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Communities We Serve | April 6th, 2025

Why a Land Lease Community Might Be the Perfect Fit for You

If you’re looking for a more affordable way to own your own home without compromising on comfort, privacy, or space, a land lease community could be the perfect solution. While it might be an option you’ve overlooked, many families and empty-nesters are finding land lease communities to be a great alternative to condo or apartment living.

What Is a Land Lease Community?

A land lease community is a unique type of homeownership where you own the house, but the land underneath it is leased. This means you can still enjoy the benefits of having your own space without the hefty price tag of owning land. It’s a solution that gives you the freedom of homeownership, without the high costs and maintenance responsibilities.

Why Consider a Land Lease Community?

  • More Space, Less Hassle: Land lease communities offer single-family homes with private yards and no shared walls, unlike most condo or apartment living. You can have a garage and your own outdoor space, perfect for kids or pets to play. It’s the ideal blend of private living with the convenience of a community.
  • Affordable Homeownership: One of the biggest advantages is the cost savings. Without the burden of buying land, you can invest in a larger or more customized home that fits your lifestyle. Many land lease communities, like Meadows of Morinville, offer affordable homes that still provide all the comfort and style you need.
  • Less Yard Work, More Free Time: In many land lease communities, the upkeep of communal areas is taken care of, meaning less time spent mowing lawns or shoveling snow. You can enjoy your weekends without the stress of home maintenance.

Meadows of Morinville: A Community That Feels Like Home

Located just 15 minutes from Edmonton, Meadows of Morinville offers a perfect balance of suburban charm and modern amenities. Upon completion, the community will have more than 150 spacious lots with beautiful homes designed for today’s families and retirees alike.

You can enjoy nearby parks, trails, schools, and shopping while being part of a welcoming community. Plus, the land lease fees are locked in until 2028, offering stability and peace of mind.

Is Land Lease Living Right for You?

  • Do you want a single-family home with no shared walls? If you’re looking for more space and privacy than a condo or apartment can offer, a land lease home is the way to go.
  • Would you like a yard of your own? Many land lease communities give you the freedom to have a yard and privacy without the hassle of property ownership.
  • Are you looking for savings? If you want to own a home without the high costs of land ownership, a land lease community provides an affordable option.

Build the Home of Your Dreams

Whether you’re looking for a brand-new, move-in ready home or want to customize every detail, Meadows of Morinville gives you the flexibility to choose. You can select from a range of beautifully designed homes or customize your own, ensuring it’s perfect for your needs. From layout to finishes, you have the freedom to create the home you’ve always dreamed of while enjoying all the benefits of land lease living.

Ready to Explore?

Take a tour of Meadows of Morinville today to see if this is the community where you could settle down. Whether you’re thinking about downsizing or need more space for your growing family, our housing consultants are here to help you find the best options to suit your needs and lifestyle.

Learn More About Meadows of Morinville

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