Okotoks is a bedroom community to Calgary with great small town ambiance and most of the services available. I would stay away from Sheep River Heights though, as the area is prone to flooding. We almost bought a lot there 20 years ago backing on the river for $64,000, yep, this was considered expensive in those days, but now I am happy we didn't.
If you can afford it, look for a lot in Air Ranch, really nice community. If that's too much, look in Crystal Ridge.
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