Buyer Resources

Buyer Resources

Whether you are a first new home buyer, upsizing, downsizing or considering a lateral move, here are some tools to consider along your home-buying journey so you can maximize your budget and purchase your ideal family home at The Rise at Westgrove Estates.


One of the biggest considerations in your home buying journey is location. Whether you are looking for your dream home in one of the most spacious and sought-after neighbourhoods in Calgary, purchasing a rental property, have mobility concerns and require immediate proximity to amenities and transit, or looking for a beautiful natural area with quick passage out to the Rocky Mountains, the neighbourhood of West Springs in southwest Calgary has it all. Enjoy spacious greenspaces, top-rated schools and area recreation that are simply second to none.

Partnership with Your Builder

Often times, your builder will offer purchase incentives in the form of rebates, concessions, referral promotions and other advantages such as home planner and interior designer assistance. These resources can save you money and assist in calculating a needs assessment when in the home buying stage and beyond.

Mortgage Calculator

Before deciding on the lot and floorplan of your new home, it is a good idea to know when you where you stand financially. This will help balance what is feasible for your family with your new home buying options. 

The first step is to determine your budget - what is your maximum purchase price and can you comfortably make the monthly mortgage payments and other expenses?

Use our mortgage calculator to determine your financial standing. You can calculate things like your total monthly expenses, payment size and payment frequency, outstanding balances, interest rates and more.

Mortgage Calculator

Seek the Help of a Financial Expert

Once you have determined your fiscal position based on information from the mortgage calculator, it is a good idea to consult a personal banker or financial planner who can assist you. They can:

  • Help you determine your credit score
  • List out your current monthly assets and liabilities
  • Understand what additional expenses are required with home buying
  • Talk to you about mortgage qualifying, taxes and insurance
  • Pre-approve you for a mortgage 

All of which will help determine a solid budget and a strong financial plan. 

Buying Incentives

Home Buyers' Tax Credit (HBTC)

The THBTC is non-refundable tax credit that allows new homeowners to recover legal expenses, home inspections, or any other closing costs. First time buyers can claim up to $5,000 towards the purchase of their new home. 

Learn More

Alberta New Home Warranty 

The Alberta New Home Warranty was created to protect new home owners and improve performance and professionalism within the homebuilding industry. Our builders, Brookfield Residential and Cedarglen Homes are full members of this program so you can rest assured that your new home, and your finances, are fully protected throughout the home building process.

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RRSP Home Buyer's Plan (HBP)

The Government of Canada offers the HBP, a program that allows first time home buyers the ability to borrow $25,000 from their Registered Retirement Savings Plan (RRSP). This can vastly help secure a down payment towards your first home purchase.  

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Goods and Services Tax Credit

The Goods and Services Tax Credit is available to first-time home buyers. Alberta and Canadian and Alberta residents are eligible for a rebate for up to 5%.

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CMHC Green Home

If you purchase a Calgary new home using CHMC financing, you could receive up to a 15% rebate when you build a home to Energy Star Standards or 25% to R-2000 building standards. Check with your builder for more details. 

Learn More

Contact Us!

Once you have a solid grasp of your financial position based on all the considerations above, it is time to go shopping at The Rise at Westgrove Estates in West Springs!

Our builder partners, Brookfield Residential and Cedarglen Homes are here to assist you every step of the way. Come and view our showhomes and talk with our experienced staff who can help you make your new home dreams a reality.

Find Us   Let's Talk


What Rise Home Owners are Saying


Quick possession and affordable semi-estate homes meticulously crafted by award-winning builders.  Our homes represent the highest quality and elegance expected "on the hill" in the prestigious SW community of West Springs.

Contact Us To Request A Tour and Start The Process of Finding Your Dream Home

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