I like CR and Arabella but still think they are overpriced. The MR & HOA in Arabella is almost $3K/year more than CR. Is it just me or some of you have experienced similar on the attitude of the salespeople is grumpy, snooty and bitchy in CR? The sales pitch between CR and Arabella is day and night but they both work for the same builder. I’ve been to both subdivisions with friends several times and we all walked away with the same feeling about CR.
Yup, that's the Pardee treatment, unless you're asian 🙂 (just kidding)
My opinion. In general, I find Pardee to be overpriced for what they offer in terms of quality, craftsmanship, sqft etc. Not saying it's bad, but for tract homes, it could be better.
As for Carriage Run specifically, imho this community imho is a baster child community. Most people will probably find that they will quickly outgrow this home with 1 child. The problem i have with this community is that it's "suppose" to be a starter home. Well, at high seven to $800k+, it's not much of a starter home for most people….It doesn't make sense for to me for people to move up from say an attached home in CV to this place at $800k and then trade up again to something larger….You're paying a huge premium to have the privilege of being the first owner, but there's no way in hell imho that this community is going to "hold value" better than other communities that have already started to show some decline.
As a reference point, back in early 2004, an ok 2600sqft 4bed+bonus/3bath or 5/3bath home in a second tier (non-luxury) community in Torrey Hills would set you back about $850k-$950k. Recently, I've been noticing a few homes have in been going into escrow with a range of this asking price, albeit quickly. So it appears we're starting to see some price correction. Problem is CR or any Pardee Community is still being priced at 2005-2006 peak prices. Personally, I wouldn't buy a Carriage Run home unless pricing was closer to the $650k in today's pricing, but that's just me.
I'd consider resale before considering Pardee frankly. You'll probably have more wiggle room, and be able to get something more for the price Pardee is asking.
