Re: percentage of members to build | <– Date –> <– Thread –> |
From: Lynn Nadeau / Maraiah (welcome![]() |
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Date: Sun, 18 Sep 2016 14:37:16 -0700 (PDT) |
How many buy-ins does it take to build? There is no universal number. It depends on how you are proceeding, so others can respond regarding up-front building, and work with developers. Just for contrast, RoseWind Cohousing in Port Townsend WA was what's called a "lot-development" model. Buy-in cost (20+ years ago it was about $36K) went in about equal thirds to land purchase, infrastructure we were required to install (to convert pasture land into City roads, parking, drainage, sewer, water, power, etc.), and our common house. The cost, design, timing, and construction of homes was up to the individual households. Once you were bought in, you had a designated lot on which to eventually build, and RoseWind had its development money. Had we had 24 households ready to buy in, we could have proceeded with land purchase, redesign work with the City (to make a Planned Unit Development in place of the gridded platting already in place), installation of infrastructure, and building our Common House. Instead, we grew gradually from 3 households to 24, using the first income to buy the land, then the next for infrastructure, then the Common House. The advantage was mainly that otherwise we simply didn't have the capital, and couldn't have done it at all. We did it with no financing, no developers, very minimal professional help. Which took extra years, but it worked. Working together on the development phases, we were also building social community. Some of us were already living here by the time we built the Common House, but that meant that we were volunteering to help build and finish it, day by day-- another joint venture and another way we invested our time, energy and creativity into the construction. Twenty seven years in, we have long been fully-built, with a beautifully hand crafted Common House that is well used, and a solid community. Many of the early members are still here. If you have enough capital, I encourage you to explore fast-track modes--- Chuck and Katie are now speeding competently through the development of the new Quimper Village in our town and it looks like it will be very successful. I share the RoseWind experience, however, as an example of how creative planning and persistence can also succeed: our cohousing turned out to be wonderful and worth the extra years it took to get here. Maraiah Lynn Nadeau, see our updated website at www.rosewind.org
- Re: percentage of members to build, (continued)
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Re: percentage of members to build Kathryn McCamant, September 19 2016
- Re: percentage of members to build Sharon Villines, September 19 2016
- Re: percentage of members to build Kathryn McCamant, September 20 2016
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Re: percentage of members to build Kathryn McCamant, September 19 2016
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