The time is right to buy a Daytona Home

In life, timing is everything. And currently, all indicators point to now being the perfect time to buy a new home.

First-time homebuyers have a unique opportunity to benefit from lower interest rates and the recently announced 30-year mortgage option, introduced by the federal government to support new homeowners. With demand surging and the cost of building materials continuing to rise, home prices are likely to follow suit. That makes today the perfect time to step into homeownership before prices climb further.

Daytona Homes is here to help those wanting to take advantage of these fresh and exciting home owning opportunities. Their expert team is ready to support homebuyers navigate the homebuying journey and find the most comfortable home for their unique lifestyle. Not only do they have a wide selection of home models that suit the ever-changing wants and needs of their buyers, but they also have a variety of quick possession homes that provide a lot of flexibility in timing their move-in dates.

Daytona Homes’ presence in some of Edmonton’s most popular new neighbourhoods also gives buyers the ability to live in a community that fits their lifestyle best.

Three decades of expertise

For more than 30 years, Daytona Homes has marked its success in the comfort they have been able to provide their clients with efficient, functional home designs, and customer service that goes above and beyond expectations.

“All our decisions are centred around people,” says Daytona Homes’ Stacy Herrington, Vice President of Sales. “Affordability, thoughtful floor plans, easy options, and material quality are integral to our process and ensure we are delivering on our high-quality promise.”

They are also adept in coming up with fresh, innovative home designs that blend life with style and affordability. “Daytona is committed to innovation, creating homes designed and priced for how our homeowners live,” Herrington says.

Right conditions

The current economic conditions in Edmonton are just right to make the leap to homeownership, as the Bank of Canada cut key interest rate to 4.25 on September 4, with economists predicting two more cuts this year.

First-time homeowners are also getting a leg up from the federal government that is now allowing 30-year mortgages for first-time homebuyers of new construction homes.

Experts say this significant change to mortgage rules would allow an additional five years to pay off a mortgage and lower monthly payments, which is anticipated to help create more opportunities for Millennials and Gen Z’ers to buy a new home.

But these favourable conditions can be a double-edged sword to homebuyers, as they will likely lead to increased demand, which could then lead to higher construction costs and longer build times, so acting now to get the right Daytona home for you and your family is crucial.

Customer comfort is paramount

Whether you are a first-time buyer or you’re onto your move-up home, Daytona Homes’ family-centred values is at the heart of their business and a source of comfort to all their clients.

Herrington emphasizes though that the greatest compliment they get from their homebuyers is the seamless ability to “shift a stressful process to an exciting one” through their expertise, support, and customer care. “At Daytona Homes, comfort matters and can be felt throughout every space we shape and our homebuying process.”

The key to this ability to connect with their buyers is their background as a family-run company. Founded by the Hutchinson family in 1993, Daytona Homes has been able to instill family values in their business approach and has succeeded in building over 10,000 homes across Alberta.

With their buyers’ comfort in mind, Daytona Homes is rapidly expanding its reach in the Edmonton market with new showhomes in more new communities, including some of the most sought-after quick-possession homes in the city.

A varied inventory

Whether you’re looking for a pre-sale, or quick possession home, Daytona Homes has the perfect option for you.

Functional and fashionable style prevail in their new showhomes that emphasize comfort for the family. Daytona’s line of move in ready homes offers much of the same with the addition of convenience, for buyers dealing with tight timelines.

Daytona Homes Sales Manager, Colin Wilson, says it is important to maintain a wide and varied home inventory to offer buyers an easier way to homeownership.

“We know that selling your current home can be very stressful and anxiety inducing, so being able to choose a home that aligns with your desired timing can be a huge benefit in the buying process,” Wilson tells Edmonton New Home + Condo Guide.

“We currently have 115 quick possession homes under construction that are for sale. We offer duplex homes, rear-laned homes and attached front garage homes in 10 different communities in Edmonton and area,”

Daytona meets rising demand

Daytona is aware that Edmonton remains a hotbed for new home buyers, and they are meeting surging demand for new housing with their line of affordable and stylishly functional duplex, laned and front-attached garage homes, including several quick possession homes.

Wilson says Daytona’s quick possession homes stand out not only because of the more than three decades of experience they have in building homes but also because they pay attention to what buyers want.

“Our quick possession homes typically include upgrades that make the most sense in the current market conditions. This information is compiled using data from pre-sold homes, and the upgrades that are most popular with our buyers. This reduces the stress of the selection process as everything is done for you!” Wilson says.

“We have homes available for possession ranging from immediate (two weeks) up to 6 months away from completion. We have something for everyone!”

Building in the best communities

Daytona Homes knows the importance of building in communities that offer a good location, plenty of retail and lifestyle amenities. They are currently building in the communities of Rosemont, The Uplands at Riverview, and Ellis Green in the west; Chappelle Gardens, Saxony Glen in the southwest; The Orchards at Ellerslie in the southeast; and Crystallina Nera in the northeast. They are also found in Ardrossan, Hillshire in Sherwood Park, and Jensen Lakes in St. Albert.

Their latest showhomes include in Crystallina Nera that opened on August 17, and in Rosemont that is opening at the end of September. Yet more are launching in 2025, including in Alces, Marquis, and Edgemont North in spring next year. Find out more of what they offer at daytonahomes.ca.