Smart and green technologies recently considered luxuries are becoming increasingly important to Calgary homebuyers, and the city's homebuilders have taken this to heart.

When you buy a home, you're also buying the lot, so it's important to make sure you pick the right lot for your needs.

Solar panels, smart-home technology, quartz countertops, luxury vinyl flooring, lots of storage, and secondary suites above the garage or in the basement are all valuable upgrades that provide a lot of bang for your buck when building a new home.

While budgets, like rules, are often made to be broken, there are some additional costs associated with the purchase of a new home that buyers should keep in mind to avoid breaking the bank.

As we head into what is traditionally one of the hottest seasons for real estate – with homebuilders launching purchase incentives, promotions, new communities and new showhome models – there is a distinct air of uncertainty due to the outbreak of COVID-19 sweeping the globe.

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.

This spring promises to bring changes to both Calgary's natural and built landscapes, as two new developments from Qualico Communities sprout up in some of the most desirable areas of the city.

Together Ambleton in the northwest and Alpine Park (temporary name) in the southwest will see 6,500 to 7,200 new residents and are at various stages of planning and construction approvals, says Clark Piechotta, Qualico's associate director of development.

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.

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.

If you think year-round outdoor living is out of reach for Calgarians, you haven't paid a visit to the new community of Rockland Park.

As northwest Calgary's first master-planned community in more than 10 years, Rockland Park draws on open spaces, well-tended parks, and a network of trails and pathways to craft a four-season recreation hub.