LIVE BOZEMAN STYLE

Housing, of any kind in Bozeman, can be hard to come by; especially in this dynamic market.

As many of you are currently experiencing or have experienced, trying to find housing under $500,000 is a near impossibility especially considering 60% of our market in January to April transacted between $600,000-$800,000. In Bozeman today, a single family property under $300,000 is a unicorn.

Meet my friend and client Sam, co-owner of Foothold. Sam and his partner Hannah are creating intentionally designed, financially accessible, homes. It is Footholds core principal that everyone should have access to well-designed and functional housing. With that in mind, Foothold's homes are currently being produced at roughly $200 a square foot and start at 600 square feet. That means, you could have your own single bedroom, single bath, single family home delivered to your site for $120,000 today with Foothold.

Did you know, in the Bozeman City Limits, we currently have upwards of 10,000 underdeveloped lots that could allow for an ADU to be placed? Is this something you've considered, but been discouraged by the cost and difficulty finding an available builder? Be sure to check out "The Alder". This particular home is designed to place on top of the garage. It is a 1 bedroom, 1 bathroom unit. In Bozeman similar properties are renting between $800-$1,500 a month - location dependent. Quick math - if your lot qualifies for an ADU and you place the Alder on top of your garage, you could pay off the initial structure investment, with rental income exclusively, in under 7 years. During that period, you've doubled the occupancy of your land, increased your resale value exponentially and given someone a home to live in. You financially benefit, and our community as a whole is bolstered by your investment.

Through building smaller and smarter, Foothold homes are designed to do right by you, your wallet, and the earth. Foothold delivers a finished home product to the existing foundation on site. The structure has been inspected at all county permitting stages necessary to ensure it qualifies for financing. As the property is fully constructed indoors, one of the greatest construction challenges in Bozeman has been averted - moisture!

The big question today - when can I have it? Fast answer - probably May 2022, at the earliest. I know, you are thinking - but Erin, why so long! Well, remember, I mentioned there needs to be a foundation poured? That is factor number one. Once your site is ready, Foothold delivery on site takes about 10 days, from start to finish. So it is really it can be so very fast!

Curious about finishes? Be sure to check out the options available to you, I am sure you can find the right fit for your property today. And remember, if you are curious about whether this might be possible for you, give me a call! Let's talk options together.