JOIN THE WAITLIST

Homeownership at Rental Prices – Start with $0 Down!

Be the first to discover new reSpace properties hitting the market!
New Projects
Ballard location - 8 Suites coming soon.

Average suite price is $200,000

Past Projects

Lake Washington Waterfront

Queen Anne Retreat

Private Ballard Suite

A

Renting

Average Rental Cost

1 bed, 1 bath (Seattle area)

$2,495

$2,351

Swap Rent Payments For Home Equity

Why pay your landlord’s mortgage when You could be building equity in your own home? Own your home for about the price of rent – $0 down, no catch.

Homeownership,
Made Simple

We create stunning private suites in residential homes and fractionalize ownership, giving everyone their own mortgage and the perks of owning a home.

01
1.
Identify the neighborhood you want to buy in, but thought you could never afford
2.
See pre-sale opportunities with reSpace
3.
Get on the waiting list to be the first notified as new reSpace properties become available.

Live In Sought-After Neighborhoods 
For An Affordable Price.

Currently enjoying co-living? With reSpace, seamlessly transition to fractional homeownership in prime neighborhoods and experience upscale living with like-minded individuals.

The perks of living in a reSpace home

Exclusive Private Suite

State of the Art Appliances

Parking with EV charging

Shared Living Room

Fully Furnished

Own for the same cost of renting

Designer Kitchen

Cleaning and Landscaping

Superior living spaces

We Make Spaces Designed To Bring People Together

Our homes feature communal living areas and multifunctional spaces. From spacious kitchens perfect for shared meals to cozy lounges ideal for group activities or quiet conversations, every detail is designed with community in mind.

What They’re Saying About reSpace

Fractional Ownership Is Revolutionizing The Market

Join us in making home-ownership affordable and accessible for everyone!

Invest as little as $500 in our Fundraising Campaign

You Have Questions And We Have Answers

Co-Homeownership (CoHo) is a modern way to own a house that makes buying a home easier, helps build stronger communities, and shares the work among many owners. It’s a contemporary idea that creates welcoming and supportive places to live.

Co-Homeownership is a team-based approach. It uses innovative housing models and adds services to support the people living there. This modern method is more about working together and supporting each other than the traditional way of co-owning homes, which focuses mainly on legal arrangements.

  1. While “Co-Homeownership” and “Co-ownership” sound similar, they mean different things.
  • Co-ownership of Homes: This focuses on the legal side of sharing property ownership. It’s about the rules and laws about how people can share owning a home.
  • Bound financially – everyone sells, or no one can sell
  • No rules of engagement among owners (vs highly refined, thoughtful rules of engagement)
  • Homes are typically owned in toto rather than offering privately owned spaces and shared common areas
  • Co-Homeownership: This is about more than just rules. It focuses on how people live together, improve their quality of life, and build communities. It includes new ideas and services that people find essential today.
  • Collaborative: Focuses on the practical aspects of community-oriented living.
  • Innovative: Includes modern ownership models and stable financing methods
  • Support: Provides high-quality services for home automation and maintenance.
  • Accessibility: Inclusive, aiming at making homeownership more affordable.
  • Developer-backed: Includes property developers’ continued investment in the community.

Co-Homeownership is all about making it easier for more people to buy homes. It uses new ways of sharing ownership and often includes extra help, like management services, to support the homeowners.

A Fractional Ownership residence. As an owner, you have exclusive use of your suite. Including bedroom, bathroom, walk in closet, wet bar, coffee station and en suite laundry area.

Buyers also have shared use of common areas such as those listed below: 
Living Room: Fully furnished living room with designer furnishings and appointments.
Kitchen: Luxury appliances and well appointed spaces for functional group gatherings and an elevated culinary experience. .
Pantry: Walk-in pantry with built-in cabinetry for storage.
Outdoor Living Spaces: Thoughtfully designed spaces gathering areas.
Parking: Options for dedicated parking space with EV charging station.

Property expenses are divided based on the ownership percentage of the fractional owners who have the right to occupy the property. Expenses such as cleaning, lawn care, property taxes and insurance, repairs and maintenance are divided amongst the owners who have use of the property. 

This includes property taxes, insurance, grounds maintenance, cleaning service of common areas, repairs, handyman service and professional management. It does not include insurance for personal items of value such as jewellery which should be insured separately.

They can pay cash, or they can utilize reSpace Seller Financing. reSpace is willing to accept payments over time for this sale (rather than all up-front, which is more typical). Financing terms will be based on current interest rates. 

Any owner may sell their share at any time subject to the terms of the Fractional Ownership Agreement. 

Yes. Each home and neighborhood is unique. We will schedule a consultation with you and your Seller to create the options that work best for their property. 

Your Buyer would own as a Fractional Owner.  This is where they as individual owners have separate fractional ownership interests in a home. This allows individuals to own their own suite in the home and share common areas in such as the kitchen, living room, dining room and outdoor living spaces. Buyers receive a deed to their fraction of the property and are free to sell their individual suite at any time.

A Fractional Ownership residence. As an owner, you have exclusive use of your suite. Including bedroom, bathroom, walk in closet, wet bar, coffee station and en suite laundry area.

Buyers also have shared use of common areas such as those listed below: 
Living Room: Fully furnished living room with designer furnishings and appointments.
Kitchen: Luxury appliances and well appointed spaces for functional group gatherings and an elevated culinary experience. .
Pantry: Walk-in pantry with built-in cabinetry for storage.
Outdoor Living Spaces: Thoughtfully designed spaces gathering areas.
Parking: Options for dedicated parking space with EV charging station.

Property expenses are divided based on the ownership percentage of the fractional owners who have the right to occupy the property. Expenses such as cleaning, lawn care, property taxes and insurance, repairs and maintenance are divided amongst the owners who have use of the property. 

This includes property taxes, insurance, grounds maintenance, cleaning service of common areas, repairs, handyman service and professional management. It does not include insurance for personal items of value such as jewellery which should be insured separately.

They can pay cash, or they can utilize reSpace Seller Financing. reSpace is willing to accept payments over time for this sale (rather than all up-front, which is more typical). Financing terms will be based on current interest rates. 

Any owner may sell their share at any time subject to the terms of the Fractional Ownership Agreement. 

Yes. Each home and neighborhood is unique. We will schedule a consultation with you and your Seller to create the options that work best for their property. 

Have Questions?

Text or call us from
Monday-Friday 9am to 6pm (PST).

You can also text or call us at:
(206) 222-6322

Or reach out via email at:
info@respace.co

×

Be the First to Know About Our 60 Upcoming reSpace Properties!

LEGAL COPY:

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.