Buying pre-construction in Calgary can be a smart move — but the process is fundamentally different from buying resale. Builder contracts favour the builder, timelines shift, and upgrade costs can spiral. This guide tells you exactly what to expect.
Research the builder's track record — completed projects, construction quality, and reputation for timeline accuracy. Not all Calgary builders are equal. Shanna's builder background means she knows which builders consistently deliver and which to approach carefully.
Premium lots (corner, larger, backing green space) come at a premium price. Compare floor plan layouts carefully — builder renderings are designed to look spacious. Shanna can help you evaluate whether the floor plan actually works for your lifestyle.
Builder contracts are long and heavily favour the builder. Key things to watch: deposit structure, possession date clauses, what counts as a "permitted delay," and upgrade upgrade caps. Have a real estate lawyer review before signing.
The design centre visit is where builders make significant margin. Standard finishes are deliberately basic — upgrades can easily add $50K–$150K to the price. Know your budget limit before you walk in. Shanna can advise on which upgrades add resale value and which don't.
Calgary new builds typically take 8–18 months to complete. Progress updates vary by builder. Don't plan your move-out date around the estimated possession — plan for a delay of 30–90 days as a buffer.
You'll be invited to a walkthrough before possession to identify deficiencies. Bring someone with a trained eye — ideally Shanna, who has walked hundreds of new construction homes and knows exactly what to look for. Document everything in writing.
On possession day you'll do a final walkthrough and receive keys. Alberta New Home Warranty covers: 1 year on materials and labour, 2 years on mechanical systems, 5 years on building envelope, 10 years on structural components. Document any issues within the warranty period.
New homes are subject to 5% GST on the purchase price. This is often not emphasized in builder marketing. On a $700,000 home, that's $35,000 — a significant cost that resale buyers don't face. Budget for it.
Shanna's builder background means she knows exactly what to look for in a builder contract and at a pre-possession walkthrough. Her representation costs you nothing.
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Your multilingual Calgary REALTOR® — serving buyers and sellers across SW and NW Calgary with Sotheby's global platform and personal, trilingual service.
This website is not the official website of Sotheby's International Realty, Inc. Sotheby's International Realty, Inc. does not make any representation or warranty regarding any information, including without limitation its accuracy or completeness, contained on this website. Shanna Lin is a licensed REALTOR® with Sotheby's International Realty Canada. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.