|Re: Combo Communities: New & Retro||<– Date –> <– Thread –>|
|From: Dirk Herr-Hoyman @ Danenet (hoymanddanenet.org)|
|Date: Thu, 14 Jun 2007 09:27:51 -0700 (PDT)|
I'm also part of Arboretum Cohousing and in fact am going to purchase an existing home. I'll answer Rachel's questions in line. On Jun 14, 2007, at 10:51 AM, Karen Carlson wrote:
Hello, Rachel: Arboretum Cohousing (Arbco) in Madison, Wisconsin will be breaking ground in late summer. We will incorporate 7 (I think) existingThe existing homes are owned by the individuals. It's their responsibilityhouses, an existing triplex, a new duplex to be built by Habitat forHumanity, and we're building 2 apartment buildings with about 30 units. There are members who have been part of the org for a lot longer than Ihave and could answer your detailed questions. I know the houses were sold "as is" while the triplex will be rehabed from our communitybudget. Please look at our website, arboretumcohousing. org. You can use the contact number for more info if you don't hear from someone readingyour posting. Good luck on your porject! Karen Rachel Wangen-Hoch wrote:Hi, I am a prospective member of a new cohousing community which is soon to break ground in Olympia, WA. There is a property adjacent to the land where this project is being developed which has 3 houses for sale. I am interested in researching the possibility of doing someretrofit cohousing in addition to the new construction for purposes ofadding affordable housing to the mix and widening our incomediversity. Does anyone have any information about how this might work? Do you know of any communities which are a combination of retrofit andnew construction which I could contact for information? Basic questions I have are as follows: 1. How does the ownership of the retrofit units work? Would they be condos like the new units?
for maintenance. With the condo units you only own what's inside. We have established a 5 foot perimeter around each home that is also going to be part of these homes.
2. How does one go about pricing the retrofit units which are to be part of the new community?
This was complex. We looked at the appraised value of these homes, took out the value of the land, and then added in a "common cost". The common cost was applied also to the condo units. We also are selling these in "as-is" condition. The other choice was to bring them up to some uniform level of condition and perhaps other choices like energy efficiency. The "as-is" option was easier for us to wrap our brains around.
3. How do you avoid the retrofit portion of the cohousing community becoming the affordable housing "ghetto" - I want to make sure the same love and care which is going into the planning of the new construction would also go into the retrofit portion, and in the future would have the same concern for upkeep by all members.
It will be up to the free-standing homes as to the level of care they give to their homes. Rather than dictating a uniform level for all of these homes to be at. This will for some with less means to join our community, which
we consider a plus.There is a review process for any proposed changes, particularly additions.
That's already happened, even before we have closed on the land.
4. Would it make more sense for our LLC to purchase the property with the homes, or for an individual or 2 from the core group to do so on their own?
You have to figure out who owns the land to answer this question. In our case, the community owns all the land. One thing we did find out recently is that insurers would only take outinsurance on the ENTIRE community, this is for the buildings. Individual
home owners wouldn't be able to get a policy. --Dirk
I'm really new at this, so need lots of pointers, basic info, etc. I just feel very strongly about there being some affordable housing aspart of the community and want to be able to present a well researchedproposal to the community. Thanks, Rachel _________________________________________________________________ Play games, earn tickets, get cool prizes. Play now–it's FREE! http://club.live.com/home.aspx?icid=CLUB_hotmailtextlink1--------------------------------------------------------------------- ---_________________________________________________________________ Cohousing-L mailing list -- Unsubscribe, archives and other info at: http://www.cohousing.org/cohousing-L/_________________________________________________________________ Cohousing-L mailing list -- Unsubscribe, archives and other info at: http://www.cohousing.org/cohousing-L/
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