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5548 Wheelhouse Way #H-4, Fort Collins, CO, 80528

3beds
3baths
1,170sqft
$290,000
$248price/sqft
$1,901/moest. monthly cost
$76,040/yrincome needed

About This Home

**Model Home, not for sale. Other units available.** AFFORDABLE HOUSING!! Discover the perfect blend of comfort and convenience in a brand-new, move-in ready 3-bedroom, 2.5-bath townhome with an attached 1-car garage! Step inside to find a bright and airy living room, perfect for relaxing or entertaining. The open-concept design flows effortlessly into a stylish kitchen, featuring stainless steel appliances, ample cabinet space, and elegant granite countertops. The main floor also includes a handy half bath for guests. Upstairs, you'll find three generously sized bedrooms, including a primary suite with its own private bathroom. Located in a vibrant neighborhood near coffee shops, bars, restaurants, parks, and public transportation. As part of the Elevation Community Land Trust Affordable Home Ownership Program. These townhomes offer both comfort and luxury. Plus, The seller is offering an interest rate buydown. Each home comes with Down Payment Assistance. Only ECLT-qualified homebuyers, whose letters of qualification indicate they are under FMR income limits, are eligible to purchase this home. In addition to the mortgage, there is a $100 monthly land lease.

Getting Around

12
WalkingCar-Dependent
22
TransitMinimal Transit
62
BikeBikeable

Schools

9/10
Zach Elementary SchoolGrades K-50.2 mi
7/10
Preston Middle SchoolGrades 6-81.0 mi
8/10
Fossil Ridge High SchoolGrades 9-120.4 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame,Composition,Painted/Stained

Other

  • Builder name: TWG Construction, LLC

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Range,Self Cleaning Oven,Dishwasher,Refrigerator,Microwave,Disposal
  • Laundry features: Washer/Dryer Hookup

Basement

  • Basement: None

Bedroom2

  • Level: Upper
  • Area: 99
  • Dimensions: 11 x 9

Bedroom3

  • Level: Upper
  • Area: 110
  • Dimensions: 11 x 10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Open Floorplan,Walk-In Closet(s)
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,170

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,170
  • Total interior livable area: 1,170 sqft

Kitchen

  • Level: Main
  • Area: 140
  • Dimensions: 14 x 10

Living Room

  • Level: Main
  • Area: 240
  • Dimensions: 24 x 10

Primary Bedroom

  • Features: Full Primary Bath
  • Level: Upper
  • Area: 130
  • Dimensions: 13 x 10

Property

Details

  • Parcel number: R1678398
  • Attached to another structure: Yes
  • Zoning: LMN
  • Special condition: Permanent Affordable Housing,Builder
  • Exclusions: All staging items

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Fencing: Partial

Lot

  • Lot size: 2,185 sqft
  • Features: Paved,Curbs,Gutters,Sidewalks,Street Light,Fire Hydrant within 500 Feet

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hail
Winter Weather
Strong Wind
Tornado

FEMA Declared Disasters Across Colorado Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,466$17,592
Home Insurance *$124$1,488
Property Taxes $125$1,500
Electricity $186$2,232
Total$1,901$22,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,177/yr
40% on housing$57,030/yr
45% on housing$50,693/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.3%
15.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$248This listing

vs Other Active Listings

Avg $/sqft

ZIP 80528$202
Larimer County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 80528$218
Larimer County$250

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-08-23Listed for sale$290,000

New Construction

AgentMelissa Schulman
BrokerageC3 Real Estate Solutions, LLC

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