Stonebridge-what does the future bring?

[sunny88]

I have been looking for a new home for over a year now and have seen many of the new developments at “Stonebridge” in Scripps Ranch. I’ve been quite impressed with “Serenity” and “Scripps Preserve” floorplans but less so with their location. Many of them face powerlines or have no view at all. Also, the access is inconvenient.
One of the homes I found nice is:
http://www.sdlookup.com/MLS-080074737-13350_Greenstone_Ct_San_Diego_Ca_92131
Unfortunately, it is located next to Stonebridge Parkway which is the main street into the Stonebridge development.
My impression is that these homes will not appreciate in value for a long time due to the location. Does anybody have an opinion?

[SD Realtor]

Hi Sunny

I am very familiar with Stonebridge as it literally is right down the street from where I live.

I believe your opinion is valid but personally I am a little more pessimistic about Stonebridge then some others may be. If you compare Stonebridge to say 4S you get much more home and much more lot in Stonebridge. However you do not have any of the nice infrastructure that 4S has. No new schools, no nice shopping mall, nothing of the sorts. Access into Stonebridge is poor.

We have seen dramatic reductions in Stonebridge dues to distress. I see that Stonebridge is particularly susceptible to future distress because of buyers who purchase there with little or no money down and toxic loan structures. If you can be patient you may find great deals later in 09 and beyond. I have shown quite a few places there so sit tight if you can or lowball bigtime. Beware though that the denial still runs deep there.

[SD Realtor]

Hi Sunny

I am very familiar with Stonebridge as it literally is right down the street from where I live.

I believe your opinion is valid but personally I am a little more pessimistic about Stonebridge then some others may be. If you compare Stonebridge to say 4S you get much more home and much more lot in Stonebridge. However you do not have any of the nice infrastructure that 4S has. No new schools, no nice shopping mall, nothing of the sorts. Access into Stonebridge is poor.

We have seen dramatic reductions in Stonebridge dues to distress. I see that Stonebridge is particularly susceptible to future distress because of buyers who purchase there with little or no money down and toxic loan structures. If you can be patient you may find great deals later in 09 and beyond. I have shown quite a few places there so sit tight if you can or lowball bigtime. Beware though that the denial still runs deep there.

[SD Realtor]

Hi Sunny

I am very familiar with Stonebridge as it literally is right down the street from where I live.

I believe your opinion is valid but personally I am a little more pessimistic about Stonebridge then some others may be. If you compare Stonebridge to say 4S you get much more home and much more lot in Stonebridge. However you do not have any of the nice infrastructure that 4S has. No new schools, no nice shopping mall, nothing of the sorts. Access into Stonebridge is poor.

We have seen dramatic reductions in Stonebridge dues to distress. I see that Stonebridge is particularly susceptible to future distress because of buyers who purchase there with little or no money down and toxic loan structures. If you can be patient you may find great deals later in 09 and beyond. I have shown quite a few places there so sit tight if you can or lowball bigtime. Beware though that the denial still runs deep there.

[SD Realtor]

Hi Sunny

I am very familiar with Stonebridge as it literally is right down the street from where I live.

I believe your opinion is valid but personally I am a little more pessimistic about Stonebridge then some others may be. If you compare Stonebridge to say 4S you get much more home and much more lot in Stonebridge. However you do not have any of the nice infrastructure that 4S has. No new schools, no nice shopping mall, nothing of the sorts. Access into Stonebridge is poor.

We have seen dramatic reductions in Stonebridge dues to distress. I see that Stonebridge is particularly susceptible to future distress because of buyers who purchase there with little or no money down and toxic loan structures. If you can be patient you may find great deals later in 09 and beyond. I have shown quite a few places there so sit tight if you can or lowball bigtime. Beware though that the denial still runs deep there.

[SD Realtor]

Hi Sunny

I am very familiar with Stonebridge as it literally is right down the street from where I live.

I believe your opinion is valid but personally I am a little more pessimistic about Stonebridge then some others may be. If you compare Stonebridge to say 4S you get much more home and much more lot in Stonebridge. However you do not have any of the nice infrastructure that 4S has. No new schools, no nice shopping mall, nothing of the sorts. Access into Stonebridge is poor.

We have seen dramatic reductions in Stonebridge dues to distress. I see that Stonebridge is particularly susceptible to future distress because of buyers who purchase there with little or no money down and toxic loan structures. If you can be patient you may find great deals later in 09 and beyond. I have shown quite a few places there so sit tight if you can or lowball bigtime. Beware though that the denial still runs deep there.

[ocrenter]

SDR, what would you say would be a decent $/sqft for one of the homes there?

[ocrenter]

SDR, what would you say would be a decent $/sqft for one of the homes there?

[ocrenter]

SDR, what would you say would be a decent $/sqft for one of the homes there?

[ocrenter]

SDR, what would you say would be a decent $/sqft for one of the homes there?

[ocrenter]

SDR, what would you say would be a decent $/sqft for one of the homes there?

[SD Realtor]

In my opinion I believe 200 psf is something that would be “decent” with some slop built in for the size of the lot and the location within the entire subdivision. I am a little concerned about the Sunrise Powerlink that will go through but I think they will just put up another set of lines adjacent to the current set that runs on the south boundary. I think one of the lamer places dropped into the mid 600’s awhile back but I don’t recall what it sold for. There is a pretty wide margain of quality between the lower and higher end homes in Stonebridge.

[SD Realtor]

In my opinion I believe 200 psf is something that would be “decent” with some slop built in for the size of the lot and the location within the entire subdivision. I am a little concerned about the Sunrise Powerlink that will go through but I think they will just put up another set of lines adjacent to the current set that runs on the south boundary. I think one of the lamer places dropped into the mid 600’s awhile back but I don’t recall what it sold for. There is a pretty wide margain of quality between the lower and higher end homes in Stonebridge.

[SD Realtor]

In my opinion I believe 200 psf is something that would be “decent” with some slop built in for the size of the lot and the location within the entire subdivision. I am a little concerned about the Sunrise Powerlink that will go through but I think they will just put up another set of lines adjacent to the current set that runs on the south boundary. I think one of the lamer places dropped into the mid 600’s awhile back but I don’t recall what it sold for. There is a pretty wide margain of quality between the lower and higher end homes in Stonebridge.

[SD Realtor]

In my opinion I believe 200 psf is something that would be “decent” with some slop built in for the size of the lot and the location within the entire subdivision. I am a little concerned about the Sunrise Powerlink that will go through but I think they will just put up another set of lines adjacent to the current set that runs on the south boundary. I think one of the lamer places dropped into the mid 600’s awhile back but I don’t recall what it sold for. There is a pretty wide margain of quality between the lower and higher end homes in Stonebridge.

[Author]

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