Northern Star: Nolan Hill is on top

Posted by on Tuesday, October 27th, 2015 at 9:31am.

Of all the new communities currently being developed in Calgary, the demand for new housing in Nolan Hill this past September was the strongest, even outpacing 2014.

That includes all construction in Nolan Hill, not just single-family homes.

Record Applications Submitted

Last month, 33 building permit applications were submitted to the city planning and development department for single-family structures and 10 building applications for multi-family buildings.  Applications were submitted by the five builders participating in the Nolan Hill community, as well as the five builders working on multi-family projects.

Nolan Hill is north of 128 Ave NW between Shaganappi Trail and Sarcee Trail, one of the five communities that make up the Simon’s Valley area.  It’s in a high-demand location and the architectural theme of Nolan Hill seems to resonate with families.   Located on the city’s outskirts, the rolling prairies and rugged sandstone bluffs give the landscape a Celtic feel like the highlands of Scotland or the Irish countryside.  A replica castle ruin is at the gates of the community which captures the imagination of all who visit.

The multi-family permits in Nolan Hill in September, mostly for town home development, ranked first among all Calgary communities, followed by permits issued for nearby Evanston, New Brighton in the South East, and SkyView and Cityscape communities north of the Calgary International Airport.

Permits for single-family dwellings alone were comparable to the community of Walden, located at the exact opposite end of the city in the deep South East.  Mahogany and Auburn Bay, both lake communities which are also located in the South East, were close rivals.  With 33 new home construction permit applications issued last month, Nolan Hill activity is busier than September 2015 when 27 applications were submitted to the city.

Resale Comparables

While new construction permits continue to be issued in these new communities along the periphery of the city, resale continues to decline slowly across Calgary.   Single –family homes spent an average of 37 days on the market from Jan 1. to Oct. 20, down from an average of 30 days in the same time frame last year.  The average resale price dropped by 3% year-over-year and nearly 3,000 fewer homes have sold so far this year.

About Nolan Hill

Nolan Hill is being constructed in seven phases, each offering single-family, attached homes and condos.  Town homes are competitively priced from the $300s.  Single-family detached homes, with front drive garages are priced anywhere between $450,000 and the low $800,000s.

The exterior finishings of all buildings, both single-family and multi-family complexes, must reflect the Celtic theme assigned by the developer, United Communities.  This includes weathered stone, wrought iron, grey and beige tones which complement the country-side.  Nolan Hill buyers seem enraptured by the theme.

In keeping with modern community design, Nolan Hill has many playgrounds, tot lots and pathways throughout the community.  Land has been reserved for future school development.

Residents enjoy nearby Beacon Hill or Creekside Shopping Centres for everyday needs.  Cross Iron Mills, the largest shopping centre in Alberta, is located 10 minutes north in Balzac.

Leave a Comment