Extras, extras!

The shifting popularity of new-build home upgrades

Home command centres, extra-large closets, gyms, secondary suites, energy efficiencies and more – the new-build bells and whistles homebuyers are choosing today are all about convenience.

No matter the size of the home, buyers want products that support a busy lifestyle, says Michelle Jakeman, director of sales and marketing for Calbridge Homes.

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$500,000 – $750,000

Diversity and volume of home options offer something for homebuyers of every stage

There is no such thing as a “typical” home in the $500,000 to $750,000 price range in Calgary’s market today.

“It is more than a starter home, but no mansion,” said Ray Riley, a REALTOR® with RE/MAX First. “It could even be a teardown in a desirable (inner-city) neighbourhood, or a luxury apartment downtown. It just depends on what the buyer is looking for, and where.”

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Betting on Bridgeland

Bucci Developments continues commitment to the community with Radius

Radius has risen in Bridgeland, with less than a year remaining before homeowner occupancy.

And demonstrating its continued faith in the inner-city neighbourhood, builder Bucci Developments is already at work on another proposed mixed-use project.

The roof has been placed on the seven-storey, 201-unit Radius, and cabinets and floorings are now going in, says company vice-president Mike Bucci.

“We took a risk pulling the trigger on construction” during the downturn, he says, but it will be worth it at the end of the day.

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Cutting-edge construction

Home trends from Calgary’s new-build market

Cultural and economic shifts are pushing this year’s housing trend line into both large and small homes in Calgary’s new-build market.

Large-volume builders Homes by Avi and Mattamy Homes are seeing demand for four-bedroom homes in their northern neighbourhoods, as many customers – particularly from Asian or Indo-Canadian backgrounds – seek multi-generational homes.

And where price is key, the shift continues towards attached units like duplexes and townhomes that come without condo fees, as well as smaller, single-family homes without past years’ glitzy upgrades.

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