Do I have to pay GST on new construction homes in Calgary?

In Alberta, new builds are subject to a 5% federal GST. However, eligible first-time homebuyers can take advantage of the First-Time Home Buyer GST Rebate, which eliminates the 5% GST on new homes and presale condos priced under $1 million.

Are new builds in Calgary covered by a warranty?

Yes! Every new construction home in Calgary is protected by the mandatory Alberta New Home Warranty Program, which provides 1 year for labour/materials, 2 years for delivery systems, 5 years for the building envelope, and 10 years for structural components.

What is a quick possession home in Calgary?

Quick possession homes are brand-new builds that builders have already started or finished. They are move-in ready within a few weeks or months, allowing you to skip the standard 12 to 18-month construction wait time.

Do I need a real estate agent to buy a new home from a builder?

Yes. Builder sales representatives work for the builder, not you. Having your own real estate agent ensures your interests are protected, contracts are reviewed, and you get the best deal, all at no extra cost to you since the builder pays the commission.