NZE homes under $400,000 in EdmontonCanadian Contractor
One of the most affordable NZE homes in Canada, says Landmark Homes, the builder
Landmark Homes issued this press release on Canada NewsWire, March. 20th.
Interesting build, even better marketing…
Net Zero Homes Priced Under $400,000 Have Arrived in Edmonton
EDMONTON, March 20, 2017 /CNW/ – Landmark Homes is proud to introduce affordable net zero homes to the Edmonton new home market. Just over ten years ago, there was question of whether or not it would even be possible to build a net zero home in North America’s most northerly metropolis, let alone build one with a price tag in the range of an average single-family home. Fast-forward to 2017 and we can now comfortably use affordable and net zero home in the same sentence.
Landmark Homes’ latest net zero project in Edmonton’s southeast neighbourhood of Maple Crest will have a starting price of $399,737, which includes the lot, home, garage, net zero upgrades and GST. This price is very much in line with February’s median selling price of $391,000 for a single family home in Edmonton. It’s possible that this home will be one of if not the most affordable single-family net zero homes in Canada. The show home, located at 2686 Maple Way NW, opened to the public on Saturday, March 18.
“For ten years we’ve been diligently working to drive down the cost of net zero energy homes,” says Reza Nasseri, CEO and founder of Landmark Homes. “Big things have small beginnings and the net zero homes we’re building in Maple Crest today will lay down the groundwork for the mass adoption of this type of housing in the coming years.”
“We saw an opportunity to rethink what’s possible and use forward-looking planning to create an ultra-energy efficient home that is attainable by the majority of single-family homebuyers in Edmonton,” says Mike Haupt, general manager of Landmark Homes’ single-family division. “The homes we’re designing today are highly replicable, affordable and scalable. We’ve reached a tipping point in the industry.”
A net zero home is designed to be more comfortable, more efficient, and healthier than a traditional home and offers a wide range of benefits including:
- Low annual operating costs – utility bills fall to an all-time low and stay low year round. Homeowners are even credited for the energy they export back to the grid.
- Protection from future increases in energy prices
- Exceptional comfort all year round – advanced construction methods and materials means even temperatures throughout the home
- Excellent indoor air quality with a built-in filtered fresh air system
- Tightly built and well insulated, a net zero home is quieter.
About Landmark Homes
The vision of Landmark Homes is to be a major North American housing solutions provider recognized for sustainability and for leading a revolution in the industrialization of housing construction. Founded in 1977, Landmark has grown to be one of Alberta’s largest home builders having crafted over 12,000 homes. The industry has evolved dramatically over the last four decades, and Landmark Homes has often been at the forefront of its most significant innovations. With a deep commitment to sustainable development, Landmark pursues innovations that will minimize the environmental impact of their processes and products, and improve how homes are built. For more information, visit landmarkgroup.ca.
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Avg home price in Greater Victoria is $642k, Edmonton is $391k. A chunk of that is land. Construction costs also lower in Edmonton vs Victoria plus we have stringent seismic requirements/challenges. Would like to see the actual cost of land, construction, etc vs final price point to support claim of “highly replicable, affordable and scalable.” If so, our members would be very interested. Affordability depends on community’s avg income – $40k in Victoria x 2 = $80k which qualifies for about $350k home with a low interest rate and reasonable down payment.