There is one parking space for each of the homes at Timber Ridge Village. Each buyer will be given the opportunity …
How will utilities be metered? Individual or as a whole?
Other than water and sewer, utilities for each home such as electricity and broadband internet will be individually …
How will water and sewer usage be metered? As an HOA or per unit?
Water and sewer will be metered collectively. The cost of the HOA fee for water and sewer usage will be calculated based …
How much will Home Owners Association dues be and what will be included?
As a condominium community, a homeowner’s association will be formed to oversee and administer the business of the …
Are there any units designed for ADA accessibility?
Yes, there will be Type A accessible homes available in a range of unit types and locations. If you are in need of an …
Can I customize my home?
Each home at the Timber Ridge Village Condominiums will include the same tasteful interior design package. New …
I currently own another home or business real estate. Can I participate in the Timber Ridge Village application and lottery process?
There is no restriction on owning land, residential or commercial real estate if you own a home in Timber Ridge Village …
Will the homes have a warranty?
Each home purchase includes a standard one-year warranty from the general contractor and will be detailed in the Timber …
Will Timber Ridge Village Condominiums incorporate sustainable design?
The development team is focused on building all-electric, energy-efficient homes that incorporate energy-saving …
Will the homes in Timber Ridge Village Condominiums qualify for conventional financing?
The Timber Ridge Village Deed Restriction is intended to meet the underwriting criteria of local mortgage lenders as …
Are there maximum income or household assets limits that an applicant can have in order to qualify to purchase a home at Timber Ridge Village?
There are no limits to the income or assets for a buyer at Timber Ridge Village. However, 75% of one Qualified …
What are the key terms of the Timber Ridge Deed Restriction?
100% of the new homes at the Timber Ridge Village Condominiums will be deed restricted. The new homes are being deed …
How will the application and home selection process be conducted for individuals?
Individuals looking to secure a home in Timber Ridge Village in advance of any lottery are invited to select a home and …
If I own a business and am still interested in buying a new home at Timber Ridge Village Condominiums, who do I need to contact and what do I need to do to reserve a home?
Sales are open to businesses at this time and will be made on a first-come, first-serve basis. Please contact …
What are the steps required to purchase a unit?
Potential buyers will be contacted by the development team to select a unit. Once a unit is selected, a Purchase and …
What is the anticipated timeline for the development and construction of the Timber Ridge Village Condominiums?
Construction of the Timber Ridge Village Condominiums is underway beginning with demolition of the existing buildings …
Who are the target buyers for the condominiums at Timber Ridge Village?
The new condominiums at Timber Ridge Village will be sold to non-profit organizations, local businesses, and local …
Where can I find a copy of the Timber Ridge Village Condominiums legal documents, including the Homeowner’s Association documents, Deed Restriction, Reservation Agreement, Purchase and Sale Agreement?
These are located at the top of this page under Documents. …
Who are the sponsors of the new Timber Ridge Village Condominiums?
The new Timber Ridge Village Condominiums are a public private partnership between the Town of Vail and Triumph …
What is the program for the new Timber Ridge Village Condominiums?
The Timber Ridge Village Condominiums are comprised of 294 units in a total of seven buildings with a mix of studio, …