The Villas at Brett Ranch
The 156 Villas at Brett Ranch are located near a protected wetland in Edwards. Brett Ranch has been quoted "the best buy for the money" by many owners, and has become a locals' favorite for affordable housing. Brett Ranch offers two and three bedroom condominiums. Owners may enjoy the swimming pool, hot tub, basketball and barbecue areas. Pets are welcome and a dog run is available. Vail and Beaver Creek are only a few minutes to the east and the communities of Eagle and Gypsum lie to the west. Shopping is easy and convenient in downtown nearby Edwards.
What qualifies Brett Ranch as workforce housing?
When you buy a property in Brett Ranch, it has a restrictive covenant. This covenant imposes a 1 % transfer fee on property owners who own another residential property and/or do not work within the Eagle County.
To be exempt from the transfer tax, you must fill out the application for transfer fee exemption. Submit the application to the Eagle County Housing Department (The Valley Home Store) located at Miller Ranch at 25 Mill Loft, Ste. 200, Edwards, CO. 81632 along with a personal check for $25, made out to the Eagle County Housing Department. If you are considered exempt at the time of closing then you do not have to pay the transfer fee. However, if during the time of owning your Brett Ranch home you buy another property or you begin working outside Eagle County you must pay the transfer fee at that time.
The Application for Transfer Fee Exemption and/or the Restrictive Covenant can be downloaded here.
If you are interested in buying at The Villas at Brett Ranch, please contact a local real estate agent. Keep in mind that some of the villas are sold by the owners themselves.
For more information, contact your local Realtor or The Valley Home Store at 328-8776.