$260/month rents and $40k starter homes?
We’re investigating setting up a carpool commuter village for Bloomington workers and students, in Greene County (where there is no zoning).
Theoretically this could create huge savings:
$50-$100k (overall) total for 5-10 acres of beautiful land ~30 min from town in Greene county
+$5k (overall) in legal fees for a condo conversion to divide property for separate ownership, so people can get mortgages
+ $1-2k/unit cost for commercial septic
+ prefab houses at $25k/unit for a turnkey well insulated metal prefab 3 bed/1 bath, or $15k for a studio in a 4plex
+foundation and electrical and sewer connection costs
+transportation: cheap for IU affiliates via the vanpool program
=
< $40k starter homes (and correspondingly cheap rentals)?
We’ll spend time and money investigating. BUT FIRST we need to know if we’d be creating something people want.
So please get in touch if you’re interested in
- helping with this project
-getting an email (with possibilities to pre-order for a significant discount), if we succeed.
Frugality loves company.
Let’s work together to create a walkable new town, that helps the earth and our wallets.
Some Options for Locations, Amenities and Ownership Structures
Ideals and The History of Prefab Estates
Let’s Fight Housing Unaffordability Like the Greatest Generation!
Go west young man!
“Washington [D.C.] is not a place to live in. The rents are high, the food is bad, the dust is disgusting and the morals are deplorable. Go West, young man, go West and grow up with the country.”
— attributed to Horace Greeley, New-York Daily Tribune, July 13, 1865
Let’s build the future we want to see!
Links to social media with ,e.g., for group discussions and coordination tba (if there is interest)
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