Cohousing-L Mailing List: RE: Cohousing Appraisals

[Joani Blank (joani]

From Sharingwood, a rural community outside Seattle

> In fact we get
> many inquires and visitors, but not one that I talked with last year is
> interested/able to afford a home over $275,000.

Now read this and weep.  Two units here at Swan's Market Cohouisng (2br 
ea,  900 and 1170 sf respectively) recently sold for $370,000 and 
~$440,000.  And a 650+ sf studio was appraised recently for $300,000. It's 
true, San Francisco Bay Area housing prices are off the charts. The father 
of a friend of mine recently bought a faiirly small one (or maybe it was 
two) bedroom condo with a bay view in a newish building for $1,000,000! Of 
course he sold a house in the suburbs he had bought 8-10 years ago for 
$900,000 for $1,600,000. Do these numbers make your head swim? They do mine.




_______________________________________________
Cohousing-L mailing list
Cohousing-L [at] cohousing.org  Unsubscribe  and other info:
http://www.cohousing.org/cohousing-L