Pre-approved plans massively lower overhead costs and allow small scale developers, and owner financed projects, to get into the market.
I would love to turn my SFH into a plex, and I could probably finance it myself with pre-approved plans and no zoning stickiness. Considering we’ve gotten two sets of parents probably moving into the requiring care phase in the next decade, I’d love to crack on with this instead of needing to move to something already built and larger which would probably massively increase our transit budget.
Pre-approved plans massively lower overhead costs and allow small scale developers, and owner financed projects, to get into the market.
I would love to turn my SFH into a plex, and I could probably finance it myself with pre-approved plans and no zoning stickiness. Considering we’ve gotten two sets of parents probably moving into the requiring care phase in the next decade, I’d love to crack on with this instead of needing to move to something already built and larger which would probably massively increase our transit budget.
Getting your folks into a small plex could be great. I lived in a similar arrangement with friends and it worked out really well.