Unfortunately the lot is actually very much the same size compared to the one selling for $75,000 less. And sorry, I would not call a backyard facing the community park where there’s increased noise and people “prime location”. Also, the entrance for the entire community is right at the park, so the folks coming in to the entire tract will see your backyard as they drive in. And no, this home is not a corner lot home either. Now homes that have their backyard against the hills, that’s a different story, neither one are like that.
As for the “former model home” claim. If you like to show us some links to pictures varifing that, great, would love to see them. However, are granite counters, crown molding, and upgraded carpet in a tract home really worth $75,000? Maybe to you, not certainly not to me. But hey, you are the professional.
Now as for the plug about Realtors. Let’s give a plug to zillow.com and domania.com for giving the power of info to the little guys, so we can see for ourselves that frankly, the yard really isn’t much bigger at all. And frankly, the lot premium isn’t really much of a premium.
oh, btw, this “former model home” was sold in 2/04 for $478,000. Exactly $18,000 more than the one currently on sale (this one was bought for $460,000 12/03). So tell us, sdrealtor, was the $18,000 difference in lot premium? or is it upgrades? I didn’t realize such price difference will translate into a $75,000 difference in just a couple of years!!!
or maybe it was simply that prices were going up so fast that a home bought in 12/03 and 2/04 had a price difference of $18,000. and now prices are going down so fast that a home sold in 3/06 and a home on sale a month later can have a $75,000 difference.