J
jmoney74
Guest
inflation!
Laguna Altura is HOT!
- Thread starter jamboreedude
- Start date
NEW -> Contingent Buyer Assistance Program
I was extremely interested in Laguna Altura from the price perspective (in 2012) and firmly believed in the upside potential. My wife however had the same argument as yours (almost verbatim). Unfortunately I couldn't convince her otherwise we will be sitting on a lot of equity now
I was also not a fan until i saw the appreciation... still not a fan but money talks
if i could do it allllll over again, i would have bought three in LA
irvinehusky
New member
You do understand that the owner put in the usual "100s of Ks of upgrades" on this one right? It definitely looks nice but I don't know about $700K nice.
I just can't accept that an almost 2mil house (not near the beach; or is it?, LOL) has only a 4400 sq. ft. lot.
It definitely looks nice but I don't know about $700K nice.I just can't accept that an almost 2mil house (not near the beach; or is it?, LOL) has only a 4400 sq. ft. lot.
lovingit said:
legallysound
New member
I am SURE they will receive their ask or somewhere very close. It's pure madness. I also hear that LA most likely won't be rezoned.
Irvine Dream
New member
thatOSguy said:
I was extremely interested in Laguna Altura from the price perspective (in 2012) and firmly believed in the upside potential. My wife however had the same argument as yours (almost verbatim). Unfortunately I couldn't convince her otherwise we will be sitting on a lot of equity now
irvinehomeowner
Well-known member
I think any property bought before the end of 2012 has experienced appreciation.
irvinehomeowner
Well-known member
NQ/TD is rolling in his TI hiatus.thatOSguy said:
The Motor Court Company
Well-known member
LA is the only newer (< 5 year old) village south of 405; plus it is heavily promoted in mainland China. As you know, people with money don't neccessarily mean they make smart home buying decisions.
In my experience, people got rich because they made smart decisions.
Mainland Chinese invest all over the word, I was against LA's price premium when I visited the homes on Opening Day. IP shuttled us in by buses.
However, I became aware the following differences LA offers:
- Guard gated
- Easy fwy access
- Community design <- none of the primary community streets allow parking (except by Parks), giving the community a very clean look.
- Neighborhood design <- neighborhoods are very isolated, only ppl in the same price range of homes will drive by your home. This specially applies to higher end homes in Cortona and Toscana tracts.
- Hill location <- try taking a walk in the community in the evening, the scenery is completely different from a flat location such as Woodbury or Northpark. There is even a trail in the back of the community that can see the city lights and Irvine Spectrum.
These are just some things that made LA different. I can only imagine Hidden Canyon be even pricier.
Who knew LA will be at $500~$600/sqft when IP was selling them at $360/sqft....? Quail Hill is a good benchmark...
Mainland Chinese invest all over the word, I was against LA's price premium when I visited the homes on Opening Day. IP shuttled us in by buses.
However, I became aware the following differences LA offers:
- Guard gated
- Easy fwy access
- Community design <- none of the primary community streets allow parking (except by Parks), giving the community a very clean look.
- Neighborhood design <- neighborhoods are very isolated, only ppl in the same price range of homes will drive by your home. This specially applies to higher end homes in Cortona and Toscana tracts.
- Hill location <- try taking a walk in the community in the evening, the scenery is completely different from a flat location such as Woodbury or Northpark. There is even a trail in the back of the community that can see the city lights and Irvine Spectrum.
These are just some things that made LA different. I can only imagine Hidden Canyon be even pricier.
Who knew LA will be at $500~$600/sqft when IP was selling them at $360/sqft....? Quail Hill is a good benchmark...
Numbers talk. While most ppl are negative about LA, there is a good reason LA homes are moving at the price they are selling, even without "the add-on of infrastructure galore".
TR, QH, SC, and LA aren't "walkable" communities. When was the last time anyone walked to restaurant or supermarket?
If you want to walk to those places, I consider EC or WN to be far more walkable.
TR, QH, SC, and LA aren't "walkable" communities. When was the last time anyone walked to restaurant or supermarket?
If you want to walk to those places, I consider EC or WN to be far more walkable.
Really? I don't think QH is that walkable if you live in 1.5M+ homes.
I agree, QH condos are much closer to shopping center.
I don't remember that last time I walked to a shopping plaza, so, being able to drive to a shopping plaza within 5 mins is more important to me.
A lot of ppl on TI seem to be very negative about LA. However, ppl who bought LA are enjoying the appreciation.
If you invested 1M in LA and SG at the same time, your money is worth a lot more in LA now...
Again, I was not a fan of LA until the build out, then I realized what I missed....
I agree, QH condos are much closer to shopping center.
I don't remember that last time I walked to a shopping plaza, so, being able to drive to a shopping plaza within 5 mins is more important to me.
A lot of ppl on TI seem to be very negative about LA. However, ppl who bought LA are enjoying the appreciation.
If you invested 1M in LA and SG at the same time, your money is worth a lot more in LA now...
Again, I was not a fan of LA until the build out, then I realized what I missed....
homer_simpson
Well-known member
Funkie said:
I was also not a fan until i saw the appreciation... still not a fan but money talks
if i could do it allllll over again, i would have bought three in LA