Cohousing-L Mailing List: Re: Info Meeting on Zoom for River Song Cohousing

[Fred-List manager (fholson]

Jim Bronson <jimbronsonashland [at] gmail.com>
is the author of the message below.  It was posted by Fred of
the Cohousing-L management team <cohousing-l-owner [at] cohousing.org>
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b farris <btgf [at] yahoo.com> wrote:
> Hi, Jim:
> You mentioned that the price is higher than the Eugene market. Could you
> please give me an estimated price range? I don?t want to attend the meeting
> if it?s outside of my budget.
> Thanks so much.
> Barbara


Hi Barbara,

The unit owner has not settled on a rental amount and terms yet, but let's
postulate an amount based on recent River Song rentals, adjusting for
square footage.  That amount is about $2,650.00/month which includes HOA
fees, RSC property tax, reserves, all utilities except your personal cell
phone, and all RSC operating expenses.  In addition to the $2,650 a month
you may  want to have your own renter's insurance.  If you check with
realtors in Eugene they will tell you something like (copied from a search):

A typical 2-bedroom, 2-bath condo around this size often rents in the
$1,900–$2,200 range, while premium, updated, or well-located units (such as
near downtown or the university) may exceed $2,500.

The potential RSC rental is well-located for downtown and the University
and is only 3.5 years old.  Hopefully, that gives you a good idea for
comparison.  Hoping to see you at our Information Session on Saturday 10:00
am PT - just email me for the zoom link.

*Jim Bronson*
*www.riversongcohousing.org <http://www.riversongcohousing.org>*
Eugene, Oregon on the shores of the Willamette River

*I was born at 303 ppm CO2.*