Because Silverspring is still filling in, a buyer often has a genuine choice between a resale home and a new-build lot in the same area, and confirming any suite or occupancy question with the City of Saskatoon matters before comparing the two on price alone.
New construction also carries the 5 percent federal goods and services tax that resale does not, and landscaping, fencing, window coverings and a developed basement are commonly excluded from a builder's quoted price, so confirming exactly what is included matters more than the headline number.
Joel walks buyers through a builder's contract the same way he would a resale purchase agreement, and compares the new-build price against genuinely comparable Silverspring resale sales before a buyer commits.
Get your hand-reviewed valuation from Joel Dyck.