SecretGarden said:
For some reason I fear that Stonegate (and thus Maricopa) will not hold value or appreciate much once Orchard Hills opens. Sort of like Oak Creek in relation to Quail Hill. Any thoughts on that? I also wonder how the eventual release of Orchard Hills in the distant future would impact Northwood Pointe (which is a resale area that I'm interested in purchasing.)
It is difficult to predict the future when it comes to holding value. Looking at this board, it would appear many buyers like new or newer homes; thus older homes in areas like El Camino or Walnut may be shunned by some. But if you look at Turtle Rock (also old), their value is relatively high and has held up well. Every location will have it's pluses and minuses.
Orchard Hills:
(These are theoretical since OH isn't even built yet)
+Brand new construction with latest floor plan/designs
+Gated
+Some lots with view/Hill topography
+Good TUSD schools (some may say that is a negative not being IUSD--though I disagree)
-High price, high HOA, high MR
-Fire danger
-Small lots for the price
-Proximity to toll road
Stonegate:
+Relatively new homes & floor plans
+Cheaper homes than OH
+Good IUSD schools
+Several pocket parks & pools
+Not adjacent to a freeway or tollway
-Relatively higher MR
-No gate (? perceived as not as exclusive--though many buyers could care less)
-still small lots
NorthwoodPointe:
+Mostly gated communities
+Good IUSD schools
+Relatively larger lots
+Lower MR
+Cheaper than OH
+3 car garages (this one for IHO)
-Older homes & floor plans
-Only one master plan pool & public park (?only two others have their own sub-hoa pool)