Aug. 08, 2016 | Kathleen Renne
The changing face of the first home purchase
A starter home has long been understood to mean a dwelling that represents someone's first foray into home ownership.
Mattamy Homes' vice-president of sales and marketing in Calgary, Warren Saunders, says, at its core, "It's a home that offers the best price and the best value for a new family starting out."
Donna Moore, the outgoing co-CEO of the Canadian Home Builders' Association (CHBA) – Urban Development Institute (UDI) Calgary Region Association, qualifies, however, that what constitutes a starter home today is very different from one of 30 years ago.