(By Manjot Singh, REALTOR® - Trusted Winnipeg Realtor | WinMax Real Estate Ltd.)
Buying a brand-new or under-construction home in Winnipeg in 2025 is one of the most exciting decisions you can make - whether you're a first-time buyer or an investor looking for infill duplexes, triplexes, or four-plexes.
But the process differs from buying a resale home. This step-by-step guide walks you through everything you need to know - from researching builders to final possession.
Step 0: Choose Your Location & Product Type
Winnipeg offers a mix of new-community developments and infill opportunities.
North Winnipeg Developments
- Aurora at North Point
- Highland Pointe
- Castlebury Meadows
East Winnipeg Developments
- Devonshire Park
- Summerlea
- Canterbury Crossing
- Sage Creek
- Bonavista
South Winnipeg Developments
- Prairie Pointe
- Bison Run
Infill Neighbourhoods (for duplex/triplex/four-plex buyers)
St. Vital | Fort Garry | River Heights | St. James | East, West & North Kildonan | Transcona
New communities offer new infrastructure and larger lots; infill areas provide mature trees, walkable amenities, and high resale and rental potential.
Step 1: Understand What “New Build” or “Under Construction” Means
- Pre-construction: Sold before the foundation is poured - you choose lot, layout, and finishes.
- Under construction: Work already started, allowing some customization before completion.
- Recently completed: Move-in-ready and never occupied.
Many infill duplex or triplex buyers purchase mid-construction to lock in price and finish choices.
Step 2: Research the Builder and the Development
Not all builders deliver the same quality or timelines. Research carefully before committing.
How to Research a Builder
- Check online reviews and testimonials
- Visit past projects and assess workmanship
- Verify the builder's record with local boards
- Read forums or social-media feedback
- Confirm registration with the New Home Warranty Program of Manitoba
Also review the development's growth potential - schools, retail plans, and transit routes influence future value. Visiting several show homes helps you gauge craftsmanship and floor-plan flow.
Step 3: Compare Floor Plans & Standard Features
Once you've shortlisted builders or projects, compare their offerings side by side.
Key Considerations
- Room sizes and layout flow for your needs
- Open vs closed concept designs
- Bedroom and bathroom count for future growth
- Kitchen functionality and storage
- Standard features vs optional upgrades
Ask each builder for a specification sheet to see exactly what's included in the base price.
Step 4: Customize Your Home & Select Upgrades
Personalization is one of the biggest advantages of buying new.
Common Customization Options
- Flooring materials (laminate, vinyl plank, carpet)
- Cabinetry & countertops styles and materials
- Lighting fixtures & electrical enhancements
- Exterior finishes and colours
- Smart-home and energy-efficient features
Upgrades add comfort and resale value - just keep your priorities and budget in balance.
Step 5: Understand Pricing & Payment Structure
Pre-construction homes use staged payment plans rather than one-time deposits.
Typical Structure
- Initial Deposit - 5 to 10 % upon signing
- Staggered Payments - 10 to 15 % across milestones
- Final Payment - balance on closing
Additional Costs to Consider
- Development & closing fees
- Land transfer tax and property tax adjustments
- Mortgage rate changes before completion
- Interim occupancy fees (for condos)
Ask your lender to explain draw mortgages or extended pre-approvals if completion exceeds one year.
Step 6: Review the Purchase Agreement Carefully
Your builder's contract will differ from an MLS® resale offer - review it line by line.
Key Clauses to Watch For
- Cooling-off period (if applicable)
- Estimated occupancy dates and possible delays
- Hidden fees (development charges, utility hook-ups)
- Assignment clause - rights to resell before closing
- Warranty coverage (New Home Warranty Manitoba)
- Deposit structure and payment schedule
- Escalation clauses (material cost adjustments)
Important Conditions to Include
- Lawyer review condition - have your lawyer check for hidden clauses
- Financing condition - confirm approval matches builder timelines
Step 7: Plan for Delays & Market Fluctuations
Construction schedules can shift because of weather, permits, or supply shortages.
Be Prepared:
- Keep a flexible move-in date
- Budget for temporary housing if needed
- Extend mortgage rate holds when possible
Also monitor interest-rate and market trends during the build period; a long project could span multiple Bank of Canada decisions.
Step 8: Monitor Progress & Inspections
Visit the site periodically (with builder permission).
Before possession, book an independent home inspection to verify:
- HVAC, plumbing & electrical compliance
- Foundation and grading quality
- Insulation and window sealing
Document any deficiencies for builder repair prior to closing.
Step 9: Possession Day
Builders provide a target possession date early in the process and a firm date 45–60 days prior to completion.
Additional Considerations
- Name changes: Some builders allow name updates on possession (verify in contract).
- Builder contract forms: Most Winnipeg builders require their own purchase agreement format - always review carefully with your REALTOR® and lawyer.
On closing day, your lawyer confirms title transfer and funds release once all permits are approved.
Step 10: After Possession & Warranty Follow-Up
- Track minor issues and submit a deficiency report within the first year.
- Review your builder's maintenance manual for furnace and HRV care.
- Keep copies of warranty and inspection records for future resale.
If you bought an infill duplex/triplex, confirm suite licensing and zoning compliance for future rentals.
Step 11: Build Equity & Plan Your Next Move
By buying in 2025, you're locking in today's pricing before Winnipeg's next growth cycle.
Neighbourhoods such as St. Vital, Fort Garry, River Heights, St. James, East/West/North Kildonan, and Transcona continue to see strong rental demand and land appreciation for duplex and triplex projects.
Your new home is not just a place to live - it's an asset that can help you build wealth and financial security.
Ready to Find Your New Home or Infill Project?
Whether you're looking for a brand-new community home or a custom duplex under construction, I can guide you from lot selection to final walkthrough.
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