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Devon, Alberta · New construction
New Construction Homes in Devon: A Buyer's Guide (2026)
What's for sale now, what new homes have sold for, and what I check before a buyer signs.
Photo is illustrative, not of Devon.
By Jay Lewis, REALTOR® | RE/MAX Excellence
25+ years in new construction, trades and sales · Updated October 2026 · About me
Short answer: Devon is a small market for new homes. On Oct 3, 2026 there were 4 new detached family homes for sale, and 3 sold in the previous 90 days for $574,999 to $657,500. With so few sales there is no reliable average, so I price each home against recent sales here and in nearby communities. Prices change often with market conditions and world events.
4
New homes
for sale
for sale
3
Sold in
90 days
90 days
$575K
Lowest sold
price (90 days)
price (90 days)
$580K
Median
sold price
sold price
$278
Median price
per sq ft
per sq ft
Market numbers: REALTORS® Association of Edmonton MLS® data pulled by Jay Lewis on Oct 3, 2026. Detached homes with 3 or more bedrooms above grade, 2 or more full baths and an ensuite. New construction means the listing's Occupancy is New/Never Occupied. Sales are for the previous 90 days. Small samples swing a lot, so treat these as a guide and not a valuation. Prices change often with market conditions and world events.
New homes for sale in Devon
Homes built in 2026, updated from the MLS® System. Text me the one you like and I'll tell you what I know about it before you visit the show home.
The listings above are filtered by year built. My numbers on this page use the MLS® Occupancy field (New/Never Occupied), which is the stricter test, so the two won't match exactly.
New construction or resale in Devon?
Detached family homes, side by side.
| New construction | Resale | |
|---|---|---|
| For sale | 4 | 8 |
| Sold in the previous 90 days | 3 | 1 |
| Months of supply | Too few sales | Too few sales |
| Median sold price | $580,000 | $787,000 (one sale) |
| Median price per square foot | $278 | $273 |
| Median size of homes sold | 2,156 sq ft | 2,881 sq ft |
| Median days on market before selling | 188 | 15 |
Source: REALTORS® Association of Edmonton MLS® data pulled by Jay Lewis on Oct 3, 2026. Detached homes with 3 or more bedrooms above grade, 2 or more full baths and an ensuite. New construction means the listing's Occupancy is New/Never Occupied. Sales are for the previous 90 days. Small samples swing a lot, so treat these as a guide and not a valuation. Prices change often with market conditions and world events. Months of supply is homes for sale divided by monthly sales: under about 4 favours sellers, over about 6 favours buyers.
New homes by price in Devon
New detached family homes, by current list price and by sold price.
| Price range | For sale now | Sold in 90 days |
|---|---|---|
| Under $400,000 | 0 | 0 |
| $400,000 to $550,000 | 0 | 0 |
| $550,000 to $700,000 | 4 | 3 |
| $700,000 and up | 0 | 0 |
Source: REALTORS® Association of Edmonton MLS® data pulled by Jay Lewis on Oct 3, 2026. Detached homes with 3 or more bedrooms above grade, 2 or more full baths and an ensuite. New construction means the listing's Occupancy is New/Never Occupied. Sales are for the previous 90 days. Small samples swing a lot, so treat these as a guide and not a valuation. Prices change often with market conditions and world events.
Is there room to negotiate?
With 4 new homes for sale and 3 sold in 90 days, the numbers are too small to call this a buyer's or a seller's market. What matters is the individual home: how long it has been listed, what is included, and what similar homes sold for nearby. 3 of the 4 had been listed for more than 90 days.
I compare any new home against two things before you offer: other new homes nearby, and a resale home that's already landscaped, fenced and finished. The cheaper sticker price is often not the cheaper home.
What I check on a new build in Devon
I've worked in new construction for 25+ years, on the trades side and the sales side. I'm not a home inspector, engineer or lawyer, and I'll tell you when you need one.
What's in the price
GST, landscaping, fencing, the deck, appliances and blinds are handled differently by each builder. I line up the all-in cost so you can compare homes fairly.
The lot
Grading and drainage, what's planned behind and beside you, lane or front garage, and whether you're paying a premium for the lot. See what a lot premium is.
The paperwork
Possession dates, deposit terms, and the walkthrough before you take the keys. Every new home in Alberta has warranty coverage of at least 1 year for labour and materials, 2 years for delivery and distribution systems, 5 years for the building envelope and 10 years for major structural components.
A finished home you can move into soon is a different purchase from one that hasn't been started. I explain the difference in what a quick possession home is, and the full process is in my Edmonton New Construction Buyer's Guide.
Free download: my New-Construction Buyer Checklist. Two printable pages, from your first show home visit to your one-year warranty.
What my clients say
5.0 stars from 78 Google reviews (September 2026).
“What drew me to Jay Lewis is his previous experience as a homebuilder which I think is a great asset to have when navigating the housing market. … We could not have asked for a better person and team to help us find our first home!”
Erik D. · Google review
“Jay has and continues to be a wealth of knowledge in the industry. With a background in construction, he was an absolute pleasure to work with!”
Andrew C. · Google review
“He listened to our needs and provided honest advice. … We couldn't be happier with our new home and highly recommend Jay to anyone buying or selling!”
Lee F. · Google review
“The relationship doesn’t end when the deal closes and that’s why we recommend Jay to everyone!”
TJ R. · Google review
Frequently asked questions
How much does a new home cost in Devon?
In the 90 days before Oct 3, 2026, 3 new detached family homes sold in Devon for $574,999 to $657,500. That is too few sales for a reliable average. Prices change often with market conditions and world events.
Are there many new homes for sale in Devon?
No. On Oct 3, 2026 there were 4 new detached family homes listed. If you want more choice, compare with the larger communities nearby.
Is GST included in the price of a new home in Devon?
Ask each builder and get the answer in writing. Many builders advertise prices with GST included, but not all do, and the wording matters.
Do I need my own REALTOR® to buy a new home in Devon?
It is not required, but the show home staff work for the builder. Many builders require your REALTOR® to be introduced on your first visit, so text me before you go.
Looking at new homes in Devon?
Text me first at 780-220-8449, or book a 20-minute call. I'll tell you which homes have been sitting, what's included in each price and what I'd offer. No pressure.
More: Devon real estate guide · All community guides · Homes by price around Edmonton · New construction in Spruce Grove
Jay Lewis | REALTOR® | RE/MAX Excellence. Sources: REALTORS® Association of Edmonton MLS® data; Government of Alberta new home warranty overview. General information only, not legal, tax or mortgage advice.
Jay Lewis
REALTOR® | RE/MAX Excellence
201, 5607 - 199 Street NW
Edmonton, AB, T6M 0M8