Project Information

Rural Homes aims to alleviate the need for workforce housing by building between 60 and 70 deed restricted housing units on a 9 acre site just north of town (across Highway 550 and south of the Rotary Park), phasing the project into two developments with the first phase planned to be completed late summer 2024. This development will consist of Single Family Dwellings and Townhomes, with the largest structures being triplexes (but with individual ownership of each unit and its land). All homes will come with rooftop solar and air-source heat pumps, funded with a new on-bill financing program. Furthermore, two of the units will be built to facilitate licensed in-home childcare, with a unique accelerator program designed to fill these units with qualified and prepared providers. Learn more about the Rural Homes Early Childhood Initiative here.

If you are interested in purchasing a home, fill out this form and we will be in touch.

You can learn more about Mortgage Products, the Deed Restriction and much more by navigating the “Main Menu” in the top left of this page.

Home Design

To view Consumer Floor Plans (that are color coded with the site plan) of the different units in Waterview, click this link and download the pdf! Let us know if you have questions.

To get a sense of what the product we plan to build will look similar to, check out the photos below of the Pinion Park Norwood project we finished in the Spring of 2023

You can also view a video of a furnished Fading West home here. Fading West is the factory that builds the modular product we source our homes from, and while there will be some “Shavano” unit types in Waterview, the exact finishing and details are subject to differ.

The Need

There is a lack of affordable housing in mountain communities across Colorado. According to the Mountain Migration Report conducted across six counties with tourism-driven economies, the pandemic led to record-high home purchase and rent prices, accompanied by a sharp decrease in unit availability. 

Ouray is not immune to these trends. Small business owners, the school district, and local government (all of whom have representatives on the Rural Homes Ouray Committee) all struggle to find employees. They cite a lack of housing options as the primary reason. Without the development of new housing options priced for the local workforce, the community of Ouray will struggle to keep businesses open and provide key services. Multiple Rural Homes Ouray Committee members have noted that they currently spend an unsustainable amount of time trying to locate housing for prospective and current employees, and this is one of the main reasons they wanted to become part of the Committee. The problem is apparent throughout Colorado, but magnified in land-constrained and desirable locations such as Ouray, which is why it is a perfect location for a project spearheaded by Rural Homes.