Highlands Village in Carmel Valley: need advice!

[cabal]

Le Petit Ange – I was troubled reading your posts. More information is needed to properly advise on your situation.

First, what are your plans for your severely underwater 4s townhouse purchased in 2007? If you paid 450K, it’s probably worth 330K today. If you paid 350K, it’s worth 220K. Rents will scale accordingly. My guess is you’re looking at $300-$500 minimum negative cash flow before factoring in maintenance costs and vacancy rates. Hopefully you have a fixed rate loan since you can’t refi without plopping down significant cash. You can’t get a loan mod because you’re not distressed, and a short sale will hurt your credit eliminating the option to buy another house without a co-signor, at least for a few years. Basically, you are stuck with your townhouse and will have to carry this burden going forward.

Second, having kids starting in a few years will put a severe dent in your cashflow, and continue to do so until they are out of college. If you both continue to work, you will have to pay for childcare, or if you stay home, you lose your income. I don’t know how you can afford a 600K home assuming you put down most of your money in the townhouse. To save 120K liquid in 3 years is possible, if your combined income exceeds 130K while living an extremely frugal lifestyle. However, you should have 170K cash on hand, 120K for downpayment and 50K in reserves.

Based on the limited information provided, my recommendation is not to purchase another home unless you can dump your 4s townhouse relatively unscathed. If you are able to sell the townhouse, buy a SFH, not another townhouse. Condo/townhouse appreciation are parasitic in nature riding on the coattails of adjacent prime SFH property.

Regarding the double dip in prices, I don’t see it happening in good SD locations, especially at this price point and location. Don’t worry about rates either. They won’t be allowed to increase until consumer confidence is nearly reestablished in the housing market. When that happens, the rest of the sideline money will come out further fueling demand/greed and countering any effects from incremental rate increases. That’s why home prices can sometimes increase with increasing rates.

[Anonymous]

I have lived in Carmel Country Highlands (Lexington) for over 10 years. This is an amazing community. It is full of families who have chosen to make their kids education a top priority. This common attitude has helped to make Sage Canyon a premier school. Sage definitely does teach to the tests, but they go beyond that. My kids’ teachers have consistently shown their dedication to bring out the best in each and every child.

If you want to move into this neighborhood, I feel the Highland Village plan 4 townhouse is a steal. These townhomes are surrounded by only SNF homes (no other multi family complexes). The majority of these SFH sell for over $1M. This part of CV has only gone down about 15% since the height of the housing bubble and prices remain stable here.

There is currently a strong demand for the Plan 4 townhouse and this demand will continue for a long time. This is a very efficient plan with little wasted space. It is spacious, but it does not include a formal living and dining room, which many homebuyers do not want these days (we rarely use ours). These townhomes will continue to be the most affordable way to get into this community (and Sage). That should keep a high demand for the resale of the plan 4 model.

Pardee may have difficulty selling the two smaller models, since most people moving into this communtiy have children. Pardee may need to provide additional incentives such as option credits for some of the smaller units which line the main streets, but I doubt they will need to provide any incentives in order to sell the 2 larger plans.

Since your parents already live in this neighborhood you know how great it is. Definitely get on the priority list now and hopefully you will have the opportunity to buy a plan 4 if that is what you choose. I have a feeling the priority list may already be full of people waiting for the plan 4s to released. Good luck and the enrollment at Sage will probably be lower by the time your future kids are ready for school since most of my neighbors plan on sticking around here until their kids graduate from Torrey Pines or Canyon Crest, so most of the current kids enrolled at Sage will be moving on and many families already here are done having kids.

Also, it is walking distance to Sage from HV. The Vons down the road is only about a mile away which is walkable to most people.

[Anonymous]

I have lived in Carmel Country Highlands (Lexington) for over 10 years. This is an amazing community. It is full of families who have chosen to make their kids education a top priority. This common attitude has helped to make Sage Canyon a premier school. Sage definitely does teach to the tests, but they go beyond that. My kids’ teachers have consistently shown their dedication to bring out the best in each and every child.

If you want to move into this neighborhood, I feel the Highland Village plan 4 townhouse is a steal. These townhomes are surrounded by only SNF homes (no other multi family complexes). The majority of these SFH sell for over $1M. This part of CV has only gone down about 15% since the height of the housing bubble and prices remain stable here.

There is currently a strong demand for the Plan 4 townhouse and this demand will continue for a long time. This is a very efficient plan with little wasted space. It is spacious, but it does not include a formal living and dining room, which many homebuyers do not want these days (we rarely use ours). These townhomes will continue to be the most affordable way to get into this community (and Sage). That should keep a high demand for the resale of the plan 4 model.

Pardee may have difficulty selling the two smaller models, since most people moving into this communtiy have children. Pardee may need to provide additional incentives such as option credits for some of the smaller units which line the main streets, but I doubt they will need to provide any incentives in order to sell the 2 larger plans.

Since your parents already live in this neighborhood you know how great it is. Definitely get on the priority list now and hopefully you will have the opportunity to buy a plan 4 if that is what you choose. I have a feeling the priority list may already be full of people waiting for the plan 4s to released. Good luck and the enrollment at Sage will probably be lower by the time your future kids are ready for school since most of my neighbors plan on sticking around here until their kids graduate from Torrey Pines or Canyon Crest, so most of the current kids enrolled at Sage will be moving on and many families already here are done having kids.

Also, it is walking distance to Sage from HV. The Vons down the road is only about a mile away which is walkable to most people.

[Anonymous]

I have lived in Carmel Country Highlands (Lexington) for over 10 years. This is an amazing community. It is full of families who have chosen to make their kids education a top priority. This common attitude has helped to make Sage Canyon a premier school. Sage definitely does teach to the tests, but they go beyond that. My kids’ teachers have consistently shown their dedication to bring out the best in each and every child.

If you want to move into this neighborhood, I feel the Highland Village plan 4 townhouse is a steal. These townhomes are surrounded by only SNF homes (no other multi family complexes). The majority of these SFH sell for over $1M. This part of CV has only gone down about 15% since the height of the housing bubble and prices remain stable here.

There is currently a strong demand for the Plan 4 townhouse and this demand will continue for a long time. This is a very efficient plan with little wasted space. It is spacious, but it does not include a formal living and dining room, which many homebuyers do not want these days (we rarely use ours). These townhomes will continue to be the most affordable way to get into this community (and Sage). That should keep a high demand for the resale of the plan 4 model.

Pardee may have difficulty selling the two smaller models, since most people moving into this communtiy have children. Pardee may need to provide additional incentives such as option credits for some of the smaller units which line the main streets, but I doubt they will need to provide any incentives in order to sell the 2 larger plans.

Since your parents already live in this neighborhood you know how great it is. Definitely get on the priority list now and hopefully you will have the opportunity to buy a plan 4 if that is what you choose. I have a feeling the priority list may already be full of people waiting for the plan 4s to released. Good luck and the enrollment at Sage will probably be lower by the time your future kids are ready for school since most of my neighbors plan on sticking around here until their kids graduate from Torrey Pines or Canyon Crest, so most of the current kids enrolled at Sage will be moving on and many families already here are done having kids.

Also, it is walking distance to Sage from HV. The Vons down the road is only about a mile away which is walkable to most people.

[Anonymous]

I have lived in Carmel Country Highlands (Lexington) for over 10 years. This is an amazing community. It is full of families who have chosen to make their kids education a top priority. This common attitude has helped to make Sage Canyon a premier school. Sage definitely does teach to the tests, but they go beyond that. My kids’ teachers have consistently shown their dedication to bring out the best in each and every child.

If you want to move into this neighborhood, I feel the Highland Village plan 4 townhouse is a steal. These townhomes are surrounded by only SNF homes (no other multi family complexes). The majority of these SFH sell for over $1M. This part of CV has only gone down about 15% since the height of the housing bubble and prices remain stable here.

There is currently a strong demand for the Plan 4 townhouse and this demand will continue for a long time. This is a very efficient plan with little wasted space. It is spacious, but it does not include a formal living and dining room, which many homebuyers do not want these days (we rarely use ours). These townhomes will continue to be the most affordable way to get into this community (and Sage). That should keep a high demand for the resale of the plan 4 model.

Pardee may have difficulty selling the two smaller models, since most people moving into this communtiy have children. Pardee may need to provide additional incentives such as option credits for some of the smaller units which line the main streets, but I doubt they will need to provide any incentives in order to sell the 2 larger plans.

Since your parents already live in this neighborhood you know how great it is. Definitely get on the priority list now and hopefully you will have the opportunity to buy a plan 4 if that is what you choose. I have a feeling the priority list may already be full of people waiting for the plan 4s to released. Good luck and the enrollment at Sage will probably be lower by the time your future kids are ready for school since most of my neighbors plan on sticking around here until their kids graduate from Torrey Pines or Canyon Crest, so most of the current kids enrolled at Sage will be moving on and many families already here are done having kids.

Also, it is walking distance to Sage from HV. The Vons down the road is only about a mile away which is walkable to most people.

[Anonymous]

I have lived in Carmel Country Highlands (Lexington) for over 10 years. This is an amazing community. It is full of families who have chosen to make their kids education a top priority. This common attitude has helped to make Sage Canyon a premier school. Sage definitely does teach to the tests, but they go beyond that. My kids’ teachers have consistently shown their dedication to bring out the best in each and every child.

If you want to move into this neighborhood, I feel the Highland Village plan 4 townhouse is a steal. These townhomes are surrounded by only SNF homes (no other multi family complexes). The majority of these SFH sell for over $1M. This part of CV has only gone down about 15% since the height of the housing bubble and prices remain stable here.

There is currently a strong demand for the Plan 4 townhouse and this demand will continue for a long time. This is a very efficient plan with little wasted space. It is spacious, but it does not include a formal living and dining room, which many homebuyers do not want these days (we rarely use ours). These townhomes will continue to be the most affordable way to get into this community (and Sage). That should keep a high demand for the resale of the plan 4 model.

Pardee may have difficulty selling the two smaller models, since most people moving into this communtiy have children. Pardee may need to provide additional incentives such as option credits for some of the smaller units which line the main streets, but I doubt they will need to provide any incentives in order to sell the 2 larger plans.

Since your parents already live in this neighborhood you know how great it is. Definitely get on the priority list now and hopefully you will have the opportunity to buy a plan 4 if that is what you choose. I have a feeling the priority list may already be full of people waiting for the plan 4s to released. Good luck and the enrollment at Sage will probably be lower by the time your future kids are ready for school since most of my neighbors plan on sticking around here until their kids graduate from Torrey Pines or Canyon Crest, so most of the current kids enrolled at Sage will be moving on and many families already here are done having kids.

Also, it is walking distance to Sage from HV. The Vons down the road is only about a mile away which is walkable to most people.

[Alex_angel]

[quote=tmb]I have lived in Carmel Country Highlands (Lexington) for over 10 years. This is an amazing community. It is full of families who have chosen to make their kids education a top priority. This common attitude has helped to make Sage Canyon a premier school. Sage definitely does teach to the tests, but they go beyond that. My kids’ teachers have consistently shown their dedication to bring out the best in each and every child.

If you want to move into this neighborhood, I feel the Highland Village plan 4 townhouse is a steal. These townhomes are surrounded by only SNF homes (no other multi family complexes). The majority of these SFH sell for over $1M. This part of CV has only gone down about 15% since the height of the housing bubble and prices remain stable here.

There is currently a strong demand for the Plan 4 townhouse and this demand will continue for a long time. This is a very efficient plan with little wasted space. It is spacious, but it does not include a formal living and dining room, which many homebuyers do not want these days (we rarely use ours). These townhomes will continue to be the most affordable way to get into this community (and Sage). That should keep a high demand for the resale of the plan 4 model.

Pardee may have difficulty selling the two smaller models, since most people moving into this communtiy have children. Pardee may need to provide additional incentives such as option credits for some of the smaller units which line the main streets, but I doubt they will need to provide any incentives in order to sell the 2 larger plans.

Since your parents already live in this neighborhood you know how great it is. Definitely get on the priority list now and hopefully you will have the opportunity to buy a plan 4 if that is what you choose. I have a feeling the priority list may already be full of people waiting for the plan 4s to released. Good luck and the enrollment at Sage will probably be lower by the time your future kids are ready for school since most of my neighbors plan on sticking around here until their kids graduate from Torrey Pines or Canyon Crest, so most of the current kids enrolled at Sage will be moving on and many families already here are done having kids.

Also, it is walking distance to Sage from HV. The Vons down the road is only about a mile away which is walkable to most people.[/quote]

What’s it like working for Pardee these days?

[Alex_angel]

[quote=tmb]I have lived in Carmel Country Highlands (Lexington) for over 10 years. This is an amazing community. It is full of families who have chosen to make their kids education a top priority. This common attitude has helped to make Sage Canyon a premier school. Sage definitely does teach to the tests, but they go beyond that. My kids’ teachers have consistently shown their dedication to bring out the best in each and every child.

If you want to move into this neighborhood, I feel the Highland Village plan 4 townhouse is a steal. These townhomes are surrounded by only SNF homes (no other multi family complexes). The majority of these SFH sell for over $1M. This part of CV has only gone down about 15% since the height of the housing bubble and prices remain stable here.

There is currently a strong demand for the Plan 4 townhouse and this demand will continue for a long time. This is a very efficient plan with little wasted space. It is spacious, but it does not include a formal living and dining room, which many homebuyers do not want these days (we rarely use ours). These townhomes will continue to be the most affordable way to get into this community (and Sage). That should keep a high demand for the resale of the plan 4 model.

Pardee may have difficulty selling the two smaller models, since most people moving into this communtiy have children. Pardee may need to provide additional incentives such as option credits for some of the smaller units which line the main streets, but I doubt they will need to provide any incentives in order to sell the 2 larger plans.

Since your parents already live in this neighborhood you know how great it is. Definitely get on the priority list now and hopefully you will have the opportunity to buy a plan 4 if that is what you choose. I have a feeling the priority list may already be full of people waiting for the plan 4s to released. Good luck and the enrollment at Sage will probably be lower by the time your future kids are ready for school since most of my neighbors plan on sticking around here until their kids graduate from Torrey Pines or Canyon Crest, so most of the current kids enrolled at Sage will be moving on and many families already here are done having kids.

Also, it is walking distance to Sage from HV. The Vons down the road is only about a mile away which is walkable to most people.[/quote]

What’s it like working for Pardee these days?

[Alex_angel]

[quote=tmb]I have lived in Carmel Country Highlands (Lexington) for over 10 years. This is an amazing community. It is full of families who have chosen to make their kids education a top priority. This common attitude has helped to make Sage Canyon a premier school. Sage definitely does teach to the tests, but they go beyond that. My kids’ teachers have consistently shown their dedication to bring out the best in each and every child.

If you want to move into this neighborhood, I feel the Highland Village plan 4 townhouse is a steal. These townhomes are surrounded by only SNF homes (no other multi family complexes). The majority of these SFH sell for over $1M. This part of CV has only gone down about 15% since the height of the housing bubble and prices remain stable here.

There is currently a strong demand for the Plan 4 townhouse and this demand will continue for a long time. This is a very efficient plan with little wasted space. It is spacious, but it does not include a formal living and dining room, which many homebuyers do not want these days (we rarely use ours). These townhomes will continue to be the most affordable way to get into this community (and Sage). That should keep a high demand for the resale of the plan 4 model.

Pardee may have difficulty selling the two smaller models, since most people moving into this communtiy have children. Pardee may need to provide additional incentives such as option credits for some of the smaller units which line the main streets, but I doubt they will need to provide any incentives in order to sell the 2 larger plans.

Since your parents already live in this neighborhood you know how great it is. Definitely get on the priority list now and hopefully you will have the opportunity to buy a plan 4 if that is what you choose. I have a feeling the priority list may already be full of people waiting for the plan 4s to released. Good luck and the enrollment at Sage will probably be lower by the time your future kids are ready for school since most of my neighbors plan on sticking around here until their kids graduate from Torrey Pines or Canyon Crest, so most of the current kids enrolled at Sage will be moving on and many families already here are done having kids.

Also, it is walking distance to Sage from HV. The Vons down the road is only about a mile away which is walkable to most people.[/quote]

What’s it like working for Pardee these days?

[Alex_angel]

[quote=tmb]I have lived in Carmel Country Highlands (Lexington) for over 10 years. This is an amazing community. It is full of families who have chosen to make their kids education a top priority. This common attitude has helped to make Sage Canyon a premier school. Sage definitely does teach to the tests, but they go beyond that. My kids’ teachers have consistently shown their dedication to bring out the best in each and every child.

If you want to move into this neighborhood, I feel the Highland Village plan 4 townhouse is a steal. These townhomes are surrounded by only SNF homes (no other multi family complexes). The majority of these SFH sell for over $1M. This part of CV has only gone down about 15% since the height of the housing bubble and prices remain stable here.

There is currently a strong demand for the Plan 4 townhouse and this demand will continue for a long time. This is a very efficient plan with little wasted space. It is spacious, but it does not include a formal living and dining room, which many homebuyers do not want these days (we rarely use ours). These townhomes will continue to be the most affordable way to get into this community (and Sage). That should keep a high demand for the resale of the plan 4 model.

Pardee may have difficulty selling the two smaller models, since most people moving into this communtiy have children. Pardee may need to provide additional incentives such as option credits for some of the smaller units which line the main streets, but I doubt they will need to provide any incentives in order to sell the 2 larger plans.

Since your parents already live in this neighborhood you know how great it is. Definitely get on the priority list now and hopefully you will have the opportunity to buy a plan 4 if that is what you choose. I have a feeling the priority list may already be full of people waiting for the plan 4s to released. Good luck and the enrollment at Sage will probably be lower by the time your future kids are ready for school since most of my neighbors plan on sticking around here until their kids graduate from Torrey Pines or Canyon Crest, so most of the current kids enrolled at Sage will be moving on and many families already here are done having kids.

Also, it is walking distance to Sage from HV. The Vons down the road is only about a mile away which is walkable to most people.[/quote]

What’s it like working for Pardee these days?

[Alex_angel]

[quote=tmb]I have lived in Carmel Country Highlands (Lexington) for over 10 years. This is an amazing community. It is full of families who have chosen to make their kids education a top priority. This common attitude has helped to make Sage Canyon a premier school. Sage definitely does teach to the tests, but they go beyond that. My kids’ teachers have consistently shown their dedication to bring out the best in each and every child.

If you want to move into this neighborhood, I feel the Highland Village plan 4 townhouse is a steal. These townhomes are surrounded by only SNF homes (no other multi family complexes). The majority of these SFH sell for over $1M. This part of CV has only gone down about 15% since the height of the housing bubble and prices remain stable here.

There is currently a strong demand for the Plan 4 townhouse and this demand will continue for a long time. This is a very efficient plan with little wasted space. It is spacious, but it does not include a formal living and dining room, which many homebuyers do not want these days (we rarely use ours). These townhomes will continue to be the most affordable way to get into this community (and Sage). That should keep a high demand for the resale of the plan 4 model.

Pardee may have difficulty selling the two smaller models, since most people moving into this communtiy have children. Pardee may need to provide additional incentives such as option credits for some of the smaller units which line the main streets, but I doubt they will need to provide any incentives in order to sell the 2 larger plans.

Since your parents already live in this neighborhood you know how great it is. Definitely get on the priority list now and hopefully you will have the opportunity to buy a plan 4 if that is what you choose. I have a feeling the priority list may already be full of people waiting for the plan 4s to released. Good luck and the enrollment at Sage will probably be lower by the time your future kids are ready for school since most of my neighbors plan on sticking around here until their kids graduate from Torrey Pines or Canyon Crest, so most of the current kids enrolled at Sage will be moving on and many families already here are done having kids.

Also, it is walking distance to Sage from HV. The Vons down the road is only about a mile away which is walkable to most people.[/quote]

What’s it like working for Pardee these days?

[Anonymous]

[quote=lepetitangel]Hi All,
Really appreciate your opinions. I’d like to say I probably misread that San Dieguito School District is not so good as I googled it and Torrey Pines High School falls wihtin this distruct. So I’m sure it’s got good schools.
I again like CV area cuz of convenience. Husband and I are not the typical young couples who have to go out clubbing/drinking and me having lived in CV in my parents house for a few years before we got married made me realize it’s close to where we like to go. We like to occasionally go to Downtown La Jolla or Solana Beach/Del Mar for nice dinner out, and to parks or hiking trails near-by. It’s an easy commute for me (biotech job) as most jobs are either in Carlsbad or in La Jolla/UTC area. I agree with SDrealtor that as long as there’re engineering and biotech jobs in Golden Triangle, CV price will hold up. But again in a catastrophic event, all housing price will tank again in SD County. The question is just when that will come and how soon it’ll happen. We plan to call San diego home and that’s why I thought even if housing market doesn’t go up in 10 years, I’ll just stay in the townhome for 15~20-years. I know that having kids is different and it seems like you do need a yard when you have kids. But we can only do our best. In CV, there’s no way to buy a detached SFHs for $600K. All the ones I’ve looked at are at least $650K or more. Carriage run starts at $700K as well.
If market double-dips (which it should) by the end of this year, do you think Pardee will adjust its pricing for highlands village? Flu said Pardee is very good at controlling the price. Does that mean even if I wait for another 6-month, I still won’t be able to get these new townhomes for good deals?

Lastly, we’re considering plan 4 which is 2050-sqft (4-bedroom/2.5-bath) that’s about $590K~$610K. I think it’s not bad for the squarefootage ($292/sqft) cuz most CV homes are at least $350~$450/sqft. The HOA is about $290 (mid~high in CV/Del Mar area) but it does cover many things. We have a couple friend that just moved into the complex and hubby checked out their amenities. They got a good size pool, jacuzzi, BBQ area, media center, pool table, ping-pong, a full workout gym, etc. It’s better than what we’re paying right now in 4S Ranch.

Also can any of you comment on what you think of us buying a SFH in 4S Ranch instead? A lot of SFHs (not necessary have a drive-way) in 4S area are not going for $480K~$520K for squarefootage of 1800~2000-sqft. I def. get more bang for my buck. But what do you think of 4S area in general? Do you think the SFHs in 4S will have a better potential to appreciate than a townhome in CV? 4S prices have dropped way more than CV in the past two years…is it a good time to buy?[/quote]

Hi,

Hi,

We are also considering buying the highland village townhome in CV.

I would like to know how much did your friend purchase it for?

Are thier prices negotiable or not?If yes, by how much?
I am interested in thier plan 3, plan 2, plan4
Townhomes.

Are they giving any upgrades for free?

Please let me know.

Thanks,

[Anonymous]

[quote=lepetitangel]Hi All,
Really appreciate your opinions. I’d like to say I probably misread that San Dieguito School District is not so good as I googled it and Torrey Pines High School falls wihtin this distruct. So I’m sure it’s got good schools.
I again like CV area cuz of convenience. Husband and I are not the typical young couples who have to go out clubbing/drinking and me having lived in CV in my parents house for a few years before we got married made me realize it’s close to where we like to go. We like to occasionally go to Downtown La Jolla or Solana Beach/Del Mar for nice dinner out, and to parks or hiking trails near-by. It’s an easy commute for me (biotech job) as most jobs are either in Carlsbad or in La Jolla/UTC area. I agree with SDrealtor that as long as there’re engineering and biotech jobs in Golden Triangle, CV price will hold up. But again in a catastrophic event, all housing price will tank again in SD County. The question is just when that will come and how soon it’ll happen. We plan to call San diego home and that’s why I thought even if housing market doesn’t go up in 10 years, I’ll just stay in the townhome for 15~20-years. I know that having kids is different and it seems like you do need a yard when you have kids. But we can only do our best. In CV, there’s no way to buy a detached SFHs for $600K. All the ones I’ve looked at are at least $650K or more. Carriage run starts at $700K as well.
If market double-dips (which it should) by the end of this year, do you think Pardee will adjust its pricing for highlands village? Flu said Pardee is very good at controlling the price. Does that mean even if I wait for another 6-month, I still won’t be able to get these new townhomes for good deals?

Lastly, we’re considering plan 4 which is 2050-sqft (4-bedroom/2.5-bath) that’s about $590K~$610K. I think it’s not bad for the squarefootage ($292/sqft) cuz most CV homes are at least $350~$450/sqft. The HOA is about $290 (mid~high in CV/Del Mar area) but it does cover many things. We have a couple friend that just moved into the complex and hubby checked out their amenities. They got a good size pool, jacuzzi, BBQ area, media center, pool table, ping-pong, a full workout gym, etc. It’s better than what we’re paying right now in 4S Ranch.

Also can any of you comment on what you think of us buying a SFH in 4S Ranch instead? A lot of SFHs (not necessary have a drive-way) in 4S area are not going for $480K~$520K for squarefootage of 1800~2000-sqft. I def. get more bang for my buck. But what do you think of 4S area in general? Do you think the SFHs in 4S will have a better potential to appreciate than a townhome in CV? 4S prices have dropped way more than CV in the past two years…is it a good time to buy?[/quote]

Hi,

Hi,

We are also considering buying the highland village townhome in CV.

I would like to know how much did your friend purchase it for?

Are thier prices negotiable or not?If yes, by how much?
I am interested in thier plan 3, plan 2, plan4
Townhomes.

Are they giving any upgrades for free?

Please let me know.

Thanks,

[Anonymous]

[quote=lepetitangel]Hi All,
Really appreciate your opinions. I’d like to say I probably misread that San Dieguito School District is not so good as I googled it and Torrey Pines High School falls wihtin this distruct. So I’m sure it’s got good schools.
I again like CV area cuz of convenience. Husband and I are not the typical young couples who have to go out clubbing/drinking and me having lived in CV in my parents house for a few years before we got married made me realize it’s close to where we like to go. We like to occasionally go to Downtown La Jolla or Solana Beach/Del Mar for nice dinner out, and to parks or hiking trails near-by. It’s an easy commute for me (biotech job) as most jobs are either in Carlsbad or in La Jolla/UTC area. I agree with SDrealtor that as long as there’re engineering and biotech jobs in Golden Triangle, CV price will hold up. But again in a catastrophic event, all housing price will tank again in SD County. The question is just when that will come and how soon it’ll happen. We plan to call San diego home and that’s why I thought even if housing market doesn’t go up in 10 years, I’ll just stay in the townhome for 15~20-years. I know that having kids is different and it seems like you do need a yard when you have kids. But we can only do our best. In CV, there’s no way to buy a detached SFHs for $600K. All the ones I’ve looked at are at least $650K or more. Carriage run starts at $700K as well.
If market double-dips (which it should) by the end of this year, do you think Pardee will adjust its pricing for highlands village? Flu said Pardee is very good at controlling the price. Does that mean even if I wait for another 6-month, I still won’t be able to get these new townhomes for good deals?

Lastly, we’re considering plan 4 which is 2050-sqft (4-bedroom/2.5-bath) that’s about $590K~$610K. I think it’s not bad for the squarefootage ($292/sqft) cuz most CV homes are at least $350~$450/sqft. The HOA is about $290 (mid~high in CV/Del Mar area) but it does cover many things. We have a couple friend that just moved into the complex and hubby checked out their amenities. They got a good size pool, jacuzzi, BBQ area, media center, pool table, ping-pong, a full workout gym, etc. It’s better than what we’re paying right now in 4S Ranch.

Also can any of you comment on what you think of us buying a SFH in 4S Ranch instead? A lot of SFHs (not necessary have a drive-way) in 4S area are not going for $480K~$520K for squarefootage of 1800~2000-sqft. I def. get more bang for my buck. But what do you think of 4S area in general? Do you think the SFHs in 4S will have a better potential to appreciate than a townhome in CV? 4S prices have dropped way more than CV in the past two years…is it a good time to buy?[/quote]

Hi,

Hi,

We are also considering buying the highland village townhome in CV.

I would like to know how much did your friend purchase it for?

Are thier prices negotiable or not?If yes, by how much?
I am interested in thier plan 3, plan 2, plan4
Townhomes.

Are they giving any upgrades for free?

Please let me know.

Thanks,

[Anonymous]

[quote=lepetitangel]Hi All,
Really appreciate your opinions. I’d like to say I probably misread that San Dieguito School District is not so good as I googled it and Torrey Pines High School falls wihtin this distruct. So I’m sure it’s got good schools.
I again like CV area cuz of convenience. Husband and I are not the typical young couples who have to go out clubbing/drinking and me having lived in CV in my parents house for a few years before we got married made me realize it’s close to where we like to go. We like to occasionally go to Downtown La Jolla or Solana Beach/Del Mar for nice dinner out, and to parks or hiking trails near-by. It’s an easy commute for me (biotech job) as most jobs are either in Carlsbad or in La Jolla/UTC area. I agree with SDrealtor that as long as there’re engineering and biotech jobs in Golden Triangle, CV price will hold up. But again in a catastrophic event, all housing price will tank again in SD County. The question is just when that will come and how soon it’ll happen. We plan to call San diego home and that’s why I thought even if housing market doesn’t go up in 10 years, I’ll just stay in the townhome for 15~20-years. I know that having kids is different and it seems like you do need a yard when you have kids. But we can only do our best. In CV, there’s no way to buy a detached SFHs for $600K. All the ones I’ve looked at are at least $650K or more. Carriage run starts at $700K as well.
If market double-dips (which it should) by the end of this year, do you think Pardee will adjust its pricing for highlands village? Flu said Pardee is very good at controlling the price. Does that mean even if I wait for another 6-month, I still won’t be able to get these new townhomes for good deals?

Lastly, we’re considering plan 4 which is 2050-sqft (4-bedroom/2.5-bath) that’s about $590K~$610K. I think it’s not bad for the squarefootage ($292/sqft) cuz most CV homes are at least $350~$450/sqft. The HOA is about $290 (mid~high in CV/Del Mar area) but it does cover many things. We have a couple friend that just moved into the complex and hubby checked out their amenities. They got a good size pool, jacuzzi, BBQ area, media center, pool table, ping-pong, a full workout gym, etc. It’s better than what we’re paying right now in 4S Ranch.

Also can any of you comment on what you think of us buying a SFH in 4S Ranch instead? A lot of SFHs (not necessary have a drive-way) in 4S area are not going for $480K~$520K for squarefootage of 1800~2000-sqft. I def. get more bang for my buck. But what do you think of 4S area in general? Do you think the SFHs in 4S will have a better potential to appreciate than a townhome in CV? 4S prices have dropped way more than CV in the past two years…is it a good time to buy?[/quote]

Hi,

Hi,

We are also considering buying the highland village townhome in CV.

I would like to know how much did your friend purchase it for?

Are thier prices negotiable or not?If yes, by how much?
I am interested in thier plan 3, plan 2, plan4
Townhomes.

Are they giving any upgrades for free?

Please let me know.

Thanks,

[Author]

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