|Re: Modular Cohousing?||<– Date –> <– Thread –>|
|From: Fred-List manager (fholsoncohousing.org)|
|Date: Sun, 11 Oct 2020 05:57:57 -0700 (PDT)|
Mary Huang <maryhuanggd [at] gmail.com> is the author of the message below. It was posted by Fred, the Cohousing-L list manager <fholson [at] cohousing.org> after deleting quoted digest and restoring subject line. Digest subscribers, please delete most of quoted digest and restore subject line when replying. NOTE: Digest subscribers can make replying easier by using "auto folders" particularly Gmail and Outlook users. See http://justcomm.org/jc-faq.htm#Q6.5 -------------------- FORWARDED MESSAGE FOLLOWS -------------------- I am with Concorde Cohousing in Ottawa, ON, Canada. We have not used modular yet but we visited a manufacturer and a reseller a couple of years ago. Some of our observation are: * the build is done in a climate controlled environment and more standarized processes. * we looked at pricing and while the listed prices are low, if you add a few upgrades and pay for things like foundation, etc, I don't think there are that much cost savings but it would have some protection from cost overruns. * the real saving is time. If you do more than a few houses , more time may cost more money in terms of the carrying charges of the construction loan. If we will be a $10M project say going down from a 18 months construction (the length of building the 16 unit building I am renting a unit in) to say 6 months may save the cost of a year of carrying charges and at current mortgage rate just for easy assessment that can save us 3+% Some questions we have are: * are there any difference in useful lifetime of regular builds vs modular? We had been told there are some modular build stuff here that are still doing well after 30 years but have not found any studies or stronger empirical data, * any restriction on multi unit modular and how large can it be in terms of number of floors, units, etc. I suspect here due to zoning regulations we are likely talking max of 3 or 4 floors but might be higher in locations with approval for wood building up to 6 floors. Mary
- Re: Modular Cohousing?, (continued)
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