Like I mentioned in a previous thread, I've lived in five diff. neighborhoods in Irvine and the last couple of homes we bought were $1 million plus. It really depends on if you're buying for a "neighborly" feel, for hopes of investment, etc. My answer would change depending on the goal. Our last place in QH was over $1.5 but we moved to Woodbury because we have two kids under 2 yrs old and there was absolutely no neighborly feel where we were. While now I live in a similar size house with smaller lot, I feel that my kids will have a much better experience growing up with their neighbors. If I didn't have kids, I would still be in QH since it's close access to the freeways, lots have views, houses retain the values better, etc. My aunt lives in TR in a $2million plus house and I would never chose to live there, everytime I visit it's totally dead on her street.