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this post was submitted on 19 Jun 2024
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I don't and the parking again is cheap relative to the finished area per square foot. Granted part of it is the way the 5 over ones and such are done with the one is part of the foundation and so can handle the higher weight.
Rough estimates are $90 / sq foot for parking, $160 / sq foot for finished construction.
But guess which one sells and rents for more?
In my area the parking sells and rents for more per square feet but I don't think they should allow that. It should have to stay with the unit. Honestly another thing is condos should have to allow the parking to be used for general storage only being allowed to require it stays within the area and maybe that it has to be in a cabinet or such to keep it neat and such.
If parking sell/rents for more than housing, you should be building parking garages instead of condos. Peter you aren't maximising potential of the land.
Allowing storage in parking stalls is inefficient. They should be leased to people who want to pay. Massive lanes between storage lockers is inefficient space usage. Task cabinets blocking sight lines is a safety issue. Just use strife lockers.
Also it would be more cost effective to rent finished area for storage instead of parking spaces, since the later rents for more.
im not talking rent for the last part but places I have lived have had rules that parking spots are only for cars and its quite annoying.