Some questions about Stonebridge

[bearishgurl]

[quote=AN]bearishgurl, I guess you’ve never remodel a kitchen before. After doing mine, I can tell you for that size kitchen, depending on the appliances and cabinet and flooring, it can easily be $50k+. The RB house in in even worse shape. I would think it would take at least $100k to upgrade the kitchen, bathrooms, and flooring of that house to get to the same quality as the Shadetree house.[/quote]

AN, I HAVE remodeled kitchens before, but bought cabinets and appls at deep discounts, carried them home ourselves and installed them ourselves, with some intermittent professional and family help. I’ve only spent $5K to $15K at most, but this was also years ago and in all instances but one, just refaced cabinets but did not replace. And I have never installed granite.

No, I have never installed a subzero like Shadetree has (shortsale listing at Stonebridge). I have never had any use for a frig that big. And Shadetree has a large kitchen with a large island. In fact, the whole place seems like an airplane hangar to me. The master bath is so sterile, it reminds me of a doctor’s office.

I don’t think it would be worth it to invest $50K in a kitchen unless the property was located in an upscale-enough area to recoup that investment upon sale.

[quote=AN]Whether $361k-$516k will fix the problem is irrelavent. My point is that people like to pay for move in ready home and they’ll pay a premium for it. New homes are move in ready. You can’t really compare the two. I know that in term of value, buying an old fixer will give you bigger bang for your buck. But that doesn’t change what people want and what people are willing to pay a premium for.[/quote]

I don’t consider those two active listings in Poway and RB I provided to be “old fixers.” Poway is a little more dated than RB but is on a MUCH larger lot with more potential and possibilities. It might need some new appls, but DOES NOT need a kitchen remodel.

[quote=AN]BTW, I never mentioned ppsf. You seem to tell me to compare the whole package, yet you failed to do the same yourself. Whether you’d buy in Stonebridge doesn’t matter. It’s what the buyers who would that matter and what price they’re willing to pay. What you put as premium might not be what the buyers of these price range would put as a premium, and vice versa.[/quote]

My ppsf comment was not directed at you. It was directed at Piggs commenting that Stonebridge has a low ppsf. Even though the county assessor comps properties this way for assessed value, it is not the be-all and end-all. The assessor just has to justify it on paper for themselves. They do not visit it and don’t have to live in it.

Old v. new and the price (incl MR) is in the eye of the beholder. Different strokes for diff folks. The point we’re discussing here is if the 24-30 yrs left of MR (assuming those listed annual figures are correct) added to the price paid for the property make the MR property HIGHER or LOWER than a resale on the open market (with NO MR). So all we can do is consider comparable listings in the same school district, since that seems to be the main selling point of Stonebridge. There aren’t a lot of mcmansions on the market that have the square footage of and are comparable to Stonebridge. I maintain that sheer cavern-like square footage does not necessarily equal value and that the portion of buyers who would even need or could use that kind of space is minuscule.

[quote=AN]How much of a premium do you put on that view for the Shadetree house?[/quote]

AN, look at it again. The “view” out back of Shadetree is of NOTHING. Vacant hills filled with dry brush. So it is worth NOTHING. The backyard is a nondescript patch of sod with an upgraded square patio and fire pit. I had friends in an 1800 sf PUD in RB that had the EXACT same backyard setup as this house (but w/a better view). They sold it last year and moved out-of-state. The Shadetree house is a big, square box. The RB house has MUCH better curb appeal. Based upon the pics, RB’s very expensive garage doors along with its back and front landscaping, expensive pool/jacuzzi, the street views of the neighborhood and backyard view of the golf course is FAR superior to that of Shadetree. Its appliances are less than five years old. Shadetree has some built-in cabinetry in a couple of rooms, but RB has a pecan library. To me, the beautiful brick two-way F/P in RB is preferable to the prefab ones in the walls of Shadetree.

Mind you, I don’t golf and so wouldn’t want to pay the HOA to live in a golf community but Fairway Pointe (RB) looks to be a beautiful custom-home community, IMHO. The subject’s vacant lot was purchased in 1985 for $140K and the home was finished in 1987. These residents have access to “Bernardo Heights” amenities and FP is a very well-maintained for the $210 mo. dues.

Stonebridge consists of tracts of super-size mcmansions situated in a mostly undeveloped area where no sold comps exist to justify their asking prices.

[bearishgurl]

[quote=AN][quote=ocrenter][img_assist|nid=14113|title=Orchard Bend kitchen|desc=|link=node|align=left|width=100|height=75]

that Orchard Bend kitchen needs a complete remodel. the bathroom is not much better.

look like a complete fixer upper for a million bucks.[/quote]
My thought exactly.[/quote]

AN and ocrenter,

This 1990 remodel was of a mid-century design which featured very sleek kitchen cabinets. There are a LOT of cabinets in that kitchen but they are very flush and you can’t easily see them in the photo. There is also a second sink on the other side. I personally don’t like the sinks separated . . . I would prefer them together (guess a double sink is also outdated now, lol).

The bathroom shower shown in the pics is of glass block which is also a mid-century design feature.

I own an actual mid-century house (WWII box) which was remodeled to the studs in 1993 with these same mid-century design features so am familiar with them and like them. If you are used to more elaborate kitchen cabinets, this kitchen will look “spartan” to you, but it is no less valuable. There is actually nothing wrong with this kitchen except for a couple of possibly outdated wall ovens. It’s all a matter of taste.

For a “million bucks,” what you SHOULD be comparing is the 11K lot of Shadetree at Stonebridge to the 1.5 AC lot of Orchard Bend. Instead, you’re groveling over kitchen cabinets. IMO, from an investment standpoint, that’s not too smart.

You CAN’T FIX the 11K lot (w/a 5000+ sf house on it, lol) but you CAN FIX kitchen cabinets if you don’t like them!!

[bearishgurl]

[quote=AN][quote=ocrenter][img_assist|nid=14113|title=Orchard Bend kitchen|desc=|link=node|align=left|width=100|height=75]

that Orchard Bend kitchen needs a complete remodel. the bathroom is not much better.

look like a complete fixer upper for a million bucks.[/quote]
My thought exactly.[/quote]

AN and ocrenter,

This 1990 remodel was of a mid-century design which featured very sleek kitchen cabinets. There are a LOT of cabinets in that kitchen but they are very flush and you can’t easily see them in the photo. There is also a second sink on the other side. I personally don’t like the sinks separated . . . I would prefer them together (guess a double sink is also outdated now, lol).

The bathroom shower shown in the pics is of glass block which is also a mid-century design feature.

I own an actual mid-century house (WWII box) which was remodeled to the studs in 1993 with these same mid-century design features so am familiar with them and like them. If you are used to more elaborate kitchen cabinets, this kitchen will look “spartan” to you, but it is no less valuable. There is actually nothing wrong with this kitchen except for a couple of possibly outdated wall ovens. It’s all a matter of taste.

For a “million bucks,” what you SHOULD be comparing is the 11K lot of Shadetree at Stonebridge to the 1.5 AC lot of Orchard Bend. Instead, you’re groveling over kitchen cabinets. IMO, from an investment standpoint, that’s not too smart.

You CAN’T FIX the 11K lot (w/a 5000+ sf house on it, lol) but you CAN FIX kitchen cabinets if you don’t like them!!

[bearishgurl]

[quote=AN][quote=ocrenter][img_assist|nid=14113|title=Orchard Bend kitchen|desc=|link=node|align=left|width=100|height=75]

that Orchard Bend kitchen needs a complete remodel. the bathroom is not much better.

look like a complete fixer upper for a million bucks.[/quote]
My thought exactly.[/quote]

AN and ocrenter,

This 1990 remodel was of a mid-century design which featured very sleek kitchen cabinets. There are a LOT of cabinets in that kitchen but they are very flush and you can’t easily see them in the photo. There is also a second sink on the other side. I personally don’t like the sinks separated . . . I would prefer them together (guess a double sink is also outdated now, lol).

The bathroom shower shown in the pics is of glass block which is also a mid-century design feature.

I own an actual mid-century house (WWII box) which was remodeled to the studs in 1993 with these same mid-century design features so am familiar with them and like them. If you are used to more elaborate kitchen cabinets, this kitchen will look “spartan” to you, but it is no less valuable. There is actually nothing wrong with this kitchen except for a couple of possibly outdated wall ovens. It’s all a matter of taste.

For a “million bucks,” what you SHOULD be comparing is the 11K lot of Shadetree at Stonebridge to the 1.5 AC lot of Orchard Bend. Instead, you’re groveling over kitchen cabinets. IMO, from an investment standpoint, that’s not too smart.

You CAN’T FIX the 11K lot (w/a 5000+ sf house on it, lol) but you CAN FIX kitchen cabinets if you don’t like them!!

[bearishgurl]

[quote=AN][quote=ocrenter][img_assist|nid=14113|title=Orchard Bend kitchen|desc=|link=node|align=left|width=100|height=75]

that Orchard Bend kitchen needs a complete remodel. the bathroom is not much better.

look like a complete fixer upper for a million bucks.[/quote]
My thought exactly.[/quote]

AN and ocrenter,

This 1990 remodel was of a mid-century design which featured very sleek kitchen cabinets. There are a LOT of cabinets in that kitchen but they are very flush and you can’t easily see them in the photo. There is also a second sink on the other side. I personally don’t like the sinks separated . . . I would prefer them together (guess a double sink is also outdated now, lol).

The bathroom shower shown in the pics is of glass block which is also a mid-century design feature.

I own an actual mid-century house (WWII box) which was remodeled to the studs in 1993 with these same mid-century design features so am familiar with them and like them. If you are used to more elaborate kitchen cabinets, this kitchen will look “spartan” to you, but it is no less valuable. There is actually nothing wrong with this kitchen except for a couple of possibly outdated wall ovens. It’s all a matter of taste.

For a “million bucks,” what you SHOULD be comparing is the 11K lot of Shadetree at Stonebridge to the 1.5 AC lot of Orchard Bend. Instead, you’re groveling over kitchen cabinets. IMO, from an investment standpoint, that’s not too smart.

You CAN’T FIX the 11K lot (w/a 5000+ sf house on it, lol) but you CAN FIX kitchen cabinets if you don’t like them!!

[bearishgurl]

[quote=AN][quote=ocrenter][img_assist|nid=14113|title=Orchard Bend kitchen|desc=|link=node|align=left|width=100|height=75]

that Orchard Bend kitchen needs a complete remodel. the bathroom is not much better.

look like a complete fixer upper for a million bucks.[/quote]
My thought exactly.[/quote]

AN and ocrenter,

This 1990 remodel was of a mid-century design which featured very sleek kitchen cabinets. There are a LOT of cabinets in that kitchen but they are very flush and you can’t easily see them in the photo. There is also a second sink on the other side. I personally don’t like the sinks separated . . . I would prefer them together (guess a double sink is also outdated now, lol).

The bathroom shower shown in the pics is of glass block which is also a mid-century design feature.

I own an actual mid-century house (WWII box) which was remodeled to the studs in 1993 with these same mid-century design features so am familiar with them and like them. If you are used to more elaborate kitchen cabinets, this kitchen will look “spartan” to you, but it is no less valuable. There is actually nothing wrong with this kitchen except for a couple of possibly outdated wall ovens. It’s all a matter of taste.

For a “million bucks,” what you SHOULD be comparing is the 11K lot of Shadetree at Stonebridge to the 1.5 AC lot of Orchard Bend. Instead, you’re groveling over kitchen cabinets. IMO, from an investment standpoint, that’s not too smart.

You CAN’T FIX the 11K lot (w/a 5000+ sf house on it, lol) but you CAN FIX kitchen cabinets if you don’t like them!!

[kcal09]

The Shadetree home is located directly behind power lines. That is much worse than a view into nothing.

[kcal09]

The Shadetree home is located directly behind power lines. That is much worse than a view into nothing.

[kcal09]

The Shadetree home is located directly behind power lines. That is much worse than a view into nothing.

[kcal09]

The Shadetree home is located directly behind power lines. That is much worse than a view into nothing.

[kcal09]

The Shadetree home is located directly behind power lines. That is much worse than a view into nothing.

[joec]

I agree with a lot of the other messages. Anyhow, from the 2 listings you provided, BG, I personally don’t like either of them and if I was looking in Stonebridge compared to the two you listed, I’d gladly pay the silly MR and choose that over either of your 2 listings. First thing is, I care $0 for a view, I care $0 for golf course, I care $0 for a large lot, I have 0 plans to do major renovation to change the layout lot (I’d move first). Since they both have pools, they’re already off my list (have baby, liability, harder to sell IMO).

The main point I keep saying or have brought up on other posts on life, housing, is different people like different things and even though you subscribe to that (I refuse to buy any place with MR), older homes have more appeal and charm (your opinion) you don’t think anyone else should/does when it comes to MR or on new/vs old homes). Your bias only goes one way rather than both.

People like new, they like move in ready, they don’t have family or time to help them do a home remodel, etc that you did in the past. Maybe you do and that’s how you used to do it, but for some folks, they don’t care because they can easily pay and afford the MR and rather use the time for other pursuits. MR is just money for a lot of folks and if they can pay, let them.

Also agree with the posts above that those kitchens/bathrooms are about as fugly as you can get. I have enough headaches in my life, I don’t need to a total kitchen remodel/rip out to make mine more complicated…

My LJ, Del Mar comment was more about if money is no object, then most folks would live in the coast in some massive ocean front place if they could. People CHOOSE Stonebridge for some reasons. Obviously, they have reasons that you don’t have since the places have sold.

[joec]

I agree with a lot of the other messages. Anyhow, from the 2 listings you provided, BG, I personally don’t like either of them and if I was looking in Stonebridge compared to the two you listed, I’d gladly pay the silly MR and choose that over either of your 2 listings. First thing is, I care $0 for a view, I care $0 for golf course, I care $0 for a large lot, I have 0 plans to do major renovation to change the layout lot (I’d move first). Since they both have pools, they’re already off my list (have baby, liability, harder to sell IMO).

The main point I keep saying or have brought up on other posts on life, housing, is different people like different things and even though you subscribe to that (I refuse to buy any place with MR), older homes have more appeal and charm (your opinion) you don’t think anyone else should/does when it comes to MR or on new/vs old homes). Your bias only goes one way rather than both.

People like new, they like move in ready, they don’t have family or time to help them do a home remodel, etc that you did in the past. Maybe you do and that’s how you used to do it, but for some folks, they don’t care because they can easily pay and afford the MR and rather use the time for other pursuits. MR is just money for a lot of folks and if they can pay, let them.

Also agree with the posts above that those kitchens/bathrooms are about as fugly as you can get. I have enough headaches in my life, I don’t need to a total kitchen remodel/rip out to make mine more complicated…

My LJ, Del Mar comment was more about if money is no object, then most folks would live in the coast in some massive ocean front place if they could. People CHOOSE Stonebridge for some reasons. Obviously, they have reasons that you don’t have since the places have sold.

[joec]

I agree with a lot of the other messages. Anyhow, from the 2 listings you provided, BG, I personally don’t like either of them and if I was looking in Stonebridge compared to the two you listed, I’d gladly pay the silly MR and choose that over either of your 2 listings. First thing is, I care $0 for a view, I care $0 for golf course, I care $0 for a large lot, I have 0 plans to do major renovation to change the layout lot (I’d move first). Since they both have pools, they’re already off my list (have baby, liability, harder to sell IMO).

The main point I keep saying or have brought up on other posts on life, housing, is different people like different things and even though you subscribe to that (I refuse to buy any place with MR), older homes have more appeal and charm (your opinion) you don’t think anyone else should/does when it comes to MR or on new/vs old homes). Your bias only goes one way rather than both.

People like new, they like move in ready, they don’t have family or time to help them do a home remodel, etc that you did in the past. Maybe you do and that’s how you used to do it, but for some folks, they don’t care because they can easily pay and afford the MR and rather use the time for other pursuits. MR is just money for a lot of folks and if they can pay, let them.

Also agree with the posts above that those kitchens/bathrooms are about as fugly as you can get. I have enough headaches in my life, I don’t need to a total kitchen remodel/rip out to make mine more complicated…

My LJ, Del Mar comment was more about if money is no object, then most folks would live in the coast in some massive ocean front place if they could. People CHOOSE Stonebridge for some reasons. Obviously, they have reasons that you don’t have since the places have sold.

[joec]

I agree with a lot of the other messages. Anyhow, from the 2 listings you provided, BG, I personally don’t like either of them and if I was looking in Stonebridge compared to the two you listed, I’d gladly pay the silly MR and choose that over either of your 2 listings. First thing is, I care $0 for a view, I care $0 for golf course, I care $0 for a large lot, I have 0 plans to do major renovation to change the layout lot (I’d move first). Since they both have pools, they’re already off my list (have baby, liability, harder to sell IMO).

The main point I keep saying or have brought up on other posts on life, housing, is different people like different things and even though you subscribe to that (I refuse to buy any place with MR), older homes have more appeal and charm (your opinion) you don’t think anyone else should/does when it comes to MR or on new/vs old homes). Your bias only goes one way rather than both.

People like new, they like move in ready, they don’t have family or time to help them do a home remodel, etc that you did in the past. Maybe you do and that’s how you used to do it, but for some folks, they don’t care because they can easily pay and afford the MR and rather use the time for other pursuits. MR is just money for a lot of folks and if they can pay, let them.

Also agree with the posts above that those kitchens/bathrooms are about as fugly as you can get. I have enough headaches in my life, I don’t need to a total kitchen remodel/rip out to make mine more complicated…

My LJ, Del Mar comment was more about if money is no object, then most folks would live in the coast in some massive ocean front place if they could. People CHOOSE Stonebridge for some reasons. Obviously, they have reasons that you don’t have since the places have sold.

[Author]

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