Town House Living in Cochrane
Like a moth to a flame, the Town of Cochrane draws people who love living on the doorstep to the Rockies. On a clear day, you can almost reach out and touch the mountains. People love the lifestyle of a smaller centre and access to the highway west. Nestled along the Bow River Valley, people who choose Cochrane also love the view.
One of the best Cochrane communities for views across the valley is Sunset Ridge on the north side of the town. This neighbourhood is still evolving and is where home buyers looking to economize on price or even on space will find some fantastic new multi-family developments.
That includes exciting townhome developments with no monthly condo fees which are perfect for the home buyer that loves the outdoors and recreation in the mountains. That’s because some of the newer townhome developments have big garages and lots of space for as many as three vehicles. And where you have a garage, you have storage for items such as kayaks, skis and snowboards, camping gear, bikes and snowshoes. All the big toys people have for weekend fun in the Rockies.
Many of these new lifestyle town homes are located on Sundown Road in the Sunset Ridge neighbourhood. No condo fees in some of the development mean that new home buyers must maintain their own yard and the exterior of their home. With no condominium board dictating rules home owners have more freedom and lower monthly expenses.
Excel Homes has a sales centre open and are offering a variety of floor plans. Three and four-bedroom town homes with two-and-a-half bathrooms with several types of garage orientations. Final build-out is scheduled for later this year. For those looking to buy in Cochrane, a professional real estate agent can include this on your tour of homes.
There are many builders participating in this new community north of Highway 1A high above the town.
Why Purchase a Town Home
Buyers often come to a smaller centre outside the big city because they are choosing a lifestyle as well as a location. Often, property taxes are less and land values are less so housing ends up being less in a smaller centre. Combine these aspects of small town living with the economy of living in a town home and it’s a win win for many home buyers.
Town homes are less expensive than single-family homes because they are less expensive to build because they share walls on one or both sides. They may or may not have a basement which will affect the final purchase price. Cheaper construction costs mean that often builders can put upgrades in a town home without significantly raising the final purchase price. Quartz and granite counter tops, high-end appliances, quality hardwood floors etc.
A town home is ideal for the first-time buyer. The smaller price tag often means it’s easier to quality to purchase an attached property and allows an entry level buyer to start building equity in their home. Eventually that equity can be leveraged to move up to a larger home as demands for space grow. For the first-time buyer that has all the space he she or they require than paying off the property is often the goal and can be achieved more quickly in a town home
Because there’s a certain amount of density in a town home development, there’s more security. More eyes on the parking areas, more eyes on the street and on your home which decreases the opportunity for vandalism and prowling. While lots of people come to Cochrane because they’re looking for neighbourliness and safety, no community is immune from contemporary society and many buyers like the “safety in numbers” philosophy.
A professional real estate agent can guide you through the ins-and-outs of town home living, qualifying for a mortgage and recommend the right Cochrane communities for your lifestyle.