Re: How much of a premium will you pay for cohousing ? | <– Date –> <– Thread –> |
From: Nancy Wight (wightwal.hp.com) | |
Date: Wed, 4 May 94 08:24 CDT |
> Have you been able to identify why your costs are over appraised value? If > you are acting as your own developer, it should be possible for costs to > be belo appraised value. Are there some improvements that the appraiser > does not think are of value and would not be paid for by the open market? > David Sucher The main reason why the costs are over appraised value is because we planned a community of 29 houses on this particular piece of land, and after going through some of the permitting/negotiating process, if we continue with our current permit, we are only able to have 23-24 (with one affordable unit on site). The reasons why this happened are complicated - we were mislead by the town planner, the negotiations with two neighbors didn't turn out the way we thought it would, some legal issues turned up, etc. I think our biggest problem was the cost of the land, which was very expensive (which is unfortunately the case for a lot of this area). - Nancy -- ------------------------------------------------------------------------ Nancy Wight (508) 659-4974 New View Neighborhood Development, Acton, MA wight [at] wal.hp.com ------------------------------------------------------------------------
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How much of a premium will you pay for cohousing ? Jim Salem, May 3 1994
- RE: How much of a premium will you pay for cohousing ? Rob Sandelin, May 3 1994
- Re: How much of a premium will you pay for cohousing ? david sucher, May 3 1994
- Re: How much of a premium will you pay for cohousing ? Nancy Wight, May 4 1994
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