New quick possession home for the holidays

By Pepper Rodriguez
November 25, 2024

Christmas is just around the corner, and wouldn’t it be great to spend the Holidays in a brand-new home? No one can blame you if you think November might be a little too late for such dreams – and you might be right if you’re building a home right from scratch, but Edmonton homebuilders certainly offer options that can make this Christmas wish come true.

The answer is of course, a spec home – otherwise termed a quick-possession home. The builder spec home has been a tried-and-true industry standard. These kinds of homes are built before a homebuyer makes a purchase. It is constructed using builder specifications (hence, “spec”) and most are move-in ready or at least available for a quick possession. These homes are perfect for homebuyers on tight deadlines, as they can determine their possession time with more certainty.

“For new homebuyers, choosing a Quick Possession home is the perfect solution if they’re looking for a streamlined process with faster results,” says Tara Van Horn, Director, Marketing & Communications at Coventry Homes and Impact Homes.

“These homes are expertly designed and constructed to be move-in ready, which removes much of the decision-making stress from the homebuilding journey,” she adds. “Additionally, Quick Possession homes showcase some of our most popular layouts and designs, allowing buyers to enjoy a new, high-quality home without waiting for months of construction. It’s truly a great way to enjoy all the benefits of a brand-new home sooner.”

Michael Halak, Marketing Specialist at Homes by Avi, says quick possession homes are the best bet for tight timelines.

“Quick possession homes are ideal for buyers who need to move quickly or want to avoid the lengthy process of building from scratch. They come with professionally selected finishes, ensuring a stylish, high-quality home without the stress of decision-making,” he says.

Spec home advantage

But what is the difference between building a home of your own from scratch or buying a pre-made one? Turns out there really isn’t much.

Both are new homes that no one has lived in before. The main difference is the time of possession. Building a new home can require a lot of patience. It can take as long as 10 months (sometimes longer) to move into a pre-sale home, and not everyone has the luxury to wait that long. Homebuilders offer spec homes as a perfect solution to the timing problem buyers may have. This also allows builders to keep their team of tradespersons employed and busy.

For Van Horn, the main advantage of a spec home is the faster timeline in getting possession of the home. “Spec homes offer a fantastic opportunity for new homebuyers who are looking to move quickly without compromising on quality,” she says.

“The price of a spec home generally reflects the high-quality finishes and popular features that our designers have carefully selected. While the cost may be comparable to a pre-sale home, the real benefit lies in the convenience of moving in sooner and knowing your home is professionally curated with finishes that suit today’s trends and standards.”

Van Horn also notes that Coventry Homes’ spec homes are available from the high $400’s to the low $700’s and everything in between.

“The average cost of a spec home can vary widely based on location, size, and features, but generally, they are competitively priced within the market. At Coventry Homes, our spec homes are priced to provide exceptional value, ensuring you get a beautiful, high-quality home at a great price,” she notes.

Additional deals

Halak says besides the quick turnaround to moving in there’s additional deals buyers can benefit from in buying a quick possession home.

“Buyers can move into one of our Quick Possession homes in as little as two weeks after purchase. The timeline largely depends on how quickly financing and legal processes are completed, making it one of the fastest ways to start enjoying a new home,” he says.

“Additionally, our Move-In Ready homes in Marquis West come with FREE landscaping, six brand-new appliances, window blinds, and a moving concierge service to simplify your move.”

Fast track process

Coventry Homes and Impact Homes have quick possession homes to fit almost any timeline. “For homeowners that are looking to settle in before the Holidays, we have several Quick Possessions that are available for possession immediately in communities across the city.”

Van Horn says Coventry Homes actually can give buyers a more streamlined process through their “Fast Track” lines of Quick Possession homes. “Our Pointe specification line for Coventry and Essential line for Impact, are modeled to not only be our most streamlined build time, but also offer our new home buyers some of the most competitive pricing in the Quick Possession market,” she says.

They also offer spec homes that allow for a longer period to possession, and those buyers can get the extra benefit of personalizing some aspects of the design. “As a customizable home builder, we allow custom changes, even to our Quick Possession homes, when possible. New home buyers can work with our Area Sales Managers to customize Quick Possession homes that are early in their build process, to fit their style and lifestyle.”

Buyers can be assured thought that they are getting the builder’s best-selling specifications in every spec home build.

“When purchasing a Quick Possession home, buyers receive a high-quality, professionally designed home that’s ready to enjoy. Our team carefully curates every element, from floor plans to finishes, ensuring that each home aligns with today’s trends and functional needs. With Coventry, buyers know they’re getting a home built to our standards for quality, durability, and style.”

In any part of the city

In Edmonton, spec homes from Coventry Homes and Impact Homes can be found in most of the exciting new communities they build in.

“We currently have at least one Quick Possession home in almost every one of the communities we build in, in the Greater Edmonton Area- many of which are available to move in before the Holidays,” Van Horn says.

Coventry and Impact together, build in approximately 20 communities in the Greater Edmonton Area. From well-established communities like Crystallina Nera, West Secord and Riverside in St. Albert, to the newest communities including Rosemont, Marquis, Marquis West and Easton in Spruce Grove – and pretty much everything in between! “We build Quick Possession in all of our communities to ensure new home buyers have all of the options to choose from,” she adds.

Find out more about Coventry Homes’ quick possession homes at coventryhomes.ca.

Carefully chosen communities

Homes by Avi offers quickpossession homes across eight Edmonton and area communities, including Marquis West, Rosenthal, The Uplands, Rivers Edge, The Orchards, Riverside in St. Albert, Elan in Beaumont, and Southfork in Leduc. “These neighborhoods are carefully chosen to offer great amenities, green spaces, and connectivity,” Halak says.

“We offer a variety of home styles to suit different needs, including Laned and Front Drive Single-Family homes and Bungalow Villas. Whether you’re a growing family or someone looking to downsize, we have options available in a range of layouts and designs.”

He adds that Homes by Avis’ laned homes start from the mid $400s, with front drive homes starting from the low $500s, offering a range of options for different budgets. “With thoughtfully designed homes in desirable communities, there’s never been a better time to move into a home built for your lifestyle.”

For more information on Homes by Avi’s quick possession homes, go to homesbyavi.com

About Pepper Rodriguez

Pepper Rodriguez is a writer, editor of New Home + Condo Guide's Calgary and Edmonton editions.

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