Edmonton New Home Guide - Nov 20, 2015

NOV 20 - DEC 18, 2015 VOLUME 27, ISSUE 12, FREE

EDMONTON EDITION

INSIDE THIS ISSUE

EDMONTON WEATHERING THE ECONOMIC STORM

NEIGHBOURHOOD PROFILE ON SUMMERSIDE

EDMONTON SCORES WITH ARENA DEVELOPMENT PLAN

Bleed:

0.125

Colours:

Built:

CMYK

9/11/2015 - JND

INVITING NEIGHBOURHOODS, ATTRACTIVE FEATURES, EXCEPTIONAL VALUE COLONIALE ESTATES, BEAUMONT

SAVE UP TO $20,000 ON DETACHED, COUNTRY CLUB LIVING AT COLONIALE ESTATES •

Limited Time Offer Applies to Quick Possession Homes & Pre-Sale Homes*

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New Lots Now Available

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December Possessions Available

LOT 112, THE ALDER ‘B’ 1,729 SQ.FT. WAS $446,809 HOUSE, LOT, TAX NOW $431,809 · SAVE $15,000!

INCLUDES: 9' Main Floor Ceilings, Walk Through Pantry, 2nd Floor Laundry, Hardwood, Tile, Granite and Quartz, and Much More. February Possession.

BEAUMONT Detached Homes SALES CENTRE 274 Reichert Drive, Beaumont, AB, T4X 1Z7 780-929-1111 sls_beaumont@mattamycorp.com

LOT 47, THE WILLOW ‘B’ 2,681 SQ.FT. WAS $ 611,442 HOUSE, LOT, TAX NOW $591,442 · SAVE $20,000!

INCLUDES: Golf Course Lot, 9' Main Floor Ceilings, Triple Tandem Garage, Den, Hardwood, Tile, Granite and Quartz, and Much More. February Possession.

Follow us: SALES CENTRE HOURS: Monday to Thursday 2pm-8pm; Friday to Sunday and Holidays 12pm-5pm

MATEDMONTON-MH_CE CW_NHG_Mag_DPS.indd 2

Windsong, Airdrie Townhome Showhome

Green Spaces For Kids To Play

Hickory Showhome In Coloniale Estates, Beaumont

THE COLLECTIONS AT CREEKWOOD, EDMONTON

TOWNS FROM $304,990

1,362 – 1,469 SQ.FT. IN THE COLLECTIONS AT CREEKWOOD •

Possessions as early as March 2016

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2-Car Garages

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2- & 3-Bedroom Plans

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Full Yard Landscaping

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No Condo Fees

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Collections At Creekwood, Townhome Exterior

EDMONTON Townhomes

From $304,990 SALES CENTRE The corner of 141 St. SW and Chappelle Dr. SW 780-399-5549 sls_creekwood@mattamycorp.com

Cityscape, Calgary Showhome

FOR MORE INFORMATION ON OUR COMMUNITIES REGISTER AT MATTAMYHOMES.COM *All illustrations are artist’s concept. All dimensions are approximate. Prices, specifications, terms and conditions subject to change without notice. Prices may vary according to lot selection and elevation. Home not exactly as shown. For all offers and complete details visit our Sales Centre for full details. E.&O.E.

2015 Awards of

EXCELLENCE in HOUSING

2015-11-11 12:20 PM

CENTURY ROAD

HWY 16A

ST. ALBERT

ANTHONY HENDAY

HWY 16

170 STREET

HWY 2

EDMONTON

ANDERSON WAY

ST. ALBERT

HWY 16

EDMONTON

heritage valley

ELLERSLIE ROAD

HWY 2

ANTHONY HENDAY

contents NOV 20 - DEC 18, 2015 | VOLUME 27 ISSUE 12

37 in every issue

trending

district maps

012 Editor’s Note

052 CMHC

014 Edmonton Region

088 Neighbourhood Profile 089 What’s Online buyers’ resources

2016 housing market outlook from CMHC

056 We shoot, we score!

Report says new arenas and stadiums boost real estate values

066 Mortgage Rates

showhome review

084 Web Directory

041 Samton Homes: The Bella

advice

024 CHBA Alberta

Edmonton an economic standout

by Jim Rivait

046 Fundamentally Speaking

Canadian average home prices surge on strong economy

by Wayne Karl

Welcome to Samton Homes’ modern masterpiece

027 Northwest 034 Morinville 035 St. Albert 045 Spruce Grove 047 Stony Plain 049 West 055 Southwest 063 South

property profiles

067 Leduc

037 Beaverbrook Communities

069 Beaumont

Welcome to luxury in River’s Gate!

071 Southeast 076 Sherwood Park 077 Fort Sask 079 Northeast

PRESIDENT, YELLOW PAGES NEXTHOME

Jacqueline Hill EDITOR-IN-CHIEF / DIRECTOR OF CONTENT

Susan Legge DIRECTOR OF SALES

Moe Lalani NOV 20 - DEC 18, 2015 VOLUME 27, ISSUE 12, FREE

SALES MANAGER, ALBERTA

Shelley Balla EDITOR

Wayne Karl ART DIRECTOR

10

ON THE COVER

Victoria Cigan

EDMONTON EDITION

CONTRIBUTING EDITORS

Sara Duck (on leave), Marlene Eisner, Elisa Krovblit , Lydia McNutt (on leave)

SENIOR MEDIA CONSULTANTS

Nancy Chemait 780.619.3241 Jennifer Mizier

NATIONAL CIRCULATION MANAGER

Hopewell Residential

Stylish & affordable new homes

John Jenkins

PRODUCTION MANAGER

Bala Gnanapandithan PRODUCTION CO-ORDINATOR

Greg Van Sluytman INSIDE THIS ISSUE

EDMONTON WEATHERING THE ECONOMIC STORM

NEIGHBOURHOOD PROFILE ON SUMMERSIDE

EDMONTON SCORES WITH ARENA DEVELOPMENT PLAN

41

GRAPHIC DESIGNERS

Viosa Barileva, Miguel Cea, Mike Terentiev

PO Box 458. Station Main, Edmonton, AB T5J 2K ypnexthome.ca

ADVERTISING Call 416.626.4200 for advertising

56

rates and information.

CIRCULATION Free distribution in select high-traffic street boxes, stores, banks, financial institutions and select condominium sales offices.

COPYRIGHT 2015 All rights reserved by Yellow Pages Homes Limited. Reproduction in any form is prohibited. Contents of this publication are covered by copyright and offenders will be prosecuted under the law.

TERMS Advertisers, editorial content and New Condo Guide 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. Email to susan.legge@ypnexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

+ online NEIGHBOURHOOD

HOME SEARCH

MORE +PHOTOS +VIDEOS +ADVICE +INSPIRATION +TRENDING

WITH

DYNAMIC MAPS

LOOK FOR THE CIRCLE

Please recycle this magazine! Yellow Pages NextHome participates in the Partners in Growth Reforestation Program through St. Joseph Communications. To date, Partners in Growth has planted over 2.5 million trees in parks, recreation and conservation areas, and other public spaces across Canada. Established in 1990, this program was started with Scouts Canada to help replenish the environment.

Editors' Notes

EXPLORE SUMMERSIDE

SUSAN LEGGE Editor-in-Chief / Director of Content Yellow Pages NextHome Email: Susan.Legge@ypnexthome.ca Twitter: @SusanLegge

TAKE A TOUR ONLINE ypnexthome.ca/summerside-neighbourhood

Seamless experience, either way We hope you’re enjoying the new look and feel of New Home Guide.

As we updated YPNextHome.ca and launched the YPNextHome app, we also wanted to make sure our magazines fit with the experience.

Whether you’re searching in print or online, the experience is the same.

Take us on the go with you and enjoy the magazine, but when you’ve got the opportunity, follow the links to YPNextHome.ca. We’re sure you’ll be impressed with the additional resources, such as video, more pictures and other articles of interest.

We want the experience to be seamless and enjoyable. We’ve focused on bringing you the best information, the most interesting content and the valuable news so that you can make an informed decision about your next rental.

Don’t miss our featured neighbourhoods – that’s a mustread for anyone unfamiliar with a community. Get some insight – the good, the bad, the amenities, the vibe – and let us help you size up a neighbourhood before you commit.

We hope this helps on your search!

Alberta proves its resilience

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

+ get social 12 YPNEXTHOME.CA

For all the challenges the Alberta economy is facing in the wake of the oil slump, real estate markets in Edmonton and Calgary are outshining their prairie neighbours Regina and Saskatchewan.

According to the latest Royal LePage House Price Survey, home prices in Canada showed moderate to strong year-over-year increases in most markets in the third quarter.

The Edmonton housing market continued to weather the energy downturn, showing healthy yearover-year price increases across all housing types surveyed. During the third quarter of 2015, the median price for a two-storey home increased 5.6 per cent year-over-year to $465,247, condominiums increased 4.1 per cent to $244,534, and bungalows 1.9 per cent to $370,989.

Interact with us on social media: ypnexthome

me the kitchen of my dreams

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Step out inspired.

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Explore galleries, floorplans, showhome maps and more at MorrisonHomes.ca

RAY GIBBON DR.

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*LEERQV

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EDMONTON & REGION Check Each Area District Map For More Information

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Enter at any showhome in any Beaverbrook community between November 5th and December 20th for your chance to win $5,000 cash.

One winner every week; the first draw takes place November 23rd.

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NW Edmonton

SW Edmonton

SE Edmonton

Spruce Grove

Leduc

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Buying your first home, moving up or downsizing, whatever stage you’re currently in, Brookfield Residential has the best places to call home. Crafting awardwinning homes in Edmonton for over 10 years, we’re known for our thoughtful designs, great locations and provide exceptional customer service.

CHOICE With a vast selection of contemporary, award winning townhouses, duplexes and rear landed homes, you’ll find the one that’s perfect for your lifestyle.

NOW’S THE TIME With low interest rates and several quick possessions available you could move in by the holidays.

VISIT OUR SHOW HOMES TODAY AND FIND THE PERFECT HOME THAT WILL SUITE YOUR LIFESTYLE.

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Surround Yourself with Nature

Townhouses

Duplexes

Starting from the

Starting from the

$210’s

• • • • •

Up to 1640 sq. ft.

Private attached garage Private low maintenance yard Walk out and pond view lots Pet friendly

Rear Laned Starting from the

$300’s

• • •

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Front yard landscaping Rear parking or front attached garage

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Edgemont

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Paisley Chappelle Gardens

The Orchards

SALES CENTRE HOURS: Monday-Thursday 2pm-8pm Friday-Sunday and Holidays 12pm-5pm

2015-11-10 11:12 AM

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 turn-around 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.

Waters Edge homes have been designed in a timeless Craftsmanstyle 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 stone’s 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 complement you at any stage in life.

SINGLE FAMILY HOMES WITH FULLY LANDSCAPED LOTS

$300,000’S FULLY SERVICED LOTS STARTING IN THE MID $100,000’S

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780.405.6378 info@WatersEdgeEstates.ca www.WatersEdgeEstates.ca

4 STUNNING SHOWHOMES AVAILABLE FOR

IMMEDIATE POSSESSION

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.

NOV 20 - DEC 18, 2015 | NEW HOME GUIDE 21

IT’S A NATURAL CHRISTMAS…

BY C. MARIE HEBSON Natural elements fit in any home from tiny to huge, country to contemporary Christmas (to me) should be natural, easy, fun and carefree. I always turn to nature to create a warm and inviting space for the holidays. Enjoy my favorites this year and “Merry Christmas!”.

1. WOOD SLICE Wow – how simple and yet so elegant. I would put this in anyone’s home from starter to estate.

Adding the gold leaf simply puts it over the top and perfect.

2. BRUSSEL SPROUTS Who knew? I think this is so whimsical, fun, textural and modern, yet also farm fresh and organic. Totally cool.

3. COFFEE FILTERS Recycle your old coffee filters by rinsing them out and creating this gorgeous paper wreath, obviously for the interior only. Great recycling project for you and the kids!

22 YPNEXTHOME.CA

4. WOOD FLORAL Gorgeous neutral texture. Fits into modern, contemporary and the crafters home.

5. HERBS Leucadendron, succulents and rosemary. Silvery, soft, fragrant and stunning!

6. WOODBALLS Love to glue gun? then this is your project. These wood ball wreaths can be used for a candle ring, or to fill up those glass decanters for gorgeous texture in your natural Christmas decorations.

7. DEER ANTLERS The aroma of the sage and rosemary will drive you wild and it’s a perfect way to pay homage to these beautiful creatures by recycling their antlers.

8. TWIGS All you need is a chop saw and some pruning of any type of branches from your yard, a styrofoam wreath shape and glue gun.

Shown here are a compilation of items found online to compose her article. Should you want information on any of these products, don’t hesitate to contact our design studio.

NOV 20 - DEC 18, 2015 | NEW HOME GUIDE 23

Advice | CHBA ALBERTA

Edmonton weathering THE STORM

By Jim Rivait WINTER HAS RETURNED to Edmonton, and just as each and every snowflake we’ll see in the next few months is unique, no two housing markets are identical.

That’s sometimes hard to see when a blizzard of housing market news lumps together a lot of individual cities into a “national” market that seems to involve only Toronto and Vancouver.

Even when the media focuses on covering Alberta housing news, it often starts and stops with Calgary.

So, here is what’s happening in Edmonton, in case you’re considering a home purchase or just trying to understand our unique local market.

On the construction side, we have the stats for the first 10 months of 2015. Edmonton started the year with a lot of momentum behind the multifamily sector and that has pushed housing starts way up – almost 30 per cent – to more than 14,600 homes.

Construction of single-family homes has slipped about 11 per cent this year. To put that in context, it’s important to realize that last year saw the most single-family homes built since 2007. So we’re down a little when compared to a very strong year.

So far this year, builders in metro Edmonton started work on more than 5,000 homes. Even in October, almost 18 months after oil prices started to fall, foundations were poured for more than 500 new homes.

Canada Mortgage and Housing Corp. now forecasts we’ll finish the year with about 5,900 new singlefamily homes – almost exactly the same number as 2013 when the

Alberta economy was roaring along in high gear.

Next year, CMHC expects the number of single-family homes built will slip five per cent to 5,600 – a drop of just 300 homes from 2015 totals. When Canada’s national housing agency looks ahead to 2017, it expects the totals to edge up to almost the same level as this year.

To sum all this up: 2014 was an unusually busy year for single-family home construction, and now we’re back to more typical levels. Plus, our economy is getting a very positive jolt this from a near-record year in construction of multifamily homes.

For Alberta, the numbers are also less dramatic than you might think – down seven per cent through October. Todd Hirsch, chief economist for ATB Financial, explained in a recent commentary why new home construction has not dropped sharply along with oil prices.

“The fact that housing starts have pulled back only moderately this year reflects the fact that the market was in a healthy balance before oil prices started to drop,” Hirsch said. “Prior to previous recessions – such as 2008 and 2009 – home builders had put far too many new homes onto the market.

When the downturn hit, there was a surplus of unsold homes on the market, so construction pulled back more severely.”

Stability in the housing market may not make for many attention-grabbing headlines, but it should reassure homeowners and buyers about the resilience of Edmonton’s strong – and unique – economy.

The Canadian Home Builders’ Association - Alberta represents more than 1,500 business members, including new home builders, renovators, developers, trade and supply companies and professional services. Find a local builder at the CHBA Edmonton region website chbaedmonton.ca

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.

24 YPNEXTHOME.CA

WHERE CUSTOMIZATION IS A GOOD WORD

MONTORIO

HOMES LTD. QUICK POSSESSION HOMES AVAILABLE. ACT NOW AND CUSTOMIZE SOME OF YOUR INTERIOR FINISHES. ASK YOUR AREA SALES MANAGER FOR DETAILS

montorio.ca

Visit our website for a list of quick possession homes

VISIT ONE OF OUR SHOW HOMES TRUMPETER AT BIG LAKE 12908 - 207 Street | NW Edmonton 780.249.9110 HARVEST RIDGE 153 Harvest Ridge Drive | Spruce Grove 780.571.1881 HAWKS RIDGE 233 Hawks Ridge Boulevard | NW Edmonton 587.984.8339 WALKER SUMMIT DUPLEX 5268 & 5270-20 Avenue South | SE Edmonton 587.521.8890 WALKER SUMMIT 5439-20 Avenue South | SE Edmonton 587.521.8588 WOODHAVEN 5406 & 5408 Edworthy Way | SW Edmonton 587.991.8525

NOV 20 - DEC 18, 2015 | NEW HOME GUIDE 25

BU O ILT UR A GR HO LL O EE ME F N S CE A RT RE IF IE

D!

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 YOUR good contractor NEW HOME FOOTPRINT • Ask friends, family andCAN neighbors about contractors they have hired BE AS GREEN AS to work on their homes.

YOU WANT IT...

• 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.

NEW SHOWHOME • Ask your utility company if it has a

NOW OPEN! list of recommended contractors.

Come see• Check us atwith your local Better Business

2249 Bureau to find out if a contractor is a member.

Blue Jay Landing NW

STARLING AT BIG LAKE

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

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 425-1020 or visit their website at chbaedmonton.ca

IF YOU CAN DREAM IT

WE CAN BUILD IT

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.

Ph. (780) 497-1288 Fax (780) 985-2100

www.greenlivinghomes.ca

Get it in Writing(14/10)-/ja

88 New home Buyers Guide | May 14 - Jun 11, 2010 26 YPNEXTHOME.CA

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170 St.

112 St.

162 Ave. 153 Ave.

132 Ave. 127 Ave.

1 CASTLEBROOK CASTLEBROOK MEADOWS DEVELOPER: Concept Realty MEADOWS 2 CASTLEBROOK DEVELOPER: Canterra 2 CASTLEBROOK

3 HAWKS RIDGE AT BIG 3 LAKE HAWKS RIDGE AT BIG DEVELOPER: Walton Development LAKE

and ManagmentWalton L.P DEVELOPER: BUILDERS: Sabaland Homes, Montorio Development Managment Homes, Morrison Homes, Reid Built L.P Homes BUILDERS: Hopewell Residential, LOCATION: North ofMorrison Yellowhead Trail Montorio Homes, on 215 Street Homes, Reid Built Homes LOCATION: North of Yellowhead Trail on 215 Street

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

Developments Corp.

DEVELOPER: Canterra BUILDERS: Open, Developments Corp.

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

142 St.

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149 St.

118 Ave.

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DEVELOPER: Lands DEVELOPER:Canada Canada Lands BUILDERS: ByBy Avi,Avi, Impact BUILDERS:Homes Homes Impact Homes, Homes, Dream Homes Homes,Coventry Coventry Homes, Dream By Krisner, Homes ByPacesetter Krisner, Homes, Pacesetter Slokker-West, Carrington Communities Homes, LOCATION: 137Carrington Avenue North On Slokker-West, 97 Street West on Griesbach Road Communities LOCATION: 137 Avenue North On TRUMPETER BIG LAKE 97 Street West onBY Griesbach Road DEVELOPER: United Communities BUILDERS: TRUMPETER BY BIG Estate LAKEHomes- Fekete Homes, Montorio Homes DEVELOPER: United Communities Classic Homes- Homes by Avi, BUILDERS: Sabal Homes, Montorio Homes, Estate HomesFekete Homes Sterling ClassicHomes Homes- Homes by Avi, DuplexHomes

by Avi Montorio Homes LOCATION: North Anthony Henday Duplex- Homes byonAvi, Montorio Drive, West at 137th Ave. and 199 St. Homes Townhouses- Jaya Homes, Pacesetter Homes LOCATION: North on Anthony Henday Drive, West at 137th Ave. and 199 St.

10 10 11 11

DEVELOPER: Qualico Communities DEVELOPER: Qualico Communities BUILDERS: Sterling Homes, Pacesetter BUILDERS: Sterling Homes, Homes, Coventry Homes, Reid Built Homes, Pacesetter Homes, Coventry Homes, Landmark Tristate Signature Homes Reid BuiltHomes, Homes, Landmark Homes, LOCATION: 167 Avenue & 127th Street Tristate Signature Homes LOCATION: 167 Avenue & 127th MORNINGSIDE Street DEVELOPER: Reid Worldwide Corporation BUILDERS: Fekete Homes, Rococo Homes MORNINGSIDE LOCATION: backing Lois Hole DEVELOPER: Reid onto Worldwide Provincial Park at Big Lake Corporation BUILDERS: Fekete Homes, Rococo TUSCANY HILLS & Homes UPPER TUSCANY LOCATION: backing onto Lois Hole DEVELOPER: United Communities Provincial Park at Big Lake BUILDERS: OPEN LOCATION: North corner of TUSCANY HILLS &127th Street & 195 Avenue TUSCANY UPPER DEVELOPER: United Communities PALISADES BUILDERS: OPEN DEVELOPER: LOCATION: MLC NorthGroup corner of 127th BUILDERS: Bedrock Homes, Landmark Street & 195 Avenue Communities, Landmark Homes, Landmark Legacy LEGACY POINTE LOCATION: South of 167th Avenue & DEVELOPER: Concept Realty East of 139 Street BUILDERS: Concept Homes Master Builder LEGACY LOCATION:POINTE 18230 - 104A Ave.t DEVELOPER: Concept Realty BUILDERS: Concept Builder STARLING ATHomes BIGMaster LAKE LOCATION: 18230 - 104A DEVELOPER: Rohit LandAve.t Development STARLING AT BIG Homes, LAKE BUILDERS: Celebration DEVELOPER: Rohit Land Development C2 Homes, Green Living Homes, BUILDERS: Celebration Cameron Homes, Rohit Communities, C2 Homes, LivingHomes, Homes, Gill Rohit Homes, ArtGreen Custom Built Communities, Cameron Homes, Art Custom Homes Homes, Gill Built Homes LOCATION: North on Anthony LOCATION: North on Ray Anthony Henday Henday Drive, take Gibbons Drive, Drive,take Ray Gibbons Drive, left left on on137 137Ave Ave

northwest northwest

6 NEWCASTLE NEWCASTLE 8

12 HUDSON HUDSON PARK PARK

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

13 STARLING LANDING DEVELOPER: Rohit Communities 13 STARLING LANDING

BUILDERS: Rohit Communities DEVELOPER: Rohit Communities LOCATION: Rohit 2405 Sparrow Crescent BUILDERS: Communities LOCATION: 2405 Sparrow Crescent

27 27

NORTHWEST

Built Green (20/3)-/cb

28窶ズPNEXTHOME.CA

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NORTHWEST

NORTHWEST

NORTHWEST

MORNINGVILLE AREA PUBLIC SCHOOLS

3

• GEORGES H. PRIMEAU JR. HIGH SCHOOL 811 GRANDIN DRIVE 939-3593 (2)

1

105 Ave. 100 St.

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10 min. to St. Albert

95 A ve.

DEVELOPER: Brookhaven Developments BUILDER: Brookhaven Developments, Celebration Homes LOCATION: 100th Street & 105th Avenue

• MORINVILLE CHRISTIAN SCHOOL 10015-100 Avenue 939-2987 (1) (2) (3) • MORINVILLE COMMUNITY HIGH SCHOOL 9506 - 100 Avenue 939-6891 (3) • NOTRE DAME ELEMENTARY 9717 MORINVILLE DRIVE 939-4020 (1)

Cardiff Rd.

1 VILLAGE CHAMPLAIN

• GEORGES P. VANIER ELEMENTARY 10020-101 AVENUE 939-4285 (1)

2 THE LAKES

DEVELOPER: Landrex Developers BUILDERS: Landmark Homes, Dynasty Homes, Reid Built Homes LOCATION: 100 Avenue then North on Grandin Drive

[1] Elementary K-6 [2] Junior High 7-9 [3] High School 10-12

3 EDGEWOOD

N

CHAMPLAIN STREET

DEVELOPER: Lamont Land Inc., G3 Development Services Inc. BUILDERS: Alquinn Homes, Lenaco Homes Master Builder Inc., Prominent Homes LOCATION: 99 Street and 106 Avenue

GRANDIN AVENUE

Edgewood is Morinville's newest community featuring single family and attached garage duplex homes.

Three beautiful showhomes are now open for viewing.

MORINVILLE

34

38

Highway 2

RR. 261

Lacombe Dr. G i

ero se Dr.

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

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OF RIVER’S GATE 5 DEVELOPER: THE CLUB & RESIDENCES Beaverbrook Communities BUILDERS: Las Palmas Estate Homes, OF RIVER’S GATE

127 St.

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6 TUSCANY TUSCANY HILLS HILLS&&UPPER UPPER TUSCANY TUSCANY

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

7 PINNACLE PINNACLE RIDGE RIDGEESTATES DEVELOPER: ESTATES Pinnacorp Investments Inc.

3 ERIN RIDGE Qualico Communities 3 DEVELOPER: ERIN RIDGE

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

LOCATION: Coal Mine Road and Everitt Drive.

UPPER MANOR POINTE DEVELOPER: Upper Manor Pointe BUILDERS:MANOR Open UPPER POINTE LOCATION: Coal Mine Road DEVELOPER: Corner UpperofManor Pointe & Starkey road BUILDERS: Open LOCATION: Corner of Coal Mine Road &CLUB Starkey&road THE RESIDENCES

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

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BUILDERS: Marco Antonio Homes, Alves DEVELOPER: Pinnacorp Construction Heredity Homes, InvestmentsInc, Inc. Design Innovation, Open BUILDERS: Marco Antonio Homes, LOCATION: Starkey Road Bellerose Alves Construction Inc,&Heredity Drive on Sturgeon River Homes, Design Innovation, Open REGENCY HEIGHTS LOCATION: Starkey Road & Bellerose Drive Sturgeon River ESTATES IN on KINGSWOOD DEVELOPER: Canterra Developments Corp.

BUILDERS: DiGiuseppe Interior Design, REGENCY HEIGHTS Las Palmas Estate ESTATES INHomes KINGSWOOD LOCATION: Poirer Ave, just off Sir DEVELOPER: Canterra Developments Winston Churchill Ave. Corp.

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

• LOCATED: LOCATED: Just northwest of Justminutes minutes Edmonton with great access to northwest of Edmonton with St. Albert Trail,toAnthony Henday great access Drive and Hwy St. Albert Trail,2 Anthony Henday and Hwy 2 • Drive SCHOOLS: 30 schools offering

specialized programming • SCHOOLS: 30 schoolsthrough offering Catholic, Public and Francophone specialized programming school systems.

Easy access Postthrough Catholic, Publictoand secondary education by transit or Francophone school systems. roadway.

Easy access to Post-secondary by transit or8 roadway.

• education GROCERY/SHOPPING: grocery

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

Full shopping amenities independent to big box • from RECREATION FACILITIES: 28 ball stores. diamonds, 47 soccer/football fields, 4 Regulation RugbyFACILITIES: Fields, 1 regulation • RECREATION 28 BMXdiamonds, track, 7 pools, NHL size ball 47 3soccer/football hockey 4arenas, 2 indoorRugby arenas and 27 fields, Regulation Fields, ice surfaces, Arden 7Theatre, 1outdoor regulation BMX track, pools, sites,hockey Art Gallery, Museum 3Historic NHL size arenas, 2 arenas and 27 outdoor • indoor MEDICAL FACILITIES: Sturgeon ice surfaces, Arden Theatre, Historic Community Hospital, 2 medical sites, centres,Art St.Gallery, Albert &Museum Sturgeon Primary

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TO MORINVILLE Twnship 544

1 CRYS

DEVELO BUILDE Homes Ironston LOCAT

Care Network, plus other health • MEDICAL FACILITIES: Sturgeon practitioners. Hospital, 2 medical Community Albert & Sturgeon • centres, PARKS &St. PATHWAYS: 85 km of the Primary Care Network, plus other Red Willow Trail system connecting health practitioners. all residents to the river valley. 76 city/ school playgrounds, and 2 dog friendly • PARKS & PATHWAYS: 85 km parks of the Red Willow Trail system connecting all residents to Cultivate Family in the river valley. 76 city/school playgrounds, and 2 dog friendly St. Albert! parks

2 McCO

Cultivate Family in St. Albert!

3 MccO

DEVELO BUILDE Sangam White E LOCAT

http://movetostalbert.ca

DEVELO Commu BUILDE LOCAT

http://movetostalbert.ca

4 CY B

DEVELO BUILDE Master LOCAT

5 VILLA

DEVELO BUILDE LOCAT

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

35

ST. ALBERT

PARADISE HAS A NEW ADDRESS.

Get in the gate

Introducing The Club & Residences of River’s Gate, Sturgeon Valley’s newest luxury community. Now selling half-acre lots in a beautiful gated community, just minutes from St. Albert on the Sturgeon River. Buy directly from the developer, or build with one of our three builders: Alquinn Homes, Heredity Homes or Las Palmas Estate Homes.

THE FIRST 4 NEW PURCHASERS WILL RECEIVE A YEAR-LONG MEMBERSHIP AT THE STURGEON VALLEY GOLF AND COUNTRY CLUB.

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.

36 YPNEXTHOME.CA

Property Profile | BEAVERBROOK COMMUNITIES

Welcome to luxury in River’s Gate!

Location

Sturgeon County Developer

Beaverbrook Communities Community

River’s Gate Home Type

Estate homes Contact

BEAVERBROOK COMMUNITIES WELCOMES YOU to the beautiful community

of River’s Gate. This highly esteemed development is located on the banks of the Sturgeon River and only a few minutes northeast of St. Albert. This gated subdivision presents a community that boasts an intimate setting, offering residents a secluded and private home environment. This coveted community features an array of natural amenities that enhance its scenic surroundings, while also providing homeowners with the convenience of being near an array of first-rate services and commercial outlets. Plus, easy access to Anthony Henday Drive ensures commutes around the greater Edmonton area are hassle-free.

780.484.4389 info@beaverbrook.ca NOV 20 - DEC 18, 2015 | NEW HOME GUIDE 37

River’s Gate has been expertly developed with half-acre estate lots available for purchase. This community showcases inviting greenspaces and walking trails where residents can enjoy an active lifestyle. Features in this community include a picturesque park plaza and the natural oasis of Riverlot 56 Protected Natural Area. The community is also situated next to the Sturgeon Valley Golf and Country Club, further enhancing the community’s serene beauty and luxurious lifestyle. This first-class development was created based on the realization that many families own vacation homes in gated communities outside of Canada; so, Beaverbrook Communities wanted to offer the same sought-after residential exclusivity here at home. River’s Gate has developed one of the only gated communities of its kind in the region, with the added benefits of a stunning surrounding that is offered by the Sturgeon Valley. There is no shortage of retail services around River’s Gate – being just moments away from the prosperous city of St. Albert ensures residents have access to hundreds of amenities.

Only 23 estate lots remain within River’s Gate. Lot prices are starting in the $330’s, providing a wide range of pricing options that will accommodate all levels of buyer interests. The opportunity to build any home style is one of the main features of this community. Homeowners are given the opportunity to build almost any style of home they as long as the home is built true to style and of the highest quality materials. Three exceptional luxury home builders are set to open showhomes in spring 2016: Alquinn Homes, Heredity Homes and Las Palmas Estate Homes. All three builders offer unique home styles and represent the utmost quality in home building. There is also the option to purchase a lot directly from Beaverbrook Communities and build a home using a personally chosen home builder.

38 YPNEXTHOME.CA

For more than 20 years, Beaverbrook Communities has been pursuing its vision to creating lasting communities that will be enjoyed by many generations to come. The Beaverbrook team has developed numerous communities in Edmonton and area, and strives to create neighbourhoods that families are proud to call home. The company consists of industry leaders and professionals who are committed to completing each community project to an exceptional standard, ultimately leading to thriving communities that feature desirable amenities and preferred lifestyles.

Lots in the gorgeous community of River’s Gate are available for immediate purchase, and construction on dream homes is ready to begin! For more information or to learn more about River’s Gate, visit riversgate.ca NOV 20 - DEC 18, 2015 | NEW HOME GUIDE 39

looking for a new home?

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Showhome Review | SAMTON HOMES

Samton Homes: The Bella

WELCOME TO SAMTON HOMES’ MODERN MASTERPIECE – the Bella.

Located in the coveted neighbourhood of Erin Ridge, this showstopping 2,590-sq.-ft. two-storey home features a contemporary design with high quality custom finishings. Situated within the beautiful city of St. Albert, the location of this home is ideal for those who are searching for the convenience of being near first-rate amenities, while being surrounded by an attractive neighborhood that is away from central city congestion. Residents of Erin Ridge are

near greenspaces, community parks and plenty of paths and walking trails for families to enjoy.

The exterior of the Bella welcomes guests with ample of curb appeal. Long board detailing with beautiful charcoal stone accents are featured on the front of the home. Upon entering through the front door a spacious foyer with a stunning raised ceiling sets the tone for this home’s modern yet timeless design. A built-in bench, complete with a wood paneled feature wall, is found to the left of the entrance, and a large closet for storage is located to the right. Custom details are presented throughout the Bella; unique built-in shelving and wine rack is featured above the convenient main floor dry bar, while custom light fixtures are presented within the great room and kitchen. One of the home’s many special features is the floating, open-beam staircase that greets homeowners upon entering through the foyer. This stunning staircase boasts iron rod railings and enhances the home’s 18-ft. ceilings that are featured within the open concept living space. Just off the home’s foyer is a den that is perfectly suited for a home office or study space.

NOV 20 - DEC 18, 2015 | NEW HOME GUIDE 41

A generously sized living room offers homeowners a generous amount of seating space and showcases a beautiful linear fireplace that is surrounded by a floor-to-ceiling charcoal polished porcelain tiled wall. Oversized windows frame the back wall of the living and dining area, allowing for the space to be filled with natural light. This space features dark hardwood floors with contrasting taupe-toned walls, and an innovative ceiling design that offers visually appealing three-dimensional cubes which frame the home’s lighting.

Open to the living and dining area is a designer-styled kitchen that is perfect for entertaining family and friends. This attractive 42 YPNEXTHOME.CA

space combines striking design elements with high quality kitchen appliances. Maple cabinets in a dark wood tone contrast beautifully against chrome hardware and shimmering glass tiled backsplash. A large L-shaped island provides extended eating bars on either side for extra dining space, while showcasing the stunning Caesarstone countertops in white with grey accents. The island features earthygrey toned cabinetry, adding a stylish finish to the area and providing a smooth transition to the living and dining area. Stainless steel appliances are presented in the kitchen and include a gas stove and hood fan, double door fridge, microwave and dishwasher.

Backing off of the kitchen is a bright dining area which is surrounded by windows and access to the back patio. Offering a substantially sized open concept space, the main floor of the Bella is ideal for friends and family to gather. The home’s main level also includes a spacious mudroom – an area that provides access to the

double garage and offers plenty of extra storage space. An exceptionally sized walk-through pantry with plenty of shelving for storing kitchen goods, a large closet for seasonal items, a built-in locker and cubby style storage space, plus another smaller closet perfect for storing smaller household appliances are all found in this area. Completing the main floor is the main floor bath, conveniently located between the den and mudroom.

The gorgeous open beam staircase leads to the impressive second level of the home. A second floor loft features a substantially sized living area that makes for an ideal family escape.

The second floor features wall cut-outs that allow homeowners to display any personal decor pieces with ease. The exceptionally sized master bedroom features a luxurious ensuite, which includes a double vanity and a large soaker tub that is bordered with a beautiful tile.

A glass panel shower features floor-to-ceiling tiled walls and leads to the substantially sized walk-in closet. On the opposite end of the second floor are two additional bedrooms, both offering plenty of closet space and oversized windows. Also located on the second level of the home is a full bath and convenient laundry room. Front load washer and dryer, and a large countertop and sink provide enough space to handle family-sized laundry days.

The Bella showcases the exceptional craftsmanship that every Samton Home provides. Contemporary design, classic style and high-end finishings are just a few of the many coveted characteristics this home offers.

For more information on Samton Homes, visit samtonhomes.com or call 587.290.4000. Visit the St. Albert showhome at 83 Enchanted Way, Monday to Thursday 3 to 8 p.m., Saturday and Sunday noon to 5 p.m.

NOV 20 - DEC 18, 2015 | NEW HOME GUIDE 43

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Harvest Ridge – Single Family 147 Harvest Ridge Dr., Danny 780-733-7922 cell: 780-951-4529 Spruce Grove I Model: Cedar

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

Harvest Ridge – Rear Parking Lane 109 Hewitt Circle, Danny 780-733-7923 cell: 780-951-4529 Spruce Grove I Model: Escape

West Haven Park – Rear Parking Lane 105 Kirpatrick Bend Brad 780-732-1310 cell: 780-906-1142 Leduc I Model: Escape

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

4

Millgrove Dr.

5 Hawthorne Gate

Spruce Ridge Dr.

6

15

Woodhave D n r.

Highway 16A

1 HILLDOWNS

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

2 VANDERBUILT COMMON

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

3 HARVEST RIDGE

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

4 PARKLAND VILLAGE

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

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

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

Brookwood

11

2

12 Jubilee Park

Grove Dr.

Century Rd.

1

McLeod Ave.

5 HAWTHORNE AT HEATHERGLEN

10

Lon gview Dr.

King St.

Dr.

Calahoo Rd.

Grove

13

Calahoo Rd.

Spruce Ridge Road

14

Aspenglen Dr.

9

Jennifer Heill Way

3

To Edmonton

7

Grove Meadows

Dr. Drive

McLeod Ave.

To Edmonton

6 SPRINGATE AT SPRUCE RIDGE

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

7 GREENBURY

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

8 HILLS OF TWIN LAKES

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

9 DEER PARK ESTATES

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

10 KENTON VILLAGE

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

Pioneer Rd.

N

Highway 16

• POPULATION: 26,271.

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

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

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

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

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

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

spruce grove

AREA INFO

8

12 PRESCOTT

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

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

45

Canadian average home prices surge with strong economy

stony plain

Advice | FUNDAMENTALLY SPEAKING

By Wayne Karl AVERAGE HOME PRICES showed

moderate to strong year-over-year increases in most markets in Canada in the third quarter of 2015, according to the latest Royal LePage House Price Survey. While the effects of the crude oil shock are still filtering through the economy, the country’s non-energy sectors are beginning to regain momentum as a lower Canadian dollar stimulates sharply higher exports, particularly to the U.S., supporting overall consumer confidence and the strength of Canada’s real estate markets.

On a national basis, the average price of a home increased eight per cent year-over-year to $502,643 in the third quarter. Two-storey homes rose 9.9 per cent year-over-year to $615,304, bungalows 6.8 per cent to $421,757, and condominiums increased 2.7 per cent to $338,945.

“Economic slowdowns in energy-

dependent markets, most notably in western Canada, have in part been offset by both renewed industrial activity in other parts of the country and the Bank of Canada’s recent interest rate cuts,” says Phil Soper, chief executive officer, Royal LePage.

As was the case in recent quarters, the strong national home price increases are largely being driven by continued double-digit percentage increases in the Greater Toronto Area and Greater Vancouver.

Such price increases may be good news for those who already own a home, but present growing affordability challenges for prospective homebuyers.

“Access to affordable housing in our largest cities has been and will continue to be a challenge for policy makers and for prospective homeowners,” Soper told New Home Guide. “There are similar housing-

MORE ADVICE ONLINE ypnexthome.ca/waynekarl

access challenges in major urban centres worldwide, from New York to Mumbai.

“Despite the high cost of large city homeownership, thousands of firsttime buyers find a solution every year.”

Soper says prospective buyers can consider the following compromises: Geography: moving farther from the most expensive regions and neighbourhoods of a city, or away from the city core and commute Property type: Choose a smaller property or a property with less expensive features (a smaller condo versus a detached home, for example) Financial: Take more time to save in advance before purchasing or seek more attractive financing options.

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

46 YPNEXTHOME.CA

78

5

1 7 Genesis Drive

10

3

2

Genesis Lake Blvd.

1 THE THE BRICKYARD BRICKYARD

DEVELOPER: Development DEVELOPER:Old OldTown Town Corp.

Development Corp.

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

6 SPRING SPRINGLAKE LAKERANCH RANCH

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

7 SOUTHCREEK Qualico Communities 7 DEVELOPER: SOUTHCREEK

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

2 GENESIS ON THE LAKES Construction 2 DEVELOPER: GENESIS Unitech ON THE LAKES

3 3 5 5

Services Ltd. Unitech DEVELOPER: BUILDERS: Ashton Homes, Caribbean Construction Services Ltd. Homes, Fox Maple Homes, Innova BUILDERS: Ashton Homes, Homes, Sierra Homes,Fox Stellar Homes Caribbean Homes, Maple LOCATION: SouthHomes, off highway 16A Homes, Innova Sierra onto Highway 779Homes (also known as 48 Homes, Stellar Street) LOCATION: South off highway 16A onto Highway 779 (also LAKE as WESTERRA known 48 Street) DEVELOPER: Qualico Communities BUILDERS: Coventry Homes, LAKE WESTERRA Sterling Homes Qualico DEVELOPER: LOCATION: Golf Course Rd. & 79 Ave. Communities BUILDERS: Coventry Homes, SILVERSTONE Sterling Homes DEVELOPER: Qualico Communities LOCATION: Golf Course Rd. & 79 BUILDERS: ReidBuilt Homes Ave. LOCATION: South on Boundary Rd at 44th Ave. SILVERSTONE DEVELOPER: Qualico Communities BUILDERS: ReidBuilt Homes LOCATION: South on Boundary Rd at 44th Ave.

8 THE ESTATES AT WATERS 8 EDGE THE ESTATES AT WATERS DEVELOPER: Waters Edge Developments EDGE

9 9 10

BUILDER: Waters Edge Developments DEVELOPER: Waters Edge LOCATION: Only 20 mins West of Stony Developments Plain On Hwy 43 at Gunn BUILDER: Waters Edge & Just 35 mins West of St. Albert on Hwy 37 located on Developments the North Shore of Lac Anne LOCATION: Only 20Ste mins West of Stony Plain On Hwy 43 at Gunn & HILLS OF TWIN Just 35 mins West of LAKES St. Albert on DEVELOPER: Dyrbye Ltd. Hwy 37 located on Developments the North Shore BUILDERS: Open of Lac Ste Anne LOCATION: 2 miles North of Yellowhead Trail on highway 779 & 1.5LAKES miles West on HILLS OF TWIN twp road 534 Dyrbye Developments DEVELOPER: Ltd. WILLOWS END BUILDERS: Open DEVELOPER: Developments LOCATION: Jaffer 2 miles North of BUILDER: Jaffer Developments Yellowhead Trail on highway 779 & LOCATION: 48 Street androad Willow Park 1.5 miles West on twp 534 Road North

10 WILLOWS END

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

3

Jennifer Heill Way

6

8

Spruce Ridge Road

stony plain

8

• POPULATION: POPULATION: 10,544 and 10,544 and Growing.

Growing.

• LOCATED: LOCATED: 20 of of 20km kmwest west Edmonton onon Hwy 16A16A Edmonton Hwy • SCHOOLS: SCHOOLS: 44Kindergarten to grade Kindergarten to nine, Senior French Immersion grade nine,high, Senior high, French & including 2&Religious schools.

Immersion including 2 • Religious GROCERY:schools.

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

Big National Outlets 2 km the east of FACILITIES: town.

• to RECREATION New tri-municipal recreation complex • RECREATION FACILITIES: east oftri-municipal town. 18 hole CPGA New recreation Championship Coarse,18 curling, complex eastGolf of town. hole skating,Championship library, MunicipalGolf Heritage CPGA Centre, Heritage of Murals.

Coarse, curling,Walk skating, library, Heritage Centre, • Municipal MEDICAL FACILITIES: New 70 Heritage Walk of Murals. bed acute & extended care hospital.

Full ambulance services. 3 Medical • MEDICAL FACILITIES: New Clinics.

70 bed acute & extended hospital.

Full ambulance • care PARKS & PATHWAYS: Extensive, services.

3 Medical Clinics. including 12 km of pathways, watercourses & Lions campground.

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

• FOREST GREEN 5210 - 45 Street PUBLIC 963-7366SCHOOLS [1] •• FOREST GREEN HIGH PARK 5210 - 45 Street 40 Highridge Way 963-7366 [1][2] 963-2222 [1] • HIGH PARKCOMPOSITE • MEMORIAL 40 Highridge Way 5116 - 55 Avenue 963-2222 [1] [2] 963-2255 [3] • MEMORIAL COMPOSITE • MERIDIAN HEIGHTS 5116 55Street Avenue 4119 -- 43 963-2255 [3] 963-2280 [1][2] • MERIDIAN HEIGHTS • STONY PLAIN CENTRAL 4119 43Avenue Street 5108 -- 55 963-2280 [1][2] 963-2203 [1][2] • STONY PLAIN CENTRAL 5108 - 55 Avenue SEPARATE SCHOOLS 963-2203 [1][2] • JOHN PAUL II 5801 - 48 Street SEPARATE SCHOOLS 963-2526 [1][2] • JOHN PAUL II 5801 - 48 Street PRIVATE 963-2526SCHOOLS [1][2] • ST. MATTHEW LUTHERAN 5014 - 53 Avenue PRIVATE 963-2715 SCHOOLS • ST. MATTHEW LUTHERAN [1]5014 Elementary K-6 - 53 Avenue [2]963-2715 Junior High 7-9

stony plain

AREA AREA INFO INFO

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Spruce Ridge Dr.

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1 HILLD

DEVELOP BUILDER Stylemast Homes, M Celico Bu LOCATIO King Stre

2 VANDE

DEVELOP BUILDER LOCATIO Common

3 HARVE

DEVELOP BUILDER Homes, H Homes, Pa Developme LOCATIO West of Je

4 PARKL

DEVELOP BUILDER LOCATIO To Centu

5 HAWT HEATH

DEVELOP BUILDER City Hom LOCATIO on Jennife Hawthorn

[3] High School 10-12

[1] Elementary K-6 [2] Junior High 7-9 [3] High School 10-12

As

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

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11 HENLEY HEIGHTS

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1 WOODHAVENEDGEMONT

DEVELOPER: Walton Development and Management LP BUILDERS: Montorio Homes, Coventry Homes, Hopewell Residential, Pacesetter Homes LOCATION: 215 Street and 35 Ave.

2 WEDGEWOOD

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

3 THE PROPERTIES OF DONSDALE

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

4 RIVER POINTE AT CAMERON HEIGHTS

DEVELOPER: Delta Square Properties Inc. BUILDERS: Habitat Studio, Vicky’s Homes, Heredity Homes, Areo Homes, Blackstone Homes, Homes

by Managen, Open to the public.

LOCATION: Take Anthony Henday turn on Cameron Heights Dr.

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5 EDGEMONT

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

6 EDGEMONT PLACE

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

7 CAMERON HEIGHTS

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

DEVELOPER: Walton Developments and Management BUILDERS: Crimson Cove, Bedrock Homes, Connect Homes, Homes

by Avi LOCATION: located just west of the existing Secord Community

west

10 SECORD

12 STEWART GREENS

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

13 ROSENTHAL

DEVELOPER: Melcor Developments Ltd BUILDERS: Daytona Homes, Homes

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

14 TIMBERIDGE AT EDGEMONT

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

9 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.

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better neighbourhoods for happier families

Stewart Greens, the happiest community in West Edmonton, offers more than ample parks, ponds and trails for families to enjoy. Come see the showhomes today, and start planning for a happier life tomorrow.

Detached Homes Starting from the $430,000s

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STAGE 11 LOTS NOW AVAILABLE! NEW SHOW HOMES OPEN! Edmonton’s most popular and exciting Craftsman inspired community. Nestled on 305 acres in West Edmonton, Granville features plenty of green space and trails, 2 beautiful ponds, charming masonry features including an old world bridge, a future school site, numerous amenities nearby including Costco within walking distance, and convenient proximity to the Whitemud and Anthony Henday freeways. Choose from an apartment style luxury condo (starting in the $230’s), a duplex (starting in the $360’s), a single family home (starting in the $440’s), or a refined estate home (ranging from the $650’s to $1.5 million).

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Trending

2016 housing market outlook

By Wayne Karl ATTENTION HOMEOWNERS and prospective homebuyers: the housing market outlook is okay now, but there is a lot of uncertainty in the economy. Make your decisions carefully.

This doesn’t necessarily mean consumers should “take cover,” but the overriding message at Canada Mortgage and Housing Corp.’s kick-off Housing Market Outlook Conference series in Toronto on Nov. 3 was that the housing industry – realtors, builders, developers, and of course buyers and sellers – should certainly “take note.”

In language not usually used by CMHC at its outlook conferences, terms such as “overvaluation” were common, including the situation unfolding in Toronto, Canada’s largest housing market.

CMHC issued similar warnings in late October, when it released its latest Housing Market Assessment, which highlighted that as of October, 11 of the 15 Canadian centres it monitors show at least moderate evidence of overvaluation, up from eight in August. Five of Canada’s largest markets are showing moderate to strong evidence of overvaluation.

“We don’t want to put out the warning of overvaluation when it’s too late, when the market is bound for a strong correction,” says Bob Dugan, chief economist, CMHC. “We want to get that message out early. We want to get the information out to potential homebuyers, lenders, builders, to give them the tools to make better decisions.”

52 YPNEXTHOME.CA

Looking at the national picture, where there is modest evidence of overvaluation, CMHC says: » Mortgage rates will begin to rise gradually in late 2016. » Canada’s economy is expected to continue to attract a high level of immigrants. The level of net migration will remain above its historical average and help support Canada’s housing market. » Income is expected to increase modestly as economic conditions in Canada improve. Income growth will remain supportive of housing demand over the forecast horizon.

“However, there is a lot of uncertainty in the economy,” says Dugan.

Downside risks to the national outlook include: » Future path of oil prices remains the most significant domestic risk that could limit growth through decreasing exports » Broader slowdown in China’s economic growth will negatively affect the Canadian economy through weaker demand for exports » Household debt levels remaining elevated represent a vulnerability that could amplify an economic shock Under these conditions, CMHC forecasts that GDP growth could range between 1.4 and 2.3 per cent next year, and 1.7 and 2.8 per cent in 2017.

Home price growth is expected to slow; the average MLS price will grow to $443,300 in 2016 from $437,700 this year, and to $449,600 in 2017.

Economic developments that can serve to dissipate some of the overvaluation include rising disposable incomes, job and income growth and increasing migration.

“The other way it can dissipate is if house price growth slows, allowing fundamentals to catch up,” says Dugan. “These are some of the ways in which these overvaluations can be resolved.”

WEST

SOUTHWEST

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5112 Woolsey Link

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CHBA-Alberta Multiple Award Winner Builder of the Year Award 2011 & 2012 Small Volume Builder of the Year 2013 & 2015 2015 Edmonton Region Awards of Excellence Awards of Excellence in Housing Winner

Changing Your Address?

Plan Ahead… There Always is the Chance That Something May be Overlooked!

www.whiteeaglehomes.ca c. 780.497.8998

As soon as possible… notify individuals, companies and institutions that your address will be changing, either by phone or by mailing the change-of-address cards from your post office. The following checklist will serve as a convenient reminder: ❏ Accountant ❏ Alumni Association ❏ Attorney ❏ Banks

❏ Investment Companies ❏ Lending Institutions

❏ Credit Cards

❏ Magazine / Newspaper Subscriptions

❏ Dentist

❏ Physicians

❏ Driver’s License

❏ Place of Worship

❏ Employers

❏ Revenue Canada

❏ Frequent Flyer Program

❏ Stockbroker

❏ Catalog Merchants

❏ Insurance Companies 54 YPNEXTHOME.CA

bus. 780.456.5393

❏ Veterinarian

southwest

10 CHAPPELLE GARDENS

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

11 ONE AT WINDERMERE

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

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12 AMBELSIDE SOUTH

12

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

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1 AMBLESIDE IN WINDERMERE

DEVELOPER: Windermere Ambleside II Ltd. BUILDERS: Averton Homes, Triumph Homes, Kanvi Homes, Kimberley Homes, Marcson 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, Duplex Homes (front attached Garages) Parkwood Homes, Landmark Legacy.

Duplex Homes (rear attached garages) - Homes by Avi LOCATION: 156 Street & Ellerslie Road

4 UPPER WINDERMERE

DEVELOPER: Beaverbrook Communities BUILDERS: Averton Homes, 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 LOCATION: West of 180th Street and South of Ellerslie Road (9th Ave)

6 WINDERMERE RIDGE

DEVELOPER: Beaverbrook Communities.

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 141 street

8 CREEKWOOD CHAPPELLE

DEVELOPER: Delcon Creekwood BUILDERS: Averton Homes, Connect Homes, Homes By Avi, Thomsen Built, Reidbuilt Homes, Prominent Homes, Alquinn Homes, Klair Custom Homes, First Avenue homes LOCATION: South of Ellerslie Road & West of 141 Street

13 GRAYDON HILL

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

14 GLENRIDDING HEIGHTS

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

15 PAISLEY AT HERITAGE VALLEY DEVELOPER: Brookfield Residential BUILDERS: Innovations by Jayman, Brookfield Residential, Daytona Homes Master Builder, Coventry Homes, Homes

by Avi LOCATION: South of Ellerslie Road & East of 141 Street

16 ONE AT KESWICK

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

17 WESTPOINTE OF WINDERMERE BUILDERS: Celebration Homes, White Eagle Homes, Infiniti Master Builder, Hoxton Homes, Augusta Fine Homes LOCATION: 170 Street and Woolsey Link

18 THE COLLECTIONS AT CREEKWOOD

BUILDERS: Mattamy Homes, Thomsen Built, Klair Custom Homes, First Avenue, Alquinn Homes LOCATION: West of Creekwood Chappelle

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Trending

l e C ebra

We shoot, we score!

New arenas boost real estate values

By Wayne Karl

te

GREAT NEWS, SPORTS FANS. The common belief that

new arenas and sports stadiums are slam-dunk wins for their billionaire owners and millionaire players, but big fat goose eggs for the local economy… Well, that could be dead wrong. A new report not only suggests the opposite, but says such projects actually boost surrounding real estate values.

The one key proviso is that tax increases to help foot the bill can’t be part of the plan.

The Impact of Stadium Construction on Real Estate Values, from the Real Estate Investment Network (REIN), explores the affects – positive and negative – new arenas, such as Rogers Place in the new Ice District in Edmonton, have on real estate values.

56 YPNEXTHOME.CA

Highlights of the report include: • An arena’s positive impact on housing values can be felt most within a five-km radius and has the largest effect when appealing architecture, community plazas, park landscapes, retail, commercial and entertainment spaces, and the stadium’s construction itself are incorporated into its design.

• A negative effect on property values is felt when the costs of a proposed stadium necessitates the increase of property taxes.

• Homes in neighbourhoods close to new stadiums, on average, have premiums ranging between three and 15 per cent, depending on the different types of housing, parking options and the distance from the facility.

• Housing values increase on average 1.75 per cent for each 10 per cent decrease in distance from a stadium, with the positive price increase being highest for homes closest to the stadiums and decreasing gradually outwards within the five-km radius.

When a stadium is located outside the downtown core, and is not connected to any other economic development activities or urban redevelopment program, residential properties around the facility will still see a positive increase in value. However, this increase will not be as dramatic as those that are built in, or with nearby accessibility, to the Central Business District.

While proximity to the stadium usually results in the largest price increases, the regular presence of fans may lead to a constant source of noise, incivilities, traffic

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congestion and a scarcity of parking. These are all factors with the potential to create a price depreciating effect.

The conclusions are somewhat surprising, given previous perceptions that such projects yield little real economic boost, and that a city’s health depends mostly on its economic fundamentals and infrastructure.

“The presence and subsequent impact on the value of infrastructure is quite unrelated to the economic fundamentals, which reign as having the most impact on real estate values in the short, medium and long term,” said Melanie Reuter, REIN’s director of research.

The findings regarding arenas can be likened to the impact of transportation improvements such as LRT stations, she adds. “Think of the infrastructure findings (transportation and arenas) as a micro effect, compared to broader and deeper fundamentals. So, once you choose a place to invest based on strong fundamentals, give yourself an additional lift by investing around an arena or an LRT station.”

In Canada, while hockey may be the number one sport, a project’s positive impact on real estate values is unrelated to the type of sport – or even whether a team is a winner.

“Surprisingly, type of sport and whether a team is winning or losing has little impact on the results,” Reuter says.

More important factors are proximity to downtown (positive), ample parking (poorly planned or non-existent parking can have a negative impact on values) and integration with the surrounding community.

Incorporating mixed and constant uses – think bars, offices, shops, outdoor spaces – was also key, as was access to good transit.

“Equally important is nearness to the arena,” says Reuter.

“Properties within walking distance (one kilometre) saw the biggest price jumps, and the impact diminished the farther out one went, until there was no impact past four kilometres.”

Edmonton’s Rogers Place, future home of the NHL’s Oilers currently under construction and scheduled to open for the 201617 season, is a good example of a pro-sports facility with spinoff benefits to the local economy. It is being constructed in the heart of downtown Edmonton, has well laid-out urban design plans, and excellent links to public transportation, REIN says. By creating an entertainment district around the arena, hundreds of local amenities will be available for neighbouring residents.

58 YPNEXTHOME.CA

MORE TRENDING ONLINE ypnexthome.ca/news

The list of planned projects for the Ice District is “staggering,” REIN says, with $2.5 billion in downtown development directly connected to Rogers Place.

Projects, all opening in 2016, include: • The NHL arena, with a capacity of 18,641 for hockey and 20,734 for concerts • A community arena, home to the MacEwan University hockey teams, practice facility for the Oilers and junior Oil Kings, and available for community rental • Edmonton Civic Tower – 27-storey tower that will house more than 65 per cent of the City of Edmonton’s downtown employees • Grand Villa Edmonton Casino – 60,000 sq. ft. of world-class gaming, dining and live entertainment • New headquarters for the Oilers Entertainment Group • MacEwan LRT Station, one of three LRT stations within a five-minute walk of the district Other components are slated to open from 2017 to 2020, including more than 1,000 residential units, some of which will be premium condos located atop a four-star hotel.

“Edmonton appears to have nailed it on all fronts.”—Reuter

SOUTHWEST

Look for our new

New 2015 Annual Coming soon 2016 Annual on stands

On Now! Watch for it!

OnStands Stands Now! October 2012 in November

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

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QE II

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

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66 St.

8

Ellerslie Rd. (9th Ave.)

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Millwoods Rd.

91 St. Parsons Rd.

Calgary Trail South

111 St.

119 St.

30 Ave.

10 ALLARD ALLARD IN INHERITAGE HERITAGE VALLEY VALLEY

34 Ave.

Township Road 510

Township Road 510

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1 LAKE SUMMERSIDE SUMMERSIDE

DEVELOPER:Brookfield Brookfield Residential DEVELOPER: Residential BUILDERS:Brookfield Mosaic Townhomes, BUILDERS: Residential, Brookfield Duplexes, Innovations by Innovations

by Jayman, Daytona Jayman, Daytona Homes Master Builder, Homes Master Builder, Landmark LandmarkHomes Homes,by Homes Avi, Homes, Avi, by Pacesetter PacesetterCanyon Homes, Landmark Classic Homes, Spring Master Homes, Canyon SpringHomes, Master builder, builder, Aacropolis Infiniti Aacropolis Homes Master Builder LOCATION:Ellerslie Ellerslie Rd. LOCATION: Rd. & & Parsons ParsonsRd. Rd.

5 WILLOW HAVEN 6 WALKER LAKES STATION

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2 CALLAGHAN DEVELOPER: Rohit Land Dev. 2 CALLAGHAN

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

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3 RUTHERFORD HEIGHTS DEVELOPER: QualicoHEIGHTS Communities 3 RUTHERFORD

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

4 WALKER LAKES NORTH DEVELOPER: MLC Group / Cameron 5 WILLOW HAVEN Communities Carrington Land DEVELOPER: BUILDERS:: Bedrock Cameron Homes BUILDERS Homes LOCATION::South LOCATION 5624of- Ellerslie 7th aveRd. on 66 Street

Beaumont

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DEVELOPER:MLC Carrington DEVELOPER: GroupLand / Allard BUILDERS : Bedrock Homes Developments LOCATIONActive : 5624 Homes, - 7th ave Boss BUILDERS: Homes, Pacesetter Homes, Sterling WALKER LAKES STATION Homes DEVELOPER:South MLC of Group / Allard LOCATION: Ellerslie Rd. Developments on 66 St. BUILDERS: Active Homes, Boss Homes, Landmark Legacy Homes, Lincolnberg ALLARD Master Builder, United Pacesetter Homes, DEVELOPER: Communities Sterling Homes BUILDERS: Caliber Master Builder, LOCATION: South ofWhite Ellerslie Rd. Kimberley Homes, Eagle on 66 St. Parkwood Master Builder Homes, LOCATION: 111th Street & 30th Ave

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

south south

34 Ave.

38 Ave.

39 Ave.

12 WALKER SUMMIT DEVELOPER:United Communities 12 WALKER SUMMIT

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

13 ROYAL OAKS DEVELOPER: Cancom Development 13 ROYAL OAKS

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

14 AURORA DEVELOPER: Melcor Developments Ltd 14 AURORA

BUILDERS: Bedrock Coventry DEVELOPER: MelcorHomes, Developments Homes, Landmark Homes, Parkwood Ltd Master Builder, Trend Homes, BUILDERS: Bedrock Homes,Lincolnberg Coventry ALLARD Master Builder, MelcorHomes, Homes Parkwood Homes, Landmark DEVELOPER:OF United Communities RAVINES RICHFORD LOCATION: South on Ellerslie Master Builder, Trend Homes,at 66th BUILDERS: Caliber DEVELOPER: RohitMaster Land Builder, street Lincolnberg Master Builder, Melcor Kimberley Homes, White Eagle Homes, Development Homes Parkwood Master Builder Homes, BUILDERS: Celebration 15 LOCATION: DESROCHERS South VILLAGES on Ellerslie at 66th LOCATION: 111th Street & 30th Ave OPEN DEVELOPER: MLC Group street LOCATION: Ellerslie Road & BUILDERS: Pacesetter Homes, Landmark RAVINESCreek OF Ravine RICHFORD Blackmud Homes and Jayman Exclusive.

15 DESROCHERS VILLAGES DEVELOPER: Rohit Land Development LOCATION: MLC From Ellerslie DEVELOPER: Group Road and 11th BUILDERS: Celebration Homes, OPEN CALLAGHAN IN Street, drive South on James Mowatt Trail BUILDERS: Pacesetter Homes, LOCATION: Ellerslie Road & Blackmud HERITAGE VALLEY for approximately 5 minutes.

The entrance to Landmark Homes and Jayman Creek Ravine DEVELOPER: MLC Group / JCA Desrochers Villages is on the right, just south Exclusive.

Financial of 30th AvenueFrom (acrossEllerslie the street fromand the LOCATION: Road CALLAGHAN IN HERITAGE BUILDERS: Landmark AllardStreet, neighbourhood).

11th drive South on James VALLEY Communities, Sterling Homes, Mowatt Trail for approximately 5 DEVELOPER: Group / JCA Innovations byMLC Jayman minutes. The entrance to Desrochers Financial LOCATION: South on James Villages is on the right, just south of BUILDERS: Landmark Communities, Mowatt Trail and North of 30 30th Avenue (across the street from Sterling Homes, Innovations by Jayman Avenue SW the Allard neighbourhood).

LOCATION: South on James Mowatt Trail and North of 30 Avenue SW

Community HANDCRAFTED DESIGN of the year! YOUR LIFE TO INSPIRE LakeSummerside.com

TheOrchards.ca 63 63

The chance to Win $250,000 is a really Big Deal Live big to win big with Crystal Creek Homes CRYSTAL CREEK HOMES is excited to offer one lucky homebuyer a never-before-seen opportunity: a chance to win $250,000 off the purchase of a new Crystal Creek Home in Edmonton’s southwest community of Allard. (Yes, you read that right. That’s a quarter of a million dollars to one lucky family who buys a gorgeous new home in Allard.)

There are 20 Crystal Creek houses that are part of the “Live Big to Win Big” contest, Why would a builder offer such an incentive? “This is a celebration for Crystal Creek Homes, as we entered the Edmonton market in 2013 when we acquired Greenboro Homes and our Allard homes are the last lots under that purchase, therefore we wanted to do something big to mark this occasion,” explains Justin Bobier, President of Crystal Creek Homes.

“We understand this is over and above any other promotion that has been done in the home building industry, but for Crystal Creek Home giving $250,000 to one a purchaser in Allard is a great way for us to show our appreciation to our buyers.” As well, Crystal Creek Homes have priced these homes to sell, so not only are you getting great value in the home you are also getting a chance at winning a quarter of a million dollars.

How do you enter? That’s the easy part. All you need to do is buy one of their “Quick Possession” homes in Allard by the end of 2015, and you’re automatically

entered. The hard part is picking from Crystal Creek’s diverse inventory of gorgeous homes.

All the homes are single-family, front-attached garage homes with double or triple garages, standard lots and walkouts, and range from 2,100 to 2,400sq. ft.

Homes start in the $590,000s. “Our homes have a very high-end finish that reflect the value of the Allard community,” Bobier said.

You can see for yourself and check out the full inventory at crystalcreekhomes.ca.

The draw will take place in early 2016—the perfect late Christmas present to any Edmonton family. (Speaking of Christmas, all of the special “live big to win big” homes are available for immediate possession by December 25, at the latest).

Allard is highly touted for its affordable homes and friendly, close-knit community. It’s a pedestrianfriendly, with multiple path systems, future Heritage Valley trails, and the Blackmud Creek Ravine. It’s close to The Currents in Windermere, Southgate and South Edmonton Common, public transportation, a future school site, main arterials like the Anthony Henday and all the professional and lifestyle amenities you can dream of.

For more information about the contest and about Crystal Creek’s homes in Allard, head down to their showhome at 1283 Adamson Drive SW or go online at crystalcreekhomes.ca

//IN THE NEWS | MORTGAGE RATES Buyers’ Resources

Compare mortgage rates for your best deal

MANY CANADIANS LOOKING TO LOCK IN

CHARTERED BANKS ATB Financial Alterna Bank Alterna Savings

variable

6 months

1 year

2 years

3 years

4 years

5 years

2.450

4.000

2.940

2.640

2.640

2.740

2.940

2.550

4.000

2.850

2.850

2.590

2.940

2.680

2.550

4.000

2.850

2.850

2.590

2.940

2.680

2.700

4.000

2.890

2.840

3.390

3.890

a long-term mortgage

Bank of Montreal

Canada’s continuing low interest rate Bank of Nova Scotia 2.700environment 4.550 has Canadians thinking now is the time to lock in a3.140 longCIBC Mortgages 2.700 term mortgage.

Caisses Desjardins 2.700 4.400 A new poll from CIBC reveals the majority of Canadians, Canadian Western Bank 2.900 4.000 74 per cent, would opt for a medium or long-term mortgage if Canadian Western Trust 2.900 4.000 they were to acquire, refinance or renew a mortgage today.

Comtech Credit Union 6.200 the Twenty-seven per cent think now is the time to look beyond DUCA Financial Services traditional five-year fixed mortgage for2.500 a term of up to 10 -years.

Effort Trust 4.450 “Canadians are recognizing that today’s- historically low rates won’t Bank last forever and some are looking Equitable - for ways to bring predictability to their finances over the long term,” says Barry First Calgary Financial 4.000 Gollom, vice-president, mortgages and lending at CIBC. “Most First National Financial 2.200 3.100 Canadians tend to opt for a fixed rate over five years when FirstOntario Credit Un. 2.700 4.240 choosing a mortgage today. With more than one in four HSBC Bank Canada 2.700 4.450 Canadians now saying they would choose a longer term of seven Home Trust Company 2.500 3.950terms.” or 10 years, we may be seeing the start of a shift to longer ICICI Bank Canada

3.050

-

Investors Group Trust

2.700

4.200

-

5.000

Canadians are recognizing that 2.700 4.400 League Svgs & Mortgage historically today’s low4.000 rates Libro Credit Union 3.750 won’t last forever and4.200 some London Life 2.700 ways to4.450 bring Manulifeare Bank looking for 2.400 Manulife Trust 4.450 predictability to their finances Meridian Credit Union 2.500 4.000 over 2.700 the long4.400term National Bank

Laurentian Bank Canada

PACE Savings & Credit Un Parama Credit Union

BENEFITS OF A LONG-TERM 3.290 3.090 3.390 MORTGAGE 3.890

Locking 2.840

in to 2.790 a fixed rate, medium can 3.390 or long-term 4.090 mortgage4.790 reduce the stress that can come with following interest rates.

3.140 3.240 3.390 3.890 4.740 “If interest rates rise in the next year or two, homeowners 3.140 3.040 3.650 4.200 4.740 with shorter term mortgages or variable rate mortgages could 3.140 3.040 3.650 4.200 4.740 see their payments move higher,” Gollom says. “Having a 2.790 2.890 2.950 2.990 2.690 medium or longer term fixed rate can act as a measure of 3.090 3.000 2.990 for those 3.090 2.790 stability and protection – especially who have recently 3.350 3.500 3.700 4.300 4.350 bought their first home.” of rising rates may not be something 3.140The prospect 3.040 3.650 4.390 4.640 Canadians have to worry too much about in the near term.

2.890 2.890 3.390 3.090 2.690 During its interest rate announcement on May 27, the Bank of 2.290 2.190 2.340 2.540 2.640 Canada announced it was going to hold its overnight lending 2.690 2.350 2.390 2.540 2.620 rate at 0.75 per cent.

3.140 3.140 3.540 4.240 4.740 “The overnight rate has only been sitting at 0.75 per cent 2.690 2.240 2.390 2.590 2.690 for a little less than three months now, after Governor Stephen 3.150 finally decided 3.650 to cut it3.640 3.690 Poloz down from the one per cent 3.690 it had at for nearly 4.5 years,” says3.890 Alyssa Richard, 3.140held steady 3.090 3.390 4.740 founder and CEO in 2.890 2.840of RateHub.ca.

3.390 “That decision 3.890 was made 4.740 January, in an attempt to shield highly indebted Canadians 2.990 2.690 2.790 2.890 2.990 from the negative impacts of the significant drop in oil prices 2.850 2.850 2.890 2.890 2.890 (and job losses that have occurred as a result).”

3.140 3.090 3.390 3.890 4.740 CIBC says the shift to longer term, fixed rate mortgages 3.000 2.940 2.840 2.790 2.690 signals growing interest by Canadians to gain greater control 3.000 2.940their largest 2.840 2.790 and certainty over financial obligation.

With 2.690 a consistent and 3.090 predictable mortgage payment at today’s low 3.090 3.550 2.490 2.540 rates for many years, may have the 4.740 3.140 guaranteed 3.040 3.390Canadians3.890 opportunity to pay down their mortgage faster and minimize 2.890 2.850 3.390 3.890 4.640 interest costs, which will help to keep them on track for their 2.800 2.850 2.950 3.050 3.150 broader financial goals.

3.150 3.500 3.750 3.850 3.950 “Finding an expert who can crunch the numbers on a variety 3.140 2.790 while factoring 3.340 in your other 3.990debts, your4.440 of mortgage options 3.090 3.040 savings goals and your personal3.500 risk tolerance3.040 is an extremely2.990 important part 3.040 of the evaluation process,” says4.390 Gollom.

3.140 3.650 4.640

2.650

-

-

4.500

President's Choice Fin'l

2.700

6.190

Rapport Credit Union

2.850

6.000

Royal Bank of Canada

2.700

3.140

Servus Credit Union

-

4.000

2.890

Steinbach Credit Union

-

-

2.450

T-D Mortgage

2.700

3.140

Tangerine

Peace Hills Trust

2.700

-

Windsor Family C.U.

-

4.450

Your Neighbourhood C.U.

-

-

ONLINE CALCULATOR ypnexthome.ca/mortgage-calculator

4.740 4.490

2.840

3.390

CANADIANS’ MORTGAGE MOOD 2.550 2.550

3.890

4.640

2.650

2.650

» 47 per cent would choose a medium term mortgage (three or 2.840 3.390 3.890 4.640 five years) if they were to acquire, refinance or renew a 3.190 3.240 3.490 3.690 3.790 mortgage today 3.000 3.000 3.050 3.050 » 7 per cent would opt for a longer term (seven or 10 years)3.100 2.990 3.000 go with a3.190 3.300 or two years) 3.390 » 19 per cent would shorter term (one » 62 per cent of Canadians with a mortgage believe it will be at least 10 years before they are mortgage-free, making it possible to choose a longer term such as a 10-year fixed rate 2.890

Source: CIBC Mortgage Poll

PREPARED BY CANNEX ON NOVEMBER 11, 2015 AT 00:13:42 ET. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2015 CANNEX Financial Exchanges Limited. All rights reserved. Legal Notices

66 YPNEXTHOME.CA

45 St.

Calmar

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

44 St.

50 St.

7

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

Telford Lake

Black Gold Dr.

3 Rollyview Rd.

Hi gh wa y2 A

1

5 2

To Calgary

42 St.

QE II

St. 50

4

• SCHOOLS: SCHOOLS: 77Elementary, 2 Junior Elementary, 2 & Senior&high.

Public, Private Junior Senior high.

Public, & Separate school systems.

Private & Separate school sys• tems.

GROCERY: Variety of shopping.

C.W. Gaetz Drive

42 Ave.

1

Coady Blvd.

Alton Dr.

Grant MacEwan Boulevard

Hwy 60

50 Ave.

8

6

To Wetaskiwin

1 MEADOWVIEW MEADOWVIEW

DEVELOPER: Qualico QualicoCommunities Communities BUILDERS: Tristate Homes, TristateSignature Signature Homes Santos, Connect Homes and Homes,byHomes

by Santos, Connect Victory HomesHomes and Victory Homes LOCATION: Coady CoadyBlvd Blvd& & Meadowview Blvd.

Meadowview Blvd.

Showhomes Coming SoonSoon Showhomes Coming

2 TRIBUTE TRIBUTE

5 SOUTHFORK SOUTHFORK

DEVELOPER: Tamani TamaniCommunities Communities BUILDERS: Dolce Homes DolceVita VitaHomes, Homes, by Avi, Innovations

by Jayman, Jayman Homes

by Avi, Innovations by MasterBUILT Jayman, Jayman MasterBUILT LOCATION: Highway Street Highway2A 2A&&50th 50th Street

4 4

BUILDERS: Bengel Custom Homes, Corona DEVELOPER: Maclab Enterprises Custom Projects, Cornerbrook BUILDERS: Bengel CustomCustom Homes, Jacob’ s Construction, McLean and Homes, Corona Custom Projects, McLean CustomCustom Homes Homes, Jacob’s Cornerbrook LOCATION: Exit at 50 Ave offMcLean Highway Construction, McLean and 2, proceedHomes west, then go south on RR 253 Custom to Windrose Exit at 50 Ave off LOCATION: Highway 2, proceed west, then SUNTREE go south on Grant MacEwan DEVELOPER: Enterprises Boulevard toMaclab Windrose BUILDERS: Cranston Homes, Areo Homes, Cobblestone Master Builder, SUNTREE Caliber MasterMaclab Builder, Trend Homes, DEVELOPER: Enterprises Triumph Homes BUILDERS: Cranston Homes, LOCATION: Grant MacEwan Boulevard Areo Homes, Caliber Master & SuntreeHomes Promenade Builder,

by Sher-Built, Triumph Homes LOCATION: Grant MacEwan Boulevard & Suntree Promenade

•• GROCERY: Variety of shopping.

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

Centre, 18 hole Course & Public Library.

• Golf MEDICAL FACILITIES: Full Service

CommunityFACILITIES: Hospital and Full • MEDICAL Full Ambulance Service.

Service Community Hospital and Ambulance Service.

• Full PARKS & PATHWAYS: 27 parks

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

6 ROBINSON Beaverbrook 6 DEVELOPER: ROBINSON

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

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

3 WINDROSE DEVELOPER: Maclab Enterprises 3 WINDROSE

leduc

Highway 39 To Calmar

7 BRIDGEPORT Melcor Developments Ltd. 7 DEVELOPER: BRIDGEPORT

8 8

BUILDERS: Construction Ltd., DEVELOPER:Santos Melcor Developments Encore Ltd. Master Builder, McLean & McLean Custom Homes Ltd.,Western BUILDERS: Santos Construction Living Homes Master Builder, Ltd., Encore LOCATION: Take 50Custom Ave, turnHomes right on McLean & McLean Bridgeport Crossing Ltd.,Western Living Homes LOCATION: Take 50 Ave, turn right WEST HAVEN PARK on Bridgeport Crossing DEVELOPER: Melcor Developments Ltd. BUILDERS:HAVEN Encore Master BuilderSantos WEST PARK Construction Ltd.,Homexx Corporation DEVELOPER: Melcor Developments LOCATION: West on 50th Ave, South on Ltd. West HavenEncore Boulevard BUILDERS: Master BuilderSantos Construction Ltd.,Homexx Corporation LOCATION: West on 50th Ave, South on West Haven Boulevard

THE CITY CITY OF LEDUC, THE LEDUC,

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

“A place to to “A great place call home!” call home!”

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

The grass will be greener, just like your wallet.

61 67

BEAUMONT

Colonial Distinctiv

There is It is the k kids have exclusive is hard to

In Coloni neighbou walking/b bike rides skiing op Beaumon There are shopping Airport an

The hom or 3-Car to 2,681 unique to ability to each stre such as f of friendl

You Can Live Her MATEDM_1018578 - Mattamy Homes_ New Home Guide_Magazine – 2 Full Pg Spread - Coloniale Estates

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

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

In Coloni of Quick you and than later

Due: 10/12/14

Publication: New Home Guide DPI: 300

Built: 27/11/2014 – KN

If golf cou a dream visit the C that you one thing

All Matta sodded y

You’ll find of your fa

MATEDMONTON_10

• POPULATION: POPULATION: Approx 12,500 Approx 12,500

beaumont beaumont

AREA AREA INFO INFO

LOCATED: 22miles South of Edmonton on • LOCATED: miles South of Edmonton 50th50th street. on street.

SCHOOLS: 55Schools from Kindergarten to • SCHOOLS: Schools from Grade 12.

Kindergarten to Grade 12.

French Immersion offered in all.in all.

French Immersion offered GROCERY: Sobey s, s, Extra Foods • GROCERY: Sobey Extra Foods

RECREATIONAL FACILITIES: • RECREATIONAL FACILITIES:Beaumont Regional Activities Centre and numerous Beaumont Regional Activities Centre Coloniale Estates Golf Course, Edmonton outdoor facilities. outdoor facilities. and numerous MEDICAL FACILITIES: minutes to • MEDICAL FACILITIES:1010 minutes Grey Nuns Hospital.

ServedServed

by Edmonton to Grey Nuns Hospital. by Ambulance. Ambulance.

Edmonton

Coloniale Estates In Beaumont.

Distinctive Homes In A Golf Club Setting.

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

There is something to enjoy about Coloniale Estates every day.

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

•17 MINUTES MINUTES TO •17 TOTHE THEAIRPORT AIRPORT

Come visit us and Come and discover discoverwhy why

“Life “Life is is Better Better in in Beaumont” Beaumont”

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

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

BUILDERS: Konark Homes, Development BUILDERS: Mattamy Homes Corp.

There are superb recreational facilities and BUILDERS: Mattamy Homes Cancom Homes, InfinitiHomes, Homes, Open BUILDERS: Konark LOCATION: 50 St. & Coloniale Way all around LOCATION: 50 St. & Coloniale Way LOCATION: From Beaumont: Cancom Homes, Infiniti Homes, shopping at the Montalet Mall, The Edmonton International West Openon Township Road 510 to DANSEREAU MEADOWS Airport and2 Grey Nuns Hospital are 15 minutes away.(followBeaumont: 2 the DANSEREAU East Vistas Blvd.From signs) LOCATION: DEVELOPER: UnitedMEADOWS Communities DEVELOPER: United Communities BUILDERS: Caliber Master Builder,

From SouthRoad on 101 St.to West Edmonton: on Township 510

LOCATION: It is located on the

Homes LOCATION: 50th Ave & Rue Eaglemont

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

6 TRIOMPHE TRIOMPHE IN INBEAUMONT DEVELOPER: MLC Group BEAUMONT

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

The homes are all Detached Single Family Homes withBlvd.

2-Car BUILDERS: Caliber Master Builder, to Township Road 510, east signs) on Township East Vistas (follow Landmark Communities, Pacesetter Landmark Communities, Pacesetter Road 510 to East Blvd.on (follow From Edmonton: South 101 St. Homes or 3-Car Tandem Garages, ranging in size from 1,480 Sq.Vistas Ft. Homes signs) to Township Road 510, east on LOCATION: West on 50th Street at Rue to 2,681 Sq. Ft. Many of theonexterior designs are LOCATION: West 50th Street at Township Road 510 to East Vistas Montalet (follow the signs) unique to thisRue community andthe reflect Montalet (follow signs) Mattamy’s 5 EAGLEMONT Blvd. (follow signs)IN The Hickory Showhome, Coloniale Estates, Edmonton 3 RUISSEAU ability to provide a variety of designs to make BEAUMONT 3 DEVELOPER: RUISSEAUQualico Communities MLC Group 5 DEVELOPER: EAGLEMONT IN each street more interesting.

Special features BUILDERS: DEVELOPER: Qualico Lenaco Homes, Active BEAUMONT BUILDERS: Look Homes Master Builder Communities Jaya Homes, DEVELOPER: MLCGolden GroupWest Homes Connect Homes such as front and porches also elevate the sense Homes, BUILDERS: It Look Homes Master LOCATION: Ave Homes, & Rue Eaglemont BUILDERS: 50th Lenaco Active LOCATION: is located on the south of friendlinessside inofthe community.

Builder and Homes, Jaya Homes, Mill Street 50th aveConnect at 66st. Homes

You Can Be Here In of Minutes And south side 50th ave at 66st.You Can Live Here Right Now.

In Coloniale Estates, Mattamy has a selection of Quick Possession Homes ready for sale so you and your family can live here sooner rather than later.

e: 10/12/14

n: New Home Guide

PI: 300

t: 27/11/2014 – KN

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

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

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

The Walnut Showhome, Coloniale Estates

Great Community Features for

ALL SEASONS

MATTAMY HOMES

From 1 Home in 1972 to 70,000 Homes Now

The master community plan allows for gathering

Mattamy Homes is Canada’s largest new home builder

spaces where neighbours can enjoy each other’s

and is well-established in The Greater Toronto Area,

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

Ottawa, Calgary and throughout the United States in

The Walnut Showhome, Coloniale Estates, Edmonton

For information on all Mattamy communities, visit: mattamyhomes.com Sales Centre Hours: Monday to Thursday 2pm-8pm; Friday to Sunday and Holidays 12pm-5pm Sales Centre: 274 Reichert Drive, AB, Beaumont, T4X 0B9 Phone: 780-929-1111 Email: sls_beaumont@mattamycorp.com 59 69

2014-11-13 1:12 PM

4

6 2

7

3

southeast

8

5

1 MAPLERIDGE & OAKRIDGE COMMUNITIES

5 MAPLE CREST

8 LAUREL GREEN

3 LAUREL

6 WILLOW HAVEN

9 LARKSPUR LANDING

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

4 LAUREL CROSSING

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

DEVELOPER: Dream Unlimited Corp.

BUILDERS: Homes by Avi, Coventry Homes, Crystal Creek Homes, Landmark Legacy, Landmark Essentials, 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: Dream Unlimited Corp.

BUILDERS: Homes by Avi, Lincolnberg Master Builder, Landmark Legacy, Urban Luxury Homes, Laurel Green LOCATION: South of 23 Avenue on 24 Street DEVELOPER: Rohit Communities BUILDERS: Rohit Communities LOCATION: 2845 - 43rd Avenue NW Edmonton

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

  71

SOUTHEAST

SOUTHEAST

EDMONTON’S RESIDENTIAL MARKET TO REMAIN HISTORICALLY STRONG IN 2015 & 2016

Canada Mortgage and Housing Corporation (CMHC)

In the Edmonton regional resale market, CMHC

expects the number of Edmonton regional new housing

is projecting the number of resale transactions to

starts to decline by 32.3% in 2016, according to the

contract overall in 2015 and 2016 by 11.9% and 1.7%

agency’s 2015 Fall outlook.

respectively. Average price movements in this market are, however, expected to remain positive this year and

This decline is expected to be driven by a 47.6%

next by growing 0.8% and 1.5%.

reduction in annual multi-family starts and a 5.1% reduction in single-family starts. According to CMHC,

Intelligence House tracks an index that keeps a running

these projected contractions will be coming off of annual

total of all annual Edmonton regional resale housing

housing start growth rates that should total +49.1% for

transactions and new home absorptions, as well as

multi-family and -13.6% for this year.

average price movements. From this database, we calculate our own estimations of the total transaction

While some of these 2016 housing start reduction levels

value of the Edmonton regional resale and new

may seem severe, it is important to understand that

housing market, and projections for this value based

these predictions were based on the idea that builders

on the updated expectations of CMHC and our own

will act to control inventory levels of those homes not

expectations derived thereafter.

immediately absorbed upon finishing, as too much of this sort of housing supply can place downward

This model, in consideration of the above expectations,

pressures on new housing prices. This is why CMHC

currently predicts the total transaction value of

is projecting that the average price of absorbed new

Edmonton’s regional market should equal roughly

housing will finish this year up 5.5% and grow by an

$11.3 billion in 2015 at a level that will be near equal

additional 1.5% in 2016.

to the value computed for 2014 (-0.006%). Looking ahead, this value is expected to fall to $10.4 billion or

As of September 2015, the number of new housing

by 8.4%.

absorptions has been strong by historical comparisons and Intelligence House expects this number will come

By historical comparisons, both of these values remain

to total 12% greater annually this year. However, we

respectively higher than those values calculated from

are expecting this number to decline by 23% in 2016,

2013 back to 2010, the year that our index begins. In

based on CMHC’s housing start expectations for that

other words, the value of Edmonton’s total transaction

year.

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.

levels continued to reach historic records in 2015 and is projected to remain high by recent accounts in 2016.

From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield

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

74 YPNEXTHOME.CA

From left to right: Michael Melnychuk Alex Ruffini Emmett Hartfield

INTRODUCING SOUTHEAST EDMONTON’S

MOST INNOVATIVE COMMUNITY.

As a welcome gift, we’re giving up to $7,000 in discounts.

The first 20 purchases before December 31, 2015, receive:

$5,000 Discount for Single-Family 2-Car Garage homes $7,000 Discount for select lots Our lane builders:

34 ST SW

Duplexes & Townhomes

50 ST SW

$3,000 Discount for Single-Family 1-Car Garage homes,

Anthony Henday Dr

Ellerslie Rd SW

Our front drive builders:

HOMES BUILT FOR LIFE

780-901-9966

780-913-4309

587-521-5869

HILLSATCHARLESWORTH.CA

780-717-9927

writer and editor with experience in real estate and business. In Fundamentally Speaking, Wayne explores the basics of buying property.

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

find the ou love.

13 -8532

om

76

Who and what to believe?

3

2

Granada

.

» by WAYNE KARL For homeowners, when someone says your home is drastically overvalued, naturally, you worry. If you’re a Whitemud Dr. Highway 628 prospective homebuyer, such news might cause you to delay your purchase. That’s the power of housing valuations.

The problem is, who and what to believe?

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

4 SUMMERWOOD

DEVELOPER: Qualico Communities

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

by Avi,Developments, Marcson Homes, Daytona report reminds everyone housing International Monetary Fund: overvalued by 11 per cent Communities, Homes by Avi, 4 SUMMERWOOD markets must be assessed on a micro Homes Master Builder TD Bank: overvalued by 11 per cent Marcson Homes, Daytona DEVELOPER: Qualico Communities LOCATION: Lakeland Drive & Homes Aspen level, not wide-swathing national Canadian housing economist Will Dunning: undervalued Master Builder BUILDERS: Jayman MasterBUILT, Trail LOCATION: Lakeland Drive & Pacesetter Homes, Rohit viewpoints. Canada’s most expensive by nine per cent Aspen Trail Communities, Open 2 ARDROSSAN HEIGHTS LOCATION: East of Clovermarket, Bar Rd. Vancouver, earned a “low risk,” DEVELOPER: Strata Developments while Toronto, the other market such Open a wide HEIGHTS variance in valuations, and using differingRd. on Lakeland North of Baseline Dr. 2 With ARDROSSAN BUILDERS: DEVELOPER: Strata Developments LOCATION:who 4 miles of Sherwood often mentioned in conversations measures, to east believe, indeed?

BUILDERS: Open Park on Baseline Road North at RR 824 about overvaluation, was ranked as “Far tooNEW many foreign LOCATION: 4 miles east ofeconomists try to make overly to Ardrossan LOTS COMING Sherwood Park on Baseline “moderate risk.” simplifi aboutRoad foreign housing markets they don’t SOON! ed statements North at RR enough 824 to Ardrossan NEW “From a pure economic theory understand about,” Calum Ross, mortgage broker and LOTS COMING SOON! standpoint, when interest rates are low, real estate investor, told New Home Guide. then real asset prices will go up,” says “Above and beyond the traditional measures, there are a number of less tangible measures, such as the stability of social, Ross. “Real estate is one of the most interest-rate-sensitive sectors of the political and economic systems at the federal, provincial and global economy. When it comes to municipal level. mortgages, what we know is that people “Canada represents one of single largest countries in the have a tendency to buy payments and world and going from coast to coast, Canada is home to a very be less concerned with total debt. The diverse group of people with local economics that are vastly lower interest rates and longer different,” Ross says. “Saying there is a Canadian housing amortizations allow for lower payment market is no less ridiculous than saying there is ‘Canadian and as long as payments stay affordable temperature.’”

– many people won’t get caught up with Thankfully, Canada Mortgage and Housing Corp. the sticker shock of more expensive real (CMHC) added some context recently in its House Price estate prices.”

Analysis and Assessment (editor’s note: for more information, So, who to believe, next time you see flip to page 56), which provided a market-by-market snapshot a report on Canada’s housing valuations?

by Canada’s larger centres. The report attached a risk level Well, a Canadian source such as CMHC – low, moderate or high – for the major cities, using risk factors is a good start. Otherwise, as experts of overheating, acceleration in house prices, overvaluation and stress, remember to look at your overbuilding. individual market for a clearer With Regina and Winnipeg, of all places, being the indication, not the national assessment. only major centres earning “high risk” assessments, CMHC’s

sherwood park

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47

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Lakeland Dr.

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HOUSING VALUATIONS

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//FUNDAMENTALLY SPEAKING

1 5

1 SOUTHPOINTE SOUTHPOINTE

2 2

3 3 4 4

DEVELOPER: MLC Group Group Active Homes, Impact Homes, BUILDERS: Active Homes, Impact Rosecroft Rosecroft Custom Homes Homes, Custom Homes, LOCATION: Homes, Junction of Hwy. 21 and Pacesetter Hwy. 15 on Homes 94 Street New Vibe LOCATION: Junction of Hwy. 21 and SOUTHFORT RIDGE Hwy. 15 on 94 Street DEVELOPER: Strata Developments BUILDERS: Anez Homes, Bold Homes, BR SOUTHFORT RIDGE Homes, CMK Homes, Glenora Homes, DEVELOPER: Strata Developments Homes

By Sidney, Built Homes, BUILDERS: Anez Thomsen Homes, Bold LOCATION: Southfort Blvd & Ridgeland CMK Homes, Glenora Homes, Integra Way Homes, Made Properties, Thomsen Built, Tristate Homes SOUTHFORT MEADOWS LOCATION: Southfort Blvd & Ridgeland DEVELOPER: Strata Developments Way BUILDERS: Landover Homes, Stoneridge Homes MEADOWS SOUTHFORT LOCATION: Drive & DEVELOPER:Southfort Strata Developments Meadowview Drive Homes, Landover BUILDERS: Cona Homes, Remley Homes, Stoneridge SOUTHFORT ESTATES Homes DEVELOPER: Strata Developments LOCATION: Southfort Drive & BUILDERS: Open to public Meadowview Drive LOCATION: Southfort Drive & Greenfield Way SOUTHFORT ESTATES DEVELOPER: Strata Developments BUILDERS: Open to public LOCATION: Southfort Drive & Greenfield Way Lots open to the public

51

4

2

7

3

5 FOREST FOREST RIDGE RIDGEIN IN WEST WEST PARK PARK

DEVELOPER: Qualico QualicoCommunities Communities Pacesetter Homes, Connect Homes BUILDERS: Pacesetter Homes, Connect Homes by Santos, Victory Homes, Open Homes LOCATION: WestparkVictory Drive &Homes, Open Homes

by Santos, Cranberry Bend LOCATION: Westpark Drive & Cranberry Bend

6 WEST WOODLANDS DEVELOPER: Strata Developments 6 WEST WOODLANDS 7 7

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

Bruderheim BUILDERS: Homes, Open LOCATION: 55 St. & Sunset cres.

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

BUILDERS: Rohit Communities, LOCATION: 94 St. & Sienna Blvd.

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

Edmonton-15 minutes • SCHOOLS: SCHOOLS: 66Public Public Schools, 3 3Separate Schools, Schools, Separate 1 Christian1 School.

Schools, Christian School.

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

• RECREATION RECREATION && CULTURE CULTURE FACILITIES: FACILITIES: Dow Dow Centennial Centre, Centennial Centre, Tennis Tennis courts, campground, courts, campground, baseball diamonds, golf golf baseball diamonds, course, indoor pool, outdoor course, indoor pool, ice rinks (2), outdoor icecurling rinks rink, (2), 3 arenas, rink, indoor3 soccer, arenas, curling gymnasium, fitness centre, indoor soccer, gymnasium, performing arts theatre, visual fitness centre, performing arts gallery, pottery studio. arts theatre, visual arts pottery studio.

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

• 2012, PARKS5 & PATHWAYS: 360 hectares of park/ • PARKS & PATHWAYS: recreational/ natural land 360 hectares of park/ with 30 kilometres of paved recreational/ natural land trails for running, with 30 walking, kilometres of paved biking,for rollerblading trails walking, and running, cross-country skiing. and biking, rollerblading cross-country skiing.

A quiet, friendly, family oriented community.

A quiet, friendly, “Life is good family oriented here!” community.

For more “Life is good information contact here!”

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

fort saskatchewan saskatchewan

d. d Dr.

sherwood park

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6

or visit our website at www.fortsask.ca or email: jzebic@fortsask.ca

47 77

7

Playground

Pathways District Campus

4

Parks Shopping

187 Ave. Bon Accord 1/9 Gibbons

3 50 St.

7 8

2

14

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

To Fort Saskatchewan

6

5

4

167 Ave.

66 St.

.

10 Ave 144

ve.

137 A

82 St.

132 Ave.

Fo rt Rd .

137 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

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

6 MccONAcHIE

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

1 St.

151 Ave.11 13

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

Tr. Victoria

97 St.

144 Av e.

12

12 CASSELMAN LANDING

20 St.

34 St.

167 Ave.

.

Ave 153

Hoo ke Rd

northeast

11 FRASER RIVER PARK

13 FRASER VISTA

1

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

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.

14 SOLSTICE AT MCCONACHIE

DEVELOPER: Brookfield Residential BUILDERS: City Homes, Morrison Homes LOCATION: 167 Avenue and McConachie Boulevard

9 VITA CRYSTALLINA NERA

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

10 MANNING VILLAGE

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

79

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 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.

Get it in Writing(14/10)-/ja

88 New home Buyers Guide | May 14 - Jun 11, 2010 80 YPNEXTHOME.CA

next date.

next boyfriend.

next proposal.

next honeymoon.

next triplets.

When one thing, leads to another home.

Discover all your possibilities at

Buyers’ Resources | WEB DIRECTORY

ADVERTISERS HOME BUILDERS Aacropolis Homes Alldritt Homes Artisan Homes Inc.

www.artisancommunities.ca www.averton.ca

Bedrock Homes

www.bedrockhomes.ca www.bosshomes.ca

Brookfield Residential

www.livebrookfield.com

Caliber Master Builder

www.calibermasterbuilder.ca

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

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

Enitity Homes

www.entityhomes.ca

Fekete Homes

www.feketehomes.ca

Green Living Homes Gannet Homes Master Builder Homes by Avi Homes by Santos Construction Homexx Corporation Hopewell Residential Iconic Estate Homes Infiniti Master Builders

www.greenlivinghomes.ca www.gannethomes.com www.homesbyavi.com www.santoshomes.ca www.homexx.ca www.hopewellresidential.com www.iconichomes.ca www.infinitimasterbuilder.com

Innovations by Jayman

www.jayman.com

Jayman MasterBUILT

www.jayman.com

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

84 YPNEXTHOME.CA

www.alldritthomes.com

Averton Homes

Boss Homes

web directory

www.aacropolishomes.com

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

Mattamy Homes

www.mattamyhomes.com

Montorio Homes

www.montorio.ca

Pacesetter Homes

www.yourpacesetter.com

Perry Signature Homes Inc.

www.perryhomes.ca

Pompei Homes

www.pompeihomes.com

ReidBuilt Homes

www.reidbuilthomes.com

Rococo Homes

www.rococohomesinc.ca

Rohit Communities

www.rohitcommunities.com

Sterling Homes Edmonton Ltd.

www.sterlingedmonton.com

Urban Living by Landmark

www.landmarkurban.ca

Urbanity Custom Homes Ltd.

www.urbanityhomes.com

Vicky’s Homes

www.vickyshomes.ca

White Eagle Homes Ltd

www.whiteeaglehomes.ca

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 Cameron Communities Canada Lands Company Canterra Developments Corp.

Chappelle Gardens by Brookfield Residential Creekwood Chappelle Cy Becker by Qualico Communities Desrochers Villages by MLC Group Dream Development Eaglemont by MLC Group Edgemont by Brookfield Residential Edgemont Place by Qualico Communities Edgewood in Morinville Forest Ridge by Qualico Communities

www.alpine-ridge.ca www.amblesidesouth.com www.amblesidewindermere.ca www.beaverbrook.ca www.livebrookfield.com www.liveincallaghan.com www.cameroncommunities.ca www.villageatgriesbach.com

www.canterradevelopments.com www.chappellegardens.com www.creekwoodchappelle.com www.cybecker.com www.desrochers-villages.com www.dream.ca www.eaglemont-beaumont.com

OUR HOMES COME IN A WIDE VARIETY

www.myedgemont.ca www.edgemontplace.com www.edgewoodlife.ca www.forestridgefortsask.com

Fraser Vista by G3 Developments/Lamont Land

www.fraservista.ca

Genstar Development Company

www.genstar.com

Glenridding by United Communities

web directory

www.glenridding.ca

LandmarkHomes.ca

NOV 20 - DEC 18, 2015 | NEW HOME GUIDE 85

Buyers’ Resources | WEB DIRECTORY

ADVERTISERS

Glenridding Heights by Rohit Land Development

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

Harvest Ridge by Lamont Land

www.harvestridge.ca

Hawks Ridge at Big Lake

www.hawksridge.ca

Hawthorne at Heather Glen by Qualico Communities

www.hawthornesprucegrove.com

Hopewell Residential

www.hopewellcommunities.com

Hudson Park by Beaverbrook Keswick on the River

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

Kenton Village by Beaverbrook

www.kentonvillage.ca

Lake Summerside by Brookfield Residential

web directory

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 by Walton Development & Management L.P. Meadowview by Qualico Communities

www.livemlc.com

Montalet by United Communities

www.montalet.ca

Newcastle by Qualico Communities

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

ONE at Windermere

www.oneatwindermere.com

Paisley at Heritage Valley by Brookfield Residential

www.paisleycommunity.com

Prescott by Beaverbrook Qualico Communities Ravines of Devon by Qualico Communities Ravines of Richford by Rohit Land Development Reid Worldwide Corporation Robinson by Beaverbrook Ruisseau by Qualico Communities

86 YPNEXTHOME.CA

www.liveinmeadowview.com

MLC Group

Morningside Properties

ChappelleGardens.com

www.mcconachie.ca

www.liveinprescott.ca www.qualicocommunities.com www.theravinesofdevon.com www.ravinesofrichford.com www.rwwc.ca www.LiveInRobinson.ca 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

Solstice at McConachie by Brookfield Residential

www.solsticeliving.ca

Southcreek by Qualico Communities

www.southcreek.ca

South Pointe by MLC Group

www.south-pointe.ca

Springate at Spruce Ridge by Qualico Communities

www.springatesprucegrove.com

Starling at Big Lake by Rohit Land Development

www.StarlingAtBigLake.com

Strata Developments

www.stratadevelopments.ca

Summerwood by Qualico Communities

www.summerwoodsherwoodpark.com

Suntree by Maclab Enterprises

www.liveinsuntree.ca

Tamarack by Dream Development

www.livetamarack.com

Tamarack Common by Qualico Communities

www.tamarackcommon.com

The Club & Residences of River’s Gate by Beaverbrook The Estates at Waters Edge

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

Triomphe by MLC Group Trumpeter by United Communities Tuscany Hills by United Communities United Communities Upper Windermere by Beaverbrook Vita Crystallina Nera

www.triomphe-beaumont.com www.trumpeterbiglake.ca www.tuscanyhills.ca www.unitedcommunities.com www.upperwindermere.com www.liveatvita.com

Villas on the Ravine

www.villasontheravine.com

Walker Lakes Station by MLC Group / JCA Financial

www.walkerlakes-station.ca

Walker Summit by United Communities Walton Development and Management L.P. Westerra by Qualico Communities WestPointe of Windermere Windermere Ridge by Beaverbrook Windrose by Maclab Enterprises Woodhaven - Edgemont The Woods at Kenton by Beaverbrook

web directory

www.walkersummit.com www.waltondm.com www.westerrastonyplain.com www.westpointeofwindermere.com www.windermereridge.ca www.liveinwindrose.ca www.woodhavenedgemont.com www.woodsatkenton.ca

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

www.chbaalberta.ca www.edmontoncustomdecks.com www.new-home.com www.NewHomeGuide.ca www.shaneslandscaping.com NOV 20 - DEC 18, 2015 | NEW HOME GUIDE 87

Neighbourhood Profile

Summerside

Fast facts

Laid back life on the lake

$118,291

Average household income

Family structure

By Amy Hancock

FAMILIES

COUPLES

SINGLES

60%

29%

11%

Own vs. rent

90% OWNERS

10%

TAKE A VIDEO TOUR ONLINE ypnexthome.ca/summerside-neighbourhood

RENTERS Most common home type

SUMMERSIDE IS a new neighbourhood at Ellerslie Road between 66th street and Parsons Road, notable for the 28-ft.-deep, 32-acre Summerside Lake, designed for swimming, fishing and nonmotorized boating that is exclusive to members of the Summerside Residence Association.

Lifestyle Residents enjoy the laid back feeling of life on the lake. Paddle boat, kayak and canoe rentals are available, should you feel like getting out of your lounge chair. Kids will enjoy the lakeside playground, sandy beach and surrounding lawns. In the winter, the lake is converted to a skating rink and winter programming is offered by the residents association.

Vibe Rows of cottage-like homes line up behind green boulevards. The wide sidewalks are busy with young parents pushing baby strollers and tikes learning to ride without training wheels, likely on their way to Lake

Summerside for a day of fun at the beach. A to-do list of errands is easily tackled with commercial services close by.

Meet the neighbours Summerside is a family neighbourhood. Although there are young professionals, empty nesters and seniors residing here, it is obvious young parents have chosen this safe and friendly neighbourhood to raise their children.

In the area The cost of rent seems to vary depending on the unit’s distance from the beach. Rent is not necessarily cheap, but reasonable. Many of the restaurants, cafes and retailers in Summerside are franchises. The price of services, a meal or a pint of beer will be the same here as it is anywhere else.

Planes, trains & automobiles The development of Summerside began before Edmonton experienced its massive economic boom and

SINGLE-DETACHED Education levels

41% UNIVERSITY

36% HIGH SCHOOL

SOURCE: ENVIRONICS

some residents got in early. Bus routes come through Summerside and nearby neighbourhoods are easily accessible, but Summerside is largely a car-dependent neighbourhood.

Access to major freeways makes getting around the rest of the city easy enough, but expect a longer commute to downtown or anywhere north of the river.

Real estate Although the newer homes are still priced comparably to nearby neighbourhoods, starter homes are no longer as affordable as they used to be. First-time homebuyers are renting out suites in their homes and this benefits the renters market.

Amy is a freelance writer and communications professional. Her insights and extensive familiarity with Edmonton make her a great guide for getting to know local communities.

88 YPNEXTHOME.CA

23% COLLEGE

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Visit our website: NOV 20 - DEC 18, 2015 | NEW HOME GUIDE 89

If your HolIday WIsH lIst Includes...

More room in the garage for the snowblower.

An ensuite bathroom you don’t have to share with the kids.

A walk-in closet for all your shoes.

The perfect cozy corner for a Christmas Tree.

tHe sevIlle WIll make all of your WIsHes come true!

GREAT ROOM

BEDROOM DINETTE

MASTER BEDROOM

KITCHEN LINEN

WALK-IN CLOSET

FOYER MUD ROOM

Extra the e in Spac rage! a G GARAGE

LINEN

PANTRY

1/2 BATH

ENSUITE

BATH ROOM

W

D

BEDROOM

LAUNDRY

BONUS ROOM

MAIN 789 SQFT

SECOND 1197 SQFT

* Starting from price in Leduc Alberta for Seville Elevation B, includes home, lot & net GST. Bi-weekly payments based on 10% down, 3 year closed rate, 25 year amortization. Price & payment based on Emerge specifications. Subject to change without notice. Please see Area Manager for details.

NewHomeGuide_DblePage_Overstock_20Nov2015_Hi.indd 1

Live in this snow globe from

$415,100 $772

*

Bi-weekly payments of only

11/13/2015 10:54:05 AM