Selling Built Cohousing Homes
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Could you be missing hot leads? Make sure prospective members can reach your group
Submitted by Cohousing Coaches on Tue, 01/05/2010 - 03:21I was distressed to see someone in the Fayetteville, North Carolina area asking about reaching cohousing neighborhoods in the "Live Wire" (answers/citizen advocate) column in the Fay Observer today. The illustrates the importance of making sure that websites and communities/cohousing directory entries are kept up to date and that we all work together to make sure that our community contacts are responsive.
A frustrated reader wrote:
We're seniors who are interested in cohousing. In August, we wrote three cohousing communities but didn't hear back from any of them. Can you tell us why? - T.R., Fayetteville
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Cohousing makes sense - and more DOLLARS?
Submitted by Cohousing Movement on Sun, 04/26/2009 - 20:41Much has been written about intangible benefits of living in Cohousing. Many anecdotal statements suggest the day-to-day cost savings are also possible. There is, however, almost no data-based information addressing changes in economic value for Cohousing compared to (superficially) similar condominium developments.
A cohouser at Jackson Place Cohousing (Seattle, WA), sent me a paper by James Mayhak. Mayhak recently graduated from the University of Washington with a degree in Urban Studies. His study compares appraisal data for Cohousing homes in the three City of Seattle Cohousing communities (see below) with nearby homes in non-Cohousing condominium complexes.
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What about buying into an existing cohousing neighborhood?
Turnover tends to be very low in built cohousing communities. The vast majority of people who sell their homes do so because their life circumstances change, not because cohousing doesn't work for them. The Cohousing Marketplace lists cohousing homes for sale or rent, as well as developing groups seeking new members - or you can find information on most cohousing communities (built and forming) using the Community Directory.
What if a member wants to move out of the community and sell his or her home?
Any household leaving the community can legally sell its property to anyone it chooses, except in a few cohousing communities in the U.S. that are structured as cooperatives. Some groups maintain a “right of first refusal,” which means that the seller must offer his or her home for purchase by the community or to an individual or individuals within the community before putting it on the open market. In other communities, residents sign a voluntary agreement that they will not lease or sell their house to a person or persons who do not wish to participate fully in the community. Many have make use of the Cohousing Marketplace on this website to buy, rent, and sell their cohousing homes.
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