Cohousing-L Mailing List: Re: ratio of least to most expensive unit in cohousing?

[jehako (jehako]

Hi-

I have been involved in 2 cohousing projects that did it differently. In one, 
Eno Commons, the larger lots cost more per buildable area than smaller lots, 
but the price per square foot to build and the HOA fees were the same for every 
unit.

In the other, Eastern Village Cohousing, the cost of all units was loosely 
based on the estimated square footage of the completed condo, based on 
preliminary drawings. The cost per square foot was not adjusted for unit size 
so it results in larger units generally costing more.   Condo fees are based on 
a formula that blends square footage with a flat "just because you're a unit in 
this building" component.

I should note that here at EVC, the size of a 3 bedroom unit varies from about 
1000sf to over 1700sf.  That creates a large initial price differential in 3br 
units. We did something similar with the 2br units too.

-Jessie Handforth Kome
Easter Village Cohousing
Where we're struggling with bike parking.
Sent from my Verizon Wireless BlackBerry