Cohousing-L Mailing List: Re: Estimated Start up costs

[Catya Belfer-Shevett (catya]

sally thompson wrote:
> Supposing you decide to do the developing yourselves.  In addition to the cost of the land, what would be ball park figure for legal fees to set up an LLC, transaction papers acquiring the land, condo association by-laws, etc AND the ball park figure for an Architect to design a community of almost 30 units plus Common House?  

If you're planning on doing the developing yourself, you should be 
looking at 20% of the total cost of the project as what you need to come 
up with in cash.

        - catya
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Catya Belfer-Shevett    ____\  /     Cohousing in MA?
catya [at] cohousing.org     \  / \/   www.mosaic-commons.org
www.catya.org            \/          Ready Fall 2008!