Juniper by Pulte (Beacon Park)
- Thread starter ps99472
- Start date
NEW -> Contingent Buyer Assistance Program
Our Strada lot is 32' deep, at least on one side. It's 15' deep on the other side (in a straight line). I can imagine how it's hard to go from a big yard to a small one, just as it'll be hard to move from no neighbors on one side, to surrounded by neighbors.
This is the same BS I was told when looking at Capella in OH. They said don't bother waiting for any house with a larger lot since they are all accounted for. They said the demand for these lots was overwhelming. Even the smaller lots (ie. the other 95% of homes) were more or less accounted for until a much later phase release. Fast forward 9 months, and boy have things changed. That's why I love watching the struggling sales and all the price drops at Capella. Their attitude in the beginning of the phase releases was absolutely amazing. Like they were doing me a favor by even talking to me without first being pre-qualified.
Let's see how many of those "sold" over the weekend actually close. Are they allowing contingent buyers to make purchases?
Historically, Phase 1 sells out within the first week of a grand opening since most buyers pre-qualified weeks, sometimes even months before the grand opening. Like I said before, I've never seen so many houses available for this long for the Phase 1 release. The 30k reduction shows potential buyers that there is blood in the water. I mean, this is Phase 1!! I will even go out and say that this has never happened in the past 15 years for a new development in Irvine.
Only time will tell who is right on this. I'll be waiting on the sidelines until it gets really bloody.
Haha that's not what I meant. Just that LA was slow too, granted it was what 2011/2012.
BP has its appeal to those who value certain things. Location wise it is no turtle rock, quail hill or Laguna Altura. But the houses are brand new, decent to sizeable lots, there is a k-8 true walking distance school and you hop on that 133 and you're only 5 min further to Laguna beach than quail hill/la residents. Is it priced too steep compared to its more comparable Irvine neighborhoods? There is no way to quantify that, it's so subjective.
Well, there's some credibility to the argument that Juniper has buyers lined-up for the big cul-de-sac lots available in later phases. I'd be waiting for those lots.
Too much new home inventory out there. Stonegate still selling, Greenwood still selling, Orchard Hills still selling, and I noticed there is activity in Portola Springs as well as Eastwood. NO Bueno! Not sure if builders learned their lesson from the past recession :-\
Perspective
Well-known member
Buy at Juniper today, or be priced-out forever!!!
Perspective
Well-known member
aquabliss said:
Our Strada lot is 32' deep, at least on one side. It's 15' deep on the other side (in a straight line). I can imagine how it's hard to go from a big yard to a small one, just as it'll be hard to move from no neighbors on one side, to surrounded by neighbors.
woodburyowner
Well-known member
Newbie13 said:
This is the same BS I was told when looking at Capella in OH. They said don't bother waiting for any house with a larger lot since they are all accounted for. They said the demand for these lots was overwhelming. Even the smaller lots (ie. the other 95% of homes) were more or less accounted for until a much later phase release. Fast forward 9 months, and boy have things changed. That's why I love watching the struggling sales and all the price drops at Capella. Their attitude in the beginning of the phase releases was absolutely amazing. Like they were doing me a favor by even talking to me without first being pre-qualified.
Everyone has good points. But regardless, lots 1,4 and 7 sold over the weekend, one sale each day from Sunday to today based on the info my friend got today. dont think prices will be dropping (aside from the 30k reduction upfront) anytime soon. And come spring and that BP K-8 school is built brand spanking new and summer is almost here, market will most likely heat up again, isn't that what happens historically?
woodburyowner
Well-known member
Newbie13 said:
Let's see how many of those "sold" over the weekend actually close. Are they allowing contingent buyers to make purchases?
Historically, Phase 1 sells out within the first week of a grand opening since most buyers pre-qualified weeks, sometimes even months before the grand opening. Like I said before, I've never seen so many houses available for this long for the Phase 1 release. The 30k reduction shows potential buyers that there is blood in the water. I mean, this is Phase 1!! I will even go out and say that this has never happened in the past 15 years for a new development in Irvine.
Only time will tell who is right on this. I'll be waiting on the sidelines until it gets really bloody.
eyephone said:
Haha that's not what I meant. Just that LA was slow too, granted it was what 2011/2012.
BP has its appeal to those who value certain things. Location wise it is no turtle rock, quail hill or Laguna Altura. But the houses are brand new, decent to sizeable lots, there is a k-8 true walking distance school and you hop on that 133 and you're only 5 min further to Laguna beach than quail hill/la residents. Is it priced too steep compared to its more comparable Irvine neighborhoods? There is no way to quantify that, it's so subjective.
Perspective
Well-known member
hello said:
Well, there's some credibility to the argument that Juniper has buyers lined-up for the big cul-de-sac lots available in later phases. I'd be waiting for those lots.
OC troll
New member
gld2 said:I am waiting for the price drop >
Newbie13 said:
Too much new home inventory out there. Stonegate still selling, Greenwood still selling, Orchard Hills still selling, and I noticed there is activity in Portola Springs as well as Eastwood. NO Bueno! Not sure if builders learned their lesson from the past recession :-\
I don't think anyone outside from the people who work there can really show what the real interest levels are. Supposedly 5 homes sold so far out of 14, but the sold seemingly can change at any time.
As long as the lot premiums aren't significant, I'm sure the desirable locations do indeed have high interest. Almost justifies the high MR to have cul de sac end homes with huge lots.
As long as the lot premiums aren't significant, I'm sure the desirable locations do indeed have high interest. Almost justifies the high MR to have cul de sac end homes with huge lots.
Perspective
Well-known member
Lot 27 ? Walnut (3,328 sqft) $1,366,880
Lot size: 5,100 sqft
Lot 28 ? Hickory (2,897 sqft) $1,243,880
Lot size 6,000 sqft
Lot 29 ? Walnut (3,328 sqft) $1,412,880
Lot size 7,200 sqft
Lot 30 ? Sycamore (3,150 sqft) $1,376,880
Lot size 7,600 sqft
Lot size: 5,100 sqft
Lot 28 ? Hickory (2,897 sqft) $1,243,880
Lot size 6,000 sqft
Lot 29 ? Walnut (3,328 sqft) $1,412,880
Lot size 7,200 sqft
Lot 30 ? Sycamore (3,150 sqft) $1,376,880
Lot size 7,600 sqft
ps99472
New member
Lot 40 is decent but a good chunk of the yard is in the front. Haven't thought about BP in awhile. To revisit: a plan 2 sycamore, say lot 40 will be around $1.42 at closing with upgrades. I'll get the extra flex room down so that makes my MR $9961 a year. So MR + 1.01% tax = ~$24,000/year with a 2% increase on MR each year thereafter (~$200/year). At year 8, if I sell the house the new owner will have a MR of $11,670.
After closing landscaping will be what $25-30k? Window coverings, moving expenses, stress headaches,... All for what? New house smell? Show off to friends? Walk to school till 8th grade?
So let's focus on the Mello, BP will cost me $10,000 a year. What better infrastructure does that give me over my current location which is only $2000 a year and potentially less if R6 expires in a few years? Those are some expensive sidewalks and drains in BP. Assuming Eastwood will have lower Mello you still get the walkable school though for 2 less years.
Floor plan is about the same as my current except I'll lose a living room, gain a bigger family room with 12 foot ceilings. A bigger loft upstairs, laundry room up, bigger masters bath, a master deck. And lose my high ceilings, though there is a little in the Sycamore plan. But if costs are more equivalent, getting the bigger family room would win me over. Too bad costs are not equivalent.
And let's say the builder finally drops the price to accommodate the MR. I buy and jump in. Won't I have to adjust my price when the time comes to sell and the Mello is even higher?
I feel these homes need to go below $400/sq ft in order to move. But even at that price I will still hesitate.
After closing landscaping will be what $25-30k? Window coverings, moving expenses, stress headaches,... All for what? New house smell? Show off to friends? Walk to school till 8th grade?
So let's focus on the Mello, BP will cost me $10,000 a year. What better infrastructure does that give me over my current location which is only $2000 a year and potentially less if R6 expires in a few years? Those are some expensive sidewalks and drains in BP. Assuming Eastwood will have lower Mello you still get the walkable school though for 2 less years.
Floor plan is about the same as my current except I'll lose a living room, gain a bigger family room with 12 foot ceilings. A bigger loft upstairs, laundry room up, bigger masters bath, a master deck. And lose my high ceilings, though there is a little in the Sycamore plan. But if costs are more equivalent, getting the bigger family room would win me over. Too bad costs are not equivalent.
And let's say the builder finally drops the price to accommodate the MR. I buy and jump in. Won't I have to adjust my price when the time comes to sell and the Mello is even higher?
I feel these homes need to go below $400/sq ft in order to move. But even at that price I will still hesitate.