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West Austin, Texas
30 Unit
Seeking $1.25m.
EM of 6
Construction Time: 19 months
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East Austin, Texas
420 Unit
Seeking $22.5m
EM of 7
Construction Time: 24 months
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Minneapolis, Minnesota
30 Unit
Seeking $1.86m
EM of 5.4
Construction Time: 19 months
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Pittsburgh, Pennsylvania
40 Unit
Seeking $2.25m
EM of 5.4
Construction Time: 19 months
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Grand Rapids, Michigan
13 Unit
Seeking $820,000
EM of 2.9
Construction Time: 16 months
Hera Homes
Our goal is to provide high density detached single family housing with our knowledge of building science; creating housing of the future.
MARKET OPPORTUNITY
68-80% of people believe that a home is a safe investment- the highest perception (compared to Gold, art, cars, stocks, etc)76-86% of millennials want to own a house, but can't because of student loan debt.Only 30% of millennials (making $50K+) own a home.39% of Americans have lived in 500 square feet or less.On the note of affordability - back in 2014, homes cost less than 95% of income. Now (2017) they are 112%. (Federal Housing Financing Agency)In 2012, families with an annual income of 10-30K spent over $4,394 in energy (utility) costs.In the US, in 2014, 7.3 Billion dollars was budgeted for energy efficiency efforts.