Home Builders

Realty Glimpse LIVE
Thursday, January 24, 2018
Chris Newbury, Owner & Manager of Unique Home Concepts / Shane Zeyha, REALTOR® with RE/MAX Grande Prairie

 

3:16 Awards Unique Home Concepts has received

4:37 What changes has there been in the Grande Prairie market?

6:34 What do you think the reason is for a decline in new house sales?

9:14 How has the price of building gone up?

10:11 What kind of construction trends are taking place in our market?

11:11 How does Grande Prairie pricing compare to other cities in Alberta?

12:07 lot grading

12:42 How has building codes made houses safer?

14:37 Have tariffs impacted builder costs?

16:02 Has there been a change in the target buyer, perhaps less first-time home buyers? What other market changes have been recognized?

17:37 Has there been a market change in respect to having more spec homes vs. purchasing custom homes – is there a preference to one over the other?

19:20 What warranty is available from a builder, and would the “same” warranty change from one builder to the next?

20:06 How does warranty work at Unique Home Concepts?

26:29 Does a buyer do a property inspection on a new house? If they do, do they have it in the offer as a condition, or do they have the inspection done before the 1-year warranty expires?

29:11 How do I vet a builder? What questions would I ask?

32:20 An example of Unique Home Concepts taking care of one of Mark’s clients

33:46 Am I better to cut out the REALTOR®; will I pay less?

35:42 Are there certain place in town that you would rather build, because of the land?

37:43 How does a deposit for a custom house work? (i.e., a construction draw mortgage, completion mortgage)

40:44 Is there a limiting factor to the product you would build – with the cost of land and all the fees involved, is there a minimum size of house you would have to build for it to be viable, or are there opportunities to build a smaller house with lower end furnishings to make a more affordable product?

43:50 Because the city wants more affordable housing, are there things the city could do to help make housing more affordable (e.g., a $10,500 water meter, lot grading bi-law)?

44:56 How can affordable housing in the new-housing market be achieved?

45:16 With all those market forces at play that are outside of the city’s control, and the city not wanting to compromise the quality of the overall development of the neighbourhood, public space, buildings, why aren’t we seeing changes in housing, like semi-detached? I think semi-detached is the most logical next step in providing new affordable houses and I don’t think we’re seeing much of that… there opportunities to build a smaller house with lower end furnishings to make a more affordable product?

43:50 Because the city wants more affordable housing, are there things the city could do to help make housing more affordable (e.g., a $10,500 water meter, lot grading bi-law)?

44:56 How can affordable housing in the new-housing market be achieved?

45:16 With all those market forces at play that are outside of the city’s control, and the city not wanting to compromise the quality of the overall development of the neighbourhood, public space, buildings, why aren’t we seeing changes in housing, like semi-detached? I think semi-detached is the most logical next step in providing new affordable houses and I don’t think we’re seeing much of that…