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Kirkland Homes' Winter Countdown Event

From December 1, 2018 to January 31, 2019, you can choose up to three upgrade packages when you purchase a home! But hurry, the earlier you buy, the more packages you get!

From December 1 to December 20 get all three available packages; from December 21 to January 13 pick two of the packages; and from January 14 to January 31 pick one package.

We have homes available in Glenridding Ravine, Creekwood, Stewart Greens and The Brickyard (Stony Plain). Our friendly and knowledgeable sales consultants would be happy to help you find your perfect home!

If you purchase a home with the ‘Essential’ specifications, you can choose from these packages:

Finishing Upgrades
Splatter ceiling
Bi-fold doors become passage doors
Electric fireplace

Flooring Upgrades
All go to standard Focus Specification options

Kitchen Upgrades
Quartz countertops in kitchen
Cabinets to ceiling
Upgraded tile backsplash (up to $500)
Two sets of pots and pans drawers


If you purchase a home with the ‘Focus’ specifications, you can choose from these packages:

Finishing Upgrades
Iron rail inserts
Custom walk-in closet (up to $1,000 value)
Blind package
Standard quartz in all bathrooms

Exterior Upgrades
Triple pane windows
10x10 deck

Kitchen Upgrades
Waterfall quartz island
Glass cabinets above fridge
Under cabinet lighting
Two sets of pots and pans drawers
Wine fridge

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Kirkland Homes' Inside Out Event

We want to make it easy for you to move into your new home in Stewart Greens, Creekwood or The Brickyard! When you buy any zero lot line or duplex home in one of these communities, you'll get a package that includes important things you need for the inside and outside of your new home. It's a package valued at $12,500! 

It includes: a standard-size rear deck; landscaping (final grade approval as well as lawn and trees/shrubs as required by the subdivision); a BBQ; and an interior blinds package.

Please note that buyer cannot add this promotion to other promotions, there is no cash discount with promotion and the promotion is not transferable. Visit a Kirkland Homes showhome or call  one of our sales consultants for all the details. Hurry, offer ends on February 28, 2018!

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Changes to Mortgage Lending Guidelines May be on the Horizon

Changes to Mortgage Lending Guidelines May be on the Horizon

Are you thinking of buying a home soon? The federal government has proposed changes to mortgage lending guidelines that may affect you. The changes are aimed at reducing the financial risks associated with Canada's heated housing markets.

Currently, there is a 'stress test' applied to insured mortgages. That rule requires homebuyers with less than a 20% deposit to qualify at the Bank of Canada's posted rate (typically higher than offered rates). The proposed guidelines may also include a similar test for uninsured mortgages, which are loans secured with a deposit of at least 20% on the value of the home. This change could mean that homebuyers will have to show they can afford a 2% increase on the interest rate for which they are approved. According to an example from cbc.ca, a buyer looking to secure a mortgage with 20% down on a $1M home at 3% interest rate would have to prove they could pay up to $4,652 per month instead of the $3,786 on their contract — a difference of $866 per month. This would apply to both variable and fixed-rate mortgages, regardless of term.

These proposed guideline changes were drafted this past July by the Office of the Superintendent of Financial Institutions (OSFI). The public was invited to give feedback on the proposed changed up until August 17. Once OSFI has reviewed the feedback, they will finalize the guidelines and set an effective date for later in 2017. Federally regulated financial institutions would be expected to follow these guidelines once implemented. Though nothing has been announced yet, it might be a good idea to prepare as these changes could make it more difficult to secure a mortgage.

We'll keep an eye on the possible changes. For now, you can get more information from OSFI (link to http://www.osfi-bsif.gc.ca/Eng/osfi-bsif/med/Pages/B20_dft_nr.aspx)

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Your New Home Warranty Coverage 

Your New Home Warranty Coverage

We understand that buying a home is an important decision for you and your family. It’s a huge investment and you want to make sure it’s protected. That’s why every home that Kirkland Homes builds carries a comprehensive warranty through the Alberta New Home Warranty Program (ANHWP).

 
Since Kirkland’s inception in 2009, we’ve been a proud member of the ANHWP. They are Alberta’s largest home warranty provider and have stringent standards for builder membership. ANHWP also works towards improving homebuilder performance, professionalism, responsibility and accountability – the cornerstones of every successful relationship between homebuilders and their customers. 


While Kirkland Homes’ customers have always had ANHWP coverage, it wasn’t until February 2014 – when the Alberta government enacted The New Home Buyer Protection Act – that all new homebuyers were required to receive warranty protection from their homebuilder. According to this legislation:

 

  • Every homebuilder must provide proof of warranty coverage to obtain Alberta building permits.
  • A government-managed registry will provide public access to key dates and specific information about new home warranties.
  • At a minimum, the warranty on each new home whose building permit application was submitted after February 1, 2014, will provide “1-2-5-10” coverage.

This means that any home you purchase from Kirkland Homes includes mandatory warranty coverage of one year for labour and materials, two years for delivery and distribution systems, five years for building envelope protection and 10 years for major structural components (“1-2-5-10” coverage). 


Take a look at this video, which shows the new home warranty coverage you will have over the coming years of home ownership.  

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Checking Your Sump Pump

This is just a friendly reminder from the Kirkland Homes team to check your sump pump!

Edmonton (and area) has experienced a rainy and snow-filled spring. All of this water in the ground means that there's likely to be significant levels of saturation in the soil around your home. Please take a moment to examine your sump pump to ensure it is plugged in and working properly. If it's not functioning, there is the potential for a basement flood.  

Take a look at our short video to see how to inspect your sump pump. If you're not comfortable with performing this task, or if your sump pump requires maintenance, we suggest calling an expert. As homeowners are responsible for the care and upkeep of the home's sump pump, you can use the plumber of your choice. If you need the name of a plumber, Kirkland Homes uses Access Plumbing for sump pump inspections; the cost associated with this service is $117.

 

 

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