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 20% of absorbed single-detached and semi-detached dwellings (from CMHC data or based on the upper limit of CMHC's First Time Home Buyer Incentive (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 20% of absorbed single-detached and semi-detached dwellings (from CMHC data) or based on the upper limit of CMHC's First Time Home Buyer Incentive (whichever is lower).
Criteria
| Criterion | Weight |
|---|---|
| Innovative Approach to Affordability | 40.0% |
| Exterior and Interior Design | 30.0% |
| Functionality | 20.0% |
| Special Features/Challenges | 10.0% |
| Innovative Approach to Affordability | 40.0% |
| Exterior and Interior Design | 30.0% |
| Functionality | 20.0% |
| Special Features/Challenges | 10.0% |