“I think that community-building, sangha-building, is the most important, most noble work that we can do.” Thich Nhat Hanh
We are realistic about the considerable challenges ahead in both expanding our existing community and helping create new ones. One of which is cost.
Prospective members should assume that their homes to rent or buy will cost what comparable homes would and if they are going to buy still require a 15-25% downpayment. Community living will certainly save some money, but generally, it saves more time than money. If you are willing to give up “personal space” it will save you more money.
While the priority is to establish ourselves as a solid community, it is also our goal to explore a multitude of ownership options (shared residences, tiny homes, etc.) so that we can ultimately open our community to as many people as possible.
One advantage of locating at the edge of an urban center is the potential pool of associate members living in close proximity to us. We look forward to such members playing a major role in our community.
At our existing small community in the US, in Berkeley, CA and throughout much of the SF Bay Area Boston, NY… prices are approximately:
- $450,000 for a 1 Bedroom
- $550,000 for a 2 Bedroom
- $700,000 for a 3 Bedroom
- $800,000 for a 4 Bedroom
At a college town location outside of these major metropolitan areas, prices average 50% less.
- $225,000 for a 1 Bedroom
- $275,000 for a 2 Bedroom
- $350,000 for a 3 Bedroom
- $415,000 for a 4 Bedroom
This cost difference is generally true worldwide.