Radon is a colorless, tasteless, and odourless, radioactive gas that occurs naturally when the uranium in soil and rock breaks down. When radon is released from the ground into the outdoor air, it is diluted and is not a concern. However, in enclosed spaces like homes, it can accumulate to high levels. High radon levels can be a risk to the health of you and your family. It’s a known carcinogen and can cause lung cancer when it accumulates in indoor air. In fact, radon is the second leading cause of lung cancer after smoking. Radon levels can vary depending on where you live and the type of soil in your area. In order to protect your family from the dangers of radon, it’s important to take preventative measures such as installing radon rough-ins in your home.

What Are Radon Rough-Ins?

Radon rough-ins are pipes that are installed during the construction of a home to allow for the easy installation of a radon mitigation system at a later time. Radon mitigation systems are designed to reduce radon levels in your home to safe levels. The rough-ins consist of PVC pipes that are installed from the basement or crawlspace up through the roof of the home. These pipes create a pathway for a radon mitigation system to be installed in the future if needed.

Why Are Radon Rough-Ins Important?

Radon rough-ins are important because they provide a cost-effective way to install a radon mitigation system in the future. It’s much easier and less expensive to install a radon mitigation system during construction than it is to retrofit an existing home with one. By installing radon rough-ins during construction, you can ensure that your home is prepared for any potential radon issues in the future.

In addition, radon rough-ins can improve the air quality in your home even if you don’t have a radon problem. The rough-ins provide a passive ventilation system that can help reduce indoor air pollution and moisture levels, which can lead to mold growth and other indoor air quality issues.

How Are Radon Rough-Ins Installed?

Radon rough-ins are typically installed during the construction of a home. The pipes are installed by the builder or contractor, and they are typically located in the basement of the home. The pipes are then run up through the walls and roof of the home and capped off until a radon mitigation system is installed.

If you’re building a new home or planning a major renovation, it’s important to consider installing radon rough-ins. By taking this preventative measure, you can ensure that your home is protected from the dangers of radon and that you have a cost-effective way to mitigate any potential radon issues in the future. Consult with a qualified radon mitigation professional for more information on how to protect your home and your family from radon.

Buying a new home is a big investment, and it’s important to protect that investment with a warranty. In Alberta, all new homes must come with a warranty. New homes in Alberta are covered by either AB New Home Warranty or Progressive Home Warranty. 

Alberta’s New Home Buyer Protection Act (NHBPA) came into effect on February 1, 2014 to protect the interests of home buyers, home builders, and new home warranty providers alike. The NHBPA established a requirement that all new homes built for sale or under a construction contract must be covered by home warranty insurance or be exempted from this requirement through an authorization from the New Home Buyer Protection Office of Alberta Municipal Affairs. For more information on Alberta’s New Home Buyer’s Protection CLICK HERE.

The warranty program that provides coverage to new homeowners for various defects in their homes. The program is designed to protect homeowners from the financial burden of unexpected repairs and replacements.

What Does the Home Warranty Cover?

The new home warranty covers various defects in your new home

1 Year Materials & Labour: this covers any defects in materials and labour (flooring, trim)

2 Year Delivery & Distribution Systems: coverage for defects in materials and labour for delivery systems. (heating, electrical, plumbing)

5 Year Building Envelope: covering defects in the system of components that separate conditioned from unconditioned space (roof, exterior walls)

10 Year Structural: Load bearing components (foundation, frame)

Builders are held accountable to repair items as outlined in the Construction Performance Guide from the Alberta Government.

How Long Does the Warranty Last?

The warranty program covers new homes for up to ten years after possession and is transferrable to new owners if you sell. 

How Do You Make a Claim?

If you discover a defect in your new home, you should contact the builder or developer first to discuss the issue. If the issue cannot be resolved, you can make a claim through the warranty provider. To make a claim, you’ll need to provide documentation of the defect and any attempts to resolve it with the builder or developer.

How Do You Find a Builder Covered by the New Home Warranty?

To find a builder covered by the home warranty, you can visit the program’s website and search for builders in your area. You can also ask your real estate agent or contact the Homeowner Protection Office for a list of registered builders.

Is Home Warranty Mandatory?

Yes, the new home warranty is mandatory for all new homes built in Alberta. Builders and developers must register with the program and provide coverage for their new homes.

If you’re in the market for a new home in Alberta, be sure to check that the builder or developer is registered with the ANHWP and that your new home is covered by the program.

When Does The Home Warranty Start?

For single-family homes: the earliest of (1) the date a new home is first occupied; (2) the date an accredited agency, accredited municipality, or accredited regional services commission grants permission to occupy a new home; and (3) the date the transfer of title to a new home is registered.  

When you’re buying a new construction home, you may have a choice between two types of mortgages: completion mortgages and draw mortgages. Each type of mortgage has its own advantages and disadvantages, and it’s important to understand them before you make a decision.

Completion Mortgage

A completion mortgage is a type of mortgage that’s used to finance the purchase of a newly built home upon possession. With a completion mortgage, you put a down payment down and the lender provides you with the full loan amount at the time of closing. You don’t start making payments on the mortgage until you have possession of the home.

One advantage of a completion mortgage is that you know exactly how much you’re borrowing and what your monthly payments will be from the start. This can help you budget more effectively and avoid any surprises down the line.

Draw Mortgage

A draw mortgage, also known as a construction mortgage or a progress-draw mortgage, is a type of mortgage that’s used to finance the construction of a new home. With a draw mortgage, the lender provides you with funds in stages, or “draws,” as the construction progresses.

One advantage of a draw mortgage is that you only pay interest on the amount of money you’ve drawn, not on the full loan amount. This can help you save money on interest payments during the construction phase, when you may not yet be living in the home or making regular mortgage payments.

Which One is Right for You?

So, which type of mortgage is right for you? It depends on your situation and the builders procedure.

A completion mortgage may be the way to go. This type of mortgage is straightforward and easy to understand, and it can help you budget more effectively.

If you’re building a new home from scratch, a draw mortgage may be a better fit. This type of mortgage allows you to finance the construction in stages, and lock in your interest rate.

Ultimately, the decision between a completion mortgage and a draw mortgage depends on your specific needs and the builder. It’s important to work with a mortgage professional who can help you weigh the pros and cons of each option and choose the one that’s best for you.

If you’re in the market for a new home in Edmonton, AB, there’s never been a better time to buy. With new construction homes all over the city, you’ll have a wide range of options to choose from.

Why should you consider buying a new construction home? Here are just a few reasons:

1. Modern design and features

New construction homes are designed to meet the latest building codes and standards, which means they often come with a range of modern features and amenities. From open floor plans and high ceilings to energy-efficient appliances and smart home technology, new homes are built with the needs and preferences of today’s homebuyers in mind.

2. Customization options

When you buy a new construction home, you often have the opportunity to customize it to your liking. Depending on the builder and the stage of construction, you may be able to choose finishes such as flooring, countertops, cabinets, and paint colours. You may also be able to make structural changes such as adding a fireplace or a fourth bedroom.

3. Low maintenance

New construction homes typically require less maintenance than older homes, as everything is brand new and under warranty. You won’t have to worry about replacing a leaky roof or outdated HVAC system anytime soon, which can save you money and hassle in the long run.

4. Strong resale value

A new construction home is likely to hold its value well over time, as it will have all the latest features and technology. This can be especially true in a city like Edmonton, where the demand for housing is strong and new construction is always in demand.

5. Get pre-approved for a mortgage

Before you start seriously looking at homes, get pre-approved for a mortgage so you know what kind of budget you’re working with. This will help you avoid falling in love with a home that’s out of your price range.Work with a Real Estate Agent

6. Work with a Real Estate Agent

Consider working with a Real Estate Agent who has experience with new construction homes in Edmonton. They can help you find the right builder, negotiate on your behalf, and guide you through the buying process.

In conclusion, if you’re in the market for a new home in Edmonton, AB, now is the perfect time to buy. With new construction homes offering modern design, customization options, low maintenance, and strong resale value, you’re sure to find a home that meets your needs and preferences.