Homestead Community Profile
Homestead is one of northeast Calgary’s newest communities in Ward 5, developed by Mattamy Homes and Qualico with construction starting around 2020-2021. The community is in early development, adjacent to the Cornerstone and Redstone growth corridor.
Homestead is part of northeast Calgary’s rapidly growing corridor with a diverse, multicultural demographic. While too new for official census data, the area benefits from the strong NE suite culture seen in neighbouring Cornerstone (1,108+ suites) and Redstone. Based on current market data, detached homes range from $420K to $580K.
Why Homestead Homeowners Choose OAF
Homestead is one of Calgary’s most dynamic neighbourhoods for basement development. With homes built in 2016, the typical Homestead property has an average of 1,100-1,380 sq ft of unfinished basement space-perfect for lifestyle renovations, legal suites, or recreational spaces.
- Matched expectations: Homestead’s mix of newer (2014-2020) means we’ve worked with similar home layouts and can set accurate timelines and budgets.
- Fixed-Price agreements: No surprises. We walk your space, set clear expectations, and deliver.
- Community relationships: We work with trusted trades in Homestead and surrounding areas.
Services Available in Homestead
Lifestyle Basement Development
Create the recreation space you’ve always wanted-home theatre, fitness area, wet bar, or family lounge. Typical cost: $48,000-$84,000.
Legal Secondary Suite
Earn rental income while adding value. Homestead zoning permits secondary suites. We handle everything from design to permitting.
Garage Development
Whether new construction or renovation, we build garages that last. Protect your vehicles and add value to your home.
Homestead: Neighbourhood Considerations
Homestead basements sit on clay-based, recently compacted. This soil type generally excavates cleanly and compacts well, but site-specific surveys are always recommended to identify rock, water tables, or utilities.
Common Challenges
Infrastructure still being completed; early contractors essential
Contact OAF early in your ownership or before purchasing. We can assess your property, set budgets, and coordinate with City of Calgary before permitting begins.
Basement development costs vary based on scope. Here’s what to expect in Homestead:
Contact us for a free in-home consultation in Homestead.