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I think your estimate is too low [1], but I share the sentiment. I'd love to see suburbs with fewer mcmansions and more reasonable housing. 700sqft with a small
by tejohnso 8y ago
I think your estimate is too low [1], but I share the sentiment. I'd love to see suburbs with fewer mcmansions and more reasonable housing. 700sqft with a small accessory unit on a quarter acre lot would be a huge step up for many families and should be considerably cheaper than the typical over-sized homes we see all over the place. There aren't enough options.
[1] For a durable shelter nice enough for guests...assuming this means an actual house, modestly outfitted... There's site prep, foundation materials and labor, plumbing/elec work, hookup fees, development fees, permit fees, lawyer, real estate fees, appliances, furnishings, all in addition to the actual structure and land materials and labor cost.
- paulddraper 8y ago> 700sqft with a small accessory unit on a quarter acre lot Most people think that houses are expensive. They are, but in developed areas the land itself plays are large role. (That's why the top three important factors in real estate are location, location, and location. It's not that much more expensive to build a structure in San Francisco than Bakersville.) So it's unlikely that in most suburban areas it will make economic sense to build a only 700 sq ft house on a entire quarter acre. At that point, a duplex/quadplex makes far more market sense. And a duplex/quadplex is cheaper to build per resident.