Edmonton New Home Guide - Nov 21, 2014

Nov 21 - Dec 19, 2014 Volume 26 Issue 12

Edmonton Edition

INSIDE THIS ISSUE

EDMONTON TOPS FOR INVESTMENT IN ALBERTA

Your Best Source for New Homes

HOUSING MARKET REMAINS STRONG AND STEADY

LANDSCAPING: HOW TO PREPARE FOR WINTER

SIT K- E OF 9 S FU CH TUR OO E L

Community designed for better living Located just 15 minutes south of Edmonton, Southfork is a community designed to create stories. With abundant green space, kilometres of pathways, playgrounds and a landscaped pond, your adventure awaits. Southfork is now the site of a future K-9 school, scheduled to open in the 2016-17 school year. Currently, there are numerous schools in the nearby Black Gold School District.

Discover your Happily Ever After at southforkleduc.com TOWNHOMES FROM

$308,000

Featuring Homes by these Award Winning Builders

SEMI-ATTACHED HOMES

LANED HOMES

$320,000

$315,000

FROM

FROM

FRONT DRIVE HOMES FROM

$415,000

12 Show Homes, 8 Communities, 1 Great Builder

Attached Homes

Laned Homes

Duplex Homes

Town Homes

Chappelle Gardens 3308 Cutler Cres. SW 780.431.8842

Aurora 3305 Weidle Way SW 780.431.8836

Aurora 3360 Weidle Way SW 780.431.8850

Manning Village Manning Dr. & 153 Ave. 780.431.8804

Glenridding Heights 1415 164 Street SW 780.431.8827

Manning Village Manning Dr. & 153 Ave. 780.431.8804

Graydon Hill Now Preselling!

780.431.8842

Rosenthal 9026 Rosenthal Link 780.431.8853

Rosenthal 9026 Rosenthal Link 780.430.8445

Laurel East 2925 18A Avenue 780.431.8850

Walker Lakes 6408 - 16 Avenue SW 780.431.8816

Aurora

66 St. & Winspear Comm. SW

780.431.8809

www.lincolnberg.com Showhome Hours: Monday - Thursday 3 to 8 pm, Saturday, Sunday & Holidays Noon to 5 pm, Closed Fridays. *Some conditions apply. See sales consultant for details. We reserve the right to withdraw this offer at any time. E. & O. E.

3

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere!

Now you can view all New Home Guide magazines online using any smartphone, tablet or desktop device.

Published by

NEWHOMEGUIDE.CA

5

New 2015 Annual Coming soon

On Now! Watch for it!

OnStands Stands Soon!

October 2012

BUILDER & DEVELOPER

A Comprehensive Guide to Edmonton’s Builders, Developers and Communities

The stories behind Edmonton’s top builders, developers & new communities

6 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

7

contents

NOV 21 - DEC 19, 2014 || VOLUME 26 ISSUE 12

Community Profile

P.61

GLENNRIDDING Scottish for location, location, location!

features & editorials IN EVERY ISSUE

HOMEBUYERS’ HELP

10

23

Showhome Review

56

Top Homebuying Tips

Editor’s Note

COLUMNISTS

18

32 38 76

Homebuyers’ Help

Prepping your landscaping for the winter

by Shane’s Landscaping & Contracting Ltd.

61

Fundamentally Speaking

Interest rate hike unlikely in 2015: BMO chief economist

74

by Wayne Karl

CHBA - Alberta

Edmonton market strong, steady

by Jim Rivait

Mortgage Advice

A good financial reason to not overpay for your home

by Alyssa Richard

8 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

92

Innova Homes – dream, build, live How to reduce your energy consumption and heating costs

Community Profile

Glenridding – Scottish for location, location, location!

New Homebuyers’ Resource Section Mortgage calculator and rate table

IN THE NEWS

44 46 82 88

Web Directory

Edmonton area builders, developers and communities

90

Real Estate Investment

Edmonton the top city in Alberta for real estate investment

by Wayne Karl

Real Estate

Canada’s top real estate market?

Two of them are in Alberta

Fraser Vista

Discover Edmonton’s newest vista – Fraser Vista showhomes

by Aurea Vasseur

Urbanity Custom Homes

Showhome grand opening coming up in Fraser River Park

by Salina Yara Halabi

Development

Demographics driving demand for mixed-use developments

ON THE COVER

p. 28

Nov 21 - Dec 19, 2014 Volume 26 Issue 12

PRESIDENT, WALL2WALL MEDIA

Edmonton Edition

Your Best Source for New Homes

Jacqueline Hill

EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge

ROHIT LAND DEVELOPMENT

DIRECTOR OF SALES, NATIONAL

Josh Heppner

SENIOR SALES MANAGER, WESTERN CANADA

Edwin Rizarri

Starling at Big Lake

ART DIRECTOR

Victoria Cigan EDITOR

Wayne Karl CONTRIBUTING EDITORS

Sara Duck Elisa Krovblit Lydia McNutt

SENIOR MEDIA CONSULTANTS INSIDE THIS ISSUE

EDMONTON TOPS FOR INVESTMENT IN ALBERTA

HOUSING MARKET REMAINS STRONG AND STEADY

LANDSCAPING: HOW TO PREPARE FOR WINTER

Jennifer Mizier 780.217.6778 Nancy Chemait 780.619.3241 PRODUCTION CO-ORDINATOR

Greg Van Sluytman GRAPHIC DESIGNERS

Viosa Barileva Miguel Cea MANAGER OF PRODUCTION

Bala Gnanapandithan Published By

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

newhomeguide.ca

90 district maps 012

Edmonton Region

065

South

026

St. Albert

070

Leduc

027

Northwest

071

Beaumont

040

Stony Plain

077

Southeast

041

West

078

Sherwood Park

049

Spruce Grove

079

Fort Saskatchewan

051

Southwest

083

Northeast

COPYRIGHT 2014 All rights reserved by New Home Guide, Toronto, Ontario, Canada.

Reproduction in any form is prohibited.

Contents of this publication are covered by Copyright and offenders will be prosecuted under the law. The views and data expressed by columnists do not necessarily represent those of the publication.Wall2Wall Media is a trademark of Yellow Pages Group Co. in Canada.

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

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

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 9

//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 long-term 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.

SUSAN LEGGE

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

Location, location, location What’s important to you when looking for a new home location?

W

WAYNE KARL

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

hen looking for a new home, a number of factors come into play: How far from work? How close to schools and shopping? What other important amenities are nearby?

The answers to these and other questions are varied and depend on your personal situation and preferences.

What’s most important to you when searching for your perfect “location, location, location?”

It should come as no surprise that buyers increasingly say that being close to public transit and having a short commute are among the features that matter most. Maybe not the number one concern, but certainly right up there, and increasingly so.

As we approach the end of the year, you’ll hear more and more sources, from

Canada Mortgage and Housing Corp., to the major banks and other experts, offer their forecast for 2015. Interest rates, many economists suggest, aren’t likely rise significantly.

Affordability, which varies depending on your local market, is becoming increasingly tested on many fronts.

What’s left? Watch for issues such as land supply and acquisition costs to have a growing impact on pricing, home types and availability.

As you go through the new-home buying process, these are the types of issues you’ll be learning more about, and that will affect your decision.

We’re here to help. Pick up New Home Guide in the coming weeks for market news, analysis and other information to help you find your perfect location, location, location.

10 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

MAT

Greatest GIFT THE

The whole day should be a blur, but it isn’t.

The whole day should give us the numbed feeling of “I’msotiredIcanhardlykeepmyeyesopen”, but it doesn’t.

Such is the magic of the Day. From that moment when the sky still has more moon than sun and we’re awakened by the kids attempting to pad silently down the stairs, just before we hear the whispered guesses of what’s beneath the wrapping paper, to that moment when dinner is finished and we hear a contented sigh from all those who have helped make an entire turkey disappear, we are under the influence of a great gift.

But it’s not Santa Claus who brings this great gift.

It’s not something that can be wrapped and placed under a tree. It’s not anything that can be bought at any price.

It is a gift we can only receive while surrounded by those who mean the most to us; the family and friends with whom we share laughter, tears, secrets, dreams and life’s moments big and small.

The true gift of Christmas is the simplicity of welcoming into our homes, all those who bring meaning to our lives. The greatest gift we can ever open at Christmas is the front door.

Merry Christmas to all and Joy to the World.

Single Family Homes 1,729 Sq.Ft. From $419,900

Sales Centre: 274 Reichert Drive, AB, Beaumont, T4X 0B9 Phone: 780-929-1111 Online: mattamyhomes.com Email: sls_beaumont@mattamycorp.com

Sales Centre Hours: Monday to Thursday 2pm-8pm; Friday to Sunday and Holidays 12pm-5pm • Follow us: *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_1018445_NHG_FP_Mag.indd 1

11

2014-11-12 3:16 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!

Call (780) 484-8754 www.gannethomes.com

ERHBA MEMBER

12 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

13

14

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 15

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.

16 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

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.

ENJOY LAKESIDE LIVING YEAR ROUND Only forty five minutes west of Edmonton and thirty minutes west of St. Albert, Lac Ste. Anne is conveniently located only a stones throw from a major city. Your journey will be well worth the short trip. Establish a permanent residence or settle in for the weekend.

Our vibrant full service community will compliment you at any stage in life.

SINGLE FAMILY HOMES WITH FULLY LANDSCAPED LOTS STARTING AT

FULLY SERVICED LOTS

780.405.6378 info@watersedgeestates.ca WatersEdgeEstates.ca

You’re ready to make your move

$349,900

STARTING IN THE

LOW $100’S

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?

® Registered trade-mark of Bank of Montreal.

Mortgage Expertise at Your Doorstep 24/7 74_BMO_20/13

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 17

//HOMEBUYERS’ HELP

PREPPING YOUR LANDSCAPING

for the Winter » by SHANE’S LANDSCAPING & CONTRACTING LTD.

With the arrival of our long cold winter, it is essential to complete a few projects to keep your landscaping and garden protected through the dormant winter months. Prepare shrubs, trees and grass now, and they will

return healthy in the spring. Hopefully, you were able to get a few of these done in the last few weeks before the snow.

WINTER LANDSCAPES: PREPARING YOUR LAWN It may appear that the grass has stopped growing in the fall. However, the roots are actually growing deeper to prepare for winter. Fall is the best time to fertilize and reseed your lawn. Feeding the lawn in the fall will give the roots a boost before winter arrives. A second feeding before the first snowfall, will keep it winterized and strong through the freezing weather. If your lawn has some bare patches, fall is a great time to sod or reseed. Adding sod gives you an instantly perfect lawn that will be a pleasure when the warm weather returns. To firmly establish new sod, keep it moist for the first week after it is laid. After the first week, it can be watered as needed.

WINTER LANDSCAPING TIPS FOR PRUNING SHRUBS & HEDGES Pruning is important to encourage healthy growth in spring. A good rule is to prune spring blooming shrubs immediately after flowering and to prune summer blooming shrubs in the dormant season. Pruning too late in the growing season will encourage new growth that will be damaged by frost. When pruning, use caution to make the cut at a slight angle about a quarter-inch from the branch. Some shrubs need to be wrapped with burlap to protect them from frost. Spreading a layer of mulch around the base of the plants to provide insulation for the winter is a great help.

18 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

LANDSCAPING TIPS FOR TREES Like most of the plants in your yard, trees need special care. It is important to keep tree limbs away from power lines and away from the roof of your house. Branches can easily pull down gutters or cause other costly damage if they are hanging over your house.

When planning to prune trees, consult with a professional arborist.

PREPARING LANDSCAPE FIXTURES FOR WINTER Walkways and patios can take a beating in cold weather. Shifts in temperature and humidity can cause concrete and brick to heave and settle unevenly.

Keeping them free of water build-up and debris will reduce the chances of winter damage. If you noticed water or ice accumulation last winter, take steps now to provide proper drainage. This can be as simple as adding a small gravel drainage channel next to a walkway or fixing a gutter that drips onto steps. Remember to have your irrigation system blown out, and disconnect any outdoor garden hoses.

WINTER FUN Hot tubs and spas will be a welcome treat in the cool weather. Make sure the heater and pump are functioning properly. If not handled correctly, water could freeze in the pump, pipes or the hot tub itself, causing irreparable damage.

SLC Ltd. is locally owned and operated, providing residential/commercial landscaping, commercial snow removal services to Edmonton and surrounding area. Call us for a consultation at 780.983.8233 or view our website at shaneslandscaping.com

HE HE

COMIN SOON

NOW S

CALL 78

VILLAGE AT GRIESBACH

TRUMPETER

BY BIG LAKE

ASPEN TRAILS

HENLEY HEIGHTS COMING SOON!

ROSENTHAL NOW SELLING!

CALL 780-410-2072

MAPLE CREST

AMBLESIDE CHAPPELLE GARDENS

GLENRIDDING

SUMMERSIDE

PAISLEY

Single Family w/ Front Attached Garage THE ORCHARDS CREEKWOOD CHAPPELLE NOW SELLING!

CALL 780-410-2066

Single Family w/ Rear Detached Garage

SOUTHFORK

Duplexes Street Towns

Single Family w/ Front Attached Garage

Single Family w/ Rear Detached Garage

2014 ALBERTA REGIONAL WINNER Supported by

Duplexes

Street Towns

December 6-21 PUT A SPARK IN YOUR HOLIDAY SPIRIT. Brookfield Residential along with our preferred home builders, have tastefully decorated our showhomes in 6 different themes in all of our communities throughout Edmonton.

When visiting our homes, show your support by donating to the community’s charity of choice.

This self-guided tour includes different styles of showhomes, from townhomes, duplexes and single family homes to move-up and estate homes. Get inspired with some great ideas to decorate your own home and the best part, it’s our FREE gift to you!

Showhome Hours

Proud Sponsor

Storybook Christmas

Monday - Thursday: 2 - 8 pm Friday: Closed (Brookfield Residential is open 12 - 5 pm) Weekends: 12 - 5 pm

A Division of

Nature Wonderland

Coastal Christmas

Traditional

C

al

PARTICIPIATING BUILDERS Aacropolis Homes Brookfield Residential Canyon Springs Master Builder City Homes Master Builder Coventry Homes Daytona Homes Master Builder Homes by AVI Innovations by Jayman Jayman MasterBUILT Landmark Homes Landmark Legacy Homes Look Master Builder Morrison Homes Pacesetter Homes Sterling Homes

Christma s

Christmas Carnival

GlamChristmas

LiveBrookfield.com #BrookfieldYEG

22 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

SHOWHOME REVIEW//

Innova Homes …Dream, build, live

I

nnova Homes is pleased to present its outstanding showhome… The Rockwood. Located at 1 Aspenglen Cove in the desirable area of Jesperdale of Spruce Grove, this dynamic two-storey, 2,275-sq.-ft. home is perfectly situated in a cul-de-sac close to walking trails and greenspaces. The stylish exterior is a picture-perfect invitation to all who will call this home.

The welcoming, spacious front entrance way with vaulted ceilings, hardwood flooring, double door closet, six-in. baseboards, crown molding, and oh, so much room, demonstrates Innova Homes’ intuitive understanding of how a home should be built.

The pleasure of custom design is apparent as the wide hallway flows into the open concept gourmet kitchen, great room and dining room – all bathed in light from the wall of windows and designer light fixtures. White cabinetry pull outs with brushed steel hardware and quartz countertops contrast richly with the maple engineered flooring. The kitchen design allows the cook to enjoy company while preparing meals as the large quartz island easily has room for four or more stools. The deep, stainless steel undermount sink with front apron is set into the island adjacent the countertop gas stove. The Kitchen Aid microwave is built-in beneath the counter for easy access and includes a child safety lock. The double door Kitchen Aid fridge with lower freezer drawer is perfect for all your entertaining. This gourmet kitchen has no lack of cabinetry or soft close drawers… beauty and

practicality! Circle around to the “prep kitchen tucked away for all your cooking needs.” This unique feature has more cabinets, quartz countertops and even a prep sink for those special affairs! A sleek stainless steel range hood, dishwasher, pot filler, semi-professional kitchen chrome faucet are just a few of the many subtle intricacies this home has to offer.

This versatile design style harmonizes earthy elements from nature with modern details for a timeless look that encourages casual living with style. Taking inspiration from our prairie landscape, color tones are earthy as in the maple engineered flooring, while textural elements such as stainless steel and quartz add a contemporary touch.

The great room features a spectacular and very unique Napoleon square gas fireplace adding grace and warmth. Built in home automation and zoned sound will make every occasion seamless.

To the left of the front door is a doorway leading to the triple car garage entrance; with built in cubbies and coat hooks, a multitude of drawers for storage of those extra shoes, mitts or toques, this room is NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 23

//SHOWHOME REVIEW

The pleasure of custom design is apparent as the wide hallway flows into the open concept gourmet kitchen, great room and dining room – all bathed in light from the wall of windows and designer light fixtures. ideal for the family on the go! How perfect is that? Within this large area is the main floor laundry with more storage cabinets. Beautiful white ceramic flooring accent the white cabinetry making this double duty room open, bright and a pleasure to be in. A convenient two-piece powder room is just around the corner.

Off the living room, the wide carpeted staircase, with maple railings, leads to three spacious bedrooms, bathroom and a bonus room. Each carpeted bedroom has ample closet space and streaming light from large windows.

Located over the attached garage is the bonus room. With large windows and a vaulted ceiling this room is the ultimate playroom, office or entertainment centre. A three-piece bathroom is situated beside the bedrooms.

The master bedroom is ideal for that king size bed you have always wanted. Large windows make this room inviting day or night. The ensuite must be seen! White tiles throughout, dark wood double cabinets and a large frosted window for streaming natural light accent the gorgeous dual vessel sinks and designer chrome faucets. The enormous stand-alone, 10-ml glass shower sports both the practical hand held sprayer and separate rain shower head. A private separate room houses the toilet. Grab your favorite book and sink into the deep, long soaker tub for supreme relaxation. From the bathroom is the perfect walk-in closet complete with custom millwork built-in solid shelving and rods.

24 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

Spruce Grove is a well, designed city just ten minutes from Edmonton and the Anthony Henday. This delightful family oriented city is complete with all the amenities, recreation and shopping your family will need. The Tri-Leisure Centre, TLC as the locals call it, is the complete package for all ages with indoor swimming, soccer fields, ice rinks, gymnasiums and so much more. Paved nature trails, parks, creeks and ponds dot this safe and peaceful community. Culture is alive and thriving with the active art community and library or load up the family for short 15 minute drive to any one the surrounding lakes.

Innova Homes believes your new home should reflect your unique personality, tastes and lifestyle. Your new home should be the realization of a dream come true. With that in mind, Innova Homes are constructed of quality material by skilled craftsmen under careful supervision providing each homeowner a home of which they can be proud. Each member of the Innova Homes team, employees, suppliers, sub-trades and professional support services are dedicated to making the new home purchase a positive experience whether in town or on an acreage.

For more information, visit innovahomes.ca or call Darcee at 780.953.7978. Visit the showhome at 1 Aspenglen Cove in Spruce Grove.

Open Monday through Thursday 3 to 8 p.m. and Saturday and Sunday noon to 5 p.m.

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 25

.

Dr

Highway 2

r.

Lacombe Dr. G i

Be

7

yR

d.

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

1

5

ero se Dr.

.

Rd roux

rt St. Albe

ll

Poirier Ave.

170 St.

1 LACOMBE PARK ESTATES

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

St .

Alb

er t

127 St.

167 Ave.

6

Tr.

156 St.

Si

184 St.

Levasseur Rd.

Boudreau Rd.

Campbell Rd.

be r

tR d.

Rd.

.

8 Rd on B e ou g r d r u . e au R d ve.

St ve . ny A lA Ken r h il Mc e c v r u Ri h nC on ge sto ur in St rW

He '

Hogan Rd.

2

ke

Sturgeon County

.

Dr

RR. 261

ar

eD idg nR Eri

Villeneuve Rd.

1

St

3

a ist kV Oa

tt

eri

d eR

in

lM

a Co

• POPULATION: 60,994

4

.

Ev

Dr. on ibb y G Ra

st. albert

AREA INFO

TO MORINVILLE Twnship 544

TO EDMONTON

6 TUSCANY HILLS & UPPER TUSCANY

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

• 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

DEVELOPER: Canterra Developments Corp.

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

5 THE CLUB & RESIDENCES OF RIVER’S GATE

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

Mortgage solutions that work for you.

Whether you’re buying your first one or your fifth, at ATB, we’ll work together to sort out the details and get you into the home of your dreams.

Call Eloise today to find the right mortgage option for you.

NEW DELHI

SAVING І BORROWING І INVESTING І KNOW-HOW

26

Eloise Alves Mortgage Specialist ATB Financial Phone: 780-886-5133 Fax: 780-665-4341 Email: ealves@atb.com

121 St.

112 St.

132 Ave. 127 Ave. Yellowhead Trail

Kin gsw ay

Av e.

111 Ave.

1 CASTLEBROOK MEADOWS DEVELOPER: Concept Realty BUILDERS: Concept Homes LOCATION: 179 Ave. & 104 St.

2 CASTLEBROOK

DEVELOPER: Canterra Developments Corp.

BUILDERS: Open, LOCATION: 110 St. & 176 Ave.

3 HAWKS RIDGE AT BIG LAKE

DEVELOPER: Walton Development and Managment L.P BUILDERS: Sabal Homes, Montorio Homes, Morrison Homes, Reid Built Homes LOCATION: North of Yellowhead Trail on 215 Street

DEVELOPER: United Communities BUILDERS: OPEN LOCATION: North corner of 127th Street & 195 Avenue

9 PALISADES 109 St.

124 St.

149 St.

To Spruce Grove & Stony Plain

156 St.

118 Ave.

DEVELOPER: Reid Worldwide Corporation BUILDERS: Fekete Homes, Rococo Homes LOCATION: backing onto Lois Hole Provincial Park at Big Lake

8 TUSCANY HILLS & UPPER TUSCANY

4

97 St.

170 St.

184 St.

7 MORNINGSIDE

162 A ve.

153 Ave.

12

il Tra ert Alb St.

Anthony Henday Dr.

9

113A St.

137 Ave.

5 11

7

rT ra il

1 10 2

127 St.

sie

139 St.

es

6

167 Ave.

135 St.

M

Groat Rd.

k

171 Ave.

142 St.

ar

An th on yH en da yD r.

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

Hwy 44

To St. Albert

3

M

DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Pacesetter Homes, Coventry Homes, Reid Built Homes, Landmark Homes, Tristate Signature Homes LOCATION: 167 Avenue & 127th Street

195 Ave. 176 Ave.

northwest

6 NEWCASTLE 8

4 VILLAGE AT GRIESBACH

DEVELOPER: Canada Lands BUILDERS: Homes by AVI, Dream Homes by Krisner, Coventry Homes, Landmark Legacy Homes, Greenboro Homes, Pacesetter Homes, Abbey Lane Homes, Christenson Developments LOCATION: 137 Avenue North On 97 Street West on Griesbach Road

5 TRUMPETER BY BIG LAKE

DEVELOPER: United Communities BUILDERS: Estate Homes- Fekete Homes, Montorio Homes Classic Homes- Homes by Avi, Sabal Homes, Montorio Homes, Sterling Homes Duplex- Homes by Avi LOCATION: North on Anthony Henday Drive, West at 137th Ave. and 199 St.

DEVELOPER: MLC Group BUILDERS: Bedrock Homes, Landmark Communities, Landmark Homes, Landmark Legacy LOCATION: South of 167th Avenue & East of 139 Street

10 LEGACY POINTE

DEVELOPER: Concept Realty BUILDERS: Concept Homes Master Builder LOCATION: 18230 - 104A Ave.t

11 STARLING AT BIG LAKE

DEVELOPER: Rohit Land Development BUILDERS: Celebration Homes, C2 Homes, Green Living Homes, Rohit Communities, Cameron Homes, Art Custom Homes, Gill Built Homes LOCATION: North on Anthony Henday Drive, take Ray Gibbons Drive, left on 137 Ave

12 HUDSON PARK

DEVELOPER: Beaverbrook Developments BUILDERS: Dolce Vita Homes, Cameron Homes LOCATION: Just off 137 Ave & 141 St.

27

Would you like to be my neighbour? It’s not a saying we hear often with the hustle and bustle of our busy lives.

Having a neighbourly chat is just not as common in city life. Some neighbourhoods, however, are still capturing that quaint charm that we all secretly crave in the community that we all home. Starling at Big Lake is where residents can find this type of community.

28

In Starling at Big Lake, residents work together to create a welcoming feel to their neighbourhood with stunning landscaping efforts. They get in the spirit of the holiday season by decorating their homes with festive décor that illuminates the streets. They pay a visit to their neighbour for a friendly coffee or to share a cup of sugar. Simply, being a resident of Starling means being a part of an extended family. “We have moved to the neighbourhood of Starling at Big Lake for its connections,” says Starling resident Mark Karstad, “We feel like we are connected to nature with lakes and paths and the Lois Hole Provincial Park right across the street. We love the connection to Edmonton and St. Albert, both literally minutes away.

And we look forward to making lasting connections with our neighbours!”

Located on the corner of 137 Avenue and Ray Gibbon Drive, near Lois Hole Provincial Park, Starling at Big Lake is a community that was developed to inspire “city life with a country feel.” A Rohit Land Development community, Starling was master-planned with the environment in mind. With low impact initiatives, the community was carefully developed to preserve nature by including natural wetlands, bioswales, LED streetlights, and nearly 2km of nature walking trails for its residents.

In fact, every home is located no more than 200 metres from green space. The motivation not only comes from a desire to attract buyers who appreciate nature, but a desire to keep migrating birds coming back. The Big Lake Area, of which Starling belongs, is unique in that it is home to more than 220 species of birds; one of the reasons Starling has adopted its name!

The community offers a variety of home styles for every type of buyer looking to build their nest at Starling at Big Lake. Eight premier builders have developed a variety of floor plans and styles for their homes, each with a unique aspect that provides a new owner with a sense of pride.

In fact, as the west side of the neighbourhood is in its infancy stages of development, Rohit Land Development proudly introduces Averton Homes, who will be joining the builder group and bringing a new townhouse product to the development. “Averton has established itself as a builder of innovative homes in superior locations with incredible amenities. We are thrilled to be showcasing a limited collection of exciting townhouses in Starling.

FLY OVER TO STARLING TO VISIT US TODAY! Duplexes starting in the $350,000’s, Single Family Homes starting in the $430,000’s Featuring homes from Art Custom Homes, Averton Homes, Cameron Homes, Celebration Homes, C2 Homes, Gill Built Homes, Greenliving Homes & Rohit Communities StarlingAtBigLake.com

The abundant natural amenities located throughout Starling mesh perfectly with our design philosophy as each home interior and exterior will take advantage of the landscape, the expansive views and the easy access to nature,” says Paul Lanni, President of Averton Homes.

Starling will also showcase another townhouse product by Rohit Communities, projected for late 2015. Another new addition in 2015 will be the availability of several larger walkout ravine backing lots, which will border walking trails in a secluded and quiet area of the development.

While tucked away in its serene environment, Starling is close to several amenities that suit every lifestyle. Inside the community Starling offers a playground for the children and a lookout point overlooking the natural ponds from the newly finished Gazebo. Coming in 2015, along the natural pond, will be a teaching dock for kids to learn and play, while still close to home. For other necessities Starling is only minutes away from St. Albert, and is within close proximity to Anthony Henday Drive allowing for quick access around the City of Edmonton.

As winter pays us another visit, and the days become shorter, Rohit Land Development invites you to visit our eight stunning showhomes, take a hike around the picturesque development, and try to “catch the late show” of stars in the sky. It just might be the place you meet your next neighbour!

29

ROCK GARDENS, CUSTOM EDGING AND WROUGHT IRON FENCING

RETAINING WALLS, STONE PATIO AND STAIRS. CUSTOM WOOD FENCING

RESIDENTIAL & COMMERCIAL LANDSCAPE CONSTRUCTION FENCE & DECK CONSTRUCTION COMMERCIAL SNOW REMOVAL SOD, TREES, BUSHES, WATER FEATURES AND CUSTOM DESIGNED PATIOS

ARTIFICIAL TURF. PUTTING GREENS, DECKS , FLOWER BEDS

CUSTOM DESIGNED DRIVEWAYS AND EDGING

SLATE WALKWAYS AND PATIOS

CUSTOM WATER FALLS, WATER FEATURES, PONDS

SHANE’S LANDSCAPING & CONTRACTING LTD. PROVIDING LANDSCAPING & COMMERCIAL SNOW REMOVAL TO EDMONTON & SURROUNDING AREA.

Shane’s Landscaping & Contracting ltd. specializes in residential and estate landscape construction. From pilings to patios, driveways, retaining walls, lighting, walkways, fences, water features, garden beds, boulders, barbeques, fire pits and the new synthetics grasses. Our team of friendly knowledgeable and hardworking staff can make your landscaping dream a reality.

780.983.8233 - www.shaneslandscaping.com 30 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

n

NORTHWEST

Welcome to

97 St. & 176 Ave. DON’T MISS YOUR CHANCE, ONLY 2 LAKE LOTS REMAINING

Welcome home to Castlebrook, a family friendly, beautifully landscaped neighbourhood conveniently located in northwest Edmonton. Castlebrook is an architecturally controlled neighbourhood which protects the value of your investment. Choose from a variety of lots, including one walkout backing onto the lake.

780.413.7150 www.canterradevelopments.com

LOTS AVAILABLE TO THE PUBLIC

31

//FUNDAMENTALLY SPEAKING

Interest rate hike unlikely in 2015: BMO » 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@wall2wallmedia.com

or follow him on Twitter at Twitter.com/WayneKarl

Relax, Canada, not only is the real estate market not going to experience a U.S.-style crash, as some pundits continue to predict, but there’s isn’t even going to be any significant interest rate hike in 2015.

This, according to Douglas Porter, chief economist of BMO Financial Group. He suggests the Bank of Canada may, at best, raise its influential overnight target rate by a quarter-point. BoC has held the rate at one per cent for four years.

BMO itself, in its Home Buying Report released in late October, inadvertently stoked the flames of concern. The report indicates the majority of Canadians currently in the market for a home would be forced to change their buying plans in the event of a two percentage point rise in interest rates. Th irty per cent would be forced to reduce their price range and settle for a less expensive home, while another 13 per cent would be priced out of the market.

And this, at a time when prices in the three hottest cities – Calgary, Toronto and Vancouver – are rising faster than family income, further straining affordability.

A two-point interest rate hike is highly unlikely, however.

“The chances of a two percentage point rise in rates in any year these days is remote, and I would peg it as extremely unlikely in 2015,” Porter told New Home Guide. “We do believe that at long last rates will begin to creep higher next year, but we are only looking for quarter-point hike by the Bank of Canada.”

32 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

Continued rapid price gains in Calgary, Toronto and Vancouver will increase those cities’ vulnerability to a shock – whether economic, interest rate or otherwise, BMO says in the report.

Porter suggests there may be some price cooling in these markets next year, particularly in Calgary and other cities with ties to the oil and gas industry, since oil prices have fallen notably in recent months.

“We would also look for somewhat slower price gains in Toronto and Vancouver, but both of those markets have proven to be amazingly resilient – largely thanks to relentless population inflows to both,” Porter says. “I’m not sure that any other large city could step into the void at the top, and we expect a notably milder national price increase next year.”

But if Canadian real estate has demonstrated anything lately, it is its ability to surprise.

“The dominant story in recent years has been the consistent surprises to the high side by the Canadian housing market.”

NORTHWEST

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 33

2015

TRENDS FOR

HERE’S MY FAVORITE COLOUR TRENDS FOR 2015.

60S Colours on the runways are showing shades of olive and coral-orange.

BOLD MIX Mix your colours – don’t be shy, experiment. Here, I've found the perfect pillow in linen to add that touch of pretty green, pulls the gray, coral, green all together.

OLIVE GREEN Turn to olive if don’t like gray or brown as your neutral.

WARM TONES Warmer, muddy colors come back into vogue. Check out this rust wall another design trend for 2015 bold statement walls using faux paint, or wall murals.

34 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

1. Edmonton South

We made a gourmet kitchen...

You made a huge mess!

Allard 780.909.9141 Townhomes Single Family Homes

showhomes EDMONTON & AREA

Callaghan Landing

i

M

ST. ALBERT

Ra y

lbe rt il Tra

Yellowhead Trail Groat Road

Terw ille ga rD riv e

N

111 Street

2 1

6. Sherwood Park

7. Fort Saskatchewan

780.952.1572 Duplexes Single Family Homes

780.995.6054 Duplexes

Aspen Trails

780.668.2820 Duplexes Single Family Homes

RohitCommunities.com

Sienna

Highway 21

Cloverbar Road

17 Street

Calgary Trail

For a full list of locations and home styles visit RohitCommunities.com

Cy Becker

23 Ave

Ellerslie Road

780.938.5478 Duplexes Single Family Homes

780.914.1565 Townhome Condominiums

Whitemud Drive Gateway Blvd

e ay Driv y Hend A n thon

6

50 Street

75 Street

Whitemud Drive

Starling at Big Lake

Casselman Landing

Wye Road

3

4. Edmonton North West

5. Edmonton North

Baseline Road

Whyte Ave Whitemud Drive

780.906.9808 Duplexes Single Family Homes

At Rohit Communities, we know your home is with you through memories, milestones, laughter and love.

From the first place to call your own, to the home in which you celebrate your golden years, our homes are the backdrop for your best moments. We built a house, you make it Forever Home.

EDMONTON Highway 14

Anthony Henday Drive

780.990.9588 Townhomes & Duplexes Single Family Homes

Edgemont

FORT SASKATCHEWAN

5

Yellowhead Trail

Glenridding Heights

3. Edmonton West

e Av

Range Rd 230

.A

4

2. Edmonton Windermere

153 Ave

66 Street

St

137 Street

7

rive

127 Street

780.862.1060 Bungalow Community

An G Drive bon ib

Callaghan North

yD da en yH on th

n an

99

ive Dr

92 Street

780.862.1060 Townhome Condominiums

ng

just released!

SINGLE FAMILY HOMES IN CY BECKER

now selling!

TWO STOREY DUPLEXES IN FORT SASKATCHEWAN

new!

SINGLE FAMILY HOMES IN EDGEMONT

First 4 sales receive a $5,000 in free upgrades! *Conditions apply. Ask the sales person for more details.

Starting from the $370,000's

Starting from the $310,000's

Starting from the $370,000's

All homes include double rear parking pad, laminate, tile, granite countertops on the main, 6 appliances and many upgraded options available.

Only 10 minutes from Edmonton and Sherwood Park, duplexes in Sienna feature open concept floor plans, granite on the main floor, laminate, tile, rear deck, landscaping and more!

All homes include a front attached garage, laminate and tile flooring, granite countertops on the main, 6 appliances, full landscaping, and more!

Duplexes also available from the $350,000's!

Visit the showhome at 3710 167A Ave NW Call Stephanie at 780.668.2820 for more information

Duplexes also available from the $340,000's!

Visit the Showhome at 50 Sierra Wynd, Fort Saskatchewan Call Chris at 780.995.6054 for more information

Visit the showhome at 20204 42 Ave Call Kim at 780.906.9808 for more information *prices as of November 12, 2014, subject to change

BLUE From high gloss sheen to classic greek, deep rich blues paired with white, this classic is turning heads.

NEUTRAL GRAY Yes, gray is still hot... Combine soft gray walls with pops of colour, or layering tone on tone.

Like this gorgeous hallway with cobalt grey-blue doors in high gloss, paired with stunning gold pendants!

RENAISSANCE-INSPIRED Combinations of greens, plums, cerulean blue, beiges and whites.

Rich, luxurious, opulent.

DYNAMIC PARINGS Who says you have to make a statement with colour, this tone on tone kitchen is dynamic in its choice of texture, proportion and scale in the items chosen for maximum impact in a neutral palette.

va ch

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 35

LOOKING FOR A NEW HOME?

It’s only a tap away.

Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

Start searching now!

DOWNLOAD THE APP 36

GET STARTED NOW AT

NewHomeAndCondoGuide.ca

NORTHWEST

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 37

//INDUSTRY UPDATES – CHBA - ALBERTA

EDMONTON MARKET

strong, steady » 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.

Strong and steady – that’s Edmonton’s housing market.

Construction of new homes reflects these trends as we near the end of 2014.

Work started on another 739 single-family homes in the region last month and almost 5,700 houses in total so far this year. The forecast for 2014 is 6,400 – or a seven per cent rise from last year.

That’s strong growth.

Over the last five years, the demand has ranged from roughly 5,000 to 6,000 new houses each year. That’s the kind of trend the Canada Mortgage and Housing Corp. sees continuing. A recent forecast by the nation’s housing agency predicts there will be 6,600 houses built in 2015 and 6,300 in 2016.

That’s steady, especially when compared to the overheated Edmonton economy last decade. Demand spiked to 9,000 houses in 2006 and then nose-dived to below the 3,000-mark just two years later in 2008.

Homebuyers also benefit from a strong and steady market.

Steep price increases usually follow skyrocketing demand for homes.

Sudden plunges in construction can leave buyers with a limited range of purchase options. Builders also face challenges rapidly ramping up or down to respond to quick shifts in the market.

Today’s more stable market shows prices are rising but not at an unsustainable pace. The stats for new homes show the average price has

38 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

climbed 5.4 per cent over the last year to about $550,000. The same level of price increases is occurring in the resale market.

Of course, every property owner is also a potential landlord, so the strong economy that is powering home price increases is also felt by renters.

Edmonton vacancy rates are expected to remain under two per cent through 2016. That will drive rent increases steadily higher. That trend is much appreciated by landlords but is a further burden on the people who have to cough up a rent cheque 12 times a year.

All of Edmonton’s real estate trends are driven by the flood of newcomers in recent years.

Just within Edmonton’s city limits, new neighbourhoods gained an eye-popping 113,000 people in the last decade.

These same areas are attracting by far the most buyers – more than four out of five of all new homes built in 2013.

Plenty of new homes are also popping up outside the capital city’s borders; almost three out of 10 new homes built in the metro area in 2013 were in surrounding communities.

Despite the strong growth in the community, Edmonton remains one of the most affordable major Canadian cities to own a home. When compared to income, a home in Edmonton eats up less of the owner’s budget than in Calgary, Vancouver, Toronto, Montreal or Ottawa.

That’s because salaries in Edmonton – like many other things here – have seen strong and steady wage increases.

In the old story about the race between the tortoise and the hare, it was the slow and steady approach that led to victory.

Here in Edmonton, we’re updating the old adage to combine the quick feet of the hare with the consistent effort of the tortoise to produce a new winning combination – strong and steady wins the race.

The Canadian Home Builders’ Association – Alberta represents new home builders, renovators, developers, trade and supply companies, and professional services. Check the CHBA Edmonton Region website for local builders.

NORTHWEST

Santa Claus is coming to Hudson Park!

Saturday, December 6 from 12-4pm Avoid the mall and visit Santa in our showhome!

or Treats f ole the wh d more n a y l i fam s! suprise

nR dso Hu

nd Rd. 142 Ave.

Visit homesinhudson.ca for more details

127 St.

142 Ave. 140 St.

140 St and 142 Ave

la er mb Cu

d.

otos Free ph ta and n a S h t wi es activiti kids! for the

137 Ave.

39

8

6 5

1 7 10 Genesis Drive

stony plain

AREA INFO

9

3

2

Genesis Lake Blvd.

1 THE BRICKYARD AT OLD TOWN

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.

40

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

west

9 HAMPTON POINTE

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

12 13 14

10 GRANVILLE

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.

35 Ave. 1

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: Birkholz Homes, Celebration Homes, Habitat Studio, Vicky’s Homes, Heredity Homes, Areo Homes, Blackstone Homes, Sunrise Homes, Open to the public.

LOCATION: Take Anthony Henday turn on Cameron Heights Dr.

. on Dr er s m ht Ca eig H

5 HAMPTON TERRACE

DEVELOPER: Qualico Communities BUILDERS: Rohit Communities, Sterling Homes LOCATION: Lessard Road & 199 Street

6 EDGEMONT

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

7 COPPERWOOD

DEVELOPER: The Grange South West Property Corporation BUILDERS: Open LOCATION: Hemingway Rd. & 199 Street (between 45 Ave. & 62 Ave.)

8 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.

11 SECORD

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

12 HENLEY HEIGHTS

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

13 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

14 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

41

WEST

Just Released Stage 8 & 10A Lots Now Available!

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 $180’s), a duplex (starting in the $340’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

n Rd .

CASH & CARS LOTTERY HOME & ESTATE SHOWHOMES

STAFFORD GREENS

62

Av

e.

Nw

Anthony Henday Dr.

SINGLE FAMILY SHOWHOMES

DUPLEX SHOWHOMES

199 St. Nw

Winterburn Rd. (215 St. Nw)

Edmonton Marriott At River Cree Resort

Only a handful of single family 3A and 3B homes remain.

Some homes available for immediate occupancy.

2B and 2C duplex lots, some with walkouts, are selling fast (no condo fees).

Stafford Greens steel and concrete condos now preselling off 62nd Avenue.

Come Home to Granville!

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

WWW.MYG R ANVI LLE.COM 42

PROUDLY PRESENTED BY ALLDRITT LAND CORPORATION LP

WEST

West Edmonton’s Premier Estate Home Community Features Include:

Whitemud Dr. Gua

rdia

COSTCO

62

Av

e.

Choose From One of Our 5 Award Winning Custom Builders:

Anthony Henday Dr.

n Rd .

ESTATES SHOWHOMES Ginsberg Crescent

199 St. Nw

Winterburn Rd. (215 St. Nw)

• Triple car garages • Walkouts onto a pond or tree stand • Great views, amenities, playgrounds, walking trails, and connectivity • Outstanding architectural and landscaping features • Well located in the West with quick and easy access to anywhere • A broad range of services, grocery stores, shopping, professional services and restaurants are already in the area with many more opening in the next year

Nw

2014 Awards of

EXCELLENCE in HOUSING

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

43

//IN THE NEWS

EDMONTON THE TOP CITY IN ALBERTA

for real estate investment » by WAYNE KARL

Calgary may be Canada’s “hottest” housing market, but Edmonton beats even its neighbor to the south when it comes to real estate investment.

This, according to the latest provincial ranking from the Real Estate Investment Network (REIN), one of Canada’s leading real estate research and education organizations for investors and homeowners.

The group recently developed a new ranking system – REIN Score – that rates real estate investment markets across Canada in a way that allows investors to compare markets across provinces and across the country.

The REIN Score measures each city or town on five different categories for a total of 50 points including: Economic Risk (possible 12 points); Yield Growth Potential (possible 12 points); Investors’ Insights (possible 10 points), Political Climate (possible eight points) and Accessibility (possible eight points).

“We wanted a more concise and detailed report that reflected the depth of our research,” says Melanie Reuter, director of research. “We realized that not all investors are alike and that everyone has differences in their risk threshold. Some want quick, high yields and are willing to take a chance to get a more dramatic return, while other investors are happy with slow and steady appreciation and decent cash flow. There are different measures of success and the new ranking acknowledges that.”

“The two most important criteria are the economic risk with a big focus on existing and future jobs and job growth, and the growth potential of yield,” says Reuter. “Will the going-rent rates mean your cash flow is good in relation to the house prices, and is there potential for more and larger growth as the local economy improves?

“It is also important to take into consideration the political climate of a community and whether it has a solid growth plan, cash flow squashing taxes, and whether it has restrictive rental policies. If you can raise rents to match demand or your property taxes are expensive compared to other communities, your current and existing cash flow is compromised.”

The report also takes into consideration the immediate and long-term impacts of Canada’s demographic changes. Will communities continue to attract the two largest cohorts: an aging population and a very different Generation Y?

44 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

So, how did Edmonton rank number one over Calgary, considered by many sources as the hottest real estate market in Canada?

“Edmonton edged out Calgary only because the properties are not as expensive,” Reuter told New Home Guide. “Although rents aren’t as high, there is often better ROI. The two do battle back and forth, for sure. It is often easier for investors to get into the Edmonton market, as the down payment requirement is less.”

As for property types that would make for wise investment choices, Reuter cites multi-family. “(It’s) definitely an excellent asset, but they are very difficult to find.”

How Edmonton scored

Economic risk: 11/12 Yield growth potential: 10/12 Local politics conducive to business: 7/8 Access to transportation: 8/8 Investors’ Insights: 9/10 Total: 45/50

How Calgary scored

Economic risk: 11/12 Yield growth potential: 10/12 Local politics conducive to business: 6/8 Access to transportation: 8/8 Investors’ Insights: 9/10 Total: 44/50

WEST

45

//IN THE NEWS

Canada’s hottest real estate markets?

TWO OF THEM ARE IN ALBERTA Canada’s strong housing performance has been well documented – and the envy of many countries. But would you be able to guess the hottest real estate markets in the country?

You might be surprised to learn that two of them are right here in Alberta.

According to the latest House Price Survey from Royal LePage, Canada’s hottest real estate market is not Toronto or Vancouver, as some might expect. It’s Calgary, with Edmonton not far behind.

Nationally, the average price of a home in Canada rose between 4.4 per cent and 6.1 per cent year-overyear in the third quarter of 2014.

During this period, the average price of a standard two-storey home rose 5.5 per cent to $441,714, while detached bungalows increased 6.1 per cent to $405,101. Condominiums on average showed slightly lower year-over-year gains, posting a 4.4 per cent increase to $257,377.

“In the seven years since the Canadian housing market began its recovery from the worldwide recession, home price growth has been robust, often greater than the long-term average of approximately five per cent,” says Phil Soper, president and chief executive of Royal LePage.

“We are now experiencing a natural slowing in the rate of year-over-year price appreciation, with real estate markets moderating in most parts of the country, a transition to what our agents refer to as a ‘Goldilocks market,’ one that is neither too hot, nor too cold.

To be clear, we expect home prices to continue to grow in the months ahead, but at a slower rate than we have seen in recent years.”

46 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

SUMMARIES OF SELECT CANADIAN REAL ESTATE MARKETS: Calgary: The housing market continues to be among the strongest in the country.

Demand was strong across all housing types. The average price for standard condominiums surged 11.8 per cent year-over-year to $294,156, and detached bungalows increased 10.8 per cent to $515,844. Standard two-storey home prices were consistent with this trend, increasing 9.2 per cent to $499,811.

Edmonton: Also saw strong price appreciation across all housing types. Detached bungalow prices showed the strongest gain, increasing 6.0 per cent year-over-year to $357,240. Standard two-storey home prices rose 5.3 per cent to $379,463, while standard condominiums climbed a healthy 5.8 per cent to $232,340.

Toronto: Low levels of inventory combined with an unseasonably active August market contributed to significant price increases across all major housing types.

Standard condominium prices saw the greatest increase, rising 8.0 per cent yearover-year to $383,039. Detached bungalows rose 7.2 per cent to $618,088, while prices for standard two-storey homes increased 7.6 per cent to $733,317.

Vancouver: Price increases remained strong in the third quarter. Detached bungalows saw the largest increase, climbing 6.1 per cent to $1.13 million. Standard two-storey homes also experienced strong growth, rising 5.6 per cent to $1.22 million. Standard condominium prices cooled slightly by 0.2 per cent to $502,869.

Ottawa: The slower winter and spring seasons left the market with a surplus of inventory in the third quarter, holding prices relatively flat in the region. Detached bungalow and standard two-storey home prices each increased by 1.2 per cent year-over-year, to $403,091 and $406,264, respectively. Standard condominium prices declined slightly, dropping 0.3 per cent to $258,132.

Montreal: The average price of detached bungalows increased 2.6 per cent year-over-year to $296,857. In the same quarter, standard two-storey homes and condominiums remained relatively flat, rising 0.2 per cent to $403,714 and 0.5 per cent to $241,000, respectively.

WEST

SPRUCE GROVE

DESIGNED WITH A FAMILY IN MIND PRACTICAL DESIGNS FOR THE EVERYDAY

SHOW HOME LOCATIONS Harvest Ridge – Single Family 174 Harvest Ridge Dr., Spruce Grove 780-733-7922 Harvest Ridge – Rear Parking Lane 11 Hewitt Circle, Spruce Grove 780-733-7923 West Haven Park – Rear Parking Lane 105 Kirpatrick Bend – Leduc 780-732-1310 West Haven Park – Single Family 103 Kirpatrick Crescent – Leduc 780-732-1312

48 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

Vita at Crystallina Nera – Rear Parking Lane 7715-181 Ave. (2 showhomes) 780-733-7920 Vita at Crystallina Nera – Single Family Two Showhomes 7665 and 7667 181 Avenue 780-733-7924 Showhome Hours: Mon-Thur 3-8pm, Weekends & Holidays: 12-5pm Office: 780.489.3028 sales@homexx.ca

Supported by

Edmonton Region

HOMEXX.CA

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

12 PRESCOTT

DEVELOPER: Beaverbrook Developments 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

49

SPRUCE GROVE Proudly building beautiful homes on estate lots in “The Estates of Jesperdale and Stoneshire” in Spruce Grove.

• All lots 38’ - 42’ pocket (Triple garage lots) • Pie shaped lots, backing trees and cul de sac locations • Custom build or choose one of our plans ranging from 1950 sq.ft to 3000 sq.ft for 2 storeys or bungalow plans from 1550 sq.ft to 1900 sq.ft

Show home located at 1 Aspenglen Cove in Spruce Grove Open Monday thru Thursday 3-8 pm and Saturday/Sunday 12-5 pm Darcee Halter 780-953-7978 darcee@innovahomes.ca

www.innovahomes.ca

74_Built Green_20/9

50 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

DEVELOPER: Delcon Creekwood BUILDERS: Alldritt Homes, Artisan Homes, Marcson Homes, Bedrock Homes, Homes

by Avi, Kimberley Homes, ReidBuilt Homes, Connect Homes, Thomsen Built LOCATION: South of Ellerslie Road & West of 141 Street

9 WINDERMERE SOUTH

DEVELOPER: Windermere Lands Ltd. BUILDERS: Dolce Vita Homes, Bedrock Homes, Marcson 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.

12

1 AMBLESIDE IN WINDERMERE

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

DEVELOPER: Qualico Communities BUILDERS: Coventry Homes, MacLachlan & Mitchell Homes, Pacesetter Homes, Sterling Homes, Rohit Communities, Marcson Homes, Augusta Homes 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, Rohit Communities. Duplex Homes (front attached Garages) - Parkwood Homes, Landmark Legacy. Duplex Homes (rear attached garages) - Homes by Avi, Rohit Communities.

LOCATION: 156 Street & Ellerslie Road

4 UPPER WINDERMERE

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

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)

6 WINDERMERE RIDGE

DEVELOPER: Beaverbrook Developments.

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

7 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 T:6.75” 141 street

11 ONE AT WINDERMERE

southwest

8 CREEKWOOD CHAPPELLE

DEVELOPER: Beaverbrook Developments 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 AMBELSIDE SOUTH

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

T:1.5”

AN ACTIVE STARTS OUTDOORS ChappelleGardens.com 51

LIVE IN AMBLESIDE

52 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

ADVERTORIAL

Ambleside touted as

Top 10

*

Neighbourhood But don’t take our word for it.

Take Craig’s. Or Ivy’s.

One will tell you of the sweet pleasure of having a handful of golfing choices minutes away from your front door. The other will share the excitement of a “super-ginormous” park visited daily by a growing base of fans, young and old.

“Dad and me walk to the park every day,” boasts local tike, Ivy. “He loves the slide.”

A short drive away, (yes, pun intended) you’ll find three golf courses and one of the city’s best and biggest rec centres. Even closer, the Anthony Henday, which can quickly connect you to virtually any of the city’s major hotspots whether you’re a family man or just starting out. Closer still, Currents of Windermere featuring enough amenities to make any outing worth your while including the city’s only licensed movie theatre. Best of all, “Everything’s just a hop, skip and a jump away” as Ambleside has been boasting since breaking ground in 2007.

“There are literally 10 things I can do right now within five minutes of my home,” tells Melissa, Amblesider since 2009. “From biking and golfing, to going for coffee or out to dinner and a movie, to libraries, to dog parks to swimming to hockey to shopping to… pretty much anything you can think of.”

“It’s not just your home,” she continues. “It’s your home-base for every aspect of your life. We feel really lucky to live in Ambleside. It seems like everyone we talk to wants to live here!” *Part of the 10 Best Neighbourhoods in Edmonton survey conducted by Banister Research and Consulting Inc., August 2013. Windermere and its communities, including Ambleside made the list. We’re hoping for the same in 2014.

Learn more about the real stories of life in Ambleside at AmblesideWindermere.ca NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 53

Accents + Good Cents Visit Creekwood’s new showhomes today and see how our designers have achieved big design results with small price tags!

www.LifeinCreekwood.com Visit the new Thomsen Built, Connect Homes, and ReidBuilt showhomes in Creekwood and be inspired!

Make big impressions in your space with DIY projects and limited budgets with great tips from our design team.

Plus, enter our Facebook contest! Submit your own design tips to the Creekwood Facebook page to enter for a chance to win a $250 gift card to Southgate Centre!

Enter before December 31, 2014. One entry per person.

Creekwood DIY design and tips provided by Wicket Blue Interiors.

Photo: ReidBuilt Homes

A SW community south of Ellerslie Rd. at 141 St. 54 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

quiet | calm | convenient

SOUTHWEST

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

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

GlenriddingHeights.com

//TOP HOMEBUYING TIPS

HOW TO REDUCE YOUR

energy consumption and heating costs With cold weather approaching, Canadian homeowners will soon be looking for ways to reduce home energy consumption and heating costs.

With memories of last winter – one of the harshest in recent history – still fresh, many Canadians are taking a more proactive approach to prevent the condensation, drafts and cold floors that are dead giveaways you’re paying too much to heat your home.

And yes, these warning signs surface even in new homes.

“An under-performing building envelope is the main reason why the average Canadian spends unnecessary money on heating costs,” says Jay Nordenstrom, executive director of NAIMA Canada, an association of insulation manufacturers.

“A robust building envelope means homeowners decrease their energy needs. This lowers monthly heating bills, along with the associated greenhouse gas emissions, and enhances comfort during catastrophic winter weather.”

Just what is a “building envelope”? It’s a term to describe the building components that separate the indoors from the outdoors. A home with a modern building envelope – well insulated, properly sealed and well ventilated – can provide shelter during the most brutal weather conditions. It also provides insurance in the event your furnace is disabled by a power outage.

Renovating a home is another opportunity to improve the building envelope.

Paying a premium for a house with increased wall and attic insulation, for example, can provide month-overmonth payback by lowering energy consumption and heating costs. These savings vary, however, and are determined by the R-value of your home’s insulation. Higher R-values mean greater insulating power.

New homes offer the best opportunity to ensure a highperformance building envelope, and NAIMA suggests home builders not trade off improvements to the building envelope in favour of mechanical systems.

Renovating a home is another opportunity to improve the building envelope. The most beneficial upgrades include installing appropriate amounts of insulation and weather sealing where drafts and air leakages are occurring, NAIMA says. Many of these can be done as do-it-yourself projects.

Across Canada, grants and rebates are available from the federal and provincial governments and local utilities, especially for energysaving renovations.

More information on such programs and tips on how to insulate your home is available at naimacanada.ca

56 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

SOUTHWEST

L IFE 3 PARKS

ON THE

R IVER

8.3

ACRE

13.6

3 PONDS

ACRE

8.5

KMS

LANDSCAPED TRAILS

WINDERMERE GOLF CLUB

M ASTER-P LANNED TRAILS ARE P ART OF THE NEIGHBOURHOOD At Keswick, you’ll love your neighbourhood the North Saskatchewan River, golf courses, and lush ravines.

Keswick takes its cues from England’s Lake District.

Meander through timeless architecture, wetlands, and parks.

Life on the river starts here.

8 S HOWHOMES N OW O PEN !

BEAUTIFUL by Nature

www.keswick-edmonton.com 57

Suzy always wanted to be a homemaker

Get the hands-on training you need to get into the trades.

Our industry-recognized programs are delivered in a supportive learning environment so that you can start to build your future now.

Visit us at

womenbuildingfutures.com

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

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

• Use available transit alternatives.

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

• Donate reusable clothing and linens to charity.

Most pick-up regularly in your area.

• Become environmentally active in your community.

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

Recycle girl(19/9)-ja/ah

58 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

SOUTHWEST

It’s in your nature to love the little things.

Village Setting, City Living It’s what you’ve been waiting for: Urban Edmonton combined with nature’s simple pleasures. Nestle into this 45-acre boutique community, an envelope of land tucked next to an environmental reserve. Your modern ranch or alpine-inspired home will blend right in.

Now this is the simple life you’ve craved.

NOW PRE-SELLING Townhomes

Duplex

Single Family

Pacesetter Homes

Landmark Communities Lincolnberg Master Builder

Averton Homes Marcson Homes Parkwood Master Builder

www.graydon-hill.com 59

SOUTHWEST

60 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

COMMUNITY PROFILE//

Glenridding

Scottish for location, location, location!

I

f you’re looking for a community in the heart of Edmonton’s newest action – Windermere – where shopping and restaurants meet recreational amenities and unmatched access to the entire city, then Glenridding is the place for you. Located south of Ellerslie Road and west of Rabbit Hill Road (156th Street) United Communities’ growing development is one of Edmonton’s most highly sought-after family-oriented communities.

‘There’s no better location, whether you’re a young family or downsizing,” says United’s Marketing Manager, Donna Bygrave. “[Glenridding] is right next door to the Currents at Windermere, where you can buy anything and everything you need – shopping, recreation and restaurants.”

Everything includes The Currents shopping complex, with banks, a movie theatre, grocery stores, cafes (yes, including a Tim Hortons), a Walmart and Canadian Tire. There are a number of schools and golf courses around, including Jagare Ridge right across the street. And the new Terwillegar Community Rec Centre on 23rd Avenue is just down the road.

“We also have prime time bus service in the community,” explains Bygrave, meaning commuters have easy commutes to and from the community.

Not that you’d want to leave. When the community is completed, it will include two storm ponds, an urban village park, lots of walkways that connect the whole community and a significant number of greenspaces, making it a perfect place to walk, wind down and relax with your family.

The community is adorned with stunning entry walls at Glenridding gate with traffic circle to slow down traffic, and there’s a unique obelisk installed at NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 61

//COMMUNITY PROFILE

When the community is completed it will include two storm ponds, an urban village park, lots of walkways that connect the community and a significant number of greenspaces, making it a perfect place to walk, wind down and relax with your family.

62 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

the entry to the storm pond, visible from the community’s entrance, to add some eye-candy to the community.

Along with the eye-candy are homes fit for most budgets and needs. There are a number of single-family, frontattached homes, single-family rear-laned homes, duplexes (both front-attached and rear-laned) and townhomes. And thanks to the duplexes and homes with rear lanes, there will be what Bygrave calls, “some extraordinary streetscapes.” Of course, once you consider the architecture in the community – Arts & Crafts, Craftsman, Prairie and Tudor styles – that goes without saying.

Many of the city’s top home builders are involved in the project – now selling in Stage 10. Glenridding’s single-family, front-attached homes are being built by Pacesetter, Home by Avi, Landmark Homes and Parkwood Homes. The singlefamily rear-laned homes feature Pacesetter and Landmark

Legacy. For the rear-laned duplexes and townhomes, look for Homes by Avi. Duplexes with front-attached garages are being built by Landmark. Home prices start in the high $300,000s for townhomes and duplexes and reach upwards of the mid $500,000 for single-family homes.

The community features eight awardwinning showhomes, and showcase the community’s gamut of home options to fit all needs and budgets. Bygrave: “We’ve just finished servicing new lots in the area.

We’re really excited to have new lots,” because of high demand.

“Buyers run across a wide range of demographics, from young couples buying their first homes to young families looking to move up. Empty nesters are also keen on this community, not only for the home types, but also to Glenridding’s easy-to-access amenities,” says Bygrave.

Bygrave adds that location makes Glenridding second-to-none. “We love the location of community, and are very excited to see it come into fruition over the last few years.”

For more information about Glenridding and the community’s home builders, visit glenridding.ca NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 63

//TOP HOMEBUYING TIPS

Three good reasons to think resale WHEN YOU BUY A NEW HOME

Buying a brand new home has obvious advantages – you choose the lot location, elevation, floorplan and, of course, the interior finishings.

Anything you want to make your new home, well… yours. Resale potential and what features might appeal to future buyers of your home are likely not top of mind.

But, builders and realtors alike say you should think about resale when you select the inclusions, design elements and decor basics of your new home. It may be your brand new home now, but one day you may choose to sell – and that’s when your personal tastes could affect the resale value of your home.

Consider these insights from the recent Canadian Home Critics Survey from realty firm Century 21: DECOR

In Quebec, for example, 20 per cent of homebuyers (the highest in Canada) dislike decor full of the owners’ personal 64 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

touches. Buyers in Ontario rank dated flooring as one of their top decor turn-offs. In Alberta, 28 per cent (the highest in the country) say updated finishings – such as counters, flooring and mouldings – are added features that would persuade them to buy.

ENERGY EFFICIENCY

Canadians overwhelmingly would select a home due to energy efficiency upgrades (41 per cent) over updated finishings such as granite counters or hardwood floors (22 per cent). In Atlantic Canada, 59 per cent rated energy upgrades as the top feature that would persuade them to buy, the highest percentage in Canada. In BC, residents overwhelmingly say energy efficiency upgrades are the number one additional feature that would persuade them to buy a home (41 per cent).

CLEAN, MODERN LOOKS

Ontarians rank dated flooring as the number two home decor turn-off. The number one way to turn off Ontario homebuyers is to not clean the house well (57 per cent), while 18 per cent say old furniture taints their first impression of a home. If a home has old flooring, it better be sparkling; uncleanliness tops Canadian homebuyers’ turn-off list (60 per cent), followed by dated flooring (40 per cent) and bold paint colours (18 per cent).

Gateway Blvd.

James Mowatt Tr.

66 St.

6

11 ALLARD IN HERITAGE VALLEY

7 5 15 13

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

50th St.

QE II

3

e.

30 Av

2

101 Street

4

12

8

814

12 THE ORCHARDS AT ELLERSLIE

Township Road 510

Township Road 510

14

1 ELLERSLIE HEIGHTS

DEVELOPER: United Communities BUILDERS: Landmark Legacy, Homes by Avi, Landmark Communities, Landmark Homes, Park Royal Homes, Kirkland Homes LOCATION: North of Ellerslie Rd. on 66 Street

2 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.

3 CALLAGHAN

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

4 RUTHERFORD HEIGHTS

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

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.

RR243

11

41st Ave. SW

RR244

16

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

1 9

Ellerslie Rd. (9th Ave.)

10

Millwoods Rd.

127 St.

23 Ave. Anthony Henday

91 St. Parsons Rd.

Calgary Trail South

111 St.

119 St.

30 Ave.

10 CALLAGHAN IN HERITAGE VALLEY

34 Ave.

south

34 Ave.

38 Ave.

39 Ave.

Beaumont

5 WALKER LAKES NORTH

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

13 WALKER SUMMIT

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

6 WILLOW HAVEN

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

7 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.

14 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)

15 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

8 ALLARD

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

9 RAVINES OF RICHFORD

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

16 DESROCHERS VILLAGES

T:6.75”

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).

T:1.5”

Lakeside living for all seasons Visit our 19 showhomes today.

LakeSummerside.com 65

SOUTH

66 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

The Best Value in South Edmonton from the Inside Out

FINAL PHASES NOW SELLING! 7 SHOWHOMES TO VIEW! • Walk to K to 9 school • Neighbourhood Commercial • 17 Acre central park & school site • Walking distance to new City Rec Facility & Sports Field • Minutes to the Anthony Henday & South Edmonton Common • Landscaped Ponds & Walking Trails

PACESTTER HOMES

STARTING IN THE

$290’s

TOWNHOMES Pacesetter Homes Boss Homes

DUPLEX Crystal Creek Homes Lincolnberg Sterling Homes

SINGLE FAMILY - ATTACHED GARAGE Active Homes Pacesetter Homes Sterling Homes Crystal Creek Homes ELLERSLIE ROAD 9 AVE

ON

NEW! 53

ST E RE T

WATT PROMENADE

64 ST

www.walkerlakes-station.com

50 STREET

WAT T C O M

WAT T BLVD

66 STREET

M

WELSH DRI V E

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 67

Chill out with the whole community.

All your friends & family will enjoy the outdoor sports rink and park.

Edmonton’s South West Family Community

15 SHOWHOMES TO VIEW Townhomes

Duplex

Single Family Attached

Single Family Detached

Sterling Homes Rohit Communities

Sterling Homes Jaya Homes

Sterling Homes Jayman MasterBUILT Rohit Communities

Landmark Legacy Innovations by Jayman Connect Homes Sterling Homes

Townhomes Now Selling!

STARTING IN THE LOW $300’S VIEW ALL OUR GREAT HOMES AND BUILDERS AT

www.allard.ca 68 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

SOUTH

k.

T

a NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 69

45 St.

Calmar

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

44 St.

50 St.

7

• 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.

QE II

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

St. 50

leduc

Highway 39 To Calmar

6

To Wetaskiwin

1 MEADOWVIEW

DEVELOPER: Qualico Communities BUILDERS: Tristate Signature Homes, Homes by Santos and Connect 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: Homes by Sher-Bilt, Cornerbrook Construction, Jacob’s Construction, McLean & 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: Kimberly General Partner, Cobblestone Master Builder, Bedrock Homes, Caliber Master Builder, Entity Homes, B&H Homes, Landmark 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

• 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 grass will be greener, just like your wallet.

70

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

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

• 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 • RECREATIONAL FACILITIES: Beaumont Regional Activities Centre and numerous outdoor facilities.

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

beaumont

AREA INFO

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

•17 MINUTES TO THE AIRPORT

Come visit us and discover why

“Life is Better in Beaumont” for more information call 780-929-8782

or visit our website at town.beaumont.ab.ca

1 COLONIALE ESTATES

DEVELOPER: ARW Development Corp.

BUILDERS: Mattamy Homes LOCATION: 50 St. & Coloniale Way

2 DANSEREAU MEADOWS

DEVELOPER: United Communities BUILDERS: Caliber Master Builder, Landmark Homes, Landmark Communities, Pacesetter Homes LOCATION: West on 50th Street at Rue Montalet (follow the signs)

3 RUISSEAU

DEVELOPER: Qualico Communities BUILDERS: Look Homes Master Builder.

LOCATION: It is located on the south side of 50th ave at 66st.

4 ROYAL OAKS

DEVELOPER: Cancom Development BUILDERS: Konark Homes, Cancom Homes, Infiniti Homes, Open LOCATION: From Beaumont: West on Township Road 510 to East Vistas Blvd. (follow signs) From Edmonton: South on 101 St. to Township Road 510, east on Township Road 510 to East Vistas Blvd. (follow signs)

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

5 EAGLEMONT IN BEAUMONT

DEVELOPER: MLC Group BUILDERS: Lenaco Homes, Active Homes, Jaya Homes, Golden West Homes LOCATION: 50th Ave & Rue Eaglemont

BUILD YOUR DREAM

TODAY

6 TRIOMPHE IN BEAUMONT

EXECUTIVE LIFESTYLE LOTS STARTING AT $229,000

FOR MORE INFORMATION VISIT WWW.ROYAL-OAKS.CA OR CONTACT US AT 780.442.1111 71

FROM NEW CANADIAN TO NEW HOME OWNER: WHAT IS THE LENGTH OF TIME?

Around the IH office there has been a lot of talk lately

to 14% by the end of year two; 31% by the end of year

about trends as we work to develop our expectations

three; and 48% by the end of year four.

for 2015’s new housing market. It’s obvious a key component to housing demand is population growth and Edmonton’s seen a lot lately. People are flocking from all over the world to take advantage of Edmonton’s strong economy and above-average salaries. What’s not so obvious, however, is the timing

and

the

overall

impact

these

new

Edmontonians will have on the local real estate market.

against the number of immigrant households that have arrived since 2009 – yielded the following schedule for new

international

migrant

housing

purchase

transactions: 2,440 transactions in 2014; 2,950 transactions in 2015; and 2,700 transactions in 2016.

Using the total average of new and resale transactions taking place between 2011 and 2013 as a baseline, IH

IH recently compiled and analyzed net migration data for the city of Edmonton and found the majority of new immigrants have actually been arriving from abroad. In fact, Edmonton alone now receives roughly 4.5% of all Canadian immigration and this share is expected to continue to grow steadily over the coming years.

majority of our migration needs, those of us in the housing industry naturally want to understand more the

timing,

approximated that the new international migrants’ share of all Edmonton area real estate transactions is poised to move from 9% to 10% over the next two years.

A 10% stake in any market is significant, but even more so when you consider it’s being driven by new entrants into the market – not existing. From a new housing

As international immigrants continue to satisfy the

about

Applying these statistics to the city of Edmonton –

process

and

overall

path

newcomers take toward home ownership.

After analyzing longitudinal survey data collected on Canadian immigrants, we found that roughly 9% of

developer or builder’s standpoint, this 10% should also be seen as a huge opportunity to grow their own share of this market.

With this in mind, IH continues to look at how differences in the purchasing habits of these new buyers – and the timing of these transactions – might be leveraged.

landed immigrants purchase housing by the end of their first year in Canada. This 9% figure then grows

Intelligence House is Edmonton’s newest and most innovative Real Estate Marketing Agency with a focus on strategic market intelligence which includes full research, marketing and sales services to the real estate industry.

72 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield

63rd St

Rue Eaglemo nt

BEAUMONT

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 73

// 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.

74 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

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

2.700

4.000

2.940

2.890

2.990

3.040

3.240

Bank of Montreal (BMO)

3.000

4.000

3.140

3.040

3.850

4.390

4.990

Bank of Nova Scotia

3.100

4.550

3.290

3.140

3.440

3.940

4.790

Bridgewater Bank

-

-

5.100

4.700

5.250

-

5.250

CIBC Mortgages

3.000

4.450

2.990

2.940

3.650

4.240

4.990

Caisses Desjardins

3.000

4.400

3.140

3.240

3.750

4.390

4.890

Canadian Western Bank

3.200

4.000

3.140

3.040

3.750

4.390

4.990

Canadian Western Trust

3.200

4.000

3.140

3.040

3.750

4.390

4.990

Comtech Credit Union

-

6.200

2.990

3.250

3.290

2.990

2.900

First Calgary Financial

-

4.000

2.890

2.890

3.190

3.390

3.290

First National Financial

2.450

3.950

2.990

2.590

2.690

2.890

3.090

FirstOntario Credit Un.

2.600

4.240

3.090

3.140

3.290

2.940

3.090

HSBC Bank Canada

3.100

4.450

3.600

3.950

4.450

4.990

5.340

Investors Group Trust

3.000

4.200

3.140

3.140

3.750

4.640

4.990

Laurentian Bank Canada

3.000

4.400

3.140

3.140

3.500

4.390

4.790

League Svgs & Mortgage

-

4.000

3.140

3.040

3.100

3.080

3.190

Libro Credit Union

-

3.900

3.150

3.150

3.150

3.200

3.250

London Life

3.000

4.200

3.140

3.140

3.750

4.640

4.990

Manulife Bank

2.700

4.450

3.000

3.040

3.040

3.090

3.090

Manulife Trust

-

4.450

3.000

3.040

3.040

3.090

3.090

Meridian Credit Union

2.750

4.000

3.090

2.650

3.650

3.290

3.190

National Bank

3.000

4.400

3.140

3.040

3.750

4.390

4.790

-

4.500

3.150

3.500

3.750

3.850

3.950

President’s Choice Fin’l

3.000

6.190

3.190

2.940

3.590

4.040

4.440

Royal Bank of Canada

3.000

3.140

3.140

3.140

3.950

4.540

4.940

Servus Credit Union

-

4.000

3.090

3.040

3.440

3.940

4.790

Steinbach Credit Union

-

-

2.650

2.800

2.900

2.950

3.100

T-D Mortgage

3.000

4.000

3.090

3.040

3.440

3.940

4.790

Tangerine

3.000

-

3.190

3.240

3.490

3.690

3.790

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 NOVEMBER 11, 2014 This information is current as of the date and time posted and is subject to change without notice. © Copyright 2014 CANNEX Financial Exchanges Limited. All rights reserved. Legal Notices

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 75

//MORTGAGE ADVICE

A good financial reason to not overpay for your home » by ALYSSA RICHARD

ALYSSA RICHARD

is the Founder and CEO of RateHub.ca, a mortgage rate comparison site that aims to empower Canadians to make smart financial decisions.

When housing supply is low and demand high, homebuyers are willing to pay more for a property. But there are very good reasons why you should avoid overpaying for your home.

Some real estate markets, such as Toronto, for example, get a bad rap for bidding wars, but we know it’s not the only city in the country to experience them. After conducting dozens of interviews with real estate agents across the country recently, we learned it is indeed a Canada-wide truth.

Before you make an offer on any home, you should be armed with a mortgage pre-approval; this is the maximum amount of money a lender is willing to give you towards the purchase of a home. When we say maximum, we mean it. The first reason not to overbid on a home is because you don’t want to go over your budget, or stretch yourself so thin that you’re house poor. But the other reason not to overbid is because your lender’s home appraiser may determine the property isn’t worth what you’ve offered; this leaves you in a tricky financial position.

“Let’s say you offered $400,000 for a home, your offer was accepted and you have $40,000 to put down. If the bank’s appraiser believes it’s worth only $375,000, the bank will only give you a mortgage equal to their appraised value minus your down payment. In this case, that’s $335,000 ($375,000 $40,000),” explains James Laird of CanWise Financial. “If you still wanted to purchase the home, you would need to come up with the extra cash to make up the shortfall. The shortfall is your purchase price minus the mortgage amount your lender will give you. So, in this example, that’s $65,00 ($400,000 - $335,000).”

Bidding wars are a hot topic in some markets, with homes being priced extremely low so potential buyers will come in with high offers.

76 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

If you can’t borrow money from family or another outside party, you may be forced to walk away from the deal (and risk losing your deposit, in the process). Not having the resources in this situation is what is often referred to as “appraisal risk,” and it’s obviously something you want to avoid. How is that possible? First, don’t overpay, which is something an experienced real estate agent who knows your market should be able to stop you from doing. Second, saving a larger down payment can help reduce your risk, because it allows you to put less money down and use the extra to make up your shortfall.

southeast

2

1 MAPLERIDGE & OAKRIDGE COMMUNITIES

3 LAUREL

5 MAPLE CREST

2 TAMARACK

4 LAUREL CROSSING

6 WILLOW HAVEN

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

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

DEVELOPER: Dream Unlimited Corp.

BUILDERS: Coventry Homes, Crystal Creek Homes, Landmark Homes, Landmark Legacy Homes, Lincolnberg Master Builder, Landmark Communities LOCATION: South of 23 Avenue and East of 34 Street DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Sterling Homes, Landmark Homes, Tristate Signature Homes, Bedrock Homes, Connect 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 DEVELOPER: CarringtonLand BUILDERS: Bedrock Homes LOCATION: 5624 7th Ave SW.

7 TAMARACK COMMON

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

77

B

3

4

Granada

Whitemud Dr.

1 ASPEN TRAILS/EMERALD HILLS

DEVELOPER: Genstar Development Co. BUILDERS: Coventry Homes, Park Royal Homes, Landmark Homes, Christensen Developments, Rohit Communities, Homes by Avi, Marcson Homes, Daytona Homes Master Builder LOCATION: Lakeland Drive & Aspen Trail

2 FOXBORO

DEVELOPER: Qualico Communities BUILDERS: Challenger Homes, ReidBuilt Homes, MacLachlan Mitchell Homes LOCATION: East of Clover Bar Road on Foxboro Drive

78

57

1

d.

Blv

sherwood park

Lakeland Dr.

2

Highway 628

3 ARDROSSAN HEIGHTS

DEVELOPER: Strata Developments BUILDERS: Open LOCATION: 4 miles east of Sherwood Park on Baseline Road North at RR 824 to Ardrossan NEW LOTS COMING SOON!

4 LAKELAND RIDGE

DEVELOPER: Genstar Development Co. BUILDERS: Landmark Homes, Rohit Communities, LOCATION: Lakeland Drive & Campbell Rd.

5 SUMMERWOOD

DEVELOPER: Qualico Communities BUILDERS: Jayman MasterBUILT, Pacesetter Homes, Open LOCATION: East of Clover Bar Rd. North of Baseline Rd. on Lakeland Dr.

1 5 7

4

2 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

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: Oleksyn Homes, Clearview 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

6

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

79

FORT SASKATCHEWAN Y

HW

THE PLACE FORT TO BE FOR SASKATCHEWAN EVERYONE...

COME BUILD ★ ★ YOUR FUTURE WITH US ★ STRATA DEVELOPMENTS 15

21

T OR HF .

UT D SO BLV

Y

HW

R.

D RT

O HF

UT

SO

780.481.4375 www.STRATADEVELOPMENTS.ca

For lot information call Andrew. 780.822.0086 THE ESTATES THE RIDGE LOTS 1/3 Acre & Up! New single family &

NEW SHOWHOMES NOW OPEN! See new and unique designs in New Home construction, all in one community.

THE RIDGE

THE MEADOWS

THE ESTATES

Purchase lot privately and choose your own builder!

THE MEADOWS The perfect place for your growing family!

Landover Homes 780-416-9122 Stoneridge Homes 780-997-0525

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.

80 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

duplex houses from: Anez Homes, Bold Homes, BR Homes, CMK Homes, Glenora Homes, Homes By Sidney, Thomsen Built.

THE VILLAS Duplex condo living from Rosecroft Homes 780-983-9150

M

FORT SASKATCHEWAN

MOVE INTO A BEAUTIFUL COMMUNITY

Active Homes

Duplex Active Homes Rosecroft Custom Homes

Single Family Detached Garage Active Homes Impact Homes Rosecroft Custom Homes

Single Family Attached Garage Active Homes Impact Homes Rosecroft Custom Homes

SEE ALL THE STYLISH SHOWHOMES

300’s

STARTING IN THE MID $

You've come to the right place, Fort Saskatchewan. SouthPointe offers the perfect blend of style and price in a community that encompasses a park, playground, constructed wetlands and walking trails. Only minutes away from grocery, retail and adjacent to the new Fort Sask Hospital.

PLUS A NEW K-9 SCHOOL IS SCHEDULED FOR COMPLETION IN 2016.

rth No

5

1 AY HW .

VE 9A

9

HIG

Y1 WA GH HI

8

5

www.south-pointe.ca

tch ska Sa

St. 101

N .

VE 9A

an ew

92 St.

SO

St. 94

1

Y2 WA

86

St.

Getting to SouthPointe Showhomes: Take Highway 15 NE from Edmonton.

Cross North Sask. River. Cross Highway 21 & Highway 15 intersection to 94th.

St.

St.

94 87

R. TD FOR UTH

IN THE NEWS//

Discover Edmonton’s newest vista FRASER VISTA SHOWHOMES OPEN » by AUREA VASSEUR

A new community surrounded by greenspace, an off-leash dog park, the meandering river with its ribbon of green walking trails at its doorstep, Fraser Vista is uniquely connected to nature.

G3 Development and Lamont Land have partnered to bring your vista to life with a unique enclave of new homes, built by Bedrock and Prominent Homes to address the demands of affordable Urbanization.

Two distinct single-family showhomes are now open for viewing.

The Madison offers 1,926 sq. ft., of inspired living space, and the Mesquite Prairie showhome offers 1,858 sq. ft.

Construction is well underway for the Elwood duplex, featuring two floorplans – the Aspen at 1,555 sq. ft., 82 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

and the Adele at 1,725 sq. ft. of uniquely defined space – scheduled to open this fall.

Fraser Vista is positioned on the edge of rural, but with its foundation firmly planted in urban land, it’s a winning combination for homebuyers seeking connectivity to all.

Nestled between Victoria Trail to the west, 153 Avenue on the north, the newly constructed Anthony Henday on the northeast and the banks of the North Saskatchewan River to the southeast, residents have both nature and commuting opportunities abound.

Amenities are bountiful, with a winning combination of the newly constructed Manning Town Centre, which provides mega shopping, eateries and entertainment. For the avid golfer, the amenities are enhanced with two neighbouring golf courses – Quarry and Raven Crest.

Bring your vista to life. For more information on Fraser Vista, visit vistatolife.ca or drop into the sales centres Monday to Thursday, 3 to 8 p.m., Saturday and Sunday 1 to 5 p.m.

187 Ave.

To Fort Saskatchewan

6

3 50 St.

8

4

.

10 Ave 144

ve.

137 A

Fo rt Rd .

137 Ave.

82 St.

132 Ave.

129 Ave.

118 Ave.

Yel Hermit low age hea dT rail

1 CRYSTALLINA NERA

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

2 McCONACHIE STAGE 7

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

3 MccONAcHIE LANDING

DEVELOPER: MLC Group/Cameron Communities BUILDERS: ReidBuilt homes LOCATION: 167C Ave and 59-60 Street

4 CY BECKER

DEVELOPER: Qualico Communities BUILDERS: Pacesetter Homes, Daytona Homes Master Builder, Rohit Communities LOCATION: Manning Fwy & 167 Avenue

5 VILLAGE AT SCHONSEE

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

151 Ave.11 13

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

12 CASSELMAN LANDING

Tr. Victoria

97 St.

144 Av e.

12

66 St.

.

Ave 153

11 FRASER RIVER PARK

167 Ave. 34 St.

167 Ave. 2

1 St.

5

7

20 St.

Bon Accord 1/9 Gibbons

DEVELOPER: Cameron Communities BUILDERS: Sterling Homes, Lincolnberg Homes LOCATION: Manning Freeway and 153 Avenue

northeast

10 MANNING VILLAGE

Hoo ke Rd

1

6 MccONAcHIE

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

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.

7 COLLEGE WOODS AT LAKEVIEW

DEVELOPER: College Woods Development Inc. BUILDERS: Entity Homes, Prominent Homes Ltd, Sehra Homes LOCATION: 89 Street and 181 Avenue

8 THE TERRACE AT SCHONSEE DEVELOPER: Brookfield Residential BUILDERS: Jayman MasterBUILT, Coventry Homes, Sterling Homes, City Homes LOCATION: North of 167 Avenue on 71st Street

9 VITA CRYSTALLINA NERA

DEVELOPER: Walton Developments BUILDERS: Morrison Homes, Sabal Homes, Homexx Homes LOCATION: north on 82nd street and 180th Avenue T:6.75”

T:1.5”

THE HIDDEN GEM OF THE NORTHEAST DiscoverTheTerrace.ca 83

What to do when you hire a contractor Many experienced and reliable contractors work in your community – highly skilled professionals who do business the right way.

Unfortunately not all contractors play by the same rules. Some cut corners to offer lower prices. They promise you a “good deal” as long as nothing is written down and you pay in cash.

These cash deals can mean a lot of risk for you.

Contractors who don’t do business properly don’t protect you from accidents or their mistakes. If there is a work-related injury or damage to your home, you could face lawsuits and financial loss.

You could be responsible for your contractor’s unpaid bills. And you could be stuck with work that is incomplete or badly done.

While serious, these risks are easy to avoid. Before you agree to let anyone work on your home, take these three simple steps: know who you’re dealing with, make sure you’re protected from risks, and always Get in in Writing! ™

How to find

a good contractor • Ask friends, family and neighbors about contractors they have hired to work on their homes.

• Contact your local Home Builders’ Association or other trade association for a list of professional contractors in your community.

• Ask your local building materials store if it has a list of recommended contractors.

• Ask your utility company if it has a list of recommended contractors.

• Check with your local Better Business Bureau to find out if a contractor is a member.

For more advice, including detailed information about contracts plus worksheets you can use when interviewing contractors, visit HiringAContractor.com For a listing of builder and renovator members, contact the Canadian Home Builder’s Association - Edmonton Region. Call 780-425-1020 or visit their website at chbaedmonton.ca Get it in Writing! provides information to help you make informed choices when you build, renovate, or repair your home. This program is managed by the Canadian Home Builders’ Association with support from the Government of Canada.

74_Get it in Writing_21/1

84 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

85

86

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 87

IN THE NEWS//

Urbanity Custom Homes: SHOWHOME GRAND OPENING IN FRASER RIVER PARK » by SALINA YARA HALABI Urbanity Custom Homes proudly announces the grand opening of its new showhome, The Richmond, in Fraser River Park. On Saturday, Nov. 29 and Sunday, Nov. 30 from noon to 5 p.m, Ubanity invites you to visit this stunning new showhome located south of 153 Avenue and east of 14th Street at 617 Fraser Vista.

The Richmond is a 1,694-sq.-ft. executive-style bungalow.

Featuring a spacious open concept living plan, this new showhome has been elegantly designed and showcases a beautiful gourmet kitchen that will definitely win over cooking aficionados. With 10- and 12-ft. ceilings throughout the home, the Richmond provides an open and airy atmosphere. The basement of the home has also been developed, and at 1,337-sq.ft. it is nothing short of impressive. The basement offers homeowners a fully equipped theatre room, forced walkout basement patio and many more exciting features to explore.

Ideally located just minutes away from access to the Anthony Henday Drive off of 153 Ave., Fraser River Park is a f lourishing community filled with walking trails and greenspaces. This beautiful ravine development in Northeast Edmonton offers an array of natural

88 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

features to enjoy. Amenities are abundant near Fraser River Park, and this includes the new open-air commercial district – Manning Town Centre! Featuring shopping, dining and entertainment options, such as Lowe’s, Marshalls, Homesense and Empire Theatres, this retail and service area provides residents with first-rate facilities to enjoy. There are also future plans for an LRT extension near the community that will add even more travel options and convenience for residents.

To learn more about Urbanity Custom Homes, visit urbanityhomes.com. Starting Nov. 29, visit the stunning new showhome, Monday to Thursday from 5 to 8 p.m., weekends from noon to 5 p.m.

MCCONACHIE STAGE 7 167C AVE & 59-60 STREET

SANGAM HOMES LTD.

BETHPAGE HOMES

WHITE EAGLE HOMES

FAMILY FRIENDLY NEIGHBOURHOOD CLOSE TO SCHOOLS, SHOPPING AND AMENITIES.

BUILDERS SANGAM HOMES LTD. 780-604-8813

SHA-TURE HOMES INC. 780-446-2198

BETHPAGE HOMES 780-945-9832

WHITE EAGLE HOMES 780-497-8998

ADDITIONAL SHOWHOMES COMING SOON! FOR MORE INFO CONTACT: LOUIE RAJ • RANGER REALTY CO. LTD. • 780-478-7791 89

//IN THE NEWS

DEMAND FOR MORE MIXED-USE PROJECTS

Demographics driving development » by LYDIA MCNUTT Canadian homebuyers are forgoing the larger lots and extra bedrooms of the ‘burbs in favour of urban conveniences close to home, according to a recent report titled Emerging Trends in Real Estate 2015 conducted by PwC and Urban Land Institute (ULI). Urbanization is no longer a growing trend, but rather the “new normal.” Hot on the heels of these city-bound homebuyers are developers who are keen to meet buyer demand and add value to their properties by exploring new mixed-use developments like condos and rental apartments which combine residential and commercial opportunities.

“In the Canadian market, the bidding on prime properties can be quite competitive. In response to this competition, the market has become very creative in finding ways to enhance value. The convergence of residential and commercial development is a way to illustrate this value,” says Frank Magliocco, national leader, Canadian Real Estate, PwC. “Residential developers have started to add retail and other services such as health care and education in a bid to attract buyers.

Likewise, commercial developers are including residential components to their office and retail projects.”

CANADIAN REAL ESTATE AT A GLANCE: THE BEST PLACES TO BE IN 2015

Calgary and Edmonton have been named Canada’s top real estate markets, scoring well for investment, development and housing.

Toronto came in third, with continuing migration by residents and retailers to the city core, and an already strong condo market further solidified by a lack of affordable housing.

Following closely in fourth, Vancouver is expected to lead in growth in 2015, with steady foreign investment pouring into its robust housing sector.

90 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

Montreal’s stable market is expected to remain so in 2015, with a drop in the condo market as it continues to absorb inventory. “Meanwhile, the city is keen to attract high-end retailers via Rue Ste. Catherine, where experts foresee the avenue being transformed over the next five years,” according to the report.

While in Winnipeg, a drop in home sales has raised concerns around overbuilding impacting the city’s finances.

“The real estate industry of Canada’s large urban centres continues to be an engine of stable economic growth for the country. It has proven itself to be a low-risk business environment for developers and investors,” says Richard Joy, executive director, ULI Toronto.

“This is especially true in western Canada. The market shift toward urban cores and transit-supportive communities is a unique opportunity to maximize the value of new public infrastructure investment in major cities across the country.”

Playgrounds

Pathways District Campus

Parks Shopping

Home Builders Aacropolis Homes Alldritt Homes Artisan Homes Inc. Bedrock Homes Boss Homes

Cameron Homes Inc.

www.cameronhomes.ca

Cami Comfort Homes

www.camicomforthomes.ca

Carriage Signature Homes Celebration Homes

www.canyonspringhomes.com www.carriagesignature.com www.celebrationhomes.ca

Cobblestone Master Builder

www.mycobblestone.ca

Concept Homes

www.concepthomes.ca

Compass Rose Homes Inc.

www.compassrose.ca

Country Hills Home Sales

www.countryhillshomes.com www.coventry-homes.com www.daytonahomes.ca www.designinnovationsinc.com

Dolce Vita Homes LP

www. dolcevitahomes.ca

Effect Home Builders

www.effecthomes.ca

Encore Master Builder

www.encorehomes.ca

Enitity Homes

www.entityhomes.ca

Fekete Homes

www.feketehomes.ca

Green Living Homes Gannet Homes Master Builder Homes by Avi Homes by Santos Construction

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

Homexx Corporation

www.homexx.ca

Iconic Estate Homes

www.iconichomes.ca

Impact Homes

92 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

www.bosshomes.ca

www.calibermasterbuilder.ca

Design Innovations

www.lincolnberg.com

www.bedrockhomes.ca

Caliber Master Builder

Daytona Homes Master Builder

“

www.artisancommunities.ca

www.livebrookfield.com

Coventry Homes

y Toda e t i S our ur Visit Build Yo asts!�

L To that r i a f Af Love

www.alldritthomes.com

Brookfield Residential

Canyon Spring Master Builder

web directory

www.aacropolishomes.com

Innovations by Jayman

www.impacthomes.ca www.jayman.com

Jayman MasterBUILT Kimberley Homes Landmark Group of Builders Lincolnberg Master Builder MacLachlan & Mitchell Homes Maple Isle Homes Marco Antonio Homes

www.jayman.com www.buildwithkimberley.ca www.landmarkgroup.ca www.lincolnberg.com www.macmitch-homes.com www.mapleislehomes.ca www.marcoantoniohomes.com

Mattamy Homes

www.mattamyhomes.com

Morrison Homes

www.morrisonhomes.ca

Pacesetter Homes

www.yourpacesetter.com

Parkwood Master Builder Perry Signature Homes Inc. Pompei Homes ReidBuilt Homes Rococo Homes Rohit Communities Rosecroft Custom Homes Sabal Homes

www.parkwoodmasterbuilder.com www.perryhomes.ca www.pompeihomes.com www.reidbuilthomes.com www.rococohomesinc.ca www.rohitcommunities.com www.rosecroftcustom homes.com www.sabalhomes.com

San Rufo Homes

www.sanrufohomes.com

S2 Squared by Sterling Homes

www.sterlingsquared.ca

Sterling Homes Edmonton Ltd.

web directory

www.sterlingedmonton.com

OUR HOMES COME IN A WIDE VARIETY of wide varieties

Thomsen Built

www.thomsenbuilt.com

Urban Living by Landmark

www.landmarkurban.ca Duplexes & Townhomes

Urbanity Custom Homes Ltd. Vicky’s Homes

www.urbanityhomes.com www.vickyshomes.ca Rear - Detached Garage Homes

White Eagle Homes Ltd

Front - Attached Garage Homes

www.whiteeaglehomes.ca www.landmarkgroup.ca NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 93

webdirectoryad.indd 1

13-01-07 11:16 AM

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 Cameron Heights Canada Lands Company Canterra Developments Corp.

Chappelle Gardens by Brookfield Residential Creekwood Chappelle

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

Desrochers Villages by MLC Group

www.desrochers-villages.com

Edgemont by Brookfield Residential 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

94 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

www.amblesidewindermere.ca

www.cybecker.com

Eaglemont by MLC Group

www.chappellegardens.com

www.amblesidesouth.com

Cy Becker by Qualico Communities

Dream Development

GARDENS

www.alpine-ridge.ca

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

Granville by Alldritt Land Corporation

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

Hampton Pointe by Beaverbrook Hampton Terrace by Qualico Communities

www.hamptonpointe.ca www.hamptonterraceedmonton.com

Harvest Ridge by Lamont Land

www.harvestridge.ca

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

www.hawksridge.ca www.hawthornesprucegrove.com

Hills of Twin Lakes Hopewell Residential

www.hillsoftwinlakes.com www.hopewellcommunities.com

Hudson Park by Beaverbrook

www.homesinhudson.ca

Keswick on the River

keswick-in-windermere.com

Kenton Village by Beaverbrook

www.kentonvillage.ca

Lake Summerside by Brookfield Residential Langdale in Windermere by Qualico Communities

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

Laurel Crossing by Qualico Communities

www.laurel-crossing.com

Laurel Green by Dream Development

www.livelaurelgreen.ca

Maclab Enterprises

www.maclab.com

Manning Village by Cameron Communities

www.manningvillage.com

Maple Crest by Dream Development

www.livemaplecrest.com

McConachie Landing by MLC Group/Cameron Dev Corp

www.mcconachie-landing.com

McConachie by Walton Development & Management L.P. MLC Group Montalet by United Communities Morningside Properties Newcastle by Qualico Communities ONE at Windermere

web directory

www.mcconachie.ca www.mlcland.com www.montalet.ca www.mymorningside.com

www.newcastle-edmonton.com www.oneatwindermere.com NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 95

Developers/Communities Paisley at Heritage Valley by Brookfield Residential

www.paisleycommunity.com

Palisades by MLC Group

www.palisades.ca

Palm Cove by Qualico Communities

www.palmcovesylvan.com

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

web directory

www.rwwc.ca

Robinson by Beaverbrook

www.LiveInRobinson.ca

Ruisseau by Qualico Communities

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

Spring Lake Ranch

www.springlakeranch.ca

Springate at Spruce Ridge by Qualico Communities

www.springatesprucegrove.com

Spruce Village by Beaverbrook

www.sprucevillage.ca

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

www.stratadevelopments.ca www.summerwoodsherwoodpark.com

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

The Estates at Waters Edge

96 NEW HOME GUIDE | NOV 21 - DEC 19, 2014

www.StarlingAtBigLake.com

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

The Orchards at Ellerslie by Brookfield Residential

www.theorchards.ca

The Terrace at Schonsee by Brookfield Residential

www.discovertheterrace.ca

Thomas Creek

www.CalmarThomasCreek.com

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 North by MLC Group / Cameron Dev Corp Walker Lakes Station by MLC Group / JCA Financial Walker Summit by United Communities

www.waltondm.com

Westerra by Qualico Communities

www.westerrastonyplain.com

Windermere Ridge by Beaverbrook

www.windermereridge.ca

Windermere South

www.windermere-south.ca

Windrose

www.liveinwindrose.ca

Woodhaven - Edgemont

www.woodhavenedgemont.com

The Woods at Kenton by Beaverbrook

www.woodsatkenton.ca

Related Business Edmonton Custom Decks Edmonton New Home Information Edmonton New Home Guide SLC Ltd.

www.walkerlakes-station.ca

web directory

www.walkersummit.com

Walton Development and Management L.P.

Canadian Home Builders’ Association - Alberta

www.walkerlakes-north.com

www.chbaalberta.ca

www.edmontoncustomdecks.com www.new-home.com www.NewHomeGuide.ca www.shaneslandscaping.com

NOV 21 - DEC 19, 2014 | NEW HOME GUIDE 97