Chestermere’s New Construction Homes: What to Expect and How to Save
Hearing the words “home building process” could easily send anyone into *panic mode* because of the various steps it entails—ultimately, deterring them from experiencing the unparalleled benefits of new construction homes.
But here’s the good news: With the right team behind you, it does not have to be a stressful process at all. And as a shiny bonus, there are plenty of ways to save on costs throughout the process.
Here at Golden Homes, we’re breaking down the home building process in Alberta, average home building costs, and some smart tips on how to cut back on expenses.
Table of Contents | Chestermere’s New Construction Homes: What to Expect and How to Save
- What Does the Home Building Process in Alberta Look Like?
- Step 1: Pre-Construction Planning
- Step 2: Breaking Ground
- Step 3: Construction Phase
- Step 4: Final Touches
- Step 5: Inspection and Closing
- What is the Cost of Building a House in Alberta?
- Tips on How to Save on The Home Building Process
- Choose the Right Builder
- Keep the Design Simple
- Plan Your Budget Meticulously
- Select Cost-Effective Materials
- Think Long-Term
- Do Some of the Work Yourself
- Time Your Build Right
- Shop Around for Financing
- Keep Your Resale Value in Mind
- Communicate Clearly with Your Builder
- Take Advantage of Builder Incentives
- Regular Site Visits
- The Most Cost-Effective Choice: Opt for Our Chestermere New Homes for Sale
What Does the Home Building Process in Alberta Look Like?
Step 1: Pre-Construction Planning
Lot Selection: Your first step is to find the perfect spot in Chestermere, be it lakeside or in a cozy cul-de-sac.
Design and Blueprints: You’ll then work with architects or a builder to design your home, ensuring it meets local zoning and building codes.
Financing: Secure a construction loan to finance the project—don’t forget to account for a contingency fund!
Permits: Obtain the necessary building permits, ensuring all construction is above board.
Step 2: Breaking Ground
Site Preparation: Clear the lot, and lay the foundations—literally—for your new home.
Pouring the Foundation: Whether a slab, crawl space, or basement, this is the concrete start to your home.
Step 3: Construction Phase
Framing: Watch as the skeleton of your home comes together, shaping rooms and defining spaces.
Mechanical Systems: Electrical wiring, plumbing, and HVAC are installed, the lifeblood of your home’s functionality.
Insulation and Drywall: With walls insulated and drywall up, your house starts to feel like a home.
Interior Finishes: This is where your style shines—flooring, paint, cabinets, countertops, and fixtures.
Step 4: Final Touches
Exterior Work: Siding, roofing, windows, and doors are added, protecting your home from the Alberta elements.
Landscaping: Create an outdoor oasis that complements your beautiful new property
Step 5: Inspection and Closing
Final Inspections: The city will inspect the construction to ensure everything is safe and to code.
Walkthrough: You’ll have a final walkthrough to identify any issues or finishing touches needed.
Closing: Once everything is approved, and any issues are resolved, it’s time to close the deal, get the keys, and finally move into your dream home!
What is the Cost of Building a House in Alberta?
The average Alberta home building costs can vary widely based on factors such as the size of the home, the quality of materials, the complexity of the build, labour costs, the price of land, and the current market conditions.
On average, you’ll need a budget of about CAD $170 to $250 per square foot for your Alberta dream home—more or less depending on your flair for finishes and size specifications.
Chestermere, a city known for its tranquil lake, family-friendly communities, and being a short commute to Calgary, tends to command the upper end of that spectrum. Think CAD $190 to $250 per square foot as your starting block for building new homes in Chestermere. Expenses tend to be higher for custom designs, luxury finishes, or homes with a lake view or other premium features.
Looking for Chestermere new homes for sale? View our Chestermere show homes in the picturesque Kinniburgh South community.
Tips on How to Save on The Home Building Process
The price tag of new construction homes can sometimes be daunting—but there are plenty of ways to cut back on home building costs.
1. Choose the Right Builder
Don’t settle on the first builder you find. Gather quotes from several builders and compare their prices, reputation, and the quality of their work.
2. Keep the Design Simple
Complex designs with lots of angles and unique features can be costly. A simple, straightforward design can be both beautiful and budget-friendly for first time home buyers.
3. Plan Your Budget Meticulously
Always account for unexpected expenses by including a contingency fund in your budget, usually around 10-15%.
4. Select Cost-Effective Materials
Look for materials that offer durability and elegance without breaking the bank. Sometimes, mid-range products provide the best balance between cost and quality.
5. Think Long-Term
Investing in energy-efficient materials and appliances may cost more upfront, but they will save you money in the long run through reduced utility bills.
6. Do Some of the Work Yourself
If you have the skills, consider taking on some of the finishing work yourself, such as painting, installing fixtures, or landscaping.
7. Time Your Build Right
Building during the off-season may secure lower rates from contractors who are less busy.
8. Shop Around for Financing
Some first time home buyers tend to accept the first mortgage offer. Make it a point to shop around for a construction loan that has the best rate and terms for your situation.
9. Keep Your Resale Value in Mind
Focus on upgrades that will increase the home’s value and appeal to future buyers.
10. Communicate Clearly with Your Builder
Changes mid-build can be expensive. Be sure you’re clear on what you want before construction begins to avoid costly alterations.
11. Take Advantage of Builder Incentives
Sometimes builders offer promotions or upgrades as incentives. Keep an eye out for these deals as they can lead to significant savings.
12. Regular Site Visits
Regularly visit the construction site to ensure everything is proceeding as planned, which can help avoid costly mistakes—it pays to see this work of art come to life, piece-by-piece!
The Most Cost-Effective Choice: Opt for Our Chestermere New Homes for Sale
Whether you’re among first time home buyers or a seasoned one, nothing beats a simplified home buying process—and that’s exactly what Golden Homes offers.
As one of the leading builders in Alberta, we embrace innovation and new ideas while maintaining a straightforward approach to planning and construction. Our clients stay informed throughout the home building process—and that’s why it’s everything you want it to be from the very first day you move in.
Whether you opt for one of our quick possession, new homes in Chestermere or want to build custom, we’ll work with you every step of the way to craft a masterpiece that ticks all the boxes.
Talk to us today to find out more about our home buying process for new construction homes or our home building process.
Explore our other blogs for more helpful tips:
- Navigating the Home Buying Process: Tips for First-Time Buyers
- Understanding the True Cost of Building a House in Alberta: A Chestermere Perspective
- Common Mistakes to Avoid as a First Time Home Buyer
- 9 Tips to Choose the Right Home Builder for Your Chestermere Home
- Must-Have Features for Your Custom Home in 2024
