villiagepeople
New member
dealcatcher said:Irvinecommuter said:NYT said:Irvinecommuter said:USCTrojanCPA said:How the hell is LR overpriced? It's about the same per SF cost as a similar TIC home but without Mello Roos. You just said earlier that your main interest in the home is the interior and not the location. Those Las Ventanas homes are about 1/2 mile from your Saratoga home and both of them are in Irvine...so what's the issue?Irvinecommuter said:qwerty said:Irvinecommuter said:Yes but that's also important considerations. I went to both LV and LR and didn't care for either one.
Let me get this right, you did not care for LV or LR, but you loved Saratoga? Right.
Clarification: LR looked great but seriously seriously overpriced.
I went to see LV a while back and didn't care for it all that much. Also, being in Portola Spring was not great for me.
I don't love Saratoga and wouldn't buy it if I couldn't get the conservatory. But again, you prioritize.
1) There is a level of affordability when you get into $1 million. Overpriced in that I don't need a 2700 square feet house for $1 million....I am fine with a 2400 square house for $800K.
2) I don't think I have ever said that location is not important. I am paying a premium to live in Irvine and in Stonegate...the location cost premiums are are factored in. Portola Spring is about 1.5 miles away from Stonegate and not close to any shopping areas. It is also set in a hilly/valley area and a lot warmer to me than Woodbury/Stonegate. It's a personal preference, I just don't care for Portola Spring.
If it's a larger home but more expensive, that's not "overpriced". It's appropriately priced. It may be a larger home than you need, but don't say that it's overpriced simply because you can't afford it.
Also, while I haven't done the calculations, I can't imagine that there's a significant price difference between Stonegate+MR and Lambert Ranch without MR spread over a 30 year mortgage.
The distance between LR and Stonegate is minor at best. You may perceive a different climate, but there isn't.
I looked to buy a new home in Irvine for 3+ years. The locations I looked at ranged from Laguna Altura to Portola Springs (and even outside Irvine, as far north as Brea and as far south as Ladera Ranch). For my needs, Lambert Ranch was the best (the main factor being that TIC floorplans didn't meet my needs and I subjectively found them as boring as could be). For your needs, Stonegate was obviously best. But to say that LR is overpriced is just not true ("overpriced" isn't the same as "I can't afford"), nor is it to say that there is a different climate in LR compared with Stonegate.
Agreed. Overprice was not the right terminology. Affordability.
As to the climate, it's just my personal opinion. Everytime I have visited PS, I feel it to be warmer. It's not scientific.
I actually did numerous tests on the temperature difference between Portola Springs, Stonegate, and Woodbury. This test included both daytime and nightime tests during different seasons of the year (over the past year and a half). Results of my test was that there was rarely ever a temperature difference between these communities. I also included the Irvine Spectrum as part of my test and only saw a 1 degree difference on some days. This wasn't enough to notice.
I have a cousin in woodbury and another who lives in ps, i live in sg... and i visit them often. i have to agree with commuter. On the hottest days in the summer, Portola Springs "feels hotter". Also, again nothing scientific just anecdotal, but it's also windier, which makes up for the extra heat, in my opinion.