I know Bressi ranch fairly well. I don’t beleive a house in the Wisteria Place neighborhood (the cheapest one there) ever sold in the 800’s. The way Bressi Ranch is laid out with different neighborhoods at different price points often sharing the same street name this might be a cause for some confusion. If you are Zillowing, you are getting bad information because it is only looking at sq footage and room counts. That’s what is probably going on but who knows.
Zillow is pretty useless from my experience. My house shows up on Zillow at 775K when the same model across the street without upgrades or a huge yard like mine sold in the high 800’s 1 year ago. The funniest thing is when I make Zillow adjustments adding a bedroom and 250 sq ft because the tax records Zillow uses are wrong my home goes down in value over 50K.
With that said, there are some relatively great deals going on in Bressi Ranch and it has pretty much crippled resales in the Rancho Carrillo neighborhood next. I know they are doing alot of discounting there and throwing alot of upgrades around. Personally I kind of like the feel of Bressi ranch but there is too much air traffic overhead for me.
