Cohousing-L Mailing List: Re: cohousing and resale -great responses

[Shelly DeMeo (shelldemeo]

Thanks to the list members who have responded with thoughtful and helpful
comments.  I want to raise in our community the idea of not limiting resale
price to appraised value but maintaining the right of first refusal for
those on the waiting list..  The comment about "educating" appraisers was
echoed by several real estate people in the area I spoke to.  The lack of
comparables make cohousing tough to value using conventional methods but the
fact that, at least in this area (Northampton MA), there are more willing
buyers than sellers for cohousing units should say something about what the
units are worth.

Thanks, Ray (husband of Shelly)