JBean72 said:
Fair enough - besides the small lot sizes with Capella, what are the other reasons that people backed out or didn't buy?
For me, it was the following -
- VERY small lot size. I have the same lot size for a smaller SFR and I already think my backyard is too small. Smaller lots also increase the housing density so the neighborhood feels tighter and more crammed.
- Location is not very convenient. Local driving in Irvine is taking longer and longer during the morning and evening commute periods so living here would increase my commute time.
- Tustin School District. You can always argue this point, but I can guarantee you that the buyer pool for IUSD is larger than TUSD and generally speaking, IUSD commands a higher premium.
- Price. I guess this one is the biggest factor. If price was low enough, I guess I could overlook the other factors.