENT, YELLOW PAGES NEXTHOME

Edmonton Edition

Jacqueline Hill

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge

CREEKWOOD

DIRECTOR OF SALES, NATIONAL

Moe Lalani

Life slowed down

SENIOR SALES MANAGER, WESTERN CANADA

Edwin Rizarri ART DIRECTOR

Victoria Cigan EDITOR

Wayne Karl CONTRIBUTING EDITORS

Sara Duck (on leave) Elisa Krovblit Lydia McNutt SENIOR MEDIA CONSULTANTS INSIDE THIS ISSUE

EDMONTON MARKET STILL GOING STRONG

Q&A WITH DESIGNER JILLIAN HARRIS

HOW MUCH DO YOU PAY IN MORTGAGE INTEREST!

63

Jennifer Mizier 780.217.6778 Nancy Chemait 780.619.3241 NATIONAL CIRCULATION MANAGER

John Jenkins

PRODUCTION CO-ORDINATOR

Greg Van Sluytman GRAPHIC DESIGNERS

Viosa Barileva Miguel Cea MANAGER OF PRODUCTION

Bala Gnanapandithan

The Edmonton New Home Guide is a free publication with distribution every four weeks. Submit articles or advertising to PO Box 458. Station Main, Edmonton, Alberta T5J 2K1

62 district maps 021

Southwest

051

Northeast

029

South

056

St. Albert

039

Leduc

057

Northwest

041

Beaumont

067

West

043

Southeast

074

Stony Plain

048

Sherwood Park

075

Spruce Grove

049

Fort Sask

ypnexthome.ca COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Limited, 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. Yellow Pages NextHome 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@ypnexthome.ca.

//EDITOR’S NOTE

Long-term commitment Will afford you peace of mind

W

hether you’re relocating from one coast to the other or moving to your first place, changing homes can be hectic, exciting and certainly stressful. But, relax.

You can eliminate the anxiety associated with moving by taking control of the situation with confidence.

Understanding the market is just part of the story. Knowing what you need and what you can afford is the more important part of the equation.

Making a prudent purchasing decision

that doesn’t keep you up at night when interest rates rise or market news becomes the talk of the town is up to you.

Any expert will tell you that buying a home or condo is a longterm commitment. This issue is full of great tips from the experts, as well as the latest news designed to help you make a wise purchasing decision.

Along with our community profile features, which outline the specifics on many fine communities, there’s lots to take in. So kick back, relax and enjoy. You’re in the driver’s seat.

Buyers’ or sellers’ market?

Understanding the current conditions of your market will help you plan, time and execute your decision

W

hen buying or selling a home, it’s important to know the current conditions of your market. Is it a buyers’ or sellers’ market? Knowing the difference could help you time, plan and execute your transaction.

And, of course, there’s a third possibility – a balanced market – and that’s where most major Canadian centres sit, according to the Conference Board of Canada.

In the organization’s June 2015 Metro Resale Snapshot, a rising sales-to-listings ratio between April and May in 18 areas indicated broad market tightening.

Balanced conditions prevailed in 16 markets, while seven were in a buyers’ state and five favoured sellers. Eleven areas – including Edmonton – enjoyed at least a five-per-cent increase.

Despite stronger sales, listings rose in only 14 markets between April and May, and in 17 areas from May 2014.

The monthly increases were invariably small; only five areas had a gain of at least five per cent.

It might surprise you to learn that, despite all the publicity due to the oil slump, Edmonton remains in balanced territory. This speaks to the long-term health of this market.

10 NEW HOME GUIDE | JULY 3 - 31, 2015

MAT

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Quick Possession Homes Available Today In A Golf Course Setting Coloniale Estates is a fully master-planned community within a spectacular golf course setting. Of course, all homes offer the benefits of the thoughtful design and exceptional level of finish upon which Mattamy Homes has built our reputation.

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Two Trees

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Single Family Homes From 1,480 Sq.Ft. to 2,681 Sq.Ft.

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505,154* - IMMEDIATE POSSESSION

FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM FOLLOW US: SALES CENTRE HOURS: Monday to Thursday 2pm-8pm; Friday to Sunday and Holidays 12pm-5pm **Starting price does not include any potential lot premiums. *All illustrations are artist’s concept. All dimensions are approximate.

Prices, specifications, terms and conditions subject to change without notice. E.&O.E.

MATEDMONTON-1019436-MH_CE_NHG_Mag.indd 1

2015 Awards of

EXCELLENCE in HOUSING 11

2015-06-22 12:26 PM

RAY GIBBON DR.

M AR K

M ES

SIE R TR A IL

RT BE AL

MERIDIAN STREET (0 St.)

ST.

137 Ave.

AIL TR

DR.

Lessard Road DR.

QE II

James Mowatt Trail

127 St.

141 St.

170 St.

Cameron Heights Drive

*LEERQV

Interchange

28A

EDMONTON & REGION Check Each Area District Map For More Information

&DOPDU

Custom Home Building with exceptional quality and service since 1984.

We transform your ideas into a home designed to fit your family’s needs and budget. Whether on your own lot, acreage, in-fill lot, or one of our available lots, experience the difference a small volume builder can make in constructing your dream home!

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ERHBA MEMBER

12 NEW HOME GUIDE | JUN JULY53 -- JUL 31, 3, 2015 2015

Everything you want from a builder; a great reputation.

Honesty. Care. Oh, and a really great kitchen.

You’ll love the Morrison building experience.

Morrison‘Lots-on-the-go’ Homes is by your side through the whole building process, offering attention, followThe Stage. through and choice. Add our unmatched record of customer satisfaction and over 50 years of crafting homes in Alberta, we’re just about the bestStage friend aMortgage homebuyer could have.

If thisquality is where you’re at inand life, the Servus Life

can giveayou a little extra money to go towards swimming lessons, Explore gallery, floorplans, showhome maps and more at MorrisonHomes.ca hockey, soccer, ballet and the second car you’ll likely need.

THE HOMEBUYER’S BEST FRIEND TM

See how you can own a home in any stage of life.

Visit servus.ca/mortgages.

VISIT US IN McCONACHIE MORTGAGE RATE

Duplex Homes REBATE 1% LIFE STAGE From the

$350s

PROFIT SHARE

*

Mark McGhee • 587.520.0932

Personal | Mortgages | Investments | Loans | Insurance | Business

Front Garage Homes From the

$450s

*

*Prices shown include home, lot & GST, are subject to availability, and may change without notice.

5916 175th Avenue NW Lucy Duggins 587.521.4033 Feel •good about your money.

The Estates

at Waters Edge R

ecreational lake front property has long been exclusively thought of as a summer treat. From that first warm weekend at the end of May, residents of cottage country do their best to squeeze in as much time at the lake before the leaves and snow fall.

There is, however, a new development in Alberta that offers the exclusive benefits of lakeside living year-round. Whether prospective buyers are looking for a weekend retreat or a permanent residence, The Estates at Waters Edge offers unique, single-family homes to accommodate a range of budgets and lifestyles.

This secure, gated development is situated 45 minutes west of Edmonton on the shore of Lac St. Anne. As a perennial community equipped with resort-style amenities, residents enjoy the beauty that every season has to offer.

Summer activities include water sports, fishing, walking, biking, or golfing at a nearby course.

Winter brings its own selection of outdoor activities, including snowmobiling, cross-country skiing, snowshoeing, and ice fishing. For skating and hockey enthusiasts, there is an outdoor NHL-sized ice rink, complete with a skate change and warm-up facility. Access to a private boat launch and a maintained marina allows for carefree boating enjoyment. For social gatherings, a clubhouse, featuring a kitchen, dining area and games room, can accommodate gatherings both small and large.

Home designs are created in-house by the Waters Edge Architecture Team to keep turnaround time to a minimum. Most home builders charge a fee for any changes to their plans, however, this service is complementary for buyers who choose to build with Waters Edge.

Owners can also choose to purchase an undeveloped lot and construct with their preferred builder as long as the proposed design fits within the architectural and landscaping guidelines.

14 NEW HOME GUIDE | JUN 16 JULY53 -- JUL 31, 3, 2015 2015

Waters Edge homes have been designed in a timeless Craftsman-style and are available in an array of two to four bedroom floor plans ranging from 1,150 to 2,500+ sq.ft.. Layouts and room sizes are completely customizable to ensure that each plan meets the buyer’s needs. Yards are fully landscaped and can include a choice of parking pad, attached or detached garage. A variety of high-quality interior finishing packages are also available and owners can rest easy knowing that their residence comes with a 10-year Progressive Home Warranty to ensure the highest home construction quality.

Lot prices start in the low $100,000’s, and two bedroom residences with completely landscaped lots start in the low $300,000’s.

Two brand new showhomes are now open and available for immediate possession. Contact Mike at 780-405-6378 or 1-877-405-1105 or visit watersedgeestates.ca for more information.

You’re ready to make your move

Convenient appointment, day or night, home or office • Competitive rates on a wide selection of mortgages •

For convenient mortgage service, contact: Nancy Bruno-Romeo Mobile Mortgage Specialist Tel.: 780-973-8892 Cell: 780-908-7183 nancy.bruno@bmo.com What’s next for you?

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JUN JULY 5 - 3JUL - 31, 3, 2015 | NEW HOME GUIDE 15 17

// INDUSTRY UPDATES – CHBA - ALBERTA

Edmonton still going strong » by JIM RIVAIT

JIM RIVAIT

Jim Rivait is Chief Executive Officer of CHBA – Alberta. Starting his career working in government, Jim spent the last decade working in the private sector specializing in government relations, advocacy, strategic communications, policy development/analysis and association management.

Edmontonians are demonstrating their continued confidence in the Capital Region’s bright economic future by investing in new homes Builders have started work on 8,000 new homes so far in 2015 – a surge of over two-thirds from already strong levels last year. Interest in the multi-family sector is driving a lot of that activity but single family construction is up a solid 5% with almost 2,500 home starts.

That strong performance isn’t what some housing market analysts expected back in January but the Alberta economy has shown great resilience in the face of lower oil prices. A look at the fundamentals helps explain why.

For one thing, the province continues to be seen as a beacon of opportunity. Alberta gained another 6,700 in population in the fi rst three months of the year because of people voting with their feet – more people moved to the province than moved out. A rising population creates demand that helps generate new investment and employment.

The labour market is also a sign of strength. A year after oil prices dropped from $100-plus a barrel Alberta’s economy has created 38,000 new jobs – 6,000 of them in Edmonton.

The province’s 5.8% unemployment rate is a full point below the national average and only Saskatchewan and Manitoba boast lower levels.

Home buyers today also benefit from low interest rates. It seems hard to believe now that in the 1980s home buyers faced five-year mortgage rates of more than 15% and some unlucky buyers locked in at rates above 20%. That was like having your mortgage on a Visa card.

Financial institutions now offer five-year rates of around 2.75% and that allows borrowers to make rapid progress on paying off debt.

To keep the math simple let’s use $100,000 as the loan amount and a plan to pay that off in 25 years.

In the fi rst year of a 15% mortgage, less than $500 would be knocked off the principal and interest charges over 12 months would top $14,000. At 2.75%, the new homeowner in

16 NEW HOME GUIDE | JULY 3 - 31, 2015

the fi rst year of the mortgage would pay off almost $2,800 in principle – interest charges would be less than that.

Edmonton also remains an attractive market compared to many Canadian cities.

A recent RBC Economics report shows that buying a standard twostorey home here would require a qualifying income of about $84,000.

Payments for the mortgage, utilities and taxes would eat up about 35% of a household’s monthly payments.

Buying the same house in Toronto would require income of $146,000 and payments would consume 67% of the family budget. The numbers are almost off the charts for Vancouver.

Edmonton’s healthy and affordable housing market is an advantage that extends to the wider economy. A recent study for CHBA showed that residential construction in metro area generates 52,500 jobs, wages of $3.4 billion and $6.9 billion in investment.

That’s a huge boost to the local economy and another reason Edmonton remains a smart place to invest in the home of your dreams.

The Canadian Home Builders’ Association – Alberta represents over 1,500 business members including new home builders, renovators, developers, trade and supply companies, and professional services.

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montorio.ca VISIT ONE OF OUR SHOW HOMES TRUMPETER AT BIG LAKE 12908 - 207 Street | NW Edmonton 780.249.9110 HARVEST RIDGE 153 Harvest Ridge Drive | Spruce Grove 780.571.1881 HAWKS RIDGE 504 Merlin Landing | NW Edmonton 587.984.8339 WALKER SUMMIT DUPLEX 5268 & 5270-20 Avenue South | SE Edmonton 587.521.8890 WALKER SUMMIT 5439-20 Avenue South | SE Edmonton 587.521.8588 74_Built Green(20/6)

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JULY 3 - 31, 2015 | NEW HOME GUIDE 17

/

City Homes

18

Morrison Homes

//IN THE NEWS

//IN THE NEWS

CANADIANS EXPECT TO PAY CAN $60K IN MORTGAGE INTEREST$60K It’s a scary question many homeowners are afraid to answer: how much will your mortgage interest total over the lifetime of your mortgage? Well, wonder no more – a recent poll from BMO Bank of Montreal has the answer: $60,000.

But that’s the average for Canada overall.

Some will pay more, some less.

•

•

•

While the average amount Canadians expect to pay in mortgage interest is $57,938, the figure rises to its highest in Canada for residents in BC at $95,891. Homeowners in Atlantic Canada expect to pay the least, at $35,454 Canadians expect an increase in interest rates over the next five years (60 per cent), with 48 per cent expecting a small increase and 12 per cent a large increase Most Canadian mortgage holders (67 per cent) currently hold a fixed rate mortgage, sheltering them against any potential upswings

“It’s quite telling of the extended low-rate environment that a sizeable percentage of respondents do not expect interest rates to go up in the next five years,” says Sal Guatieri, senior economist, BMO Capital Markets. “Hopefully, many have not been lulled into thinking that rates will never go up, as they could be tempted into taking on too much debt.”

It’s not surprising that British Columbians are paying the most mortgage interest, as house prices in that

province are the highest in the country, he says. The average was $623,000 inIt’s April, a scary question man compared with $437,000 nationwide and $456,000 in Ontario. are afraid to answer: ho “In any interest rate environment, it’s important that Canadians stress-testyour theirmortgage interest mortgage against a higher rate to ensure they can afford it over the long term,” lifetime says of your mortga Martin Nel, vice-president of personal lending and investment products, BMO wonder Bankno more – a rece of Montreal.

BMO Bank of Montreal answer: $60,000.

AVERAGE AGE OF MORTGAGE FREEDOM INCHES HIGHER On average, Canadians expect to become mortgage-free by the age of 59 – upBut from that’s the average for 58 in the last two years. One-third (31 per cent) expect still to be making mortgage Some will pay more, som payments on their 65th birthday. “Considering a shorter amortization of 25 years or less can help Canadians save thousands of dollars in interest rate costs over the•life of While the average the mortgage; this improves long-term affordability, while ensuring Canadians pay Canadians expect down their mortgage faster and begin building equity in their home sooner,” says mortgage interest i Nel. figure rises to its h Canada for residen $95,891. Homeow TIPS TO BECOME MORTGAGE-FREE FASTER Canada expect to p Think carefully about fixed versus variable: While variable rate mortgages have $35,454 • Canadians expect been a winning strategy over the long term, fixed rate mortgages (currently near historic lows) come with the peace of mind of being insulated against rate increases.interest rates over t years (60 per cent), Stress-test your mortgage: Gauging the stability of your mortgage by stress cent expecting a sm testing it against a higher interest rate can help establish a plan to ensure long and 12 per cent a l • Most Canadian mo term affordability.

(67 per cent) curren rate mortgage, she Understand every step of the homebuying journey: The BMO Home Buyers Guide provides advice and information designed to guide buyers through the process of against any potent financing, choosing and purchasing a new home.

“It’s quite telling of the ex environment that a sizeab of respondents do not exp rates to go up in the next Sal Guatieri, senior econ Capital Markets. “Hopef not been lulled into think will never go up, as they tempted into taking on to It’s not surprising tha Columbians are paying t mortgage interest, as hou

JULY 3 - 31, 2015 | NEW HOME GUIDE 19

//HOMEBUYERS’ HELP

MORE GREEN SPACE. Paving stone vs. concrete » by SHANE’S LANDSCAPING & CONTRACTING LTD.

If the prep work required for a long lasting paving stone job is not done correctly, the results can be an expensive repair after one season, not to mention potentially dangerous. Today, paving stones are available in several design possibilities; affording you the opportunity to create a more visually pleasing and unique paved surface with the variety of shapes, sizes and colours choices. Working together with your landscaping contractor is vital to the long term success and durability of your paving stone project.

At Shane’s Landscaping & Contracting, we recommend using paving stones on driveways in an interlocking pattern, since this is proven to be the most durable for vehicular traffic. Our skilled, certified installers can lay your driveway with added Photo courtesy of SLC Ltd. No other south Edmonton development has more touches green space. such as lighting and individual design choices, Swaths of natural forest. Naturalized parks. Unmatched river andmaking your driveway the envy of the neighborhood. We stand ravine views. Build your new home in a natural environment. by the quality of our work. We are not happy until you are happy!

Paving stone driveways and walks provide you with a unique and affordable way to add a touch of your own design and style to your home’s landscaping, while increasing the overall value.

The reasons to install a paving stone driveway versus pouring a concrete slab are endless; adding beautiful curb appeal is only the beginning. The benefits are many. In our shifting climate, concrete slab driveways and sidewalks are prone to cracking, and developing unsightly lines that get worse with every freeze and thaw cycle.

Concrete has no outlet for the expansion and contraction that happens with seasonal change. Paving stones are a much better option in Alberta – since they are a “flexible pavement,” paving stones are able to move with freezing and thawing, thereby avoiding cracks. Paving stones are manufactured with less water content than “poured in place concrete,” so the stones are more durable and last longer. Not only will your driveways and walks look nice and last longer, you will have also considerably increased the value of your home.

It is important to meet with a qualified landscaping contractor who has installed many paving stones projects. Ask a few simple questions, ask to see photos of similar work that has been completed and ask for references you can contact. A quality landscaping professional should put you at ease with their experience, and should have a website for you to view their work and credentials.

Shane’s Landscaping & Contracting COME EXPLORE OUR RIVER LOTS ODAY . specializes in Ltd. isT locally owned and

residential, estate and acreage landscape construction. From patios to water features, driveways, retaining walls, lighting, walkways, fences, irrigation, garden beds, boulders, barbecue, fi re pits and the new synthetics grasses, we can help make your landscaping beautiful. Planning your landscaping is an exciting time and we are here to help. Our team of friendly knowledgeable and hardworking staff can make your landscaping dream a reality. Call us now for a consultation at 780.983.8233 or view our portfolio at shaneslandscaping.com

NEW PHASE NOW SELLING!

BEAUTIFUL by Nature

www.keswick-edmonton.com

DEVELOPER: Windermere Lands Ltd. BUILDERS: Bedrock Homes LOCATION: 170th Street & Ellerslie Road

10 CHAPPELLE GARDENS

DEVELOPER: Brookfield Residential BUILDERS: Lincolnberg Master Builder, Daytona Homes Master Builder, Look Master Builder, Homes By Avi, Brookfield Homes LOCATION: South of Ellerslie Road & West of 141 Street.

11 ONE AT WINDERMERE

DEVELOPER: Beaverbrook Communities BUILDERS: Bedrock Homes, Dolce Vita Homes, Western Living Homes, Sunny Valley Homes, Ace Lange Homes, Kanvi Homes, open LOCATION: Winderemere Blvd. West of 170 Street

12

12 AMBELSIDE SOUTH 1 AMBLESIDE IN WINDERMERE

5 KESWICK ON THE RIVER

DEVELOPER: MLC / Cameron Communities BUILDERS: Cameron Homes, Hillview Master Builder, Kimberley Homes, Landmark Homes, Parkwood Master Builder, Aacropolis Homes, Ace Lange Homes, Carriage Signature Homes, Perry Signature Homes, Pacesetter Homes LOCATION: West of 180th Street and South of Ellerslie Road (9th Ave)

DEVELOPER: Windermere Ambleside II Ltd. BUILDERS: Marcson Homes, Bedrock Homes, Kimberley Homes, Homes by Avi, Kanvi Homes, Connect Homes, Averton Homes LOCATION: Terwillegar Drive and Anthony Henday Drive

2 LANGDALE IN WINDERMERE

6 WINDERMERE RIDGE

DEVELOPER: Qualico Communities BUILDERS: Coventry Homes, MacLachlan & Mitchell Homes, Pacesetter Homes, Sterling Homes, Rohit Communities, Marcson Homes, Augusta Homes 7 LOCATION: 170 St & 7th Ave. S.W.

3 GLENRIDDING

Developer: UnitedCommunities Builders: RSL - Homesby Avi, Pacesetter, Parkwood Homes, Landmark Homes. RPL - Pacesetter, Landmark Legacy Homes, Duplex Homes (front attached Garages) - Parkwood Homes, Landmark Legacy. Duplex Homes (rear attached garages) - Homes by Avi LOCATION: 156 Street & Ellerslie Road

4 UPPER WINDERMERE

DEVELOPER: Beaverbrook Communities BUILDERS: Averton Homes, Homes by Managen, Mac & Mitch Homes, Open LOCATION: Windermere Blvd. West of 170 St.

southwest

9 WINDERMERE SOUTH

DEVELOPER: Beaverbrook Communities.

BUILDERS:Las Palmas Estate, Marco Antonio Homes, Open LOCATION: Windermere Blvd., West of 170 St.

JAGARE RIDGE

DEVELOPER: Melcor Developments Ltd BUILDERS: AceLang Construction, Canyon Springs Master Builder, Birkholz Homs, Hillview Homes, Carriage Custom Homes, Kanvi Homes, Perry Signature Homes, Kimberley Custom Homes LOCATION: South on Ellerslie and 141 street

8 CREEKWOOD CHAPPELLE

DEVELOPER: Delcon Creekwood BUILDERS: Artisan Homes, Bedrock Homes, Homes by Avi, Kimberley Homes, ReidBuilt Homes, Connect Homes, Thomsen Built, Alquinn Homes, Averton Homes, Klair Custom Homes, Prominent Homes T:6.75” LOCATION: South of Ellerslie Road & West of 141 Street

DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Coventry Homes, Connect Homes, LOCATION: Ellerslie Road & 170th Street

13 GRAYDON HILL

DEVELOPER: MLC Group BUILDERS: Averton Homes, Marcson Homes, Parkwood Master Builder, Landmark Communities, Lincolnberg Master Builder, Pacesetter Homes LOCATION: Ellerslie Rd, west of 127th St SW

14 GLENRIDDING HEIGHTS

DEVELOPER: Rohit Land Development BUILDERS: Crimson Cove Homes, d’Cor Homes, Lincolnberg Master Builder, Pacesetter Homes, Rohit Communities LOCATION: South of Ellerslie Road, East of 170 Street

15 PAISLEY AT HERITAGE VALLEY

DEVELOPER: Brookfield Residential BUILDERS: Innovations by Jayman, Brookfield Residential, Daytona Homes Master Builder, Coventry Homes, Homes by Avi LOCATION: South of Ellerslie Road & East of 141 Street

16 ONE AT KESWICK

DEVELOPER: Beaverbrook Communities BUILDERS: Bedrock Homes, Dolce Vita Homes, Kimberley Homes LOCATION: Hiller Road, West of 170 Street

T:1.5”

THE PERFECT BLEND PaisleyCommunity.com 21 69

A quiet calm.

An urban escape.

A convenient choice.

A variety of builders and home styles.

Find out more about Creekwood online at www.lifeincreekwood.com.

A new K-9 school in Creekwood will open fall 2017!

Alquinn Homes | Averton | Connect Homes | First Avenue Homes | Homes by Avi Klair Custom Homes | Prominent Homes | ReidBuilt Homes | Thomsen Built

LifeinCreekwood.com

Showhome Hours:

quiet | calm | convenient A SW community south of Ellerslie Road at 141 Street

22

Mon-Thurs 2-8pm Sat-Sun 12-5pm

Quiz: What kind of

home buyer are you?

WORLD TRAVELER

THE

THE

THE

THE

FASHIONISTA

PRACTICAL

FOODIE

Go online to take the quiz.

Knowing your buying personality will help you choose the perfect incentive when you buy a new home in Creekwood between June 30 and August 11, 2015.

Total incentive worth $5000!

No matter what your home buying style is, Creekwood makes it perfectly suited to you!

Family Vacation

OR

Shopping Spree

OR

Ultimate Deck

OR

Free Groceries

Visit our brand new showhomes for more information.

South of Ellerslie on 141 street.

LifeinCreekwood.com/NewHomeStyle quiet | calm | convenient 23

//FUNDAMENTALLY SPEAKING

ALBERTA RECREATIONAL PROPERTY ON SALE – maybe » by WAYNE KARL

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

Recreational property is usually the first real estate category to be hit when the economy softens, and nowhere is this true more at the moment than in Alberta.

“Mirroring the situation in the urban Alberta real estate market, the slump in oil prices and resulting unsettled consumer confidence has reduced the number of recreational properties trading hands in the province and in eastern British Columbia this spring,” Phil Soper, president and chief executive of Royal LePage, told New Home Guide.

Royal LePage recently released its 2015 Recreational Property Report, which indicated a depressed energy sector is reducing activity levels and putting downward pressure on prices.

“Prices are flat or only down slightly, year over year, as owners have been unwilling to let their properties go at a

discount,” says Soper. “The prevailing sentiment being that the current economic problems are a temporary situation.

“As with other regions of the country, Americans have woken up to the much increased purchasing power of their currency, and are shopping the streets of communities like Canmore in numbers not seen since the 2000s.”

In a roundabout way, the fall in oil prices is supporting the recreational property market this year, Soper says.

“Cheaper gasoline makes the prospect of a weekend commute to the lake a more affordable proposition. And cheap oil means a lower Canadian dollar, which has more people looking at Muskoka, Tremblant and the BC interior, and fewer casting covetous glances at Florida and Arizona. We are even seeing money making its way north, particularly in British Columbia, Alberta and Atlantic Canada, as the strong U.S. currency has increased American buying power.”

LE FOR SA

24

“

It feels like We appreciate Ambleside’s young

HOME

community dynamic and atmosphere.

I know all my neighbours and enjoy all the paths.

AMENITIES, FUTURE SCHOOL

AND FUTURE PARK’N RIDE

I wanted a safe and clean family community.

ONE WORD:

PONDS

IT’S IN WALKING DISTANCE

TO SO MANY AMENITIES.

”

The homes are beautiful.

Walking and bike paths are plentiful.

It’s central to EVERYTHING.

Those who are here are here to stay.

When you hear what real Amblesiders are saying about their community, it’s clear they wouldn’t want to live anywhere else. So with only a few final lots remaining,you’d better hurry if you want to become their neighbours.

Secure your spot in Ambleside before it fills up forever.

AmblesideWindermere.ca

25

//IN THE NEWS

WILL THE HOUSING OUTLOOK IMPROVE AS QUICKLY AS IT FELL? » by WAYNE KARL What a difference six months makes.

At its kick-off Annual Housing Outlook Conference in Toronto in November, Canada Mortgage and Housing Corp. didn’t see it coming. The forecast back then was, short of an “unforeseen economic shock,” the housing outlook for Canada overall was pretty much full steam ahead.

“The housing market does have a fairly bright outlook,” Bob Dugan, chief economist for Canada Mortgage and Housing Corp., told New Home Guide at the time. “There are a few risks we have our eye on. One of them relates to the high level of (highrise) units that are under construction.” These are trending slightly above the historic average.

Then oil went into a slide, wreaking all kinds of havoc on the economy and housing outlook.

Indeed, the impact of lower oil prices on housing markets has been marked and swift, particularly in Alberta.

“Lower oil prices are contributing to disparities between provincial housing markets,” Dugan said in releasing CMHC’s second quarter 2015 Housing

26 NEW HOME GUIDE | JULY 3 - 31, 2015

Market Outlook. “A slowdown in housing starts and resale transactions in oil-producing provinces such as Alberta will be partly offset by increased housing market activity in other provinces, such as Ontario and British Columbia, which benefit from the positive impacts of declining energy prices, a lower Canadian dollar and continued low mortgage rates.”

Once oil prices return to “normal,” will the housing outlook improve as quickly as it fell?

“The forecast presented at the 2014 Housing Outlook Conference was prepared shortly after the decline in oil prices had begun,” Dugan told New Home Guide in June. “At that time, the decline in oil prices was less pronounced and there was considerable uncertainty as to how far they might fall. As a result, the potential impacts of lower oil prices were reflected in our forecast ranges, which allowed for lower oil prices and their impacts on housing starts, MLS sales and MLS average house prices.

“Since then, oil prices have declined further, but now appear to have stabilized in the U.S.$50 to $60 per barrel range. We have seen a rapid response to these lower oil prices in the housing markets in oil producing regions, particularly in Alberta. As a result, we have made downward revisions to our forecasts and now expect declines in MLS Sales, housing starts and MLS average house prices in Alberta.

“The swiftness of any recovery will depend on how fast oil prices rise and by how much. We continue to use forecast ranges which allow for a range of possible upside and downside risks to the forecast.”

SOUTHWEST

27

SOUTH

Discover Our Shining New Showhomes South of Ellerslie Road on 66 Street

PROMO ON NOW!

28 NEW HOME GUIDE | JULY 3 - 31, 2015

Gateway Blvd.

127 St.

23 Ave.

James Mowatt Tr.

Anthony Henday

1

6 4 14 12

101 Street

QE II

50th St.

11 THE ORCHARDS AT ELLERSLIE

11

7

814

Township Road 510

Township Road 510

13

1 LAKE SUMMERSIDE

DEVELOPER: Brookfield Residential BUILDERS: Mosaic Townhomes, Brookfield Duplexes, Innovations by Jayman, Daytona Homes Master Builder, Landmark Homes, Homes by Avi, Pacesetter Homes, Landmark Classic Homes, Canyon Spring Master builder, Aacropolis Homes LOCATION: Ellerslie Rd. & Parsons Rd.

2 CALLAGHAN

DEVELOPER: Rohit Land Dev. BUILDERS: Art Custom Homes, White Eagle Homes, D’Cor Homes, Celebration Homes LOCATION: 1 km South of Ellerslie Road on 111 Street SW

3 RUTHERFORD HEIGHTS

DEVELOPER: Qualico Communities BUILDERS: StreetSide LOCATION: James Mowatt Trail & Rutherford Rd.

4 WALKER LAKES NORTH

DEVELOPER: MLC Group / Cameron Communities BUILDERS: Cameron Homes LOCATION: South of Ellerslie Rd. on 66 Street

RR243

10

41st Ave. SW

RR244

15

e.

30 Av

DEVELOPER: MLC Group / Allard Developments BUILDERS: Jayman MasterBUILT, Rohit Communities, Sterling Homes, Connect Homes, Landmark Legacy, Jaya Homes LOCATION: South on James Mowatt Trail and South of 30 Avenue SW

5

2

9

66 St.

8

Ellerslie Rd. (9th Ave.)

3

Millwoods Rd.

91 St. Parsons Rd.

Calgary Trail South

111 St.

119 St.

30 Ave.

10 ALLARD IN HERITAGE VALLEY

34 Ave.

Beaumont

5 WILLOW HAVEN

DEVELOPER: Carrington Land BUILDERS : Bedrock Homes LOCATION : 5624 - 7th ave

6 WALKER LAKES STATION

DEVELOPER: MLC Group / Allard Developments BUILDERS: Active Homes, Boss Homes, Landmark Legacy Homes, Lincolnberg Master Builder, Pacesetter Homes, Sterling Homes LOCATION: South of Ellerslie Rd. on 66 St.

7 ALLARD

DEVELOPER: United Communities BUILDERS: Caliber Master Builder, Kimberley Homes, White Eagle Homes, Parkwood Master Builder LOCATION: 111th Street & 30th Ave

8 RAVINES OF RICHFORD

DEVELOPER: Rohit Land Development BUILDERS: Celebration Homes, OPEN LOCATION: Ellerslie Road & Blackmud Creek Ravine

9 CALLAGHAN IN HERITAGE VALLEY

DEVELOPER: Brookfield Residential BUILDERS:Front attached Homes: Homes by Avi, Sterling Homes, Jayman MasterBUILT Rear-Detached Homes: Landmark Legacy Homes, Daytona Master Builder Duplex & The Grove Townhomes: Brookfield Residential LOCATION: South off of Ellerslie on 91st Street, turn east on 25th Ave SW.

south

34 Ave.

38 Ave.

39 Ave.

12 WALKER SUMMIT

DEVELOPER:United Communities BUILDERS: Landmark, Morrison and Montorio Duplex - Morrison, Montorio LOCATION: South on Ellerslie to 66th Street

13 ROYAL OAKS

DEVELOPER: Cancom Development BUILDER: Konark Homes, Cancom Homes, Infiniti Homes, Open LOCATION: South on 101 Street to Towship Road 510. Turn east to EastVistas Blvd. (follow signs)

14 AURORA

DEVELOPER: Melcor Developments Ltd BUILDERS: Bedrock Homes, Coventry Homes, Landmark Homes, Parkwood Master Builder, Trend Homes, Lincolnberg Master Builder, Melcor Homes LOCATION: South on Ellerslie at 66th street

15 DESROCHERS VILLAGES

DEVELOPER: MLC Group BUILDERS: Pacesetter Homes, Landmark Homes and Jayman Exclusive.

LOCATION: From Ellerslie Road and 11th Street, drive South on James Mowatt Trail for approximately 5 minutes. The entrance to Desrochers Villages is on the right, just south of 30th Avenue (across the street from the Allard neighbourhood).

DEVELOPER: MLC Group / JCA Financial BUILDERS: Landmark Communities, Sterling Homes, Innovations by Jayman LOCATION: South on James Mowatt Trail and North of 30 Avenue SW

Community of the year!

LakeSummerside.com

29 63

SOUTH

30 NEW HOME GUIDE | JULY 3 - 31, 2015

COMMUNITY PROFILE//

GET CLOSER TO NATURE AT ALLARD IN HERITAGE VALLEY

U

nited Communities is excited to announce the opening of their four new showhomes in Edmonton’s desirable southwest community of Allard. “We had a grand opening of four new show homes

by Parkwood Master Builder, Caliber Master Builder, Kimberley Homes and White Eagle Homes on June 13. And we’re delighted by our award winning builders’ unique homes with many fabulous features,” says Donna Bygrave of United Communities.

JULY 3 - 31, 2015 | NEW HOME GUIDE 31

//COMMUNITY PROFILE

Allard is also touted as the up-and-coming area in Heritage Valley – it’s located south of Ellerslie Road off 30th Avenue SW, just east of 111th Street. The community is close to an array of amenities and proximate to many of the city’s main arterials, including the Queen Elizabeth II Hwy. and the Anthony Henday. South Edmonton Common and the Currents of Windermere are mere minutes away; there are three golf courses nearby, oodles of professional amenities and plenty of grocery stores and restaurants.

Plans are in place for a new multi-use town centre to be the social and economic heart of the community. And when complete, Allard will have a new LRT station, unique mainstreet style shopping area, and tons of parks, walking trails and recreational space.

Speaking of recreational space, Allard’s stats for outdoor entertainment are impressive. The community touts over 27 acres of park/greenspace, 6.4 acres of which are constructed

32

wetland landscaped with natural foliage. Plus, Blackmud Creek Ravine is easily accessible for year-round outdoor pursuits. There’s also a community skating rink that’s actually used year-round for all sports.

Bygrave says that in talking with residents of Allard, “they love the walking paths that run through the entire community and even connect to walking paths in communities to the north. They are also excited about the future LRT coming to their neighbourhood, plus the fact that there is a school approved in Allard and the future Town Centre.

Allard is an up-and-coming area in Heritage Valley

“I guess it’s not possible to talk about just one thing… there are so many incredible things coming.” That includes construction of a new interchange just minutes from Allard’s doorstep. (The interchange will connect 41st Avenue SW to Hwy. 2.)

Allard has an array of housing options to choose from, and with the new stages and showhomes, there are lots of new opportunities to buy and build a home for your family to grow in. “Our earlier community development in Allard were estate homes. The lots in stages four and five are smaller, so you can build a home from somewhere in the mid $500,000s, depending on how big the home is and the finishes inside.”

To learn more about Allard and to see four showhomes by some of the city’s best home builders, visit the showhome parade at Allard Boulevard and Amerongen Crescent. You can also learn more about Allard’s home builders and amenities at allardheritagevalley.ca JULY 3 - 31, 2015 | NEW HOME GUIDE 33

TOP 10 SMALL SPACE DESIGN TIPS

BY C. MARIE HEBSON 1. STREAMLINE/DE-CLUTTER. Easier said than done I know, but is crucial in keeping your small space look larger. 3 Q’s to ask when decluttering, Do I love it? Do I need it? Have I used it in the last year?

Storage, storage, storage. Whenever possible use built-in storage to optimize your space. Look in japanese or asian inspired design books for inspiration and storage ideas. They are masters at small space planning!

2. SCALE. “LESS IS MORE.” Don’t get stuck buying all “apartment-sized” furniture—you live in a small space, but not a doll house. If you must have that large sofa, then pair it down with smaller dining chairs, or smaller coffee table.

Use the online space planners to ensure you have enough room to move around. Always a better effect to use furniture, pattern, and colour in correct proportions in a small space.

3. MIRRORS. Mirrors can double the size of a room, use them appropriately and that makes sense to the design scheme. Try using mirrored furniture to bounce light around a room, instead of always on the wall, or add a bold graphic white stripe to bounce light around.

4. LIGHTING. Utilize all the natural light you can, this is always optimal. But if you are in an east facing apartment with one little window, you know what I’m talking about when I mean dreary winters! Use floor lamps, uplights, table lamps, candles – these are all great ways to expand your space.

5. COLOUR. Test. Test and then Test again!

Use colour to expand you space. Whether it be on a wall, all the walls, or just in accessories and art, bring bright, bold colour into your space. Make it successful by tying it into your entire home creating flow from room to room, always a winning scenario in small spaces.

General rule of thumb is that cooler colours make rooms recede, therefore making the space feel larger, but I am a firm believer that you can have darker shades in your small space, simply by adding more lighting and/or contrast to those darker colours.

6. MULTI-PURPOSE. Think outside of the box when decorating. Look for ways to make your space do double duty. That nook in your kitchen can turn into a home office, your ottoman can be a coffee table, or extra seating.

And, my favorite, buy two host chairs that can double as extra chairs in the living room, but when entertaining for dinner, they can be pulled up to your table for seating.

34 NEW HOME GUIDE | JULY 3 - 31, 2015

7. FOCAL POINT. The first place to start is with the most interesting spot. Your focal point can be anything you want to highlight and/or the most interesting design element in the room. Yours could be your great view of the city, or, a big, flat screen TV. You may want your focal point to be your gorgeous sofa you just bought – whatever your focal point is, make it grab your attention when you walk into the room!

8. NEUTRALS. Layering tone on tone is a very effective way to make small rooms feel larger. If done right it won’t be boring either. My favorite neutrals are charcoal, cream, white, chrome, chocolate with warm blacks. Be thoughtful with your use of textures and patterns of neutrals, although you may think this scheme is easy, it is in fact very difficult to get it looking right. When done properly is very effective and timeless!

9. ACCESSORIES. Bring a chic, polished look to your own home. Pick gorgeous black and white reproductions or have your favourite pictures blown up and framed in simple wrapped canvas frames. Hunt down large mirrors to add to the living and bedroom and buy inexpensive, brightly coloured vases and bowls in electric orange, lime green and candy apple red for unexpected hits of colour. Remember, when it comes to accessories, bigger is better, less is more!

10. WALL ART / WALLPAPER. Add a wall tattoo or wall paper to your small space, it can be subtle or bold, it could be opaque, shiny or a shade darker than your paint.

For wallpapers, there are literally millions of variables, I challenge you to head to your local paint or wallpaper store to have a look. I guarantee you will be amazed at the variety available to you.

Afraid of a commitment to wallpaper? Try applying it to a large canvas rather than your wall - cool way to get texture and colour without having to commit!

JULY 3 - 31, 2015 | NEW HOME GUIDE 35

// 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 10 YRS

15 YRS

20 YRS

25 YRS

30 YRS

5.00%

10.58

7.88

6.57

5.82

5.34

5.25%

10.70

8.01

6.74

5.96

5.49

5.50%

10.82

8.14

6.85

6.10

5.64

5.75%

10.94

8.27

6.98

6.25

5.79

6.00%

11.07

8.40

7.12

6.40

5.95

6.25%

11.19

8.53

7.26

6.55

6.11

6.50%

11.31

8.66

7.41

6.70

6.26

6.75%

11.43

8.80

7.55

6.85

6.42

7.00%

11.56

8.93

7.69

7.00

6.59

7.25%

11.68

9.07

7.84

7.16

6.75

7.50%

11.81

9.21

7.99

7.32

6.91

7.75%

11.94

9.34

8.14

7.47

7.08

8.00%

12.06

9.48

8.28

7.63

7.25

8.25%

12.19

9.62

8.44

7.79

7.42

Follow these steps to see if you’ll qualify for a mortgage on your dream home

01 02 03

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

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

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.

36 NEW HOME GUIDE | JULY 3 - 31, 2015

04

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 firsttime buyers take the 25-year amortization.)

05

Multiply this figure by the amount you need to borrow.

Divide by 1,000.

06 07

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

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 FINANCIAL INSTITUTION

VARIABLE 6 months

1 year

2 years

3 years

4 years

5 years

ATB Financial

2.350

4.000

2.940

2.640

2.540

2.690

2.740

Bank of Montreal - BMO

2.850

4.000

2.890

2.840

3.390

3.890

4.740

Bank of Nova Scotia

2.850

4.550

3.290

3.090

3.390

3.890

4.490

CIBC Mortgages

2.850

4.450

2.890

2.840

3.550

4.140

4.790

Canadian Western Bank

3.050

4.000

3.140

3.040

3.650

4.200

4.740

Canadian Western Trust

3.050

4.000

3.140

3.040

3.650

4.200

4.740

Comtech Credit Union

-

6.200

2.890

2.890

2.950

2.990

2.690

First Calgary Financial

-

4.000

2.890

2.890

2.490

3.090

2.650

First National Financial

2.200

3.100

2.290

2.190

2.340

2.540

2.690

FirstOntario Credit Un.

2.850

4.240

2.890

2.590

2.690

2.840

2.690

HSBC Bank Canada

2.850

4.450

3.140

3.140

3.540

4.240

4.740

Home Trust Company

2.500

3.950

2.690

2.350

2.390

2.590

2.590

ICICI Bank Canada

3.050

-

3.150

3.650

3.640

3.690

3.690

Investors Group Trust

2.850

4.200

3.140

3.090

3.390

3.890

4.740

Laurentian Bank Canada

2.850

4.400

2.890

2.840

3.390

3.890

4.740

London Life

2.850

4.200

3.140

3.090

3.390

3.890

4.740

Manulife Bank

2.550

4.450

3.000

2.940

2.840

2.790

2.790

Manulife Trust

-

4.450

3.000

2.940

2.840

2.790

2.790

Meridian Credit Union

2.650

4.000

3.090

3.090

3.550

3.290

2.690

National Bank

2.850

4.400

2.890

2.840

3.390

3.890

4.740

-

5.000

2.890

2.590

3.390

3.890

4.640

2.650

-

2.800

2.850

2.950

3.050

3.150

-

4.500

3.150

3.500

3.750

3.850

3.950

President’s Choice Fin’l

2.850

6.190

3.190

2.840

3.490

4.040

4.440

Royal Bank of Canada

2.850

3.140

3.140

3.040

3.650

4.390

4.640

Servus Credit Union

-

4.000

2.890

2.840

3.390

3.890

4.640

Steinbach Credit Union

-

-

2.450

2.550

2.550

2.650

2.650

T-D Mortgage

2.850

3.140

2.890

2.840

3.390

3.890

4.640

Tangerine

2.850

-

3.190

3.240

3.490

3.690

3.790

PACE Savings & Credit Un Parama Credit Union Peace Hills Trust

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.

INSURED OR HIGH-R ATIO: 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%.

MORTGAGE OPTIONS 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 short-term 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 JUNE 23, 2015 AT 16:30:23 ET. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2015 CANNEX Financial Exchanges Limited. All rights reserved. Legal Notices

JULY 3 - 31, 2015 | NEW HOME GUIDE 37

//IN THE NEWS

SOUTH

MANY CANADIANS LOOKING TO LOCK IN

a long-term mortgage

Canada’s continuing low interest rate environment has Canadians thinking now is the time to lock in a longterm mortgage.

A new poll from CIBC reveals the majority of Canadians, 74 per cent, would opt for a medium or long-term mortgage if they were to acquire, refinance or renew a mortgage today.

Twenty-seven per cent think now is the time to look beyond the traditional five-year fixed mortgage for a term of up to 10 years.

“Canadians are recognizing that today’s historically low rates won’t last forever and some are looking for ways to bring predictability to their finances over the long term,” says Barry Gollom, vice-president, mortgages and lending at CIBC. “Most Canadians tend to opt for a fixed rate over five years when choosing a mortgage today. With more than one in four Canadians now saying they would choose a longer term of seven or 10 years, we may be seeing the start of a shift to longer terms.”

Canadians are recognizing that today’s historically low rates won’t last forever and some are looking for ways to bring predictability to their finances over the long term

BENEFITS OF A LONG-TERM MORTGAGE

Locking in to a fixed rate, medium or long-term mortgage can reduce the stress that can come with following interest rates.

“If interest rates rise in the next year or two, homeowners with shorter term mortgages or variable rate mortgages could see their payments move higher,” Gollom says. “Having a medium or longer term fixed rate can act as a measure of stability and protection – especially for those who have recently bought their first home.”

The prospect of rising rates may not be something Canadians have to worry too much about in the near term.

During its interest rate announcement on May 27, the Bank of Canada announced it was going to hold its overnight lending rate at 0.75 per cent.

“The overnight rate has only been sitting at 0.75 per cent for a little less than three months now, after Governor Stephen Poloz finally decided to cut it down from the one per cent it had held steady at for nearly 4.5 years,” says Alyssa Richard, founder and CEO of RateHub.ca. “That decision was made in January, in an attempt to shield highly indebted Canadians from the negative impacts of the significant drop in oil prices (and job losses that have occurred as a result).”

CIBC says the shift to longer term, fixed rate mortgages signals growing interest by Canadians to gain greater control and certainty over their largest financial obligation. With a consistent and predictable mortgage payment at today’s low rates guaranteed for many years, Canadians may have the opportunity to pay down their mortgage faster and minimize interest costs, which will help to keep them on track for their broader financial goals.

“Finding an expert who can crunch the numbers on a variety of mortgage options while factoring in your other debts, your savings goals and your personal risk tolerance is an extremely important part of the evaluation process,” says Gollom.

CANADIANS’ MORTGAGE MOOD

» 47 per cent would choose a medium term mortgage (three or five years) if they were to acquire, refinance or renew a mortgage today » 7 per cent would opt for a longer term (seven or 10 years) » 19 per cent would go with a shorter term (one or two years) » 62 per cent of Canadians with a mortgage believe it will be at least 10 years before they are mortgage-free, making it possible to choose a longer term such as a 10-year fixed rate

Source: CIBC Mortgage Poll 38 NEW HOME GUIDE | JULY 3 - 31, 2015

45 St.

Calmar

• POPULATION: 17,000 and growing “Small city” living within minutes of “Big city” amenities.

44 St.

50 St.

7

AREA INFO • LOCATED: 20 km south of Edmonton on Hwy 2

Telford Lake

Black Gold Dr.

3

1

• GROCERY: Variety of shopping.

Rollyview Rd.

Hi gh wa y2 A

5 2

To Calgary

42 St.

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St. 50

4

• SCHOOLS: 7 Elementary, 2 Junior & Senior high. Public, Private & Separate school systems.

C.W. Gaetz Drive

42 Ave.

1

Coady Blvd.

Alton Dr.

Grant MacEwan Boulevard

Hwy 60

50 Ave.

8

6

To Wetaskiwin

1 MEADOWVIEW

DEVELOPER: Qualico Communities BUILDERS: Tristate Signature Homes, Homes by Santos, Connect Homes and Victory Homes LOCATION: Coady Blvd & Meadowview Blvd.

Showhomes Coming Soon

2 TRIBUTE

DEVELOPER: Qualico Communities BUILDERS: Tristate Signature Homes LOCATION: Dunlop Wynd & Caledonia Dr.

3 WINDROSE

DEVELOPER: Maclab Enterprises BUILDERS: Bengel Custom Homes, Corona Custom Projects, Cornerbrook Custom Homes, Jacob’s Construction, McLean and McLean Custom Homes LOCATION: Exit at 50 Ave off Highway 2, proceed west, then go south on RR 253 to Windrose

4 SUNTREE

DEVELOPER: Maclab Enterprises BUILDERS: Cranston Homes, Areo Homes, Cobblestone Master Builder, Caliber Master Builder, Trend Homes, Triumph Homes LOCATION: Grant MacEwan Boulevard & Suntree Promenade

5 SOUTHFORK

DEVELOPER: Tamani Communities BUILDERS: Dolce Vita Homes, Homes

by Avi, Innovations by Jayman, Jayman MasterBUILT LOCATION: Highway 2A & 50th Street

• RECREATIONAL FACILITIES: Recreation & Culture Centre, Performing Arts Centre, 18 hole Golf Course & Public Library.

leduc

Highway 39 To Calmar

• MEDICAL FACILITIES: Full Service Community Hospital and Full Ambulance Service.

• PARKS & PATHWAYS: 27 parks including Telford Lake, Fred John’s Park & Lions Campground.

6 ROBINSON

DEVELOPER: Beaverbrook Developments BUILDERS: Bedrock Homes, Dolce Vita Homes, Homes by Sher-Bilt, Connect Homes LOCATION: South of Rolly View Road on C.W. Gaetz Drive

7 BRIDGEPORT

DEVELOPER: Melcor Developments Ltd. BUILDERS: Santos Construction Ltd., Encore Master Builder, McLean & McLean Custom Homes Ltd.,Western Living Homes LOCATION: Take 50 Ave, turn right on Bridgeport Crossing

8 WEST HAVEN PARK

DEVELOPER: Melcor Developments Ltd. BUILDERS: Encore Master BuilderSantos Construction Ltd.,Homexx Corporation LOCATION: West on 50th Ave, South on West Haven Boulevard

THE CITY OF LEDUC,

a thriving Industrial, Commercial & Agricultural Community continues to experience growth and expansion.

“A great place to call home!”

For more information contact The City of Leduc at 780-980-7177

The grass will be greener, just like your wallet.

39 61

BEAUMONT

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File Name: MATEDMONTON-1018578-MH_NHG_2FP_Mag Trim: 7.5” x 10.5” Bleed: 0.25 x 0.25

Safety/V.O.: 0.25” x 0.25” Colours: CMYK

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Due: 10/12/14

Publication: New Home Guide DPI: 300

Built: 27/11/2014 – KN

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You’ll find of your fa 40 NEW HOME GUIDE | JULY 3 - 31, 2015

MATEDMONTON_10

• POPULATION: Approx 12,500 • LOCATED: 2 miles South of Edmonton on 50th street.

• SCHOOLS: 5 Schools from Kindergarten to Grade 12.

French Immersion offered in all.

• GROCERY: Sobeys, Extra Foods

beaumont

AREA INFO

• RECREATIONAL FACILITIES: Beaumont Regional Activities Centre and numerous Coloniale Estates Golf Course, Edmonton outdoor facilities.

• MEDICAL FACILITIES: 10 minutes to Grey Nuns Hospital. Served by Edmonton Ambulance.

Coloniale Estates In Beaumont.

Distinctive Homes In A Golf Club Setting.

• PARKS & PATHWAYS: Approximately 170 acres of parkland & km of inter-connected walkways.

There is something to enjoy about Coloniale Estates every day.

It is the kind of place where neighbours become friends and kids have plenty of opportunity to run and play. This is an exclusive golf club community with favourable pricing that is hard to find in golf course communities.

•17 MINUTES TO THE AIRPORT

Come visit us and discover why

“Life is Better in Beaumont”

In Coloniale Estates you’ll find great park spaces where neighbours can gather and enjoy each other’s company, walking/biking trails for short after-dinner strolls or energetic bike rides. In winter those trails function as cross country skiing opportunities.

ThereESTATES are 5 schools in4and around ROYAL OAKS 1 COLONIALE DEVELOPER: Cancom Development DEVELOPER: ARW Development Corp. school Beaumont, serving elementary and high students.

BUILDERS: Konark Homes, BUILDERS: Mattamy Homes There are superb recreational facilities and Cancom Homes, Infiniti Homes, Open LOCATION: 50 St. & Coloniale Way all around From Beaumont: shopping at the Montalet Mall, The EdmontonLOCATION: International West on Township Road 510 to 2 DANSEREAU MEADOWS Airport and the Grey Nuns Hospital are 15 minutes away.

East Vistas Blvd. (follow signs) DEVELOPER: United Communities BUILDERS: Caliber Master Builder,

for more information call 780-929-8782 The Showhome, Coloniale Estates, Edmonton or Hickory visit our website at town.beaumont.ab.ca

6 TRIOMPHE IN BEAUMONT DEVELOPER: MLC Group BUILDERS: Trend Homes, Connect Homes, Active Homes, Areo Homes LOCATION: 44th Avenue & Triomphe Blvd

From Edmonton: South on 101 St.

The homes are all Detached Family Homes withRoad 2-Car to Township 510, east on Township Landmark Communities,Single Pacesetter Road 510 to East Homes or 3-Car Tandem Garages, ranging in size from 1,480 Sq.Vistas Ft. Blvd. (follow signs) LOCATION: West on 50th Street at Rue to 2,681 Sq. Ft. Many of the exterior designs are Montalet (follow the signs) unique to this community and reflect Mattamy’s 5 EAGLEMONT IN The Hickory Showhome, Coloniale Estates, Edmonton 3 RUISSEAU ability to provide a variety of designs to make BEAUMONT DEVELOPER: MLC Group DEVELOPER: Qualico Communities each street more interesting.

Special features BUILDERS: Lenaco Homes, Active BUILDERS: Look Homes Master Builder Mill Street West Homes Homes Connect Homes such as front and porches also elevate the sense Homes, Jaya Homes, Golden LOCATION: 50th Ave & Rue Eaglemont LOCATION: It is located on the south of friendlinessside inofthe community.

50th ave at 66st.

You Can Be Here In Minutes And You Can Live Here Right Now. In Coloniale Estates, Mattamy has a selection of Quick Possession Homes ready for sale so you and your family can live here sooner rather than later.

e: 10/12/14

n: New Home Guide

PI: 300

t: 27/11/2014 – KN

If golf course community living has been part of your vision of a dream home, then now is the time to come to Beaumont and visit the Coloniale Estates Sales Centre. You’ll find everything that you expected from a golf course community except for one thing: high prices.

All Mattamy homes also come with two trees and fully sodded yards, so the neighourhood is green not brown.

You’ll find that Mattamy builds homes that are worthy of your family memories.

The Walnut Showhome, Coloniale Estates

Great Community Features for

ALL SEASONS

MATTAMY HOMES

From 1 Home in 1972 to 70,000 Homes Now

The master community plan allows for gathering

Mattamy Homes is Canada’s largest new home builder

spaces where neighbours can enjoy each other’s

and is well-established in The Greater Toronto Area,

TEDMONTON_1018445_NHG company.Annual_3FP_Mag.indd The walking/biking trails allow for3short

Ottawa, Calgary and throughout the United States in

The Walnut Showhome, Coloniale Estates, Edmonton

For information on all Mattamy communities, visit: mattamyhomes.com Sales Centre Hours: Monday to Thursday 2pm-8pm; Friday to Sunday and Holidays 12pm-5pm Sales Centre: 274 Reichert Drive, AB, Beaumont, T4X 0B9 Phone: 780-929-1111 Email: sls_beaumont@mattamycorp.com 41 59

2014-11-13 1:12 PM

EDMONTON’S NEW RENTAL UNIT CONSTRUCTION SOARS IN 2015 (PART 2) 1)

In the our first last four article, months we discussed of 2015, a housing recent unit construction starts in

quality finishes and price features, which helps explain why terms of sales and growth, with the to resale side of

surge that has taken Edmonton’s the Edmonton regionplace haveingrown 136% professionally on an annual managed apartment rental market and proposed that basis*. While owner-intended starts have nearly

rent prices in this market continued have averaged 10% higher this market experiencing price growth thus than those in the primary rental market since 2010.** far in 2015.

the developers of these new projects had tuned into an doubled by this measure, today’s construction is being emerging trend. So, what trend were we referring to? heavily bolstered by an insurgence in apartment rental starts – 981 since January 2015*.

In short, a fair proportion of consumers in the apartment

rental market have started to show a preference towards One obvious rentals, driver of this trend has the region’s high-quality or those withbeen “condo-quality” consistently thin vacancy rates within professionally finishes and features – a popular marketing term used managed rental buildings. those looking to rent, when advertising these newFor rental properties.* finding an apartment in this market can be daunting, Specifically, commonly marketed new condo with many settling outside of desired areas, or finishes for less such as tile flooring and granite countertops, and living desirable options. This situation has caused average features such as in-suite laundry and heated parking rents in the region to grow faster than anywhere else stalls now formulate a basis of comparison for what is in Canada*. considered high quality in Edmonton’s current rental markets. In general, these qualities are lacking in the Many real estate agents and new condo developers city’s standing primary apartment rental market, where now note that today’s rental closely resemble 75% of all units were built priorcosts to 1980 and just 7% of the payment one unitsmortgage began construction after might 2000.*pay on a condo.

This point should seemingly hold close sentiment with The demand for these qualities evident in Edmontonians who maintain one ofhas thebeen highest housing recent years by two emerging trends. homeownership rates of all major Canadian regions*.

Firstly, from the demand-driven expansion in Local values like this may also help explain the success Edmonton’s secondary rental market from 2012 to of the region’s many apartment rental condo conversion 2014. During this time, Edmonton’s secondary rental projects that took place between 2005 and 2011 – a universe grew by roughly 2,100 units, while the primary time theremained primary rental market was reduced by rentalwhen stocks stagnant.** Intelligence House over found 8,000 that, apartment units*. these Furthermore, condos for has in general, secondary market apartment units are is much more likely contain highsale have experienced great success intorecent years in Intelligence House Edmonton’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales services to the real is estate industry.newest and most Intelligence House Edmonton’s innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales services to the real estate industry.

42 NEW HOME GUIDE | JULY 3 - 31, 2015

Currently, vacancy rates in Edmonton’s secondary

markets continue remain record Given the above, to one mightatask whylows.** there is a need to build new rentals when we can just promote further Secondly, the high-end new rental construction homeownership in the new condo market. projects currently pre-leasing in this market have found great success thus far in achieving full lease The answer to this is an unforeseen real estate market rates during their construction projects through the trend an appearing, if not now apparent, consumer use ofand presentation centres that look similar to those of trend.

In past articles, we developments. have written about the new homeownership condo One local developer of such projects recently told The secondary Globe and opportunities for investment in Edmonton’s Mail that as he highlighted signs 1.5 leases/day for rental that markets, by the fact that while rates the city of average roughly above the grew average rent Edmonton’s entire$200/month stock of apartments by over of the area.* 7000 units from 2012 to 2014, occupancy rental rates

remained stagnant at roughly 30 percent. All of this Looking forward, it is expected that more of these occurred while the professionally managed stock of new high-end rental projects will begin pre-leasing rental apartments remained in Edmonton’s market in thestagnant*. near future. Intelligence House will be closely monitoring the extent to which It seems of these primary rental this trendthat maydevelopers play out, and how new it might affect the projects have tuned into standing an emerging that was demand for Edmonton’s rentaltrend properties in its maturity.being serviced primarily by secondary rental previously market investors. What is this trend?

More on this next time…

More on this next time… *“In Edmonton, once a condo, now a rental,” The Globe and Mail, Published Friday, April 10, 2015 **Statistical figuresand & trends based on publications provided *Statistical figures trends are based on public publications

by CMHC and/or the City of Edmonton provided by the CMHC.

From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield

From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield

1 MAPLERIDGE & OAKRIDGE COMMUNITIES

DEVELOPER: Maple Ridge & Oak Ridge Communities BUILDERS: Country Hills Homes LOCATION: 17 Street between Sherwood Park Freeway and Whitemud Drive

2 TAMARACK

DEVELOPER: Dream Unlimited Corp.

BUILDERS: Landmark Communities, LOCATION: From Whitemud go South on 17 Street & follow the signs to Tamarack Gate

3 LAUREL

DEVELOPER: Dream Unlimited Corp.

BUILDERS: Landmark Legacy Homes, Lincolnberg Master Builder LOCATION: South of 23 Avenue and East of 34 Street

southeast

9

2

4 LAUREL CROSSING

7 TAMARACK COMMON

5 MAPLE CREST

8 LAUREL GREEN

DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Sterling Homes, Landmark Homes, Tristate Signature Homes LOCATION:34 Street & 16A Avenue DEVELOPER: Dream Unlimited Corp.

BUILDERS: Homes by Avi, Coventry Homes, Crystal Creek Homes, Landmark Legacy, Landmark Communities, Bedrock Homes LOCATION: Maple Road (38th Avenue NW) and 8th Street

6 WILLOW HAVEN

DEVELOPER: CarringtonLand BUILDERS: Bedrock Homes LOCATION: 5624 7th Ave SW.

DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Sterling Homes, & Parkwood Master Builder LOCATION: 17 Street and 23 Avenue, south of Millcreek Nursery DEVELOPER: Dream Unlimited Corp.

BUILDERS: Homes by Avi, Lincolnberg Master Builder, Landmark Legacy Homes, Urban Luxury Homes LOCATION: South of 23 Avenue on 24 Street

9 LARKSPUR LANDING

DEVELOPER: Rohit Communities BUILDERS: Rohit Communities LOCATION: 2845 - 43rd Avenue NW Edmonton

43 53

SOUTHEAST

SOUTHEAST

//HOME SWEET HOME

LOW RATES CHANGING CANADIANS’ MORTGAGE HABITS » by LYDIA MCNUTT

LYDIA MCNUTT

is an award-winning writer and editor of New Condo Guide. Lydia’s love of architecture, interior design and the written word have landed her happily at home at ypnexthome, where real estate rules. Email Lydia.

McNutt@ypnexthome.ca, and follow her on Twitter @ LydiasTweetsl

Canadians have been sitting, very comfortably, in an ultra-low mortgage interest rate environment for years now, and just when we thought rates couldn’t go any lower, they did, as the Bank of Canada dropped its key lending rate to 0.75 per cent, and the big banks followed suit. At the latest rate announcement earlier this week, that rate stayed put.

Twenty years ago, the rate for a fi xed-rate five-year mortgage was 10.75 per cent.

Back in 1981, it was 20.25 per cent! (source: RateHub.ca) Today’s numbers in the two-per-cent range are hard to believe, and they’re changing how Canadians handle their debt load.

Canadians are doing everything they can to make the most of these low lending rates, according to the 2015 Mortgage Consumer Survey by conducted Canada Mortgage and Housing Corp. (CMHC).

SURVEY SAYS… According to CMHC, 60 per cent of mortgage renewers did so before their mortgage term expired, and 55 per cent of them did it to avoid a rise in rates in the future.

Furthermore, mortgage renewers reported taking action to pay off their mortgage sooner. Forty-nine per cent set their mortgage payment set higher than the minimum required, while 32 per cent made either lump-sum payments, increased their regular payment, or both.

GOING BROKER: CMHC also investigated the share of mortgage consumers who used the services of a mortgage broker. The survey found that broker market share is on the rise, having increased from 32 per cent in 2012 to 42 per cent in 2015.

Almost twice as many homebuyers (both fi rst-time and repeat) used a broker (49 per cent), versus existing homeowners who were refinancing a mortgage (24 per cent).

THE LOYALTY PROGRAM: When it comes to loyalty, fi rst-time homebuyers were fl ighty than their repeat-buyer counterparts. Renewers were more likely to stay with their current lender (86 per cent) whereas only 47 per cent of fi rst-timers stuck with the financial institution they deal with regularly.

Interest rates were the main reason for consumers to jump ship to another lender, at 63 per cent.

SOUTHEAST

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WAYNE KARL

» by WAYNE KARL For homeowners, when someone says your home is drastically overvalued, naturally, you worry. If you’re a Whitemud Dr. prospective homebuyer, such news might cause you Highway to delay628 your purchase. That’s the power of housing valuations.

The problem is, who and what to believe?

1 ASPEN TRAILS/EMERALD 3 LAKELAND RIDGE Here are some recent examples of Canada’s housing valuations, DEVELOPER: Genstar Development Co. HILLS

is an award-winning writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics 2 of buying property.

Email wayne.karl@ ypnexthome.ca or follow him on Twitter atTwitter. com/WayneKarl

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HOUSING VALUATIONS

4 SUMMERWOOD

DEVELOPER: Qualico Communities from a variety of sources: Co. BUILDERS: Jayman MasterBUILT, DEVELOPER: Genstar Development BUILDERS: Landmark Homes, Rohit Pacesetter Homes, Rohit BUILDERS: Coventry Homes, Park Royalby 60 per Communities, Deutsche Bank: overvalued cent Communities, Open Homes, Landmark Homes, Christensen LOCATION: Lakeland Drive & Campbell Rd. Bank ofRohit Canada: overvalued by 30 per cent LOCATION: East of Clover Bar Rd. Developments, Communities, North of Baseline Rd.housing on Lakeland Dr. Homes

by Avi, MarcsonMonetary Homes, Daytona report reminds everyone that International Fund: overvalued by 11 per cent Homes Master Builder markets must be assessed on a micro TD Bank: overvalued by 11 per cent LOCATION: Lakeland Drive & Aspen level, not wide-swathing national Trail Canadian housing economist Will Dunning: undervalued

by nine per cent

ARDROSSAN HEIGHTS

DEVELOPER: Strata Developments WithOpen such a wide variance in valuations, and using differing BUILDERS: LOCATION: 4 miles eastto of Sherwood measures, who believe, indeed?

Park on Baseline Road North at RR 824 “Far too many foreign economists try to make overly to Ardrossan NEW LOTS COMING

simplified SOON!

statements about foreign housing markets they don’t understand enough about,” Calum Ross, mortgage broker and real estate investor, told New Home Guide.

“Above and beyond the traditional measures, there are a number of less tangible measures, such as the stability of social, political and economic systems at the federal, provincial and municipal level.

“Canada represents one of single largest countries in the world and going from coast to coast, Canada is home to a very diverse group of people with local economics that are vastly different,” Ross says. “Saying there is a Canadian housing market is no less ridiculous than saying there is ‘Canadian temperature.’”

Thankfully, Canada Mortgage and Housing Corp.

(CMHC) added some context recently in its House Price Analysis and Assessment (editor’s note: for more information, flip to page 56), which provided a market-by-market snapshot

by Canada’s larger centres. The report attached a risk level – low, moderate or high – for the major cities, using risk factors of overheating, acceleration in house prices, overvaluation and overbuilding.

With Regina and Winnipeg, of all places, being the only major centres earning “high risk” assessments, CMHC’s

viewpoints. Canada’s most expensive market, Vancouver, earned a “low risk,” while Toronto, the other market often mentioned in conversations about overvaluation, was ranked as “moderate risk.”

“From a pure economic theory standpoint, when interest rates are low, then real asset prices will go up,” says Ross. “Real estate is one of the most interest-rate-sensitive sectors of the global economy. When it comes to mortgages, what we know is that people have a tendency to buy payments and be less concerned with total debt. The lower interest rates and longer amortizations allow for lower payment and as long as payments stay affordable – many people won’t get caught up with the sticker shock of more expensive real estate prices.”

So, who to believe, next time you see a report on Canada’s housing valuations?

Well, a Canadian source such as CMHC is a good start. Otherwise, as experts stress, remember to look at your individual market for a clearer indication, not the national assessment.

sherwood park

sherwood park

//FUNDAMENTALLY SPEAKING

1 5

3

1 SOUTHPOINTE

DEVELOPER: MLC Group BUILDERS: Active Homes, Impact Homes, Rosecroft Custom Homes LOCATION: Junction of Hwy. 21 and Hwy. 15 on 94 Street

2 SOUTHFORT RIDGE

DEVELOPER: Strata Developments BUILDERS: Anez Homes, Bold Homes, BR Homes, CMK Homes, Glenora Homes, Homes By Sidney, Thomsen Built LOCATION: Southfort Blvd & Ridgeland Way

3 SOUTHFORT MEADOWS DEVELOPER: Strata Developments BUILDERS: Landover Homes, Stoneridge Homes LOCATION: Southfort Drive & Meadowview Drive

4 SOUTHFORT ESTATES

DEVELOPER: Strata Developments BUILDERS: Open to public LOCATION: Southfort Drive & Greenfield Way

51

7

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5 FOREST RIDGE IN WEST PARK

DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Connect Homes Homes by Santos, Victory Homes, Open LOCATION: Westpark Drive & Cranberry Bend

6 WEST WOODLANDS

DEVELOPER: Strata Developments BUILDERS: Ingram Custom Homes, Open LOCATION: 55 St. & Sunset cres. Bruderheim

7 SIENNA

DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Rohit Communities, LOCATION: 94 St. & Sienna Blvd.

AREA INFO • POPULATION: Over 18,653 • LOCATED: Adjacent to the northeast boundary of the provincial capital, the City of Edmonton-15 minutes close.

• SCHOOLS: 6 Public Schools, 3 Separate Schools, 1 Christian School.

• GROCERY: Sobey’s Station Square, Canada Safeway, No Frills.

• RECREATION & CULTURE FACILITIES: Dow Centennial Centre, Tennis courts, campground, baseball diamonds, golf course, indoor pool, outdoor ice rinks (2), curling rink, 3 arenas, indoor soccer, gymnasium, fitness centre, performing arts theatre, visual arts gallery, pottery studio.

• MEDICAL FACILITIES: New Hospital Opening in 2012, 5 Medical Clinics.

• PARKS & PATHWAYS: 360 hectares of park/ recreational/ natural land with 30 kilometres of paved trails for walking, running, biking, rollerblading and cross-country skiing.

A quiet, friendly, family oriented community.

“Life is good here!”

fort saskatchewan

sherwood park

6

For more information contact Jasmine Zebic 780-992-6408 or visit our website at www.fortsask.ca or email: jzebic@fortsask.ca

49 47

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1 LACOMBE PARK ESTATES

DEVELOPER: Genstar Development Co. BUILDERS: OPEN LOCATION: Giroux Rd. & Lacombe Dr.

The New Home 2 NORTH RIDGE & Condo Guide app is now

DEVELOPER: Genstar Development Co. BUILDERS: Ironstone Homes, San Rufo Homes, Vista Homes LOCATION: Northridge Dr. and Hogan Rd.

St .

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156 St.

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184 St.

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DEVELOPER: United Communities BUILDERS: OPEN to the Public LOCATION: North corner of 127th Street & 195 Ave

7 PINNACLE RIDGE ESTATES

DEVELOPER: Pinnacorp Investments Inc. BUILDERS: Marco Antonio Homes, Alves Construction Inc, Heredity Homes, Design Innovation, Open LOCATION: Starkey Road & Bellerose Drive on Sturgeon River

8 REGENCY HEIGHTS ESTATES IN KINGSWOOD

4 UPPER MANOR POINTE Brand new name, same great app.

5 THE CLUB & RESIDENCES Everything you need OF RIVER’S GATE to know to buy your next home.

DEVELOPER: Upper Manor Pointe BUILDERS: Open LOCATION: Corner of Coal Mine Road & Starkey road

TO EDMONTON

6 TUSCANY HILLS & UPPER TUSCANY

3 ERIN RIDGE

DEVELOPER: Qualico Communities BUILDERS: Daytona Homes Master Builder, Parkwood Master Builder LOCATION: Coal Mine Road and Everitt Drive.

167 Ave.

6

127 St.

Boudreau Rd.

We can help!

DEVELOPER: Canterra Developments Corp.

BUILDERS: DiGiuseppe Interior Design, Las Palmas Estate Homes LOCATION: Poirer Ave, just off Sir Winston Churchill Ave.

DEVELOPER: Beaverbrook Communities BUILDERS: Las Palmas Estate Homes, Alquinn Homes, Heredity Homes, Open LOCATION: Sturgeon Road between the Sturgeon Valley Golf Course & Riverlot 56 Natural Area

download the app

• LOCATED: Just minutes northwest of Edmonton with great access to St. Albert Trail, Anthony Henday Drive and Hwy 2

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• SCHOOLS: 30 schools offering specialized programming through Catholic, Public and Francophone school systems. Easy access to Postsecondary education by transit or roadway.

• GROCERY/SHOPPING: 8 grocery stores including all major grocery chains plus speciality organic stores. Full shopping amenities from independent to big box stores.

• RECREATION FACILITIES: 28 ball diamonds, 47 soccer/football fields, 4 Regulation Rugby Fields, 1 regulation BMX track, 7 pools, 3 NHL size hockey arenas, 2 indoor arenas and 27 outdoor ice surfaces, Arden Theatre, Historic sites, Art Gallery, Museum • MEDICAL FACILITIES: Sturgeon Community Hospital, 2 medical centres, St. Albert & Sturgeon Primary Care Network, plus other health practitioners.

• PARKS & PATHWAYS: 85 km of the Red Willow Trail system connecting all residents to the river valley. 76 city/ school playgrounds, and 2 dog friendly parks

Cultivate Family in St. Albert! http://movetostalbert.ca

SHOWHOME REVIEW//

187 Ave.

4

167 Ave.

ve.

137 A

137 Ave. 132 Ave. 82 St.

.

10 Ave 144

129 Ave.

118 Ave.

1 CRYSTALLINA NERA

151 Ave.11 13

DEVELOPER: Ranger Realty BUILDERS: Urbanity Custom Homes, Open LOCATION: 147 Avenue and 14 street

12 CASSELMAN LANDING

Tr. Victoria

66 St.

144 Av e.

12

Fo rt Rd .

97 St.

.

Ave 153

11 FRASER RIVER PARK 1 St.

34 St.

167 Ave. 2

3

20 St.

5

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To Fort Saskatchewan

6 50 St.

Bon Accord 1/9 Gibbons

DEVELOPER: Cameron Communities BUILDERS: Cameron Homes, Dolce Vita Homes, Lincolnberg Homes, Sterling Homes LOCATION: Manning Drive and 153 Avenue

Yel Hermit low age hea dT rail

Hoo ke Rd

northeast

10 MANNING VILLAGE

1

6 MccONAcHIE

DEVELOPER: Rohit Communities BUILDERS: Rohit Communities LOCATION: 5203 149 Avenue NW

13 FRASER VISTA

DEVELOPER: G3 Development Services Inc / Lamont Land Inc BUILDERS: Bedrock Homes, Prominent Homes LOCATION: Fraser Vista is located in the Fraser Community, north on Victoria Trail and east on 153 approx.

AVERTON PRESENTS: DEVELOPER: Genstar Development Co. BUILDERS: Pacesetter Homes, Park Royal Homes, Daytona Homes Master Builder, Ironstone Home Builders LOCATION: 82 Street & 180 Avenue

DEVELOPER: Walton Development and Managment L.P BUILDERS: Jayman MasterBUILT, Innovations by Jayman, Sabal Homes, Morrison Homes, Royal West Homes, Carlisle Group LOCATION: 167 Avenue and McConachie Way

The Adelaide in Spruce Grove

2 McCONACHIE STAGE 7

DEVELOPER: Ranger Realty BUILDERS: Bethpage Construction Corp, » by SALINA YARA HALABI Sangam Homes Ltd, Sha-Ture Homes Inc., White Eagle Homes LOCATION: 167C Ave and 59-60 Street

D

7 COLLEGE WOODS AT LAKEVIEW

esign is everything. Averton 3 MccONAcHIE LANDING introduces the Adelaide in Spruce DEVELOPER: MLC Group/Cameron Grove. Located in the desirable Communities 8 BUILDERS: ReidBuilt homes this stunning neighbourhood of Prescott, LOCATION: 167C Ave and 59-60 Street 2,323-sq.-ft. two-storey home features a design with high quality details.

4 contemporary CY BECKER DEVELOPER: Communities Situated just 13Qualico minutes from Edmonton’s west BUILDERS: Pacesetter Homes, Daytona Homes end, the location of this home is ideal for those Master Builder, Rohit Communities who want theManning convenience near 9 LOCATION: Fwy & of 167being Avenue first-rate amenities, most notably a new school 5 scheduled VILLAGE AT SCHONSEE to open in the fall of 2016! This K-9 DEVELOPER: Bedrock Homes school will Bedrock be located just one block away from BUILDER: Homes & 5497 Schonsee theLOCATION: Adelaide 5495 showhome and willDrive offer new residents an excellent educational facility for their family with the added benefit and convenience of having their children nearby throughout the school year. This charming neighbourhood is free from big city congestion; however, residents of Prescott are just moments away from restaurants, shopping and numerous key amenities.

Th is exterior of this double garage home boasts plenty of curb appeal with a Prairie design that features premium vinyl siding and

DEVELOPER: College Woods Development Inc. BUILDERS: Entity Upon Homes,entering Prominentinto the Adelaide the home’s outstanding design is brick accents.

Homes Ltd, Sehra Homes evident in89allStreet the and details and excellent finishings. The spacious foyer welcomes LOCATION: 181 Avenue

you into the home and is open to the second level, creating an airy and open

THE TERRACE ATspace.

SCHONSEE environment for the A convenient closet is provided in the foyer area

DEVELOPER: Brookfield Residential along with access to the homes basement level. Continuing into the homes BUILDERS: Jayman MasterBUILT, Coventry main Sterling level leads to City a powder Homes, Homes, Homes room, stairway to the second floor, and a built-in LOCATION: Northwith of 167aAvenue on top 71st that adds a unique touch to a space that is desk complete granite Street

often left empty in other homes. A generously sized, open concept living area is

foundCRYSTALLINA to the on the main level of this Averton home and features a modern VITA NERA

DEVELOPER: Walton Developments BUILDERS: Morrison Homes, Sabal Homes, Homexx Homes LOCATION: north on 82nd street and 180th Avenue

39 51

INGO U RMES Z A T HO

AMS TORRISON Y PL E | MO

IM M 8 S W H|OHOMEXX

O S S HAL HOME SA

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SIMPLY ACCESSIBLE • SIMPLY AFFORDABLE • SIMPLY AMAZING

VITA is a modern community with front garage and laned homes designed to match your busy lifestyle. A place where putting down roots feels right, and spending quality time with family and friends comes easily. Some call it affordable luxury. We call it VITA. Choices should always be this simple.

HOMES FROM THE

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Showhomes 82 St. and 180 Ave.

Find out more at LiveatVita.com 52 NEW HOME GUIDE | JULY 3 - 31, 2015

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**Harvest Ridge – Single Family 147 Harvest Ridge Dr. Lisa 780-733-7922 | cell: 780-232-0233 Spruce Grove | Model: Cedar

**West Haven Park – Single Family 102 Kirpatrick Crescent Brad 780-732-1312 | cell: 780-906-1142 Leduc | Model: Magnolia 2

*Vita at Crystallina Nera – Rear Parking Lane 7715 - 181 Ave. (2 showhomes) Danny 780-733-7920 | cell: 780 951 4529 Model: Topaz/Escape

**Harvest Ridge – Rear Parking Lane 109 Hewitt Circle Lisa 780-733-7923 | cell: 780-232-0233 Spruce Grove | Model: Escape

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*Vita at Crystallina Nera – Single Family 7663 - 181 Ave (2 showhomes) Danny 780-733-7924 | cell: 780 951 4529 Model: Birch/Cedar 53

Get involved with Sage!

Sage is a non-profit seniors’ serving organization, offering a wide range of programs that enhance the quality of life for seniors in Greater Edmonton. Get involved with Sage! Take advantage of the many resources, programs and services. Explore a variety of volunteer opportunities. Consider supporting at-risk seniors by making a charitable donation. Sage has been serving seniors in your community for over 40 years.

50

Visit www.MySage.ca or call 780-423-5510!

Playgrounds

Glenridding Heights is a fresh new community Pathways District with a toboggan hill, walking trails, a four Campus season park and plenty of space to play!

Featuring Homes From: Crimson Cove Homes d’Cor Homes •Parks Lincolnberg Master Builder Pacesetter Homes • Rohit Communities Shopping Located East of 170th Street & South of Ellerslie Road

GlenriddingHeights.com 55

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school systems. Easy access to Postsecondary education by transit or roadway.

Poirier Ave.

170 St.

DEVELOPER: Genstar Development Co. BUILDERS: OPEN LOCATION: Giroux Rd. & Lacombe Dr.

2 NORTH RIDGE

DEVELOPER: Genstar Development Co. BUILDERS: Ironstone Homes, San Rufo Homes, Vista Homes LOCATION: Northridge Dr. and Hogan Rd.

3 ERIN RIDGE

DEVELOPER: Qualico Communities BUILDERS: Daytona Homes Master Builder, Parkwood Master Builder LOCATION: Coal Mine Road and Everitt Drive.

4 UPPER MANOR POINTE

DEVELOPER: Upper Manor Pointe BUILDERS: Open LOCATION: Corner of Coal Mine Road & Starkey road

5 THE CLUB & RESIDENCES OF RIVER’S GATE

DEVELOPER: Beaverbrook Communities BUILDERS: Las Palmas Estate Homes, Alquinn Homes, Heredity Homes, Open LOCATION: Sturgeon Road between the Sturgeon Valley Golf Course & Riverlot 56 Natural Area

Alb

er t

6

127 St.

6

167 Ave.

• GROCERY/SHOPPING: 8 grocery stores including all major grocery chains plus speciality organic stores. Full shopping amenities from independent to big box stores.

• RECREATION FACILITIES: 28 ball diamonds, 47 soccer/football fields, 4 Regulation Rugby Fields, 1 regulation BMX track, 7 pools, 3 NHL size hockey arenas, 2 indoor arenas and 27 outdoor ice surfaces, Arden Theatre, Historic sites, Art Gallery, Museum

Tr.

156 St.

Si

184 St.

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AREA INFO B OU •U POPULATION: ILT R A60,994 LL GR H • LOCATED: Just minutes OM OF northwest of Edmonton E with great access to ENAnthony ES Henday St. Albert Trail, Drive and Hwy 2 CE AR RT E • SCHOOLS: 30 schools offering IF IE specialized programming through D! Catholic, Public and Francophone

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YOUR NEW HOME FOOTPRINT CAN TUSCANY HILLS & UPPER TUSCANY BE AS GREEN AS YOU WANT IT...

DEVELOPER: United Communities BUILDERS: OPEN to the Public LOCATION: North corner of 127th Street & 195 Ave

7 PINNACLE RIDGE ESTATES

DEVELOPER: Pinnacorp Investments Inc. BUILDERS: Marco Antonio Homes, Alves Construction Inc, Heredity Homes, Design Innovation, Open LOCATION: Starkey Road & Bellerose Drive on Sturgeon River

NEW SHOWHOME

• MEDICAL FACILITIES: Sturgeon Community Hospital, 2 medical centres, St. Albert & Sturgeon Primary Care Network, plus other health practitioners.

• PARKS & PATHWAYS: 85 km of the Red Willow Trail system connecting all residents to the river valley. 76 city/ school playgrounds, and 2 dog friendly parks

NOW OPEN!

8 REGENCY HEIGHTS ESTATES IN KINGSWOOD

Cultivate Family in St. Albert! http://movetostalbert.ca

Come see us at

DEVELOPER: Canterra Developments Corp.

BUILDERS: DiGiuseppe Interior Design, Las Palmas Estate Homes LOCATION: Poirer Ave, just off Sir Winston Churchill Ave.

2249 Blue Jay Landing NW

STARLING AT BIG LAKE

3:30 pm to 8:00 pm Mon- Thursday, 12:00 pm to 5:00 pm Weekends & Holidays

IF YOU CAN DREAM IT

WE CAN BUILD IT Ph. (780) 497-1288 Fax (780) 985-2100

www.greenlivinghomes.ca 56 38

DEVELOPER: Cameron

DEVELOPER: Concept Realty Homes, Daytona Homes Master Builder, BUILDERS: Concept Homes Ironstone Home Builders LOCATION: 179 Ave. & 104 St. LOCATION: 82 Street & 180 Avenue

22 CASTLEBROOK McCONACHIE STAGE 7

DEVELOPER: Canterra DEVELOPER: Ranger Realty Developments Corp.

BUILDERS: Bethpage Construction Corp, BUILDERS: Open, Sangam Homes Ltd, Sha-Ture Homes Inc., LOCATION: 110 St. & 176 Ave. 5 White Eagle Homes LOCATION: 167C Ave and 59-60 Street

3 HAWKS RIDGE AT BIG 3 LAKE MccONAcHIE LANDING

135 St.

DEVELOPER: Bedrock Homes BUILDER: Bedrock Homes LOCATION: 5495 & 5497 Schonsee Drive

DEVELOPER: Reid WorldwideRanger Corporation DEVELOPER: Realty BUILDERS: Fekete Homes, Rococo Homes BUILDERS: Urbanity Custom LOCATION: backing onto Lois Hole Homes, Open Provincial Park atLOCATION: Big Lake 147 Avenue and 14 street

113A St.

13

8 TUSCANY HILLS & UPPER 12 TUSCANY CASSELMAN DEVELOPER: United Communities LANDING

4

132 Ave.

97 St.

BUILDERS: OPEN DEVELOPER: Rohit LOCATION: North corner of 127th Street & Communities 195 Avenue BUILDERS: Rohit Communities Hoo Trail LOCATION: 5203 149 Avenue Yellowhead ke Rd Yel Herm itag 9 PALISADESNW low e hea DEVELOPER: MLC Group dT rail Kin gs BUILDERS:13 Bedrock Homes, Landmark FRASER VISTA wa yA Communities, Landmark Homes, DEVELOPER: G3Landmark Development ve.

Legacy Services Inc / Lamont Land Inc 111 Ave. LOCATION: South of 167th Bedrock Avenue & BUILDERS: Homes, East of 139 Street Prominent Homes 6 MccONAcHIE LOCATION: Fraser Vista DEVELOPER: Walton Development 10 and LEGACY POINTE is located in the Fraser VILLAGE AT GRIESBACH Managment L.P DEVELOPER: Concept Realtynorth on Victoria Community, DEVELOPER: Canada Lands BUILDERS: Jayman MasterBUILT, BUILDERS: Concept Homes Master Builder Trail and east on 153 approx.

BUILDERS:Innovations Homes By by Avi, Impact Jayman, Sabal Homes, LOCATION: 18230 - 104A Ave.t Homes, Coventry Homes, Dream Morrison Homes, RoyalHomes West Homes,

By Krisner,Carlisle Pacesetter Homes, Group 11 STARLING AT BIG LAKE Slokker-West, Carrington167 Communities LOCATION: Avenue and McConachie DEVELOPER: Rohit Land Development LOCATION: 137 Avenue North On Way BUILDERS: Celebration Homes, 97 Street West on Griesbach Road C2 Homes, Green Living Homes, Rohit 7 COLLEGE WOODS AT Communities, Cameron Homes, Art Custom TRUMPETER BY BIG LAKE LAKEVIEW Homes, Gill Built Homes DEVELOPER: United Communities DEVELOPER: College Woods Development Inc. LOCATION: North on Anthony Henday BUILDERS:BUILDERS: Entity Homes, Prominent Drive, take Ray Gibbons Drive, Estate HomesFekete Homes, Homes Ltd, Sehra Homes left on 137 Ave Montorio Homes LOCATION: 89 Street and 181 Avenue Classic Homes- Homes by Avi, 12 HUDSON PARK Sabal 8 Homes, Montorio Homes, AT SCHONSEE THE TERRACE DEVELOPER: Beaverbrook Communities Sterling Homes DEVELOPER: Brookfield Residential BUILDERS: Dolce Vita Homes, Cameron Duplex- Homes by Avi BUILDERS: Jayman MasterBUILT, Coventry Homes LOCATION: NorthSterling on Anthony Henday Homes, Homes, City Homes LOCATION: Just off 137 Ave & 141 St. Drive, WestLOCATION: at 137th Ave.North and 199 St. Avenue on 71st of 167

DEVELOPER: Walton Development DEVELOPER: MLC Group/Cameron and Managment L.P Communities BUILDERS: Sabal Homes, Montorio BUILDERS: ReidBuilt homes Homes, Morrison Homes, Reid Built LOCATION: 167C Ave and 59-60 Street Homes LOCATION: North of Yellowhead Trail CY BECKER on 215 Street DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Daytona Homes Master Builder, Rohit Communities LOCATION: Manning Fwy & 167 Avenue

5 VILLAGE AT SCHONSEE

34 St.

ve.

137 A

127 Ave.

Street

109 St.

142 St.

Fo rt Rd .

170 St.

118 Ave.

118 Ave.

.

10 Ave 144

il Tra ert Alb St.

129 Ave.

1 CRYSTALLINA NERA DEVELOPER: Genstar Development Co. 1 CASTLEBROOK MEADOWS 4 BUILDERS: Pacesetter Homes, Park Royal

4

12

137 Ave.

132 Ave.

To Spruce Grove & Stony Plain

12

20 121 St. St.

il

149 St.

144 Av e.

rT ra

7 MORNINGSIDE 11 FRASER RIVER PARK

162 Ave 11 .

151 Ave. 153 Ave.

127 St.

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167 Ave.

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124 St.

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66 St.

215 St.(Winterburn Rd.) Ray Gibbon Dr.

Hwy 44

8

DEVELOPER: Qualico Communities BUILDERS: Cameron Homes, BUILDERS: Sterling Pacesetter DolceHomes, Vita Homes, Lincolnberg Homes, CoventryHomes, Homes, Reid Built Homes, Sterling Homes Landmark Homes, Tristate Signature LOCATION: ManningHomes Drive LOCATION: 167and Avenue & 127th Street 153 Avenue

ToAve. Fort 195 Saskatchewan

1 St.

6

5

156 St.

7

8

Groat Rd.

To St. Albert

Bon Accord 1/9 Gibbons

6 NEWCASTLE Communities

112 St.

187 Ave.

northwest northeast

10 MANNING VILLAGE

1

13 STARLING LANDING

DEVELOPER: Rohit Communities

9 VITA CRYSTALLINA NERABUILDERS: Rohit Communities

DEVELOPER: Walton Developments LOCATION: 2405 Sparrow Crescent BUILDERS: Morrison Homes, Sabal Homes, Homexx Homes LOCATION: north on 82nd street and 180th Avenue

27 57

NORTHWEST

107 St. & 174 Ave.

Welcome home to Castlebrook, a family friendly, beautifully landscaped neighbourhood conveniently located in northwest Edmonton.

TIME IS RUNNING OUT TO PURCHASE A LOT IN THE FINAL STAGES OF CASTLEBROOK

780.413.7150 LOTS AVAILABLE TO THE PUBLIC

DONATE TODAY. STOLLERYKIDS.CA With your support, the Stollery Children’s Hospital Foundation is able to provide life-saving equipment, research that paves the way for new treatments and cures, medical innovations and specialized training, so that every child has the chance to go home again.

58 NEW HOME GUIDE | JULY 3 - 31, 2015

canterradevelopments.com

NORTHWEST

Minutes from St. Albert and the Lois Hole Provincial Park

A low-impact, sustainable neighbourhood

Choose from over 50 floor plans and ravine-backing lots

Over 2 km of walking paths and an abundance of green space

Single Family Homes, Duplexes, Townhomes and Bungalows by Award Winning Builders: Art Custom Homes, Averton Homes, Blackstone Homes, C2 Homes, Cameron Homes, Green Living Homes, Gill Built Homes & Rohit Communities Coming soon, San Rufo Homes

Visit the Showhome Parade at 137 Ave & Ray Gibbon Dr

Finalist at the 2015 Awards of Excellence

StarlingAtBigLake.com

59

NORTHWEST

Built Green (20/3)-/cb

60 NEW HOME GUIDE | JULY 3 - 31, 2015

Ant Hen hony day Dr

215 Street

NORTHWEST

ead owh Yell Trail

N

NORTHWEST

62 NEW HOME GUIDE | JULY 3 - 31, 2015

SHOWHOME REVIEW//

STERLING HOMES

Explore the Sahara & Sensation duplex » by SALINA YARA HALABI

S

terling Homes presents its beautiful duplex showhome located in the sought-after community of Newcastle. These expertly designed two-storey homes offer high quality finishes and details that set them apart from other duplex home options. Ideally located just moments away from Anthony Henday Drive, this duplex is perfect for those who desire the convenience of being situated near first-rate amenities, while being surrounded by a calm and welcoming neighborhood. Residents of Newcastle are only a few minutes away from an array of restaurants, shopping, and services. The community also features a serene community lake, plenty of green spaces and landscaped walking trails for families to enjoy.

At 1,435 sq. ft., the Sensation is an excellent starter home. Starting at $365,000, this home features a single garage that provides an ample amount of space to store a vehicle – a much-needed convenience during Edmonton’s colder months. Enter into the home and you will find yourself in a spacious foyer with a storage closet and quick garage access. To the right of the foyer is the home’s main floor bath as well as access to the basement, and staircase that leads to the home’s second level. A walk-through pantry is located to the left of the space, ensuring that groceries can be conveniently unloaded and stored without needing to enter into the main floor living area.

The main floor of the Sensation features an open concept living environment with appealing laminate flooring in a grey-toned wood style. The great room, kitchen and nook area offer an open and airy environment with plenty of windows that allow for natural light to fill the space. A unique shelving/cubby feature is built into the back wall of the great room, providing the perfect space to store electronics or to personalize with decor items.

To the left of the great room is the effectively designed kitchen, which includes plenty of counter and storage space. Dark toned cabinetry contrast beautifully against the homes light walls and grey kitchen countertops. The dining nook is bright and presents enough space to comfortably seat a table of six. The nook features sliding doors JULY 3 - 31, 2015 | NEW HOME GUIDE 63

//SHOWHOME REVIEW

that lead to the home’s back deck and charming yard – perfect for summer gatherings with family and friends.

The home’s second floor presents a large master bedroom with walk-in closet and full ensuite bath. Two additional bedrooms each providing large closets, and generously sized windows are found on the second floor of the Sensation. A full bath is situated next to the second bedroom, built-in desk unit, and a handy laundry space with front-load washer and dryer complete this level of the home.

Sterling’s second duplex is the Sahara, a gorgeous 1,544sq.-ft. home that showcases a coveted double car garage.

Starting at $380,000, the Sahara’s main floor also features an open concept living environment making for a welcoming and spacious living area. The entire main floor presents dark, engineered hardwood floors that make for a seamless design.

The great room includes a gas fireplace with modern mantle that is framed with two windows. To the left of the great room is an impressive kitchen, which includes an ample amount of

cabinet space to effectively store kitchenware. Stunning neutral granite countertops and mosaic tile backsplash enhance the rich tones in the kitchen’s cabinets, and a walk-in pantry offers sufficient storage space. A raised eating bar extends off the kitchen counter and transitions into home’s dining area.

Offering a substantial amount of space for seating for a dining table, the dining area also features sliding doors that lead to the back deck and yard.

The second floor of the Sahara also offers homeowners with three bedrooms, including a master bedroom with large walk-in closet and full ensuite with double sinks and a stand-up shower.

Completing the second level of the home are two additional bedrooms each with large closets and a generously sized window, and a full bath. A convenient laundry room is also located on the home’s second level.

For 60 years, Sterling Homes has been creating well designed, award-winning floorplans that meet the needs and lifestyles of homebuyers. Having established themselves as one of Edmonton’s most respected home builders, the Sterling Homes team strives to achieve the goals of each client, ultimately providing customers with an exceptionally built property that they can be proud to call home.

Visit the showhomes at 12242-173A Avenue NW, Monday to Thursday 3 to 8 p.m. or noon to 5 p.m. Saturday and Sunday.

For more information on this showhome or Sterling Home product, contact Mandi Timani at 780.756.0739 or visit sterlingedmonton.com JULY 3 - 31, 2015 | NEW HOME GUIDE 65

//MAKE YOUR MOVE

Pack up your misconceptions » by CHUCK RESNICK

CHUCK RESNICK

is Vice-President, Marketing and Operations at Two Men and a Truck – Canada

66

Many people faced with moving their residence think that packing is easy – a few boxes from the grocery or liquor store, some newspaper, a roll of tape and voila!

In fact, if you value your “stuff” and want it to arrive at your destination in good shape, packing involves much more consideration. This is especially true if you tend to be a bit disorganized at the best of times. Even if you pride yourself on being a stickler for details, you may benefit from a few tips on efficient packing.

The number-one thing to remember is to start packing several weeks ahead of your move-out/more-in date.

Done well, this process is amazingly time consuming, and packing in a hurry is usually counterproductive. Take your time to think everything through, and start with the items that are not critical

to unpack right away. Avoid the overwhelming nature of leaving things to the last minute.

Get some decent packing materials. Make sure boxes are sturdy so they will not collapse under the strain. Consider buying boxes from your mover. Rather than using newsprint, which tends to smudge everything it touches, purchase proper all-white newsprint packing paper. At the other end, you can smooth it out for reuse, or save it for the kids for drawing and painting. This paper is substantial and will protect your items while keeping them clean. The last thing you need at your destination residence is to have to wash dishes before arranging them in your cupboards. And speaking of dishes, did you know that packing them on their edges rather than flat can help to prevent breakage? Professional movers usually sell packing materials including boxes that are sized to stack neatly. This saves a lot of headaches on moving day.

One of the biggest mistakes do-it-yourselfer movers make is to over-pack. If you have ever tried to lift a huge carton filled with books, you know exactly what I mean.

At Two Men and a Truck Canada, we have a simple rule of thumb: the heavier the item, the smaller the box. Another great tip is to wrap small items like knickknacks in coloured tissue paper before surrounding them with packing paper so that you don’t accidentally throw them out when unpacking.

Trust me, it’s easy to do with little things. Over-packing also applies to cramming too much into one box. Remember that as carefully as you pack them, items can shift in transit.

If packing is not your thing, your mover will give you an estimate to do the packing for you. Leaving it up to the professionals takes a lot of the worry out of packing.

You might want to let your children pack their own toys and games, so they feel important in the move and are assured that their items are coming with them. Be sure to take legal documents, medical records, expensive jewelry and any other pertinent papers and possessions with you personally. Keep in mind that a professional moving company cannot transport hazardous materials such as flammables.

Think carefully before you decide to move these potentially dangerous items.

Be sure to label boxes on the top and on the sides to make it easier for whoever is distributing the cartons in your new home. Pack an essentials box of things you will need as soon as you move in and label it accordingly.

When it comes to moving a lot of items, a little common sense goes a long way.

DEVELOPER: Alldritt Land Corporation LP BUILDERS: Alldritt Homes, Bedrock Homes, Crimson Cove Homes, Infiniti MasterBuilt, Kanvi Homes, Kimberley CustomBuilt, Pacesetter Homes, Parkwood Master Builder, San Rufo Homes LOCATION: SW corner of Whitemud Dr. and Guardian Rd.

11 10

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9 GRANVILLE

DEVELOPER: Hopewell Residential Communities BUILDERS: Daytona Homes Master Builder, Innovations by Jayman, Jayman MasterBUILT, Prominent Homes, Sabal Homes LOCATION: North of Whitemud Dr. on 215 Street

11 HENLEY HEIGHTS

1 WOODHAVEN-EDGEMONT DEVELOPER: Walton Development and Management LP BUILDERS: Montorio Homes, Coventry Homes, Sabal Homes, Pacesetter Homes LOCATION: 215 Street and 35 Ave.

2 WEDGEWOOD

DEVELOPER: Reid Worldwide Corporation BUILDERS: ReidBuilt Homes LOCATION: Corner of Lessard Road & 180th Street

3 THE PROPERTIES OF DONSDALE

DEVELOPER: Alldritt Land Corporation LP BUILDERS: Open LOCATION: 178 Street south to Lessard Road turn on Danbury Boulevard & follow the signs

4 RIVER POINTE AT CAMERON HEIGHTS

DEVELOPER: Delta Square Properties Inc. BUILDERS: Habitat Studio, Vicky’s Homes, Heredity Homes, Areo Homes, Blackstone Homes, Homes by Managen, Open to the public.

LOCATION: Take Anthony Henday turn on Cameron Heights Dr.

5 EDGEMONT

Developer: Brookfield Residential BUILDERS: Brookfield Homes, Daytona Homes and Look Homes LOCATION: Lessard Road and 199 street, to Edgemont Way

6 EDGEMONT PLACE

DEVELOPER: Qualico Communities BUILDERS: Rohit Communities LOCATION: 20204 - 43 Ave.

7 CAMERON HEIGHTS

DEVELOPER: Cameron Heights Joint Venture BUILDERS: Canyon Spring Master Builder, Hillview Homes Master Builder, Landmark Homes, Darren’s Homes, Classic Landmark Homes, Pacesetter Homes, Kanvi Homes, Marcson Homes, Look Homes LOCATION: South on Anthony Henday to Cameron Heights Drive.

8 HAMPTON POINTE

DEVELOPER: Beaverbrook Communities BUILDERS: Bedrock Homes, Dolce Vita Homes, open LOCATION: Take Anthony Henday, turn West on Lessard Road.

DEVELOPER: Walton Developments and Management BUILDERS: Crimson Cove, Bedrock Homes, Connect Homes , Homes by Avi LOCATION: located just west of the existing Secord Community

12 STEWART GREENS

DEVELOPER: TROIKA BUILDERS: Daytona Homes, City Homes, Kirkland Homes LOCATION: It is bounded on the east by Anthony Henday Drive and on the north

by Stony Plain Road

13 ROSENTHAL

DEVELOPER: Melcor Developments Ltd BUILDERS: Daytona Homes, Homes

by Avi, Landmark Legacy Homes, Lincolnberg Homes, Dolce Vita Homes, Western Living Homes, Encore Master Builder, Look Master Builder, ReidBuilt Homes LOCATION: 215 Street and Whitemud

14 TIMBERIDGE AT EDGEMONT

DEVELOPER: Rohit Land Deveopment BUILDERS: Pacesetter Homes, Dolce Vita Homes, Rohit Communities LOCATION: Located at 199 Street and Elston Gate

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STAGE 11 LOTS NOW AVAILABLE! NEW SHOW HOMES OPEN! Edmonton’s most popular and exciting Craftsman inspired community. Nestled on 305 acres in West Edmonton, Granville features plenty of green space and trails, 2 beautiful ponds, charming masonry features including an old world bridge, a future school site, numerous amenities nearby including Costco within walking distance, and convenient proximity to the Whitemud and Anthony Henday freeways. Choose from an apartment style luxury condo (starting in the $240’s), a duplex (starting in the $360’s), a single family home (starting in the $440’s), or a refined estate home (ranging from the $650’s to $1.5 million).

Modern Style Living With Traditional, Classic Charm • Some homes feature walkouts onto a beautiful pond or amenity space.

Whitemud Dr. Gua COSTCO

rdia

SINGLE FAMILY SHOWHOMES

n Rd .

ESTATE SHOWHOMES

STAFFORD GREENS

62

Av

e.

Nw

Anthony Henday Dr.

DUPLEX SHOWHOMES

199 St. Nw

Winterburn Rd. (215 St. Nw)

Edmonton Marriott At River Cree Resort

• Beautiful Estate, Single Family and Duplex Show Homes.

• Only a handful of previous stage lots remain.

• Some homes available for immediate occupancy.

• 2C duplex lots, some with walkouts, available (no condo fees).

• Stafford Greens steel and concrete condos under construction, now selling off 62 Avenue.

2014 Awards of

EXCELLENCE in HOUSING

2015 Awards of

EXCELLENCE in HOUSING

Font: The Sans - Sans Caps Colours: black + PMS 484

WWW.MYG R ANVI LLE.COM PROUDLY PRESENTED BY ALLDRITT LAND CORPORATION LP

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better neighbourhoods for happier families

New Home Guide Client: Troika Project: STEWART GREENS Dimensions: 6.75” x 4.625” Insertion: May 8, 2015

CMYK

70 NEW HOME GUIDE | JULY 3 - 31, 2015

ANTHONY HENDAY DR

This is not an offering for sale. Such an offering can only be made with a disclosure statement. E.&O.E.

STONY PLAIN RD NW WINTERBURN RD

Stewart Greens, the happiest community in West Edmonton, offers more than ample parks, ponds and trails for families to enjoy.

Come see the showhomes today, and start planning for a happier life tomorrow.

WHITEMUD DR

Detached Homes Starting from the $430,000s

stewartgreens.com

WEST

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6 5

1 7 10 Genesis Drive

stony plain

AREA INFO

9

3

2

Genesis Lake Blvd.

1 THE BRICKYARD

DEVELOPER: Old Town Development Corp.

BUILDERS: Daytona Homes Master Builder, Kirkland Homes Master Builder, Lakeview Developments LOCATION: West of 50th street and 50th Ave, Stony Plain

2 GENESIS ON THE LAKES

DEVELOPER: Unitech Construction Services Ltd. BUILDERS: Ashton Homes, Caribbean Homes, Fox Maple Homes, Innova Homes, Sierra Homes, Stellar Homes LOCATION: South off highway 16A onto Highway 779 (also known as 48 Street)

3 LAKE WESTERRA

DEVELOPER: Qualico Communities BUILDERS: Coventry Homes, Sterling Homes LOCATION: Golf Course Rd. & 79 Ave.

5 SILVERSTONE

DEVELOPER: Qualico Communities BUILDERS: ReidBuilt Homes LOCATION: South on Boundary Rd at 44th Ave.

78 74

6 SPRING LAKE RANCH

DEVELOPER: Wilcor Development Group BUILDERS: Wilcor Homes, Open LOCATION: Spring Lake Exit off of Hwy 16A & Range Road 15

7 SOUTHCREEK

DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Alquinn Homes LOCATION: South of Fairway Drive & West of Boundary Road

8 THE ESTATES AT WATERS EDGE

DEVELOPER: Waters Edge Developments BUILDER: Waters Edge Developments LOCATION: Only 20 mins West of Stony Plain On Hwy 43 at Gunn & Just 35 mins West of St. Albert on Hwy 37 located on the North Shore of Lac Ste Anne

9 HILLS OF TWIN LAKES

DEVELOPER: Dyrbye Developments Ltd. BUILDERS: Open LOCATION: 2 miles North of Yellowhead Trail on highway 779 & 1.5 miles West on twp road 534

10 WILLOWS END

DEVELOPER: Jaffer Developments BUILDER: Jaffer Developments LOCATION: 48 Street and Willow Park Road North

• POPULATION: 10,544 and Growing.

• LOCATED: 20 km west of Edmonton on Hwy 16A • SCHOOLS: 4 Kindergarten to grade nine, Senior high, French Immersion & including 2 Religious schools.

• GROCERY: Extensive with new Big Box National Outlets 2 km to the east of town.

• RECREATION FACILITIES: New tri-municipal recreation complex east of town. 18 hole CPGA Championship Golf Coarse, curling, skating, library, Municipal Heritage Centre, Heritage Walk of Murals.

• MEDICAL FACILITIES: New 70 bed acute & extended care hospital.

Full ambulance services. 3 Medical Clinics.

• PARKS & PATHWAYS: Extensive, including 12 km of pathways, watercourses & Lions campground.

PUBLIC SCHOOLS • FOREST GREEN 5210 - 45 Street 963-7366 [1] • HIGH PARK 40 Highridge Way 963-2222 [1] [2] • MEMORIAL COMPOSITE 5116 - 55 Avenue 963-2255 [3] • MERIDIAN HEIGHTS 4119 - 43 Street 963-2280 [1][2] • STONY PLAIN CENTRAL 5108 - 55 Avenue 963-2203 [1][2]

SEPARATE SCHOOLS • JOHN PAUL II 5801 - 48 Street 963-2526 [1][2]

PRIVATE SCHOOLS • ST. MATTHEW LUTHERAN 5014 - 53 Avenue 963-2715 [1] Elementary K-6 [2] Junior High 7-9 [3] High School 10-12

4

Millgrove Dr.

5 Hawthorne Gate

Spruce Ridge Dr.

6

15

Woodhave D n r.

Highway 16A

1 HILLDOWNS

DEVELOPER: Robson Developments Ltd. BUILDERS: First Avenue Properties, Stylemaster by Rococo Homes, San Rufo Homes, Masterpiece Custom Homes, Celico Builders LOCATION: Grove Drive & King Street

2 VANDERBUILT COMMON

DEVELOPER: SG Developments BUILDER: MacLachlan & Mitchell Homes LOCATION: Century Rd & Viscount Common

3 HARVEST RIDGE

DEVELOPER: Lamont Land BUILDERS: Alquinn Homes, Bedrock Homes, Homexx, Lang Built Homes, Montorio Homes, Pacesetter Homes, Southbend Developments LOCATION: North of Grove Drive and West of Jennifer Heil Way

4 PARKLAND VILLAGE

DEVELOPER: Parkland Village BUILDERS: Country Hills Homes LOCATION: Yellowhead Trail West To Century Rd, North 2 min.

DEVELOPER: Qualico Communities BUILDERS: Alquinn Homes, City Homes.

LOCATION: North of Hwy 16A on Jennifer Heill Way, East on Hawthorne Gate

Brookwood

11

2

12 Jubilee Park

Grove Dr.

Century Rd.

1

McLeod Ave.

5 HAWTHORNE AT HEATHERGLEN

10

Lon gview Dr.

King St.

Dr.

Calahoo Rd.

Grove

13

Calahoo Rd.

Spruce Ridge Road

14

Aspenglen Dr.

9

Jennifer Heill Way

3

To Edmonton

7

Grove Meadows

Dr. Drive

McLeod Ave.

To Edmonton

6 SPRINGATE AT SPRUCE RIDGE

DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Alquinn Homes LOCATION: On Jennifer Heil West of Tri-Leisure Center

7 GREENBURY

DEVELOPER: Beaverbrook Communities BUILDERS: Western Living Homes, Dolce Vita Homes, Alquinn Homes, Cami Comfort Homes, MacLachlan & Mitchell Homes LOCATION: Grove Drive & Pioneer Road

8 HILLS OF TWIN LAKES

DEVELOPER: Dyrbye Developments Ltd. BUILDERS: Open LOCATION: 2 miles North of Yellowhead Trail on highway 779 & 1.5 miles West on twp road 534

9 DEER PARK ESTATES

DEVELOPER: Broadview Developments Inc. BUILDERS: Rococo Homes, Evani Homes, Patel Homes, Taillon Homes LOCATION: Grove Drive and Jennifer Heil Way

10 KENTON VILLAGE

DEVELOPER: Beaverbrook Communities BUILDERS: Alquinn Homes, Urbanage Homes, Bedrock Homes, San Rufo Homes, and Centurion Homes LOCATION: Century Road, South of Highway 16 at Vanderbilt Common

Pioneer Rd.

N

Highway 16

• POPULATION: 26,271.

• LOCATED: 11 km west of Edmonton on Hwy 16 or 16A. • SCHOOLS: 9 Public & Separate Schools.

• GROCERY: 11 Grocery/ Convenience stores, Safeway, IGA Garden Market, The Real Canadian Superstore & Walmart.

• RECREATIONAL FACILITIES: Twin Ice Arena, Curling Rink, Golf Course, TransAlta Tri Leisure Centre, many soccer fields and baseball diamonds.

• MEDICAL FACILITIES: Member of the West View Regional Health Authority with almost 50 Medical & Dental practitioners.

• PARKS & PATHWAYS: 15+ km of pathways spread throughout 230 hectares of natural & developed park space.

11 THE WOODS AT KENTON

DEVELOPER: Beaverbrook Communities BUILDERS: Alquinn Homes, and Hillview Master Builder LOCATION: Century Road, South of Highway 16 at Vanderbilt Common

12 PRESCOTT

DEVELOPER: Beaverbrook Communities BUILDERS: Averton Homes & MacLachlan & Mitchell Homes LOCATION: Grove Drive, East of Century Road

spruce grove

AREA INFO

8

13 JESPERDALE

DEVELOPER: Melcor Developments Ltd BUILDERS: ReidBuilt Homes, Encore Master Builder LOCATION: North of Grove Drive.

14 STONESHIRE

DEVELOPER: Melcor Developments Ltd BUILDERS: Canyon Springs Master Builder, Stonegate Developments, Lang Built Homes LOCATION: Longeview Drive & Fairway Drive

15 MCLAUGHLIN

DEVELOPER: Melcor Developments Ltd BUILDERS: Bedrock Homes, Look Homes, Pacesetter Homes LOCATION: Westgrove Drive and McLaughlin Drive.

As Alberta’s 11th city, Spruce Grove is your city in the “country”. The place to live....naturally. for more information call (780) 962-7612 or visit our website at www.sprucegrove.org

75 79

Home Builders Aacropolis Homes Alldritt Homes Artisan Homes Inc.

www.artisancommunities.ca www.averton.ca

Bedrock Homes

www.bedrockhomes.ca www.bosshomes.ca

Brookfield Residential

www.livebrookfield.com

Caliber Master Builder

www.calibermasterbuilder.ca

Cameron Homes Inc.

www.cameronhomes.ca

Cami Comfort Homes

www.camicomforthomes.ca

Canyon Spring Master Builder Celebration Homes Cobblestone Master Builder Compass Rose Homes Inc. Coventry Homes Daytona Homes Master Builder Design Innovations Dolce Vita Homes LP Encore Master Builder

www.canyonspringhomes.com www.celebrationhomes.ca www.mycobblestone.ca www.compassrose.ca www.coventry-homes.com www.daytonahomes.ca www.designinnovationsinc.com www.dolcevitahomes.ca www.encorehomes.ca

Enitity Homes

www.entityhomes.ca

Fekete Homes

www.feketehomes.ca

Green Living Homes Gannet Homes Master Builder Homes by Avi

76 NEW HOME GUIDE | JULY 3 - 31, 2015

www.alldritthomes.com

Averton Homes

Boss Homes

web directory

www.aacropolishomes.com

www.greenlivinghomes.ca www.gannethomes.com www.homesbyavi.com

Homes by Santos Construction Homexx Corporation Iconic Estate Homes

www.santoshomes.ca www.homexx.ca www.iconichomes.ca

Infiniti Master Builders

www.infinitimasterbuilder.com

Innovations by Jayman

www.jayman.com

Jayman MasterBUILT

www.jayman.com

Kimberley Homes Landmark Group of Builders MacLachlan & Mitchell Homes Marco Antonio Homes

www.buildwithkimberley.ca www.landmarkgroup.ca www.macmitch-homes.com www.marcoantoniohomes.com

Mattamy Homes

www.mattamyhomes.com

Montorio Homes

www.montorio.ca

Pacesetter Homes Perry Signature Homes Inc. Pompei Homes ReidBuilt Homes Rococo Homes Rohit Communities Sabal Homes Sterling Homes Edmonton Ltd. Urban Living by Landmark Urbanity Custom Homes Ltd. Vicky’s Homes White Eagle Homes Ltd

web directory

www.yourpacesetter.com www.perryhomes.ca www.pompeihomes.com www.reidbuilthomes.com www.rococohomesinc.ca www.rohitcommunities.com www.sabalhomes.com www.sterlingedmonton.com

OUR HOMES COME IN A WIDE VARIETY

www.landmarkurban.ca www.urbanityhomes.com www.vickyshomes.ca www.whiteeaglehomes.ca

LandmarkHomes.ca JULY 3 - 31, 2015 | NEW HOME GUIDE 77

Developers/Communities Allard in Heritage Valley by MLC Group / JCA Financial

www.allard.ca

Allard Heritage Valley by United Communities

www.allardheritagevalley.ca

Alpine Ridge in Terrace Heights by Qualico Communities Ambleside South by Qualico Communities Ambleside in Windermere Beaverbrook Developments Brookfield Residential Callaghan by Rohit Land Development

web directory

Cameron Communities Canada Lands Company Canterra Developments Corp.

Chappelle Gardens by Brookfield Residential Creekwood Chappelle

www.amblesidewindermere.ca www.beaverbrook.ca www.livebrookfield.com www.liveincallaghan.com www.cameroncommunities.ca www.villageatgriesbach.com www.canterradevelopments.com www.chappellegardens.com www.creekwoodchappelle.com www.cybecker.com

Desrochers Villages by MLC Group

www.desrochers-villages.com

Eaglemont by MLC Group Edgemont by Brookfield Residential Edgemont Place by Qualico Communities Forest Ridge by Qualico Communities Fraser Vista by G3 Developments/Lamont Land Genstar Development Company Glenridding by United Communities Glenridding Heights by Rohit Land Development

78 NEW HOME GUIDE | JULY 3 - 31, 2015

www.amblesidesouth.com

Cy Becker by Qualico Communities

Dream Development

ChappelleGardens.com

www.alpine-ridge.ca

Granville by Alldritt Land Corporation

www.dream.ca www.eaglemont-beaumont.com www.myedgemont.ca www.edgemontplace.com www.forestridgefortsask.com www.fraservista.ca www.genstar.com www.glenridding.ca www.glenriddingheights.com www.mygranville.com

Graydon Hill by MLC Group

www.graydon-hill.com

Greenbury by Beaverbrook

www.greenbury.ca

Griesbach by Canada Lands

www.villageatgriesbach.com

Harvest Ridge Hampton Terrace

by Lamont

by Qualico Land Communities

www.hamptonterraceedmonton.com www.harvestridge.ca

Hawks Ridge Harvest RidgeatbyBig Lamont Lake Land

www.harvestridge.ca www.hawksridge.ca

Hawthorne Hawks Ridge at Heather at Big Lake Glen by Qualico Communities

www.hawthornesprucegrove.com www.hawksridge.ca

Hopewell Residential Hawthorne at Heather Glen by Qualico Communities

www.hopewellcommunities.com www.hawthornesprucegrove.com

Hudson Park Hopewell Residential

by Beaverbrook

www.hopewellcommunities.com www.homesinhudson.ca

Keswick Park Hudson on thebyRiver Beaverbrook

keswick-in-windermere.com www.homesinhudson.ca

Kenton Village Keswick on the by River Beaverbrook

keswick-in-windermere.com www.kentonvillage.ca

Lake Summerside Kenton Village by Beaverbrook

by Brookfield Residential

www.lakesummerside.com www.kentonvillage.ca

Langdale Lake Summerside in Windermere

by Brookfield

by Qualico Residential Communities

www.langdale-windermere.com www.lakesummerside.com

Laurel Crossing Langdale in Windermere

by Qualico byCommunities Qualico Communities

www.langdale-windermere.com www.laurel-crossing.com

Laurel Crossing Green by byDream Qualico Development Communities

web directory

www.laurel-crossing.com www.livelaurelgreen.ca

Maclab Green Laurel Enterprises

by Dream Development

www.livelaurelgreen.ca www.maclab.com

ManningEnterprises Maclab Village by Cameron Communities

www.manningvillage.com www.maclab.com

Maple Crest Manning Village

by Dream

by Cameron Development Communities

www.manningvillage.com www.livemaplecrest.com

McConachie Maple Crest by

by Dream WaltonDevelopment Development & Management L.P.

www.livemaplecrest.com www.mcconachie.ca

Meadowview by Walton McConachie QualicoDevelopment Communities& Management L.P.www.liveinmeadowview.com www.mcconachie.ca MLC Group by Qualico Communities Meadowview

www.liveinmeadowview.com www.mlcland.com

Montalet MLC Group

by United Communities

www.mlcland.com www.montalet.ca

Morningside Montalet

by United Properties Communities

www.mymorningside.com www.montalet.ca

Newcastle by Properties Morningside Qualico Communities

www.newcastle-edmonton.com www.mymorningside.com

ONE at Windermere Newcastle

by Qualico Communities

www.newcastle-edmonton.com www.oneatwindermere.com

ONE at Windermere Paisley at Heritage Valley by Brookfield Residential

www.oneatwindermere.com www.paisleycommunity.com

JUN JULY 5 - 3JUL - 31, 3, 2015 | NEW HOME GUIDE 79 87

Developers/Communities Prescott by Beaverbrook

www.liveinprescott.ca

Qualico Communities

www.qualicocommunities.com

Ravines of Devon by Qualico Communities

www.theravinesofdevon.com

Ravines of Richford by Rohit Land Development

www.ravinesofrichford.com

Reid Worldwide Corporation

www.rwwc.ca

Robinson by Beaverbrook

www.LiveInRobinson.ca

Ruisseau by Qualico Communities

web directory

www.ruisseau-beaumont.com

Secord by Hopewell Residential

www.liveinsecord.ca

Sienna by Qualico Communities

www.sienna-fortsask.com

Silverstone by Qualico Communities

www.silverstone-stonyplain.com

Southcreek by Qualico Communities

www.southcreek.ca

South Pointe by MLC Group

www.south-pointe.ca

Springate at Spruce Ridge by Qualico Communities

www.springatesprucegrove.com

Starling at Big Lake by Rohit Land Development Strata Developments Summerwood by Qualico Communities

www.stratadevelopments.ca www.summerwoodsherwoodpark.com

Suntree by Maclab Enterprises Tamarack by Dream Development Tamarack Common by Qualico Communities The Club & Residences of River’s Gate by Beaverbrook.

The Estates at Waters Edge The Orchards at Ellerslie by Brookfield Residential 80 NEW HOME GUIDE | JULY 3 - 31, 2015

www.StarlingAtBigLake.com

www.liveinsuntree.ca www.livetamarack.com www.tamarackcommon.com www.riversgate.ca www.WatersEdgeEstates.ca www.theorchards.ca

The Terrace at Schonsee by Brookfield Residential

www.discovertheterrace.ca

Triomphe by MLC Group

www.triomphe-beaumont.com

Trumpeter by United Communities

www.trumpeterbiglake.ca

Tuscany Hills by United Communities

www.tuscanyhills.ca

United Communities

www.unitedcommunities.com

Upper Windermere by Beaverbrook

www.upperwindermere.com

Vita Crystallina Nera

www.liveatvita.com

Villas on the Ravine

www.villasontheravine.com

Walker Lakes Station by MLC Group / JCA Financial

www.walkerlakes-station.ca

Walker Summit by United Communities

www.walkersummit.com

Walton Development and Management L.P.

web directory

www.waltondm.com

Westerra by Qualico Communities

www.westerrastonyplain.com

Windermere Ridge by Beaverbrook

www.windermereridge.ca

Windrose by Maclab Enterprises

www.liveinwindrose.ca

Woodhaven - Edgemont

www.woodhavenedgemont.com

The Woods at Kenton by Beaverbrook

www.woodsatkenton.ca

Related Business Canadian Home Builders’ Association - Alberta Edmonton Custom Decks Edmonton New Home Information Edmonton New Home Guide SLC Ltd.

www.chbaalberta.ca www.edmontoncustomdecks.com www.new-home.com www.NewHomeGuide.ca www.shaneslandscaping.com JULY 3 - 31, 2015 | NEW HOME GUIDE 81

PANTRY TOO SMALL? You wouldn’t buy a car without test driving it, would you?

So why buy a home without test living it?

28 Showhomes to Test Live Today! bedrockhomes.ca