History
The following is a brief history of the Richards Farm neighborhood:
| December 2014 |
City of Arvada approves the Richards Farm subdivision development plan - a 125-home neighborhood.
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| November 2015 |
The Developer creates the Richards Farm Metropolitan District.
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| December 2015 |
The Declaration of Covenants and Restrictions for Richards Farm (i.e. CC&Rs) is filed and all lots in the neighborhood are annexed into and become subject to the CC&Rs.
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| December 2015 |
The District issues bonds totaling approximately $3.3 million to subsidize the Developer's costs to develop its private land prior to the start of homebuilding activities.
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| May 2016 |
The first single family home is sold by Meritage Homes.
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| February 2018 |
The last single family home is sold by Meritage homes.
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| May 2018 |
As a result of the board election, three of the five seats on the board are filled by independent directors / homeowners. Employees/owners of the land developer (RF Land Investment, LLC) no longer control the majority of seats on the District board.
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General NEIGHBORHOOD Statistics
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Single-Family Homes |
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High |
Low |
Average |
| Lot size |
0.305 acres |
0.117 acres |
0.1597 acres |
| Living space (Note A) |
4,130 sqft |
1,969 sqft |
2,889 sqft |
| Garage size |
744 sqft |
474 sqft |
632 sqft |
| Basement size |
2,893 sqft |
1,084 sqft |
1,890 sqft |
| Bedrooms |
5 rooms |
2 rooms |
3 rooms |
| Bathrooms |
5.5 bathrooms |
1.5 bathrooms |
2.5 bathrooms |
| Other Data |
| # of homes with no basements |
6 |
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| Homes were constructed between 2016 and 2018 |
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| # of developed lots |
125 |
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| # of undeveloped lots |
0 |
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Note A -- Living space data excludes the garage and basement.