Description
To recognize excellence in the architectural qualities of new homes that are designed and built to be affordable to those entering the housing market (e.g. marketing to first-time buyers, new Canadians, etc.) including overall exterior and interior design, use of building forms and materials, creative use of space, functionality of floor plan, and overall appeal to the entry-level home market. Homes entered into this category must have a list price that does not exceed the maximum list price for their geographic region as indicated in this chart, which is based on the lowest 25% of 2023 CMHC data on absorbed single-detached and semi-detached dwellings, or cheapest monthly bottom quintile over the past 12 months (whichever is lower).
Requirements
Homes entered into this category must have a list price that does not exceed the maximum list price for their geographic region as indicated in this chart, which is based on the lowest 25% of 2023 CMHC data on absorbed single-detached and semi-detached dwellings, or cheapest monthly bottom quintile over the past 12 months, whichever is lower.
Criteria
| Criterion | Weight |
|---|---|
| Special Features/Challenges | 10.0% |
| Functionality | 20.0% |
| Exterior and Interior Design | 30.0% |
| Innovative Approach to Affordability | 40.0% |