Re: retrofit cohousing
From: fernselzer (fernselzeraol.com)
Date: Wed, 13 Oct 2021 11:44:37 -0700 (PDT)
Patrice:This is not exactly what you asked but we purchased a townhouse complex 
of 11 units because the design seemed compatible to cohousing.  There are three 
buildings with 3-4 townhouses with shared walls in each building.  They are on 
three sides of a courtyard and on the third side is a single family home which 
we converted to our common house.  Parking is in parking lots outside our 
community living spaces.  There are problems because we had a lot of 
maintenance to catch up on.  Also problems with getting a loan as there are 
only a few banks that will loan to us and the interest rate is higher than for 
single family homes.   On the other hand, we were able to move in fairly 
quickly once we added more households to our group and got a loan.  And the 
cost was a fraction of what it would have cost us to buy land and  build our 
own homes.Many of us are people who would have not been able to afford to get 
into cohousing otherwise.  If you are interested in more details about how we 
did it and pitfalls to watch out for, get in touch.Fern SelzerNew Brighton 
Cohousing


> Will there be anyone talking about retrofitting into an existing
> neighborhood as an approach to affordability, since the people living there
> already own or rent their dwellings?

> Thank you, Patrice

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