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BUILD A HOME IN EDMONTON


Building a home in Edmonton is a great option for those looking to create a custom space tailored to their specific needs and preferences. Edmonton has a wide range of neighbourhoods to choose from, each with its own unique character, and zoning regulations are in place to ensure that new builds are in line with the existing community's aesthetics. It's important to be aware of these regulations and to work with a builder or developer who is familiar with them.

Building a home in Edmonton also offers a number of benefits. It allows buyers to have a say in the layout and design of their home, and to choose the finishes and materials that best suit their style. Additionally, new builds are often more energy-efficient than older homes, which can lead to lower utility bills and more comfortable living spaces. Building a home in Edmonton can also be a smart financial investment, as new builds often appreciate value over time.

New Build Homes For Sale

There are currently many new build homes for sale in Edmonton, with a range of prices and styles to suit different needs. Many new neighbourhoods have new builds options but. it can be hard to locate where these are since they aren't always listed on MLS. These homes are typically listed on real estate websites such as Realtor.ca or Zillow, and can also be found through local real estate agents or builders/developers.

NEW BUILD & NEW CONSTRUCTION RESOURCES

Could I overpay for a brand new home?
You love the show home, you want to build your dream home… but wait, the price seems high compare to homes on MLS. How to you know that you aren’t overpaying? Resale homes have a market value based on what buyers are willing to pay but new home prices are based on build cost and land value. Did you know that those two prices could differ by 10%? It’s important to look at resale home sales in the area of homes that are two years old, that will give you an idea of what your new home will be worth in 2 years.
Do you know who is building your home? What’s their reputation?
You want a company to build your dream home, do you know who is really building your home? Do they have a good reputation? How is their communication? build time? craftsmanship? customer service? This information will be available, you will just need to find it. You can even ask for references from their previous clients or go look at their previous builds. If you would like advise on our favourite builders, reach out to me or someone on our team. Matt Ferguson EXP REALTY www.NewHomePros.ca
Do you need to inspect your builders work?
Should you get a home inspection... after all, it's brand new, what could be wrong?
Make sure you choose the floor plan carefully.
When you’re building your dream home, it’s important to choose the floor plan carefully, some people when they get inside the house for the first time don’t like how the layout is or they don’t like how it feels. They thought they would love the home because they saw it on a Spec sheet but when they’re inside the home, it actually feels very different than what it looked like on pictures or online. Also take into account how you’re going to use the home and what kind of floor plan works best for you and you
Are you thinking about building a home?
We have put together some of the commonly asked questions that we get from buyers when they are considering building a home or buying a brand-new spec home.
What you see isn't always what you get when you build your home
The showhomes are usually loaded with upgrades so don't fall in love with that home or you may be disappointed with the home that you build.
What does your new home warranty cover?
You have a new home warranty but do you know what is covered and for how long?
What upgrades increase the value of the home you build
What upgrades get the best return on investment and which ones get the worst?
Can you negotiate with a builder?
The answer is definitely maybe but perhaps not?!?
Market Watch
Edmonton Residential Stats: Monthly Sales 712 - (Down 21% since last month) 17,000 in 2022 (Down 26% compared to 2021) New Listings 29,000 ( Down 8% compared to 2021) Inventory 3913 Days on Market 55 (49 Days in 2021) Bench Market Single Family Home Price $429,000 (Down 0.6% From 2021)

construction guide edmonton

If you have questions or are ready to begin the process of re-listings your home just complete the form below and a member of our team will be in touch shortly!

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