snut100 said:Petaluma is next. Looks like the big brother of San Mateo but without the nice features of Marigold in CV. Looks like Plan 2 of San Mateo is now the Plan 1 of Petaluma. Same old corner cutting by IP. You would think they learned something about building houses by now. What they learned is "how to price" their homes and to maximize the money they can get on upgrades. Plus their ability to use cheaper materials and pawn them off as high-end upgrades.
This model feels a lot like home.
MagicJ1zz said:AW said:Homesite 5 is residence one, next phase homesite 42 is $773k, so it's slightly cheaper...
$7,372 difference, nothing to write home about. They need to bring residence one down to ~$720k which will put it at a fair $427 sq.ft. Still a bit high but they can still profit by selling upgrades for those who want it. For those who don't want it, we can hire our Chinese guys in San Gabriel to come and tear out the shitty kitchen and re-do it for $10 grand.
I gotta give it to TIC though. They KNOW how to market this shit and people will come. I guess dumber people will throw money at it. Look at what happened to many Woodbury owners in 2006/7...
$7k discount, double that amount with an agent, not going to get you to $720k tho... Well, there's always resales...MagicJ1zz said:AW said:Homesite 5 is residence one, next phase homesite 42 is $773k, so it's slightly cheaper...
$7,372 difference, nothing to write home about. They need to bring residence one down to ~$720k which will put it at a fair $427 sq.ft. Still a bit high but they can still profit by selling upgrades for those who want it. For those who don't want it, we can hire our Chinese guys in San Gabriel to come and tear out the shitty kitchen and re-do it for $10 grand.
I gotta give it to TIC though. They KNOW how to market this shit and people will come. I guess dumber people will throw money at it. Look at what happened to many Woodbury owners in 2006/7...
Irvine Fanatic said:snut100 said:Petaluma is next. Looks like the big brother of San Mateo but without the nice features of Marigold in CV. Looks like Plan 2 of San Mateo is now the Plan 1 of Petaluma. Same old corner cutting by IP. You would think they learned something about building houses by now. What they learned is "how to price" their homes and to maximize the money they can get on upgrades. Plus their ability to use cheaper materials and pawn them off as high-end upgrades.
This model feels a lot like home.
The dreaded "4" is evident in many of the phase one addresses. Guess IP thinks their products trump superstition.
MagicJ1zz said:Went back to check it out at 4pm and the HYPE was still there. ASIAN INFESTATION. (east and west Asians) We were mostly interested at Petaluma. Very disappointed that the price is just too absurdly high, and they're forcing you to buy upgrades for release one.
I calculated $11,207 for Homesite 5 property tax is just absurd as well. Damn those MR.
msuum said:I heard from agent, Petaluma and Marin each has four sold so far. Not so bad.