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August 11, 2009 at 6:31 PM #444527August 12, 2009 at 10:36 AM #443716ScarlettParticipant
I think owning a SFR is better from many points of view (think enjoyment and investment) than a townhome – provided both are in good neighborhoods. But that said, you have to take into account the MRs which can be really hefty in 4S (over $400/mo)(“Older”/Southern 4S has a little lower MRs, $2-300/month in average but still significantly higher than Scripps Ranch). So you have to factor that into the price.
I did go in the past to open houses in Miro Circle townhomes and in 4S SFR. I like them, but it depends on needs of space too. Obviously the SFRs have more space.
SD R said it best. It’s a question of taste, needs and commute.
If you don’t and won’t have kids, school district differences are less important.
to the OP: what are your space needs, do you have kids, where do you & your family work, other things you are looking for – e.g. big backyard?
Regarding 4S there are many threads about it on this forum, you can search for it.
EDIT: I think SD R is referring to the fact that 4S is a master planned community in the suburban area, in a relatively open area. Miro Circle is just a development, and doesn’t represent Scripps Ranch. I felt it was thrown together in a tight busy place as an afterthought. Furthermore, there may be more of a certain demographics and common workplace at Miro – it’s just a hunch of mine. A more fair comparison would be Miro Circle to a particular development in 4S. I could compare Miro Circle with Westview Parkway for example.
OP: do you have a particular development in mind in 4S?
August 12, 2009 at 10:36 AM #443912ScarlettParticipantI think owning a SFR is better from many points of view (think enjoyment and investment) than a townhome – provided both are in good neighborhoods. But that said, you have to take into account the MRs which can be really hefty in 4S (over $400/mo)(“Older”/Southern 4S has a little lower MRs, $2-300/month in average but still significantly higher than Scripps Ranch). So you have to factor that into the price.
I did go in the past to open houses in Miro Circle townhomes and in 4S SFR. I like them, but it depends on needs of space too. Obviously the SFRs have more space.
SD R said it best. It’s a question of taste, needs and commute.
If you don’t and won’t have kids, school district differences are less important.
to the OP: what are your space needs, do you have kids, where do you & your family work, other things you are looking for – e.g. big backyard?
Regarding 4S there are many threads about it on this forum, you can search for it.
EDIT: I think SD R is referring to the fact that 4S is a master planned community in the suburban area, in a relatively open area. Miro Circle is just a development, and doesn’t represent Scripps Ranch. I felt it was thrown together in a tight busy place as an afterthought. Furthermore, there may be more of a certain demographics and common workplace at Miro – it’s just a hunch of mine. A more fair comparison would be Miro Circle to a particular development in 4S. I could compare Miro Circle with Westview Parkway for example.
OP: do you have a particular development in mind in 4S?
August 12, 2009 at 10:36 AM #444250ScarlettParticipantI think owning a SFR is better from many points of view (think enjoyment and investment) than a townhome – provided both are in good neighborhoods. But that said, you have to take into account the MRs which can be really hefty in 4S (over $400/mo)(“Older”/Southern 4S has a little lower MRs, $2-300/month in average but still significantly higher than Scripps Ranch). So you have to factor that into the price.
I did go in the past to open houses in Miro Circle townhomes and in 4S SFR. I like them, but it depends on needs of space too. Obviously the SFRs have more space.
SD R said it best. It’s a question of taste, needs and commute.
If you don’t and won’t have kids, school district differences are less important.
to the OP: what are your space needs, do you have kids, where do you & your family work, other things you are looking for – e.g. big backyard?
Regarding 4S there are many threads about it on this forum, you can search for it.
EDIT: I think SD R is referring to the fact that 4S is a master planned community in the suburban area, in a relatively open area. Miro Circle is just a development, and doesn’t represent Scripps Ranch. I felt it was thrown together in a tight busy place as an afterthought. Furthermore, there may be more of a certain demographics and common workplace at Miro – it’s just a hunch of mine. A more fair comparison would be Miro Circle to a particular development in 4S. I could compare Miro Circle with Westview Parkway for example.
OP: do you have a particular development in mind in 4S?
August 12, 2009 at 10:36 AM #444319ScarlettParticipantI think owning a SFR is better from many points of view (think enjoyment and investment) than a townhome – provided both are in good neighborhoods. But that said, you have to take into account the MRs which can be really hefty in 4S (over $400/mo)(“Older”/Southern 4S has a little lower MRs, $2-300/month in average but still significantly higher than Scripps Ranch). So you have to factor that into the price.
I did go in the past to open houses in Miro Circle townhomes and in 4S SFR. I like them, but it depends on needs of space too. Obviously the SFRs have more space.
SD R said it best. It’s a question of taste, needs and commute.
If you don’t and won’t have kids, school district differences are less important.
to the OP: what are your space needs, do you have kids, where do you & your family work, other things you are looking for – e.g. big backyard?
Regarding 4S there are many threads about it on this forum, you can search for it.
EDIT: I think SD R is referring to the fact that 4S is a master planned community in the suburban area, in a relatively open area. Miro Circle is just a development, and doesn’t represent Scripps Ranch. I felt it was thrown together in a tight busy place as an afterthought. Furthermore, there may be more of a certain demographics and common workplace at Miro – it’s just a hunch of mine. A more fair comparison would be Miro Circle to a particular development in 4S. I could compare Miro Circle with Westview Parkway for example.
OP: do you have a particular development in mind in 4S?
August 12, 2009 at 10:36 AM #444497ScarlettParticipantI think owning a SFR is better from many points of view (think enjoyment and investment) than a townhome – provided both are in good neighborhoods. But that said, you have to take into account the MRs which can be really hefty in 4S (over $400/mo)(“Older”/Southern 4S has a little lower MRs, $2-300/month in average but still significantly higher than Scripps Ranch). So you have to factor that into the price.
I did go in the past to open houses in Miro Circle townhomes and in 4S SFR. I like them, but it depends on needs of space too. Obviously the SFRs have more space.
SD R said it best. It’s a question of taste, needs and commute.
If you don’t and won’t have kids, school district differences are less important.
to the OP: what are your space needs, do you have kids, where do you & your family work, other things you are looking for – e.g. big backyard?
Regarding 4S there are many threads about it on this forum, you can search for it.
EDIT: I think SD R is referring to the fact that 4S is a master planned community in the suburban area, in a relatively open area. Miro Circle is just a development, and doesn’t represent Scripps Ranch. I felt it was thrown together in a tight busy place as an afterthought. Furthermore, there may be more of a certain demographics and common workplace at Miro – it’s just a hunch of mine. A more fair comparison would be Miro Circle to a particular development in 4S. I could compare Miro Circle with Westview Parkway for example.
OP: do you have a particular development in mind in 4S?
August 12, 2009 at 10:53 AM #443877ScarlettParticipantSpring_bubble,
it really depends on your budget and needs and goals. 450K is different from 600K, which was discussed above. Sooner or later, most 4S SFRs would reach 450K (some already did I think). If you are fine with a SMALLER townhome even in the long run (family wise), then I don’t think you should tie more money in RE and buy a SFR. I wouldn’t overstrech my budget in these days. You never know what the future brings. But then, if you are fine with a smaller townhome, then I would definitely rent one for a while in the area I want to buy and wait to buy my dreamhome SFR at the 450K price…in a couple years…Yes, I know that the lower end condos and townhomes went down the most, but we are talking a high-end area closer to the Coast. Those may still have a ways to go down. I don’t believe the rise in price we see is sustainable.The property loooks ok to me, but I haven’t been inside. I’d prefer a larger townhome than that, and there are some there for comparable prices at 1750 sf, according to recent closings in SDL (the 1750 sf is the type I looked at 5 yrs ago, when they were selling in mid500K). Maybe one of the realtors here (SD R?) went inside. Question is, should you buy at all? Why do you want to buy now? It’s hard to advise when one doesn’t know more details.
You mentioned 4S, which properties/developments you liked/considered?
August 12, 2009 at 10:53 AM #444072ScarlettParticipantSpring_bubble,
it really depends on your budget and needs and goals. 450K is different from 600K, which was discussed above. Sooner or later, most 4S SFRs would reach 450K (some already did I think). If you are fine with a SMALLER townhome even in the long run (family wise), then I don’t think you should tie more money in RE and buy a SFR. I wouldn’t overstrech my budget in these days. You never know what the future brings. But then, if you are fine with a smaller townhome, then I would definitely rent one for a while in the area I want to buy and wait to buy my dreamhome SFR at the 450K price…in a couple years…Yes, I know that the lower end condos and townhomes went down the most, but we are talking a high-end area closer to the Coast. Those may still have a ways to go down. I don’t believe the rise in price we see is sustainable.The property loooks ok to me, but I haven’t been inside. I’d prefer a larger townhome than that, and there are some there for comparable prices at 1750 sf, according to recent closings in SDL (the 1750 sf is the type I looked at 5 yrs ago, when they were selling in mid500K). Maybe one of the realtors here (SD R?) went inside. Question is, should you buy at all? Why do you want to buy now? It’s hard to advise when one doesn’t know more details.
You mentioned 4S, which properties/developments you liked/considered?
August 12, 2009 at 10:53 AM #444409ScarlettParticipantSpring_bubble,
it really depends on your budget and needs and goals. 450K is different from 600K, which was discussed above. Sooner or later, most 4S SFRs would reach 450K (some already did I think). If you are fine with a SMALLER townhome even in the long run (family wise), then I don’t think you should tie more money in RE and buy a SFR. I wouldn’t overstrech my budget in these days. You never know what the future brings. But then, if you are fine with a smaller townhome, then I would definitely rent one for a while in the area I want to buy and wait to buy my dreamhome SFR at the 450K price…in a couple years…Yes, I know that the lower end condos and townhomes went down the most, but we are talking a high-end area closer to the Coast. Those may still have a ways to go down. I don’t believe the rise in price we see is sustainable.The property loooks ok to me, but I haven’t been inside. I’d prefer a larger townhome than that, and there are some there for comparable prices at 1750 sf, according to recent closings in SDL (the 1750 sf is the type I looked at 5 yrs ago, when they were selling in mid500K). Maybe one of the realtors here (SD R?) went inside. Question is, should you buy at all? Why do you want to buy now? It’s hard to advise when one doesn’t know more details.
You mentioned 4S, which properties/developments you liked/considered?
August 12, 2009 at 10:53 AM #444478ScarlettParticipantSpring_bubble,
it really depends on your budget and needs and goals. 450K is different from 600K, which was discussed above. Sooner or later, most 4S SFRs would reach 450K (some already did I think). If you are fine with a SMALLER townhome even in the long run (family wise), then I don’t think you should tie more money in RE and buy a SFR. I wouldn’t overstrech my budget in these days. You never know what the future brings. But then, if you are fine with a smaller townhome, then I would definitely rent one for a while in the area I want to buy and wait to buy my dreamhome SFR at the 450K price…in a couple years…Yes, I know that the lower end condos and townhomes went down the most, but we are talking a high-end area closer to the Coast. Those may still have a ways to go down. I don’t believe the rise in price we see is sustainable.The property loooks ok to me, but I haven’t been inside. I’d prefer a larger townhome than that, and there are some there for comparable prices at 1750 sf, according to recent closings in SDL (the 1750 sf is the type I looked at 5 yrs ago, when they were selling in mid500K). Maybe one of the realtors here (SD R?) went inside. Question is, should you buy at all? Why do you want to buy now? It’s hard to advise when one doesn’t know more details.
You mentioned 4S, which properties/developments you liked/considered?
August 12, 2009 at 10:53 AM #444657ScarlettParticipantSpring_bubble,
it really depends on your budget and needs and goals. 450K is different from 600K, which was discussed above. Sooner or later, most 4S SFRs would reach 450K (some already did I think). If you are fine with a SMALLER townhome even in the long run (family wise), then I don’t think you should tie more money in RE and buy a SFR. I wouldn’t overstrech my budget in these days. You never know what the future brings. But then, if you are fine with a smaller townhome, then I would definitely rent one for a while in the area I want to buy and wait to buy my dreamhome SFR at the 450K price…in a couple years…Yes, I know that the lower end condos and townhomes went down the most, but we are talking a high-end area closer to the Coast. Those may still have a ways to go down. I don’t believe the rise in price we see is sustainable.The property loooks ok to me, but I haven’t been inside. I’d prefer a larger townhome than that, and there are some there for comparable prices at 1750 sf, according to recent closings in SDL (the 1750 sf is the type I looked at 5 yrs ago, when they were selling in mid500K). Maybe one of the realtors here (SD R?) went inside. Question is, should you buy at all? Why do you want to buy now? It’s hard to advise when one doesn’t know more details.
You mentioned 4S, which properties/developments you liked/considered?
August 12, 2009 at 9:40 PM #444211spring_bubble_09ParticipantThanks for the input. No I have not made my move as yet and based on the discussion I feel that I should look out for a SFR instead of a town home.
Thanks for all your inputs!
August 12, 2009 at 9:40 PM #444405spring_bubble_09ParticipantThanks for the input. No I have not made my move as yet and based on the discussion I feel that I should look out for a SFR instead of a town home.
Thanks for all your inputs!
August 12, 2009 at 9:40 PM #444742spring_bubble_09ParticipantThanks for the input. No I have not made my move as yet and based on the discussion I feel that I should look out for a SFR instead of a town home.
Thanks for all your inputs!
August 12, 2009 at 9:40 PM #444810spring_bubble_09ParticipantThanks for the input. No I have not made my move as yet and based on the discussion I feel that I should look out for a SFR instead of a town home.
Thanks for all your inputs!
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