Quail Hill vs Northpark / Woodbury

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arctichaze_IHB

arctichaze_IHB

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I was just wondering, all things being fair not considering HOA and Tax Rates. Is there any weather advantage living closer to the ocean at Quail Hill? But then again you are surrounded by mountains.



I've always lived at the Northpark side of Irvine or east of the 5 Freeway and it gets pretty hot during summer. Is there any temperature difference?
 
Seems like the morning haze hangs around the hills of Quail Hill more in the mornings.

And the closer to the Ocean you get the more it effects the temperature.

Its not that much of a difference. But compared to where I used to live in Orange.

Its like night and day. Much more of a moderate cooler climate. Much cheaper on the A/C bill too.
 
I would like to analynize the theory of home price vs temperature. My observation is based loosely on this simple equation: Waterside home price/ temperature rise. The estimates is for quick reference only.



3,000sf Coastal home is about $5 mil/ 2 degree increase at Turtle Ridge= 2.5 mil for Botanica or the plan one of La cima

3,000sf Coastal home is about $5 mil/ 2.5 degree increase at Quail Hills= 2.0 mil for Stan Pac Sienna

3,000sf Coastal homes at $5mil/3.5 degree increase at Woodbury Irvne=1.43 mil for Mille Fleur or juliet Balcony

3,000sf Coastal homes at $5 mil/3.5 degree increase at Northpark=1.45 mil for Huntington in NorthPark

3,000sf Coastal homes at $5mil/ 10 degree increase at Corona=$500,000 for a 3,000 sf home

3,000sf Coastal homes at $5mil/ 15 degree increase at Riverside= $333,3000 for a 3,000 sf home
 
I used to live in Quail Hill last year, now I am in Northpark. I haven't been here thru the summer and it is always diffiicult to compare temps unless your are actually in both places at the same time; however, I feel that NP is warmer. It is definitely less breezy for sure. I think you do get a bit more moisture in the air over at Quail Hill.
 
Using bkshopr's data, QH-TR is the biggest jump in $$$ per degree (must be the gates, although they subtract value, in my book)



This is very counter-intuitive. I would've thought that human discomfort vs temperature is non-linear, and exponentially increases as temperatures approach Death Valley. So $$/degree difference should be the highest at the high temp end of the range (eg temp drop from Riverside to Corona should be more valuable per degree than TR to Coast).



---------------price----rel temp-----$/degree

Coast-----5,000,000-----0---------1,250,000

TR---------2,500,000----- 2 --------- 1,000,000

QH---------2,000,000 ----- 2.5 --------- 560,000

Wdbry/NP-1,440,000 ----- 3.5 ---------144,615

Corona-------500,000 ----- 10 --------- 33,340

Riverside----333,300 ----- 15



The way to capitalize on this amazing analysis is by setting up an investment partnership buying homes in Corona.
 
earthbm, i was thinking the same thing. it was sort of what i was getting at in the Irvine ?Gravity Defying? Property Bust thread. in general, you pay a bigger premium as you move inland toward central OC and the coast -- newport beach. i would assume the premium increases, but at an exponentially decreasing rate.



think about how much you'd pay from to go from oceanside to san clemente to capistrano to dana point to laguna to newport. or deep within riverside to corona to anaheim hills to tustin heights to irvine. but once you get into irvine ranch communities, all hell breaks loose and the premium increases at an exponentially INCREASING rate. what makes this odd is TIC housing gets more homogenous.



many use quality of schools as a reason and i'm sure that has a lot to do with it. but uni high, a sliver of view, and 2 degrees cooler doesn't seem to justify 60%-100% premiums for the exact same home in diff parts of the same nice town.
 
Good Feng (wind or breeze) Shui (water) commands the higher price. Inland Empire has bad stagnant Feng and fowl Shui therefore home prices are very low.



[quote author="earthbm" date=1212638114]Using bkshopr's data, QH-TR is the biggest jump in $$$ per degree (must be the gates, although they subtract value, in my book)



This is very counter-intuitive. I would've thought that human discomfort vs temperature is non-linear, and exponentially increases as temperatures approach Death Valley. So $$/degree difference should be the highest at the high temp end of the range (eg temp drop from Riverside to Corona should be more valuable per degree than TR to Coast).



---------------price----rel temp-----$/degree

Coast-----5,000,000-----0---------1,250,000

TR---------2,500,000----- 2 --------- 1,000,000

QH---------2,000,000 ----- 2.5 --------- 560,000

Wdbry/NP-1,440,000 ----- 3.5 ---------144,615

Corona-------500,000 ----- 10 --------- 33,340

Riverside----333,300 ----- 15



The way to capitalize on this amazing analysis is by setting up an investment partnership buying homes in Corona.</blockquote>
 
[quote author="bkshopr" date=1212645579]Good Feng (wind or breeze) Shui (water) commands the higher price. Inland Empire has bad stagnant Feng and fowl Shui therefore home prices are very low.

</blockquote>


I almost fell off my chair when I read this. My sister in law lives at Riverside and I always told my wife that the air there smells like chicken waste. She just looks back at me in a funny way saying I'm brainwashed by Irvine.
 
I sound sarcastic most of the time and I am usually quite candid about the perception. "Fowl Shui" is not good and "Feng Shui" is good. I rarely sugar coat anything. I appreciate the validation.



[quote author="arctichaze" date=1212707976][quote author="bkshopr" date=1212645579]Good Feng (wind or breeze) Shui (water) commands the higher price. Inland Empire has bad stagnant Feng and fowl Shui therefore home prices are very low.

</blockquote>


I almost fell off my chair when I read this. My sister in law lives at Riverside and I always told my wife that the air there smells like chicken waste. She just looks back at me in a funny way saying I'm brainwashed by Irvine.</blockquote>
 
chicken waste? i think you guys need to be honest, seriously. whenever i'm driving the 15 toward vegas, it clearly smells like cow poo.
 
that's chino and corona, not riverside.



riverside apparently smells like cement dust with a sousance of chromium (of erin brokovich fame)
 
Ok, my "analysis" was a joke. The real reason of course is that the income scale is more exponential than human temperature comfort function.
 
thats true... although shouldn't there be some diminishing scale? i think false sense of desirability pushed communities like turtle ridge and parts of newport coast too far. what benefits (school, feng sui, weather, soil, etc) justify the premium for QH to TRidge, then the premium for TR to PacRidge. i agree a premium exists but it seems like it's way too high.



it just leads me to believe the high end has a lot further to fall.
 
[quote author="freedomCM" date=1212717730]that's chino and corona, not riverside.



riverside apparently smells like cement dust with a sousance of chromium (of erin brokovich fame)</blockquote>


Yes, last summer. I went to Chino Hills to look at some model homes. Oh my...the stench of cow urine was in the air. Ugh!
 
[quote author="reason" date=1212758375][quote author="freedomCM" date=1212717730]that's chino and corona, not riverside.



riverside apparently smells like cement dust with a sousance of chromium (of erin brokovich fame)</blockquote>


Yes, last summer. I went to Chino Hills to look at some model homes. Oh my...the stench of cow urine was in the air. Ugh!</blockquote>


No one seems to appreciate good country air anymore ;-)
 
[quote author="IACRenter" date=1212758829][quote author="reason" date=1212758375][quote author="freedomCM" date=1212717730]that's chino and corona, not riverside.



riverside apparently smells like cement dust with a sousance of chromium (of erin brokovich fame)</blockquote>


Yes, last summer. I went to Chino Hills to look at some model homes. Oh my...the stench of cow urine was in the air. Ugh!</blockquote>


No one seems to appreciate good country air anymore ;-)</blockquote>


The sales guy actually told me over time, I wouldn't even notice it. Heck, it was all over my clothes. Hahahaha.
 
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