Building Micro-Homes in Portland - 04/17/11 01:26 AM
A Portland developer is starting a 29 dwelling site of micro-homes ranging from approximately 360+ to 650+ square feet. The houses prices are yet to be determined.
It is located in a bike and transit friendly part of the city, which is essential as there will be no room for anything more than limited street parking.
As an appraiser, I have run into lending issues with dwellings under 500 square feet and I'm not sure if the developer is offering financial assistance.
Other than the forementioned issues, I'm excited to see if the public will envelope the idea (especially as we … (18 comments)