Lucera Condo – $199k

[jpinpb]

I agree w/nostradamus. It seems like a deal now, b/c prices were so high. But who’s to say how low the prices will go by year-end. We never thought the prices would go so ridiculously high. I was stunned and astonished by how overpriced the market got and went for as long as it did. Viagra couldn’t do a better job for getting it up. I agree w/ the other post. I won’t be surprised if those 1 bedrooms go down to 150k

[sdnerd]

I posted a while back that I anticipate these falling to ~$180k, potentially $150k if there is an overcorrection.

All the other 1 bedrooms are listed around $220-230k right now last I looked; this one just had a big price drop.

I purchased a 1 bedroom a little over 4 years ago and have been living here as my primary residence. I wouldn’t call it resort living by any means, but you don’t live here for that IMHO. It’s all about easy access to the freeway & surrounding office complexes – at least that was my big attraction. The new park right across the street is also quite nice. Should be pretty easy to rent out in a year or two.

The garages are quite large; I suppose if you wanted to store valuables in them that would not be a good idea. But if you just want an indoor spot for your car and some locking cabinets they are great. There have been some plumbing issues, but hopefully they are all sorted now.

By in large though, compared to many of the complexes in the UTC area I liked this one the most.

Breaking the $200k barrier though is big in my mind, will be curious to see how the other sellers react – and how quickly this one sells (and at what price).

[sdnerd]

I posted a while back that I anticipate these falling to ~$180k, potentially $150k if there is an overcorrection.

All the other 1 bedrooms are listed around $220-230k right now last I looked; this one just had a big price drop.

I purchased a 1 bedroom a little over 4 years ago and have been living here as my primary residence. I wouldn’t call it resort living by any means, but you don’t live here for that IMHO. It’s all about easy access to the freeway & surrounding office complexes – at least that was my big attraction. The new park right across the street is also quite nice. Should be pretty easy to rent out in a year or two.

The garages are quite large; I suppose if you wanted to store valuables in them that would not be a good idea. But if you just want an indoor spot for your car and some locking cabinets they are great. There have been some plumbing issues, but hopefully they are all sorted now.

By in large though, compared to many of the complexes in the UTC area I liked this one the most.

Breaking the $200k barrier though is big in my mind, will be curious to see how the other sellers react – and how quickly this one sells (and at what price).

[sdnerd]

I posted a while back that I anticipate these falling to ~$180k, potentially $150k if there is an overcorrection.

All the other 1 bedrooms are listed around $220-230k right now last I looked; this one just had a big price drop.

I purchased a 1 bedroom a little over 4 years ago and have been living here as my primary residence. I wouldn’t call it resort living by any means, but you don’t live here for that IMHO. It’s all about easy access to the freeway & surrounding office complexes – at least that was my big attraction. The new park right across the street is also quite nice. Should be pretty easy to rent out in a year or two.

The garages are quite large; I suppose if you wanted to store valuables in them that would not be a good idea. But if you just want an indoor spot for your car and some locking cabinets they are great. There have been some plumbing issues, but hopefully they are all sorted now.

By in large though, compared to many of the complexes in the UTC area I liked this one the most.

Breaking the $200k barrier though is big in my mind, will be curious to see how the other sellers react – and how quickly this one sells (and at what price).

[sdnerd]

I posted a while back that I anticipate these falling to ~$180k, potentially $150k if there is an overcorrection.

All the other 1 bedrooms are listed around $220-230k right now last I looked; this one just had a big price drop.

I purchased a 1 bedroom a little over 4 years ago and have been living here as my primary residence. I wouldn’t call it resort living by any means, but you don’t live here for that IMHO. It’s all about easy access to the freeway & surrounding office complexes – at least that was my big attraction. The new park right across the street is also quite nice. Should be pretty easy to rent out in a year or two.

The garages are quite large; I suppose if you wanted to store valuables in them that would not be a good idea. But if you just want an indoor spot for your car and some locking cabinets they are great. There have been some plumbing issues, but hopefully they are all sorted now.

By in large though, compared to many of the complexes in the UTC area I liked this one the most.

Breaking the $200k barrier though is big in my mind, will be curious to see how the other sellers react – and how quickly this one sells (and at what price).

[sdnerd]

I posted a while back that I anticipate these falling to ~$180k, potentially $150k if there is an overcorrection.

All the other 1 bedrooms are listed around $220-230k right now last I looked; this one just had a big price drop.

I purchased a 1 bedroom a little over 4 years ago and have been living here as my primary residence. I wouldn’t call it resort living by any means, but you don’t live here for that IMHO. It’s all about easy access to the freeway & surrounding office complexes – at least that was my big attraction. The new park right across the street is also quite nice. Should be pretty easy to rent out in a year or two.

The garages are quite large; I suppose if you wanted to store valuables in them that would not be a good idea. But if you just want an indoor spot for your car and some locking cabinets they are great. There have been some plumbing issues, but hopefully they are all sorted now.

By in large though, compared to many of the complexes in the UTC area I liked this one the most.

Breaking the $200k barrier though is big in my mind, will be curious to see how the other sellers react – and how quickly this one sells (and at what price).

[nostradamus]

You’re right sdnerd breaking the $200k is a definite milestone, please do keep us posted. I just might pick up a rental if it drops enough!

[nostradamus]

You’re right sdnerd breaking the $200k is a definite milestone, please do keep us posted. I just might pick up a rental if it drops enough!

[nostradamus]

You’re right sdnerd breaking the $200k is a definite milestone, please do keep us posted. I just might pick up a rental if it drops enough!

[nostradamus]

You’re right sdnerd breaking the $200k is a definite milestone, please do keep us posted. I just might pick up a rental if it drops enough!

[nostradamus]

You’re right sdnerd breaking the $200k is a definite milestone, please do keep us posted. I just might pick up a rental if it drops enough!

[equalizer]

Robert Griswald (Property manager – used to have a radio program on sat kogo) said to never buy a 1 bedroom unit if have a choice. My observation from living in UTC area for a dozen years confirms that advice. I lived in Lucera back in late 90’s in a 2bedroom top unit. Pretty nice place, but the living room is so tiny because the fireplace took up so much space. The bedrooms are nice sized. The 1 car garage is terrible. Odd thing is that there seemed to be room to build more garages, but that would never happen now.

For those looking for 2 car garage, look at Las Palmas complex across from the Vons.

[equalizer]

Robert Griswald (Property manager – used to have a radio program on sat kogo) said to never buy a 1 bedroom unit if have a choice. My observation from living in UTC area for a dozen years confirms that advice. I lived in Lucera back in late 90’s in a 2bedroom top unit. Pretty nice place, but the living room is so tiny because the fireplace took up so much space. The bedrooms are nice sized. The 1 car garage is terrible. Odd thing is that there seemed to be room to build more garages, but that would never happen now.

For those looking for 2 car garage, look at Las Palmas complex across from the Vons.

[equalizer]

Robert Griswald (Property manager – used to have a radio program on sat kogo) said to never buy a 1 bedroom unit if have a choice. My observation from living in UTC area for a dozen years confirms that advice. I lived in Lucera back in late 90’s in a 2bedroom top unit. Pretty nice place, but the living room is so tiny because the fireplace took up so much space. The bedrooms are nice sized. The 1 car garage is terrible. Odd thing is that there seemed to be room to build more garages, but that would never happen now.

For those looking for 2 car garage, look at Las Palmas complex across from the Vons.

[equalizer]

Robert Griswald (Property manager – used to have a radio program on sat kogo) said to never buy a 1 bedroom unit if have a choice. My observation from living in UTC area for a dozen years confirms that advice. I lived in Lucera back in late 90’s in a 2bedroom top unit. Pretty nice place, but the living room is so tiny because the fireplace took up so much space. The bedrooms are nice sized. The 1 car garage is terrible. Odd thing is that there seemed to be room to build more garages, but that would never happen now.

For those looking for 2 car garage, look at Las Palmas complex across from the Vons.

[Author]

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