cedar ridge homes

What cedar ridge homes does

Cedar Ridge Homes is a privately held, locally owned residential home builder founded circa 2004 and headquartered in Lethbridge, Alberta, Canada. The company designs, constructs, and sells new single-family residences — both move-in-ready inventory homes and fully custom builds — and operates within five master-planned Lethbridge communities: Crossings, Legacy Ridge, The Canyons, Riverstone, and Garry Station. A floorplan library of more than 50 models spans bi-level, bungalow, two-storey, and suited designs ranging from approximately 995 to 3,331 square feet, with disclosed entry pricing from $599,900 (Caspian) to $709,900 (Lillian), and a Show Home Leaseback example priced at $819,900.

The business is built around three go-to-market motions. First, direct sales through a multi-community showhome network with scheduled open houses and a dedicated sales line and email channel; second, a custom-home design service that includes complimentary drafting, a dedicated in-house interior designer, fixed-price contracts, and ongoing construction walk-throughs; and third, a recently launched December 2025 Show Home Leaseback Program in which investors purchase a show home and lease it back to Cedar Ridge for 6 to 12 months at a 6% annual return. Energy-efficient systems are included as standard, and featured partnerships with The Kitchen Centre, Granite Rocks Ltd., and Design Lighting Home & Decor integrate cabinetry, stone surfaces, and lighting into the showroom and design-selection experience.

Cedar Ridge is not venture- or private-equity-backed, operates without a parent company or subsidiaries, and serves a horizontal B2C segment spanning first-time buyers (with messaging tied to the Canadian federal GST rebate), families, custom-home clients, and a small investor cohort via the leaseback program. The company has earned four regional BILD awards in 2018 (Best Condo Development, Best Custom Home, and two Best Move-In Ready awards) and has not publicly disclosed revenue, headcount, or fundraising activity.

Name

cedar ridge homes

Legal name

Cedar Ridge Homes

Website

https://cedarridgehomes.ca

Company type

Private

Founded year

2004

Operating status

Operating

Short description

Cedar Ridge Homes is a privately owned Lethbridge, Alberta home builder that constructs and sells move-in-ready and custom-built new residential homes across five local master-planned communities for first-time buyers, families, and investors.

Ownership category

akta.pro rank

Product category

Residential Home Construction

NAICS

New Housing For-Sale Builders (236117), New Single-Family Housing Construction (except For-Sale Builders) (236115), Residential Building Construction (2361)

akta.pro primary industry

Custom Home Building (IMAFABAC)

akta.pro secondary industries

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE), New Construction & Builder Sales (BPAJAAAB), Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)

Keywords

• Residential home construction
• Custom home building
• Move-in ready homes
• Master-planned communities
• Show home leaseback

Headquarters

HQ city

Lethbridge

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. New Home Sales: Construction and sale of new residential homes including both move-in ready inventory homes and custom-built homes. Revenue generated from base home prices plus customization options and upgrades.
2. Show Home Leaseback Program: Investors purchase show homes and lease them back to Cedar Ridge for 6 months to 1 year while operating as professionally marketed show homes. Company pays 6% lease rate on purchase price (approx $4,095/month on $819,900 home).

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Cedar Ridge Homes constructs and sells new residential single-family homes in Lethbridge, Alberta. Core offerings include pre-built move-in ready inventory homes, a library of customizable floor plans (bi-level, bungalow, two-storey, and suited), and full-service custom home building with lot selection, design, drafting, construction, and walkthrough services. The company also offers an investor Show Home Leaseback Program where buyers purchase a showhome and lease it back to Cedar Ridge at a 6% annual return while it is marketed as a showhome.

Product overview

Cedar Ridge Homes is a locally owned and operated home builder based in Lethbridge, Alberta with over 20 years of experience. The company operates as a single unified offering centered on residential home construction, encompassing three core service lines: Move-In Ready Homes (pre-built inventory in established communities), Custom Home Building (full-service design-to-possession experience), and a Show Home Leaseback Program (investment product). The company builds across five master-planned communities in Lethbridge: Crossings, Legacy Ridge, The Canyons, Riverstone, and Garry Station. Their floorplan library contains over 50 distinct models spanning bi-level, bungalow, two-storey, and suited designs, ranging from approximately 995 to 3,331 square feet. All offerings include features such as fixed-price contracts, dedicated sales and design teams, transparent upfront pricing, and complimentary drafting for custom plans.

Differentiator

Problem solved

Functional benefit

Products and services

• Move-In Ready Homes Pre-built new construction homes available for immediate occupancy. Includes multiple floor plan models (Caspian, Marigold, Phoenix, Lillian) at base prices from $599,900 to $709,900, offered across the company's Lethbridge communities for individual homebuyers seeking quick possession.
• Floorplan Library Collection of customizable home floor plans including bi-level, bungalow, two-storey, and suited designs ranging from approximately 995 to 3,331 square feet. Plans can be modified or used as a basis for a fully custom design, targeted at individual homebuyers seeking a tailored home.
• Custom Home Building Full-service custom home building experience covering lot selection, plan drafting, design selections, construction, and walkthroughs. Features a dedicated sales team, in-house interior designer, complimentary custom drafting, and fixed-price contracts for individual homebuyers wanting a personalized home.
• Show Home Leaseback Program Investment program where buyers purchase a Cedar Ridge showhome and lease it back to the company for 6 months to 1 year, earning a 6% annual return on the purchase price while the home operates as a professionally marketed showhome. Example: an $819,900 home generates approximately $4,095 per month in lease income.
• Available Homes and Lots Inventory listing of move-in ready and under-construction homes for sale, plus available lots for custom builds, organized by community.

Quantifiable outcome

• Save up to $50,000 with GST rebate on homes up to $1 million
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• The Kitchen CentrecoreStrategic or Co-development PartnerFeatured Showhome Partner known for helping homeowners realize their vision without compromise. Offers timeless wood cabinetry to sleek modern finishes, with exceptional selection of materials, door styles, and custom colour options. Works with leading countertop brands including granite, quartz, and laminate, and sources premium hardware from Richelieu, Blum, and Berenson.
• Granite Rocks Ltd.coreStrategic or Co-development PartnerTrusted stone surface partner in Penticton and Lethbridge. Offers complimentary in-home design consultations, expert guidance, precise templating once cabinetry is installed, and friendly installation typically within two weeks. Delivers durable, beautiful stone solutions for residential and commercial projects.
• Design Lighting Home & DecorminorStrategic or Co-development PartnerPreferred lighting partner serving Lethbridge and surrounding areas for over 50 years. Brings exceptional product knowledge, curated selection of on-trend and timeless fixtures, and guidance to help clients choose lighting that fits their home. Known for reliable timelines, strong value, and on-budget solutions.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Bedrock Homes: Lethbridge-based residential home builder operating in the same Southern Alberta market as Cedar Ridge, offering move-in ready and custom homes in comparable master-planned communities. Most directly comparable competitor due to overlapping geography and product mix.
• Vesta Homes: Lethbridge-based home builder with focus on move-in ready and custom homes across multiple Southern Alberta communities. Closely comparable in scale, product offering, and target customer segments.

Broad incumbents

• Sterling Homes: One of Alberta's largest residential homebuilders, headquartered in Calgary with operations across multiple Alberta markets. Comparable product offering (single-family, custom, move-in ready) at meaningfully larger scale than Cedar Ridge.
• Jayman Built: Major Alberta homebuilder with broad portfolio of new home offerings across Calgary and surrounding markets. Larger regional incumbent with overlapping customer base and similar product categories.
• Shane Homes: Established Calgary-area homebuilder offering single-family and custom homes across multiple master-planned communities. Comparable product mix with greater geographic reach and scale.
• Homes by Avi: Calgary-based homebuilder with operations across multiple Alberta markets, offering move-in ready and custom homes. Comparable in product type and customer segments at larger scale.
• Broadview Homes: Alberta homebuilder offering single-family homes in master-planned communities, with similar product positioning and customer base to Cedar Ridge but broader geographic footprint.
• Trico Homes: Calgary-based homebuilder operating across multiple Alberta communities with comparable move-in ready and custom home offerings. Larger regional player with overlapping customer segments.
• Mattamy Homes: Canada's largest privately-owned homebuilder with operations across multiple provinces including Alberta. Comparable in product category (new home construction for sale) at national scale.

Regional players

• Pacesetter Homes: Alberta homebuilder with operations in multiple markets, offering comparable product types (single-family, custom, move-in ready). Operates regionally with similar product positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC1rYaBEtCpSWYREEdc3A1fQ
• Facebookfacebook.com/cedarridgeleth
• Instagraminstagram.com/cedarridgeleth

Compliance3 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 cedar ridge homes