Re: Common costs: common house, infrastructure - how to proportion? | <– Date –> <– Thread –> |
From: Laura Fitch (lfitch![]() |
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Date: Wed, 7 Jan 2004 08:35:11 -0700 (MST) |
At 09:34 AM 1/1/04, you wrote:
Thanks to Fred and all for this wonderful list-serve resource- We are in formation and trying to figure out how contributions to the common costs should be divvyed up. Base it on: Larger individual house (sq.ft.)?
I think square footage is the only legal way to assess condo fees in Massachusetts. The way Pioneer Valley used this to reflect other values was to assign different weights to different types of square footage. For example in relative order of increasing value: deck (5%), porch (10%), unfinished basement (?%), finished basement (?%), finished view-out basement (?%),, finished walk-out basement (?%),, unfinished second floor (80%), finished second floor (90%), first floor (100%). This helped us deal with the huge difference in value and expandability of walk-out basements that were rapidly being converted into rental units. And cape style houses where unfinished second floors were being finished off.
Number of household members?
This is illegal in Massachusetts
Altho that could change if the house changes hands Cost of individual house? What about renters? I guess the question then would be- who owns the rental unit and wouldn't the owner be responsible for that unit's share of the cost? Or are rental units owned by the community and therefore part of the common costs? If a house later changes hands, is that original cost added to the selling price of the unit? Linda Gluck "Ulster Cohousing" (or something), New York _______________________________________________ Cohousing-L mailing list Cohousing-L [at] cohousing.org Unsubscribe and other info: http://www.cohousing.org/cohousing-L
Laura E. Fitch, AIA Kraus-Fitch Architects, 110 Pulpit Hill Rd. Amherst, MA o1002 413-549-5799 413-549-7918 (fax)<http://www.krausfitch.com/>krausfitch.com
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Common costs: common house, infrastructure - how to proportion? Linda Gluck/Treehouse, January 1 2004
- Re: Common costs: common house, infrastructure - how to proportion? Sharon Villines, January 1 2004
- Re: Common costs: common house, infrastructure - how to proportion? Laura Fitch, January 7 2004
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