|
Metro-area home builders are turning to association housing—such as condos
<br /> and townhouses — as land prices soar and lifestyle preferences change.
<br /> • . ,
<br /> Y raw - x
<br /> e";:r`• 17.1---,,,o;^vid_,),,'f e s-rr ... 14-i", ;4 e. ,;-4,..`+NS.,, F a, -''..,!-Pi i,. '' 4,M' ;. `;'r'w.89_
<br /> z',;i"zi, ,,,3,4airt",c"'��'f.'4-fig; ," , ,_ �;"� . , ,:_ ,14.,.• c '- •' , t•` ��- ,"' k;
<br /> r..X. ',j';n7s',1.�9.�, '�.'r ,4�;,��t. •_h "x _w•,• - ' '�••r "�e',;=^'+:,", y,;. r;, .iF�r" �`•-",q5'"'� _se'
<br /> j,Y,i4�;.:��. � �$.I �,�'`•F^+,r;+�-,^:. _-2-'^. ,. i_; ' m�'YE _ �3„ 41t-_,,,,,,
<br /> „ Y�”
<br /> -z?u� �-r>—.1, u ;,�; ��v.�rG lNf`'�rv',-,�' e,,�ti.': . _ �p - �':�";:,;,;; y,���;,, t�t- �'�- '.„.„..,i01-,20'.._ - u
<br /> k f:r'v;�]- ;.,5rr-' k-.:"T-` - ay'' - r�,.�,+''""" �R e �S",-;''-...:7.;414,.--1'.-Y:
<br /> --1'.-'% ";S Xw,
<br /> ':w.{K- ,Y;, ,M�,+`5"� 't' {',y", -w; +. _ S.l�. ''Yr '7':. x� '^,-.,,,,ria" �,r'l.D; -t`f,; :;'7'^ 1, ��'. :., Es,w y,.;; ']:ir - s�
<br /> - - '?. _ µ . "48,'-T"�g•o';y,,,,,. t .;,^,.l ^?Ex?y :l ,',, _ =^i;=''i"01-4,'=i', +sit Z E;:.,2r i ,' .: •A r�r'',-,.,:.::'J'
<br /> 5,.+7,: '- •-'1i, Vit,7L,4 '''',i>..-'-''''4i'' `o"%i r, 4' .�,. - _c: ., �;4:; J'''u,`nf" I? ," i;e "`,.„..,•. 'Fv`?.;`"i:rr.,, . ..,ix^n=t_ ,,
<br /> c,"r. - Vr..• :y'1 ' J .-"_,..,-.;„. ..-:,,,,,,,s,,,, �3 }''.i'3#, H '.4'.=i4 +"I;V' ,4�'S., W '.. w',
<br /> _,',. n..".3,• .,,,,, ,,,,„ L.,•.,+ 1 Af. .--,,, �., ':,7i"".' 3+sd•E„S:_q,vXi, ,, 'r- ,rhT ,n;,„, Ce'_ -,1.
<br /> ✓i "�:'L':.`..' �,i ='r ,A;,v ' fig *".7'f',�?f'R:^ u�c�'T_''�'"Yr, y '-'" ;Mr. :”: `^'^w�^la-„a' ,w=�;r T,,,,•.•fJ`'h',,4..„+',,,,..;4„,,-,,... . ,
<br /> 4�=+r:;sh, .,y' ,, -,. .w,', • ..„,„.4.,,,,.,..„,..,,,,,,,,,..„,....,,,, ,14,'.'"ti ' • ., '..„. .5.,.., ',,,,.,,..,,,,„_,.,.,...,,,,,,,,,,,,,„...t„..,,,„..,w -' ,,, "t'k'-Nt.-,F, xt
<br /> ? :�M1,:r , �'''�+. 3r �, d,l'a�]�=; ,ya ,f, C],,rr,],ik�',t i'rY:3 .4='9411"-.'-:,�` -- . . n � ' }. '� �'�
<br /> x” 5-,+-' :' '.� ���"'''.."+ ';;:, +r ;,�y?, i::°'�:,t•,,'45:;3.+kr z•,'��''Y�L"'=:h;;;='..� ��z'. •r: �•y�,...-' : � y�)ig�r.lc,� +'rE�
<br /> �j` ,'N• ,TTS r w._,]• ," ,•S" ,i-..'i .5,'' ', '�,;^, °�%'�``
<br /> •-�-t���4'�L'F'r�•'�" 'k� �+ �-. •�'�,'',. --rte �, v" 4�,';r'• � � _ „, ,]Y, •i;w''`^mow, 9
<br /> ]'4]:w' ..=� -y,,, �}.- '�, , .`,�,rti.^ .m:.y Y1"'''.';-:-.*'
<br /> ���',+ 'S',�`rM �7Jy"�. ];5, �, 4t. "frY",•^.'f:-
<br /> Y,�ir's .,{«:7,�.
<br /> ' ' '`%ky''. s 4`-l• "M';^J�a- :::'� J, :a'^`_ '-sy;y + ,,",,,{ 'fr': . "i a•-'"___a,...*'i..I^�:.�.,:,, -•2,.x,�•,
<br /> 'ik; 7�c• 1.-.117:: 4!.17.Z.'..,,,....–.,�1 1 -L.,'4 "', yy�'` 1t�. ,�^j, :- L-d�',s,y`,,'�h,'`! ?Y ti L',.Y. "4., ” R ya..a, .„ _
<br /> '�4' +'- _ T -- 3f4 by'v ,y.�' s'Er, .,; ;i "F„ui.,4, '$ .i,'r'„ 'SY�.."T.: 4'a ,T'` ,{."'.
<br /> _ x - 'CY' 33,' i_• ;y,:• 5• ". "-; ._ :,v,,•a;,,.F,::er;
<br /> '�" .Pw'M,NQINWIR4'A-iY+_ !f` a'l: Xf i • �Y',.n „St'1a� ��T•,M'AWi',-'•';n '-'> 4 `
<br /> � ! - - " 4,,,. ,, -' ?.+',, ': `-: ',7%,-.',4.„,:ex it,: ,,v.,.,'_ ..:;, -2
<br /> _ :'em- a�aw ^SY ,}'•• "r'r,.:__ ",i;,,,?',.t,' ,''. ,'-k`' ".aJ+,� din -,7Me, .,'k. V
<br /> .. „ � --,h''•�. %��., .�,Z V',�,"J',r� '•'i54� ni1,'r '�,.,MM1•.`r"
<br /> =,y.i •;'ii? _,sxrr,_,-„�x",r],-": , -a',nk�r•p'��,.„irF-r'� ;.• "; ; ' : ; ''n''- `.'' y � J r:te-�,^,nir'' ''.&,;',.-
<br /> '_ ` �:,,�•% •.9 ;T1y,'.«'"•'.
<br /> ?s,r
<br /> 'r.`..c.
<br /> ,' ,- i., : -,:e.4,445,.., V 3"u1; -;. y-; fi ,� , ' ,
<br /> •
<br /> .^,mom . '.:-..17,..•-4,.11Z. .,
<br /> , • � '� n ^ qM • ;�;:„�i�;Y«r�„',. �r =r �� s ,r : t '”-.wfs. . h* -" w'k "
<br /> w ;,N�;„ , • k . + �.=; • .,• W *gt,": ' a ` ' mowr�
<br /> . v'M' 4 % 4,-t+,:Ai i.; n '.4. • ; ' " � ' yc , ' "-'� f" ,f `yrWtie..;,^ '.tAr' N,: "w'.k .,".3,01;•� ,w.'.:^i-'"rn�YMir •� :,!?i'sx * ; '' '� " ' . 4.� .1;:Z-°,^"wr 7rrtti: r : s � ,' ;,yr ,V4-i.:_ '' i1,;zx,r r�,s ,s
<br /> 040
<br /> "k„t'4 ' �kf'E' Z.:14,-, it-"Itig:44:#0*' ry -ye.,4.-- n, Tx , ,;1,, ; aT=' r , :+ , ki „ '' r ;, fi:;'r' - -.'''''':‘i,;,-;',1ak' r4 -`b" « _ -� j;. . • ."�r**,`-'v GZ: ‘ h:}
<br /> •
<br /> . ^ 4.ft" ,ya ,'- ,{;..,:., , •� ,_ � t,. ' , 0-•-,': *�Y�. .. '�,-s-�s+ , ' �4-- -,-, ��, 5 ^stiv ,4r.s �,:", 14. 'r '•3',,,,,..;;;;.•• d. ,.a . - s ^s•, - '� '� , 5744 `,4,;. _",ih ". € rryrk1.,,'y"7x . , ,apX :X ,:e- y , '-.n , ; A "' ?J,,,.:r:T=, '..;:u,-,:;,:;- „,,,,,A,..,...,4„,,,,,.=,,,,;„.4. **_.-..
<br /> ;,:`' 54- _ �,• I P" �!,,_ri ,"r'”:nk„, ,v.„,,,,x^?, ,i,,;, ,"•y�«4,...'' a:r, , ,., 1,-;r+,y,4'x.e? ,,,,€"°,w,„+,,�r-, Y::^ , „s! „ i'^:y- - S'••_g', '_ w.,...e , „M1d , �,. ,4 �,vrwo- ; - " iiY34,72.l .,,,.,,..4,-,..,_-;,-..,,,,,„,..,.,....z.%:-4..,= .: _�K"'5 '+Y - ;,tet: ' N4' �";Fr.0- 5_ ' i , -,y-&=Fy •Ti- .,r.'" :C : l "Vw,'s,^k .i `"1.+ -1,•;„,..,;,',.,„;,-- ,..,.�rW w- ,-" .�" "^r + -
<br /> nk' �a `��k',�v ?.:^i'n:,'Y'•r- :.:� -
<br /> In
<br /> -t,; :s:• i'= ,,,+''; °-,""�•'- ,1, ,; ,',p',," .Awr.a:, ki:• ,,uiDY,";:''' „."N">- - ,._ *-• tR -1-Nr.,'7tnso £' „'w.,x:yr*?y-`^ „v—`,s-7w ,;. z5;,,,41", _ _,-+:,y.ym. � - j „, ',"b„- s c,yYs'" t ���d'.' ,;.tiaz1 =',' iwi -n> u:It "-i �+`- ;},a y� - 1,,.,'a7:",:.r5 '. . -^.y/,.- � "', '",- .wf-` ' ' r 1,;�" ,' y, ,n • r^--,~=:
<br /> wy:"� . .:, . yx ;?Wx:}4- :,"i�„_
<br /> V"
<br /> ',��" { -,''','-,*,t':=- , - -li,. ,3ax. , - ,wj +:. ' �' t,074f-4-.:v r; _.- hy '",-^:,:',,,,,i,-:,'.r� k%.,h�: ,,i,r'� ": - . �; 7!,-,;,-,V.., • � ' 1 Ytf' �clvA _ ,4-+.. , "',.-".1"-,"•,._',•-•,:,-,:,....'
<br /> _ _ --,,,,i,,.44,„,.2:_-,,,„'4,,,,,,:i.,.....,
<br /> -
<br /> y,� • h: -Kny ;S , _ • ' .• 1' , i 4 ''- is; y '.: v " ^ " s "t4 _ •*" ., ,f `r ',,,-....,.,..14,17P1-4 _
<br /> 4.4
<br /> ` ,?t^w,;„* tz"rt *-**w - , F*fy” , _ " v,r- �"� " ';`'-' 44, ,,x• 4:' i• ` , w * • ' �+ "'"fir,'..,'..4:44," � `�' •7 ' Oa? „ _ _ :. ` .x ,�x11°,A,: y - n��4- -'_s-w :»-'t.ini y,„ y ;'ik •-�-,",::„e., „ ,,z4.14,--44,,,,,%'''',4-,t'
<br /> : !” "y`.",. n?`t'q�.. ;....1'...,...,
<br /> n„„r ..'� ,;*-'r�.yy: .:tir , - wv:., -'_,,r,-v•r..'e=;r.i,:^' r,.ri:"� M,.4.-. ";,MW!�m-,A:^:Zsw:ta,:;F::T'a .iv-, sf+,raw`" „ r:''j-�';, zr ---6':;,.,,,c.:!..—:, ,•f + � >,.^
<br /> 7. •Joey McLeister/Star Tribune
<br /> 'i Dean Hanson of Andover-based Hanson Builders has built many of the twin homes in the Meadows of Elm Creek development in
<br /> Champlin.Association-maintained housing has become 30 percent of his business since he started building it three years ago.
<br /> ® „ t. ,® II
<br /> . , 1 I -, ':1
<br /> r _ , lit
<br /> a , . ioci ,-,,..., tion
<br /> -,, , .,
<br /> .... .....s.... .. ,
<br /> . ..,
<br /> ..,..,,,
<br /> Low-maintenance life By Neal Gendler prices, and association housing helps
<br /> Attached housing's share of new houses Star Tribune Staff Writer constrain prices by using less land per
<br /> built each year in the metro area.* unit than do most single-family
<br /> After more than two decades in houses. Economies of scale by build-
<br /> 50% homebuilding, Dean Hanson of Han- ing many similar units close together
<br /> 42.8 son Builders put up his first multi-unit also keep prices lower.
<br /> 40 39.4 s 36.s 37.0 homes three years ago.Since then,as- Association housing includes high-
<br /> 4. sociation-maintained housing has be- rise condominium buildings, town-
<br /> 30 ,<; ;;;,:" ],;::; `i: come 30 percent of his business. houses of one to three stories, twin
<br /> •L`'- -,'V;: ;� He predicted that in five years, the homes and detached single-family
<br /> �,;, .,• • * proportion is likely to be 60 percent. homes sometimes called villas or pa-
<br /> ,-,,,.-'
<br /> "x' There's definitely a strong move do homes.What they have in common
<br /> 10 , . '.: menti"Hanson said. is being part of an association that` ”" Part of what's driving it is changing maintains exteriors and common ar-
<br /> 411)
<br /> o 4/98 4/99 4/00 4/01 4/02 lifestyles,as some people want to own eas and that might own the structure.
<br /> 'for 12 months ending in April of each year. homes that provide privacy and build
<br /> Does not include all forms of association equity but free them from the respon- ASSOCIATION continues on D4:
<br /> housing,but nearly all attached homes are in sibility of maintenance. —Price of land has been driving the
<br /> associations,and they make up a significant Others are driven by price.Builders demand,builder says.
<br /> share of association housing. say a shortage of land on which to —Rising prices for existing homes also
<br /> c,,,,, o.qoc,,o +,,,ooco,, , Q,,,,, o, build is behind soaring new-home have boosted.calac-
<br />
|