March 2014 | Issue 171

Blurred lines

A lot of things have already happened in the new home market in Calgary in the first three months of the year.

For one, the New Home Warranty Act has been legislated and started to take effect on February 1. Another developing story is Calgary City Council’s approval of a recycling program to cover condominiums, townhomes and other multi-family developments. Learn more about these developments in this issue’s Around Town section.

All indicators point to that in 2014, as you can read in my market overview piece in this issue. But the road beyond that seems strewn with obstacles. New home builders we’ve spoken to for the feature all expressed concern about a coming land crunch that could very well spike prices of new homes. Nobody wants that, but it seems that unless The City and the home builders resolve their issues on how to manage the city’s growth — this may just be what we’re headed for.

Also in this issue, we feature Stonecroft in Auburn Bay, which has found just the right niche of affordability and style to match with the idyllic lakeside living found in this southeast neighbourhood. We also have The Guardian high-rise that seems to soar above all the rest in terms of contemporary stylishness of its suites. ZEN Auburn Bay presents townhome living with the celebrity imprimatur of Mike Holmes (it’s part of the Holmes Approved Homes program), RiverReach by Jayman MasterBUILT in Riversong presents a new kind of townhome grandeur in Cochrane, and the Landings at Cougar Ridge by Statesman is down to its final few distinct villas that may just be the best in the west side of Calgary.

I would also like to welcome on board David Crosson, the owner of Barbarian Designs, who will be our regular design contributor, his inaugural feature on bathrooms has just the kind of conversational tone in explaining design creativity, which I’m sure readers will enjoy and learn from. We also have Kathy McCormick’s story on the growing popularity of hot tubs in Calgary, and Janine Workman also gives us a bird’s eye view of the attainable home situation in the city.

Condo starts are expected to hit a high in 2014, which bodes well for the buyers, but that doesn’t mean there aren’t challenges ahead. But you can be sure that it’s something Condo Living will be keeping an eye on in the year ahead.

In This Issue

Marked for success

Marked for success

Auburn Bay is one of the hottest real estate locations right now, with a multitude…

Read more about Marked for success

Take me to the river

Take me to the river

With the Bow River at its feet and majestic views of the Rocky Mountains behind…

Read more about Take me to the river

Westside lifestyle

Westside lifestyle

Calgary can’t get enough of the villa lifestyle. They are in so high-demand that there…

Read more about Westside lifestyle

An English sunset

An English sunset

At the intersection of all things desirable in southeast Calgary, the vibrant Brookfield Residential community…

Read more about An English sunset


Condo Living Insider

Grand Openings, Magazine Previews & More...