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With 20 active new-build listings averaging $411,730, the majority of new construction in Redstone consists of row/townhouses (16 listings), with a smaller selection of apartments (4 listings) rounding out the options. Townhome layouts go up to 4 bedrooms, making them practical for families, first-time buyers, or investors seeking a low-maintenance property. At this stage of the community's development, much of Redstone's infrastructure — roads, parks, and nearby commercial services — is already in place, which is a meaningful advantage over buying in a brand-new community where amenities are still years away.
When shopping new builds, it is important to distinguish between quick-possession homes and pre-sale (spec) homes. A quick-possession home is already built or nearly complete and can typically close within 30 to 90 days — what you see is largely what you get. A pre-sale home lets you select finishes and sometimes floor plan options, but you are committing to a purchase months before you can occupy it, and construction timelines can shift. Either way, carefully review what the builder's base price actually includes. Items commonly excluded from base pricing include rear landscaping and fencing, window coverings, appliances, and any basement development. These extras can add thousands of dollars to your total cost, so budget for them before you sign.
Two financial considerations that do not apply to resale purchases are GST and new-home warranty. In Alberta, newly built homes are subject to 5% GST, though a partial GST rebate is available if the purchase price is under $450,000 and the home will be your primary residence — your lawyer and accountant can confirm your eligibility. All new homes built in Alberta are also covered under the Alberta New Home Warranty Program, which provides tiered coverage: typically one year on labour and materials, two years on mechanical systems, and five to ten years on major structural components. This warranty offers real protection that resale homes simply do not come with, and it is one of the strongest arguments for buying new.
Frequently asked
What does the new-build price range in Redstone get me?
With prices running from roughly $298,248 to $450,000 and an average around $411,730, most new-build options in Redstone are row/townhouses with up to 4 bedrooms. The lower end of the range typically reflects smaller apartment-style units or base-spec townhomes, while pricing near $450,000 generally corresponds to larger townhomes with more included features or upgraded finishes. Keep in mind that items like appliances, window coverings, and landscaping may not be included in the listed price.
What is the difference between a quick-possession and a pre-sale new home?
A quick-possession home is already built or close to completion, so you can move in relatively soon — often within 30 to 90 days of an accepted offer. The finishes are already selected, but you get certainty on what you are buying and when you can occupy it. A pre-sale home lets you choose colours, finishes, and sometimes layout upgrades before construction begins, but your possession date is tied to the builder's construction schedule, which can be pushed back. Both options exist in Redstone's current inventory.
Do I pay GST when buying a newly built home in Redstone?
Yes. New homes in Canada are subject to 5% GST, which is typically built into the purchase price shown on MLS®, but not always — confirm this with the builder. If the home will be your primary residence and the purchase price is under $450,000, you may qualify for a partial GST New Housing Rebate. Given that several Redstone listings are at or just under the $450,000 mark, it is worth discussing your specific situation with a real estate lawyer or accountant before you write an offer.
What warranty protection do I get with a newly built home in Alberta?
New homes in Alberta are covered under the Alberta New Home Warranty Program. Coverage is generally structured as one year for defects in labour and materials, two years for mechanical delivery systems (plumbing, electrical, heating), and five to ten years for major structural components. This warranty transfers with the home if you sell before it expires. It is one of the key advantages of buying new rather than resale, and you should receive warranty documentation from your builder at possession.
How is buying a new build different from buying a resale home in Redstone?
The process differs in a few important ways. With a new build, you are typically signing the builder's own purchase contract rather than the standard AREA resale contract, and builder contracts tend to favour the builder — having a REALTOR review it before you sign is strongly advisable. GST applies to new builds but not resale. New builds come with warranty coverage; resale homes do not. Conditions like home inspection are less common on new builds, though a pre-delivery inspection (PDI) is standard. You will also need to budget separately for items builders often exclude from base pricing, such as fencing, landscaping, appliances, and window coverings.