Orchard Hills - Capella by Taylor Morrison

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bones said:
joy4ever said:
I was there just last weekend and they still had a long list of homes available, some with move-in dates as early as June.

Second hand, I heard someone was able to negotiate from $1.4 something down to $1.3 something. $50k or so in price.
That's quite a discount.  It doesn't surprise me that Capella is not doing as well as expected.  The floor plans are beautiful, no question about it, but the neighborhood is a disappointing.  The development is badly designed with the one narrow circular road, which gives the impression of the houses being crammed in (especially the internal ones) and excess cars parked on the road.  There's nowhere at Capella for kids to play outside or ride bicycles - which can be a good thing for some I guess.  Not my preference though.
 
OC troll said:
bones said:
joy4ever said:
I was there just last weekend and they still had a long list of homes available, some with move-in dates as early as June.

Second hand, I heard someone was able to negotiate from $1.4 something down to $1.3 something. $50k or so in price.

Do you know if that is with or without options? I have a buddy who was in phase 14 of Strada (plan 3). Base is $1.2M, so with options, you're getting closer to $1.3M.

Not sure.  I didn't ask. But the point of the convo I had with this person was that you can heavily negotiate at Capella.  And this doesn't surprise me either bc that is taylor morrison's MO. When stuff doesn't pre-sell, they discount.  Just like they did at las colinas and quinterra. That's why Im hesitant to buy something full price from them.
 
OC troll said:
bones said:
joy4ever said:
I was there just last weekend and they still had a long list of homes available, some with move-in dates as early as June.

Second hand, I heard someone was able to negotiate from $1.4 something down to $1.3 something. $50k or so in price.

Do you know if that is with or without options? I have a buddy who was in phase 14 of Strada (plan 3). Base is $1.2M, so with options, you're getting closer to $1.3M.

Phase 14 of Strada is at the end of a cul-de-sac on Copper Mine and all of the Plan 3s in this phase have bigger backyard setbacks than 90% of the Capella homes. So, you'll get a slightly bigger house at Capella (~10% bigger?), but will it be worth $150K more than your friend's Strada Plan 3 on Copper Mine?
 
OC troll said:
bones said:
joy4ever said:
I was there just last weekend and they still had a long list of homes available, some with move-in dates as early as June.

Second hand, I heard someone was able to negotiate from $1.4 something down to $1.3 something. $50k or so in price.

Do you know if that is with or without options? I have a buddy who was in phase 14 of Strada (plan 3). Base is $1.2M, so with options, you're getting closer to $1.3M.

Strada plan 3 is at $1.2m now?  I remember it was under $1.1m when it debut.
 
shadyoc said:
OC troll said:
bones said:
joy4ever said:
I was there just last weekend and they still had a long list of homes available, some with move-in dates as early as June.

Second hand, I heard someone was able to negotiate from $1.4 something down to $1.3 something. $50k or so in price.

Do you know if that is with or without options? I have a buddy who was in phase 14 of Strada (plan 3). Base is $1.2M, so with options, you're getting closer to $1.3M.

Strada plan 3 is at $1.2m now?  I remember it was under $1.1m when it debut.

As someone who considered both Capella and Strada, and just bought a Plan 3 at Strada, it makes sense to me that Strada prices are rising while Capella prices are coming back down. Both areas are gorgeous, but at Strada you can get a home at the end of a cul-de-sac with a bigger yard that you cannot get at Capella, and you'll be in IUSD. I traded these benefits for the slightly larger house at Capella.
 
One thing I've notice about TM is that they are very aggressive in selling their homes, they are more likely to list their home on MLS and given discount to move the house than any other builders. 

IP on the other hand are totally opposite.  They very seldom list their home on MLS and they never given any discounts. 

If one are interest in Capella, don't take this as Capella is depreciating but take advantage of builders aggressive sales strategy. 
 
Perspective said:
OC troll said:
bones said:
joy4ever said:
I was there just last weekend and they still had a long list of homes available, some with move-in dates as early as June.

Second hand, I heard someone was able to negotiate from $1.4 something down to $1.3 something. $50k or so in price.

Do you know if that is with or without options? I have a buddy who was in phase 14 of Strada (plan 3). Base is $1.2M, so with options, you're getting closer to $1.3M.

Phase 14 of Strada is at the end of a cul-de-sac on Copper Mine and all of the Plan 3s in this phase have bigger backyard setbacks than 90% of the Capella homes. So, you'll get a slightly bigger house at Capella (~10% bigger?), but will it be worth $150K more than your friend's Strada Plan 3 on Copper Mine?

So do you guys think buyers would prefer IUSD over being behind the gates and having a home 15% bigger (about 475 sqft comparing strada 3X to most Capella homes 3223sqft) situated next to the Groves Resort? Interesting. I guess only time will tell based on appreciation rates.

When we bought, Capella was still in the $1.28 range and we looked at both and felt over time the larger sqft home and behind the gates would hold more value but that was our personal decision. Plus we have no home behind us, only the hills of orchards so I can understand why some people would choose otherwise if you had a small set back and another home right behind you looking down into your yard. I do love that cul de sac setup - Taymo should have done that but I'm sure the current set up was the best way they could fit in 72 homes.  ::) greedy builders
 
I would buy the Capella in your situation and it has Orchard Hills K-8 down the street (Hopefully it will fully open soon)...The Groves have an incredible feel...Wish I had a Capella...
 
Paris said:
Perspective said:
OC troll said:
bones said:
joy4ever said:
I was there just last weekend and they still had a long list of homes available, some with move-in dates as early as June.

Second hand, I heard someone was able to negotiate from $1.4 something down to $1.3 something. $50k or so in price.

Do you know if that is with or without options? I have a buddy who was in phase 14 of Strada (plan 3). Base is $1.2M, so with options, you're getting closer to $1.3M.

Phase 14 of Strada is at the end of a cul-de-sac on Copper Mine and all of the Plan 3s in this phase have bigger backyard setbacks than 90% of the Capella homes. So, you'll get a slightly bigger house at Capella (~10% bigger?), but will it be worth $150K more than your friend's Strada Plan 3 on Copper Mine?

So do you guys think buyers would prefer IUSD over being behind the gates and having a home 15% bigger (about 475 sqft comparing strada 3X to most Capella homes 3223sqft) situated next to the Groves Resort? Interesting. I guess only time will tell based on appreciation rates.

When we bought, Capella was still in the $1.28 range and we looked at both and felt over time the larger sqft home and behind the gates would hold more value but that was our personal decision. Plus we have no home behind us, only the hills of orchards so I can understand why some people would choose otherwise if you had a small set back and another home right behind you looking down into your yard. I do love that cul de sac setup - Taymo should have done that but I'm sure the current set up was the best way they could fit in 72 homes.  ::) greedy builders

Comparing a Capella Plan 1 (~2,900 sq ft) and a Strada Plan 3 (~2,700 sq ft) is fair. Not sure about Capella, but you can increase the square footage of the Strada Plan 3 by 139 sq ft by adding the conservatory - so you can get a home nearly the same size as Capella Plan 1.

I'm not a fan of gates. It's a hassle for residents and guests, and it's a bit pretentious. But, I wouldn't let the gates be a big factor in my decision, since the area behind the gates is gorgeous. With two young kids though, being at the end of a cul-de-sac (with greenery at the tip of the cul-de-sac, not homes) and the chance to have no neighbors on one side (just green hills), was a huge factor for us. Also a huge factor was a backyard with a 20'+ setback. The IUSD factor was small, but attractive for resale purposes, if little else.

So, in our situation, a Capella Plan 1 (with a typical lot) would have to carry a very small premium to a Strada Plan 3 (with one of many attractive lots available). Maybe if the difference were < $50K, it would be a tough decision. However, the difference was well over $150K. For us, that premium, given the factors I discussed, was not nearly worth the difference.
 
Capella plan 1 with conservatory (that automatically gives you the sitting room in the master bedroom upstairs) comes to 3,223 sq ft.
 
Paris said:
Capella plan 1 with conservatory (that automatically gives you the sitting room in the master bedroom upstairs) comes to 3,223 sq ft.

That's pretty big. I'll push the premium that would demand my attention to $100K. Fair?
 
Capella made a decision to provide no backyard, because the hills behind the houses are gorgeous. That's completely fair. However, if a backyard is important to you, it nearly eliminates Capella from your list.
 
Perspective said:
Paris said:
Capella plan 1 with conservatory (that automatically gives you the sitting room in the master bedroom upstairs) comes to 3,223 sq ft.

That's pretty big. I'll push the premium that would demand my attention to $100K. Fair?

Lol that sounds fair.  ;D and again everyone has their own preferences for their perfect home and those priorities vary among families. To us view was important, not as much yard because my kids are always playing at the resort next door and we walk there. So it worked out for us. I do wish capella gave the homes a larger lot size - the price demands that but again like I said "greedy builders"
 
Backyard was important to me, as well as street appeal.  Long Fence (outside perimeter) was the only street I would've been interested in, but beyond my price.  My kid is older and not into the playground thing anymore, so the quiet cul-de-sac set up for riding bikes and block parties is perfect.
 
We were in The Groves today to tour models trying to find the flooring we'll choose. You can't go wrong here. The whole neighborhood is f'n gorgeous. All of the Capella models are kick ass - certainly worth $1.3Ms in this market.
 
Perspective said:
We were in The Groves today to tour models trying to find the flooring we'll choose. You can't go wrong here. The whole neighborhood is f'n gorgeous. All of the Capella models are kick ass - certainly worth $1.3Ms in this market.

LOL Perspective - we were in the Groves today for the exact same reason (to narrow down our flooring choices )
 
When you were touring the models did you notice the new trend is very natural looking wood floors, distressed with a lot of graining? After seeing that trend we chose a very natural looking hardwood and we love it! My husband already chipped a small area trying to assemble something and all it took to repair was a wood marker $3 at Home Depot. I love it, very low maintenance.

Good luck with your flooring choices - it's a tough choice because it is a huge statement piece in your home. I remember being stressed prior to choosing our floor. You should take the samples you like and put it down in your home, live with it for a week or so and you'll get a feel for what you like. It really helped us narrow down. At one point we had like 10 samples across our family room floor  :D
 
Perspective said:
We were in The Groves today to tour models trying to find the flooring we'll choose. You can't go wrong here. The whole neighborhood is f'n gorgeous. All of the Capella models are kick ass - certainly worth $1.3Ms in this market.

Do I have a cynical mind or is Perspective trying to say the Capella's are not worth their current prices of 1.4 to 1.5 but sure worth the 1.3 million (similar to Strada with options?)

Also, how come on this forum we hear only from Capella buyers and La Vita wannabes?  No Messina, Vicenza, Saviero etc buyers here?
 
Irvine Dream said:
Perspective said:
We were in The Groves today to tour models trying to find the flooring we'll choose. You can't go wrong here. The whole neighborhood is f'n gorgeous. All of the Capella models are kick ass - certainly worth $1.3Ms in this market.

Do I have a cynical mind or is Perspective trying to say the Capella's are not worth their current prices of 1.4 to 1.5 but sure worth the 1.3 million (similar to Strada with options?)

Also, how come on this forum we hear only from Capella buyers and La Vita wannabes?  No Messina, Vicenza, Saviero etc buyers here?

Someone in this thread suggested Capella prices are negotiable since they have so much inventory, and that high $1.3M is doable.

Messina plan 2 is great, just too much money. I want to have some wealth outside of home equity!

As for Vicenza, we visited these yesterday. You can see the 261 from the second floors of the models! It is right there.
 
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