11/09/1987 Council Packet - Laserfiche WebLink

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acres) is in the rural zoning district with a ten acre lot size minimum. Dividing total rural acreage by ten, gives a total of 235 dwellings. * Lot -size requirements for sewered single family lots are 11,250 square feet, about average for the metropolitan area. * Minimum house sizes for the R-1 single family district are as follows: Rambler (3 bedroom) Rambler (2 bedroom) 1 1/2 Story Split Foyer 2 Story 960 Square 912 Square 912 Square 912 Square 850 Square Feet Feet Feet Feet Feet These are slightly below metropolitan area averages. * On November 3, Rick Carlson discussed with me subdividing 33 acres in southwest Lino Lakes. He stated "the character of Lino Lakes hasn't been determined yet. People are reluctant to build executive homes because value hasn't been established." If pushed, Carlson will build homes similar to Rohavic Oaks though he would be more comfortable in the $75,000 to $90,000 range. * Gaughan Company is interested in purchasing land in Lino Lakes. They've been in the residential development business for about a year. They will build high value or starter homes. Jay Johnson, the company's representative, stated there would be interest in building high value homes in the southeast part of the city. At present though, Gaughan is building on land near the "rehabilitation center." Now for some housing generalizations: * The market for starter (low cost) homes is decreasing. As the number of families starting the family formation stage of life decreases so does the demand for entry level housing. * It's difficult to build low cost housing on other than flat, sandy land. When soil corrections or extensive grading are needed it raises the cost of the lots. It reaches a point where builders can't get enough money for the lots without building higher value homes on them. * Metropolitan Council sees a slow down in house construction coming in the 1990's. Page 2