To guarantee high quality buildings and excellent after sales
services we work with Deerfield Homes. With over 16 years
experience Deerfield Homes is consistently one of the area's
top-rated contractors with Tarion new home warranty.
By eliminating unnecessary extras, we are able to offer a
quality home at the best prices available. These prices carry
for less than the average rent levels in Waterloo Region and
Wellington County. We also
provide special financing not offered anywhere else, to help
people become first time homebuyers sooner.
Over 95% of the people who buy from Options move into
their homes instead of renting their suite out. Therefore,
everyone wants to keep the community attractive and enjoyable to
live in. The home they own is important to them.
Also, each community holds
regular
meetings before construction is complete, which buyers can
attend if they choose. The meetings provide updates on the
building's progress, and allow buyers to make decisions that
will affect their own homes and community. Owners are able to
create a unique community that meets their specific needs. They
also get to meet their neighbours before moving in.
We offer free presentations followed by personal
appointments to provide all the information necessary to enable
you to make an informed decision. By providing extensive
information before you need to make your final decision, we
reduce the stress involved with purchasing a home. Other condo
developers don’t provide all of the legal information until
after you buy. Options approach allows you to feel confident
that you’re making the right decision for your circumstances.
A wide range of upgrades packages are available for
your suite finishes including hardwood floors, stainless steel
appliances, marble counters etc. We start with basic finishes so
you have the choice of adding only the features you want, and
that fit in your budget. You also have the ability to make
design changes to your suite (extra cost), if they are possible.
Our unique customer service is made possible because
most of our staff were at one time looking for a home just like
you. They were able to find a quality home at a great price
through Options For Homes. They understand how important this
decision is, and are here to help walk you though it. Our goal
is to make sure you have all the information and time you need
to make your choice.
Our Goals
Options for
Homes Non-Profit Corporation (“Options”) is a company
dedicated to providing quality homes in great
communities at the best possible price. Options strives
to bring home ownership within the reach of families
with family incomes as low as $40,000, a goal we have
achieved with all of our communities. Options’
communities have proven to be attractive to a wide range
of income groups (from $30,000 to $75,000+).
We have
assembled an experienced team of professionals and
builders to produce quality homes our owners can enjoy.
To ensure quality, we use Deerfield Homes as our builder. They have an
award winning reputation.
Options acts as a consultant to homeowners, working
on their behalf to create their community. At monthly
meetings before moving in, owners are given the
opportunity to provide feedback and suggestions
affecting the new community being created. The
condominiums are sold at cost (i.e. no profit is added)
before construction.
Options for Homes believes that home ownership should
be available to everyone. We can put that opportunity
into your hands with a complete range of services.
See For Yourself
Options can create your home at a much
better price than a traditional developer, without reducing the
amount spent on construction. Below is an example of how Options
for Homes saves you money compared to a traditional developer,
while offering the same quality. Scroll down to read an
explanation of the chart.
|
Traditional Developer
|
Options
for Homes
(if
you take advantage of special financing to boost
your down payment)
|
Profit
$30,000 |
Marketing &
Soft Costs
$40,000 |
Pool, Sauna,
Features etc
$15,000 |
Building
Costs
$100,000 |
Land Cost
$20,000 |
|
|
Special
Financing (Optional)
To Boost Your Down Payment
$20,000 |
|
Contingency
Fund $5,000 |
Marketing &
Soft Costs
$20,000 |
Building
Costs
$100,000 |
Land Cost
$15,000 |
|
|
Options chooses locations a few blocks away from the
best place to live in a community. This way, the location is
still desirable, but isn’t the most expensive in the area.
You deserve a quality home, so we spend the same
amount on the cost to build your home as other developers. Your
home will be built by Deerfield Homes. They have an award winning reputation of creating
quality communities.
Enjoy the peace of mind in knowing that your hard
earned money has gone toward your home and not an expensive
marketing campaign. With Options, you won’t see glossy full-page
ads, or the model suites that other developers use to sell their
suites. Options uses a simple, cost effective approach to
advertising which will save you over $20,000 on the cost of your
home.
Options does not build costly amenities that add to
the initial price of your home and your monthly costs. Many
homeowners have expressed their appreciation of this approach.
They have seen many other condos where the expensive amenities
sit unused. Instead we choose locations with high level of
community amenities nearby (eg. community centres, parks, etc.).
Also, amenities, such as multi-purpose rooms with kitchens for
entertaining, fitness rooms, libraries, and lounges, are
provided. They are useful amenities to homeowners and are cost
effective to build and maintain.
Although, sometimes Options builds in an
existing condominium community that already has extensive
amenities. If this is the case, you will be able to use the
amenities without adding to the price of your home.
The price you pay with Options only covers the costs
to build and market your home. Other condominium developers add
anywhere from $30,000 to the price you pay to add to their
pocket. Options only has a Contingency Fund, which acts as a
buffer in case the cost to build your home is more than
predicted. Material and labour costs can fluctuate. But if this
money is not needed, we give it back to you, the homeowner.
Unlike any other developer, Options can provide you
with special financing to boost your down payment (9% of the
price of your home). This help is optional, and all purchasers
are eligible. Attend a free information session for more
information.
Frequently
Asked Questions
By having a dual focus on quality and offering great
prices, Options is able to think outside the box. By eliminating
costly amenities, reducing marketing and administrative costs,
and not charging a profit, we can save purchasers over $30,000
on the price of their homes while providing the quality they
deserve. Our communities are built by Deerfield Homes.
Options' communities have proven to be attractive to
a wide range of income groups (from $30,000 to $75,000+) for
the quality homes offered at the best prices in the Waterloo,
Wellington Area. First
time home buyers also appreciate the special financing available
to boost their down payment, and guidance with the financing
process that Options offers. As with all condominiums,
homebuyers must be able to qualify for a mortgage. Many of our
current homeowners have expressed how much they enjoy the mix of
people living in their communities, from young couples, to
families, and seniors alike.
Options is not interested in becoming a national
company with offices in each major urban area. Instead, we train
and monitor several non-profit organizations who implement the
Options' concept in their respective areas. Currently, Options'
award winning concept is also being implemented in Vancouver,
Montreal, Ottawa,
Toronto, and Collingwood.
Prices and floor plans are available at our free
Information Sessions held on weekday evenings. To register for a
free Information Session click the Register Online button at the
top of this page.
You are welcome to bring a friend or family member to
the Information Session. If they are interested in buying a
separate home, they need to contact Options For Homes to
register for the Information Session as well. If they are just
attending to help you decide, or are interested in buying a home
with you, they do not need to register.
