irvinehomeowner
Well-known member
Interesting.nytransplant said:
TIC seems more interested on how to sell you the home for the most money instead of designing you a home worth that money.
San Marino Pricing and Models
- Thread starter goldendragondance88
- Start date
NEW -> Contingent Buyer Assistance Program
TIC seems more interested on how to sell you the home for the most money instead of designing you a home worth that money.
you are not the only one.. i too think there should be more "detached" product with less square footage... but i think there is more need in the 1500-2000 sq ft range... and just like you said, if there were more homes then they could sell it for less and still get more per sq ft... i overheard someone at the stonegate grand opening walking away from the san mateo models saying... i would buy one... if it were only 450k...
but i don't think TIC (and other builders in Irvine) are the only ones who are not getting it... there is a new development in aliso (off of glenwood)... been selling for a couple of years.. why? one reason i think is because they have (my numbers could be off a bit) attached 1100-1400 sqft or 2400+ sq ft! i don't get it... they are completely skipping the "sweet spot". don't know what they are thinking...
Please don't say your advocating for more motor court homes. A smaller SFR seems appropriate as long as any non-irvine person can easilly identify it as a single family home: i.e. driveway, no zero-lot lines, a good 15+ feet between you propertly next to you, at least 4000 sq feet lot (still small for most standards at less then .1 acres), 3+ bedrooms and 2.5+ baths.
The residents of Irvine need to demand and expect more for their dollar, not less from the builders
sure i can wish all i want that they sell the homes for less (although i wouldn't really care for anything bigger than what i'm buying)... but i can't "demand" anything from the builder, you'll probably say i can "demand" they price the homes cheaper by waiting or looking elsewhere... i tried for a couple of years to look elsewhere and have been "waiting" since i sold my condo in 2006... but in the end, the "market" decides the price. (whether aided by gov't or not.. i'm not going to cry about it... and i'm not entitled to anything)
Las Ventanas is the perfect example of using small space efficiently. They are doing 3500sf lots (some smaller) but can still fit a 2300+sft home on it. I would take even zero lot line one side (older Woodbridge SFRs were like this) as long as they kept the driveway and sidewalk (LV even has the green parkway separating the sidewalk from the street).
Imagine if they took that project and put it in Stonegate, Woodbury or Laguna Altura. They could increase the premium by $50k in SG/WB and $100k in LA and they would be fly at those prices.
Who wouldn't pay $675k for a Plan 1 in Stonegate or Woodbury? Or $750k for a Plan 3? It's not like the land cost TIC any more or less... and I know that any surveys I fill out, I always say pricing is not fair... so you really need to think why TIC is still benchmarking so high.
As watercooler as this may sound... I do think they are trying to preserve home values in their A (and even B) 'hoods.
ok... i was going to let this go, but seriously... unless i'm reading it wrong... that's exactly what you said... am i going nuts here?
and not trying to start a fight here, but just because you like a larger house and a larger yard, doesn't mean everyone wants or needs one. i happen to like a smaller house and a small patio with just enough room for a bbq... i'm assuming i'm not the only one who feels this way cause they were selling a whole bunch of these last year (the future remains to be seen). also, i'm assuming you are a ny state transplant but not a nyc transplant? reason i say this is, as i'm sure everyone here is aware... they can and will build them smaller and tighter as the population grows.
Its a very slippery slope
TIC seems more interested on how to sell you the home for the most money instead of designing you a home worth that money.
I did the phone survey 2 weeks ago. The lady was nice (third party). She asked me about the sales process and if I liked it and what needs improvement. I expected that would be the focus of the survey. But what caught my attention was she wanted to know why I had not purchased yet since I was on the list and pre-qualified. I think TIC is starting to rethink their strategy for San Marino. I told her they need to bring in some incentives in this market. I hope they accept my 2 cents.......not holding my breath.
ps99472
New member
These are out of my price range but had some time to kill so I snapped some photos:
Residence 1
Entrance/Foyer (hey that bench was in the Sonoma model!)
Den
Downstairs Bath
Great Room
Kitchen
Kitchen/G. Room (yes! The island faces the TV!, too bad no TV wall though)
Dining Room
Home Management/Wine Room
California Room
Yard
Yard 2
M. Bed
M. Bath
Enclosed shower
Bedroom 2 (pretty big)
Bedroom 3
Laundry
Laundry storage (kinda waste of space)
Bath
Another shot of Kitchen
All these can be had for a cool million. Lot size average 4-6000 sq ft. All plan 1 sold in first few phases. I like the basketball court in the small park, pool and tot lot should be fun as well. I don't see how these go for a million when Sonoma and Maricopa are almost the same as these. The extra sq. footage in home management/storage/secondary bedrooms bumps these up by $150k..
Residence 1
Entrance/Foyer (hey that bench was in the Sonoma model!)
Den
Downstairs Bath
Great Room
Kitchen
Kitchen/G. Room (yes! The island faces the TV!, too bad no TV wall though)
Dining Room
Home Management/Wine Room
California Room
Yard
Yard 2
M. Bed
M. Bath
Enclosed shower
Bedroom 2 (pretty big)
Bedroom 3
Laundry
Laundry storage (kinda waste of space)
Bath
Another shot of Kitchen
All these can be had for a cool million. Lot size average 4-6000 sq ft. All plan 1 sold in first few phases. I like the basketball court in the small park, pool and tot lot should be fun as well. I don't see how these go for a million when Sonoma and Maricopa are almost the same as these. The extra sq. footage in home management/storage/secondary bedrooms bumps these up by $150k..
I like LV purses and actually feel I am getting what I pay for ... at least enjoyment wise. Also, LV purse would be a small mistake in comparison to a 200K equity loss.
I haven't toured San Marino, but my realtor did for us and says that we should not even bother. The price is not worth what you get. I guess all of Irvine is like this to some degree ...lol!
I haven't toured San Marino, but my realtor did for us and says that we should not even bother. The price is not worth what you get. I guess all of Irvine is like this to some degree ...lol!
usctrojancpa
Well-known member
I went with a buyer of mine to look at San Marino and we weren't impressed at all.OCMommy said:
irvinehomeowner
Well-known member
Am I the only one who thinks TIC went the wrong direction with San Marino? Did Carmel and Carmel II sell so well that they thought there was a market for "luxury" homes in Woodbury?
If I were them, I would have re-parceled those lots to smaller SFRs below San Marino's pricing and they would probably net more per square foot on that land. Let's see... 2 homes for $1mil each on 5k lots, or 3 homes for $750k each on 3.5k lots? No 3-car garages, no elevation or gates... how can those really be classified as "luxury" homes?
If I were them, I would have re-parceled those lots to smaller SFRs below San Marino's pricing and they would probably net more per square foot on that land. Let's see... 2 homes for $1mil each on 5k lots, or 3 homes for $750k each on 3.5k lots? No 3-car garages, no elevation or gates... how can those really be classified as "luxury" homes?
usctrojancpa
Well-known member
They only way they can be classified as "luxury" homes is due to the price tag, that's about it. Nothing luxurious about them.irvinehomeowner said:
villiagepeople
New member
irvinehomeowner said:
you are not the only one.. i too think there should be more "detached" product with less square footage... but i think there is more need in the 1500-2000 sq ft range... and just like you said, if there were more homes then they could sell it for less and still get more per sq ft... i overheard someone at the stonegate grand opening walking away from the san mateo models saying... i would buy one... if it were only 450k...
but i don't think TIC (and other builders in Irvine) are the only ones who are not getting it... there is a new development in aliso (off of glenwood)... been selling for a couple of years.. why? one reason i think is because they have (my numbers could be off a bit) attached 1100-1400 sqft or 2400+ sq ft! i don't get it... they are completely skipping the "sweet spot". don't know what they are thinking...
nytransplant
New member
villagepeople said:
Please don't say your advocating for more motor court homes. A smaller SFR seems appropriate as long as any non-irvine person can easilly identify it as a single family home: i.e. driveway, no zero-lot lines, a good 15+ feet between you propertly next to you, at least 4000 sq feet lot (still small for most standards at less then .1 acres), 3+ bedrooms and 2.5+ baths.
The residents of Irvine need to demand and expect more for their dollar, not less from the builders
villiagepeople
New member
nytransplant said:
sure i can wish all i want that they sell the homes for less (although i wouldn't really care for anything bigger than what i'm buying)... but i can't "demand" anything from the builder, you'll probably say i can "demand" they price the homes cheaper by waiting or looking elsewhere... i tried for a couple of years to look elsewhere and have been "waiting" since i sold my condo in 2006... but in the end, the "market" decides the price. (whether aided by gov't or not.. i'm not going to cry about it... and i'm not entitled to anything)
nytransplant
New member
I never said "demand." You "asked" for a "detached" product which to TIC means Moniceto like homes. TIC build what there market research tells them will sell. They do lots of polling to see what the customer wants.
So while they might still build what they want (many homes on small lots to max profits), let's not make them think they are building what the people want.
So while they might still build what they want (many homes on small lots to max profits), let's not make them think they are building what the people want.
irvinehomeowner
Well-known member
I think some concessions can be made on your list.nytransplant said:
Las Ventanas is the perfect example of using small space efficiently. They are doing 3500sf lots (some smaller) but can still fit a 2300+sft home on it. I would take even zero lot line one side (older Woodbridge SFRs were like this) as long as they kept the driveway and sidewalk (LV even has the green parkway separating the sidewalk from the street).
Imagine if they took that project and put it in Stonegate, Woodbury or Laguna Altura. They could increase the premium by $50k in SG/WB and $100k in LA and they would be fly at those prices.
Who wouldn't pay $675k for a Plan 1 in Stonegate or Woodbury? Or $750k for a Plan 3? It's not like the land cost TIC any more or less... and I know that any surveys I fill out, I always say pricing is not fair... so you really need to think why TIC is still benchmarking so high.
As watercooler as this may sound... I do think they are trying to preserve home values in their A (and even B) 'hoods.
villiagepeople
New member
nytransplant said:
ok... i was going to let this go, but seriously... unless i'm reading it wrong... that's exactly what you said... am i going nuts here?
nytransplant said:
and not trying to start a fight here, but just because you like a larger house and a larger yard, doesn't mean everyone wants or needs one. i happen to like a smaller house and a small patio with just enough room for a bbq... i'm assuming i'm not the only one who feels this way cause they were selling a whole bunch of these last year (the future remains to be seen). also, i'm assuming you are a ny state transplant but not a nyc transplant? reason i say this is, as i'm sure everyone here is aware... they can and will build them smaller and tighter as the population grows.
nytransplant
New member
The "demand" comment was metaphorical not literal (as it appears you took it).
As a person form NY and NYC as well as Michigan, i can tell you first hand the problems that occur from overcrowding, i.e. building lots of homes on smaller lots. the term suburan sprawl comes to mind. If TIC continues to build this way the "value" that Irvine adds to current homes will become a thing of the past.
As for the zero-lot lines. These are usually resticted to urban homes. In reality the governing body of a suburban village (and yes i consider Irvine a suburb with a business district) would not allow such urban developments. I'm not sure why Irvine allowed this.
Once you give consessions they are gone for over. It is very hard to take back something that's been given i.e. entitlements.
As a person form NY and NYC as well as Michigan, i can tell you first hand the problems that occur from overcrowding, i.e. building lots of homes on smaller lots. the term suburan sprawl comes to mind. If TIC continues to build this way the "value" that Irvine adds to current homes will become a thing of the past.
As for the zero-lot lines. These are usually resticted to urban homes. In reality the governing body of a suburban village (and yes i consider Irvine a suburb with a business district) would not allow such urban developments. I'm not sure why Irvine allowed this.
Once you give consessions they are gone for over. It is very hard to take back something that's been given i.e. entitlements.
usctrojancpa
Well-known member
I never understood why people would allow for zero lot line homes to be built in suburban cities like Irvine, let know buy them. To me, that is dangerously close to being an attached single family residence and should be priced accordingly.
irvinehomeowner
Well-known member
It's basically land maximization.
Zero lot line is no less foreign than attached or paired housing. It's the compromise between attached and detached.
Zero lot line is no less foreign than attached or paired housing. It's the compromise between attached and detached.
nytransplant
New member
irvinehomeowner said:
Its a very slippery slope