With soaring housing prices pushing the dream of homeownership out of reach for many families, new solutions are emerging to address the affordability crisis in
Utah. Among them: sharing a brand new house.
Aaron Mackie and his wife Natalia, young professionals, found themselves struggling to afford a home in the rapidly growing city of Eagle Mountain. With Aaron working weekdays and Natalia working weeknights to care for their son, traditional homeownership seemed out of reach until they discovered a unique solution.
The R5 home basements are designed with input from the buyer, who can request specific details to serve their family's needs. They are also designed so in the future, if the owner no longer needs a rental, they can easily use the entire house without making expensive modifications. He was building traditional new houses with unfinished basements, until his family realized they needed to sell a different kind of home. They realized that making use of an unfinished basement could give customers the ability to buy the house and share the cost, which is around $600,000 for most R5 customers.
"They have their own home downstairs, we have our home up here. Of course, they are invited over for Sunday dinner," Nora explained, emphasizing the familial bond fostered by this arrangement.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ikon pass price increases, comparable to 2024-25 Epic price hikesBut Ikon passes still cost more than comparable Epic passes.
Read more »
Dollar Tree Raises Price Cap and Adds Higher Price PointsLast June, the company steadily increased its maximum price limit by adding $5 items.
Read more »
3 seafood processors announce closures, selloffs following historic price collapse for Alaska fishing industryTrident, Peter Pan Seafood Company and most recently OBI Seafoods – just last month – have all cited turbulent market conditions for their decisions.
Read more »
Arbitrum captures lion share of derivatives transaction volume, ARB price likely to revisit 2024 peakArbitrum has captured a large volume of the derivatives transaction volume, according to data from DeFi intelligence tracker DeFiLlama.
Read more »
EUR/USD Price Analysis: Retreats from the weekly high to near 1.0770EUR/USD retreats from the weekly high of 1.0789, which was recorded on Monday, snapping a four-day winning streak.
Read more »
Consumer Price Index increases 2.9% in Canada vs. 3.3% forecastThe high-impact Consumer Price Index (CPI) data from Canada will be published by Statistics Canada on Tuesday at 13:30 GMT.
Read more »