The “Tri City” area of Fremont County is made up of the tiny towns of Williamsburg, Rockvale and Coal Creek. The population of these towns is approx 1500 provided nobody left for vacation or has family visiting. Towns so small that they are difficult to find on a map. These towns are so tiny that the economy has had very little effect on them. Once coal mining towns their hay day is long gone.
At Central Ave and Oak Creek there is a side track. A set of railroad track that go nowhere. For the last several years empty train cars have just sat on them. Only once were they moved, to trim the weeks and shovel the collected dirt out from underneath them. Early September 2010 I noticed the train cars disappeared! One the way home at the intersection that had for some time held these big dark dinosours I could see down the track straight toward Pikes Peak!
What could be big news that the economy is moving again is just as much news to these 3 tiny towns. Why? These towns have houses very, very close to the tracks. While the train cars sat on the tracks these houses were not selling! Some would not appraise! One bank told me they could not lend because the houses were within so many feet of the track.
For years and years these sides tracks sat empty, covered in dirt and weeds. Most people in the areas forgot they were there. With the current appraisal standards protecting the potential homeowner as well as the banks, it’s hard to believe that the economy starting up again with have a big effect on Williamsburg, Rockvale and Coal Creek. No sitting train cars could mean houses start selling again.
In the month of August (2010) 4 houses sold in the “Tri City” area for an average of $132,000 the lowest priced at $44,000. While not a huge boom in most peoples eyes this is a signifacant change in the area.
If you are interested in buying or selling property feel free to contact Dena Stevens REALTOR.
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