Buyer tool · Comparison
Ellison Landing vs Predator Ridge resale
Many buyers who start at the Ellison Landing showhome end up buying resale elsewhere at Predator Ridge, and some resale shoppers end up building new. Here is an honest way to decide, with a calculator that puts the two side by side.
- Sheet
- 06 / 17
- Updated
- September 2026
- By
- Sean Phillips, REALTOR®
Tool
Compare the up-front cash
Enter a new home and a resale home you’re weighing. Defaults use a listed Woodside price and an illustrative resale price; replace them with real ones.
Example with the default inputs
- New: $1,465,000 + GST $73,250 + PTT $27,300 + extras $15,000
- $1,580,550
- Resale: $1,250,000 + PTT $23,000 + updates $40,000 + review $1,500
- $1,314,500
- Difference
- $266,050
Turn on JavaScript to compare your own numbers.
Estimate only, not financial, legal or tax advice.
Side by side
What you get, and give up, either way
| Factor | Ellison Landing (new) | Predator Ridge resale |
|---|---|---|
| Published prices | $1,399,000–$1,995,000 move-in-ready; custom homes “from $1.4M” | 73 listings on 23 Sep 2026, about $70K–$3.8M: 23 houses, 22 condos, 15 townhomes (Zolo.ca count) |
| GST | 5%; first-time buyer rebate only below $1.5M | Usually none |
| Transfer tax | Full PTT; newly built exemption ends at $1.15M | Full PTT on the price |
| Warranty | New 2-5-10 (BC Housing) | Remaining term only, if any |
| Cooling-off | 7 days under REDMA, if it applies, at no cost | 3 business days, costs 0.25% of price |
| Energy | BC Energy Step Code 4, 16 SEER heat pump | Varies with age (neighbourhoods built 1999–2025) |
| Possession | Now, or Spring 2027 for three Woodside homes | Usually 30–90 days |
| Choice | Pick lot, plan and finishes (homesites) | What’s on the market |
| Fees | Not yet published; Outlook’s estimate was $95/mo plus landscaping from $250/mo | Community fee plus strata fees that vary by complex |
| Negotiation | Developer price lists; incentives vary | Market-driven; North Okanagan sale-to-list 94.3% in Aug 2026 |
Costs people forget on each side
Buying new
- GST on the lot and the build, if you go custom
- Landscaping, fencing, window coverings and garage finishing, if not included
- Carrying your current home until completion
- Upgrades chosen at the design centre
- Community, landscape and possibly strata fees from completion
Buying resale
- Roof, windows, mechanical systems and appliances nearing end of life
- Special levies if a strata’s reserve fund is thin
- Renovation approvals and contractor wait times
- Higher heating and cooling costs in older, less efficient homes
- The 0.25% fee if you use the three-day rescission period
A Vale example
At the top of the range the gap widens. A Vale home at $1,995,000 plus GST carries about $99,750 in GST and $37,900 in transfer tax, for roughly $2,132,650 before legal fees. A golf-front resale at the same list price would carry the same transfer tax but usually no GST, so the new home costs about $100,000 more for the same headline price. What that premium buys is a new home, a full warranty, modern systems and, per the developer, the last new golf frontage the resort will sell. Whether that is worth $100,000 is a personal call, and it’s the right question to ask.
When Ellison Landing is the better buy
- You want single-level living with modern systems. Rancher plans with no interior stairs, heat pumps, radon mitigation and MERV 15 air filtration are hard to find together in older homes.
- You’d renovate a resale home anyway. Once a resale home needs a new kitchen, flooring and mechanical work, the GST gap narrows quickly, and renovations at Predator Ridge also mean design approvals and contractor schedules.
- You value the warranty. Five years of building-envelope coverage and ten years structural are worth real money on a house in the $1.5 million range.
- You want the last golf frontage. If Vale really is the final golf-front release, no future new supply will compete with your home on that feature.
- Your timing fits a build. A Spring 2027 completion gives you time to sell your current home without rushing.
When resale is the better buy
- You’d rather keep GST in your pocket. On a $1.5 million home, 5% is $75,000 you don’t pay on most resales.
- You need to move soon. Resale possession dates are negotiated with you, not set by a construction schedule.
- Your budget is under $1.4 million. Most of Predator Ridge’s townhomes, condos and many houses sit below Ellison Landing’s entry price.
- You want a finished street. No construction traffic, mature trees and established neighbours.
- You want a view Ellison Landing doesn’t offer. Some older neighbourhoods have big Okanagan Lake views.
Sean represents buyers on both sides of this decision, so he has no reason to steer you to either one. Browse current Predator Ridge resale homes and neighbourhood profiles, or ask him to set up a saved search that covers both.
Questions? Call or text Sean. 778-363-0542 (cell) · 604-227-4810 (Info Hotline) · chaletsean@gmail.com
Questions? Call or text
Talk it through before you sign anything
Sean Phillips is a REALTOR® with Coldwell Banker Executives Realty in Vernon. He is not part of the developer’s sales team, so his job is to look after you: compare homesites and plans, read the disclosure statement with you, check the GST and transfer tax numbers, and weigh Ellison Landing against resale homes at Predator Ridge.
778-363-0542Sean’s direct cell · call or text
604-227-4810Info Hotline
Predator Ridge resale homes to compare
Live listings, refreshed through the day.
$1,789,900101 Diamond Way, Vernon4 bed · 3 bath · 2,968 sq ftResidential · MLS® 10401485
Listed by Re/Max Vernon Salt Fowler
$2,799,900188 Wildsong Crescent, Vernon4 bed · 3 bath · 3,777 sq ftResidential · MLS® 10400141
Listed by Macdonald Realty
$915,000153 Mashie Crescent, Vernon3 bed · 2 bath · 1,561 sq ftResidential · MLS® 10399247
Listed by Sotheby's International Realty Canada
$1,225,000159 Dormie Park Crescent, Vernon4 bed · 3 bath · 2,565 sq ftResidential · MLS® 10399486
Listed by Sotheby's International Realty Canada
$3,595,000602 Falcon Point Way, Vernon4 bed · 7 bath · 5,305 sq ftResidential · MLS® 10398517
Listed by Rockridge Real Estate Company
$1,895,00075 Predator Ridge Drive 606, Vernon2 bed · 2 bath · 1,490 sq ftCondo · MLS® 10397595
Listed by Macdonald Realty
See all 30 homes for sale on the live map
Listings from the Association of Interior REALTORS® MLS® System, updated Sep 29, 2026, 1:15 a.m. (Pacific). Information is deemed reliable but not guaranteed and should be independently verified. Listing brokerage shown on each card. The trademarks MLS®, Multiple Listing Service® and REALTOR® are controlled by The Canadian Real Estate Association (CREA). Presented by Sean Phillips, REALTOR®, Coldwell Banker Executives Realty.