Homestead
Cooperative of Mt. Horeb
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Independent & Friendly Living |
Homestead
Cooperative of Mt. Horeb was built in 1997, designed for non-smoking independent seniors, 55+, who are looking for a cooperative lifestyle. Being independent means you are able to be self-reliant and capable of making appropriate decisions on your own. What is cooperative living? What does buying a share in a senior housing cooperative mean for you?
Cooperative Living: Having a unit in a cooperative may feel similar to renting. You do not actually own the unit outright. You are paying for the right to live in a specific unit within the building. There may be fewer options when it comes to making changes, additions or renovations to the residence. Everyone shares in the expenses and responsibility for maintaining the upkeep of the property. Everyone who lives in the cooperative is considered a shareholder. Everyone is expected to participate in decision making and the effort to keep the Homestead building and grounds safe, clean and inviting.
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