Congratulations on purchasing your new estate home! At Shane Homes, we want to ensure you’re well-prepared for this exciting journey by providing insights on potential challenges and tips for a smooth, successful homebuying experience.

Financial Preparedness

One of the most critical aspects of buying an estate home is financial readiness. Ensure you have liquid funds available for your down payment. For homes priced over $1 million, this involves a 20% down payment. It’s best to ensure your down payment funds are easily accessible to avoid potential delays. Also, consider any existing financial commitments, such as other property purchases, as they might influence your ability to secure a new home.

Lot Design and Flexibility

When selecting a lot and designing your home, practical considerations such as lot grading and design constraints can affect your plans. Be prepared for potential compromises. Flexibility in your design preferences can help you find a suitable solution that meets your needs while accommodating any site-specific limitations.

Community Amenities and Family Needs

When choosing where to build your forever home, it’s essential to consider how the location will impact your family’s lifestyle and daily routines. Here are some important factors to keep in mind:

• Educational Facilities: Ensure the community has schools with programs that meet your children’s needs, whether you’re looking for private, Catholic, or public options. Aspen Springs is home to some of Calgary’s top schools including Webber Academy, Calgary Academy, Griffith Woods Elementary, Ambrose University, and Rundle College.
• Parks and Recreational Facilities: Access to parks, playgrounds, sports facilities, and recreational centres is vital for maintaining an active and healthy lifestyle. In Aspen Springs you’ll find several options including the Westside Recreation Centre and the Aspen Spring Recreation Area. Canada Olympic Park and Winsport and just a 15 minute drive. For outdoor enthusiasts, Aspen Springs is close to North Glenmore Park, Weaselhead Flats, Edworthy Park, and Stony Trail, providing easy access to the mountains.
• Shopping and Dining: Convenient access to grocery stores, organic markets, shopping centres and family-friendly restaurants can significantly enhance your living experience. Aspen Spring Landing and West 85th Street offer several shopping and dining options.
• Healthcare Services: Proximity to healthcare facilities, including pediatricians, family doctors, and emergency services is crucial for your family’s well-being. Aspen Springs is near Aspen Spring Medical Clinic and about a 20-minute drive from the Alberta Children’s Hospital and the Foothills Medical Centre.

Steps for a Smooth Homebuying Experience in Aspen Spring Estates

To help with preparing you for your estate home purchase in Aspen Spring Estates, we recommend the following steps. Please note, these steps are tailored for those purchasing homes priced at $1 million+.

1. Initial deposit: A $10,000 is required to hold your desired lot (refundable).
2. Wish-list meeting: After selecting your lot and making your initial hold deposit, we’ll schedule a meeting to discuss your requirements and desires for your new home. This helps us tailor the design to your needs. Depending on the level of customization, it may take some time to develop your ideas, ensure they fit the lot you have selected, and then price out your requirements and desires for your home.
3. Design review: Meet with your Area Manager to review and finalize your home design and pricing.
4. Down payment: Be ready to provide 20% of the total purchase price at signing. Ensure these funds are easily accessible.
5. Final purchase documents: Typically signed unconditionally, you’ll have 60 days to provide a firm approval letter for your financing.

By following these steps and being aware of the potential challenges, you can better prepare for a successful estate home purchase. At Shane Homes, we’re committed to making your homebuying experience as smooth and informed as possible. Let us help you find your perfect home, equipped with the knowledge to navigate every step of the journey.