Elderberry at PS5

[Burn That Belly]

x

 

[bones]

How about this one? No motorcourt. Detached and massive sqft!! Feels like a SFH because all homes are street facing.  For only $888,888! Yet still no takers after 90 days. This Home would have sold quick in WB.
https://www.redfin.com/CA/Irvine/25-Conservancy-92618/home/12252194

Bought for $818k then tried to ask for $1.18k then went down to $888k.

Thats a Manzanita.  They're cursed.  The duplex products that neighbor it with also a ton of SF sell.
https://www.redfin.com/CA/Irvine/19-Arrowhead-92618/home/21929083
https://www.redfin.com/CA/Irvine/88-Ranchland-92618/home/40102599

 

[Burn That Belly]

x

 

[bones]

The previous seller and the current seller of Manzanita both thought they could fetch over $1M so they listed that first both in 2015 and 2017 respectively. Too bad looks like they aren?t even close. Had this home been in WB, SG or EW, sure it will fetch 1M.

Bones, why did those duplexes sell ?? They?re attached no?

You know how USC always talks about how a product sells out of the gate from a builder determines its resale success?  These two tracts are the classic cases.  Richmond America had a REALLY hard time moving these Manzanitas (detached condo) while Brookfield had no probs selling their duplexes (pair homes) right next to it.  Not sure why, but probably b/c the Manzanitas are ugly AF with meh floorplans and meh construction.

 

[Burn That Belly]

x

 

[bones]

The previous seller and the current seller of Manzanita both thought they could fetch over $1M so they listed that first both in 2015 and 2017 respectively. Too bad looks like they aren?t even close. Had this home been in WB, SG or EW, sure it will fetch 1M.

Bones, why did those duplexes sell ?? They?re attached no?

You know how USC always talks about how a product sells out of the gate from a builder determines its resale success?  These two tracts are the classic cases.  Richmond America had a REALLY hard time moving these Manzanitas (detached condo) while Brookfield had no probs selling their duplexes (pair homes) right next to it.  Not sure why, but probably b/c the Manzanitas are ugly AF with meh floorplans and meh construction.

Damn. That sucks. They bought for $818 in early ?16 and trying to dump it at $888. Hardly no money made at all. Talk about poor investing in Irvine.

Knew that house sounded familiar.
http://www.talkirvine.com/index.php/topic,13810.15.html

 

[Burn That Belly]

x