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Saturday, July 14, 2012

220 sq ft- ($6 vs. $4.20 per-sq foot price) Micro-apartments


Micro-apartments next for S.F.?

Updated 11:18 p.m., Friday, July 13, 2012
  • An illustrated interior of a proposed small apartment. / SF
    An illustrated interior of a proposed small apartment.
     / SFone-person households along with rising rents and an acute housing shortage.
The new minimum would be 150 square feet plus kitchen, bathroom and closet - 220 square feet in total, about the size of a one-car garage. The current minimum with all rooms included is 290 square feet.
- is 41 percent of San Franciscans live alone. There are a lot of people who don't need -units address escalating rents, saying that the compact dwellings are cheaper simply because they're smaller.
...
The ultra-efficient efficiencies will go for $1,300 to $1,500 a month, he said. Per city regulations, 15 percent of the units will be allocated as below market rate for low-income residents; he thinks those would rent for around $900 a month.
The current average rent for a San Francisco studio apartment is $2,075 a month, according to real estate service RealFacts. Those studios average 493 square feet, making the per-square foot price $4.21. Kennedy's proposed units, at 220 square feet, would rent for $5.91 to $6.82 per foot - a big premium.

Prototype 'smart unit'

Kennedy built a 160-square-foot prototype "smart unit" in a Berkeley warehouse. As compact and functional as a ship's cabin, the main living/sleeping/eating/cooking room feels larger than its 10-by-11-foot dimensions, in part because of a coved 9-foot-4-inch ceiling and a bay window.

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