Timing is everything in life, especially when buying a new home. Not everyone has the time to wait ten months for their dream home to be finished, that’s why the quick possession home is such an integral part of the new home business.

The catch has been that the last few years had seen such a high demand for quick possession homes that not many homebuilders have been able to keep up. But Jayman BUILT – with its expertise and well-established practices – has not only been able to keep a stable inventory of spec homes throughout but can even get a buyer into a new home for the New Year.

The quick possession or builder spec home is a tried-and-true industry standard. A spec home is industry speak for a home that is 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. They are at most times the best option for a buyer who has a limited amount of time before they need to move in.

“With a move-in ready or quick possession home, you have a shorter build time and can get in quicker. Either the home is ready or nearing completion,” says Michael Klassen, Sales Manager, Jayman BUILT.

“Spec home buyers also get the benefit of one of our professional interior designers having selected the colour palette and finishings in your home, so you know it is going to be stunning!”

Another advantage is that these homes can allow buyers a better mortgage rate. “Purchasing a quick possession home allows the purchaser to lock in their mortgage rate quicker, eliminating the risk of increasing interest rates,” Klassen says.

Jayman BUILT has over 50 quick possession homes available in Calgary. “This includes our pre-planned spec homes, which do still have a quick possession move-in date, within six months, but is not yet a home under construction. This option is great for our customers, as they are our most popular models and most popular options with professionally curated colour palettes, across all the communities we build in.”

Jayman BUILT does have approximately five homes that are available to move in before the end of this year, he points out.

“We have Seton Street Towns starting in the $480’s, Laned homes starting in the $480’s and front attached garage homes available from the $640’s. All prices include home, lot and GST,” he says.

Not all builders can offer a constant supply of quick possession homes as it requires a steady supply of construction materials not to mention a good relationship with trades. Through Jayman BUILT’s 40 years of experience, they have been able to build strong relationships with trades, and can buy supplies in bulk, which has sheltered them from some of the supply chain challenges.

“At Jayman, we have a consistent number of homes flowing through our office and field. We ensure that a portion of the homes started each month address the need for available home inventory whenever possible. We are seeing an influx of interest in quick possession homes and with that have modified our production to support the market.”

Klassen says whether buying a quick possession home or a pre-sale home (essentially one designed from scratch), the advantages of owning a new home no one has lived in before are enormous, especially if it’s a Jayman home.

“A Jayman spec home comes with many advantages – our two service calls throughout the year, the Alberta New Home Warranty program, plus all the energy efficient features that we include, that are often not found in resale product. This means the home is completed with solar panels, high efficiency furnace, ultra-violet light air purification system, triple pane windows, tankless hot water heater – all the features that keep your money in your pocket, by reducing your energy costs.”

He adds that there isn’t much of a price difference between the two either. “Regardless of new or spec, our homes are built based on current cost of materials and labour.”

Purchasing a quick possession home allows the purchaser to lock in their mortgage rate quicker, eliminating the risk of increasing interest rates, he adds. “We have a dedicated team of Mortgage Professionals with Jayman Financial who can help you choose the rate best for your lifestyle and lock it in. They are available to meet with all customers one-on-one at a time and location convenient for them.”

Jayman BUILT offers quick possession homes across almost all communities that it builds in. “Most notably, we have four Street Towns in the community of Seton available for a move-in before the end of the year or early 2023. You could be enjoying the holidays in your brand-new home,” Klassen says.
Jayman’s Seton Street Towns offer amazing value – they have no condo fees, include fully fenced and landscaped yards, rear decks, smart home technology and solar panels. Designed in Classic or Modern Farmhouse colour palettes, these two-bedroom Tempo Street Towns offer granite countertops throughout, expansive ensuites, stunning open to above features and start from the $480’s (including home, lot & GST).

Best of all they are in a central location within the dynamic southeast community of Seton that is quickly becoming the beacon for live-work-play lifestyle balance. Seton is an amenity-rich community that expertly blends residential and commercial concerns, earning it the sobriquet of “Downtown South.”
He says the biggest advantage of buying a quick possession or new built home over resale is knowing exactly what you are buying, giving you peace of mind knowing that a brand-new home won’t give you any issues or any troubles for a few years. “That peace of mind is priceless!” he says.

“When you buy a new home or spec home you know that you are buying a home with the best industry standards that could lead to better building codes, energy saving practices and overall a longer lasting home. Something Jayman BUILT is incredibly proud of is the fact that we actually build our homes above the industry code.”

Find out more about their quick possession homes and more at jayman.com/quickpossessions.