Marigold at Cypress Village
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LA has a better location in my opinion and the gated enclave feel lends toward a premium price. Based on recent closings, LA seems to have a ton of non-fundamental things going for it as well.
With the run-up in prices, it's easy to hindsight and say LA was a good value back then (and even why I was considering it earlier this year) but my reasons, which were fundamental to me, are obviously not the reasons people are choosing to overpay (yes overpay) in LA.
You took the fun out of my comment.
Not everyone knows the 405 FWY terminates to merge with the 5 FWY once people exit out of LA County.
But you are correct with your analysis. SF is a completely different story. Plus the rolling hills and the sunsets on the peninsulas are breath-taking.
Of course, I would never buy SF. I would rather buy in Pacifica and commute to SF.
Forget woodside man - sell your place and move here, north San Diego, 3.5 acres all flat
http://www.redfin.com/CA/Rancho-Santa-Fe/17412-La-Brisa-92067/home/4187194
It's beautiful, but pretty isolated. They are asking 60% more than last sale?
FranchisePlr
New member
Does anyone think that these CV homes will reach Laguna Altura pricing per sq footage after build out? I saw the Siena Plan 3 comparison vs Marigold Plan 1 vs Springhouse Plan 1 argument but when all these get bulit out, which will see the most house appreciation jump?
irvinehomeowner
Well-known member
I don't think so.FranchisePlr said:
LA has a better location in my opinion and the gated enclave feel lends toward a premium price. Based on recent closings, LA seems to have a ton of non-fundamental things going for it as well.
irvinehomeowner
Well-known member
I don't think I said I knew how they would end up, just that at the time, they weren't selling well and there were reasons why (similar floorplans to less expensive Stonegate, inferior layout to original one, high HOA, lack of close by amenities etc etc).Tyler Durden said:
With the run-up in prices, it's easy to hindsight and say LA was a good value back then (and even why I was considering it earlier this year) but my reasons, which were fundamental to me, are obviously not the reasons people are choosing to overpay (yes overpay) in LA.
Ready2Downsize
Well-known member
LOTS of stock option money up there.
People making not all that much in salary can come in with big down payments.
People making not all that much in salary can come in with big down payments.
ZeroLot
New member
Tyler Durden said:
You took the fun out of my comment.
Not everyone knows the 405 FWY terminates to merge with the 5 FWY once people exit out of LA County.But you are correct with your analysis. SF is a completely different story. Plus the rolling hills and the sunsets on the peninsulas are breath-taking.
Of course, I would never buy SF. I would rather buy in Pacifica and commute to SF.
qwerty
Well-known member
Tyler Durden said:
Forget woodside man - sell your place and move here, north San Diego, 3.5 acres all flat
http://www.redfin.com/CA/Rancho-Santa-Fe/17412-La-Brisa-92067/home/4187194
paperboyNC
New member
qwerty said:
It's beautiful, but pretty isolated. They are asking 60% more than last sale?
I spoke with someone at the sales office, they said that they will continue to build homes ahead of releasing them to buyers because buyers don't want to wait 6 months and want their homes immediate. I don't know if they just don't want to admit that sales has slowed down? If demand exceeds supply, to me, there is no reason why you would build without a buyer? I am no expert here so would love to get your opinion.
irvinehomeowner
Well-known member
What I think a builder should have is a mix.
I believe the one thing most people will want to customize is flooring and that can always be done last. The second is countertops and that can also be done later (but not too late due to the need to put in fixtures).
So having 1) ready-to-go houses that just need flooring, 2) mid-phase builds where you can customize cabinets/counters and then 3) pre-builds where you can choose slab options (Cali Room vs Conservatory, 3-car garage vs flex/super great room) and more customizations would be ideal.
I believe the one thing most people will want to customize is flooring and that can always be done last. The second is countertops and that can also be done later (but not too late due to the need to put in fixtures).
So having 1) ready-to-go houses that just need flooring, 2) mid-phase builds where you can customize cabinets/counters and then 3) pre-builds where you can choose slab options (Cali Room vs Conservatory, 3-car garage vs flex/super great room) and more customizations would be ideal.
irvinehomeowner
Well-known member
Back in the mid-2000s, the quick move-in inventory were usually homes that fell out of escrow and may have already had user upgrades.
I always wondered about those, as usually you have to pay for the upgrades in advance. If you fall out, and then you don't get your full deposit back minus the upgrades, when they go sell that house to someone else, do they charge them for those "pre-installed" upgrades, thus netting double?
I always wondered about those, as usually you have to pay for the upgrades in advance. If you fall out, and then you don't get your full deposit back minus the upgrades, when they go sell that house to someone else, do they charge them for those "pre-installed" upgrades, thus netting double?