I just got back from Valdemosa. I was a bit disappointed in the price for the 3586 sq ft homes. According to them, the 453K is a barebone price with no options. However, they aren’t building any with no options. So the lowest price they have on the 3586 s.f. home is 489,990. But they would also help give 15K for closing costs or if you don’t need closing costs, they would just take the 15K off the list price (so you pay lower taxes).
However, they had some new homes that are done building with a lot of options in the house (granite counter tops, fireplaces etc). Those homes are 499,990, but they’ve been sitting there unsold. They’re ready for a 30-day close.
As for the 2675 sf home, it’s really priced at 399,990. But they’re only building one home for a September move in with no options.
All in all, it was a pretty dramatic drop nevertheless. Even from 712K (originally priced with all the options) down to 500K is pretty big. And I’m sure there’s a bit of wiggle room even though they told me the prices were firm (I’m guessing 20K if you pushed for it).
