Calgary New Home Guide - Aug 17, 2018

AUG 17 – SEPT 14, 2018 | nexthome.ca

CALGARY EDITION

Connecting Canadians to new HOMES & CONDOS for more than 25 years

DECOR TIPS

for a cosy indoor retreat

INSIDE:

HOME PRICE APPRECIATION EXPECTED TO RISE

OVERCOMING MORTGAGE AFFORDABILITY HURDLES

Your Best Value From Every Angle Radius features one, two and two bedroom plus den homes in a LEED Registered 7-storey concrete building, parkside in the heart of Bridgeland, with panoramic downtown views + a rooftop patio + an urban garden + concierge + parking with every home + dog wash station + 5-minute access to the CTrain and the river pathways + private yoga, spin and weight training studios + bike/ski workshop + more.

2 Bed 2 Bath Homes From $390K with Underground Parking and Storage.

Now Over 60% Sold! Own With as Little as 5% Down, Move In Early 2019.

Invest in Bridgeland. Invest in Radius. Invest in Yourself.

BUCCI.COM/RADIUS • 403.225.0023

9ath st. ne

VIEW PRICING AND AVAILABILITY ONLINE

murdoch park

9th st. ne

TWO NEW 2 BED SHOW SUITES

Edmonton trail

VISIT US TODAY!

1STave. ne

memorial dr.

3 - 88 9th Street NE CALGARY

This is not an offering for sale. The Developer reserves the right to make changes and modifications to maintain the high standards of these homes.

Prices are subject to change without notice. E. & O.E

on 8th in Airdrie

Ironhorse Park

N

Midtown Crossing SW Paired + Street Town Sales Centre

Midtown Gate SW Midtown St SW Midtown Place SW Midtown Drive SW Yankee Valley Blvd. SW

Midtown Parkway SW

8th Street SW

Midtown Blvd SW

Railway Gate SW

Front Drive Sales Centre

STARTING FROM THE LOW

300

$

’S

Looking for your NextHome?

Browse the latest new homes and condos in your area.

YOUR OWN PIECE OF QUIET

Discover the beauty of homes that complement the natural landscape

A pocket of tranquility where you can truly put down roots At Brookfield Residential, we believe in architecture that suits the landscape and homes that fit your lifestyle. Experience a natural fit in our new collection of single family homes in Cranston’s Riverstone — where nature and style collide. Satisfy your need to escape the city, without ever leaving home.

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HOMES starting from the upper

$400’s

AUG 17 – SEPT 14, 2018 | VOLUME 21 ISSUE 9

CONTENTS

10 ON THE COVER:

DECOR TIPS FOR A COSY INDOOR RETREAT

6

NextHome.ca

EDITOR-IN-CHIEF

Susan Legge EDITOR

Marisa Baratta ACTING ART DIRECTOR

Miguel Cea CONTRIBUTING EDITORS

Sara Duck Marlene Eisner

16

MEDIA CONSULTANT

Nancy Chemait 780.619.3241

Published by

PROPERTY PROFILES

IN EVERY ISSUE

32 Shane Homes

8

New single-family laned product in Hillcrest

Editor’s Note

DISTRICT MAPS

TRENDING

13 Downtown

16 Market News

15 Northwest 23 Southwest

18 BILD Alberta Awards

24 Southeast

Home price appreciation expected to rise Announcing the 2018 BILD Alberta Awards finalists

27 Okotoks,

ADVICE

9

25 Cochrane

BILD Alberta

High River

Buying a new home: To work with a realtor or not?

29 Northeast, East

BY CARMEN WYTON

31 Airdrie

26 Keehn on Money

Calgary NextHome is published 13 times per year. We are located at: 2891 Sunridge Way NE, Calgary, AB T1Y 7K7 Phone: 587.226.1313

Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of NextHome, and not that of the individual client. The customer has purchased the right of reproduction in NextHome and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of NextHome. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted.

Copyright 2018. All rights reserved. Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of NextHome is strictly prohibited.

Editorial submissions from interested parties will be considered. Please submit to the editor by email to marisa.baratta@nexthome.ca. The views and data expressed by columnists do not necessarily represent those of the publication.

Planning for your first home as rates rise

BY KELLEY KEEHN

34 Mortgage Intel

Overcoming mortgage affordability hurdles

BY ALYSSA FURTADO

26 AUG 17 - SEPT 14, 2018 7

EDITOR’S NOTE

EQUIP YOURSELF WITH MARKET KNOWLEDGE

MARISA BARATTA EDITOR NextHome EMAIL: marisa.baratta@nexthome.ca TWITTER: @marisabaratta

So, what’s new in Calgary real estate? According to Royal LePage, home price appreciation slowed across Canada in the second quarter of this year – likely in part because of the regulations introduced by the Office of the Superintendent of Financial Institutions (OSFI) – but in Calgary, home appreciation has been steady and is expected to rise by the end of this quarter (page 16).

Speaking of rising numbers, mortgage rates have gone up, too. Is it still a good time to buy? Kelley Keehn shares her tips for today’s prospective homebuyers on page 26.

And in preparation for mortgage time, Alyssa Furtado offers some suggestions for making a mortgage more affordable (page 34).

By the way, if you’re self-employed and thinking about buying a home, here’s some good news – this October, Canada Mortgage and Housing Corp. is introducing new guidelines to help make it easier for self-employed buyers to obtain a mortgage. Considering Canada’s “gig economy” is growing, this comes at a good time!

And because life can sometimes feel overwhelming, I encourage you to make your home your happy place.

There are inexpensive ways, big and small, to add personal touches to your oasis. On page 10, designer Jo Alcorn shares her tips for creating a cosy indoor space.

There’s a lot to think about when it comes to buying a new home. So, consider taking things one step at a time, until eventually the steps you’re taking are the ones that lead to your new home.

+

PAGE 26: Wondering if now is a good time to buy, considering rising interest rates? Check out our tips for first-time homebuyers.

+ get social 8

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Interact with us on social media: nexthome

ADVICE | BILD ALBERTA REPORT

REALTORS TO WORK WITH ONE OR NOT?

CARMEN WYTON

A question homebuyers often ask when considering a newly built home is whether they need a realtor to help them through the process. While this decision may come down to personal preference, understanding the relationship between realtors and home builders as well as the process of purchasing a new home is a step in the right direction.

RESEARCH AND OPTIONS

Many homebuyers start their search online to decide if a new build or resale will best suit their needs. If you’re still unsure, having a realtor show you some homes could be helpful.

If a brand-new home has been in your sights from the start, you may not need to use a realtor for the sale. Instead, get to know the sales staff of your home builder of choice, build a relationship, and make sure you will feel comfortable and supported throughout the process.

REALTORS AND BUILDERS

Realtors have access to a comprehensive database of home listings, new and resale. They will show you properties based on what they feel will best suit your needs, and you can ask them to include new homes in their search.

If they find a new home that ticks off boxes on your must-have list, they shouldn’t hesitate to share it with you.

From here, the builder’s listing agent will likely take over and help you the rest of the way through the process. They will have the most knowledge on the details of the home and be able to make sure you’re kept in the loop throughout the process.

This agent will also be a valuable resource for learning about your new community and the specifics of your new home.

If you feel confident in your negotiating ability, and have researched the process of purchasing a newly built home, you likely don’t need to worry about bringing a realtor past this point.

Realtors can also be helpful with overseeing the home inspection process, recommending financing options and negotiating extras.

The builder’s listing agent can also help you with this.

COLLABORATION AND SUPPORT

Remember, if there is ever a time in the homebuying process where you aren’t certain about something, don’t be afraid to ask for clarification. Realtors and builders have a longstanding unwritten agreement to work collaboratively. In both professions, the main goal should always be ensuring that you understand the process and are happy with your new home.

Carmen Wyton is CEO, Building Industry and Land Development Alberta Association (BILD Alberta), the unified voice for the land development, home building and renovation industry in Alberta. bildalberta.ca

+MORE ADVICE ONLINE nexthome.ca/news/advice

AUG 17 - SEPT 14, 2018 9

INSPIRATION |

style file

INSIDE

Designer Jo Alcorn shares tips to make the inside of your cabin as desirable as the outside LOVING THE LIVING ROOM

When the rain is pouring, or the bugs are buzzing, you want to escape to an indoor retreat. When it comes to creating a cosy cabin living room, remember, seating is a priority. Make sure there is enough room for everyone to sit comfortably. Look for durable, easy-to-clean options. You also need storage. In this space, I included a shelf behind the sofa.

It’s ideal for cottage living: It offers easy storage for throws, board games or great reads. It also doubles as extra counter space when entertaining.

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NextHome.ca

a gorgeous five-ft.-long, woodtopped raw table, a perfect fit for cottage decor, plus it’s longlasting.

CABIN-CAVE

This cabin has access to a walkout basement, a wonderful underused space that was naturally cool because the cabin is built into the Canadian Shield. Instead of covering up the natural rock, I kept it exposed and it became part of the decor. I added a great, durable sofa from Urban Barn (urbanbarn. com), which fit the space perfectly, and side chairs that could be moved around. Again, we selected a raw-edge table to really enhance the cosy ambiance. Accessories were added from Bouclair (bouclair.com) to really top off the woodsy feel.

OUTSIDE ENTERTAINING

BREAKFAST NOOK

Even in this five-by-eight-ft. space, I created a huge impact. The secret was to use every square inch, including the vertical space.

I used amazing artwork from an online store called Posterjack

(posterjack.ca), and I enhanced the feature wall with cottage-inspired decor such as stag heads from HomeSense (homesense.ca). The most important piece of all is the table – it’s where you gather and make lasting memories. I chose

This is where the magic happens.

This cabin had a small concrete slab that was considered a patio. I used EON Deck and Patio Tiles from The Home Depot (homedepot.ca) that the homeowners simply clicked into place. To have a great dinner party, you need a great table; this table from The Home Depot seats six, has a sleek and stunning design, is comfortable for long conversations and fits the space perfectly. The chairs even stack for easy winter storage and have removable bottom cushions.

No outdoor party would be complete without a barbecue.

The homeowners love to cook so I chose this stunning gas grill from Weber (weber.com), which is ideal for entertaining; it has a multitude of features and a fuel gauge so you never run out middinner party.

Jo Alcorn is a design specialist and designer on HGTV’s Home to Win. She has her own furniture collection, signature pillow and dog bed line, and is known for her savvy design concepts. Visit Jo at whitewashco.ca AUG 17 - SEPT 14, 2018 11

WEST END LUXURY LIVING

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Experience expansive luxury in our featured one-bedroom + flex home. Enjoy spacious living and dining areas, engineered hardwood flooring throughout, air-conditioning and a generous walk-through closet that leads to your ensuite bathroom. Plus, each home at Avenue is well equipped with the revolutionary CresseyKitchen™, an open concept design offering seamless functionality from the kitchen to living area.

ONE BEDROOM HOMES STARTING FROM $324,900 TWO-BEDROOM HOMES STARTING FROM $511,900 TOWNHOMES STARTING FROM $618,900 VISIT OUR THREE IN-BUILDING DISPLAY HOMES TODAY For more information, visit AvenueWestEnd.com

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RIV

9 ST SW

5 AVE SW 10 ST SW

BOW

6 AVE SW

SALES CENTRE 102 - 1025 5TH Avenue SW, Calgary Saturday & Sunday 12-5PM, Monday-Wednesday 12-6PM Thursday & Friday by appointment only info@avenuewestend.com | 403-530-8455 The developer reserves the right to modify the information herein without notice.

This is not an offering for sale. E.&O.E.

HOT PROPERTIES / CALGARY AREA

DOWNTOWN

20 Ave Nw 1

6 St Ne

14 St Nw

12

Centre St S

19 S t Nw

Crowchild Trl Nw

Trans Canada Hwy

11

Kensington Rd Nw Memorial Dr Nw

4 6 5

1 Ave Ne 3

11 16

9 Ave Sw w Trl S w Bo 11 Ave Sw

8

9 Ave Se

2

Crowchild Trl S

Sw

NOTE: Please match map numbers with property listings.

BELTLINE 1. SMITH by Grosvenor smith17.com 2. PARK POINT by Qualex Landmark qualex.ca/ParkPoint

BRIDGELAND 3. Bridgeland Crossings II by Gablecraft Homes liveat.bridgelandcrossings.com 4. Radius by Bucci Developments bucci.com/radius/ 5. Steps by Giustini Bridges Inc. 6. Bridgeland Hill by Gablecraft Homes liveatbridgelandhill.gablecrafthomes.ca

4 St Sw

1 6 St S w

19 St Sw

ay 34 Ave Sw Council W

14

NEW HOMES

Macleo d Trail Se

5 St Sw

w

9

7

15

1

17 Ave Sw

10

25 Ave Se

NEW CONDOS

EAST VILLAGE

KENSINGTON

DEVELOPER: CMLC 7. INK by Battistella Developments battistella.ca/ink/ 8. EVOLUTION by Embassy Bosa evolutioncalgary.com 9. VERVE by Fram Building Group framhomes.com 10. N3 Condos by Knightsbridge & Metorpia N3condo.ca

12. EZRA by Birchwood ezraonrileypark.com 13. KENSINGTON by Bucci Developments bucci.com/Kensington/

14. DUKE by Avi Urban aviurban.com

EAU CLAIRE

VICTORIA PARK

11. WATERFRONT by Anthem Properties waterfrontcalgary.com

MISSION

15. GUARDIAN by Hon Towers theguardiancalgary.com

WEST END 16. AVENUE by Grosvenor & Cressey avenuewestend.com

AUG 17 - SEPT 14, 2018 13

CALGARY’S TALLEST RESIDENTIAL TOWERS ARE NOW COMPLETE. TAKE A TOUR.

Experience the height of urban design and join this growing community transforming the Victoria Park neighbourhood.

Imported Italian Armony Cucine cabinetry and professional-grade induction cooktops by AEG

Optimized foorplans and open concept interior design including expansive open-air balconies

Suites starting in the mid $200k’s

Breathtaking views from the tallest residential towers in Calgary

Presentation Centre Developed by Hon Developments.

Prices subject to change without notice. E&EO.

456-12th Avenue SE Tel 403 800 3368 Mon – Thurs 12 – 6PM Sat & Sun 12 – 5PM

theguardiancalgary.com

144 Ave Nw

Ne

ot er fo

vd N

96 Ave Ne

Airport Trail Ne 2

w

Sha

gan

N

72 A ve N e

64 Ave Ne

NEW HOMES

11 St Ne

a p pi Trl Nw

Bl v dN

Centr e S t

NOTE: Please match map numbers with property listings.

100 Ave Ne

Bl

Ha

w

on

Nw

N lvd

gt

Dr Nw

n t r y Hills B

in dd Be

Hi ll

Cou

Barlow Trl Ne

w

w 14 St N

No se

Country Hills Blvd Ne

w

r

N

e

T il N ra

ton mp s D

ddin gto n

Harvest Hi lls

Sarc e

w

row sb wk Ha

Dr

y

D Be

201

Nw

a y Hills W ntr ve o C

w Pan a tella Bl v d N

3

w gepark B lv d N Ed S a rcee Tra il N w

Co untry Hills Bl vd

201

T rl

Symon’s Valle

1

N

Trail NW ney Sto

7 Trail NW ney Sto

Ne

pi nap Tra il ga

4

10

144 Ave Nw

6

15 St Ne

S

ha

8 5

yP kwy Nw

rail Nw eT

37 St Nw

9

d Symon’s Val l ey R

11

Calgary International Airport

McCall Way Ne

144 Ave Nw

2

Centre St N

Range Rd 14

Panorama Rd

NORTH WEST

Queen Elizabeth II Hwy

HOT PROPERTIES / CALGARY AREA

NEW CONDOS

1. EVANSTON

3. SAGE MEADOWS

7. LIVINGSTON

By: Qualico Communities Builders: Broadview, NuVista, Trico Homes, Pacesetter Homes, Sterling Homes, Jayman BUILT The Link by Brookfield Residential Arrive by Partners Developments The Loop by Streetside Developments

By: Genesis Land Development Corp.

Builders: Genesis Builders Group Sage Place by Cardel Lifestyles genesisland.com

4. BEACON HEIGHTS

By: Brookfield Residential Builders: Homes by Avi, Brookfield Residential, Morrison Homes, JaymanBuilt, Cedarglen Homes Maverick by Avi Urban, Daytona Homes brookfieldresidential.com

evanston.qualicocommunitiescalgary.com

By: Intergulf Cidex Builder: Trico Homes, Intergulf Cidex

8. EVANSRIDGE

2. NOLAN HILL

5. SYMONS GATE

By: United Communities Builders: Homes by Avi, Morrison Homes, Shane Homes, Sterling Homes, Trico Homes, Jager Homes, Pacesetter Homes, Creations by Shane Homes Carnaby Heights by Jayman Modus Nolan Park by Cardel Lifestyles nolanhillunited.com

By: Brookfield Residential Builders: Brookfield Residential, Albi Homes, Morrison Homes brookfieldresidential.com

By: Dream Development Builders: DS Homes, Homes by Avi, Genesis Builders Group, Morrison Homes, WestView Builders, Calbridge Homes, Homes by Dream Avira by Jayman Modus lifeontheridge.ca

6. CARRINGTON

9. SHERWOOD

By: Genstar Builders: Excel Homes, Jayman MasterBuilt, Homes by Avi, Arcuri Homes genstar.com/calgary/carrington

Builders: Gablecraft Homes

10. KINCORA Builders: Emerald Sky by Carlisle Group, Diseno by Landmark Homes

11. Q CONDOS Builders: Morrison Homes Multi Family

12. SAGE HILL Builders: Mark 101 by Shane Homes, Sage Hill Park by Brad Remington (Coming Soon)

AUG 17 - SEPT 14, 2018 15

TRENDING

PRICE GROWTH HOME PRICE APPRECIATION EXPECTED TO RISE

While several Alberta cities have seen declines in home prices, Calgary is experiencing a different scenario. Here, home prices have increased and are expected to pick up by the end of the quarter, according to the latest Royal LePage House Price Survey and Market Survey Forecast.

CALGARY: THE FUTURE LOOKS BRIGHT

A number of cities in Alberta have posted year-overyear price declines. When the national mortgage stress test regulations were implemented in January 2018, the region’s tentative housing recovery stalled and the market experienced a setback.

However, in Calgary, home prices are hanging onto recent gains as the employment picture brightens. By the end of the third quarter, the aggregate price of a home in Calgary is expected to match the national forecasted increase of 1.9 per cent to $493,820, compared to the second quarter of 2018.

PRICE APPRECIATION SLOWED ACROSS CANADA

Nationally, home price appreciation slowed in the second quarter of this year, marked primarily by softness in the Greater Toronto Area (GTA), where many regions witnessed year-over-year price declines.

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“It was a spring market that never blossomed,” says Phil Soper, president and CEO, Royal LePage.

“As anticipated in our original 2018 forecast, the new federal mortgage stress-test measures slowed the market to a standstill in much of the country, as some families adjusted their expectations in a world with lower borrowing capacity, and others not impacted by the OSFI regulations moved to the sidelines, adopting a ‘wait and see what happens to home prices’ approach.”

FORECAST: INCREASED SALES AND PRICES IN SECOND HALF

Looking ahead, Royal LePage is projecting an uptick in home price appreciation in Canada in the third quarter, forecasting an aggregate price increase of 1.9 per cent.

“The economy is strong and unemployment is very low,” Soper continues. “We face shortages in our major cities, with many more people looking for homes than the market has available for purchase or rent. Upward pressure on prices will likely return to most markets during the third quarter.”

For more information, visit royallepage.ca

Available From The

290

Plus GST

* Price subjects to change without notice. E&OE.

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Models To Choose From

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AUG 17 - SEPT 14, 2018 17

CELEBRATING SUCCESS

NextHome would like to congratulate the 2018 BILD Alberta Awards finalists

18 NextHome.ca

2018 BILD ALBERTA AWARDS FINALISTS BILD Alberta is pleased to announce the 93 finalists for the first annual BILD Alberta Awards, presented by The Alberta New Home Warranty Program Group of Companies. Award winners will be announced at BILD Alberta’s annual fall conference in Jasper during a special ceremony on Sept. 14, 2018.

“We are excited to recognize members that represent the hard work and innovation happening throughout the land development, home building and renovation industry in Alberta,” says Wendy Jabusch, chair, BILD Alberta. “BILD Alberta represents a diverse industry and is proud to showcase finalists spanning categories from single and multi-family homes to Net Zero, community development, renovation and safety.”

The Awards feature 31 individual categories and five prestigious Pinnacle Awards. The Pinnacle Awards will be presented to the highest-scoring developer, renovator and home builders in the small-volume, large-volume and multi-family categories. Pinnacle Awards are given out based on a demonstration of leadership in design, safety, volunteerism and customer satisfaction.

An astounding 470 submissions came in from across Alberta to compete for the awards. Edmonton region has 46 finalists, followed by Calgary region at 34. Lethbridge has six finalists and Central Alberta region has four finalists in the running for provincial awards.

AUG 17 - SEPT 14, 2018 19

EXISTING COMMUNITY

Sponsored by Christenson Group of Companies

Brookfield Residential | Calgary | Cranstonâ&#x20AC;&#x2122;s Riverstone Brookfield Residential | Edmonton | Lake Summerside Macdonald Development Corp. | Calgary | Watermark at Bearspaw

NEW COMMUNITY DEVELOPMENT Sponsored by Canada Lands Company

Brookfield Residential

Avillia Developments | Edmonton | Salisbury Village Mattamy Homes | Edmonton | Stillwater West Campus Development Trust | Calgary | University District

SHOWHOME PARADE Sponsored by West Campus Development Trust Brookfield Residential | Calgary | Livingston Brookfield Residential | Calgary | Auburn Bay Mattamy Homes | Edmonton | Stillwater

BATHROOM/ENSUITE RENOVATION Sponsored by Superior Trenching

Alair Homes

Aquarian Renovations | Edmonton | Keystone Bathroom Ultimate Homes and Renovations | Calgary | Strathcona Ensuite Transformation Ultimate Homes and Renovations | Calgary | Edgemont Ensuite Renovation

KITCHEN RENOVATION UNDER $100,000

Kon-strux Developments | Calgary | Shades of Seafoam Blue Ultimate Homes and Renovations | Calgary | Edgemont Kitchen Transformation Ultimate Homes and Renovations | Calgary | Varsity Kitchen Renovation

KITCHEN RENOVATION OVER $100,000

Empire Custom Homes | Calgary | Simply Divine Kon-strux Developments | Calgary | Spectacular Scullery Kon-strux Developments | Calgary | Fine-Detail Elegance

Aquarian Renovations

HOME RENOVATION UNDER $500,000 Sponsored by Homes by Avi

Alair Homes | Edmonton | Grandview Heights Alair Homes | Red Deer | Piper Drive Aquarian Renovations | Edmonton | Lake House

HOME RENOVATION OVER $500,000 Sponsored by RBC Royal Bank

Alair Homes | Calgary | Grandvalley Poolhouse Kon-strux Developments | Calgary | Modern Masterpiece StyleLab Developments | Edmonton | Private Residence

RENOVATORS CHOICE

Averton

Sponsored by Built Green Canada

Aquarian Renovations | Edmonton | Steampunk Basement Diamond Valley Custom Homes | Okotoks | Rocky Mountain Oasis Ultimate Homes and Renovations | Calgary | Bonavista Lake Outdoor Living Retreat

NET ZERO

Sponsored by Enviromatics Group

De Waal Developments | Edmonton | Lars De Waal Developments | Edmonton | Wes Habitat Studio | Edmonton | Apollo

SINGLE FAMILY UNDER $300,000

City Homes Master Builder

20 NextHome.ca

Sponsored by Canada Mortgage & Housing Corp.

Homes by Avi | Edmonton | Sheldon Stranville Living | Lethbridge | Graystoke StyleLab Developments | Edmonton | Private Residence

SINGLE FAMILY $300,000 - $325,000 Sponsored by KVR Electric

Homes by Avi | Edmonton | Hopkins Stranville Living | Lethbridge | Graystoke II UrbanAge Homes | Edmonton | Boho

SINGLE FAMILY $325,000 - $350,000 Sponsored by RBC Royal Bank

Art Custom Homes | Edmonton | Mirage III Mattamy Homes | Edmonton | Hickory NuVista Homes | Calgary | Banbury II

Crystal Creek Homes

SINGLE FAMILY $350,000 - $375,000 Sponsored by Huntwood Custom Cabinets Ashcroft Master Builder | Lethbridge | Alfresco Blackstone Homes | Edmonton | New Castle 1B UrbanAge Homes | Edmonton | North Van

SINGLE FAMILY $375,000 - $425,000 Sponsored by CustomerInsight

Ashcroft Master Builder | Lethbridge | Cohen De Waal Developments | Edmonton | Alcmaria StyleLab Developments | Edmonton | Private Residence

Stranville Living

SINGLE FAMILY $425,000 - $475,000 Sponsored by Force Civil Solutions

Morrison Homes | Calgary | Henderson Perry Signature Homes | Edmonton | Vector White Eagle Homes | Edmonton | Iris

SINGLE FAMILY $475,000 - $525,000 Sponsored by Postmedia

Mattamy Homes | Edmonton | Lake Louise StyleLab Developments | Edmonton | Private Residence White Eagle Homes | Edmonton | Sandstone

Empire Custom Homes

SINGLE FAMILY $525,000 - $600,000 Sponsored by Allan Forrest Sales & Points West Marketing Augusta Fine Homes | Edmonton | Blackhawk Larkaun Homes | Red Deer | Legacy Stepper Homes | Calgary | Custom Hampton

ESTATE HOME $600,000 - $800,000 Sponsored by I-XL Masonry

Crystal Creek Homes | Calgary | Custom 2 storey Perry Signature Homes | Edmonton | Donsdale Urban Indigo Fine Homes | Calgary | “Phung”-Shui

Larkaun Homes

ESTATE HOME $800,000 - $1,000,000 Sponsored by NextHome

Alair Homes | Calgary | Colgrove Avenue Infill Alloy Homes | Calgary | East Elbow Park House Perry Signature Homes | Edmonton | Balance

ESTATE HOME OVER $1,000,000 Sponsored by Weiser Pfister

Calbridge Homes | Calgary | Lottery Home in Mahogany Vicky’s Homes | Edmonton | Viena Vleeming Construction | Lacombe | 336 Canal

Diamond Valley Custom Homes

AUG 17 - SEPT 14, 2018 21

Name

MULTI-FAMILY APARTMENT UNIT UNDER $500,000 Sponsored by Shaw Cablesystems

Brookfield Residential | Calgary | Welland Logel Homes | Calgary | Atwood - H1 Logel Homes | Calgary | Jackson - B

MULTI-FAMILY DUPLEX UNDER $350,000 Sponsored by RBC Royal Bank

Mattamy Homes

NuVista Homes | Calgary | Fairview Stepper Homes | Calgary | Weston UrbanAge Homes | Edmonton | OG64

MULTI-FAMILY DUPLEX $350,000 - $500,000 Sponsored by Kaycan

Brookfield Residential | Calgary | Volante Brookfield Residential | Edmonton | Allegro City Homes Master Builder | Edmonton | Agra II

MULTI-FAMILY TOWNHOME UNDER $350,000 Sponsored by Lennox

NuVista Homes

Mattamy Homes | Edmonton | Magrath Mattamy Homes | Edmonton | Cardston Corner Stranville Living | Lethbridge | Block 19 B20 Unit

MULTI-FAMILY TOWNHOME $350,000 - $500,000 Sponsored by Superior Cabinets

Averton | St. Albert | Lincoln Averton | St. Albert | Tilden StreetSide Developments | Calgary | Rosewood 18.0

MULTI-FAMILY UNIT OVER $500,000 Sponsored by Star Mechanical

StyleLab Developments

Averton | St. Albert | Rouge Carrington Communities | Edmonton | Allure Condominiums - Incite Carrington Communities | Edmonton | Allure Condominiums - Charm

SAFETY LEADERSHIP - LARGE VOLUME BUILDER Sponsored by ATCO

Jayman BUILT | Alberta Morrison Homes | Alberta Rohit Group of Companies | Alberta

SAFETY LEADERSHIP - MEDIUM VOLUME BUILDER Sponsored by ATCO

UrbanAge Homes

Homes by Avi | Edmonton Logel Homes | Calgary Mattamy Homes | Edmonton

SAFETY LEADERSHIP - SMALL VOLUME BUILDER Sponsored by ATCO

Kon-strux Developments | Calgary Stranville Living | Lethbridge UrbanAge Homes | Edmonton

SAFETY LEADERSHIP - LARGE VOLUME GENERAL White Eagle Homes

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NextHome.ca

Sponsored by ATCO

A & B Concrete Pumping | Edmonton Bruinâ&#x20AC;&#x2122;s Plumbing & Heating Ltd. | Red Deer Lenbeth Group of Companies | Edmonton

HOT PROPERTIES / CALGARY AREA l

N No rt h

23 St Ne

Centre St S

St S e Trl S e 26

Builders: Vivace by Streetside Developments

wR Bo

l Sw

Blackfoot Trl Se

e

Deerfoot T rl Se

S Rd

Gl e

n more Trl Se

18 St S e

Se

5. EVERGREEN

A

cad

Builders: Sanderson Ridge on Fish Creek

by Telsec

24 St Se

River Bow

Haddon R d Sw

4. WEST SPRINGS

76 Ave Se

Trl oot

Fairm o unt Dr Se

Elbo w Dr Sw

Deer foot

Centre St S

St George's Dr Ne

6 St Ne

14 St Nw

20 St Sw

Se

n de

r Se ia D

Anderson Rd Se 2

6. CURRIE BARRACKS

Se

24 St Sw

Sw

Se

Quee ns l

s Dr

Bo

do ea w

5

and Dr

Se

Ca nyon M

Acadia Dr

37 St Sw

Anderson Rd Se

Woodview Dr Sw

naventure Bo Dr

37 St Sw

MacLeo d Tr

20 St Sw

51 St Sw

Crowchild Trl S

Sarcee Trl Sw

69 St Sw S t Sw 69

mo

Nw wo od

Ch ar les

29 St N w

Westbluff Rd

Dr

45 St Sw

Barlow T r l

66 Ave Se

Heritage Dr

wR

By: Canada Lands Builders: Axess by Slokker Homes

iver

r Se n Meadows D Canyo Par d Se Blv

Jam

nd kla

w 37 S t S Fish Creek Blvd

es McKevitt Rd Sw

Ri v

Se

g Sha wini

er

162 Ave Sw

Se ve 6A 14

Bo w

B ake lvd Midl

Shawnessy Blvd Sw

Sun Valley Blvd

a n Dr S 162 Ave Sw

Spruce Meadows Trl Sw

C

a hap rr a l Dr Se

B

ow

er Riv

194 Ave Sw

Sheriff King St

Range Rd 14

24 St Sw

Pri dd

201

22X

3

Chaparral Blvd

22X

6 St Sw

178 Ave W Marquis Of Lorne Trl Sw 192 St W

is V alley Rd

w

178 Ave W

3. DRESSAGE IN SILVERADO By: Qualico Communities Builders: Baywest Homes, Augusta Home Hunter House by Streetside Developments silveradobyqualico.com

Og

r ive

South land Dr Se

MacLeod Trl Se

14 St Sw

r Sw

Oakfie l

d Dr Sw

Barlow Trail Ne

2

58 Ave Se

Bl a ckf

MacLeod Trl Se

14 St Sw

er D

rE

Rd Se en

24 St Sw

Heritage Dr

Anderson Rd Se

Ne St 19

w

75 Ave Sw

90 Ave Sw

Pa ll i s

River

ckfoot Tr l Se Bla 9A ve Se

25 Ave Se

Glenmore Trail Sw

Southland Dr SW

Memoria lD

Bo w

d Og

rl S eT

58 Ave Sw

70 Ave Sw

GLENMORE RESERVOIR

By: Qualico Communities Builders: Sterling Homes, NuVista Homes, Broadview Homes, Trico Homes calgary.qualicocommunities.com/ crestmont/

8 Ave Ne

42 Ave Se

5 0 A v e Sw

26 St Ne

19 St Ne

Range Road 31

e 1 2 St N

Glenmor

l Ne Tr

46 Ave Sw

66 Ave Sw

Ne ve

Tra il S w

ay Sw 34 Ave Sw Council W 36 Ave Sw 38 Ave Sw 1 6 St S w

on hm Ric

w dS dR

19 St Sw

Gle nm ore

w

6

Macleo d Trail Se

26 Ave Sw

17 Ave Sw

1 Ave Ne

9 Ave Se

4 St Sw

d

nt o n Ed m o

17 Ave Sw

2. CRESTMONT

1

9 Ave Sw w Trl S w Bo 11 Ave Sw

Bow Trl Sw

27 Ave Ne

5 St Sw

17 Ave Sw ba nk R

Trans Canada Hwy

Kensington Rd Nw Memorial Dr Nw

37 St Sw

we rS pr in g

Spruce Dr Sw Bo wT rl S w 8 Ave Sw

Bow Trl Sw

2

32 Ave Ne

4 St Sw

24 Ave Nw

19 S t Nw

4

32 A

40 Ave Nw

20 Ave Nw

Av eN w

By: La Vita Land Builders: Calbridge Homes mysticcalbridge.com

McKnight Blvd NW

1

24 Ave N w

Bow R iver

1 L o tt Cree k Dr

3

1A

Crowchild Trl Nw

85 St Sw

Lo

Home Rd Nw

Old Banff Coach Rd sw

w

32 Ave Nw

1. MYSTIC RIDGE

w

t Nw 0S

1

ch Rd

77 St Sw

Horizon View Rd

p R oad 241

R ive r

wy

C oa

Springbank Rd

8

aH

Nw 40 Ave N

24 St Nw

Banff

Tra n s Can ad

Bo w

rl Nw pi T Shaga n ap

Old

Tow nsh i

W

w

49 St Nw

1

2

Township Road 245

Varsity D r

sN Cre

16 Ave

77 St Nw

Trans Canada Hwy

1 4 St Nw

52 Ave Nw Bow

unt Dr

River

85 St Nw

Bo w

Township Road 250

Elbo w Dr Sw

SOUTH WEST

194 Ave Se

7. BELMONT By: Anthem United Builders: Homes by Avi, Cedarglen Homes, JaymanBUILT, Morrison Homes, Shane Homes, Streetside Developments, Trico Homes belmontcalgary.com

NOTE: Please match map numbers with property listings.

Range Rd 13

Range Road 30

7 210 Ave W

NEW HOMES

210 Ave Se

NEW CONDOS

AUG 17 - SEPT 14, 2018 23

SOUTH EAST

72 Ave Se

76 Ave Se

76 Ave Se Se

52 St Se Av

Se

Se

Quee ns l

Dou g l a sd ale B

Stoney Trail Se

iver

Se lvd

wR

114 Ave Se

52 St Se

Bo

and Dr

Se

130 Ave Se

Se

a k e Blvd Se

t 52 S

Ri v

er

McK e nzie L

Se B

Au bur n

Cr an st

4

Se lvd rn B ay B

194 Ave Se

8

d Se

n Blv

o n Dr S

e

C

r Se ay D

Aubu

1 ow

er Riv

Chaparral Blvd

Sheriff King St

B

e hogany B lvd S Ma

201

52 St Se

6 St Sw a hap rr a l Dr Se

Builders: Calbridge Homes, Morrison Homes, Homes by Avi mahoganyliving.com

d McIvo r Blv

201

22X

Seto

2

3

5. LEGACY By: Westcreek Developments Builders: Carlisle Group, Brad Remington Homes (My Legacy Park), Aldebaran Homes, Shane Homes, Trico Homes, Jayman Built, WestCreek Homes, Trico Homes, Sterling Homes, Stepper Homes, Calbridge Homes, Morrison Homes, and Albi Homes LEGACY GATE by Carlisle Group

LEGACY PARK

Ma

by Brad Remington Homes legacylife.ca

5

6. COPPERFIELD COPPERFIELD PARK by Brad

Dee rfo ot

e

il S

Tra

Trl S

e

od

cle

Range Rd 13

210 Ave Se

By: Hopewell Residential Builders: Jayman BUILT, Hopewell Residential, Homes by Avi, Excel Homes SANDGATE by Hopewell

MAHOGANY ESTATE

Bo w

Se

Sun Valley Blvd

3. WALDEN

4. MAHOGANY

52 St Se

d Se Blv

Se ve 6A 14

130 Ave Se

Deerfoot Trl Se

nd kla

cK enzie Dr S e Mt M

r Se n Meadows D Canyo Par

84 St S e

Acadia Dr

e Se

2

Builders: Albi Homes, Cedarglen Homes, Landmark Homes, Baywest Homes, Calbridge Homes, Brookfield Residential ORIGINS by Streetside Developments livecranston.ca

By: Genstar Builders: Cardel Homes, Excel Homes, Homes by Avi, California Homes, Cedarglen Homes, Rockford Jackson by Avi Urban WALDEN PLACE by Cardel Lifestyles waldenliving.ca

201

Barlow Trl Se

r Se ia D

Anderson Rd Se

naventure Bo Dr

90 Ave Se

24 St Se

A

11 4

B ake lvd Midl

Glenmore Trl Se

84 St Se

River Bow

MacLeod Trl Se

cad

30 St

18 St S e

7

n more Trl Se

Barlow Trl Se

l Se t Tr foo

Fairm o unt Dr Se

Gl e

RIVERSTONE OF CRANSTON

Stoney Trail Se

Bl a c k

Heritage Dr

South land Dr Se

48 St Se

Deerfoot

Bo

HOT PROPERTIES / CALGARY AREA

Remington Homes

CHALET NO. 6 by Hopewell NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

1. AUBURN BAY

2. CRANSTON

By: Brookfield Residential Builders: Brookfield Residential, Cedarglen Homes, Baywest Homes, Jayman BUILT, Albi Homes, Morrison Homes, Discovery Homes AUBURN WALK by Cardel Lifestyles CANOE by Avi Urban REGATTA by Brookfield Residential liveauburnbay.ca

By: Brookfield Residential Builders: Albi Homes, Cardel Homes, Cedarglen Homes, Trico Homes, Morrison Homes, Landmark Homes, Baywest Homes, Brookfield Residential,

24 NextHome.ca

CRANSTON RIDGE

7. QUARRY PARK By: Remington Developments CHAMPAGNE by Remington Developments THE GATES by Remington Developments GLADSTONE by Remington Developments

by Cardel Lifestyles

8. WESTMAN VILLAGE

ZEN CRANSTON

By: Jayman BUILT Builders: Jayman BUILT westmanvillage.com

by Avalon Master Builder brookfieldresidential.com

HOT PROPERTIES / CALGARY AREA

wb oy

Tr ai

l

COCHRANE

6

22

Retreat Rd

1A

ve

Bow Valley Trail 1S tE

22

Centre A

Griffin Rd W

5

Griffin Rd E

w Ri Bo

River Bow

w Co

4

il

ra

yT

bo

Towers Trail

Big Hill Rd

r ve

orge Fo x Tr Ge l

Ave

Riv

er

Fifth

ui

g le

y Dr

Co w boy Trail

2

Q

w Bo

N 4 Ave

1A

Range Rd 40

Horse Creek Rd

Co

Township Rd 262

River Heights D r 3

1

NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

1. FIRESIDE

4. RIVERSONG

By: La Vita Land Builders: Calbridge, Janssen, Kingsmith, Landmark, ReidBuilt Homes firesidecochrane.com

By: Tamani Communities Builders: Jayman BUILT, Trico Homes, THE RISE by Jayman Modus riversongcochrane.com

2. HEARTLAND

5. JUMPING POUND RIDGE

By: Apex Developments Builders: Excel Homes, Jayman BUILT, ROHIT, Pacesetter by Sterling BRAND by Birchwood Properties heartlandcochrane.com

By Slokker Homes jumpingpound.com

3. THE WILLOWS OF RIVER HEIGHTS

6. SUNSET RIDGE BY MELCOR Builders: Excel Homes, Homes by Avi, JaymanBUILT, Landmark Homes

By: La Vita Land Inc. Builders: Janssen Homes, Kingsmith Homes, NuVista Homes and Sterling Homes thewillowscochrane.com

AUG 17 - SEPT 14, 2018 25

ADVICE | KEEHN ON MONEY

PLANNING FOR YOUR FIRST HOME AS RATES RISE

KELLEY KEEHN

We love when things rise in the summer. Temperatures, tides and the voices of kids playing. But one rise Canadians may be feeling stressed about is that of interest rates – especially Canadians who are considering buying a home for the first time.

Jason Heath, a fee-only certified financial planner with Objective Financial Partners Inc., says getting into the market as rates are increasing is a “double-edged sword.” In January, new mortgage rules were introduced and interest rates went up, meaning lower mortgage approval amounts.

“That’s the bad news,” Heath says.

“The good news is, for better or for worse, this helps protect borrowers from themselves. Buyers are less likely to get in over their heads. I think it’s important for potential buyers to get pre-approved so they know how much money lenders are willing to lend them. But then they should take it a step further and figure out what they can reasonably afford based on their existing spending and their future goals.”

IS HOMEOWNERSHIP RIGHT FOR YOU?

Sean Cooper, a mortgage broker and best-selling author of Burn Your Mortgage, wants you to know that “buying a home can be a good long-term investment as long as 26

NextHome.ca

you’re financially and emotionally ready.”

SHOULD YOU FORGET HOMEOWNERSHIP, AND RENT INSTEAD?

Before buying a home, Cooper suggests you ask yourself the following questions:

According to Heath, “Personal finance is personal and you should avoid rules of thumb. Blanket advice like ‘renting is throwing away money’ isn’t always true.

There really is something to be said about a home-sweet-home that is all yours. But buy within your means and buy when it’s a better choice than renting, not just because someone told you renting is a bad idea or that real estate made them rich – maybe they just got lucky.”

• Is my job stable?

• Am I ready to stay put for the next five years?

• Can I afford the ongoing expenses (home insurance, property taxes, repairs and maintenance) that come with homeownership?

If you answered yes to those questions, then Cooper says purchasing a home may make sense – even if rates continue to increase. “Homeownership comes with many benefits, including forced savings, turning your home into an income source by becoming a landlord, and greater freedom and privacy,” he says. “By making sure you’re ready before taking the plunge, you’re more likely to reap the rewards homeownership has to offer.”

Kelley Keehn is a financial literacy advocate who has been on a mission to “make Canadians feel good about money.” She is the author of eight published books and is also a speaker, media personality and consumer advocate for the Financial Planning Standards Council. You can learn more about Kelley at kelleykeehn.com

+MORE ADVICE ONLINE nexthome.ca/news/advice

HOT PROPERTIES / CALGARY AREA

OKOTOKS

HIGH RIVER r

iv e

stal dge Dr Ri

ive

2 Ave Se

r

cLeod Trl S w Ma

St E

12 Ave Sw

88 St E

32

2A

NEW CONDOS

4. HIGH RIVER MONTROSE

By: Bordeaux Developments Builders: Baywest Homes, Sterling Homes, Wolverine Custom Homes okotoksranchersrise.com

By: Dream Development Builder: Lifestyle Homes, Red Door Homes escapethecity.ca

2. DRAKE LANDING

5. HERITAGE POINTE ARTESIA AT HERITAGE POINTE

3. MOUNTAINVIEW By: Apex Developments Builders: Excel Homes, Sterling Homes mountainviewokotoks.com

th D

r

NEW HOMES

1. RANCHERS’ RISE

By: United Communities Builders: Lifestyle Homes, Sterling Homes, Prominent Homes drakeunited.com

2A 4

ei

783

Se 9 A ve

2A

Mont

2A

NOTE: Please match map numbers with property listings.

5 St Ne

Cim a rron D

ood hw Rive r Hig

24 St Ne

370 Ave E

pR

r

Westland St

2

Cry

ee

7

High Coun try Dr N w

R

o

112 St E

Sh

Big Rock Trail

2

Hig

hw

r ive

N Railw ay S t

Milligan Dr

48 St E

R

32 St E

2A

2A

96 St E

M illigan D r

498 Ave

543

od

1

3

Sheep

64 St E

6

By: Heritage Pointe Properties Inc. Builders: Astoria Custom Homes, Albi Homes, Calbridge Homes liveatartesia.com

6. D’ARCY By: Anthem United Builders: Morrison Homes, Pacesetter by Sterling Homes, Trico Homes darcyokotoks.com

AUG 17 - SEPT 14, 2018 27

Small town living made majestic.

D’Arcy Ranch Golf Club, neighbouring D’ARCY.

The wait is over.

Eight new showhomes featuring paired homes from the low $300’s and laned homes from the $370’s – home styles only available in D’ARCY; Okotoks’ newest master planned community.

Find us on the west side of Northridge Drive and Milligan Drive today.

LE ARN MORE AT DARCYOKOTOKS .COM

SHOWHOMES NOW OPEN

HOT PROPERTIES / CALGARY AREA

NORTH EAST

EAST

MCDONALD LAKE

Centre St N

564 144 Ave Nw

144 Ave Nw

12

7 Stoney Trail Ne

W

Stoney Trail Ne

201

201

Reddtone Dr Ne

Calgary

fo o e

Bl

Airport Trail Ne 2

4

9 10 797

Langdon

1

80 Ave Ne

lN

e

22X

Me tis Tra i

Centre St N

N

11 St Ne

Centr e S t

64 Ave Ne

Calgary International Airport

McCall Way Ne

8 8 Ave Ne

1

560

Airport Trail Ne

5

Strathmore 11

Chestermere

201

Metis Trl Ne

100 Ave Ne

96 Ave Ne

72 A ve N e

2

Country Hills Blvd Ne Barlow Trl Ne

vd N

Country Hills Blvd Ne

8

64 Ave Ne

84 St Ne

D

Harvest Hi lls

3

128 Ave Ne

tT

ay

er

y Hills W ntr ve Co

r l Ne

Ne

6

15 St Ne

S

Heritage Pointe

w

NOTE: Please match map numbers with property listings.

NEW HOMES

NEW CONDOS

1. SADDLESTONE

6. LIVINGSTON

By: Genesis Land Development Corp.

Builders: Genesis Builders Group saddlestonecalgary.com

By: Brookfield Residential Builders: Homes by Avi, Brookfield Residential, Morrison Homes, JaymanBuilt, Cedarglen Homes, Daytona Homes MAVERICK by Avi Urban brookfieldresidential.com

2. CORNERSTONE By: Walton Development Builders: Jayman BUILT, Shane Homes, Morrison Homes, Truman Homes, Pacesetter Homes liveatcornerstone.ca

3. REDSTONE By: Qualico Communities Builders: Broadview Homes, NuVista Homes, Pacesetter Homes, Jayman BUILT, Trico Homes, Creations by Shane Homes, Shane Homes (Shane showhome to be built in spring) calgary.qualicocommunities.com/ redstone

7. SKYVIEW RANCH By: Brookfield Residential Builders: Arrive by Partners Developments

8. CHESTERMERE RAINBOW FALLS

By: United Builders: Jager Homes and WestView Builders theranchunited.com

12. LYALTA THE LAKES OF MUIRFIELD Builders: Douglas Homes, Todayâ&#x20AC;&#x2122;s Homes, Ribero Homes and Compass Rose Homes lakesofmuirfield.com

By: Truman Developments Builder: Jager Homes, Lionsworthe Homes, Douglas Homes, ReidBuilt Homes

9. KINNIBURGH

By: Mattamy Homes Builders: Mattamy Homes mattamyhomes.com

By: Pollyco Developments Builders: Stepper Homes, Canterra custom homes, Sterling Homes, Lifestyle Homes, Douglas Homes, Westridge Fine Homes, Broadview Homes, ReidBuilt Homes, Sunstar Homes, Jager Homes

5. SAVANNA IN SADDLE RIDGE

10. LAKEPOINTE

By: Genstar Development Co. Builders: Cardel Homes, Homes by Avi, Excel Homes, Arcuri Homes, Rohit Communities genstar.com/calgary/savanna

By: Mattamy Homes Builder: Mattamy Homes Location: Sales centre 400 Westpark Dr. mattamyhomes.com

4. CITYSCAPE

11. STRATHMORE THE RANCH IN STRATHMORE

AUG 17 - SEPT 14, 2018 29

Saddleridge

McKnight Blvd

Stoney Trail

60 St

88 Ave

52 St

Métis Trail

Country Hills Blvd

HOT PROPERTIES / CALGARY AREA

N

St S e

1

E Lake Blvd Se

Ma in St

8 St Sw

24 St Sw

n Alle

8

7

Yankee Valley Blvd

E

2

Yankee Valley Blvd

3

9

40 Ave Sw

Kingsview Blv

4

dS

e

2

Queen Elizabeth II Hwy

5

8 St Sw

d

567

e

10

6

E Lake Blvd

1 Ave Nw

Main St N

8 St Sw

11

y Queen Elizabeth II Hw

AIRDRIE

NOTE: Please match map numbers with property listings.

7. PIER 11 By: Genesis Land Development Corp.

Builders: Genesis Builder Group pier11airdrie.com

8. MIDTOWN NEW HOMES

NEW CONDOS

By: Wenzel Developments & Apex Developments Builders: Shane Homes, Excel Homes, Trico Homes midtowninairdrie.com

1. BAYSIDE ESTATES

4. HILLCREST

By: Genesis Land Development Corp.

Builders: McKee Homes, ReidBuilt Homes genesisland.com

By: Apex Developments Builders: Excel Homes, Shane Homes, McKee Homes hillcrestairdrie.com

9. THE GATES AT HILLCREST

5. SOUTHWINDS

10. CREEKSIDE CREEKSIDE VILLAGE by Carlisle

2. RAVENSWOOD By: Qualico Builders: NuVista, McKee Homes, Pacesetter, Broadview ZEN RAVENSWOOD by Avalon Master Builder ravenswoodairdrie.com

3. COOPERâ&#x20AC;&#x2122;S CROSSING By: Westmark Holdings Builders: Harder Homes, McKee Homes, NuVista Homes; Emerald New Homes and Douglas Homes cooperscrossing.ca

By: Mattamy Homes Builders: Mattamy Homes mattamyhomes.com/calgary

6. CANALS LANDING By: Genesis Land Development Corp.

Builders: ReidBuilt Homes, Mckee Homes, Crystal Creek Homes, Genesis Builders Group, WestView Builders CANALS by Slokker Homes genesisland.com

By: Mattamy Homes Builder: Mattamy Homes mattamyhome.ca/calgary

Group

11. GEORGETOWN @ Reunion by Slokker Homes

12. VISTA CROSSING IN CROSSFIELD By: Dream Development Builders: McKee Homes, Reidbuilt Homes, Homes by Dream vistacrossing.ca

AUG 17 - SEPT 14, 2018 31

PROPERTY PROFILE

BUYERS LOVE SHANE HOMES’ Families who desire a single-family home at an affordable price and in a newer community with amenities already in place are in love with Shane Homes’ laned product in Hillcrest in Airdrie.

“We’re excited about this new laned product because it is exclusive to Shane Homes and it really offers the last opportunity to buy a single-family detached home in Hillcrest,” says Area Manager Jamie Ivey. “With a limited number available, there is some urgency for buyers who desire a single-family home in Hillcrest.

“And we’re getting a great response from buyers who love the homes because they offer so many desirable features, such as vinyl plank or laminate flooring, nine-ft. ceilings on the main, maple cabinetry, granite/quartz countertops in the kitchen and bathrooms, stainless steel appliances (including 32

NextHome.ca

washer and dryer), front veranda, double detached garage, front landscaping, and legal fees and GST included, all starting in the mid-$300,000s – that’s a great price point.”

PHOTOS: EYMERIC WIDLING PHOTOGRAPHY

LANED PRODUCT IN HILLCREST

+

LOCATION Hillcrest in Airdrie BUILDER Shane Homes HOME TYPE Laned homes

SHOWHOMES 204 Hillcrest Rd. SW, Airdrie

PHOTOS: EYMERIC WIDLING PHOTOGRAPHY

CONTACT Jamie at 403.536.2316

One of the most popular models in Hillcrest is also a showhome – the 1,561-sq.-ft. Sienna, which “offers a spacious open-concept layout and can be easily modified to suit customer needs. That’s one aspect people love – we can customize. In fact, most homes we build here are 1,700- to 1,800-sq.-ft.

“With the Sienna, people are impressed by the galley-style kitchen and its huge island that can easily sit five or six people so it’s great for entertaining,” he says.

“The home offers a well-designed floorplan with the stairs tucked off

to the side so there’s no wasted space and we can add a separate side entrance.”

The Sienna presents an inviting foyer with a half-wall, giving it a private feel while still being open to the spacious, bright front living room.

The central kitchen is the focal point in the home, highlighted by an oversized, granite-topped island with breakfast bar seating and built-in microwave, plenty of cabinets for storage and a handy pantry.

Adjacent to the kitchen is a

sizeable dining nook, and closer to the rear entry are a convenient half bath and a mudroom with a large closet and built-in bench.

Upstairs, the spacious owners’ suite delights buyers by providing room for king-sized furniture and features a large walk-in closet “that is separate from the ensuite, which people like,” Ivey says, “and the ensuite has an over-sized walk-in shower.”

Down the hall is the laundry, with side-by-side washer and dryer, two generously sized secondary bedrooms and a full bathroom.

Shane Homes also has the 1,505-sq.-ft. Verve showhome, and plans to add new models to the line-up, including one with a main-floor owners’ suite and thirdfloor loft that could accommodate a fifth bedroom, as well as a bungalow design.

Hillcrest itself appeals to buyers because of all the established amenities available, including parks, pathways, playgrounds and a new K-8 school under construction. There’s easy access to commuter routes off 8th Street and 40th Avenue, and it’s just minutes from several shopping centres.

For more information, visit the showhomes, open Monday to Thursday from 2 to 8 p.m., and weekends and holidays from noon to 5 p.m. You can also call 403.536.2316 or visit shanehomes.com AUG 17 - SEPT 14, 2018 33

ADVICE | MORTGAGE INTEL

OVERCOMING MORTGAGE AFFORDABILITY HURDLES

ALYSSA FURTADO

Over the last several years, it’s become harder and harder to afford a mortgage in Canada.

Housing prices have gone up substantially in major markets. And even in places where real estate has begun to cool off, prices are still more than double what they were 10 years ago.

To address the massive run-up in prices, governments took steps to protect against a crash. Among the measures were several waves of new rules that made it harder to qualify for a mortgage. The theory is that those who do qualify will have wiggle room in their budgets for when interest rates go up.

These protective measures may be for the greater good, but for homebuyers in Canada, it’s never been harder to afford a mortgage. Fortunately, it’s not an impossible task and there are ways to overcome some of the biggest hurdles to affording a mortgage.

MORTGAGE AFFORDABILITY: THE MAGIC FORMULA

To determine whether you can afford or qualify for a mortgage, lenders use a simple formula called your debt service ratio.

Your debt service ratio is your income divided by all of your housing costs. The total cost of your mortgage (principal and interest), property tax, heating and 50 per cent of condo fees can be no more than 39 per cent of your 34 NextHome.ca

pre-tax income. This is known as your gross debt service ratio.

A separate calculation, your total debt service ratio, adds your other debts, such as credit cards and car loans, to the equation. Your housing costs plus all other debt can be no more than 44 per cent of your income.

These formulae contain the biggest hurdles Canadians have when it comes to affording a mortgage. Let’s look at a key one: INCOME

Your mortgage affordability is a percentage of your income, so making more money should equal approval for a bigger mortgage.

But if making more money were easy, we all would have done it by now. Assuming you can’t go to your boss and demand a massive raise, there are two ways to increase your income: Taking on a side hustle or becoming a landlord.

A side hustle is a part-time gig you do in addition to your normal job. You could work retail on weekends, start freelancing or

start a business. Self-employment income is harder to get credit for on a mortgage application than full-time work, but it may help your case.

The other option is to look for a property with a second unit you can rent out. If the second unit is already tenanted when you buy the home, you can usually count half the rent as income for your mortgage application. There are lots of extra rules when you’re using rental income to qualify for a mortgage, so make sure your realtor and mortgage broker are on the same page about your expectations.

Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards, highinterest savings accounts, chequing accounts, and insurance with the goal to empower Canadians to search smarter and save money.

+MORE ADVICE ONLINE nexthome.ca/news/advice

FIND YOUR PERFECT HOME

TOWNHOMES

SINGLE FAMILY

ROWHOMES

STARTING FROM

STARTING FROM

STARTING FROM

$269,900

$359,900

$334,900

Ranging from 1,307 to 1,949 SQ. FT.

Ranging from 1,408 to 1,622 SQ. FT.

Ranging from 1,395 to 2,207 SQ. FT.

Traditional 2 or 3 bedroom townhomes offer Interiors that feature spacious open floor plans with oversized windows, top quality finishes, and gourmet kitchens with premium stainless steel appliances.

These spacious 3 and 4 bedroom homes, offer country craftsman architecture and interiors designed with families in mind. Every home has a landscaped front yard, large parking pad and unfinished basement; some floor plans also feature an attic space.

These upscale 3 bedroom rowhomes have both front and back yards.

Spacious open floor plans suit entertaining and family life. All rowhomes have a garage and a large unfinished basement; some floor plans also feature a unique attic space.

MOVE-IN SEPT 2018

MOVE-IN READY

MOVE-IN READY

W

NE

305 SOUTHPOINT GREEN SW

(Corner of 40th Avenue SW & Reynolds Gate)

MAIN ST S

403.980.1979

REYNOLDS GATE SW

VESTASOUTHPOINT.COM southpoint@vestaproperties.com

QUEEN ELZABETH II HIGHWAY

40 AVE SW

The developer reserves the absolute right to modify, cancel or extend this offer at any time without prior notice.

Actual interiors, exteriors and views may be noticeably different than what is depicted in photographs. This is not an offering for sale. Any such offering may only be made with the applicable offer to purchase and agreement of sale and disclosure statement. Prices and availability are subject to change without notice. E. & O.E.