Kanasai said:
I am looking to upgrade my home, this forum has provided me valuable information while weighing my options (thank you all). I am getting priced out in Irvine but looks like Lake Forest prices are catching up as well.
I moved from Irvine to Lake Forest, I have a Terraces home in Baker Ranch. We really love it, my wife was initially concerned about being 'far from things' but it turns out it's about 8-10 minutes down to the Spectrum or Costco.
There's also the nearby shopping center in Foothill Ranch, not exactly a great fine dining destination but lots of good takeout and casual dining options for the family.
We really appreciate the nice pools and parks Baker Ranch has, and if The Meadows is Baker Ranch 2.0 (if not a as big) I think it'll be quite nice for a family. The downside is the 'new house tax' of them nickle and diming for all the upgrades, but maybe it's not so bad if you think about things in a 10 year timeframe.
If you're singular focus is % appreciation, I'm thinking a detached condo in Irvine is the best bet. But if you factor in having more space and neighborhood, I think the Meadows or Baker ranch is a great option.