Monday, August 2, 2021

Duplexes to Sixplexes, Co-living Homes, Double ADUs and Tiny Backyard Homes are Legal in Portland. Will Any Be Built?

The Sightline Institute completed a study of legalized inexpensive housing. On Sunday, August 1, they released this article on the findings. Their crunching of the numbers revealed four types of housing that most likely won't be built because it's too expensive (for now) along with three types that could start adding new housing very soon. 

First, the three types are the most likely to be built right away: 

  1. Double ADU. An 800 SF home with 2 bedrooms. It would rent for $1,760/month.
  2. Home on Wheels. This 250 SF weatherized trailer or tiny home would offer a kitchen, bathroom, a/c, plumbing & electric. It would rent for $464/month.
  3. 7-Bedroom co-living. This 2,500 SF home would be remodeled for sharing and the bedrooms would rent for $919/month.

Still out of range based on current rents:
  1. New single-detatched homes - 2,500 SF, 5 bedrooms buildable if rents reach- $7,500/month.
  2. Remodeled older homes, 784 SF - 2 bedrooms - buildable if rents reach $3,581
  3. Triplexes - 1,166 SF with 3 bedrooms, buildable if rents reach $3,252
  4. Fourplexes - 875 SF/home - 2 bedrooms - buildable if rents reache $2,478.


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