Irvinehomeseeker
Active member
Yousr said:
How much is the sqt for plan 2? Is it 2600 or more like 2900?
Fresco @ Eastwood Village
- Thread starter stonks
- Start date
NEW -> Contingent Buyer Assistance Program
How much is the sqt for plan 2? Is it 2600 or more like 2900?
The plan 3 price in phase 15a doesn?t include a loft, so it?s is actually 32k more expensive than the previous 14c release.
As for phase 15b, the price includes a loft and a conservatory (110k+90k value), so it?s actually $138k more than in 15a. My guess is it breaks down to a $38k increase in base price plus another ~$100k in lot premium. Not sure exactly how big the lot size is, but it appears to be one of the largest lot sizes in this whole development. Not to mention having no neighbour's on the back side, and being one of the very few floorplan 3?s available that can accommodate a conservatory. So all around, it?s a pretty unique lot.
True, but these were built on fairly larger lots on average compared to the extension phase lots (i.e. ph 12 and beyond), so the floorplan 3 conservatory was the rule back then not the exception. And even then they still had to pay a lot premium (~20-40k at the time). Now, fast forward to the extension phase lots, with the plan 3 conservatory being the exception not the rule (only 3 out of the 23 plan 3 lots offer a conservatory because of the setback limitation). So factor in time and scarcity, and you get the idea
Does the plan 2 in phase 15b include a bonus room (loft) + conservatory, or only a conservatory?
Since phase 14c = 2.113M for 2944 sqft, if phase 15b = 2.235M for 2944 sqft, assuming with 100K big lot premium, then the price increase between 14c and 15b is only 22K, much smaller than the plan 3 increase.
They say it includes a 5th bedroom, 4th bathroom, so not sure how much more expensive than a loft this upgrade is. But also, this lot premium should be less steep than the plan 3 home. It looks much smaller on the map. Overall, it?s kind of difficult to gauge exactly how much the base price went up by over the previous phase, but yes, looks like it slowing down a bit (in the 30-40k range)
Talked to IP rep today about this house. You are right. The house was signed for. He said quite a few people were interested in the home since it was on redfin but someone high on the pre-approval list got it.
All houses in phrase 15 a, b are gone too. 15c should be coming soon next month.
Thanks Danimal for the update. I think like Irvinehomeseeker said before, it?s good to take what the sales office says with a grain of salt. They make it seem like there was lots of interest in the house when it shouldn?t have made it to Redfin in the first place. Interestingly, my wife shared with me a couple of days ago an IP email directly marketing this Fresco single story home to their list of subscribers. I haven?t seen this happen before?ever.
I got that email too.
Steve from Built-Rite is the person have used In the last 2 new home builds. Charges about 450-500$.
IP normally does a pretty job with their builds. Inspection from Steve didn't find anything major...mostly cosmetic. IP has a 30 day walk thru and they take care of things pretty well. The 3rd party Inspection is mostly peace of mind...but after spending close to 2M for a Fresco home, 500$ for peace of mind is not a bad deal
Just wondering if they are offering you a pre-orientation walk through in addition to a final walk through on the day of closing or only the final one. I am asking because their customer care rep. told me that for future phases they are going to do only the final walk through as they don?t have enough resources. They will address all your issues after closing regardless.
They only offer one final walk through. My walk through for Bluffs 2 is 5/25 (original closing date) and closing date is 5/27.
I see. They used to provide 2 walk throughs 1 week apart which was kinda nice, you know, to knock down any major issues before you actually can start moving in. Generally, you want to pay very close attention to the house for the first few weeks. I think their quality of finish and sign-off standards have been very lax due to the pandemic. However, they will stand by everything that needs to be remedied is my experience.
My final walk through is on the 05/26. Closing on 06/02 and meet up with construction manager. My guess is on 06/02 they will go over what they are able fix/adjust from first final walk through and things they will try address post escrow.
I was able to reserve Steve from Bilt-Rite for inspection on final walk through day just for a piece of mind.
How much is the sqt for plan 2? Is it 2600 or more like 2900?
Danimal said:
The plan 3 price in phase 15a doesn?t include a loft, so it?s is actually 32k more expensive than the previous 14c release.
As for phase 15b, the price includes a loft and a conservatory (110k+90k value), so it?s actually $138k more than in 15a. My guess is it breaks down to a $38k increase in base price plus another ~$100k in lot premium. Not sure exactly how big the lot size is, but it appears to be one of the largest lot sizes in this whole development. Not to mention having no neighbour's on the back side, and being one of the very few floorplan 3?s available that can accommodate a conservatory. So all around, it?s a pretty unique lot.
box said:
True, but these were built on fairly larger lots on average compared to the extension phase lots (i.e. ph 12 and beyond), so the floorplan 3 conservatory was the rule back then not the exception. And even then they still had to pay a lot premium (~20-40k at the time). Now, fast forward to the extension phase lots, with the plan 3 conservatory being the exception not the rule (only 3 out of the 23 plan 3 lots offer a conservatory because of the setback limitation). So factor in time and scarcity, and you get the idea
sleepy5136
Well-known member
Yeah I saw them. I cannot believe a 2.3m home cannot give you a legit full driveway. Buyers should be pushing back and straight up give them the finger to builders that do this. It's ridiculous. No one should settle for this BS.box said:
Yousr said:
Does the plan 2 in phase 15b include a bonus room (loft) + conservatory, or only a conservatory?
Since phase 14c = 2.113M for 2944 sqft, if phase 15b = 2.235M for 2944 sqft, assuming with 100K big lot premium, then the price increase between 14c and 15b is only 22K, much smaller than the plan 3 increase.
huuur said:
They say it includes a 5th bedroom, 4th bathroom, so not sure how much more expensive than a loft this upgrade is. But also, this lot premium should be less steep than the plan 3 home. It looks much smaller on the map. Overall, it?s kind of difficult to gauge exactly how much the base price went up by over the previous phase, but yes, looks like it slowing down a bit (in the 30-40k range)
Yousr said:
Talked to IP rep today about this house. You are right. The house was signed for. He said quite a few people were interested in the home since it was on redfin but someone high on the pre-approval list got it.
All houses in phrase 15 a, b are gone too. 15c should be coming soon next month.
Danimal said:
Thanks Danimal for the update. I think like Irvinehomeseeker said before, it?s good to take what the sales office says with a grain of salt. They make it seem like there was lots of interest in the house when it shouldn?t have made it to Redfin in the first place. Interestingly, my wife shared with me a couple of days ago an IP email directly marketing this Fresco single story home to their list of subscribers. I haven?t seen this happen before?ever.
sgip
Well-known member
Perhaps with pricing peaks ahead, rate surges, and other factors the CP wait list had been thinning out. A little to no cost Redfin Listing was a thrifty way to gauge buyer interest and reach a wide, tightly focused market. I would have done the same thing if this was a community I needed to ensure it would sell out.
My .02c
My .02c
CalBears96
Well-known member
Yousr said:
I got that email too.
Irvinehomeseeker
Active member
Danimal said:
Steve from Built-Rite is the person have used In the last 2 new home builds. Charges about 450-500$.
IP normally does a pretty job with their builds. Inspection from Steve didn't find anything major...mostly cosmetic. IP has a 30 day walk thru and they take care of things pretty well. The 3rd party Inspection is mostly peace of mind...but after spending close to 2M for a Fresco home, 500$ for peace of mind is not a bad deal
Will also be using Steve once were ready for the walk through.
IP seems to be really good with their schedule. I know people with IP homes who signed around same time as me and after that are already closing or about to close.
Im still a couple months away in August
IP seems to be really good with their schedule. I know people with IP homes who signed around same time as me and after that are already closing or about to close.
Im still a couple months away in August
Irvinehomeseeker said:Danimal said:
Steve from Built-Rite is the person have used In the last 2 new home builds. Charges about 450-500$.
IP normally does a pretty job with their builds. Inspection from Steve didn't find anything major...mostly cosmetic. IP has a 30 day walk thru and they take care of things pretty well. The 3rd party Inspection is mostly peace of mind...but after spending close to 2M for a Fresco home, 500$ for peace of mind is not a bad deal
Danimal said:
Just wondering if they are offering you a pre-orientation walk through in addition to a final walk through on the day of closing or only the final one. I am asking because their customer care rep. told me that for future phases they are going to do only the final walk through as they don?t have enough resources. They will address all your issues after closing regardless.
CalBears96
Well-known member
Yousr said:
They only offer one final walk through. My walk through for Bluffs 2 is 5/25 (original closing date) and closing date is 5/27.
CalBears96 said:
I see. They used to provide 2 walk throughs 1 week apart which was kinda nice, you know, to knock down any major issues before you actually can start moving in. Generally, you want to pay very close attention to the house for the first few weeks. I think their quality of finish and sign-off standards have been very lax due to the pandemic. However, they will stand by everything that needs to be remedied is my experience.
Yousr said:
My final walk through is on the 05/26. Closing on 06/02 and meet up with construction manager. My guess is on 06/02 they will go over what they are able fix/adjust from first final walk through and things they will try address post escrow.
I was able to reserve Steve from Bilt-Rite for inspection on final walk through day just for a piece of mind.