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Christina Ryan, Calgary Herald, Calgary, Alberta: FEBRUARY 16, 2020 - Cameron LaRocque and Morgan Taylor walk their pooch Bindi in the park at Cranston's Riverstone, in Calgary on Sunday, February 16, 2020. Their new home being built by Trico Homes allows the to enjoy the wildlife and nature right outside their door.(Christina Ryan/Calgary Herald) (For Content Works section story by ) Trax#
Trico Homes ‘Garrison’ showhome in Cranston’s Riverstone.
In addition to showhomes, builders construct what are known as ‘spec homes,’ which can be close to being finished or are completely finished.
One advantage for buyers is being able to take quick possession of their homes, bypassing the construction period, which can be upwards of six months, or more, depending on the model.
Another advantage, in many cases, is saving money.
For these reasons, Cameron Larocque and Morgan Taylor bought a Garrison model home from Trico Homes in Cranston’s Riverstone.
“This spec home was on sale. It was honestly a deal we couldn’t pass up,” says Taylor.
The three-bedroom, 2.5-bathroom Garrison floorplan with front single-car garage was one of several move-in ready homes built by Trico in Riverstone. The price on the 1,621-sq.-ft. home had been reduced twice by the builder and Larocque happened to stumble across the listing while browsing on his phone.
“It was in our price range. We just went to the Trico sales centre in Riverstone and said ‘we want to see it,’ ” says Larocque.
If they had to build the home from start to finish, it would have cost another $20,000, says Taylor.
“That’s not something, at least in that area, that we could seriously consider,” she says.
The home, which Trico builds from the low $400,000s in Riverstone, was move-in ready at the end of 2019 and Taylor and Larocque will be taking possession on March 20.
Trico area sales associate, Madison Way, says spec homes or quick-possession homes, are priced very competitively.
“We do this, pricing them to sell,” says Way. “When we receive a new model in our lineup, if we don’t build it as a showhome, we’ll build it as a spec. We usually have at least two in every community where we build.”
Karla Schultz, senior marketing manager with Mattamy Homes, cites a variety of reasons why new home buyers want or need a home in short order.
“Changing family dynamics, relocation, investments or downsizing,” says Schultz. “A spec program is important to have in order to ensure Calgarians have a home ready to go to when they are.”
Mattamy is building in four communities with a variety of single-family homes, duplex and urban townhomes in different stages of construction with 30-, 60- and 90-day possessions available.
“Buyers might still find a great opportunity to personalize their home prior to completion,” says Schultz.
Builders add upgraded features to spec homes based on popular choices made by other buyers. The Garrison purchased by Taylor and Larocque features an upgraded shower in the master bathroom, granite throughout, nine-ft. ceilings and an extended garage for storage.
“It has all hardwood on the main floor, an upgraded light fixture in the dining room and an upgraded fridge, too,” Larocque says.
When looking for a newly built home, always ask your builder about spec homes.
Copyright Postmedia Network Inc., 2020