Hopewell Residential

What Hopewell Residential does

Hopewell Residential (legal entity Hopewell Residential Management LP) is a privately held, Alberta-based residential homebuilder founded in 1990 with operations concentrated in Calgary, Edmonton, Airdrie, and High River. The company develops and sells new-construction homes across multiple home types — duplex, laned, front-garage detached, multi-family, and bungalow villas — within a portfolio of seven-plus master-planned communities including Mahogany, Hotchkiss, Rangeview, Alpine Park, Sawgrass Park, Montrose, Lakeside Grove, Secord, and Élan. Core technical differentiators include the BuiltWell quality sub-brand, Master Builder and EnerGuide certifications, a 1,000+ point quality assurance process with 14 professional inspections, third-party inspections through partner Dweller, R50 attic insulation, triple-pane windows, HRV systems, tankless hot water, and bundled Ecobee smart-home devices (doorbell and Lite thermostat).

Revenue is generated almost entirely through one-time home sales at average selling prices ranging from the high-$400s for entry duplexes to low-$900s+ for premium front-garage product. Two purchase paths are offered: build-from-scratch with customization through a centralized Design Studio, and Quick Possession (move-in ready) inventory carrying promotional discounts of $20K-$50K+. Pricing is presented as all-inclusive with no hidden costs, supported by first-time-buyer incentives such as GST rebate facilitation, $40K in upgrade credits, complimentary washer/dryer, and a $2,500 furniture gift card.

The go-to-market is direct sales, executed through show homes and dedicated sales centres in every community staffed by Customer Experience Specialists, complemented by an online home-search platform, paid remarketing on Google/Meta/Bing, organic social, email capture ($2,000 sign-up incentive), community events, and a broker/realtor ecosystem including One House Real Estate Group, ReMax Southern Realty, Yates Real Estate, and mortgage partners Mortgage Tree, TD, RBC, CMP, ATB Financial, and Invis. Supporting products include Virtuo home concierge (move-in coordination) and a Realtor & Mortgage Partners Program that funds listing fees on customers' existing home sales. Customer segments are diversified across first-time homebuyers, families, move-up buyers, and quick-possession seekers, with no enterprise/B2B concentration. Hopewell has been recognized as a Canada's Best Managed Companies Platinum Club recipient (2026) and was named a finalist in eight BILDCR categories in 2025, with Mahogany winning Community of the Year for the seventh time.

Name

Hopewell Residential

Legal name

Hopewell Residential Management LP

Website

https://hopewellresidential.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Residential Homebuilding

NAICS

New Housing For-Sale Builders (236117), New Single-Family Housing Construction (except For-Sale Builders) (236115), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Single-Family Home Construction (Detached Homes) (IMAFABAA)

akta.pro secondary industries

Residential Green / High-Performance Home Construction (Net-Zero, Passive House) (IMAFABAH), Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Residential homebuilding
• Master-planned communities
• Quick possession homes
• Multi-family construction
• Custom home design

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. New Construction Home Sales: Custom-built homes where buyers select floorplans, finishes, and lot locations. Sales process includes design studio appointments for personalization.
2. Quick Possession Homes: Move-in ready homes with included features and upgrades. Offers immediate occupancy with promotional pricing.
3. Multi-Family Construction: Construction of multi-family residential buildings for those seeking flexible rental opportunities or shared living arrangements.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels10 records

Core offering

Hopewell Residential designs, constructs, and sells single-family homes, duplexes, laned homes, and front-garage homes in master-planned communities across Calgary, Edmonton, Airdrie, and High River, Alberta. The company offers quick possession (move-in ready) homes, multi-family construction, custom design services through its Design Studio, and post-purchase customer support via the Virtuo Home Concierge program, with an emphasis on BuiltWell-certified, energy-efficient construction.

Product overview

Hopewell Residential is a residential home builder operating in Calgary and Edmonton, Alberta, with over 35 years of experience. The company offers two primary home purchasing paths: build-from-scratch custom homes and quick possession (move-in ready) homes. Their product portfolio includes multiple home types—duplex, laned, and front-garage homes—across seven master-planned communities (Mahogany, Hotchkiss, Sawgrass Park, Montrose, Rangeview, Alpine Park, and Lakeside Grove). The BuiltWell program provides quality assurance through certified EnerGuide construction and third-party inspections. Supporting services include a Design Studio for finish customization, Virtuo Home Concierge for moving assistance, and a network of preferred mortgage and realtor partners. The Hopewell Advantage program delivers upfront pricing and dedicated customer experience specialists throughout the buying process.

Differentiator

Problem solved

Functional benefit

Brands

• BuiltWell: A quality certification and standards program by Hopewell Residential that encompasses craftsmanship, thoughtful design, and included features. BuiltWell homes include energy-efficient features, smart home technology, and quality construction standards.

Products and services

• Single-family homes Detached single-family homes in various styles including laned homes and front-garage homes, available in master-planned communities across Calgary, Edmonton, Airdrie, and High River, Alberta. Built to BuiltWell quality standards with energy-efficient features.
• Duplex homes Semi-detached duplex homes available in select Hopewell master-planned communities in Alberta, providing two-unit configurations with BuiltWell quality construction.
• Quick possession homes Move-in ready homes that are completed or near completion, allowing buyers to take occupancy without waiting through the full new construction cycle. Available across Hopewell's Alberta master-planned communities as inventory allows.
• Multi-family construction Construction of multi-family residential buildings including townhomes and condominium projects as part of Hopewell's broader residential development portfolio in Alberta communities.
• Design Studio home customization In-studio home design service allowing buyers to personalize floor plans and select finishes, fixtures, and materials for their new home, guided by design consultants through a structured selection process.
• Virtuo Home Concierge Post-purchase customer service program providing new homeowners with concierge support after taking possession of their Hopewell home, including guidance on home operation, warranty support, and ongoing service needs.
• Master-planned community development Development of integrated master-planned residential communities including land planning, infrastructure, amenities, and home construction across communities such as Mahogany, Hotchkiss, Sawgrass Park, Montrose, Rangeview, Alpine Park, and Lakeside Grove in Alberta.

Quantifiable outcome

• GST rebate savings of up to $50,000 for first-time buyers on homes under $1M
• +5 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

Feature5 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Inn from the ColdminorOthers · 7 November 2025Charitable partnership for inaugural 'Toys for Hope' toy drive. Donations collected in all Calgary show homes from November 8 to December 8, supporting vulnerable families in local communities.
• VirtuocoreImplementation/ SI/ Consulting PartnerVirtuo provides complimentary Home Concierge services to Hopewell buyers, coordinating movers, utilities transfer, Canada Post mailbox registration, and move-related tasks to ensure stress-free transitions into new homes.
• One House Real Estate Group (Danny James and Chad Kon)coreChannel Partner/ Reseller/ DistributorPreferred realtor partners serving Mahogany, Hotchkiss, and Rangeview communities. Hopewell pays listing fees for customers selling existing homes through this partner, offering approximately 50% savings in realtor fees.
• ReMax Southern Realty (Laura Stretch)coreChannel Partner/ Reseller/ DistributorPreferred realtor partner serving High River/Montrose community. Offers complete home marketing package including staging consultation and expert photography with listing fee savings for Hopewell customers.
• Yates Real Estate (Heather Yates)coreChannel Partner/ Reseller/ DistributorPreferred realtor partner serving Airdrie/Sawgrass Park community. Offers listing fee savings and home marketing expertise for Hopewell customers selling existing properties.
• Mortgage Tree (Troy Champ)coreChannel Partner/ Reseller/ DistributorPreferred mortgage partner offering unparalleled availability, quick turnaround, and access to large network of lenders. Specializes in new construction mortgage planning with extended rate holds.
• TD Bank (Amber Stretch)coreChannel Partner/ Reseller/ DistributorMobile Mortgage Specialist at TD Bank specializing in planning new home purchases and mortgage transfers for Hopewell customers.
• Royal Bank of Canada (Mennie Mann)coreChannel Partner/ Reseller/ DistributorMortgage Specialist at RBC specializing in first-time home buyers and newcomers to Canada, offering expertise in qualifying for new construction purchases.
• CMP (Bob Reader)coreChannel Partner/ Reseller/ DistributorCanadian Mortgage Pro specializing in navigating complex mortgage processes with simple explanations for Hopewell customers.
• ATB Financial (Nicky Olson)coreChannel Partner/ Reseller/ DistributorMortgage Specialist at ATB Financial providing complementary client coaching sessions to help conquer credit concerns and qualification challenges.
• DwellercoreTechnology or IntegrationThird-party inspection company that independently inspects Hopewell homes before move-in day to ensure they meet or exceed Alberta's construction standards.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Shane Homes: Long-standing Calgary-based homebuilder offering single-family, laned, and duplex homes in master-planned communities. Overlaps directly with Hopewell's product mix, pricing tiers, and geographic footprint across the Calgary region.
• Jayman BUILT: Calgary-based builder known for energy-efficient and green-built homes, with communities serving first-time and move-up buyers. Strongly comparable to Hopewell's BuiltWell and EnerGuide positioning and overlapping Calgary geography.
• Cedarglen Homes: Calgary-area builder focused on starter and move-up homes in southeast communities. Compares to Hopewell on duplex, laned, and front-garage inventory at similar price points.
• Trico Homes: Calgary homebuilder operating in similar master-planned community format with comparable single-family, laned, and villa product lines. Direct competition in the starter and move-up buyer segments.
• Brookfield Residential: One of the largest residential builders in Alberta, operating master-planned communities in Calgary and Edmonton. Directly competes with Hopewell on for-sale single-family and multi-family homes with overlapping geographies, customer segments, and energy-efficient construction standards.
• Excel Homes: Calgary-area builder offering single-family, duplex, and laned homes in master-planned communities with comparable price band from the high-$400s upward. Comparable to Hopewell on entry-level first-time buyer focus.
• Homes by Avi: Calgary-area builder offering single-family and multi-family homes in master-planned communities. Overlaps with Hopewell on customer segments, product types, and the first-time buyer incentive focus.
• Landmark Homes (Alberta): Edmonton-based builder with show homes across multiple Alberta master-planned communities. Directly comparable in product variety, energy-efficiency messaging, and Edmonton/Calgary regional presence.
• Qualico (Calgary Region): Major Western Canadian homebuilder with significant Calgary and Edmonton operations across multiple sub-brands. Competes with Hopewell across master-planned communities, single-family, and multi-family product lines.

Broad incumbents

• Mattamy Homes (Canada): Canada's largest privately-held homebuilder with operations across multiple provinces including Alberta. Comparable business model of master-planned community development and first-time buyer positioning, though broader geographic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hopewellcommunities
• LinkedInca.linkedin.com/company/hopewell-residential
• Instagraminstagram.com/hopewellresidential
• Xx.com/HopewellRes

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hopewell Residential