The Ridgegate subdivision has a pretty wide variety of square footage from the low 2k sf to over 3500 sf. So I think it is going to be a tough call for you to see the pricing you want. Perhaps in the 2011-2012 timeframe, if at all you may indeed see the lower end homes in Ridgegate find the 700’s again. You never know right?
In the near future though, (now and moving forward) for the next 2 years I expect stubborness on the sellers parts. Hopefully some distress in Ridgegate will provide some lower prices hear and there but expectations of 700k in Ridgegate are going to need a few years to be realized if at all.
