I have to agree the Lake is definitely a nice add on. We are down in Sundance and probably would take greater advantages if we had kids. Still get out a few times a year in the summer to paddle around on a paddle board (supplied by Lake).
I do think with a family it would be a no brainer for some of the reasons Silver mentioned. Having a recreational spot for the family a ten minute walk away is a great family outing. The few times a year we go with nephews they sure have a blast. Plus there are the other things that the lake puts on for kids like the Easter egg hunts and stampede breakfasts with activities.
The things I like about Sundance is that:
-It is a pretty mature community
-the houses are a decent distance apart
-in my case, the back alley adds that much more privacy (even more so with the mature trees in the spring/summer as I can't even see the house on the other side) and gives you somewhere to put the plethora of bins the city has.
-very short walk to Fish Creek where there are lots a paths for walking and biking.
As someone mentioned, definitely a happy place on a nice summer day/night BBQ/Smoking with a beer in hand.
The commute is the trade off, but IMO worth it.
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