Great Park: K. Hovnanian - Harmony

NEW -> Contingent Buyer Assistance Program
notTHEoc said:
I think issue here (and Melrose) is peeps shopping in ~$1.3mil+ range want to wait to see what's avail at OH before deciding.  Almost same lot size as Sagewood but ~1,000 more sq ft for ~$300k extra cost. Maybe a bit overpriced, but not a lot imo.  The higher-priced homesites are mainly due to pre-plotted options.

I think you make an excellent point regarding the $1.3 million+ price point and OH. I know that if I were in the market for a new home, I'd wait a few more months for OH. You'll probably still get more home/land for your money at PP, but depending on the floor plan, it might be worth it to purchase at OH anyways.
 
bones said:
irvinehomeowner said:
The consideration is $1.3m for flatland next to the former base and the jail... or hillside near fire danger.

Not the same house. That's also a consideration. My guess is 1.3m gets u a starter SFR in OH. If home lots are $1m - not sure what 1.3m buys you.

if the lots did really cost 1M, 1.3M gets you the lot with some framing on it.
 
If the lot cost $1.1 mil for the builder, the house will easily over $2.2 mil range.  The New Home Co paid average of $1.08 mil for 108 lot from TIC and these 108 homes will probably the most expensive homes in the Orchard Hill. 

I remember back in 2004, Shady Canyon's custom lot cost around $1.6 mil to the buyers. 

I wonder which builder will build these $1.3 mill homes in the Orchard Hill.
 
1.3 mil could get you 2 houses on 2 super big lots in Santa Ana's top neighborhood but you better pray that you are the lucky one among other 299,988 lucky people out of the 300,000 population.
bones said:
irvinehomeowner said:
The consideration is $1.3m for flatland next to the former base and the jail... or hillside near fire danger.

Not the same house. That's also a consideration. My guess is 1.3m gets u a starter SFR in OH. If home lots are $1m - not sure what 1.3m buys you.
 
Goriot said:
Harmony Not Selling too well? Few of them out on MLS.  It looks like mid $1 million homes are moving little slow.  I guess it's not just isolated Sausalito problem.  Buyers could be waiting for OH opening.

High end buyers waiting for OH?  Maybe.  I also believe that the buyer's pool for 1.5 million dollar home are just not that large.

I remember when Lambert Ranch are selling out like crazy, especially for the $900k to slightly over $1 million Field homes where at one time more than 300 buyer sing up at release weekend  for just 5 homes.  Compare to its $1.5 million Groove homes,  usually only around 5 to 10 people sing up at release weekend. 
 
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