I don’t know the specifics, but from the website the sq footage spread is actually on 1,100. The plan 4 is only 3500 with a 4 car gar, it can get as high as 4400 if you add a bonus room above the garage and kill two of the four car garages. One story homes over 2400 sq ft are more marketable because they are difficult to find and it has a three car garage that is not tandem, the plan 4 is a 2×2 tandem, but still that doesn’t explain why they are the same price.
So what’s the plan Matt? Are you buying out there? After those tracts sell off I don’t think you are going to see any new construction out there for a while, they probably aren’t making much on these at these prices. Chaos is already happening in French Valley, those are almost Texas prices and under $100 a sq ft. Since the past declines in Temecula have appeared about six months after French Valley, I’ll expect those numbers here in March and I would pull the trigger if it was under $100 a square in the location I wanted. I know it will probably get worse but it’s hard to fathom it getting under 300k for over 4000 sq ft new house.
