Crosby and the Bridges

[vferraro]

A major difference between Crosby and Santaluz (and you should do your own analysis)is average pricing. Both communities have expensive custom homes ($4M+) – but mean prices are lower in Santaluz. Even with a depressed housing market, prices in Crosby start at $1.3M and up. The products are different too. The homes Davidson built in Crosby are very different and bigger than Santaluz. Almost semi-custom like.

There are some pretty basic Del Sur style homes is SL. You won’t find that kind of product in the Crosby.

[Bugs]

I’ve been inside some of the homes at all of these projects whilst they were in construction, so you can take my opinion for what little it’s worth.

If it was my money, I’d go with the homes in the Covenant area or possibly Fairbanks or the RSF Farms area. I don’t think all the wannabe areas will hold up as well over the long term. They certainly won’t do as well over the next 5 years.

Then again, I’m not a golfer and I don’t consider having a golf course in my back yard to be a plus. If I was a golfer then the Crosby or The Bridges might interest me more.

Different strokes. I still think Raptorduck would like The Bridges better than the Crosby. I know I do.

[Bugs]

I’ve been inside some of the homes at all of these projects whilst they were in construction, so you can take my opinion for what little it’s worth.

If it was my money, I’d go with the homes in the Covenant area or possibly Fairbanks or the RSF Farms area. I don’t think all the wannabe areas will hold up as well over the long term. They certainly won’t do as well over the next 5 years.

Then again, I’m not a golfer and I don’t consider having a golf course in my back yard to be a plus. If I was a golfer then the Crosby or The Bridges might interest me more.

Different strokes. I still think Raptorduck would like The Bridges better than the Crosby. I know I do.

[Bugs]

I’ve been inside some of the homes at all of these projects whilst they were in construction, so you can take my opinion for what little it’s worth.

If it was my money, I’d go with the homes in the Covenant area or possibly Fairbanks or the RSF Farms area. I don’t think all the wannabe areas will hold up as well over the long term. They certainly won’t do as well over the next 5 years.

Then again, I’m not a golfer and I don’t consider having a golf course in my back yard to be a plus. If I was a golfer then the Crosby or The Bridges might interest me more.

Different strokes. I still think Raptorduck would like The Bridges better than the Crosby. I know I do.

[Bugs]

I’ve been inside some of the homes at all of these projects whilst they were in construction, so you can take my opinion for what little it’s worth.

If it was my money, I’d go with the homes in the Covenant area or possibly Fairbanks or the RSF Farms area. I don’t think all the wannabe areas will hold up as well over the long term. They certainly won’t do as well over the next 5 years.

Then again, I’m not a golfer and I don’t consider having a golf course in my back yard to be a plus. If I was a golfer then the Crosby or The Bridges might interest me more.

Different strokes. I still think Raptorduck would like The Bridges better than the Crosby. I know I do.

[Bugs]

I’ve been inside some of the homes at all of these projects whilst they were in construction, so you can take my opinion for what little it’s worth.

If it was my money, I’d go with the homes in the Covenant area or possibly Fairbanks or the RSF Farms area. I don’t think all the wannabe areas will hold up as well over the long term. They certainly won’t do as well over the next 5 years.

Then again, I’m not a golfer and I don’t consider having a golf course in my back yard to be a plus. If I was a golfer then the Crosby or The Bridges might interest me more.

Different strokes. I still think Raptorduck would like The Bridges better than the Crosby. I know I do.

[raptorduck]

Thanks everyone for your comments. I will get a first hand look at the Crosby and the Bridges this weekend and will report back my take from that limited experience.

Alex, I know you get a lot of grief on this board over your edgy style and even I have seen the sharp edge of your sword before. But I for one appreicate your candor on this board and don’t mind you calling me clueless from time to time.

In terms of range of homes, I do agree that there is a broader range in Santaluz than other places I have seen. In FBR for example, you would be hard pressed to find a fixer upper under $2M (an can spend $20M+). In Cielo, it is mostly semi custom and custom homes of $2M+ as well (and can spend $10M+). But the tract home areas of Santaluz seem pretty nice from what I have seen so I don’t mind it. If you buy a $3-$5M home in Santaluz, chances are all the homes on your street will be in that price range and quality/size etc.

Like I said before, so far there are things about each area I like and I would not mind living in any one of them, quite frankly. Which I pick will have more to do with the home, its quality, value, pricing, and what my wife says. I do agree that some areas will probably do better than others in the long run, but that is not the foremost criteria for my decision. It is but one of many elements.

I don’t golf.

[raptorduck]

Thanks everyone for your comments. I will get a first hand look at the Crosby and the Bridges this weekend and will report back my take from that limited experience.

Alex, I know you get a lot of grief on this board over your edgy style and even I have seen the sharp edge of your sword before. But I for one appreicate your candor on this board and don’t mind you calling me clueless from time to time.

In terms of range of homes, I do agree that there is a broader range in Santaluz than other places I have seen. In FBR for example, you would be hard pressed to find a fixer upper under $2M (an can spend $20M+). In Cielo, it is mostly semi custom and custom homes of $2M+ as well (and can spend $10M+). But the tract home areas of Santaluz seem pretty nice from what I have seen so I don’t mind it. If you buy a $3-$5M home in Santaluz, chances are all the homes on your street will be in that price range and quality/size etc.

Like I said before, so far there are things about each area I like and I would not mind living in any one of them, quite frankly. Which I pick will have more to do with the home, its quality, value, pricing, and what my wife says. I do agree that some areas will probably do better than others in the long run, but that is not the foremost criteria for my decision. It is but one of many elements.

I don’t golf.

[raptorduck]

Thanks everyone for your comments. I will get a first hand look at the Crosby and the Bridges this weekend and will report back my take from that limited experience.

Alex, I know you get a lot of grief on this board over your edgy style and even I have seen the sharp edge of your sword before. But I for one appreicate your candor on this board and don’t mind you calling me clueless from time to time.

In terms of range of homes, I do agree that there is a broader range in Santaluz than other places I have seen. In FBR for example, you would be hard pressed to find a fixer upper under $2M (an can spend $20M+). In Cielo, it is mostly semi custom and custom homes of $2M+ as well (and can spend $10M+). But the tract home areas of Santaluz seem pretty nice from what I have seen so I don’t mind it. If you buy a $3-$5M home in Santaluz, chances are all the homes on your street will be in that price range and quality/size etc.

Like I said before, so far there are things about each area I like and I would not mind living in any one of them, quite frankly. Which I pick will have more to do with the home, its quality, value, pricing, and what my wife says. I do agree that some areas will probably do better than others in the long run, but that is not the foremost criteria for my decision. It is but one of many elements.

I don’t golf.

[raptorduck]

Thanks everyone for your comments. I will get a first hand look at the Crosby and the Bridges this weekend and will report back my take from that limited experience.

Alex, I know you get a lot of grief on this board over your edgy style and even I have seen the sharp edge of your sword before. But I for one appreicate your candor on this board and don’t mind you calling me clueless from time to time.

In terms of range of homes, I do agree that there is a broader range in Santaluz than other places I have seen. In FBR for example, you would be hard pressed to find a fixer upper under $2M (an can spend $20M+). In Cielo, it is mostly semi custom and custom homes of $2M+ as well (and can spend $10M+). But the tract home areas of Santaluz seem pretty nice from what I have seen so I don’t mind it. If you buy a $3-$5M home in Santaluz, chances are all the homes on your street will be in that price range and quality/size etc.

Like I said before, so far there are things about each area I like and I would not mind living in any one of them, quite frankly. Which I pick will have more to do with the home, its quality, value, pricing, and what my wife says. I do agree that some areas will probably do better than others in the long run, but that is not the foremost criteria for my decision. It is but one of many elements.

I don’t golf.

[raptorduck]

Thanks everyone for your comments. I will get a first hand look at the Crosby and the Bridges this weekend and will report back my take from that limited experience.

Alex, I know you get a lot of grief on this board over your edgy style and even I have seen the sharp edge of your sword before. But I for one appreicate your candor on this board and don’t mind you calling me clueless from time to time.

In terms of range of homes, I do agree that there is a broader range in Santaluz than other places I have seen. In FBR for example, you would be hard pressed to find a fixer upper under $2M (an can spend $20M+). In Cielo, it is mostly semi custom and custom homes of $2M+ as well (and can spend $10M+). But the tract home areas of Santaluz seem pretty nice from what I have seen so I don’t mind it. If you buy a $3-$5M home in Santaluz, chances are all the homes on your street will be in that price range and quality/size etc.

Like I said before, so far there are things about each area I like and I would not mind living in any one of them, quite frankly. Which I pick will have more to do with the home, its quality, value, pricing, and what my wife says. I do agree that some areas will probably do better than others in the long run, but that is not the foremost criteria for my decision. It is but one of many elements.

I don’t golf.

[EconProf]

BobS
C’mon Raptor, admit it. Some day you will be my neighbor in Santaluz. Sure, it seems overpriced. But a place perceived as “overpriced” generally stays that way, for whatever reason. As for Santaluz, I love the absense of huge eucalyptus trees everywhere, as in RSF & Fairbanks. Our distant views, the high altitude here, the tough CC&Rs are big pluses to me. To each his own.
When you visit, try to corral a resident at the pool or clubhouse and ask them about living at Santaluz. That is better market research than any realtor talk, or statistics available traditionally.
We live in a (relatively) small 2600 sf casita, bought for its simplicity and lack of stairs. Paid way too much per square foot, but the quality of the construction was great and we fell for the atmosphere of the place.
Then again, maybe I’m not so smart…bought in June of ’05, the absolute top of the market! Am now appealing my property tax assessment with the county as I believe I can document a 10% fall in value based on comps from January of ’07 (the relevant date for tax assessment purposes).
Wherever you buy, time is on your side. Prices will continue downward everywhere. Happy hunting…make only lowball offers.

[EconProf]

BobS
C’mon Raptor, admit it. Some day you will be my neighbor in Santaluz. Sure, it seems overpriced. But a place perceived as “overpriced” generally stays that way, for whatever reason. As for Santaluz, I love the absense of huge eucalyptus trees everywhere, as in RSF & Fairbanks. Our distant views, the high altitude here, the tough CC&Rs are big pluses to me. To each his own.
When you visit, try to corral a resident at the pool or clubhouse and ask them about living at Santaluz. That is better market research than any realtor talk, or statistics available traditionally.
We live in a (relatively) small 2600 sf casita, bought for its simplicity and lack of stairs. Paid way too much per square foot, but the quality of the construction was great and we fell for the atmosphere of the place.
Then again, maybe I’m not so smart…bought in June of ’05, the absolute top of the market! Am now appealing my property tax assessment with the county as I believe I can document a 10% fall in value based on comps from January of ’07 (the relevant date for tax assessment purposes).
Wherever you buy, time is on your side. Prices will continue downward everywhere. Happy hunting…make only lowball offers.

[EconProf]

BobS
C’mon Raptor, admit it. Some day you will be my neighbor in Santaluz. Sure, it seems overpriced. But a place perceived as “overpriced” generally stays that way, for whatever reason. As for Santaluz, I love the absense of huge eucalyptus trees everywhere, as in RSF & Fairbanks. Our distant views, the high altitude here, the tough CC&Rs are big pluses to me. To each his own.
When you visit, try to corral a resident at the pool or clubhouse and ask them about living at Santaluz. That is better market research than any realtor talk, or statistics available traditionally.
We live in a (relatively) small 2600 sf casita, bought for its simplicity and lack of stairs. Paid way too much per square foot, but the quality of the construction was great and we fell for the atmosphere of the place.
Then again, maybe I’m not so smart…bought in June of ’05, the absolute top of the market! Am now appealing my property tax assessment with the county as I believe I can document a 10% fall in value based on comps from January of ’07 (the relevant date for tax assessment purposes).
Wherever you buy, time is on your side. Prices will continue downward everywhere. Happy hunting…make only lowball offers.

[EconProf]

BobS
C’mon Raptor, admit it. Some day you will be my neighbor in Santaluz. Sure, it seems overpriced. But a place perceived as “overpriced” generally stays that way, for whatever reason. As for Santaluz, I love the absense of huge eucalyptus trees everywhere, as in RSF & Fairbanks. Our distant views, the high altitude here, the tough CC&Rs are big pluses to me. To each his own.
When you visit, try to corral a resident at the pool or clubhouse and ask them about living at Santaluz. That is better market research than any realtor talk, or statistics available traditionally.
We live in a (relatively) small 2600 sf casita, bought for its simplicity and lack of stairs. Paid way too much per square foot, but the quality of the construction was great and we fell for the atmosphere of the place.
Then again, maybe I’m not so smart…bought in June of ’05, the absolute top of the market! Am now appealing my property tax assessment with the county as I believe I can document a 10% fall in value based on comps from January of ’07 (the relevant date for tax assessment purposes).
Wherever you buy, time is on your side. Prices will continue downward everywhere. Happy hunting…make only lowball offers.

[Author]

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