Hire a Developer in Cooperative Housing or Ecovillages?
Ecovillage, Cohousing, Cooperative Housing, Intentional Community
The design of ecovillages in the Dallas-Fort Worth metro area is happening now. Speak out about what you want. Share your ideas about an ecovillage here.
Directory for Ecovillages, Ecohousing
Joint Venture with Land Owners
Ecovillages in Dallas-Fort Worth
Cohousing in Dallas-Fort Worth
Community in Dallas-Fort Worth
Common Areas of Cohousing & Ecovillages:
What Affects Affordability?
Development is Risky
Hiring a developer or joining a developer-driven cohousing or ecovillage community shifts much of the financial risk from the members to their developer.
Developing property is risky. It has a high learning curve with the possibility (probability) of more than a few expensive mistakes. Although it is true the developer makes a profit, his/her expertise probably saves the group money that would be lost as the result of members' errors. The group has a good possibility of saving more money in the long run than it spends on the developer.
The developer handles some or all of the following:
This leaves the cooperative housing or ecovillage members free to concentrate on other items. Members can socialize, build community, discuss strategies, and reach consensus on the policies and procedures that not only make move-in day smooth, but also make day-to-day living in that community work.
Hiring a developer or moving into a developer-driven community certainly saves time, it almost always saves money, and it frees the members to build community and assemble policies/procedures.
In summary, then, the developer works for a certain amount of profit. The developer's profit not only buys a shorter time frame for construction, it also buys fewer risks for the cooperative housing community.
And because the developer is a professional with a professional team, the community will often save more money than the developer and his/her team cost the members.
Hiring a developer, then, makes good financial sense.
Does this interest you?
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Thanks for your help.
Read more about the common house.
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Questions? Please come to our next introductory meeting. In the meantime, call metro 972 251-1532 or 817 545-0140 for answers.
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