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January 18, 2008 at 12:12 AM #138197January 18, 2008 at 4:02 AM #137909CoronitaParticipant
So both my wife and I visit PD regularly. There's at least 1 additional friend that is waiting for the last phase. I think what attracted us to DH and to my friend's family is basically it's one of the last developments in what arguably is a nice part of CV. With all due respect to people that live along 56, etc, those areas are sort of out there from what we normally like to be (beach, malls, close to work, etc).
I guess what makes me and some friends like plan 3 is the loft option in the attic and the attraction of a brand new home to "customize". And PD did a great job marketing that. The thing that I don't like about DH though is that
1) a lot of the lot sizes are really odd shaped.
2) No real 3 car garage. Tandem sucks.
3) For such an ubber size home on plan 3, it sort of stinks to have such a small 1-door entry.
4) The price (for us) is ridiculous.
Ok, admittently, it's mainly #4 that's the problem for us. My wife hates plan 3, prefers plan 2, can't stand plan 1. I don't like plan 2 and prefer 3, don't really think plan 1 would be much of an upgrade for us. On top of that, very few units are in compliance with our "fong shui" needs. Also, obviously for us to motivate moving at this point, would mean we would need to sell our existing home giving up a view that my wife likes that most likely we won't have if we moved to DH (most homes have backyard views of neighbors), and also sinking more money into a debt that won't be recovered for a long while. So obviously, unless there will be a firesale (which I highly doubt), it's simply not going to be on our radar.
Make no mistake, the existing prices for plan 3 are out of price range. though I suppose we could stretch to live there, it's simply beyond our level of comfort, especially in this economy. It's also pretty pointless for us to argue whether home prices are going to "hold value" in Pardee communities. If you agree that most likely you're not going to see appreciation in the next 5 years, and if you're like most people that are going to take a mortgage out, it's already a liability.
It will be interesting to see what kind of financing some buyers in such new communities did. I suspect there might be a few(not a lot) that are on sketchy loans.
If you're seriously considering plan3, why not consider something comparable like Lexington? At least you won't be paying an annoyingly higher HOA from the new communities.
—– Sour grapes for everyone!
January 18, 2008 at 4:02 AM #138114CoronitaParticipantSo both my wife and I visit PD regularly. There's at least 1 additional friend that is waiting for the last phase. I think what attracted us to DH and to my friend's family is basically it's one of the last developments in what arguably is a nice part of CV. With all due respect to people that live along 56, etc, those areas are sort of out there from what we normally like to be (beach, malls, close to work, etc).
I guess what makes me and some friends like plan 3 is the loft option in the attic and the attraction of a brand new home to "customize". And PD did a great job marketing that. The thing that I don't like about DH though is that
1) a lot of the lot sizes are really odd shaped.
2) No real 3 car garage. Tandem sucks.
3) For such an ubber size home on plan 3, it sort of stinks to have such a small 1-door entry.
4) The price (for us) is ridiculous.
Ok, admittently, it's mainly #4 that's the problem for us. My wife hates plan 3, prefers plan 2, can't stand plan 1. I don't like plan 2 and prefer 3, don't really think plan 1 would be much of an upgrade for us. On top of that, very few units are in compliance with our "fong shui" needs. Also, obviously for us to motivate moving at this point, would mean we would need to sell our existing home giving up a view that my wife likes that most likely we won't have if we moved to DH (most homes have backyard views of neighbors), and also sinking more money into a debt that won't be recovered for a long while. So obviously, unless there will be a firesale (which I highly doubt), it's simply not going to be on our radar.
Make no mistake, the existing prices for plan 3 are out of price range. though I suppose we could stretch to live there, it's simply beyond our level of comfort, especially in this economy. It's also pretty pointless for us to argue whether home prices are going to "hold value" in Pardee communities. If you agree that most likely you're not going to see appreciation in the next 5 years, and if you're like most people that are going to take a mortgage out, it's already a liability.
It will be interesting to see what kind of financing some buyers in such new communities did. I suspect there might be a few(not a lot) that are on sketchy loans.
If you're seriously considering plan3, why not consider something comparable like Lexington? At least you won't be paying an annoyingly higher HOA from the new communities.
—– Sour grapes for everyone!
January 18, 2008 at 4:02 AM #138142CoronitaParticipantSo both my wife and I visit PD regularly. There's at least 1 additional friend that is waiting for the last phase. I think what attracted us to DH and to my friend's family is basically it's one of the last developments in what arguably is a nice part of CV. With all due respect to people that live along 56, etc, those areas are sort of out there from what we normally like to be (beach, malls, close to work, etc).
I guess what makes me and some friends like plan 3 is the loft option in the attic and the attraction of a brand new home to "customize". And PD did a great job marketing that. The thing that I don't like about DH though is that
1) a lot of the lot sizes are really odd shaped.
2) No real 3 car garage. Tandem sucks.
3) For such an ubber size home on plan 3, it sort of stinks to have such a small 1-door entry.
4) The price (for us) is ridiculous.
Ok, admittently, it's mainly #4 that's the problem for us. My wife hates plan 3, prefers plan 2, can't stand plan 1. I don't like plan 2 and prefer 3, don't really think plan 1 would be much of an upgrade for us. On top of that, very few units are in compliance with our "fong shui" needs. Also, obviously for us to motivate moving at this point, would mean we would need to sell our existing home giving up a view that my wife likes that most likely we won't have if we moved to DH (most homes have backyard views of neighbors), and also sinking more money into a debt that won't be recovered for a long while. So obviously, unless there will be a firesale (which I highly doubt), it's simply not going to be on our radar.
Make no mistake, the existing prices for plan 3 are out of price range. though I suppose we could stretch to live there, it's simply beyond our level of comfort, especially in this economy. It's also pretty pointless for us to argue whether home prices are going to "hold value" in Pardee communities. If you agree that most likely you're not going to see appreciation in the next 5 years, and if you're like most people that are going to take a mortgage out, it's already a liability.
It will be interesting to see what kind of financing some buyers in such new communities did. I suspect there might be a few(not a lot) that are on sketchy loans.
If you're seriously considering plan3, why not consider something comparable like Lexington? At least you won't be paying an annoyingly higher HOA from the new communities.
—– Sour grapes for everyone!
January 18, 2008 at 4:02 AM #138168CoronitaParticipantSo both my wife and I visit PD regularly. There's at least 1 additional friend that is waiting for the last phase. I think what attracted us to DH and to my friend's family is basically it's one of the last developments in what arguably is a nice part of CV. With all due respect to people that live along 56, etc, those areas are sort of out there from what we normally like to be (beach, malls, close to work, etc).
I guess what makes me and some friends like plan 3 is the loft option in the attic and the attraction of a brand new home to "customize". And PD did a great job marketing that. The thing that I don't like about DH though is that
1) a lot of the lot sizes are really odd shaped.
2) No real 3 car garage. Tandem sucks.
3) For such an ubber size home on plan 3, it sort of stinks to have such a small 1-door entry.
4) The price (for us) is ridiculous.
Ok, admittently, it's mainly #4 that's the problem for us. My wife hates plan 3, prefers plan 2, can't stand plan 1. I don't like plan 2 and prefer 3, don't really think plan 1 would be much of an upgrade for us. On top of that, very few units are in compliance with our "fong shui" needs. Also, obviously for us to motivate moving at this point, would mean we would need to sell our existing home giving up a view that my wife likes that most likely we won't have if we moved to DH (most homes have backyard views of neighbors), and also sinking more money into a debt that won't be recovered for a long while. So obviously, unless there will be a firesale (which I highly doubt), it's simply not going to be on our radar.
Make no mistake, the existing prices for plan 3 are out of price range. though I suppose we could stretch to live there, it's simply beyond our level of comfort, especially in this economy. It's also pretty pointless for us to argue whether home prices are going to "hold value" in Pardee communities. If you agree that most likely you're not going to see appreciation in the next 5 years, and if you're like most people that are going to take a mortgage out, it's already a liability.
It will be interesting to see what kind of financing some buyers in such new communities did. I suspect there might be a few(not a lot) that are on sketchy loans.
If you're seriously considering plan3, why not consider something comparable like Lexington? At least you won't be paying an annoyingly higher HOA from the new communities.
—– Sour grapes for everyone!
January 18, 2008 at 4:02 AM #138212CoronitaParticipantSo both my wife and I visit PD regularly. There's at least 1 additional friend that is waiting for the last phase. I think what attracted us to DH and to my friend's family is basically it's one of the last developments in what arguably is a nice part of CV. With all due respect to people that live along 56, etc, those areas are sort of out there from what we normally like to be (beach, malls, close to work, etc).
I guess what makes me and some friends like plan 3 is the loft option in the attic and the attraction of a brand new home to "customize". And PD did a great job marketing that. The thing that I don't like about DH though is that
1) a lot of the lot sizes are really odd shaped.
2) No real 3 car garage. Tandem sucks.
3) For such an ubber size home on plan 3, it sort of stinks to have such a small 1-door entry.
4) The price (for us) is ridiculous.
Ok, admittently, it's mainly #4 that's the problem for us. My wife hates plan 3, prefers plan 2, can't stand plan 1. I don't like plan 2 and prefer 3, don't really think plan 1 would be much of an upgrade for us. On top of that, very few units are in compliance with our "fong shui" needs. Also, obviously for us to motivate moving at this point, would mean we would need to sell our existing home giving up a view that my wife likes that most likely we won't have if we moved to DH (most homes have backyard views of neighbors), and also sinking more money into a debt that won't be recovered for a long while. So obviously, unless there will be a firesale (which I highly doubt), it's simply not going to be on our radar.
Make no mistake, the existing prices for plan 3 are out of price range. though I suppose we could stretch to live there, it's simply beyond our level of comfort, especially in this economy. It's also pretty pointless for us to argue whether home prices are going to "hold value" in Pardee communities. If you agree that most likely you're not going to see appreciation in the next 5 years, and if you're like most people that are going to take a mortgage out, it's already a liability.
It will be interesting to see what kind of financing some buyers in such new communities did. I suspect there might be a few(not a lot) that are on sketchy loans.
If you're seriously considering plan3, why not consider something comparable like Lexington? At least you won't be paying an annoyingly higher HOA from the new communities.
—– Sour grapes for everyone!
January 18, 2008 at 7:29 AM #137928raptorduckParticipantI think late last year we saw a plan 3 in Derby Hills. Tell me if I am right. We were going to look at homes in an area called Meadows Del Mar (Grand Del Mar), which is off of Carmel Creek Road (or Carmel Country Road, I get them mixed up), just south of the 56 and then to the East up a long hill past the Grand Del Mar Resort.
We were early so decided to kill time and go all the way up the hill up Carmel Creek to look around. We went past Lexington homes and deep into the area and then took a right and drove some more and found a group of model homes. They were in this price range you mentioned. The one we liked the best was around 4,000sf + and was like 3 stories. While it felt small, and the lot tiny, I recall liking a few things about it. It had a courtyard in the middle of the house that was very nice and egress and ingress from the house was well thought out. It had seperate stairs, if I recall correctly, from the courtyard going to the second floor. It had a fully built out attic set up as a kids room. Is this the plan you folks are talking about? If so, I agree that it was a very well thought out plan and very nice use of space.
If the cost of a nice one is $1.8M, however, you can get a very nice 5,000sf or larger home on an acre for just a little more than that ($2M or just a bit more) in places like Fairbanks Highlands and Mendiola, which are essentially CV, or something in the mid 3,000sf range in RSF. That suggests that these DH homes, if that is what I saw, are still overpriced. If the home I saw was DH, I also noticed that you got no view and your house was on top of your neighbor’s more than those other parts of CV I mentioned.
January 18, 2008 at 7:29 AM #138134raptorduckParticipantI think late last year we saw a plan 3 in Derby Hills. Tell me if I am right. We were going to look at homes in an area called Meadows Del Mar (Grand Del Mar), which is off of Carmel Creek Road (or Carmel Country Road, I get them mixed up), just south of the 56 and then to the East up a long hill past the Grand Del Mar Resort.
We were early so decided to kill time and go all the way up the hill up Carmel Creek to look around. We went past Lexington homes and deep into the area and then took a right and drove some more and found a group of model homes. They were in this price range you mentioned. The one we liked the best was around 4,000sf + and was like 3 stories. While it felt small, and the lot tiny, I recall liking a few things about it. It had a courtyard in the middle of the house that was very nice and egress and ingress from the house was well thought out. It had seperate stairs, if I recall correctly, from the courtyard going to the second floor. It had a fully built out attic set up as a kids room. Is this the plan you folks are talking about? If so, I agree that it was a very well thought out plan and very nice use of space.
If the cost of a nice one is $1.8M, however, you can get a very nice 5,000sf or larger home on an acre for just a little more than that ($2M or just a bit more) in places like Fairbanks Highlands and Mendiola, which are essentially CV, or something in the mid 3,000sf range in RSF. That suggests that these DH homes, if that is what I saw, are still overpriced. If the home I saw was DH, I also noticed that you got no view and your house was on top of your neighbor’s more than those other parts of CV I mentioned.
January 18, 2008 at 7:29 AM #138161raptorduckParticipantI think late last year we saw a plan 3 in Derby Hills. Tell me if I am right. We were going to look at homes in an area called Meadows Del Mar (Grand Del Mar), which is off of Carmel Creek Road (or Carmel Country Road, I get them mixed up), just south of the 56 and then to the East up a long hill past the Grand Del Mar Resort.
We were early so decided to kill time and go all the way up the hill up Carmel Creek to look around. We went past Lexington homes and deep into the area and then took a right and drove some more and found a group of model homes. They were in this price range you mentioned. The one we liked the best was around 4,000sf + and was like 3 stories. While it felt small, and the lot tiny, I recall liking a few things about it. It had a courtyard in the middle of the house that was very nice and egress and ingress from the house was well thought out. It had seperate stairs, if I recall correctly, from the courtyard going to the second floor. It had a fully built out attic set up as a kids room. Is this the plan you folks are talking about? If so, I agree that it was a very well thought out plan and very nice use of space.
If the cost of a nice one is $1.8M, however, you can get a very nice 5,000sf or larger home on an acre for just a little more than that ($2M or just a bit more) in places like Fairbanks Highlands and Mendiola, which are essentially CV, or something in the mid 3,000sf range in RSF. That suggests that these DH homes, if that is what I saw, are still overpriced. If the home I saw was DH, I also noticed that you got no view and your house was on top of your neighbor’s more than those other parts of CV I mentioned.
January 18, 2008 at 7:29 AM #138188raptorduckParticipantI think late last year we saw a plan 3 in Derby Hills. Tell me if I am right. We were going to look at homes in an area called Meadows Del Mar (Grand Del Mar), which is off of Carmel Creek Road (or Carmel Country Road, I get them mixed up), just south of the 56 and then to the East up a long hill past the Grand Del Mar Resort.
We were early so decided to kill time and go all the way up the hill up Carmel Creek to look around. We went past Lexington homes and deep into the area and then took a right and drove some more and found a group of model homes. They were in this price range you mentioned. The one we liked the best was around 4,000sf + and was like 3 stories. While it felt small, and the lot tiny, I recall liking a few things about it. It had a courtyard in the middle of the house that was very nice and egress and ingress from the house was well thought out. It had seperate stairs, if I recall correctly, from the courtyard going to the second floor. It had a fully built out attic set up as a kids room. Is this the plan you folks are talking about? If so, I agree that it was a very well thought out plan and very nice use of space.
If the cost of a nice one is $1.8M, however, you can get a very nice 5,000sf or larger home on an acre for just a little more than that ($2M or just a bit more) in places like Fairbanks Highlands and Mendiola, which are essentially CV, or something in the mid 3,000sf range in RSF. That suggests that these DH homes, if that is what I saw, are still overpriced. If the home I saw was DH, I also noticed that you got no view and your house was on top of your neighbor’s more than those other parts of CV I mentioned.
January 18, 2008 at 7:29 AM #138232raptorduckParticipantI think late last year we saw a plan 3 in Derby Hills. Tell me if I am right. We were going to look at homes in an area called Meadows Del Mar (Grand Del Mar), which is off of Carmel Creek Road (or Carmel Country Road, I get them mixed up), just south of the 56 and then to the East up a long hill past the Grand Del Mar Resort.
We were early so decided to kill time and go all the way up the hill up Carmel Creek to look around. We went past Lexington homes and deep into the area and then took a right and drove some more and found a group of model homes. They were in this price range you mentioned. The one we liked the best was around 4,000sf + and was like 3 stories. While it felt small, and the lot tiny, I recall liking a few things about it. It had a courtyard in the middle of the house that was very nice and egress and ingress from the house was well thought out. It had seperate stairs, if I recall correctly, from the courtyard going to the second floor. It had a fully built out attic set up as a kids room. Is this the plan you folks are talking about? If so, I agree that it was a very well thought out plan and very nice use of space.
If the cost of a nice one is $1.8M, however, you can get a very nice 5,000sf or larger home on an acre for just a little more than that ($2M or just a bit more) in places like Fairbanks Highlands and Mendiola, which are essentially CV, or something in the mid 3,000sf range in RSF. That suggests that these DH homes, if that is what I saw, are still overpriced. If the home I saw was DH, I also noticed that you got no view and your house was on top of your neighbor’s more than those other parts of CV I mentioned.
January 18, 2008 at 9:41 PM #138507[email protected]ParticipantHas anyone heard what the pricing is for the latest Derby Hill release? A friend thought they might all be canyon lots and really high ($1.5M+ without any upgrades).
There are two resales still on the market in Derby Hill: a FSBO Plan 1B for $1.299M (purchase price $1.148) and a Plan 2A for $1.59-1.69 (purchase price $1.84).
From everything I’ve heard, there still seems to be high demand for all models in Derby Hill. Pardee’s prices don’t seem to be softening.
January 18, 2008 at 9:41 PM #138718[email protected]ParticipantHas anyone heard what the pricing is for the latest Derby Hill release? A friend thought they might all be canyon lots and really high ($1.5M+ without any upgrades).
There are two resales still on the market in Derby Hill: a FSBO Plan 1B for $1.299M (purchase price $1.148) and a Plan 2A for $1.59-1.69 (purchase price $1.84).
From everything I’ve heard, there still seems to be high demand for all models in Derby Hill. Pardee’s prices don’t seem to be softening.
January 18, 2008 at 9:41 PM #138740[email protected]ParticipantHas anyone heard what the pricing is for the latest Derby Hill release? A friend thought they might all be canyon lots and really high ($1.5M+ without any upgrades).
There are two resales still on the market in Derby Hill: a FSBO Plan 1B for $1.299M (purchase price $1.148) and a Plan 2A for $1.59-1.69 (purchase price $1.84).
From everything I’ve heard, there still seems to be high demand for all models in Derby Hill. Pardee’s prices don’t seem to be softening.
January 18, 2008 at 9:41 PM #138766[email protected]ParticipantHas anyone heard what the pricing is for the latest Derby Hill release? A friend thought they might all be canyon lots and really high ($1.5M+ without any upgrades).
There are two resales still on the market in Derby Hill: a FSBO Plan 1B for $1.299M (purchase price $1.148) and a Plan 2A for $1.59-1.69 (purchase price $1.84).
From everything I’ve heard, there still seems to be high demand for all models in Derby Hill. Pardee’s prices don’t seem to be softening.
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