Re: Variations on low cost housing | <– Date –> <– Thread –> |
From: Marganne (marganne![]() |
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Date: Wed, 21 May 2008 10:57:09 -0700 (PDT) |
Rod,So glad to hear about yet another way to 'crack the nut'. You ended up in 2003 with a mix of low cost homes located next to not-so-low-cost homes? What's happened since 2003 with comparative values to the surrounding community? Are prices for the more expensive houses within the project being adversely affected by being mixed with lower-cost housing? Or is it not that simple.
Cheers! Marganne At 5:36 PM -0400 5/19/08, Rod Lambert wrote:
A caveat with the hybrid approach is, that in allowing more freedom of choice, the prospective owner must exercise serious discipline if the budget is king. They must "follow the script" to meet budget and not be tempted to emulate what their neighbor is doing to their house ("feature creep"). It also requires frequent updates on cost estimates so that the owner quickly sees the results of making changes. Several people here did follow the script and got very low cost, well-built homes. ($70/sf in 2003) But several people also paid significantly more then they originally expected mostly because of the reasons mentioned above. (However almost everyone got good value for what they paid.)
- Re: Variations on low cost housing, (continued)
- Re: Variations on low cost housing Ana Sweet, May 23 2008
- Re: Variations on low cost housing Robert Heinich, May 28 2008
- Re: Variations on low cost housing Marganne, May 21 2008
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