|RE: Cohousing as Investment?||<– Date –> <– Thread –>|
|From: Rob Sandelin (Floriferousclassic.msn.com)|
|Date: Thu, 14 May 1998 22:09:14 -0500|
The experience in the NW is that the average built cohousing unit runs about $160,000, which is pretty close to the $185,000 new home construction average. Of course, for that price, you also usually get some common facilities, such as a commonhouse, shop, and other stuff. (At Sharingwood you get 24 acres of forest) You can save quite a bit of living expenses once you buy your home, such as food costs (bulk buying, community meals, community gardens) Childcare (usually freely swapped around) Transportation (opportunities to car pool, share rides, even car sharing) But, if I am doing the math right, there are 620 built or soon to be finished cohousing units, of which less than 5% are not market rate or above. So its definately not low income as a rule. Read my article in the current Communities Magazine for my perspective on money issues in cohousing. Rob Sandelin Sharingwood
- Cohousing as Investment? Gretchen, May 14 1998
- Re: Cohousing as Investment? laura willits, May 14 1998
- Re: Cohousing as Investment? Cheryl Charis-Graves, May 15 1998
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