Your opinion on this condo listing in Woodbridge plz

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[quote author="irvine_native" date=1238479736]We rented the same model condo on a different street for about 5 years a while back. The one in the listing is nicely upgraded. Our rental looked nothing like it. It wasn't upgraded at all. We stayed there when we only had 1 kid and it was a decent size for us at the time.



A few things about the model:

-Ours didn't have ac and it would get really hot. The limited window design prevented any kind of breeze through the home.

-The walls are thin so you will get to know your neighbor. The master bedroom is right up to where our neighbor put their TV and we could hear it clearly. Every..Damn..Night.. It once drove me so mad that I plugged in my 200 pound stage bass guitar amp at 1:00AM to give them a little hint that they should turn down their damn TV.

-As with any 30 year old home in Irvine, it has termite and roof rat issues. Our garage leaked when it rained.

-A large percentage of these are rental units.

-The bedrooms are huge and the great room is awesome. For all the annoyances, I loved the design of the home. It was very livable for 3 people. We moved when we had a 2nd kid on the way.



And of course the inner loop location is nice. With parks everywhere to walk to, you don't miss not having a yard.</blockquote>


Yikes it is unfortunate the deisgn puts the bedrooms against the common wall!

Otherwise, the design was something that got me hooked to it. The living area and access to the greenbelt / loop were a definite plus.

Thanks for your comments,
 
[quote author="ipoplaya" date=1238486577][quote author="SoCal78" date=1238277732]<a href="http://www.redfin.com/CA/Irvine/13-Park-Vis-92604/unit-31/home/5469414">13 Park Vis 92604</a> > Clickified



Welcome to the boards.</blockquote>


The property is nice upgraded, although I don't see $70-80K of additions. I put the cost of sprucing up that sized unit similar at $40-50K tops, most of it in the kitchen. That assumes gutting and replacing all cabinets. You could reface and re-do doors and door hardware on that sized kitchen for maybe $5-6K I'd think.



I think it's fairly priced in this market. Considering upgrades, I'd put it at an adjusted CS index of around 190 at list, which is right around current market pricing. I think units such as this should definitely see the $300K range at bottom.</blockquote>


Where do I find more information on "CS index" ?



If these units went below 400k, I would definetely re-consider them :)



Thanks!
 
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