EXPANDING HORIZONS — Cont’d from page 12
“There are a couple of reasons why we’re expecting that — obviously, within the city of Winnipeg there’s the new impact fee, but also the expansion of the mortgage stress test, which means that some potential home buyers are looking at a smaller footprint when it comes to building a new home.” Largely thanks to that impact fee, there’s also more incentive for potential buyers to explore show homes outside city limits, and there’s a lot more to see during the Fall Parade, with new show homes in Headingley, West St. Paul, Oakbank, La Salle, Stonewall, Niverville, Ste. Adolphe and Brandon. Rural and semi-rural developments are attractive on several fronts. Land is less expensive and lots are larger, with plenty of room to putter in the yard and ample space for a three-car garage. Growing families like the small-town atmosphere and commuters often find that a relatively short drive to the Perimeter is less stressful than a crosstown trek through rush- hour traffic. Within city limits, there’s still plenty of elbow room in well-established developments like Sage Creek, Amber Trails, South Pointe and the Bridgwater neighbourhoods. And options are expanding in Charleswood, Transcona, northwest Winnipeg’s Aurora at North Point and south Winnipeg’s Bonavista and Prairie Pointe.
Builders are coming up with more creative designs to attract buyers on every rung of the housing ladder
22 Parade of Homes fall 2018
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