Villages of Columbus - Columbus Square - Verandas

NEW -> Contingent Buyer Assistance Program
<p>oc, the odds are pretty slim since the freight lines run through SB and Riverside counties. If anything, those OC lines get more commuter trains feeding into LA.</p>

<p> </p>
 
I don't know where those lines go or what they connect to, but my Magic 8-ball (peak oil edition) says "likely" to moving more freight by rail in an energy constrained situation.
 
<p>Amtrak owns the tracks running through the middle of OC but BNSF has trackage rights, meaning they pay a fee to Amtrak to use them. They also have to schedule runs around the Amtrak trains. Things might have changed a bit between now and 93, but I doubt freight traffic has increased by much, especially as the BNSF does own the line running through North OC. Running freight on a train between the ports in LA/LB and SD takes 4 days from pick-up to delivery, according to the BNSF website. Since we are talking about two port cities, increasing freight runs through OC just doesn't make financial sense on a long-term basis, thus reducing the chances of it occuring in my semi-informed opinion.</p>
 
Hey guys, I have an update from a couple who is in escrow right now. They want to back out and get their deposit back, but just last weekend they received a call from the sales office offering to reduce their purchase price from $675,000 to $625,000 on their Plan 1. This is apparently what a new buyer would get.
 
Plan 1AXR - Lot 8 - $711,990 with $25K in credits





<strong>Included Features</strong>



Stainless steel kitchen appliances

Upgraded maple sable cabinets

Granite countertops

All baths upgraded

Upgraded interior paint package

Pre-wired for surround sound and security system

>




Back in Jan this was only $674,999





Does this mean that back in Jan it didn't have all these included features or are William Lyon slowly increasing the prices ready for a price drop?
 
Price sheet effective 9/6/07





Phase 1


Lot 8 - Plan 1AXR - $711,990


Lot 10 - Plan 3EX - $733,990


Lot 13 - Plan 3C - $721,990


Lot 16 - Plan 3D - $730,990


Lot 17 - Plan 2A - $696,990





Phase 2


Lot 23 - Plan 3CXR - $724,990


Lot 24 - Plan 1AX - $659,990


Lot 26 - Plan 3E - $713,990


Lot 29 - Plan 3D - $713,990


Lot 32 - Plan 2AXR - $713,990


Lot 33 - Plan 3EX - $726,990





It was our first time to Columbus Square. We went to see the Stable, Astoria, and Verandas. Verandas seems the best priced house out of these. Furthermore, the price are very competitive compared to any new SFR we have seen in Tustin or Irvine. Another agent at Astoria told us that Verandas for $40K incentives, but when we went to Verandas and asked the agent there, she said it was only $25K. I think if you're serious about buying here, I don't doubt they would be happy to give you a $40K incentive. If these homes went to Irvine School district, we would buy them in a heartbeat. They are priced to be less than $300/sq ft. This is unheard of for SFR. And they are new.
 
<p>Verandas is unpopular for 1 reason, the homes are the closest to the metro side on edinger. I used to think the bloggers here were exaggerating on the noise but they are not. It's quite loud. You will also feel the house shake when the train goes by. You wont here it from the MODEL homes though. I'll wait till late 2009 to purchase a fixer in Fountain Valley. The 8,000 to 10,000 square foot lots are ideal for me. When you have friends in the construction business, you get your homes rebuilt close to cost </p>

<p>It's not that cheap but it's a lot cheaper than hiring contractors!</p>
 
For those of you who are worried about the train noise, here is what I found: "Down the line in Tustin, city officials are taking steps to silence trains that cross Red Hill Avenue, just north of Edinger Avenue, to help out residents in several hundred nearby homes. More than $1 million is budgeted." The full article is here: <a href="http://www.quietzonesd.info/Reports/OC_Register-2006-07-16.html">http://www.quietzonesd.info/Reports/OC_Register-2006-07-16.html</a>. And <a href="http://www.tustinca.org/citydept/PubWorks/ViewProjects.asp">http://www.tustinca.org/citydept/PubWorks/ViewProjects.asp</a> lists Red Hill Quiet Zone Improvements @ Railway as one of the improvement projects. I read somewhere else (I couldn't find the article now) that $400k has been approved and already allocated to that railroad crossing alone.
 
<p>New e-mail</p>

<p>







15219 Severyns

Plan 1A - Lot 12 - $657,990









</p>

<p>Home Specifications


1,905 Square Feet, 3 Bedrooms, 2.5 Baths, 2-Car Garage


Upgraded Dark Maple Cabinetry, Front Porch, Front Yard Landscaping, Low HOA's, November 2007 move-in. </p>
 
<a href="http://orangecounty.lyonhomes.com/homes/community.php/Verandas_at_Columbus_Square.html?c=241"><img alt="Preview" src="http://orangecounty.lyonhomes.com/wlh/images/Verandas_PL2_Front.jpg" />


</a>

<p><strong>1417 Madison Street


Plan 2A - Lot 32


$699,990 </strong></p>

<p><strong>Home Specifications</strong>


1,887 Square Feet


3 Bedrooms


2.5 Baths


2-Car Garage</p>
 
<p>If you look up the house JP lists, it includes the following:</p>

<p><strong>Included Upgrades</strong>


Granite Slab Kitchen Countertops


Formal Dining Room


Front Yard Landscaping Included


4,500 Square Foot Backyard


Generous Builder Incentive


December Move-in</p>

<p>I wonder how generous they are being? I have heard people say $50K, $75K, etc. This might not be a bad house if they knocked off a full $100K.</p>

<p>Also, a 4500 sq ft backyard would mean this house is on a lot bigger than 6000 sq ft. I was under the impression that the Verandas were all on tiny lots.</p>
 
<p>Before stocking up for the Rose Bowl at the District Costco, checked out the Verandas as they seem comparable to Stonetree Manor in Woodbury --- which I am interested in. Pricing sheet is dated 9/6/07, but the old prices are crossed out and new prices written in with red ink....They must have just dropped them:</p>

<p>Residence 1 - From $655,990</p>

<p>Residence 2 - From $690,990</p>

<p>Residence 3 - From $714,990</p>

<p>Didn't get in a very deep conversation with sales office as I am not interested in these (due to school district) and didn't want to waste our time --- but she did offer up that $50k of incentive money was available on top of the listed price. As a note, I drove around the entire Columbus Square to check it out, as I had never been in there before. It was like a ghost town. I swear I did not pass another moving vehicle in the whole community. Strange place. Given the sketchy location, IMHO prices here have a LONG way to go before they get any movement on these homes. </p>
 
<p>Updated handwritten pricing on 2/1/08</p>

<p>Residence 1 - From $639,990</p>

<p>Residence 2 - From $671,990</p>

<p>Residence 3 - From $697,990</p>
 
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