[quote=AN][quote=flu]Yes AN… If in doubt, checkout the ATTACHED pardee homes “Highlands Village” at the end of Carmel Country Highland area in CV. Some of these larger townhomes are in the $600k and are being sold, probably to techie folks that want their kids to be able to go to Ocean Air or Sage Canyon. So relatively speaking, I think these SFH will do just fine. Pardee’s got this market dialed in pretty well.[/quote]
But those Highlands Village is in CV with CV’s school. This is in Mira Mesa with Mira Mesa school. Don’t get me wrong, I’d love to get more high priced homes in MM, it just help bring up the median income of the area, which can only help. I’m just skeptical as to if there will be buyers for these at ~$200k above resale. Those Highlands Village attached homes are not selling at $200k above comparable resale, are they?[/quote]
MM schools aren’t THAT bad, come on…And frankly CV schools are overrated. Only a small percentage of people *that* snooty when it comes to schools.
Highland Village i think is selling considerably above attached townhomes on the other side of CV (near Ralphs).
So yes, I think there is a premium that people are paying for new homes. Same could be said for Carriage Run, which I use to laugh at all the time. I’m not laughing anymore. People have paid around mid $800k for those too, and those are pretty much sold out.
This MM community I think has the convenience factor, so I think it will be a winner. It will bring up MM and the surrounding and schools.