Buyer Resources
- Home
- /
- Home Buyer Resources
- /
- 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.
Location
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.
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.
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.
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.
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%.
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.
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.
What Rise Home Owners are Saying
“Our downtown apartment became too small for our needs and all of our toys. We love everything about the west side. It’s the perfect location between downtown and the mountains and has all the amenities only minutes away. We really like the clean, modern look of the community with beautiful homes, parks and pathways and the reasonable price really caught our attention!”
- Axinya and Maxim
“The area was exactly what we were looking for. It is close to our 3 year old’s school. It has numerous parks and walking paths and we liked the idea of being around younger families. The price point really grabbed our attention and we feel we got very good value. The amenities, a family-oriented community and the parks and greenspaces are all things we really enjoy in the neighbourhood. And when I forget my wallet when I go grocery shopping, it’s a quick drive home!”
- Megan and Steve
“We had a friend move into the neighbourhood so we followed on his coattails. We love the location to so many amenities – restaurants, groceries and public transit. The location of The Rise makes for a reduced commute to downtown. It was really nice moving into a community that was already developed. Our home, backing onto a greenspace was a huge win!“
- Kayla and Russell
“We have a growing family and wanted to be in a community that was family-oriented with great schools. It’s rare that you can find a new development in such a great location within the city. We like the greenspace and that there are pathways within the community connecting neighbouring areas. Having groceries and schools right in the community is wonderful!”
- Kesa and Darren
“We have always lived in the west end of Calgary and love the quick commute to our downtown offices, ease of heading to the mountains and all of the amenities the west side has to offer. We wanted to get off a busy street and a useful back yard were specific things we were looking for in our search for a new home. The Rise attracted us because it’s close to our daughter’s school, shopping, Calaway Park and C.O.P and there are two parks on our street!”
- Carla and Robert
“For the first time, our girls can ride their bikes and play outside in our community. We enjoy the sense of peace, and living next to really great neighbours who watch out for each other which we didn’t experience living in the inner city. The stores and restaurants in the area offer a great selection, whether it’s grocery shopping or a night out!”
- Jennifer and Cameron
“We recently got married and living in a condo wasn’t what we wanted for the long-term. We are both very active and love being in the mountains. We wanted our first home to be extremely accessible to the mountains while maintaining easy access to downtown and to all the amenities. Before choosing to move, we knew we wanted to live in a neighbourhood that had a great pathway system connection, transit close by and was within walking distance to a grocery store. The Rise in the West End of Calgary met all of our criteria. It offered a unique opportunity of building the home of our dreams, while working with a great builder.”
- Carolyn and Steve
“We had moved here from Denver and were looking to build rather than buy a resale home. We liked the idea of a new community and growing with the neighbourhood. We really like the access to amenities such as, Springbank rink, COP, Westside Rec Centre, the mountains as well as schools. The access to downtown was non-negotiable and would be very hard to replace. We take a lot of driving trips so quick access to get out of Calgary means so much to us. It is really everything we could ask for.”
*Vik Dhalla is the current West Grove Estates HOA President- Sharan and Vik
“We were initially attracted to The Rise due to the proximity to great amenities that we are accustomed to, currently living downtown. We have been in the Beltline area for the past 7 years, and maintaining our social lifestyle is really important to us as we move out of the core. Being a stones-throw from Mercato, Vin Room and Crave, we will make the transition into “the burbs” that much easier for us. Also, we plan to grow our family so the proximity to the reputable retailers, schools, and established Montessori’s will undoubtedly re-affirm that our choice was the right one.”
- Tiffany and Brad
