Cohousing-L Mailing List: Re: cohousing premium?

[Diana Carroll (dianaecarroll]

> Whether it´s $400K of cohousing or $400K of conventional single
> family home, we should all get what we´re trying to buy.  But
> remember that in terms of future resale, you´ll get the best offers
> for your cohousing unit from people who understand and want cohousing.

I think this is the key observation. Some people value the things that
cohousing provides, and for those people, there will be a "premium" on what
they'd pay. Some people would hate cohousing, so it's the reverse of a
premium.  A discount?  If I were the sort that wanted a big yard and lots
of privacy, I'd consider all the units for sale here a rip-off.

Diana

On Fri, Nov 27, 2020 at 5:56 PM Richard L Kohlhaas <rlkohl [at] earthlink.net>
wrote:

> When we are marketing a resale, we tell prospects "You are getting this
> beautiful community, all the common house
> amenities, the garden, the library, the playground, the workshop, etc. for
> only $3xx.xxx, and we are throwing the unit in for
> free!"
>
> -------------------------
> Dick Kohlhaas
> Member of Colorado Springs Cohousing Community at Casa Verde Commons
> 34 households on 4 acres  1.5 miles from center of city.  Built in 2002.
>  www.casaverde.us
>
>
>
> Date sent:              Fri, 27 Nov 2020 15:27:13 -0500
> To:                     Cohousing-L <cohousing-l [at] cohousing.org>
> Subject:                Re: [C-L]_ cohousing premium?
> From:                   R Philip Dowds via Cohousing-L <
> cohousing-l [at] cohousing.org>
> Send reply to:          cohousing-l [at] cohousing.org
> Copies to:              R Philip Dowds <rphilipdowds [at] me.com>
>
> > One rule of thumb I heard a long time ago - totally anecdotal! -
> > is that when you buy into cohousing, you forfeit one bedroom in
> > exchange for the commons.
> >
> > Personally, I doubt the reliability of the math, and I think it´s a
> > meaningless inquiry anyway.  The cohousing investment includes the
> > private dwelling unit, the commons, and the lifeway.  If one has
> > little interest in the lifeway and the commons, and prefers to
> > maximize personal privatized space, then cohousing is not a good
> > investment.
> >
> > Whether it´s $400K of cohousing or $400K of conventional single
> > family home, we should all get what we´re trying to buy.  But
> > remember that in terms of future resale, you´ll get the best offers
> > for your cohousing unit from people who understand and want cohousing.
> >  Which, for now, is a small subset of the house-hunting public.
> >
> > Thanks,
> > Philip Dowds
> > Cornerstone, Cambridge MA
>
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