+ All Categories
Home > Documents > Edmonton Home & Condo Living May 2013

Edmonton Home & Condo Living May 2013

Date post: 11-Mar-2016
Category:
Upload: source-media-group
View: 218 times
Download: 1 times
Share this document with a friend
Description:
 
Popular Tags:
40
Transcript
Page 1: Edmonton Home & Condo Living May 2013
Page 2: Edmonton Home & Condo Living May 2013
Page 3: Edmonton Home & Condo Living May 2013
Page 4: Edmonton Home & Condo Living May 2013
Page 5: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 5

COVER FEaTURE

8 Theshiningcommunity

Natural beauty stars in Melcor’s Aurora

ShOw hOME PROFilE

11 Not-so-hiddengem The Emerald glimmers in

Ambleside in Windermere

COndO PROFilE

15 Carrington’scastle Waterstone winning with buyers seeking quality and location

FEaTURE

18 Talesfrom thecondozone I never thought it would happen to me...

M a y 2 0 1 3 n V O l U M E 5 i S S U E 3 9

CONTENTs

COMMUniTy PROFilE

22 Ittakesavillage Revamped military base

steeped in architecture, history and awards

CiTy COnnECTiOn

26 Makingitpersonal Devon’s new developments

have drawing power

dESign & dÉCOR

31 Freshfindsindesign A few of my favourite things

this season

MaRkET ViEw

38 Timetickingawayforfirst-timehomebuyers

15

8

iTEMS

6 Editor’sMessage33 AroundTown34 Maps37 AdIndex

Page 6: Edmonton Home & Condo Living May 2013

6 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

We introduce a new series this month, Tales from the Condo Zone, by Associate Publisher Jim Zang, featuring some funny fodder about living in condominiums. Check out the first instalment on page 18.

The cover story sheds some light on an up-and-coming community by Melcor Developments in the southeast themed after the Northern Lights, complete with an entrance feature that resembles the natural night sky phenomenon.

Edmonton Home and Condo Living also salutes Awards of Excellence winners in this issue. Check out small-volume Builder of the Year Kimberley Homes’ stunning Emerald show home, a castle in the southwest by Carrington Communities, and a former northeast brownfield getting a new lease on life by Canada Lands Company as a vibrant new community in the city’s northeast.

Rosalyn Lazaruk doles out her always-welcome expert advice this month on her favourite trends for the season, including adding a touch of bling and bringing some art to your walls. And of course, Wes Gunderson offers his usual sage words in Market View, this time urging new homebuyers to get in the game while rates are still affordable for first-timers.

Time is just about up for those of you looking to get a ticket for this year’s Big Sisters Dream Home Lotto, and support the Big Brothers Big Sisters and Boys and Girls Club’s many programs for kids through its annual fundraiser. For details about this year’s winning home in Balmoral Estates in Sherwood Park, which will be drawn for May 17, plus the latest in industry news, turn to my Around Town column.

And our satellite series is back after a hiatus with a feature on one of Edmonton’s bedroom communities: Devon. Rusti Lehay outlines the scores of homebuying options and other well-kept secrets about the town, including an interview with the mayor.

Canadian Home Builders’ Association

P U B l i S h E R

source Media Group [email protected]

a S S O C i a T E P U B l i S h E R

Jim Zang [email protected]

E d i T O R

shelley [email protected]

a R T d i R E C T O R

Jean Faye Rodriguez [email protected]

g R a P h i C d E S i g n E R S

Lama Azhari [email protected]

Dave Macaulay [email protected]

Megan sereda [email protected]

P R O d U C T i O n a d M i n i S T R a T O R

Colleen Leier [email protected]

E d i T O R i a l

Wesley Gunderson, Kate Hamilton,Rosalyn Lazaruk, Rusti Lehay,shelley Williamson, Jim Zang

P h O T O g R a P h y Kate Hamilton, Rusti Lehay, shelley Williamson

d i R E C T O R O F S a l E S

Norma Robertson [email protected]

a d V E R T i S i n g S a l E S

Jennifer Mills [email protected]

a C C O U n T i n g

Donna Roberts [email protected]

d i S T R i B U T E d B y

source Media Group, Media Classified

I s s N 19 1 8 - 4 4 6 8P R I N T E D I N C A N A D A

Copyright 2013 by source Media Group Corp. Material cannot be reprinted in whole or in part without the expressed written

permission of the publishers. source Media Group Corp. agrees to advertise on behalf of the advertiser without responsibility for claims or misinformation made by the advertiser and acts only as an advertising medium. source Media Group reserves the right to

refuse any advertising at its sole discretion.

Edmonton Home & Condo Living™ is published 12 times per annum and is available free through select distribution points in Edmonton

and area. One-year subscriptions are available for $12 in Canada, $48 internationally.

Edmonton Home & Condo Living™ accepts editorial submissions by electronic mail only. Please forward any

submissions including all personal information to: [email protected]. Unsolicited submissions will not be

returned. Advertising information available only by request.

Shelley [email protected]

sOURCE MEDIA GROUP207, 5809 Macleod Trail sW, Calgary, AB T2H 0J9

403.532.3101

EDITOR’s MEssAGE

Mayyourhomedreamscometrue

Follow us on twitter: www.twitter.com/EdmHomeandCondo

Become a fan of Edmonton Home & Condo Living on facebook

Page 7: Edmonton Home & Condo Living May 2013
Page 8: Edmonton Home & Condo Living May 2013

8 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

The shining communiTy

| Advertising cover FeAture |

Natural beauty stars in Melcor’s Aurora

Taking its name from the Latin for a natural light display in the sky (think: aurora borealis), Melcor Developments was mindful to stay true to Aurora’s roots.

The 100-acre community now in its second phase of development south of Ellerslie on 66 Street brings buyers the best of both worlds — a bright, new neighbourhood that feels like it’s always been there.

And when complete, that will include a mix of single-family homes with attached front garages or rear-detached garages, to duplexes, and eventually townhomes and condos. “Aurora is the type of place for everyone because we are offering just about every type of housing,” says Andre Banks, project manager at Melcor Developments, Edmonton South.

New in Aurora is the completion of its much-antici-pated entry feature, which, through a combination of LED lights, will mimic the Northern lights at night.

“We have come to be known as the shining commu-nity,” says Banks. “The whole theme (for Aurora) is the night sky.”

The developer has also taken care to set aside one of the green spaces for a pocket park that will be space themed for the kids, with a plaza for parents to sit and watch children at play on the equipment.

To further bolster the space and planetary theme, an event is planned for May 25 from noon to 5 p.m. in the community, featuring a moving planetarium and speakers from the Telus World of Science, notes Banks.

In terms of housing, Coventry and Bedrock Homes will soon be building duplexes, the latter of which will alternate between attached and rear-detached garages, the latter which can mean more light up front in homes and fewer neighbours than with front-attach garage plans.

Lincolnberg is also crafting single-family rear-detached garage homes (or RPL as they are commonly called) from the mid-$300,000s. Banks says a new builder is also joining the coveted crew of those offering homes in the area, and will be offering single-family RPL homes alongside Lincolnberg.“Trend Homes is going to be debuting in our neighbourhoods,” he says. “We are thrilled to have these guys coming in.”

Meanwhile, new single-family show homes will open this

Page 9: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 9

summer by builders Landmark Homes, Parkwood Master Builder, Coventry Homes and Bedrock Homes, who are crafting move-up abodes with front-attached garages, including some backing onto area amenities such as a pond.

The pond, created in tandem with the University of Alberta, will get its finishing landscaping touches this summer says Banks. Three fountains — which will also be illuminated — add some interest to the water, while a “meandering system” will keep the stormwater running cleaner through natural attenuation.

Multi-use pathways also meander through the area, and will hook up to the other Walker area branches, thanks to an agreement between Melcor and two other developers of neigh-bouring communities, says Banks.

Residents may find themselves sharing the area with some wild neighbours.

“We have lots of geese that consider Aurora home,” explains Banks.

| Advertising cover FeAture |

Townhomes and condominiums will follow the current single-family and duplex homes in the community, though builders have yet to be announced.

“It’s a neighbourhood that can support everybody,” says Banks.Families with young children will love the pocket park set to

open fully this summer or fall for the wee ones, while school-age kids will appreciate two Edmonton Public Schools nearby, one in Summerside and the other to the north of Ellerslie Road. Shopping and services are also close, whether at South Common or Ellerslie, or a future retail and commercial site slated for 50 Street and Ellerslie Road.

Masonry, lots of tree plantings, strong architectural controls, and details like LED streetlights throughout the area keep property value high — and interference with stargazing at a minimum in Aurora.

“We are talking about being able to see the stars; those orange lights just don’t work,” says Banks. n

Fast FactsArea: AuroraDeveloper: Melcor DevelopmentsBuilders: Landmark Homes, Lincolnberg Homes,

Coventry Homes, Parkwood Master Builder, Bedrock Homes, and introducing Trend Homes

Price: Single-family homes from the mid-$300,000s, duplex homes from the low $300,000s

Location: South of Ellerslie Road on 66 StreetHours: Monday to Thursday 3 to 8 p.m.,

weekends noon to 5 p.m.Web: www.auroraedmonton.ca

Residents may find themselves sharing the area with some wild neighbours.

Page 10: Edmonton Home & Condo Living May 2013
Page 11: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 11

If it’s not broken, don’t fix it. That is a principle that can be applied to Kimberley Homes’ shiny new

Ambleside in Windermere show home, which as it turns out, is the same model it replaces: the Emerald.

“I would say the Emerald is one of our best-selling models,” says Amie Brown Azambuja, Kimberley Homes’ area manager.

The 2,334-square-foot two-storey gem is a favourite with those looking to move up from around the city and other professionals new to Edmonton alike, she adds.

From first sights of the gleaming kitchen and two-storey great room designed for entertaining, to a massive mudroom hosting plenty of space for unloading gear and laundry, it’s easy to fall in love with the stunning two-storey design.

Practicality and panache are on the menu for the main floor’s spaces.

Not-so-hiddeN gemThe Emerald glimmers in Ambleside in Windermere

Story and photos by Shelley Williamson

sHOW HOME PROFILE

»

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 11

Page 12: Edmonton Home & Condo Living May 2013

1 2 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

“The pantry has direct access from the mudroom and has a location for a freezer,” explains Brown Azambuja. “It really is a good plan for families.”

Kimberley is not only winning with its homebuyers, it seems, but the company was also named 2013 Builder of the Year, small-volume, in the Canadian Home Builders Association – Edmonton Region’s (CHBA – ER) Awards of Excellence for the fourth time in the last five years.

Brown Azambuja credits the builder’s success with developing a reputation of quality and the trend for buyers to repeat their business with Kimberley homes.

“Most of our customers are referrals or repeat customers,” she says.The Emerald’s upstairs is awash in not just bathroom space for

everyone, but it also shines in terms of sleeping, playing and movie-viewing areas.

Moms and dads get an enviable ensuite, complete with a double sink, oversize shower and soaker tub sized for two, along with a separate water closet — all standards with Kimberley, notes Brown Azambuja.

The Emerald’s upstairs is awash in not just bathroom space for everyone, but it also shines in terms of sleeping, playing and movie-viewing areas.

sHOW HOME PROFILE

Page 13: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 1 3

Kids net their own full bath on the second level and are also sure to feel they have enough elbow room away from parents to stretch out, with a generous 10-foot-by-13-foot and 10-foot-by-14-foot bedroom, each with its own walk-in closet. “They are not your typical nine-foot-by-nine-foot (bedrooms),” she says.

An upstairs media room is the ideal spot for family movies or having friends over.

Buyers of the Emerald model have the choice of three different categories of flexibility, to give buyers options of leaving the home as per the plan, adding a few custom details, or dressing it to the nines. Such is the case with each Kimberley home model, says Brown Azambuja, noting many of the standard features may be considered upgrades with some builders.

The area is winning people over as much as the home itself.“I think the proximity to the river valley is something people

appreciate and the fact that it’s surrounded by other properties,” says Brown Azambuja.

While schools are a close commute already, residents of the neighbourhood should soon have education even closer to front doors.

“We hope the Windermere area will be the next area in terms of need to get a school according to the Edmonton Public School website it should be up next,” says Brown Azambuja.

Just east of Terwillegar Drive and not far from Anthony Henday Drive, access in and out of the community is quick, as is the trip to nearby amenities from movies and shopping to dining and services at the new retail development, the Currents.

Leisure is also a stone’s throw, or a golf swing, away, with Windermere Golf Course and Jagare Ridge Golf Course both a short jaunt away, for example.

“The southwest has always been and is the place to buy, because properties hold their value so well,” says Brown Azambuja. n

Fast FactsBuilder: Kimberley HomesModel: The EmeraldStyle: Two-storey, three-bedroomSize: 2,334 sq. ft.Address: 3695 Allen Dr. in AmblesideHours: Monday to Thursday 2 to 8 p.m., weekends and holidays noon to 5 p.m.Web: www.buildwithkimberley.ca

...access in and out of the community is quick, as is the trip to nearby amenities...

sHOW HOME PROFILE

Page 14: Edmonton Home & Condo Living May 2013
Page 15: Edmonton Home & Condo Living May 2013

condo profile

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 1 5

Driving up to the Waterstone by Carrington Communities feels more like approaching a castle or historic hotel than a new apartment condominium in southwest Edmonton.

“The exterior is something that draws people in. It was influenced by the (Fairmont) Banff Springs Hotel,” explains Jeremy Cleary, project sales manager for the Waterstone. “It is Carrington’s most prestigious building to date.”

Now 70 per cent sold in its second of two buildings, a visit to the MacTaggart Mains site quickly reveals why the project’s flagship building won the 2013 Award of Excellence from the CHBA – Edmonton for best multi-family apartment building.

Carrington’s castleStory and photos by Shelley Williamson

Waterstone winning with buyers seeking quality and location

»

M ay 2 0 1 3   EDMONTON HOME & CONDO L I V ING •  1 5

Page 16: Edmonton Home & Condo Living May 2013

condo profile

1 6 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

Three brand new show suites are now open in the second building to give potential owners a taste of what living at Waterstone is really like, in sizes ranging from 1,033- to 1,270-square-feet.

Despite just 30 per cent of the building being still available, choice aplenty remains in home designs for would-be residents.

“There’s quite a variety,” says Cleary. “We have 25 floor plans in total.”

One-bedroom-and-den, two-bedroom and two-bedroom-and-den floor plans are among choices of available suites, at prices that may surprise — starting at just $279,000.

The location on Maynard Way just off Rabbit Hill Road near a plethora of shopping and services, nestled in a coveted residential area, seems to be a big draw for buyers.

“I think what always appeals to people is the location. It’s an expensive neighbourhood and before this, there just wasn’t a project like this available,” explains Cleary. “Everybody agrees; it’s one of a kind.”

Within the building, a fitness facility, guest suite for visiting out-of-towners, and even a party room that is available for use

by residents with a kitchen, bathroom and billiards area, are added perks with a suite purchase.

That appeals to the empty-nest set, who have so far been most attracted to the project, Cleary says.

“The majority of people walking in are downsizers. They’re looking for a condo but they don’t want to downsize their lifestyle.”

The condo aspect fits in with the Baby Boomer who wants to travel, without the worry of a home’s upkeep while they’re gone, he says. But young professionals have also shown interest in the condominium, especially the one-bedroom-and-den plans, Cleary adds.

Buyers looking to close on

Despite just 30 per cent of the building being still available, choice aplenty remains in home designs for would-be residents.

Page 17: Edmonton Home & Condo Living May 2013

condo profile

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 17

The project also overlooks a manmade lake and features walkways to access trails around it.

Fast FactsBuilder: Carrington CommunitiesProject: The WaterstoneStyle: One-bedroom-and-den, two-bedroom and

two-bedroom-and-den apartment condosSize: Suites range from 900 sq. ft. to 1,500 sq. ft.Price: One-bedroom-and-dens from $279,000,

two-bedrooms from the low $300,000s, and two-bedroom-and-den suites from the $380,000s

Hours: Monday to Thursday 3 p.m. to 8 p.m., weekends and holidays, noon to 5 p.m.

Web: www.carrington.ca

their new address without the wait of new construction times will appreciate the project is within a few months of completion, including landscaping around the courtyard and grounds to further add to its curb appeal.

“People are surprised by what’s included,” notes Cleary, adding hardwood floors, granite countertops, nine- and 10-foot ceilings, double sinks in bathrooms, choices of stain hues on cabinets and stainless appliances are a few of the finishing details that come standard in every Waterstone suite.

“The thing that really sets us apart is the individually controlled heating and cooling in suites,” adds Cleary.

The project also overlooks a manmade lake and features walkways to access trails around it.

For more information about where Carrington or its single-family builder arm, Bedrock Homes, builds, visit www.carrington.ca n

Page 18: Edmonton Home & Condo Living May 2013

1 8 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

If you’ve lived in a condo, or know someone who has, then you’ve probably either seen or heard your fair share of amusing (and maybe some not so amusing) stories about

living in a condominium.Being in charge of Edmonton Home and Condo

Living magazine for the past several years, I’ve heard a few good ones myself. And, of course, a couple of my key industry contacts who have their own condo management companies have heard and seen it all. The names have been changed to protect the guilty, and my sources wish to remain anonymous for both professional and personal reasons, but the stories are, for the most part true.

So, without further ado, here it is, our very first edi-tion of “Tales From the Condo Zone”.

“Where do I start?” says my female condo manager friend. “How about with the condo resident who got caught throwing snowballs at his neighbour’s windows? In full view of the windows of literally dozens of other residents, all of whom recog-nized him.”

Nope, probably not a Mensa candidate.“Or”, she says, “how about the lady who insists

that the hallways in her condo are haunted and wants to do an exorcism?”

tales from the con do zoneI never thought it would happen to me...

There are strange things done in condominiumBy those who toil on the board;The alpha males tell their manly talesAnd the women won’t be ignored;Yes, these meeting nights have seen some sights,But the queerest I ever did seeWas when the condo manager asked “who’s the prez?”And everyone answered “Me”.

(With a tip of the hat to Canadian poet,Robert service)

FEATURE

By Jim Zang

Page 19: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 1 9

tales from the con do zoneNo word on if the ghost has a black pom-

padour haircut and was crooning Love Me Tender but, if you see him, call the Enquirer.

“Another time,” she says, “I got a call about a woman who was sun tanning nude on her deck when the window washers arrived at her building.”

No sure how her tan turned out, but rumour has it her windows were

extra clean.And those are just the stories that are

fit to print!From my old university buddy who now

runs his own condo management company comes the ubiquitous “snakes in a condo” story. Seems somebody was sitting in their living room when, out of the corner of their eye, they see something slither across the floor. Step one: jump up onto the couch. Step two: call the condo board. Step three:

climb higher onto the couch.Of course, when the call comes in, it’s a

doozy. It’s a maneater, for sure. Maybe the size of the snake in the movie Anaconda. At least a 10-footer. The fellow resident accused bringing the snake in? He just

came back from overseas and, gosh darn it, he doesn’t know how it got into his luggage and then escaped once at home in his condo.

The truth, says my buddy, lies somewhere in between. It’s a corn snake. Harmless, unless you’re a mouse. It’s maybe two-feet long from tip to tip. And he knows exactly who brought it in and when, because it’s all on video.

I guess that’s why some condos have bylaws about what kind of pets they allow you to move in with, as can be attested to by another friend whose serpentine roommate, Monty, was the reason his recent attempted condo purchase fell through. Note to animal lovers: check the bylaws first, before you pay for a home inspection.

Another friend, who is the president of her condo board, tells of being awoken every day at 7 a.m. by a flock of pigeons on her deck. They were noisy and left her deck covered in what she describes as “pigeon love”. “Rats with wings”, is how she refers to them. A glance across the back alley into the pigeon coop in the yard of the single-family home across the way left no doubt as to where the birds were coming from. So it was obvious the whole flock wouldn’t be flying south or anything anytime soon. After attempts at shooing them away by yelling and throwing things failed, she called her condo management company for their advice. They called an exterminator who, in turn, suggested the best solution

FEATURE

illustration byainsley ashby-Snyder »

Page 20: Edmonton Home & Condo Living May 2013

2 0 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

There are strange things done in the midnight sunBy the men who moil for gold;The Arctic trails have their secret talesThat would make your blood run cold;The Northern Lights have seen queer sights, But the queerest they ever did seeWas that night on the marge of Lake LebargeI cremated sam McGeeExcerpt from The Cremation of Sam McGee, by Robert service.

was likely a steady hand and a good BB gun. “You might save a little on grocery bills that way too,” he said. Funny, if you’re not a bird lover, but not a practical inner-city solution.

Perhaps the oddest thing to happen, though, she says, was the time a young couple tried to smuggle their newborn into their age restricted (21-plus) condo building. “I don’t know if they thought none of us would notice she wasn’t pregnant anymore or that their baby wouldn’t cry or whatever. I just don’t get that one. I mean, how long did they think they could keep their baby a secret?” Of course the birth announcement in the daily paper, car seat, grocery bags full of baby food and Pampers were dead giveaways. Not to mention the squirming, wriggling bulge under mom’s coat every time she went out or came home. Says my friend, “I guess they really loved that condo.”

Another friend who is the president of his condo board — yes, I seem to know a lot of them — tells the story of a “condo within a condo”. Seems an immigrant family from Hong Kong purchased a unit in a row-housing style townhome. At first, he says, it was just the nuclear family: mom, dad and a couple of kids. Soon, though, he noticed an older couple coming and going. And then another family. And another. And another. What had

happened, he says, is that the townhomes were all connected in the attic — they weren’t partitioned off — and, while other folks were off at work during the day, these would-be condo developers went ahead and turned the entire attic space from one end of the building to the other into living units. Needless to say the prop-er authorities (condo board and condo management company) were called in, the people evicted, and the units disassembled. But, you’ve got to admit, it’s still kind of funny. Believe it, or not.

What about you? What would your condo walls say if they could talk? Tell us your funny condo story and we might just publish it. Send your email addressed to our editor, Shelley Williamson, at [email protected]. n

FEATURE

Page 21: Edmonton Home & Condo Living May 2013
Page 22: Edmonton Home & Condo Living May 2013

2 2 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

it takes a VillageStory by Kate Hamilton | Photos courtesy Canada Lands Company

Great location, inspired architecture, impressive amenities and a unique military theme are just some of the many features that have homebuyers talking about The Village of Griesbach.

The community picked up the award for best subdivision at the Canadian Home Builders’ Association Edmonton Region (CHBA-ER)’s Awards of Excellence last month, and it’s not hard to see why.

Set on 618 acres of land just 12 minutes north of downtown, this established community has a proud legacy and plenty of character.

“It’s unusual for a north Edmonton community to receive an award, but this is not your typical Greenfield project,” says Marvin Neumann, director of real estate for Canada Lands Company. “The site was formerly an army base.”

It’s a community with a history that starts with the progressive closure of the Griesbach Barracks, which took place in the late ’90s. When the land title was transferred to Canada Lands Company in 2003, planning approvals were already in place and residential development in Griesbach commenced immediately. Now, 10 years later, about half of the land parcel has been given a new lease on life.

Upon ultimate build-out, which is expected by 2023, the

COMMUNITY PROFILE

community will be home to nearly 13,000 Edmontonians.The Village at Griesbach features a mixture of residential

uses, from single-family homes to duplexes, townhouses and four-storey apartment condos. Unique zoning, neo-traditional architecture, and a predominance of rear-lane homes provide an emphasis on interesting, pedestrian-friendly streetscapes.

“There are multi-family units scattered throughout the site, they’re not confined to one corner, and we’ve done that on purpose to create more of a community feel,” says Neumann. “And I think we have the best builders in the city.”

Coventry Homes, Dream Homes by Krisner, Greenboro Homes, Homes by Avi, Impact Homes, Pacesetter Homes, Abbey Lane Homes and Christenson Developments are the builders working with Canada Lands Company towards the end goal, with turn-key ready single-family homes, complete with landscaping, garage and fencing, starting from the mid-$350,000s.

But it’s not just about the houses. The community looks great overall, which is a quality that was also recognized with an Award of Excellence, for best development – landscaping and amenities. »

2 2 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

Page 23: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 2 3

Revamped military base steeped in architecture, history and awards

Multi-family housing will be dispersed throughout the community Front-drive single-family home withdouble-attached garage by Homes by Avi

COMMUNITY PROFILE

Page 24: Edmonton Home & Condo Living May 2013

2 4 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

“There’s a huge component of historic legacy, we’re trying to make this a

really unique neighbourhood.”

Much of the community ornamentation in Griesbach honours the site’s military ties

“We spend a lot of time and effort on the landscaping and there’s a lot of focus on walkability,” says Neumann, adding that there are multiple access points to green spaces and trails throughout the community.

In addition to the usual suspects — parks, ponds, playgrounds and trails — the folks behind the scenes have paid huge attention to detail, and much of that goes back to the site’s military ties.

“There’s a huge component of historic legacy,” says Neumann. “We’re trying to make this a really unique neighbourhood.”

He says the early stages of development included the refurbishment of about 80 old private military quarters (PMQs), and the street names and community amenities are all based on historic military figures and events.

For example, Patricia Lake is named after local regiment Princess Patricia’s Canadian Light Infantry (PPCLI), Frezenberg Avenue commemorates battle honours the PPCLI received during the First World War, and Gault Boulevard recognizes Andrew Hamilton Gault, the founder of the PPCLI.

Once complete, the entrance to Flanders Field Park (located on McCrae Avenue in honour of the poem’s author, Lt. Col. John McCrae) will feature a plaque bearing an inscription of In Flanders Fields, steel structures to symbolize the trenches of WWI, and maybe someday even a field of poppies.

“We have several plaques and storyboards out on site to share the history, and it all goes back to getting people out of their vehicles, getting out and walking, having a sense of place and a sense of community for the people that live here,” says Neumann.

Community gardens, a toboggan hill and a hilltop lookout in the heart of Central Hill Park (with a view to downtown) all increase the outdoor appeal for residents and visitors to Griesbach.

Thousands of families from all walks of life have already made Griesbach their home.

“We have some military families, professionals who work downtown, Fort McMurray workers, a wide range of homebuyers because of the variety of housing types,” says Neumann, adding that the brand new K-9 Major General Griesbach School is a big draw since schools are in short supply in many new Edmonton communities.

Located on 97 Street and 137 Avenue, the area is serviced by ETS bus routes, and, in a decade or so, the LRT will have two stops on the doorstep. A walkable commercial site will soon service the area too, but all in keeping with a certain ambience. “Griesbach’s about neighbourhood conveniences. The focus is towards community, not big box stores,” says Neumann.

“And now’s the time to buy,” he says, adding the demand for homes in Griesbach has been strong but he expects the community’s popularity will grow as development progresses. “I think it could get crazy here.” n

Fast FactsArea: The Village at GriesbachDeveloper: Canada Lands CompanyBuilders: Coventry Homes, Dream Homes by Krisner,

Greenboro Homes, Homes by Avi, Impact Homes, Pacesetter Homes, Abbey Lane Homes and Christenson Developments

Styles: Apartment condos, duplex homes, single-family homes, adult villas and executive homes

Prices: From the $350,000sHours: Monday to Thursday, 2p.m. to 8 p.m.,

weekends and holidays, noon to 5 p.m.Location: 97 Street and 137 AvenueWeb: www.villageatgriesbach.com

COMMUNITY PROFILE

2 4 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

Page 25: Edmonton Home & Condo Living May 2013
Page 26: Edmonton Home & Condo Living May 2013

Story and photos by Rusti Lehay

Making it personalDevon’s new developments have drawing power

Those ravines are a key component of Qualico Communities Developments in Devon’s southeast corner. “The Ravines of Devon is one of our nicest pieces of land out of all our communities,” says Camille Garcia, Qualico Communities marketing co-ordina-tor. Flanked by environmental reserve it has Washout Creek and Battery Creek on either side and established trees surrounding the lots. The greenery is akin to Thoreau’s hideaway, yet the Ravines of Devon home-owners can access all amenities within

minutes from their palatial homes on

the large 42- to 48-foot building pockets. (The average single family Edmonton building pocket is 26 – 28 feet wide.)

Another rarity particular to the Ravines of Devon: Qualico keeps their lots open to the public. Garcia says, “We don’t have a select builder group, so anyone can buy a lot and choose their own builder. You rarely have that luxury in Edmonton. You have to go with the builders who own the lots.”

Choose Bzdel, and you have a woman builder building homes for women. She admits, “I’m fussy. I aggravate my workers.” Bzdel’s self-professed pickiness shows. Bank inspec-tors have never seen such attention to detail, she says. If someone wants to find something wrong with her homes, “they have to dig. I build each house as if it’s me moving in.” You have 10 chances left to buy a lot, hire a builder of your choice and move into Qualico’s Ravines of Devon.

If you are feeling drawn to Devon and want something smaller, you can try Fairfax Lane

From the builders to the mayor, Devon casts its spell on you to make it home. Sharon Bzdel, Bzdel Enterprises Ltd., lives in Devon because, “it’s personal. I wasn’t planning on living here.” Certain it is the up and coming Albertan suburban community and place to live, Bzdel enjoys the fantastic walking

paths. “When I bring people into the paths with the river on two sides and ravines on three sides, they say it’s like being in the mountains.”

C I T y C O n n E C T I O n : D E V O n

2 6 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

Page 27: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 2 7

Condos closer to downtown, developed by Alldritt Land Corporation LP. Developing both residential and commercial in Devon over 40 years, Alldritt has a few units and residential lots available now. Alldritt is revitalizing the downtown mall with a complete facelift and adding the commercial develop-ment, SouthPort Common. The future plan is to do a mixed-use development by 2018 with condos over the retail fitting in with the mayor’s plan to maintain the downtown core’s vitality. Watch for Alldritt to develop a quarter section of land for residential use across the highway.

The highway presents complexity, says Mayor Anita Fisher. “Everything has to go under to prepare for the first house and all future development.” Fisher must consider the wetland ecosystem. “The wetlands add another ‘little’ bit of complexity to an already complex issue,” she says. Pondering further, she wonders, “How do you avoid transportation redundancies yet still plan for future external roads and keep Devon’s current main arteries and internal routes intact?”

This big-picture, forward-thinking council is one reason that Qualico Communities, developing in Devon since 2006, likes building here. “The Town’s enthusiasm toward development has made for a partnership type of relationship,” says Garcia. “It gives us the opportunity to offer unique and different product types.” Looking forward to continued success, Qualico can be sure those 10 lots will be snapped up. They are already working towards approving plans to offer more residential land in Devon — clearly a community to watch.

The mayor bears watching too. Passionate for her town, yet as a teen, she was less than happy about leaving Edmonton. Now Fisher says, “I call it home and that isn’t going to change.” Well aware people want homes close to their kids’ schools and their employment nodes, Fisher says, “Devon was the first, though not formally identified as such, Primary Growth Area (PGA) and that comes with a price — increased density.” Those new communities will aspire to maximum density reducing the footprint and negating urban sprawl.

Residents of Devon for 15 years, Karl and Lorraine Poschner enjoy the dense proximity of everything including their two adult children and families who settled nearby. “We’re all within six blocks. We can head out in any direction, avoid the city and walk these trails.”

Like the Poschners, the mayor says, “the majority move here because of family or friends or they grew up here or return to raise their families. Our average age is 34 and average income is $50,000 higher than the provincial average.” Now she also hears people moved because of the “Bike Town” branding, or easy access to all the outdoor opportunities.

To Fisher, the growth plan is all about Devon fitting into the big picture and add to the picture what her residents want for their community. She has adopted her favourite piece of advice from a planner: “Decide what kind of community you want to be and be prepared to stand up for it.” You can believe she will continue to spend her days “making Devon a great place to live” and she will stand up for what you want your town to be. n

“We don’t have a select builder group, so anyone can buy a lot and choose their own builder.”

Page 28: Edmonton Home & Condo Living May 2013

2 8 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

new Community

The Ravines of Devon

Fairfax Lane Condos

developer

Qualico Communities

*Open to buyer’s choice of builder

Alldritt Land Corporation LP

Will build on open or available lots

Builder

Bzdel Enterprise Ltd.

Divinity Custom Homes

Alldrit Homes

Corona custom Projects Inc.

Size Range

1,700 – 2,400 sq. ft

1,700 – 2,000 sq. ft

958 – 1,205 sq. ft

1,400 + sq. ft.

Price Range

$450,000 – $800,000

$600,000 +

$269,900 – $274,900

$$450,000 +

Type

Estate homesbi-level two-storey bungalowTwo-storey walkouts double and triple car garages

Each home differentBuilds to buyer’s specs

Condos & two-storey townhomes

single-family dwelling, single or double attached or detached

Mayor Anita Fisher

What makes Devon so specialMAYOR ANITA FISHER replies, “that is a very long list.” The biggest draw might be location. It is only 20 minutes to West Edmonton Mall, South Edmonton Common or Leduc. The easy access to provincial highway networks and only 10 minutes to the Edmonton International Airport is ideal. “Devon is surrounded on three sides by the North Saskatche-wan River. Our river valley is absolutely spectacular with year-round recreational opportunities.”

Minutes from doorsteps, residents can camp, golf, boat, hike, swim, run, canoe, cross country ski, toboggan, bird watch and Bike Town Alberta is a great place to cycle on 26 km of the community’s paved and unpaved trails. The town already lists 32 major events for 2013. The month’s dozens of choices indicate a vibrant town with something for each one of its 6,361 people. Choose from Zumba, Cards, Aqua-size, Zookinesis (a senior exercise program) — the list goes on and on.

There are many other recreational facilities to enjoy and top notch schools (three public, one Catholic and one Christian) which also offer many extra-curricular activities. The award-winning high school band has created an outstanding reputation both locally and internationally.

Devon residents can utilize the newly renovated hospital, many other health services or join the many vibrant

community groups and organizations. “Our biggest asset is our community spirit and pride,” Fisher says. There’s always something fun and exciting to do in this beautiful small town with a focus on active lifestyles. n

C I T y C O n n E C T I O n : D E V O n

There’s always something fun and exciting to do in this beautiful small town with a focus on active lifestyles.

Page 29: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 2 9

Page 30: Edmonton Home & Condo Living May 2013
Page 31: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 31

I often get asked what my favourite things are currently in design and décor and, believe it or not, it is often a difficult question to answer! As I have mentioned

before, I am quite eclectic in my own taste and my own personal design style really is a little bit of everything. I suppose each season there are a few trends or fresh new ideas that stand out and I can’t wait to incorporate into my home!

all ThaT gliTTERS I have talked about gold being back for a few seasons now,

and you can really see now that it is here to stay. I love mixing metals and all shades of gold. High

Shine, matte, and tarnished antiqued, together or all alone, gold will add warmth to any space.

gET in ShaPES Geometric patterns are another trend that we have seen creeping into out homes over the last few seasons, but this time we are mixing them all together! Stripes, honeycombs, and zigzags, all brought together can create a wonderful linear look.

liFE iMiTaTing aRT Seeing as I am so eclectic in design I love, love, love gallery walls! To me the technique is the greatest way to incorporate all of the art you love into one space. They can grow and grow, from corner to corner and floor

to ceiling. Mix and match frames, children’s creations, original artwork, pop art, stretched fabric, framed wallpaper, mirrors — the list is endless.

By Rosalyn Lazaruk

Keep the pieces hung close together, only giving a few inches between, and as you layer you will see your space come to life with all of the things you love, and trust me, it will keep growing!

The wonderful thing about all three of the trends I am leaning towards this season is how they all work well together. I really think that is the key when incorporating different trends into your home. Think about what you already have, the direction you want the space to go, and how everything works together.

I like tension in a space to create a wow factor and add some personality. By adding a bit of gold, geometrics and an eclectic gallery wall of my favourite things, I think I am on my way to accomplishing just that! Happy Decorating! n

DEsIGN & DÉCOR

A few of my favourite things this season

Fresh finds in design

Designer Rosalyn Lazaruk has been working in design and décor for seven years, and established her own business, Wicket Blue Interiors, in 2004. She has a broad repertoire in designing personal spaces within the home, as well as in implementing intriguing space and design concepts within the commercial setting. Rosalyn is devoted to developing and implementing unique design ideas that reflect the vision and individuality of her clients. To see more of Rosalyn’s design ideas visit www.wicketblue.com.

Page 32: Edmonton Home & Condo Living May 2013
Page 33: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 3 3

By Shelley Williamson

AROUnD TOWn

EDMONTON’S HOuS-ING STARTS went up again in March, to the year’s highest to date at 13,709 units, according to the most recent stats from Canada Mortgage and Housing.

“The trend in total housing starts moved up in March as a result of strong con-struction in both the single-detached and multi-family markets,” explains David Lan, CMHC’s senior market analyst for Edmon-ton. “Housing starts continue to be support-ed by employment growth, net migration, and low mortgage rates,” he says.

To determine the data, CMHC uses a six-month moving average of the season-ally-adjusted annual rates (SAAR) of total starts, as a complement to the monthly housing starts and as a means to account for swings in estimates.

According to the federal housing corpo-ration, the standalone monthly SAAR was 14,863 units in March, compared to 13,624 in February. n

Whole lotto chances to winDREAMERS HAVE A few days left to snap up their tickets for a chance to win grand in the Big Sisters Dream Home Lotto. The cut-off for tickets is May 1 at 11 p.m., with the grand-prize draw in the 25th annual lottery set for May 17.

The top winner will come home to a 3,771-square-foot bungalow built by Avanti Homes and furnished by Christopher Clay-ton Furniture & Design House in Balmoral Estates in Sherwood Park. Features of the palatial $1.4-million prize include two lush levels, including an indoor/outdoor fireplace, designer KitchenCraft culinary space, walk-through pantry to the mud-room and attached garage, and a lower level family room, music area and wet bar.

The three-bedroom, three-and-a-half bath home will come complete with landscaping courtesy of Salisbury Greenhouse. “It’s one of those homes where people feel like they could just pack their tooth-

HOME Program offers a hand up for buyers

City housing starts rise again

THOSE WHO THOuGHT homebuying was out of reach have some help at their fingertips.

The HOME Program is an educational and financial tool that sees builders, mortgage and real estate professionals educate low- to moderate-income would-be homeowners, through the Capital Region Housing Corporation and other partner organizations. The two-part educational sessions are six hours, and those who complete the full sessions may also have down-payment assis-tance available to them of up to $3,000, provided they qualify by having a household income of below $60,000.

Program administrator Karen Sputek says the down-payment program was made possible through the Alberta Real Estate Foun-dation, who back in 2004 donated $50,000, which has been topped

up by participating realtors each year since — allowing more than $1.2 million in down payments for homebuyers in the program.

“Our program is open to anyone purchasing their own home; the only stipulation is it has to be their primary residence,” says Sputek.

To date, the not-for-profit program, which began as a pilot in 2001, includes about 350 volunteers province-wide including those from CMHC, RBC, Homes by Avi, Landmark Homes and Rohit, has assisted more than 1,000 people in buying a home and educated roughly 3,000.

To register for the next sessions, which are free and slated for May 29 and June 1 at the Stanley Milner branch of Edmonton Public Library, visit www.thehomeprogram.ca.

brush and move in,” says Lana Tordoff, marketing manager for the Boys & Girls Clubs Big Brothers Big Sisters, who will benefit from the proceeds of the lottery.

Tordoff says the annual lottery brings in about $1 million of its $6 million budget. The BGCBIGS last year served about 4,800 local kids through initia-tives such as afterschool programs and in-school mentoring, explains Tordoff.

Tickets, which were 80 per cent sold at press time, are $25 each or four for $60 and are available at www.bigbrothershomelottery.org.

Page 34: Edmonton Home & Condo Living May 2013

EDMOnTOn AnD AREA MAP

COnDOS1. Lakeview Estates2. sierras of Inglewood3. Grande- Mission Hill4. Tenor

nEW HOMES1. Northern Lights Estates2. Erin Ridge3. North Ridge4. Tuscany Hills5. The Crossing at River’s Edge6. The Manors of Oakmont7. Regency Heights Estates8. Kingswood9. Greystone Manor10. Pinnacle Ridge Estates11. Riverstone Pointe12. The Banks of sturgeon Valley

COnDOS1. Laredo On The Park2. station 333. stony Village4. Graywood Terrace5. Cedar Brae6. Urbia Place

nEW HOMES1. stony Village2. Brookview3. Graybriar4. The Fairways5. Willow Park6. Lake Westerra7. stellar Homes

COnDOS1. Parkland Village2. Fairway Eight3. Harvest Ridge4. Nova Ridge Villas5. spruce Ridge Manor6. The Pointe7. Kingstreet on Park

nEW HOMES1. Jesperdale2. stoneshire3. Harvest Ridge4. Deer Park Estates5. Hilldowns6. spruce Village7. spruce Ridge8. Hawthorne at Heatherglen9. springate at spruce Ridge10. Legacy Park11. Lakewood

3 4 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

Page 35: Edmonton Home & Condo Living May 2013

nEW HOMES1. Deer Valley2. West Haven3. Bridgeport4. Aspen Creek5. suntree6. Windrose7. southfork8. Tribute9. Meadowiew Park

COnDOS1. Brooklands at Bridgeport2. Ravine Villas3. Urbia Manor4. Urbia Green5. The springs at Bridgeport

COnDOS1. Village Champlain2. Maple Brooks Villas3. La Rose

nEW HOMES1. Village Champlain2. La Rose3. Grandin Park Close4. Notre Dame Estates5. The Lakes

COnDOS1. Riverview Estates2. Fort Gardens3. Walnut Grove

nEW HOMES1. Valley Pointe Estates2. Forest Ridge in West Park3. Westwood Trails4. West Woodlands5. southfort6. southpointe7. sienna

COnDOS1. Pallisades on the Ravine2. strathcona Village3. Crystal Estates4. Axxess5. summerwood Greens6. Maple Ridge & Oak Ridge

nEW HOMES1. strathcona Village2. Aspen Trail3. summerwood4. Lakeland Ridge5. Clarkdale Park6. Foxboro7. Willow Ridge/The Ridge8. sherwood Hill Estates9. Balmoral Heights10. Fountain Creek Estates11. sherwood Golf & Country

Club Estates

COnDOS1. Coventry Homes2. The Village at Beaumont3. Beausjour4. Montrose View5. Giselle Valley Manor

nEW HOMES1. Coloniale Estates2. Montalet3. Citadel Ridge4. Eaglemont Heights5. Montrose Estates6. Westbrook7. Four seasons Estates8. Goudreau Terrace9. Triomphe Estates10. Beaumont Lakes11. Place Chaleureuse12. Beau Val

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 3 5

Page 36: Edmonton Home & Condo Living May 2013

CITy OF EDMOnTOn MAP

InnER CITy

COnDO PROPERTIES1. Aurora2. serenity3. Axio Parkland4. Mosaic Meadows Parkland5. Windermere Village6. Macewan Gardens7. sandstone at Walkers Lake station8. Aspen Meadows9. Meridian Plaza10. The Corners11. Griesbach Wood II12. Griesbach Wood III13. Carlton Villas on the Lake14. Trails of Millcreek15. The University Brownstones16. Century Park17. Hollick Kenyon Pointe18. Evergreen Community19. Maple/Oak Ridge Community20. The Esates of Upper Windermere21. The Ion22. Grand scala23. Heritage Landing24. 12th street station25. Mosaic Town square26. Mosaic summerside27. Axio in Parkland28. stone Pointe29. Aspen Meadows30. Walker Lake Landing31. Rutherford Landing 32. Fox One33. Fuzion

nEW HOME LISTInGS1. Walker Lake Estates2. Lewis Estates3. secord4. Parkland5 The Hamptons6 Copperwood7 south Hamptons8. The Properties of Donsdale9. Cameron Heights10. Terwillegar Towne11. south Terwillegar12. Palisades13. Upper Windermere14. Windermere Ridge15. Ambleside in Windermere16 Rutherford17. Callaghan18. Walker Lakes station19. Lake summerside20. Ellerslie Heights21. Tamarack22. Griesbach23. Fields of summerside24. Allard in Heritage Valley25. Tuscany Hills26. McConachie Landing27. McConachie28. Laurel29. Ravines of Richford30. Trumpeter at Big Lake31. Axio summerside32. Touchmark33. Hawks Ridge at Big Lake34. Woodhaven – Edgemont

LEGEnD

29

shopping Centre

Points ofInterest

Hospitals Colleges/Universities

3 6 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

Page 37: Edmonton Home & Condo Living May 2013

M ay 2 0 1 3 E D M O N T O N H O M E & C O N D O L I V I N G • 37

ADVERTISERS InDEXATB Financial Pages 18-19

www.atb.com

Brookfield Homes Page 29

Mosaic Townhomes www.buildwithbrookfield.com

Carlisle Group Page 21

Elements II www.elementscondos.ca

Hunter Douglas Page 30

www.hunterdouglas.ca

Lincolnberg Homes Page 2-3

www.lincolnberg.com

Melcor Developments Pages 7-9

Aurora www.auroraedmonton.com

Melcor Developments Page 14

Rosenthal www.liverosenthal.com

Sabal Page 39

Woodhaven www.sabalhomes.com

Servus Credit Union Page 32 www.servus.ca

Tamani Communities Page 10

Southfork Leduc www.southforkleduc.ca

Walton Development Page 25

Hawks Ridge www.hawksridge.ca

Walton Development Page 4

McConachie www.mcconachie.ca

Walton Development Page 40

Woodhaven www.woodhavenedgemont.com

Page 38: Edmonton Home & Condo Living May 2013

3 8 • E D M O N T O N H O M E & C O N D O L I V I N G M ay 2 0 1 3

WHEN I SPEAK with first time homebuyers, I get the sense that rising prices are limiting choices and push-ing them out of the market.

Albertans enjoy the most affordable housing in the country due to high incomes and low interest rates. Still, mandatory new home warranty changes, lumber prices and energy code changes are set to push more first-time buyers out of the market.

MandaTORy nEw hOME waRRanTyThe Alberta Government’s New Home Buyer Protection Act will come into effect this fall. And while increased protection for consumers seems like a good idea, it comes at a cost — it will likely triple or quadruple warranty cost for builders, an expense that will ultimately be passed on to buyers.

The average homebuyer who does his or her homework and picks a reputable builder is like-ly to experience minor, if any, warranty issues. For this buyer these are added costs without any added value.

This legislation was driven by the Pen-horwood Condos in Ft. McMurray, found to be structurally unsafe and consequently con-demned. While I empathize with owners’ situations, I am skeptical of a government mandated, one-size-fits-all solution, especially for once-in-a-lifetime-events.

Here’s why: Alberta has had roughly 32,000 housing start over the last few years. If this new act added $1,500 in cost to each of those starts, that is about $48 million more in costs to consumers. Meanwhile, the Penhorwood owners need $35 million to rebuild, once. The $48 million, however, continues to get charged to consumers (at a 32,000 start level with the assumed

Time ticking away for first-time homebuyersincrease in cost of $1,500) in perpetuity. The real win-ners are the warranty and insurance companies.

lUMBER, and SPECiFiCally OSB, PRiCESA key element of wood-frame construction is orient-ed strand board (OSB), which provides sheathing for the roof, walls and floor. Over the past year, a sheet of OSB has gone from $5.99 to $15.99 — more than a 125

per cent increase. The main driver is a u.S. housing recovery increasing demand, which has affected other lumber prices, but not quite as dra-

matically as OSB.What this means is the cost to build a

home today versus last year is thousands of dollars higher.

EnERgy COdE ChangESSlated for adoption later this year or early

in 2014 is the National Energy Code for Buildings (NECB). This may make

homes cheaper to operate, but in-crease the upfront costs to buyers. There are 245 changes that will

improve efficiency requirements by 26 per cent over the old code.

Homes built with the new NECB will be comparable to EnerGuide 80 or BuiltGreen gold-level homes.

What this means is the cost to build homes with the NECB changes will be thousands of dollars higher.

All these changes will continue to push prices and consequently push first-time homebuyers out of the market or limit their choices.

My recommendation is to buy now and capture today’s savings while they last. n

MARKET VIEWby Wesley Gunderson

Wesley Gunderson is Vice President of Finance for Growth Marketing an Edmonton based real estate consultancy firm providing integrated marketing services to its valued clients. Mr. Gunderson has been with the firm since 1997 and actively involved in economic and market research, marketing and product strategy as well as advertising and sales promotion.

Page 39: Edmonton Home & Condo Living May 2013
Page 40: Edmonton Home & Condo Living May 2013

Recommended