Cypress Greens at Carmel Mountain Ranch

[pnilesh]

Cypess Greens ( new homes by Shea Homes) at Carmel Mountain Ranch released pricing of their new homes today. Here is a snapshot:

Residence 1 (3 homes) $386,900, $385,900 and $388,900
—————–
1,082 sq. ft.
2 Bedrooms/2 Baths,
1 car garage

Residence 2 (2 homes) $454,900, and $446,900
——————–
1,210 sq. ft.
2 Bedrooms/2 ½ Baths,
2 car garage

Residence 3 (3 homes ) $499,900, $487,900 and $482,900
———————-
1,414 sq. ft.
3 Bedrooms/2½ Baths
2 car garage

Do you think these are overpriced homes?

Thanks,

[SD Realtor]

I think that you need to look at the entire package. This would include HOA (if any) as well as MR. Also how tight are the homes together, how large are the lots, how big are the backyards…. etc…

SD Realtor

[an]

Are these condo/townhouse or single family homes? If it’s just small SFR with a lot, then I think the price is pretty decent. However, if it’s just small condo/townhouse, then yes, I’d say that it’s quite overpriced. Considering Airoso in Carmel Valley was selling around mid $450k before they sold out for their 2-3 bed/2 bath 1400ish sq-ft. That’s my 2 cents.

[surveyor]

cmr

The website says they are tri-plex condominiums, so they look to be expensive. I believe the project is being built on the former golf driving range for the CMR Golf Course.

So they look like they’re fairly overpriced.

[Author]

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