When it comes to homeownership these days, one of the biggest and most talked about issues is affordability. This issue is particularly relevant when it comes to a generation of young Canadians that many people say is struggling to enter the marketplace due to the high costs of owning a home.

However, like anything else in this country, affordability is relative and truly dependent on context. If you're a millennial or a potential first-time homebuyer of any stripe, you're much better off entering the market in Calgary than other major centres like Vancouver or Toronto.

The new southwest community of Hudson in Creekstone makes the most of its spectacular setting – perched on a ridge overlooking the Pine Creek coulee with the Rocky Mountains in the distance.

Dennis Inglis, development manager with Highfield Land Management, says the community's location alongside a protected reserve means its scenic surroundings are here to stay, unlike some new communities where development eventually encroaches on natural lands.

Ten minutes south of Calgary in the town of Okotoks, homebuyers and builders continue to buck the regional trend of declining housing starts.

In fact, the growing town of just over 29,000 people (based on the 2018 civic census) saw an increase in housing starts in 2019 that is expected to continue into 2020, according to the Canada Mortgage and Housing Corporation.

A deposit is the first financial hurdle a homebuyer needs to clear when buying a pre-construction home.

That deposit is generally five per cent of a home's total value for a purchase of less than $500,000, but it can be as high as 20 per cent for a $1-million-plus home. Those funds are a pre-construction commitment to the builder to take that condo or single-family home off the market. That money also gets put toward your eventual down payment.

Some would say the town of Cochrane offers the best of everything. Nestled into the foothills, this picturesque community of just under 30,000 people offers untouched nature, beautiful mountain views and small-town appeal, in addition to a full suite of amenities.

The town's friendly vibe is attracting young families and downsizers alike, and many new communities are stepping up to meet the demand with a variety of innovative home designs.

Inhabited by First Nations people long before settlers had notions of calling the banks along the Bow River home, the Bowness/Montgomery area has a history that predates most communities in Calgary.

Bowness would later become one of the city's first satellite communities, complete with its own streetcar line, as part of a scheme by landowner John Hextall to develop an exclusive suburb "in a natural scenic setting of great beauty."

First settled in the 1880s, when Calgary itself was little more than a fort on the banks of the Bow River, the community of Bridgeland is one of the city's oldest neighbourhoods.

How many times has a potential homebuyer driven up to a home, looked at the yard and the building's exterior, and driven away without even getting out of their car? Too many, unfortunately.

As the old saying goes, you only have one chance to make a first impression, and curb appeal is one of the most important factors involved in selling your home. After all, the exterior is often a reflection of what's going on inside the home, so a tidy, attractive yard – both front and back – is a must.

With its storied history, convenient location and family friendly atmosphere, Airdrie continues to attract young families and entrepreneurs in droves.

The city's population has swelled from just under 11,500 to almost 71,000 in just 30 years. However, despite its growth, Airdrie has retained all the attributes of a connected village.