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Modern Balconies

COLIVING & COHOUSING

WHAT IS COLIVING?

A modern way to live with community, flexibility, and shared resources.

DEFINITION

Coliving is a housing model where people share a home intentionally. Residents typically have:

  • A private bedroom

  • Shared kitchens and living spaces

  • Community activities or shared values

Coliving combines the privacy of a home with the social benefits of community living.

Eclectic Living Space

WHAT IS CO-OWNERSHIP?

A modern way to live with community, flexibility, and shared resources.

DEFINITION

Co-ownership is when two or more people purchase and own property together.​ Each person owns a legal share of the property.​ Ownership can be structured through:

  • Co-ownership agreements

  • Tenants in common

  • Joint ownership

  •  Property partnerships

Blue Tones

Example
Co-Ownership Scenario

Home price: $1,000,000
4 owners: 5% Down payment  ≈ $50,000 ($12,500 each)
Monthly housing cost ≈ approx. $1,310 (OFTEN LESS THAN RENTING)
After 10 years: Each owner could build $150k–$300k equity depending on market growth.

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BENEFITS OF COLIVING

Affordable Housing

Sharing a home reduces housing costs.

Community Support

Residents enjoy built-in social connections.

Shared Responsibilities

Maintenance and tasks are divided.

Pathway to Ownership

Coliving can lead to shared property ownership.

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