This weekend, The Seattle Times shined a spotlight on a powerful shift taking place in the housing market, and reSpace was honored to be part of the conversation.
In a Sunday feature titled "Seattle friends reinforce their bonds with joint homeownership," the Times explored how buyers are finding new ways to afford homes in the neighborhoods they love, by teaming up. From friends co-buying fixer-uppers to multigenerational families pooling resources, the article highlights the creative and deeply personal ways people are building a sense of home and community.
And right in the heart of the piece is reSpace.
We're proud to be part of this movement. We're not just reacting to the housing crisis, we're actively redesigning how ownership can work for more people. Our co-homeownership model is built for today's reality: high prices, limited inventory, and a real desire for connection and shared purpose.
This summer reSpace comes to Seattle's Ballard neighborhood with:
- Private suites with a bedroom, bathroom, laundry, storage, and a wet bar
- Shared luxury amenities like full kitchens, living spaces, and outdoor areas
- A fully structured legal and financing framework, so we handle the complexity and buyers can focus on building ownership and community
As Katrina Romatowski, reSpace's Founder and CEO, told The Seattle Times:
"It's a way to get your foot in the door to step into real ownership in real estate."
Our first project, The Grove, will launch this summer in Ballard. With eight private suites across three homes, prices will start at just $179,000, a meaningful step toward making homeownership attainable in a place that has long felt out of reach for many.
Why This Matters
Traditional homeownership models no longer serve the needs, or reflect the values, of today's buyers. reSpace offers more than a place to live. It's a way to:
- Own real estate, even in high-cost Seattle neighborhoods
- Live near work, community, and opportunity
- Create intentional shared living with like-minded people
- Get access to ownership without giving up what ownership means
The future of homeownership is shared, smart, and rooted in belonging. More options. More value. More you.
From all of us, the reSpace team.
Frequently Asked Questions
What did The Seattle Times say about reSpace?
In a Sunday feature titled "Seattle friends reinforce their bonds with joint homeownership," The Seattle Times explored how buyers are teaming up to afford homes in neighborhoods they love. reSpace was featured as part of that movement, including a quote from Founder and CEO Katrina Romatowski on getting a foot in the door to ownership.
What is reSpace co-homeownership?
reSpace is a structured co-homeownership company in Seattle. Buyers each own a private suite with a bedroom, bathroom, laundry, storage, and a wet bar, while sharing luxury amenities like full kitchens, living spaces, and outdoor areas. We provide the full legal and financing framework, so the complexity is handled and buyers can focus on building ownership and community.
Where is reSpace launching in Seattle?
reSpace is launching its first project, The Grove, in Seattle's Ballard neighborhood this summer. The Grove includes eight private suites across three homes. Ballard was chosen because it captures exactly the kind of connected, walkable Seattle neighborhood many buyers want to live in but have struggled to afford on their own.
How much do reSpace homes cost?
At The Grove in Ballard, prices start at $179,000. That entry point is designed to make ownership attainable in a Seattle neighborhood that has long felt out of reach for many buyers. Pricing reflects ownership of a private suite plus shared access to the home's luxury amenities, with the legal and financing structure built in.
Who is co-homeownership a good fit for?
reSpace is built for buyers who want to own real estate in Seattle without carrying an entire home alone. That includes friends buying together, multigenerational families pooling resources, and individuals who value intentional, connected living. It suits people who want a foot in the door to ownership and a real sense of community close to work and opportunity.
How is reSpace different from traditional homeownership?
Traditional models often price buyers out of the neighborhoods they love. reSpace redesigns ownership so the cost of entry is lower and the experience is more connected. You own a private suite, share thoughtfully designed common spaces, and rely on a structured legal and financing framework, instead of shouldering the full price and complexity of a single home on your own.