Realife Cooperative of Osseo

Only the best parts of home ownership


Share Prices and Monthly Costs

A Realife member purchases a share in the cooperative corporation. One share is issued per unit. In the Realife Cooperative of Osseo there are 77 shares available. The share prices and monthly charges vary according to unit size and style.

Type Square Feet # of Units Share Price* Monthly Charge Minimum Annual Income Required
Kelley - 1 br,
1 bath
832 4 $36,756 $854 $20,191
Sibley - 1 br, den,
1 bath
832 3 $36,756 $854 $20,191
Ramsey - 2 br,
1 1/2 bath
1,043 28 $46,123 $1,061 $25,591
Snelling-2 br,
1 3/4 bath
1,174 19 $53,874 $1,193 $29,034
Lindberg - 2 br,
1 3/4 bath
1,179 20 $55,693 $1,209 $29,452
Mayo - 2 br, den,
1 3/4 bath
1,359 3 $62,371 $1,381 $33,939
*The monthly charge includes the shareholder's proportionate costs of:
• Mortgage principal, interest and insurance premium
• Real estate taxes (homestead)
• Natural gas, water, sewer and trash collection
• Telephone (landline), Satellite Television & Internet
• Grounds maintenance including lawn care and snow removal
• Operating and replacement reserves
• Insurance, including fire and liability for the building
• Onsite staff, including bookkeeping, administration and management
*The monthly charge does not include:
• Electricity
• Personal property insurance within your home
• Indoor parking space $40.00 per month

A share belongs to a member until the member, or his/her estate, decides to sell their share.