This form does not yet contain any fields.
    Testimonials

     

    Ready to realize your real estate goals?  Click here to contact me.

    « Full Day Kindergarten Comes to Oakville | Main | New Homeowners Dilemma: Buy Window Coverings OR An All Expenses Paid 6 Week Vacation? »
    Wednesday
    Mar242010

    North Oakville Development at Neyagawa and Dundas?

    North Oakville development is always a hot topic but lately I’ve been receiving a number of inquiries from people asking me if I know anything about the area around Neyagawa and Dundas. If you’ve driven in this area lately, you’ll notice that the land looks like it is being worked.

    I luckily have very resourceful readers. While this information is still somewhat speculative, my new friend and blog reader Gabe has told me that one of the land owners near Neyagawa and Dundas is Starlane Homes. If you go to the Starlane website at www.Starlanehomes.com and go to their “coming soon” section, you will see a new Oakville development being advertised for Fall 2010. This area, known as Woodland Trails is expected to include a variety of structures including towns, semi’s and detached homes.

    Could this be the first land owner North of Dundas to develop? It is all still speculation at this point but I am going to keep my eye on Starlane Homes development over the next few months to see if any changes are made to their communication.

    Thanks again to Gabe for your handy investigative work!

    UPDATE 3: I just posted my first video blog outlining my thoughts now that this development has been released to the public.  Click here to view it.

    UPDATE 2: Please see my note regarding the comment section of this post:

    Thanks to everyone who has published an opinion on the development of the Rosehaven/Starlane homes north of Dundas. Please note that prices are UNCONFIRMED for the Rosehaven/Starlane Woodland Trails development as of my posting date (at least to my knowledge). As author, realtor and publisher of this website, I am interested in providing knowledge to consumers. I am not interested in promoting or putting down any developer or development. From my experience within the real estate industry, buying a home is a hugely personal decision. If everyone was interested in homes with the same finishes, features, locations and price points, we simply would not have the variety in the market that we have today. While I completely respect and honour everyone's individual opinions on the matter, I have with some reluctance decided to stop the comment section on this blog post.

    The internet is indeed a funny place to share knowledge. As the publisher of this site, my comments and opinions are made with full disclosure on who I am and what I do for a living. Unfortunately this is not the case for everyone else. Speculation on prices that have not been set in a market that many people have not had experience assessing accurately is not something that I think should be publicly commented on for the time being. This said, I do respect and appreciate everyone's right to their own opinion on the Woodland Trails development. Comments on all other blog articles are still open and I encourage people to continue to share with the group as they see fit. I learn a lot from clients and readers of this site. As always, if you have information about a topic related to Life in Oakville, I would love to hear from you. I will do my best to continue to post information on the site as it comes available.

    UPDATE 1: I just wrote another blog article with more information on this new development.  Click here to read it!

    Thanks,
    Lindsay

    If you have questions about Oakville or real estate in general, feel free to contact me at lindsay@remaxaboutowne.com.

    Regards,

    Lindsay

    PrintView Printer Friendly Version

    EmailEmail Article to Friend

    Reader Comments (23)

    Any idea on when we will have a price list available? And are those available prior to release for research?

    August 14, 2010 | Unregistered CommenterMike

    Hi Mike - I've heard they will range from the $400K's for townhomes to $700K's for detached homes but I have no idea whether or not this is accurate. The developers usually don't confirm the price lists until the day the homes are released (or a day or two prior).

    It's easier to gauge prices after the first phase of homes has been released as you can base it on previous sales, the developer's standard finishes, prior lot premiums, etc. As this is the very first community north of Dundas there is no established price. The prices will however have to line up somewhat with resale values in Oakville so depending on the square footages, style of homes (ie: 2 storey vs 3 storey townhomes) and standard finishes I would think that $400K's for a nicely appointed 2 storey townhome and $700K's for a 3000 sqft+ detached 2 car garage home seems about right.

    If I hear anything concrete regarding prices, I will post it on the site.

    Lindsay

    August 14, 2010 | Registered CommenterLindsay Walls

    just readon ur website, prices starting @$400,000.
    If thats the case I've lost all interest in this development. Why would anyone pay $400,000 for a starting townhome is beyond me as you can go onr block south and buy a resale considerably less, there are plenty of semis not towns for the $360,000 range. i think this is nothing more than these 2 smaller builders trying to heavely maxamize on what little land they have in north oakville. This area will be under construction for 15 years with mattamy owning most of the land so it would make no sense buying from 2 smaller builders with less credentials than mattamy and in my opinion are pricing homes far over market value maybee because they know people have been waiting a long time for north oakville to develop so their really cashing in on this. I just looked up smaller detached homes in glen abbey and westoak trails, found a handfull between $429-$469,000. So if a town at 1600sqft is starting at $400,000 keep in kind thats the town smack dab in the middle of the row, what will end units go for? $500,000? How bout smaller 1 car garage homes? Maybee $600,000 because a semi in their eyes is easily worth $550,000 if a town is starting at $400,000. Basically, in the market were in (buyers market) i expected this development to be far closer to market value, 2 months ago national released free hold towns from $299,990, so has the market jumped $100,000 in 60 days, nope. Im just saying that as home buyers dont get caught up in the hype, theres far better deals within 1 km of that development and if you really want to live there, wait for mattamy homes, who are always priced fair and got getting a home built from a top home builder, it makes no sense to buy more expensive from a lesser builder. Its like paying for for a steak dinner at east side marios than the keg. I will be staying away.
    Gl to all to pursue this development.
    Gerry Stinson

    September 6, 2010 | Unregistered CommenterGerry stinson

    My husband and i signed up for this project but guess we'll be looking else where, the prices are crazy, wonder what towns on lakeshore or bronte creek sell for? but you cant compare living on lakeshore on a beautiful creek to living on dundas, can you? Hmmm quiet streets with creeks and forests or 24/7 traffic noise and backing on to the lovely views dundas has to offer such as esso mcdonalds and the lovely sounds of the new police station. Thx but ill pass like im pretty sure most with commen sense and minor housing knowledge will
    Mel

    September 6, 2010 | Unregistered CommenterMelody

    Gerry and Melody, thanks for your comments.

    To be perfectly honest, I think its good that people are questioning the prices of new developments. While the prices in North Oakville are merely speculation at this point I strongly believe that home buyers need to perform the same due diligence to understand the value of a new home as they would when buying a resale. I am shocked when I see people buy from a developer without first questioning the homes value so I applaud you both for having an opinion on the matter.

    I'm trying to remain neutral right now as it is too early to know just what the Rosehaven/Starlane community is going to look and feel like. It's easy now to walk through newer neighbourhoods like Bronte Creek and Lakeshore Woods and recognize them as great newer developments but I'm not sure it would have been quite as easy to identify back when they were selling the first phases of homes. Buying new is a personal decision that is right for some and wrong for others. I personally wouldn't feel comfortable buying in the first couple phases of a new development. On the other hand, those who did take the plunge early on in the Bronte Creek and Lakeshore Woods areas are probably ecstatic with their decision to buy early.

    Melody - In terms of your comments regarding housing prices, I did a really quick scan of the sale prices for townhomes in Bronte Creek. Over the past 5 months townhomes have ranged from $275,000 for a 2 bedroom 3 storey Mattamy walkup to $740,000 for a Monarch Bungalow townhome backing onto forest. The vast majority of sales falls somewhere between these 2 amounts. There are still lots of townhomes that sell in the $300,000's however there are also many in the $400,000-$500,000 range as well. Clearly a townhome selling for $300,000 varies dramatically in size, finishes and location than one worth $500,000+. If you are looking for specific information, I'd be happy to chat with you. My number is 905.484.5162. No pressure.

    Gerry - One of the things I am extremely sensitive about as a realtor is that home ownership is a uniquely personal decision. Yes some homes are more universally appealing that others, however I really do believe that every person has a unique vision for their home. I completely respect your comments because many homeowners feel the same way you do about what constitutes "good value". I will say that I have met many clients who would rather buy detached over a townhome however I get just as many clients that would rather buy a townhome with all the bells and whistles (or even just a townhome in a very specific location) and would rather pay the same or more for it than they would a detached home. I absolutely agree with your comments on not getting caught up in "hype". Just like many of you, I am extremely interested to see the price and feature list when it is available.

    As for my opinion on the quality and resale value of various builders...well lets just say I have many. I have heard plenty of stories from clients (many conflicting) and formed my own opinion over the years from attending so many home inspections. Before buying a new home, I urge people to knock on the doors of some home owners who already live in the neighbourhood and ask them for their opinion on the developer. You won't get a better or more honest answer.

    September 7, 2010 | Registered CommenterLindsay Walls

    i dont wanna turn this into a rant vs the builders but i feel like this north oakville woodlands trails development is a little over priced as well from a value prespective. Usually in new home sales and most certainly in phase 1 starting prices are very competative because theres no community or anything there besides construction. I too registered online but wont bother attending. Like lindsey said its up to you to do your home work and research the market value before you buy but i do understand peoples frusteration because alot have been waiting for this woodland trails development only be be surprised at pricing. Oakville is expensive but if towns in phase 1 are starting at 400,000 than i hate to see what phase 5 will offer, possible we might see towns in the 6's? Who knows. But as a home owner i know there are far better buys out there so i like the previous posters have lost all interest in this site. Id like to know whos building there next and hopefully we wont have to wait for roseheaven and starlane to sell out before another builder release's homes because that may take a very very long time.

    September 9, 2010 | Unregistered CommenterVicky

    I have spoke to the Rosehaven marketing manager and according to her homes will start from low 500's and go up to 700's - price to be dictated by a lot size.

    September 11, 2010 | Unregistered CommenterKasia

    Dont know if you were talking about detached or towns in your message about homes starting from 500k, ive anticipated this release but not the price. As on their face book page for the economy were in i feel they are very aggresive in pricing, however they are including all fine finishes which is nice but realisticly most builders let you pick upgrades and not just add them to the price dince most people know the upgrades is whete a builder makes a big chunk of profit from. Ill pass

    September 16, 2010 | Unregistered CommenterEmilio

    The prices are not yet confirmed by Rosehaven or Starlane so right now all the talk about pricing is still speculation. I am going to write a blog entry in more detail in the coming days but I will mention that developers are now faced with two major price increases, the first being HST and the second being higher development charges. These factors will have an impact on the price developers charge buyers in the future.

    September 17, 2010 | Registered CommenterLindsay Walls

    The prices mentioned above are very much out of reach for most people. Have these builders not been reading the news. The US housing market is in turmoil, and Canada, although not quite in the same state, is faltering and house purchases is way down. All indications are stating rising mortgage rates. I too, won't be buying even though I registered for the preview.

    September 22, 2010 | Unregistered Commenterannoyed consumer

    I too am disappointed to discover prices for 30' and 35' detached lots will start at the 400G range. How are these prices coinciding with economic predictions and HST?! Not to mention the two lane Dundas and Hwy 403 roads that have horrible traffic as it is; road infrastructure has been poorly planned. A new home with all finishes done at builder costs, no wonder prices are astronomical.

    September 27, 2010 | Unregistered Commenterrkdo

    I've also registered as well for this development. However after hearing the starting prices, I'm a bit disappointed. Even with the HST taking into factor, the developers should be getting a tax break. I thought the HST allows these developers to be more competitive and will drive a lower housing prices as a result of HST according to our great gov't. Anyway I guess I'll wait and see what are the prices for those houses, but if it's 500K and above for towns, they'll deterred a lot of potential customers. I would rather just wait for Mattamy instead.

    September 27, 2010 | Unregistered CommenterNA

    i did speak with their marketing mamger aswell and she tried really hard to explain on where and why their coming in at such a in my opinion "high price".
    She pretty much blamed it on hst and higher building costs from town of oakville and wages. I feel feel her explaination was a poor attempt to justify their aggresive pricing. Less than a year ago roseheaven sold towns at 299k, with that said building costs of those and these new ones will be the same with regards to town of oakville fees as a dwelling is a dwelling so i was a liitle disapointed in them using that as an excuse and than went on to tell me that this community is as desired as bronte creek, which i think is a non comparable because communities dont get built by one sub division, its everything combined from the people to the surrounding and in early development stages (ie phase 1) thats typically why you get a home for a better price because your living in a work in progress and not a established communitee. As the above person posted these homes are backing onto possibly the worst intersection in oakville surounded by over congested dundas where traffic is a disaster and when more people move into that area just think how much worse it will get. In my opinion from what ive gathered from speaking to a few home builders is that these 2 builders paid a high price for this land and are building first in agreement with other builders because if people had a choice where in north oakville to buy, i doubt living on dundas is high on the disired list so this way they offer this land that most others dont want and that should be commercial to begin with first so people have to buy it. I can almost guarantee that no other builder will open untill they sell out as its likely part of the agrement on them buying the land. Mattamy has emailed that they expect to open in the next couple of years and having bought mattamy before i expect them to open at prices that reflex the current market and not pricing on wishful thinking. I too registed but wont bother attending. To those looking for a first home waterlillies on dundas znd sixth line is opening soon town condos stacked from $239,900, now thats more like a accurate price for our market. Bet the sell out in a day only because a 700 sqft condo there is selling at $260k so more sqft and from 239k with less mat fees those town cobdos are a good buy in my opinion

    September 28, 2010 | Unregistered CommenterGreg

    Im no physic but im seeing a huge sign on their sales office this time next year reading "inventory blow out sale, save $50,000 now plus free hardwood"lol. Ive actually seen a sign like that which would drive me crazy if i bought early. dont know if these builders are bored or just dont understsnd the concept behind marketing because you have aton of interest but your pricing is far far out to lunch. Ill give them credit for generating interest but unless you sell the goods the interest means nothing
    I understand supply demand but dont forget demand here is high but than again so is supply. Im waiting for fernbrook or mattamy too.

    September 28, 2010 | Unregistered CommenterTerry

    I too registered but will not be attending and agree with previous posters in terms of the pricing for Woodland Trails. I find the prices way too high and would rather take my chances with Arista, Fieldgate or Greenpark in Milton than with these ridiculous prices by Rosehaven and Starlane.

    September 28, 2010 | Unregistered CommenterJoanna

    Lucky i found this site because if i was planning on buying one of these homes i would have lined up early but now no line up will be needed because im not planning on buying from these builders any more. Alot of people in my office had registered and planed to buy but since the price bomb dropped all decided the price way outta line. I actually wonder from all those who registered how many still plan on buying who actually know the price? Myself and 6 others i know all registered but are no longer interested so i got a feeling this is happening alot a the builders may be for a surprise come opening day.

    September 29, 2010 | Unregistered CommenterGord

    I agree with all the above, gotta admit im a little disapointed in the pricing as i was looking forward to moving there but like a few previous posters said, they will be building here for many years so it wont kill me to wait tlfor others like mattamy and brantheaven to open. Big thumbs down too these 2 home builders

    September 29, 2010 | Unregistered Commentermalik

    I registered when the sign came up anticipating sonething worth while, im not a housing expert but with our current economy, rising interest rates, and housing market numbers both current abd forecasted into 2011 combined with resale homes in that area i think these builders really havent done their home work to reach an accurate price point. Their pricing in a bit aggresive in a hot sellers market never mind our current buyers market. With experts saying our recession recovery will last well into 2011 i dont see too many people willing to spend close to half a million on a town house in a not so pretty area. Theres nothing pretty about living in that intersection, your boxed ib by dundas and the 407 and a major 407 exit so if you think the noise now is bad wait a couple of years and invest in sone good ol ear plugs.
    Woodland trails for its price tag is hugely over rated, id ratger wait for other builders or buy resale in a quiet area without the headaches for way less.
    Im jumping on the im no longer interested train so stop sending me emails.

    September 30, 2010 | Unregistered Commentersean

    Its funny how this site has more feedback than the woodland trails facebook page. I clicked on the link from their emails and noticed only a few comments and their comments were only asking about when pricing would be available, I too agee that they have set prices too high, almost talking custom home prices from a cookie cutter home builder.

    September 30, 2010 | Unregistered CommenterSanjay

    Actually its funny you mentioned the lack of posted comments on their facebook page. There are no postings because they delete all messages that fall short of posative feedback. I logged on their page 3 weeks ago and the first 4 comments were negative all with regards to price, one guy acttually asked them to stop sending him emails with preview info because hes lost all interest. As of now they have 7 posted comments few by their own employees and the only comments on their page are consumers asking about when price will be available, not a single excited comment or even a mild compliment. Try posting a comment and look for it a few days later, its gone. All i said was "im sure youll have a great community but your priced significantly higher than what i expected and more than what my husband an I are willing to pay"

    September 30, 2010 | Unregistered CommenterOlivia
    Comments for this entry have been disabled. Additional comments may not be added to this entry at this time.