Sausalito in Carmel Valley

[lepetitangel]

Hi Flu and Toto,

Really appreciate your feedback. I do like the location of Sausalio being close to 5/805/56 and easy access to Sorrento Valley if freeway is congested.

The problem with being very close to elementary school is a potential concern. Personally I’m alright with it (avoiding 7:45am~8:15 am is fine) but I’m afraid down the road when I try to sell will it be a problem?

The listing I’m looking at is the smallest floor plan. The seller claim it’s 1838-sqft while on public tax record and builder’s brochure it’s 1731-sqft. It’s a big problem cuz that’s like $35000 I will be overpaying here. Toto you have any ideas?

Also I’m thinking if it makes sense to look at comparable sales in the same neighborhood in terms of price per square-footage. The two that were sold in June and July were both $354/sft. Is it fair for me to use this? The seller right now is asking $369~$380, while I think it’s more like $392~$403 for the sqft indicated on tax record. I will not overpay in this environment. I’m thinking if others are willing to pay for the asking price let them go ahead. I’m only willing to pay at or below the comparable sales price.

Any thought?

[Coronita]

fyi:

http://www.carmelvalleysandiegohomes.com/genre/Sausalito-at-Torrey-Pines-Real-Estate-Floor-Plans

http://www.cv-home.com/PageManager/Default.aspx/PageID=1154643&NF=1

Other plan 1’s from the past seem to indicate the sqft is 1731 too

http://www.movoto.com/real-estate/homes-for-sale/CA/San-Diego/4294-Corte-De-Sausalito-210_090007095.htm

http://activerain.com/blogsview/1497762/sausalito-development-in-carmel-valley-san-diego-

[Coronita]

fyi:

http://www.carmelvalleysandiegohomes.com/genre/Sausalito-at-Torrey-Pines-Real-Estate-Floor-Plans

http://www.cv-home.com/PageManager/Default.aspx/PageID=1154643&NF=1

Other plan 1’s from the past seem to indicate the sqft is 1731 too

http://www.movoto.com/real-estate/homes-for-sale/CA/San-Diego/4294-Corte-De-Sausalito-210_090007095.htm

http://activerain.com/blogsview/1497762/sausalito-development-in-carmel-valley-san-diego-

[Coronita]

fyi:

http://www.carmelvalleysandiegohomes.com/genre/Sausalito-at-Torrey-Pines-Real-Estate-Floor-Plans

http://www.cv-home.com/PageManager/Default.aspx/PageID=1154643&NF=1

Other plan 1’s from the past seem to indicate the sqft is 1731 too

http://www.movoto.com/real-estate/homes-for-sale/CA/San-Diego/4294-Corte-De-Sausalito-210_090007095.htm

http://activerain.com/blogsview/1497762/sausalito-development-in-carmel-valley-san-diego-

[Coronita]

fyi:

http://www.carmelvalleysandiegohomes.com/genre/Sausalito-at-Torrey-Pines-Real-Estate-Floor-Plans

http://www.cv-home.com/PageManager/Default.aspx/PageID=1154643&NF=1

Other plan 1’s from the past seem to indicate the sqft is 1731 too

http://www.movoto.com/real-estate/homes-for-sale/CA/San-Diego/4294-Corte-De-Sausalito-210_090007095.htm

http://activerain.com/blogsview/1497762/sausalito-development-in-carmel-valley-san-diego-

[Coronita]

fyi:

http://www.carmelvalleysandiegohomes.com/genre/Sausalito-at-Torrey-Pines-Real-Estate-Floor-Plans

http://www.cv-home.com/PageManager/Default.aspx/PageID=1154643&NF=1

Other plan 1’s from the past seem to indicate the sqft is 1731 too

http://www.movoto.com/real-estate/homes-for-sale/CA/San-Diego/4294-Corte-De-Sausalito-210_090007095.htm

http://activerain.com/blogsview/1497762/sausalito-development-in-carmel-valley-san-diego-

[toto]

I faced the same problem when I bought my house. Somehow, the builder used the smallest size (didn’t include loft option) when registered with the county. The seller agent in my case just listed the largest possible size for my floorplan. My agent did a rough measurement and she thought that the listing size was reasonable.

[toto]

I faced the same problem when I bought my house. Somehow, the builder used the smallest size (didn’t include loft option) when registered with the county. The seller agent in my case just listed the largest possible size for my floorplan. My agent did a rough measurement and she thought that the listing size was reasonable.

[toto]

I faced the same problem when I bought my house. Somehow, the builder used the smallest size (didn’t include loft option) when registered with the county. The seller agent in my case just listed the largest possible size for my floorplan. My agent did a rough measurement and she thought that the listing size was reasonable.

[toto]

I faced the same problem when I bought my house. Somehow, the builder used the smallest size (didn’t include loft option) when registered with the county. The seller agent in my case just listed the largest possible size for my floorplan. My agent did a rough measurement and she thought that the listing size was reasonable.

[toto]

I faced the same problem when I bought my house. Somehow, the builder used the smallest size (didn’t include loft option) when registered with the county. The seller agent in my case just listed the largest possible size for my floorplan. My agent did a rough measurement and she thought that the listing size was reasonable.

[sdrealtor]

lepitangel
I wouldnt get so hung up on the square footage. Builders often make mistakes reporting this kind of information to the tax assessor. A plan 1 is a plan 1 and the same size no matter what the builder or seller reports. If anything the discrepancy may be the loft at the top of the steps which I am not sure they all have. The one currently on the market does, so if that is the discrepancy this home would be the larger square footage.

FWIW, I actually listed the low comp about 1 year ago. I listed it at the 1731 sq ftage even though it had the loft and was probably over 1800 sq ft. I wanted it lower to help with the BPO so I could get my short sale approved so I quoted the sq footage from the tax records. It was a pretty messy one to deal with and we were glad to get it done. In hindsight I’m happy I could get the new buyer what now looks like a real good deal.

On the one you are dealing with, my opinion is its not worth much more than 650 to 660K. The problem is looking at the loans in the tax records it appears they owe about $645K. My guess is they are trying to sell it without coming out of pocket by choice or lack thereof so they need about $680K to cover all their selling costs.

[sdrealtor]

lepitangel
I wouldnt get so hung up on the square footage. Builders often make mistakes reporting this kind of information to the tax assessor. A plan 1 is a plan 1 and the same size no matter what the builder or seller reports. If anything the discrepancy may be the loft at the top of the steps which I am not sure they all have. The one currently on the market does, so if that is the discrepancy this home would be the larger square footage.

FWIW, I actually listed the low comp about 1 year ago. I listed it at the 1731 sq ftage even though it had the loft and was probably over 1800 sq ft. I wanted it lower to help with the BPO so I could get my short sale approved so I quoted the sq footage from the tax records. It was a pretty messy one to deal with and we were glad to get it done. In hindsight I’m happy I could get the new buyer what now looks like a real good deal.

On the one you are dealing with, my opinion is its not worth much more than 650 to 660K. The problem is looking at the loans in the tax records it appears they owe about $645K. My guess is they are trying to sell it without coming out of pocket by choice or lack thereof so they need about $680K to cover all their selling costs.

[sdrealtor]

lepitangel
I wouldnt get so hung up on the square footage. Builders often make mistakes reporting this kind of information to the tax assessor. A plan 1 is a plan 1 and the same size no matter what the builder or seller reports. If anything the discrepancy may be the loft at the top of the steps which I am not sure they all have. The one currently on the market does, so if that is the discrepancy this home would be the larger square footage.

FWIW, I actually listed the low comp about 1 year ago. I listed it at the 1731 sq ftage even though it had the loft and was probably over 1800 sq ft. I wanted it lower to help with the BPO so I could get my short sale approved so I quoted the sq footage from the tax records. It was a pretty messy one to deal with and we were glad to get it done. In hindsight I’m happy I could get the new buyer what now looks like a real good deal.

On the one you are dealing with, my opinion is its not worth much more than 650 to 660K. The problem is looking at the loans in the tax records it appears they owe about $645K. My guess is they are trying to sell it without coming out of pocket by choice or lack thereof so they need about $680K to cover all their selling costs.

[sdrealtor]

lepitangel
I wouldnt get so hung up on the square footage. Builders often make mistakes reporting this kind of information to the tax assessor. A plan 1 is a plan 1 and the same size no matter what the builder or seller reports. If anything the discrepancy may be the loft at the top of the steps which I am not sure they all have. The one currently on the market does, so if that is the discrepancy this home would be the larger square footage.

FWIW, I actually listed the low comp about 1 year ago. I listed it at the 1731 sq ftage even though it had the loft and was probably over 1800 sq ft. I wanted it lower to help with the BPO so I could get my short sale approved so I quoted the sq footage from the tax records. It was a pretty messy one to deal with and we were glad to get it done. In hindsight I’m happy I could get the new buyer what now looks like a real good deal.

On the one you are dealing with, my opinion is its not worth much more than 650 to 660K. The problem is looking at the loans in the tax records it appears they owe about $645K. My guess is they are trying to sell it without coming out of pocket by choice or lack thereof so they need about $680K to cover all their selling costs.

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