Sorrento Heights grand opening

[an]

[quote=jimmyle]Yup, you can clearly see the paper thin laminates rough edges in the cabinets. There are already dents and cracks in some of them.

The patios you see in #2 and #3 are options which could push the price beyond $700K.

The Master Bedrooms are a little small.

I like the Master Bathrooms.[/quote]
I totally about the patio being an option. I wasn’t expecting it to be included. One of the reasons why we go to check out these new houses is to get remodeling idea. We really like the big double sliding door opening up to the outdoor “room” patio. We’ll probably do that to ours.

Master bath is pretty good, but the shower can be a little bigger. The way they lay it out though, you can’t make the shower bigger. I’m now spoiled by my 4′ x 5′ shower, so getting into these showers at the model feel very cramp to me.

I agree the Master Bedrooms are small. We are comparing it to ours and it’s definitely smaller than ours, and these houses are bigger than ours too. WRT the cabinets, did you noticed the side is not even wood or particle board? It’s actually metal. This is the first time I saw metal being used in a cabinet (besides hinges and sliders). I don’t really like the trend with the new houses using particle boards and laminate for cabinets. They look and feel so cheep to me. Especially in houses costing more than 1/2 a Million dollars.

[an]

Based on their FB wall, more than 1000 people show up last weekend for the grand opening. That’s a lot of people.

[Coronita]

[quote=AN]Based on their FB wall, more than 1000 people show up last weekend for the grand opening. That’s a lot of people.[/quote]

Was there free food?

[an]

[quote=flu][quote=AN]Based on their FB wall, more than 1000 people show up last weekend for the grand opening. That’s a lot of people.[/quote]

Was there free food?[/quote]
Free water 😀

[ocrenter]

1000 people for 113 homes?

are the lines and camp outs back?!!!

[SD Realtor]

I know 3 different couples who are looking at homes their. Agreed with sdr, they will all go.

[outtamojo]

[quote=ocrenter]1000 people for 113 homes?

are the lines and camp outs back?!!![/quote]

Back to flipping new home contracts?

[Coronita]

[quote=outtamojo][quote=ocrenter]1000 people for 113 homes?

are the lines and camp outs back?!!![/quote]

Back to flipping new home contracts?[/quote]

You folks think it’s worth it to try to get one and then flip it?

[Rentedfor9years]

I was 1 out of 1000 people 🙂 who visited,as i have the QC funny money.

Here is my take:
– 92126 zip code => not an interesting zip code, as it is Mira Mesa schools.
– Only Plan 1 has downstairs bedroom => for 650K+ homes no downstairs bedroom ?
– Tax + Mello is 1.35% => Really there is mello here too ?
– Phase 1 and 2 are only released at the moment.
– Phase 1 are backed to Road.
– Phase 2 are starting in 700s even for plan 2s.

– All the above numbers without any upgrades 🙂

Looks like funny money at 58.39 is not buying much.

[Coronita]

[quote=Rentedfor9years]I was 1 out of 1000 people 🙂 who visited,as i have the QC funny money.

Here is my take:
– 92126 zip code => not an interesting zip code, as it is Mira Mesa schools.
– Only Plan 1 has downstairs bedroom => for 650K+ homes no downstairs bedroom ?
– Tax + Mello is 1.35% => Really there is mello here too ?
– Phase 1 and 2 are only released at the moment.
– Phase 1 are backed to Road.
– Phase 2 are starting in 700s even for plan 2s.

– All the above numbers without any upgrades 🙂

Looks like funny money at 58.39 is not buying much.[/quote]

You’re money isn’t funny enough:)

[an]

[quote=Rentedfor9years]I was 1 out of 1000 people 🙂 who visited,as i have the QC funny money.

Here is my take:
– 92126 zip code => not an interesting zip code, as it is Mira Mesa schools.
– Only Plan 1 has downstairs bedroom => for 650K+ homes no downstairs bedroom ?
– Tax + Mello is 1.35% => Really there is mello here too ?
– Phase 1 and 2 are only released at the moment.
– Phase 1 are backed to Road.
– Phase 2 are starting in 700s even for plan 2s.

– All the above numbers without any upgrades 🙂

Looks like funny money at 58.39 is not buying much.[/quote]
Wow, I didn’t know they have MR too. I was assuming they won’t, since MM’s infrastructure has been all built out. Are they using the MR’s money to pay for flattening the hill? If that’s the case, that’s pretty lame.

92121 and 92126 goes to the same school, so it makes no differences in term of school.

for a 2100 sq-ft house backing up to Calle Cristobal, if they’re getting $650k+ for it, that would mean they’re at least $50-75k more expensive than houses in 92121 along Sorrento Valley Blvd. That’s amazing.

[ocrenter]

[quote=AN][quote=Rentedfor9years]I was 1 out of 1000 people 🙂 who visited,as i have the QC funny money.

Here is my take:
– 92126 zip code => not an interesting zip code, as it is Mira Mesa schools.
– Only Plan 1 has downstairs bedroom => for 650K+ homes no downstairs bedroom ?
– Tax + Mello is 1.35% => Really there is mello here too ?
– Phase 1 and 2 are only released at the moment.
– Phase 1 are backed to Road.
– Phase 2 are starting in 700s even for plan 2s.

– All the above numbers without any upgrades 🙂

Looks like funny money at 58.39 is not buying much.[/quote]
Wow, I didn’t know they have MR too. I was assuming they won’t, since MM’s infrastructure has been all built out. Are they using the MR’s money to pay for flattening the hill? If that’s the case, that’s pretty lame.

92121 and 92126 goes to the same school, so it makes no differences in term of school.

for a 2100 sq-ft house backing up to Calle Cristobal, if they’re getting $650k+ for it, that would mean they’re at least $50-75k more expensive than houses in 92121 along Sorrento Valley Blvd. That’s amazing.[/quote]

not just $50 to $70k. factor in the $200/month MR and $180/month HOA, now we are looking at $80k in purchase power. although individual payoff of MR shouldn’t be that much…that should help.

what’s the average lot size?

[an]

[quote=ocrenter]not just $50 to $70k. factor in the $200/month MR and $180/month HOA, now we are looking at $80k in purchase power. although individual payoff of MR shouldn’t be that much…that should help.

what’s the average lot size?[/quote]
I understand about the extra cost of MR and HOA. That would just make the comparison even more lop sided and make this new development even more overpriced IMHO.

The average lot is tiny. I think it’s around 4200 sq-ft IIRC. Lot size are similar to this development about 2-3 blocks east: http://www.redfin.com/CA/San-Diego/11361-Dennig-Pl-92126/home/4562629. I personally wouldn’t even compare this new development to the SFR in 92121 because of the lot size. They’re more like the house I just posted. So, in essence, they’re about $200k above these houses. $200k can give you one kick ass remodel.

[sdrealtor]

Getting new construction typically comes at around a 10% premium (pricewise) to other similar sized properties in an area. The fees are usually higher too as development gets more expensive each year as the GOV needs to dip further into buyers pockets to pay for…..well you know…

[an]

[quote=sdrealtor]Getting new construction typically comes at around a 10% premium (pricewise) to other similar sized properties in an area. The fees are usually higher too as development gets more expensive each year as the GOV needs to dip further into buyers pockets to pay for…..well you know…[/quote]
I can agree with 10% premium. But $200k = 45% premium. That’s before counting the HOA and MR. That’s a HUGE premium. Yet, obviously, there are people who wants it and would be willing to pay for it.

[Author]

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