Show 012 Tribune0unit Morning MP Salt Latin Mews Saturday Septarnber Advertiskty suppktatont produced by the Newspaper Agency Corporation 2004 113 Townhomes are all about value quality features I e i - "'"-- 4 - 1Ii t-- — Ite ''''i i $ t f '' ø '"I1"‘'' '''''- - 1 ' "' ' 747""t : — 1 - Standard features of the homes include crown molding in the living room central air conditioning oak banisters arched doorways and oak cabinets To keep common amenities simple and affordable Compass fea" for young children tures only practical extras like a sports court for basketball and a couple of "tot-lots- The many -- fea- custom-lik- e i tures of these townhomes and their convenient location make them a great t jeoFygee ' -- - 04 NOr : '' '''-- ' - -- if : l1 i t'' ' 'r ' t - ' '- 'N' 'I ie' : i w - ' 4:41: ' : 4 I t ! t 0 i f 1g V 4 - 11 irn ' a :7:: 4 -- rk i f' I I LAI OwNP1 : i i ti'il i I i 7 "torAt t ' 7 'lit 4 1 ' A it t § ' '''' ff ' - ' 4 '1 ''''' - 4 1 ti 4 I i ' 4 4 b A ''' 1 - ' 4 1 ‘ 'A 11 ' I ' t 1 '- - 1 te ' ! 1 Y — The WEST VALLIN recent building boom has all but eliminated affordable Imusing in and around the center of Salt Lake City As demand increased homes within the price range of buyers and the average working mountains" --stiff were rele- Considering the gated to the far-o4 ' 'I at which the speed : corners of the — the homes of rest 1Qtat 4 ' valley have sold it won't One of the few 1 be 1I long before exceptions to this these units are 1 ' trend troubling There swooped up 0 has the t been 0 are a few reasons townhome A coin- ti why Compass has 77 munity of (ow-pas- s been so popular I-Renaissance illiNt i! First Lowe has Located just east 0 v 't I been able to keep of Redwood Road op 'llt ' prices low Realiz-4141) 40v and 3500 South ing the importance 4e t the community raw real estate of C:4 offers easy access 417r -- ! k is very par- Lowe : 4 to the city's core: k 0i ticular about land 2 t 0 and with a starting '! V"' Loi''6 he purchases and less than price develops By tak- $120000 it is also This kitchen nook makes for a ing a very conser- well within reach convenient place for family to vative approach to of most home- - gather at meat time buying land he buyers often pays less for property than his "I think we have the best value in the This in turn results in a alley" says Steve Lowe of Compass competitors to $10000 $12000 savings to the the company developing Capital homebuyer Compass Renaissance "It's amazing "We are very selective on buying the how inexpensively people can get into land" Lowe says "And that's why we their home" The townhomes are about 1300 can offer lower prices" Don't let LOWe'S frugality fool you square feet in site and include three barrack-lik- e bedrooms two bathrooms and a Unlike the at that times structures With single-ca- r the current represent garage townhomes interest rates and no money down a affordable Compass buyer with a decent credit score would Renaissance boasts one of the lowest end up paying less than S700 a month density ratings in the valley At 11 units per acre there is plenty of room for one of these units Like all good things however the to roam in this community first-tim- 1 1 16 to live at Compass opportunity Renaissance will come to an end Unfortunately that time is sooner than later as Lowe recently announced that the last few homes in the development are finished and up for sale "We saved the best for last" Lowe says "The remaining 18 units have the best views of the al t 4 i ' k If at Compass Renaissance community have best views' of mountains Special Contnbutor I l ' Remaining 18 tulits By Reeves Robinson I 1 I LI :1 1 i I I' - i egoormettworle e 4 ' ' ' 1 1 : '1 ? A " t I - ' L t :4''' '''''' Another way that Lowe has kept prices down was by eliminating the unneeded frills that often accompany townhome communities Instead of a lavish clubhouse and Olympic-size- d pool Compass features only practical extras like the sports court for basketfor ball and a couple of "tot-lotcorn-Mo- n the children By keeping young amenities simple homeowners aren't forced to pay outlandish homeowners association fees to maintain expensive facilities that often go unused "We're trying to make these affordable for people who wouldn't otherwise be homeowners" Lowe says "I don't know anyone in the valley that is selling at a price bellow us and those that are close don't have the same ty : stocked these units have a sharp finished appearance Solid wood windowsills anchor the homes' many large windows which create a light open Convenient and funcatmosphere tional walk-i- n closets adorn each bedroom French doors instead of flimsy sliders lead to the backyard Smooth walls instead of the cheaper and more common orange-pepaint texture complete the classy look of the interior "It's the finish that matters the difference is in how the homes are built and how the space is used" Lowe says Other standard features in each home include: crown molding in the living el room central air conditioning oak banisters arched doorways broadband Internet and oak wiring for high-spee- d cabinets To ensure the homes remain a tranquil retreat a double wall built with sheet extra slabs of rock separates each townhome from its neighbor "What we've tried to do is take things up a step" Lowe says "It cost a little more to build but it makes a differch ence" Outside the exteriors are more akin to a custom home in the suburbs than an urban townhome Pop-odetailing on the stucco accent the rock masonry ut See VALUE Page 4 - ' - ' : 0 19 ) ee '::: ' quality" The quality Lowe speaks about is evident once inside these homes Well s" on L --I ' - it --- I ' H t11:1' o 0 4 high-densi- '' l'f r-- 'AO' D 1r 0 cyi) jiji e CALWe ki'4)ITITA f1111 Orin a i I t ' ' - ''''' e 't 4 15' Iasi one Home for ownly°677 a month' Ellt 41 41 44 i ‘ el i i is-- 1- 4 ) a 'JP - " - ici '' l! ' 7 f'"'"17- A ' ' - - --- 4 ' "0 - 0" ) ' ' 0' 14 3 '4e i t- '' actl'atts A sq fto 22co Niqdr" if-- 2 1! 1VIrvrn I 9 ''NC f ' ' : ''''' 1 ' dr I ''' '''' ' 4 - ' '''$ '101! W'°'" i tke""- 'I -— I 1 '''''''IM-7- I - f 1 4 411 - - L likok Atoarae011 4mandolli M10a1E410SIiit fiK14041540d A44 I A t A N i N 11400 South MMS kItanqprier r—"-11- Hwy 260 Mai" St PHEASANT BK 4I sS0- 000' 4SHos Oftko Irr2r1-731- - A yECtit 411 0 ISP° 4 Exit N ' Tertlit 256 ' 1536 West Galbraith Lane Kaysville (5 Decorated Models) 796 West 180 South Spanish Fork (10 Decorated Models) Starting at S145490 Starting at $144490 Starting at $151490 Starting at $124990 2115 Plan at Pheasant Brook 1708mo or 1161490 Phil: 3 43 1st yt 4 43 2nd yr 143 Ut Housing fixed APR Rate 21 Buydown 3 Down 6 01 2115 Plan at Spanish cesids 3548mo or 3124990 P6d: 3 4196 1st yr 443 2nd yr 543 tit Housing Fixed APR Rate 21 buy down 3 Dowrt 6008 211$ Kan st Sannlinn sant "Pkt S 4 int 1st nt 4 4 Pit $tite 21 iknninwri 167r1'rno I4v nn $114 490 S 4 inn in nnnnurni 114wn 601 APR 211s run 'Phi 34 is $innd LIU innun W41w 16777mo or 1114490 In yt 4 41 2nci vv 1 4166 79 Hntivny FIxed 2 I ein(iONVI 3 1)99771 6 01 MI m Ficida Spantch (801) 4201752 -- of 4 a- 0 1 ' LtNia 4 ) 1- -- 4 m mamma onmnete of vT: ' r4rn Prrierrtql lowtec (TX NORICACI CO 691S Union Pad (eviler Ste ISO 8015612000 Loan OffIcen Craig Crytttn Vune Whetman k grid lotand 1 Mon: Saks office and models open: 2pm-7p- m Cedar I Tue-Sa- t: Sun: 11am-7p- Hills closed: Sunday-Tuesda- 11 pm-6p- m Mt 5 Starting at $189990 462S11 Ilw Cndan: Convennonol Sil Plan at S428mo of S1R9990 ARM 5 Down S0896 APR The Cedars today and get '10000 In FREE upgrades 9 holes ol poll lit Ceder Hills Coll Clubl VIA kr 40) AlmumAlsiAmmmAmoommoort ::)1 1 Big Homes Small Prices y ---iv St 4 e 171t7:40nagir l'Ilittt 11Ati s I - -- 0 (801) 910-923- 5 3985 West 10700 North Cedar Hills (2 Decorated Models) 2115 - broTrPTr11') k- 0 He s Cod The Cedarn i JilItiiiII 4 0101111 91 k (801) 768-9372725 West Main 2745 W Willow Dr Lehi (5 Decorated Models) ' THE CEDARS rittAINums t Yi Jordan itrilkrtvo 3 Cenr101— fl'' (801) 302-5366400 West 1 3800 South Herriman (6 Decorated Models) (1301) NA SPANISH NELDS Hamilton Parma Phearant Brook mock Sil N 331 1 1IS rtdatIl 11 ' 1 EXIT 700 North Stroot A HAMPTON To A ir N tritlasts SR" Willow Dr 1 A wwwBIGhomesSMALLpricescom il 1 t 1 POOR C 6ompommI01M |