[quote=ltsdd][quote=ocrenter]4S and SEH is perfect for middle class families that put good schools on top of their list. $400-$600K range is what 4S/SEH homes should be at.[/quote]
Absolutely, that’s exactly what I was thinking. Wouldn’t it be great they would roll back prices so that homes Carmel Valley would be in the range of $500-700K, 4S $400-600K and Stonebridge Estates $300-500K.[/quote]
You know, 4S prices are not that far off. There are a bunch of >3000 sqft homes asking in the mid 600’s, I see a lot of mid 2000 sqft homes in the 500k range. So essentially prices are about 10% above what is expected for the area.
The smaller more tract like developments in stonebrige are also in the low 600k range, I think they are pretty comparable to 4S style homes. As for your idea that the typical 4000-5000 sqft homes on 1/3 to 1/2 acre in Stonebridge getting to $500k… You might be in for a really really long wait, good luck on that, I’ll be pulling for you.
CV 2500sqft SFR are still at around 800k. Like I said many time before, most overpriced out of the 3 areas. On the other hand, SEH 3000 sqft homes are firmly in the 500k range!
