Cohousing-L Mailing List: Re: Please help with Square Footage Costs

[Robert Heinich (robert]

1. What do your homes currently sell for per square foot?
$134-$145  (the larger the house, the cheaper per sq ft)

zillow.com may be helpful for you.

-Robert Heinich
 Eno Commons Cohousing
 Durham, NC
 http://www.enocommons.org


On Wed, Dec 10, 2008 at 10:03 PM, Janet H. Pelletier <
janetpelletier [at] comcast.net> wrote:

>
>
> Hi All,
> We are trying to determine the marketability and feasibility of our
> ecovillage project before the Due Diligence period is over on our
> land. We need to understand the square footage prices of
> coho/ecovillage homes as compared to local homes. It's hard to get a
> good comp, since of course our homes include a share of a Common
> House and other commonly-owned amenties, and local non-co-ho homes
> would not. Given the poor economy, etc etc, the banks here are being
> very cautious, and at first glance, our homes appear to be very
> expensive per square foot. Obviously, that makes the banks even more
> hesitant to loan money for our construction.
>
> Would any of you who are able forward the following information to me
> offline so as not to overburden the list-serv? (Sooner is better, of
> course. We're scrambling like crazy people to get everything done
> rapidly over here.)
>
> 1. What do your homes currently sell for per square foot?
> 2. What do nearby similar (but no-co-ho) homes sell for per square foot?
> 3. Where are you located?
>
> Thank you so much!
>
> --Janet Pelletier
> Concord Ecovillage
> www.concordvillage.org