If you have been watching the real estate market in South Calgary, you already know the story: inventory is tight. In established lake communities like Mahogany and Auburn Bay, desirable homes, especially those with lake access or backing onto green space, are selling in days. They often sell with multiple offers. For many buyers, the frustration of "competing" for a 10-year-old home has them asking a critical question: Is it better to just wait and build new?
That question has become even more relevant with the announcement of Ricardo Ranch and its flagship community, Nostalgia Townlet. But is pre-construction really the right move for your timeline?
The Resale Option: Luxury Living Right Now
If you need to move in 2026, waiting for a new build might not be an option. This is where Westman Village shines. As the only true "resort-style" community in Calgary, it offers immediate possession on some of the city's most amenity-rich condos.
Unlike a standard resale home where you might worry about replacing a roof or updating a kitchen, Westman Village units (specifically in the Reflection and Calligraphy collections) are modern, concrete-built, and maintenance-free. You get the benefits of "new" (air conditioning, high-end appliances, smart layouts) without the 12 to 18 month construction delay. Plus, you gain immediate access to the 40,000 sq. ft. Village Centre and Chairman’s Steakhouse right at your doorstep.
The Pre-Construction Option: The "European" Dream
On the other hand, if you have a longer timeline (12 to 24 months) or specific design requirements, the upcoming Nostalgia Townlet is worth the wait.
Located just south of Seton, Nostalgia is set to be Calgary’s first true "Townlet." It promises a walkable, European-inspired village centre that rivals anything we have seen in the deep south. By buying pre-construction here, you get:
Choice: Pick your ideal lot (including ridge lots with river valley views).
Customization: Select your finishings and upgrades from day one.
Equity Growth: Historically, buying in "Phase 1" allows you to build equity as the community develops around you.
The Verdict
So, should you wait?
Choose Westman Village if you want a turnkey, maintenance-free lifestyle today with resort amenities.
Choose Nostalgia Townlet if you want to customize a single-family home or luxury townhome and can wait for the vision to come to life.
Still not sure which South Calgary community fits your lifestyle? Explore our complete South Calgary Communities Guide to compare the vibe, amenities, and real estate costs of every neighbourhood in the district.