Re: Resale
From: Raines Cohen (
Date: Tue, 20 Nov 2001 14:08:01 -0700 (MST)
"Kay Argyle" <argyle [at]> wrote on 11/20/01 1:01 PM:

>Price appreciation hasn't occurred for Wasatch Commons.  Units have taken
>sometimes a considerable length of time to sell -- more than a year in two
>cases.  In fact, three households now own a second unit each, renting them
>to households that can't swing the financing for a mortgage.

How does this compare with similar non-coho projects in your region? In 
most places I've looked, coho units have done as well as or better than 
the surrounding market.

You might want to look at whether sellers are effectively marketing the 
elements that distinguish it from a pure "housing" purchase... community 
and other benefits. Have sellers tried marketing outside the region as 

I'd be interested to see whether you've concluded that community is not a 
rare commodity in your area, for cultural or other reasons.


Raines Cohen <coho-L [at]> <>
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  Vice President, Swan's Market Cohousing [Old Oakland, CA]
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