Just looking on that sub-division on Google Earth with all the houses jam packed, many with no yard, makes me think what right-minded people would pay 1.2M in such compressed density on the edge of town. It looks more like centre of downtown. Compare with this for examaple… yes I know its in Texas, but even so. I would move to Texas and accept a pay cut rather than pay for that canyon sub-division!
http://associates20002.texas.remax.com/
Listings/ListingDetail_r4.aspx?LID=24109376#