Portland Oregon average price per square foot micro housing and rain.

I am so sick of rain.

I am contemplating getting out of Portland for at least a month if not longer next winter/fall/spring. It rains all the time here and its starting to get really depressing.

Just down the street from my apartment there is a new development project called Division 43. The idea of this project is that they are building "green" micro homes (condos actually) ranging from 350 to 700 square feet or so. Prices for these condos start out at $120,000. While I think the developer has the right idea sort of,  I really don't think those units are going to sell very well.

Some environmentally conscious folks might buy in, but most i think would end up building their own micro house before buying a prefab condo. And the yuppie set who do the "green thing" when it's convenient (no judgement here, I am 'green' unless it's a pain, and then I'm not so much) are not going to be willing to spend twice the going rate per square foot for a condo that doesn't have parking and will most likely lose value faster than a new car when you drive it off the lot. Whats more, you have property tax and condo association fees to contend with. Renting green is just as easy in this town, doesn't involve a commitment and it's usually cheaper.

I would consider buying one of the smallest units if they were selling for the going rate per square foot in Portland which would put the smallest 350 square foot unit right around $65K. If all else fails I could rent it out when I go to Arizona for the winter.