Home › Forums › Closed Forums › Properties or Areas › Stonebridge-Toll Brothers
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upwardspiral.
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March 3, 2011 at 5:41 AM #18584March 3, 2011 at 6:38 AM #672649
ocrenter
ParticipantToll Brothers certainly has a reputation for building solid luxury homes. Looking at its other home offerings throughout SoCal, it looks like Toll is targeting the 900k price range. They’ll probably have the starting price at $899,995 or something so they can say they are starting in the “high 800ks.”
Given that Serenity from Brookfield has been able to sell at 900k to 1 million, Toll Bros should be able to do the same as well.
checking the property tax site, each lot is taxed at the assessed value of $358k. Assuming that’s the Toll Bros purchase price, this should pencil out for them.
question is can they sell all 71 homes before the interest rate start rising.
March 3, 2011 at 6:38 AM #672710ocrenter
ParticipantToll Brothers certainly has a reputation for building solid luxury homes. Looking at its other home offerings throughout SoCal, it looks like Toll is targeting the 900k price range. They’ll probably have the starting price at $899,995 or something so they can say they are starting in the “high 800ks.”
Given that Serenity from Brookfield has been able to sell at 900k to 1 million, Toll Bros should be able to do the same as well.
checking the property tax site, each lot is taxed at the assessed value of $358k. Assuming that’s the Toll Bros purchase price, this should pencil out for them.
question is can they sell all 71 homes before the interest rate start rising.
March 3, 2011 at 6:38 AM #673322ocrenter
ParticipantToll Brothers certainly has a reputation for building solid luxury homes. Looking at its other home offerings throughout SoCal, it looks like Toll is targeting the 900k price range. They’ll probably have the starting price at $899,995 or something so they can say they are starting in the “high 800ks.”
Given that Serenity from Brookfield has been able to sell at 900k to 1 million, Toll Bros should be able to do the same as well.
checking the property tax site, each lot is taxed at the assessed value of $358k. Assuming that’s the Toll Bros purchase price, this should pencil out for them.
question is can they sell all 71 homes before the interest rate start rising.
March 3, 2011 at 6:38 AM #673459ocrenter
ParticipantToll Brothers certainly has a reputation for building solid luxury homes. Looking at its other home offerings throughout SoCal, it looks like Toll is targeting the 900k price range. They’ll probably have the starting price at $899,995 or something so they can say they are starting in the “high 800ks.”
Given that Serenity from Brookfield has been able to sell at 900k to 1 million, Toll Bros should be able to do the same as well.
checking the property tax site, each lot is taxed at the assessed value of $358k. Assuming that’s the Toll Bros purchase price, this should pencil out for them.
question is can they sell all 71 homes before the interest rate start rising.
March 3, 2011 at 6:38 AM #673805ocrenter
ParticipantToll Brothers certainly has a reputation for building solid luxury homes. Looking at its other home offerings throughout SoCal, it looks like Toll is targeting the 900k price range. They’ll probably have the starting price at $899,995 or something so they can say they are starting in the “high 800ks.”
Given that Serenity from Brookfield has been able to sell at 900k to 1 million, Toll Bros should be able to do the same as well.
checking the property tax site, each lot is taxed at the assessed value of $358k. Assuming that’s the Toll Bros purchase price, this should pencil out for them.
question is can they sell all 71 homes before the interest rate start rising.
March 3, 2011 at 9:30 AM #672714Echoooo
ParticipantInteresting. Another player in the Stonebridge market. Where are they building? The lot overlooking Montoro homes or the lot over Scripps preserve? Where can we find the floor plan? Serenity didn’t lower their price much but they did offer a large incentive as much as $70k on some sites. The market will tell if Toll brothers are willing to do the same.
March 3, 2011 at 9:30 AM #672776Echoooo
ParticipantInteresting. Another player in the Stonebridge market. Where are they building? The lot overlooking Montoro homes or the lot over Scripps preserve? Where can we find the floor plan? Serenity didn’t lower their price much but they did offer a large incentive as much as $70k on some sites. The market will tell if Toll brothers are willing to do the same.
March 3, 2011 at 9:30 AM #673387Echoooo
ParticipantInteresting. Another player in the Stonebridge market. Where are they building? The lot overlooking Montoro homes or the lot over Scripps preserve? Where can we find the floor plan? Serenity didn’t lower their price much but they did offer a large incentive as much as $70k on some sites. The market will tell if Toll brothers are willing to do the same.
March 3, 2011 at 9:30 AM #673524Echoooo
ParticipantInteresting. Another player in the Stonebridge market. Where are they building? The lot overlooking Montoro homes or the lot over Scripps preserve? Where can we find the floor plan? Serenity didn’t lower their price much but they did offer a large incentive as much as $70k on some sites. The market will tell if Toll brothers are willing to do the same.
March 3, 2011 at 9:30 AM #673870Echoooo
ParticipantInteresting. Another player in the Stonebridge market. Where are they building? The lot overlooking Montoro homes or the lot over Scripps preserve? Where can we find the floor plan? Serenity didn’t lower their price much but they did offer a large incentive as much as $70k on some sites. The market will tell if Toll brothers are willing to do the same.
March 3, 2011 at 11:18 AM #672770localguy
ParticipantThey are building on the lots over, east of, Montoro. You could end up with some decent views depending on the lot. There are still vacant lots east and west of Scripps Preserve, along with the gated View Point at the end of Stonebridge Parkway.
LocalguyMarch 3, 2011 at 11:18 AM #672831localguy
ParticipantThey are building on the lots over, east of, Montoro. You could end up with some decent views depending on the lot. There are still vacant lots east and west of Scripps Preserve, along with the gated View Point at the end of Stonebridge Parkway.
LocalguyMarch 3, 2011 at 11:18 AM #673442localguy
ParticipantThey are building on the lots over, east of, Montoro. You could end up with some decent views depending on the lot. There are still vacant lots east and west of Scripps Preserve, along with the gated View Point at the end of Stonebridge Parkway.
LocalguyMarch 3, 2011 at 11:18 AM #673579localguy
ParticipantThey are building on the lots over, east of, Montoro. You could end up with some decent views depending on the lot. There are still vacant lots east and west of Scripps Preserve, along with the gated View Point at the end of Stonebridge Parkway.
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