Los Arboles in Portola Springs, saw the unit listed in MLS

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WS24_IHB

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Saw the home listed at $826K, 2003 sq ft. $30K incentives, can apply to price. Tiny yard. Also, the construction behind the complex has not started yet. It will be very loud for months to come. My brother is not buying the home afterall. Too expensive. Zillow list the home at a lower price than the $826K. The place is a bit of a ghost town, it is Taylor Woodrow complex. The homes are odd. The downstairs is darker than it should be, not bright and airy. Not a good feeling walking in. It feels like a very small 2003 sq ft home. I am not sure why. The seller told me that prices were lowered $100K. Basically telling me that the prices are fair now. There was also a unit listed for $868K because it had "views" of fashing island and the ocean. Yes, you do only if you look very closely and with binnoculars. No ocean breezes for this place. I think a fair price for this home will be closer to $650K. If that. I think they need to 1)lower their price and/or offer a minimum of $100K incentives plus they will pay your Taxes and HOA fees for one year. Ah yes, one more thing, the tax rate, with Mello-Roos, is 2.0% annually. Pretty high, in my opinion. You feel boxed in, it is a box afterall. The corner unit is next to UCI's "research agricultural" area. I wonder what kind of pesticides are being used. You know those pesticides will float into your $868K home. Not good.
 
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