Lot 797 (plan 2901) $742,990
Lot 798 (plan 3365) $779,990
Lot 825 (plan 2901) $724,990–>$721,890
Lot 829 (plan 2901) $713,900–>$707,890
Lot 830 (plan 3212) $741,990–>$731,490
looks like between 3/29 to now, lot 828 fell out. so does this mean lot 797 and lot 798 both sold? so looks like its sell 2 homes and get one back for Pienza.
Hi ocrenter. Thanks a lot for the pricing information. I got the pricelist yesterday but it was dated 4/4. It’s going to release 4 new houses this sat and will only give price infor on this Sat.
That’s a sharp observation. 829 is cheaper because it’s a corner house, facing two streets. But 825 and 797 are just across the street, looks exaclty the same lot size from the lot map, and yeah, it seems 797 lost about $16000 in a couple of weeks. I’m curious could the buyer negotiate with the builder to get some price deduction or ask the builder to throw in som upgrade/landscaping to make up the lose?
FYI for those that want a more distant historical perspective,
Prior to Silver Crest and Pienza, Fieldstone built Cambridge in 4S Ranch. Cambridge has very similar plans by same builder except the lots are quit a bit bigger. I thought I would never say such a thing because the lots in Cambridge seem very small. However, compared to what they are squeezing Silver Crest and Pienza homes into the lots at Cambridge seem spacious.
Here are the Fieldstone 4S prices for Phase 4 and 5 of Cambridge.
Phase 4 release on June 28, 2003
Plan 2814 – $559,990
Plan 3157 – $592,990
Plan 3392 – $615,990
Phase 5 release on August 9, 2003
Plan 2814 – $594,990
Plan 3157 – $616,990
Plan 3392 – $634,990
2900-3300 sqft for $707,000 to $737,000. April 2007
vs.
2800-3400 sqft for $595,000 to $635,000. August 2003
So we are $100,000 away from August 2003 pricing, considering these were actually up to $900,000 in late 2005 – early 2006… perhaps by the end of the year we would hit August 2003 pricing?
$200k drop from $707K??? If a 3000 sq/ft SFH in 4S Ranch can ever again be bought for 500K I will be the first in line to buy another. Barring a nuclear strike on San Diego, a massive earthquake, a melt down at San Onofre, or a meteor strike on Del Mar it won’t happen.
Hi macabre, I do not think a $20K drop is realistic either. If we use the 2000 price, factoring 3% inflation which is about 23% appreciation, a housing selling at $520K for a 3277 sqrt (which one of my friend bought new) can be priced at $640K. If we think 2000 price is reasonable, I would be happy to buy using this pricing formula.
Hi macabre, how is your house quality? Is fieldstone is reputable one? One of my friend’s house was built in 2004, and their wall (other neighbors as well) had a big long crack, finally the builder fixed it.
Maybe it’s just me, but compared to Davidson or even Cornerstone, I find Fieldstone homes as inferior and poorly built. But what do I know. Plus it seems that most of Fieldstone floorplans are “boring”. That’s just me though.
