Housing Needs. Think about the house you are living in right now, why did your parents pick that house? The three main reasons to choose a home ◦Location.

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Presentation transcript:

Housing Needs

Think about the house you are living in right now, why did your parents pick that house? The three main reasons to choose a home ◦Location ◦Climate ◦Cost

Lets talk about cost… Your house or rent payment should be approximately 25-35% of your monthly take home income ◦If a family makes 3, a month, how much should they spend on housing? ◦If a family makes 12, a month, how much should they spend on housing?

Other factors to consider when buying a house… Buying vs. Renting Local Climate Topography Population (age of neighbors) Culture Public service availability

City/County Zoning Laws What is a zoning law? ◦Regulating the way in which land may be put use.  Some areas may regulate building height, lot coverage, and similar characteristics, or some combination of these.  Most cities regulate whether or not land can be used for commercial or residential property

Housing Choice There are many different choices of housing…. Here are a few different types.

#1 Multi-Family Dwellings Duplex-Two identical units usually connected together (usually more spacious)

Apartments—Individual units in one large building.

Condo—Like an apartment but people generally own their own condo.

#2 Single Family Dwellings Prefabricated home-are dwellings manufactured off-site in advance, usually in standard sections that can be easily shipped and assembled.

Tract home-(also known as cookie-cutter housing) is a style of housing development in which multiple identical or nearly-identical homes are built to create a community.

Custom House-custom construction allows the homebuyer to make changes to the house plan.

Mobile home-A dwelling that sits on wheels and may be moved.

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