BET­TER: ‘Re­sort life’

Calgary Herald - Calgary Herald New Condos - - Re­cre­ation & In­vest­ment Prop­er­ties -

“Two-storey mega-homes are not as strong as they were,” says Lay­den, adding that they will still be made avail­able for a cer­tain seg­ment of con­sumers.

There are sev­eral new neigh­bour­hoods on the prop­erty:

Osprey Green — This 39-unit, seven-build­ing project is lo­cated be­tween the sev­enth and eighth fair­ways of the Osprey golf course at Preda­tor Ridge.

All with golf front views, each home mea­sures be­tween 1,300 and 1,800 square feet with plenty of deck space.

“To date, we have sold 25 of the 39 and just re­leased the fi­nal 14 homes this sum­mer,” says Lay­den.

The re­lease of the first two phases last year, which in­volved five build­ings, was suc­cess­ful. Now the fi­nal two build­ings have come to the mar­ket with prices start­ing at $339,000.

The Vil­las at Birdie Lake — Nes­tled into the hill­side, this villa de­vel­op­ment will have great views across what will soon become the new golf course and Birdie Lake.

This new neigh­bour­hood will fea­ture vil­las with 2,300 square feet of liv­ing space, a mas­ter bed­room and 1.5 bath­rooms on the main floor, and two bed­rooms, a bath­room and a ter­race room down­stairs. These homes start at $669,000.

The Okana­gan Col­lec­tion in Longspoon Ridge — Con­sul­ta­tions with de­sign­ers spe­cial­iz­ing in re­sort liv­ing, cur­rent home­own­ers and fre­quent re­sort guests in­ter­ested in smaller one-level homes has cul­mi­nated in the de­sign of the Okana­gan Col­lec­tion in Longspoon Ridge, says Lay­den.

On smaller home­sites, these 1,500 to 1,800-square-foot homes max­i­mize the use of space— both in­doors and out — and are quite liv­able. “De­signed for how you want to live re­sort life, these two-bed­room, two-bath­room homes are low main­te­nance,” he says.

They are priced from $399,000.

The Sig­na­ture Col­lec­tion — Also on Longspoon Ridge, it is a se­ries of larger homes mea­sur­ing about 2,500 square feet with four bed­rooms.

“You’ll find them here at prices that re­flect to­day’s mar­ket,” says Lay­den. Sig­na­ture home­sites start at $149,000.

The Ex­ec­u­tive Col­lec­tion — A se­ries of homes built on larger home­sites in the Vista Crest and Longspoon Ridge re­gions of Preda­tor Ridge that fea­ture over 3,300 square feet of lux­ury and are built to ex­cep­tion­ally high spec­i­fi­ca­tions. Vista Crest Ex­ec­u­tive home­sites start at $258,000 and Longspoon Ridge ex­ec­u­tive home­sites start at $339,000.

To a cer­tain de­gree, Lay­den is down­play­ing the im­pact of the eco­nomic down­turn on Preda­tor Ridge.

He says ac­tiv­ity in the past few weeks has im­proved, with the golf course busi­ness up com­pared to last year be­cause of pro­mo­tions be­ing of­fered to en­tice play­ers.

Preda­tor Ridge is also prob­a­bly one of the few re­sorts in North Amer­ica in­vest­ing in the con­struc­tion of a new golf course at a time when many oth­ers are strug­gling to sur­vive the global re­ces­sion, says Lay­den.

As for real es­tate, he says there con­tin­ues to be a good level of in­ter­est, again given the eco­nomic re­al­i­ties. “We’re see­ing strong ac­tiv­ity from peo­ple look­ing for the stage-of-life hous­ing that we are now of­fer­ing.”

Al­ber­tans, mainly from Cal­gary, Ed­mon­ton and Red Deer, con­tinue to make up the bulk of buy­ers and those in­ter­ested in pur­chas­ing a prop­erty.

One of the main rea­sons Preda­tor con­tin­ues to at­tract buyer in­ter­est is Wes­bild’s com­mit­ment to the de­vel­op­ment.

“Preda­tor Ridge has un­par­al­leled fa­cil­i­ties, ameni­ties and a sense of com­mu­nity in the re­gion — in place and thriv­ing — that re­duces home­buyer risk when it comes to whether a com­mu­nity vi­sion will be re­al­ized,” says Lay­den.

There are el­e­ments that have been in place for years that al­low would-be pur­chasers to see, touch and feel, and more eas­ily visu­al­ize what is to come.

“Vi­sion is great, but you have to be able to ex­e­cute on that vi­sion, pitch some­thing you can re­al­is­ti­cally de­liver,” says Lay­den.

“We’re not sell­ing on a prom­ise of what will be here. We al­ready have a lot of ameni­ties.”

Cour­tesy, Preda­tor Ridge Golf Re­sort

The al­ready ex­ten­sive hous­ing of­fer­ings at Preda­tor Ridge near Ver­non B.C. will ex­pand fur­ther with the in­tro­duc­tion of more bun­ga­lows, town­houses and es­tate homes.

The golf fa­cil­i­ties at Preda­tor Ridge Golf Re­sort will be fur­ther en­hanced with a new course that is set to open in July 2010.

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