Buying A New Build In Central Alberta
Deposits, Alberta's new home warranty, and the walkthrough, for buyers in Blackfalds, Penhold, Red Deer and beyond.
Places like Blackfalds, Penhold and Red Deer's newer neighbourhoods have plenty of new construction. Buying from a builder works a bit differently from a resale, so here's what to know.
Read The Builder Contract Closely
Builder contracts are usually written by the builder, so look at the deposit schedule, what happens if construction is delayed, what's included versus an upgrade, and who handles the lot grading and landscaping.
Have a real estate lawyer review it before you sign, not after.
Alberta's New Home Warranty
New homes in Alberta come with mandatory warranty coverage: one year for labour and materials, two years for delivery and distribution systems like plumbing and electrical, five years for the building envelope, and ten years for major structural parts.
Ask the builder which warranty provider they use, and keep track of the deadlines for reporting issues.
The Walkthrough And Possession
Before possession you'll do a walkthrough with the builder. Bring a list, take photos, and note every scuff, sticky door and missing outlet cover so it's on record.
Lots of buyers still get an independent inspection, even on brand-new homes. A second set of eyes is cheap compared to fixing something later.
Keep Reading
Selling this fall? Five moves that matter in Red Deer
Pricing to the micro-market, timing your listing and presenting for shorter days.
First-Time Buyer Guide For Alberta
The federal programs that help with your first home, and how they fit together in Alberta.
Winterizing Your Central Alberta Home
A simple fall checklist for the furnace, outside taps, sump pump and roof, before the real cold sets in.