Re: COHOUSING-L digest 286
From: Alan Carpenter (
Date: Tue, 30 Sep 1997 11:58:29 -0600 (MDT)
23 out of 34 where from single family homes here at Windsong Cohousing in
Langley, B.C.  

Again on appraisal what I recommend and so does Chris Hanson is that the
square everyone's portion size in the common house is included in you unit
size. In other words if you unit is 1000 SF and the common house is 6000 SF
with 30 homes of the same size then your gross area is 1200 SF. Then have
the homes based on a calculation of a 1200 SF home instead of a 1000 SF
home. This should increase the value of the unit. If you home costs is even
higher then this indicates that your project is a "custom" nature with
special features that will create a higher market price. 

In Windsong the appraiser could use sales of other homes in Windsong as a
comparable instead of using outside homes. When we had 20 presold that
indicated the market price. 

> From: cohousing-l [at]
> To: Multiple recipients of list <cohousing-l [at]>
> Subject: COHOUSING-L digest 286
> Date: Sunday, September 28, 1997 9:04 AM
>                           COHOUSING-L Digest 286
> Topics covered in this issue include:
>   1) more appraisal help, please!
>       by Denise Meier and/or Michael Jacob <dmmj [at]>
> ----------------------------------------------------------------------
> Date: Sat, 27 Sep 1997 09:20:59 -0700 (PDT)
> From: Denise Meier and/or Michael Jacob <dmmj [at]>
> To: Cohousing-L mailing list <cohousing-l [at]>
> Subject: more appraisal help, please!
> Message-ID: <Pine.GSO.3.96.970927090847.23640B-100000@shell>
> Katie McCamant recently pointed out to us that although most cohousing
> developments are townhouses, which get lower appraisals than single
> homes, many of the people who buy into cohousing move out of single
> homes.  In our group, this is true: of the 9 households planning to sell
> their homes to move into our project, 8 are selling single family homes.
> And of the other 5 households, who currently rent, 3 are renting single
> family homes.
> We would like to be able to tell our appraiser:
> "Single family home owners buy townhouses in cohousing". 
> This would support an appraisal of cohousing units being closer in price
> to single family homes in our town than to townhouses...which is what
> they're going to cost to build.
> Folks in existing communities and communities currently being built,
> we get a seat of the pants guesstimate of how many households sold or
> single family homes to move into townhouses in your cohousing project?
> Thanks very much!
> To keep posting traffic low, please respond just to me and I will post
> results I get. (Unless of course you have something interesting or
> contradictory to add....)
> Denise Meier
> Two Acre Wood
> Sebastopol, CA
> ------------------------------
> End of COHOUSING-L Digest 286
> *****************************

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