Mr._johngalt
Thinks s/he gets paid by the post
- Joined
- Dec 3, 2002
- Messages
- 4,801
Noticed an article in the AARP Bulletin for September about
"granny cottages" which I would call a detached mother-in-law
apartment. Anyway, the article focused mostly on zoning
problems and that a bunch of people are opposed (worried about
home values and all that). Then they gave some examples of people
selling what they like to call "backyard homes". I noticed one home came in
four(4) exterior styles at 674 SF, but the cost is around $150,000, and of course that is not counting the land. That works out to about $220
per SF which seems nuts to me. Now, we could live in 674 SF with no
problem, but I paid about $68 per SF for our house (Including the land, half an acre).
Of course, I have a lot more maintenance here, but even when we were
looking at building (an idea since abandoned), I never used anything
over maybe $130/SF in computing my costs. Maybe the difference is
where I live. Most of the locations mentioned in the article were in
California.
JG
"granny cottages" which I would call a detached mother-in-law
apartment. Anyway, the article focused mostly on zoning
problems and that a bunch of people are opposed (worried about
home values and all that). Then they gave some examples of people
selling what they like to call "backyard homes". I noticed one home came in
four(4) exterior styles at 674 SF, but the cost is around $150,000, and of course that is not counting the land. That works out to about $220
per SF which seems nuts to me. Now, we could live in 674 SF with no
problem, but I paid about $68 per SF for our house (Including the land, half an acre).
Of course, I have a lot more maintenance here, but even when we were
looking at building (an idea since abandoned), I never used anything
over maybe $130/SF in computing my costs. Maybe the difference is
where I live. Most of the locations mentioned in the article were in
California.
JG