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2. HRSR 02-01-2016
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2. HRSR 02-01-2016
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1/28/2016 3:10:48 PM
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1/28/2016 12:27:44 PM
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City Government
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HRSR
date
2/1/2016
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RECOMMENDATIONS AND CONCLUSIONS <br /> designed to meet the needs of these aging Elk River residents, many of whom desire to stay <br /> in their current community if housing is available to meet their needs, will be needed into <br /> the foreseeable future. <br /> Twinhomes are also a preferred for-sale product by builders in today's market as units can <br /> be developed as demand warrants. Because twinhomes bring higher density and <br /> economies of scale to the construction process, the price point can be lower than stand- <br /> alone single-family housing. As previously mentioned, there are a number of new twin <br /> homes under construction in the West Oaks subdivision; however twin homes will continue <br /> to be in demand as many older adults and seniors will move to this housing product with <br /> substantial equity in their existing single-family home and will be willing to purchase a <br /> maintenance-free home that is priced similar to their existing single-family home. Move-up <br /> twin homes has especially been popular in the Twin Cities Metro Area over the past few <br /> years. <br /> Twinhome Examples <br /> F 4. <br /> Standard Twinhome—garage on end Standard Twinhome—garage in middle <br /> VIM <br /> AlittOi' ‘‘ <br /> WI <br /> lir <br /> , <br /> MAXFIELD RESEARCH&CONSULTING,LLC 103 <br />
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