Here’s a 4000 sq ft in the Greystone (Lennar) tract in Redhawk at the foot of Morgan Hill. Chelsea estates is what I believe the neighborhood was called.
Check out Mcmillin’s listings in Morgan Hill. They have one of their nicest homes, at over 4000 sq ft on one of their “best lots” that they have been boasting about since the development began for $614…A year ago they would’ve been justifying its value at $795. Yes, that’s still $150ish per sq ft.
And TG, $75 sq ft is a dire prediction, and is a certainty in other areas of Temekutucky. I still think it will, might only be a house or two, but as we move forward, under $100 in Morgan will happen.
What will guarantee it is if McMillin offs those empty lots on the cheap to KB.
