Re: Appraising Coho Amenities
From: Oz (ozsongaia.com)
Date: Tue, 7 Feb 2012 11:24:26 -0800 (PST)
I've encountered several small, middle-class suburban neighborhoods with a
shared swimming pool - owned by some type of HOA.

A developer, who has done some of these, told me that they can be a
tremendous attractor to younger families with children, but can actually
deter some who don't expect to use the pool or object to the monthly
maintenance costs.

To me, this suggest that some amenities can be liabilities depending on the
specific buyer and I suspect that's true of shared cohousing facilities. I
wonder how people who essentially never use a community's common facilities
feel about those monthly payments to support them.

Oz
http://ozragland.com

On Tue, Feb 7, 2012 at 5:35 AM, Sharon Villines
<sharon [at] sharonvillines.com>wrote:

>
> > Hmm.  It seems to me that there are high-end (often gated) condo
> communities out there that have far more elaborate amenities (like a golf
> course with club house and pool) than do most cohos.
>
> In the condo trade it is also the norm that amenities attract people but
> few use them so all they have to do is have ones large enough to list.
>
> Sharon
>

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