NoWowway_IHB
New member
awgee. Yep - sulcata.
Shady Canyon
- Thread starter ABC123_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
bkshopr_IHB
New member
[quote author="awgee" date=1216189708][quote author="NoWowway" date=1216185995]Attention Shady Canyon Resident,
Your expensive tortoise was turned into Irvine Animal Control by the gatekeeper guard today. The staff estimates the value of this turtle to be about $1k. It is expected to grow to 250 pounds. Please come and pick it up asap.
(true!) ;-)</blockquote>
Sulcata?</blockquote>
He was not lost. He was looking for his roomate Acpme. They camp out on the same lot.
Your expensive tortoise was turned into Irvine Animal Control by the gatekeeper guard today. The staff estimates the value of this turtle to be about $1k. It is expected to grow to 250 pounds. Please come and pick it up asap.
(true!) ;-)</blockquote>
Sulcata?</blockquote>
He was not lost. He was looking for his roomate Acpme. They camp out on the same lot.
EquityMind_IHB
New member
<a href="http://www.redfin.com/CA/Irvine/66-Canyon-Crk-92603/home/5929762">66 Canyon Creek</a> had a price drop of $1,000,000 from $9,995,000 to $8,995,000 today. The home was originally priced at $11,995,000 when it first came on the market but soon dropped to the most recent selling price of $9,995,000. It was taken off the market and put back on 1 day later in early June to reflect a lower 'days on market' number so the original list price is not reflected on the current MLS listing but in effect has had a total price drop of $3,000,000 or almost $250 a sq. ft.
awgee_IHB
New member
[quote author="skek" date=1216471470]Prices per square foot in Shady Canyon are all over the place. Does anyone have a sense for where they might end up? I've heard construction costs in the customs can run as high as $400-500 per square foot. Any truth to that?</blockquote>
Yes, construction costs for improvements can easily go above $500 per sq. ft. And ... the builder costs are no longer relevant. Shady Canyon has become a supply driven market. There is a <strong>HUGE</strong> oversupply of upper end homes and the demand is decreasing at logrithimic rates. I do not think anyone can accurately guess what the bottom will look like, until after it has passed. Realtors love to say, "No one can predict the absolute bottom." That is a straw man argument. You do not have to predict the bottom. You just have to wait until it has passed and you can see it behind us and then buy. Buying property within a few percentage points of the bottom is just a good as buying at the bottom.
Yes, construction costs for improvements can easily go above $500 per sq. ft. And ... the builder costs are no longer relevant. Shady Canyon has become a supply driven market. There is a <strong>HUGE</strong> oversupply of upper end homes and the demand is decreasing at logrithimic rates. I do not think anyone can accurately guess what the bottom will look like, until after it has passed. Realtors love to say, "No one can predict the absolute bottom." That is a straw man argument. You do not have to predict the bottom. You just have to wait until it has passed and you can see it behind us and then buy. Buying property within a few percentage points of the bottom is just a good as buying at the bottom.
CalGal_IHB
New member
<blockquote>You do not have to predict the bottom. You just have to wait until it has passed and you can see it behind us and then buy. Buying property within a few percentage points of the bottom is just a good as buying at the bottom. </blockquote>
My husband is always saying this same thing.
My husband is always saying this same thing.
jarling_IHB
New member
Just noticed that the foreclosure house, 6 Prairie Grass, just came back onto the market asking $2.6M. Wow! The neighbors won't be liking that!
EquityMind_IHB
New member
[quote author="skek" date=1216862867]Number of Shady Canyon sales in the last three months (according to Redfin and excluding the foreclosure)? One -- 52 Boulder View, which looks to have been a lot resale.</blockquote>
Yes - 52 Boulder View is currently a vacant lot. The last recorded home sale (of any type) was 29 Watercress a tad over three mos. ago at $5MM on April 14, 2008 and was a cash purchase.
Yes - 52 Boulder View is currently a vacant lot. The last recorded home sale (of any type) was 29 Watercress a tad over three mos. ago at $5MM on April 14, 2008 and was a cash purchase.
Gohabsgo_IHB
New member
<a href="http://www.redfin.com/CA/Irvine/109-Canyon-Crk-92603/home/7215264"> 109 Canyon Crk</a> - Reduced Listing:
Apr 01, 2008 $7,995,000
Jul 08, 2008 $6,995,000
Aug 29, 2008 $5,995,000
That's another good step in the right direction!
New listing <a href="http://www.redfin.com/CA/Irvine/28-Boulder-Vw-92603/home/5856252">28 Boulder Way</a> ... just a tad expensive also pretty high $/sq. ft. for some reason there's no pix of the home itself.
Apr 01, 2008 $7,995,000
Jul 08, 2008 $6,995,000
Aug 29, 2008 $5,995,000
That's another good step in the right direction!
New listing <a href="http://www.redfin.com/CA/Irvine/28-Boulder-Vw-92603/home/5856252">28 Boulder Way</a> ... just a tad expensive also pretty high $/sq. ft. for some reason there's no pix of the home itself.
awgee_IHB
New member
[quote author="Roo" date=1220335136]<a href="http://www.redfin.com/CA/Irvine/109-Canyon-Crk-92603/home/7215264"> 109 Canyon Crk</a> - Reduced Listing:
Apr 01, 2008 $7,995,000
Jul 08, 2008 $6,995,000
Aug 29, 2008 $5,995,000
That's another good step in the right direction!
New listing <a href="http://www.redfin.com/CA/Irvine/28-Boulder-Vw-92603/home/5856252">28 Boulder Way</a> ... just a tad expensive also pretty high $/sq. ft. for some reason there's no pix of the home itself.</blockquote>
Re. 28 Boulder View - Sometimes the developer lists the home before it is finished. Since McMonigle is the listing agent on so many of the brand new spec homes, I can not help but wonder if he is not also an investor.
Apr 01, 2008 $7,995,000
Jul 08, 2008 $6,995,000
Aug 29, 2008 $5,995,000
That's another good step in the right direction!
New listing <a href="http://www.redfin.com/CA/Irvine/28-Boulder-Vw-92603/home/5856252">28 Boulder Way</a> ... just a tad expensive also pretty high $/sq. ft. for some reason there's no pix of the home itself.</blockquote>
Re. 28 Boulder View - Sometimes the developer lists the home before it is finished. Since McMonigle is the listing agent on so many of the brand new spec homes, I can not help but wonder if he is not also an investor.
Gohabsgo_IHB
New member
[quote author="awgee" date=1220337657][quote author="Roo" date=1220335136]<a href="http://www.redfin.com/CA/Irvine/109-Canyon-Crk-92603/home/7215264"> 109 Canyon Crk</a> - Reduced Listing:
Apr 01, 2008 $7,995,000
Jul 08, 2008 $6,995,000
Aug 29, 2008 $5,995,000
That's another good step in the right direction!
New listing <a href="http://www.redfin.com/CA/Irvine/28-Boulder-Vw-92603/home/5856252">28 Boulder Way</a> ... just a tad expensive also pretty high $/sq. ft. for some reason there's no pix of the home itself.</blockquote>
Re. 28 Boulder View - Sometimes the developer lists the home before it is finished. Since McMonigle is the listing agent on so many of the brand new spec homes, I can not help but wonder if he is not also an investor.</blockquote>
Rough times for everyone I guess...
Good news, if I buy this home, redfin would give me $370,000 back, enough for a good downpayment on something I can afford!
Apr 01, 2008 $7,995,000
Jul 08, 2008 $6,995,000
Aug 29, 2008 $5,995,000
That's another good step in the right direction!
New listing <a href="http://www.redfin.com/CA/Irvine/28-Boulder-Vw-92603/home/5856252">28 Boulder Way</a> ... just a tad expensive also pretty high $/sq. ft. for some reason there's no pix of the home itself.</blockquote>
Re. 28 Boulder View - Sometimes the developer lists the home before it is finished. Since McMonigle is the listing agent on so many of the brand new spec homes, I can not help but wonder if he is not also an investor.</blockquote>
Rough times for everyone I guess...
Good news, if I buy this home, redfin would give me $370,000 back, enough for a good downpayment on something I can afford!
jarling_IHB
New member
Noticed a new listing in Shady at 38 Prairie Grass. They are asking $3,095,000. The listing doesn't appear on Redfin, but is on Realtor.com
IrvineRealtor_IHB
New member
[quote author="awgee" date=1220337657][quote author="Roo" date=1220335136]<a href="http://www.redfin.com/CA/Irvine/109-Canyon-Crk-92603/home/7215264"> 109 Canyon Crk</a> - Reduced Listing:
Apr 01, 2008 $7,995,000
Jul 08, 2008 $6,995,000
Aug 29, 2008 $5,995,000
That's another good step in the right direction!
New listing <a href="http://www.redfin.com/CA/Irvine/28-Boulder-Vw-92603/home/5856252">28 Boulder Way</a> ... just a tad expensive also pretty high $/sq. ft. for some reason there's no pix of the home itself.</blockquote>
Re. 28 Boulder View - Sometimes the developer lists the home before it is finished. Since McMonigle is the listing agent on so many of the brand new spec homes, <strong>I can not help but wonder if he is not also an investor</strong>.</blockquote>
My sources say, "Yes."
-magic 8 ball
Apr 01, 2008 $7,995,000
Jul 08, 2008 $6,995,000
Aug 29, 2008 $5,995,000
That's another good step in the right direction!
New listing <a href="http://www.redfin.com/CA/Irvine/28-Boulder-Vw-92603/home/5856252">28 Boulder Way</a> ... just a tad expensive also pretty high $/sq. ft. for some reason there's no pix of the home itself.</blockquote>
Re. 28 Boulder View - Sometimes the developer lists the home before it is finished. Since McMonigle is the listing agent on so many of the brand new spec homes, <strong>I can not help but wonder if he is not also an investor</strong>.</blockquote>
My sources say, "Yes."
-magic 8 ball
redline122_IHB
New member
109 Canyon Crk is back up to 6,995,000 as of 9/2/2008. Just missed it on the crosshairs of my ultimate-deal-snipe!... Uh no... 
working poor_IHB
New member
The DOW dropped another 450 plus today, when will this start affecting the homes in Shady Canyon and similar neighbor hoods in Orange County?
baseballhat_IHB
New member
am interested in checking out the properties in shady canyon. anyone know if i can just go in on my own or does it have to be with a realtor?
if it has to be with a realtor, any realtor recc's?
if it has to be with a realtor, any realtor recc's?
awgee_IHB
New member
[quote author="baseballhat" date=1221962096]am interested in checking out the properties in shady canyon. anyone know if i can just go in on my own or does it have to be with a realtor?
if it has to be with a realtor, any realtor recc's?</blockquote>
If you go on a Sunday afternoon, you can tell the guard you are there to look at open houses and they will give you a map to the open houses. No realtor necessary.
if it has to be with a realtor, any realtor recc's?</blockquote>
If you go on a Sunday afternoon, you can tell the guard you are there to look at open houses and they will give you a map to the open houses. No realtor necessary.