[quote=ncsd760]Shocked at the appreciation of some of the “move-up” LCO homes. The one on Cte. Panorama backing to powerlines came with landscaping new and had no phenomenally crazy builder updates. Yes it has changed a few hands in about ten years but circa 2011-2012 those homes were usually 575k-725k(for models and some of that 2889sf floorplan) new and some of the ranches were low-mid 500s. Wild that that home just closed for 1.45M. Same for the one on Ste. Destino for $1.38. That one had better upgrades but probably more road noise and weird landscape.
Same thing for Cte Brezo. Back in the day that doesn’t feel long ago (but evidently is) half that street was a short sale for low 7s and the original owner already did your landscaping. Road noise sure but this was even before the shopping center was done. And then Cir. Sequoia was steadily 900-1M +/- 100k on either end given REO/short sale/ocean view. Which felt like a big amount of money then.
Just wild how times changed.[/quote]
Yup, exactly what Ive been talking about.In 09 my house was likely 725ish and now its 1.6ish. We are up at least 30% year over year in 92009 and now the comps are showing that and more. Most of this change has come since Feb.
BTW Destino houses are nicer than Panorama houses. Its just a much smaller one on Destino here
