There are many great reasons why now is the right time to build a new home in Manitoba.
Mortgages remain very reasonable and carrying a mortgage continues to be easier today than ever before. In fact, it would have cost you more to carry a $200,000 mortgage in 1981 than it does to carry a $500,000 mortgage today! Also, home values in Manitoba continue to increase annually, demonstrating healthy returns on investment in each new built home.
Not only is your new home a sound financial investment, but it is also a lifestyle investment, too. By building a new home in a new neighbourhood, you are choosing new schools and community clubs for your children, new shopping centres and green spaces to explore, and opportunities to meet new people.
With an extremely low inflation rate and Manitoba’s economic diversity and stability, you are better able to financially plan your family’s future. Your investment in a newly built home is secure.
The industry Technical Research Committee consistently rates Manitoba's new homes among the most energy-efficient in Canada. Manitoba’s building practices ensure lower monthly energy bills and less impact on the environment.
Homes built today have 31.3% fewer emissions, requiring less than half the energy of older homes to heat and cool despite larger-sized rooms. Building a new home allows you to install the very best energy-efficient systems during construction. And today’s homes are built to standards that ensure a cleaner, healthier environment for new home buyers and their families. Tougher safety standards and more efficient building products mean better airflow and quality.
One of the key benefits of building a newly built home is that you can choose exactly what you want. With a newly built home, you can have everything just the way you want it. Also, newly built homes do not require the upkeep of older homes. Many are built with low or no-maintenance materials. Less maintenance means more time to enjoy your new home.
New built homes are designed for the way we live today, with open plans and large family rooms, easy flow for entertainment and space to grow.
To find the right builder, you can start by looking at builders registered with the Manitoba Home Builder’s Association (MHBA).
The MHBA is a non-profit trade association whose mandate is to provide its members, the public and all levels of government with ongoing education and information about the housing industry in Manitoba. The MHBA does this by making sure that its members are kept up-to-date on the latest developments in building technology and government regulations, enabling them to provide the public with quality service and construction.
MHBA is comprised of home builders, land developers, renovators, manufacturers, suppliers, designers, architects, engineers, financial institutions, and mortgage companies, lawyers, and public utilities who each contribute to the on-going operation and success of the housing industry in Manitoba.
All builder members of the MHBA must be a member of a third-party home warranty program and are subject to a code of ethics and a code for disciplinary action as established for the industry by the Canadian Home Builders’ Association, with which the MHBA is an affiliated member.
The MHBA represents 80 years of professional excellence. Their members adhere to association-set standards, maintaining the highest level of industry knowledge and ensuring a safe job environment for all. Their members take pride in using leading technologies, products and knowledge to ensure your home will be built to meet the highest industry and government standards and legislation and will maintain a higher value over time.
For over 80 years, MHBA members have built a strong reputation as industry professionals who meet the highest standards. Most of its members have been in business 10 years or more, so you can have peace of mind knowing that their proven track records and references mean the promise of reliability. They adhere to the latest safety standards and codes to ensure building and renovating projects are handled properly by reliable industry professionals.
Since MHBA represents only top quality home builders, renovators and industry suppliers, and provides the best in member training, you can take pride knowing the MHBA building professionals working in your home are trustworthy and follow the latest design trends and cutting-edge practices using up-to-date technology. They work with a high degree of skill and professionalism and in accordance to code and within the law so you can rest assured knowing your home was built — or renovated — the right way without cutting any corners.
MHBA seminars, conferences, workshops, and programs, as well as their Master Builder and Master Renovator programs, provide the training and certification to guarantee homeowners a building professional with a fully trained team carrying the highest certifications, licenses, tickets and ultimately the highest standards in all they do.
For more information, visit homebuilders.mb.ca and check out their list of registered home builders and associated members.