Stonebridge-what does the future bring?

[recordsclerk]

The buyer got a really good deal on Greenstone. I think the owners/flipper for Shadetree needs the higher end of the listing to make money and at least 1.1mil to break even. If only I could find something like these homes in the lower 600’s. I guess I will just have to dream for now and save money and wait for the next shoe to fall.

[Anonymous]

Just my opinion but I really don’t think there is much chance that a home like that (Shadetree) is going to drop into the $600K range. And I agree that Greenstone was an OK deal at $790K but I don’t think it was a steal if it backs to Stonebridge. I don’t think they have a lot of downside risk at this price. Buying a house is a balance of financial and lifestyle considerations. It is hard to find larger single level floor plans on decent sized lots in San Diego, particularly newer construction. I looked at that floorplan and liked it a lot.

Many of the homes on the market were “fully loaded” and I don’t think that many buyers are willing (or pften able) to pay for these options either now or likely in the future. But I don’t think $600K is realistic either, maybe $800-$850K for a fully loaded home like Shadetree?

Just as was pointed out in the earlier post where it was mentioned that buyers were not willing to pay much for Sq. Footage beyond the 3,000 range, I think that carries over to the upgrades. The days of tacking $100K-150K in upgrades at time of purchase are well past and the banks are not going to be financing it. If you want Wolf ranges or high end features you are likely going to have to pay cash.

So on a given street, I think the home pricing will be fairly consistent regardless of the upgrades. The home with all the upgrades may sell faster if priced near the base home but will not command a significant premium over the base home. At some point when we eventually return to a a sellers market then this might change but that seems to me to be a very distant event.

The home on Shadetree is a good example of the current situaion. It looks to be a great home with tons of upgrades but if you can buy other homes for $250K less are you even going to consider Shadetree? I believe there is a home on Old Creek that is at $995K that might be just as nice as Shadetree. So Shadetree seems to me to be wishful thinking by an underwater seller. Then again there might be that one buyer out there who loves the home, location and features and has the cash. If they can afford to wait and take the cash flow drain…

[Anonymous]

Just my opinion but I really don’t think there is much chance that a home like that (Shadetree) is going to drop into the $600K range. And I agree that Greenstone was an OK deal at $790K but I don’t think it was a steal if it backs to Stonebridge. I don’t think they have a lot of downside risk at this price. Buying a house is a balance of financial and lifestyle considerations. It is hard to find larger single level floor plans on decent sized lots in San Diego, particularly newer construction. I looked at that floorplan and liked it a lot.

Many of the homes on the market were “fully loaded” and I don’t think that many buyers are willing (or pften able) to pay for these options either now or likely in the future. But I don’t think $600K is realistic either, maybe $800-$850K for a fully loaded home like Shadetree?

Just as was pointed out in the earlier post where it was mentioned that buyers were not willing to pay much for Sq. Footage beyond the 3,000 range, I think that carries over to the upgrades. The days of tacking $100K-150K in upgrades at time of purchase are well past and the banks are not going to be financing it. If you want Wolf ranges or high end features you are likely going to have to pay cash.

So on a given street, I think the home pricing will be fairly consistent regardless of the upgrades. The home with all the upgrades may sell faster if priced near the base home but will not command a significant premium over the base home. At some point when we eventually return to a a sellers market then this might change but that seems to me to be a very distant event.

The home on Shadetree is a good example of the current situaion. It looks to be a great home with tons of upgrades but if you can buy other homes for $250K less are you even going to consider Shadetree? I believe there is a home on Old Creek that is at $995K that might be just as nice as Shadetree. So Shadetree seems to me to be wishful thinking by an underwater seller. Then again there might be that one buyer out there who loves the home, location and features and has the cash. If they can afford to wait and take the cash flow drain…

[Anonymous]

Just my opinion but I really don’t think there is much chance that a home like that (Shadetree) is going to drop into the $600K range. And I agree that Greenstone was an OK deal at $790K but I don’t think it was a steal if it backs to Stonebridge. I don’t think they have a lot of downside risk at this price. Buying a house is a balance of financial and lifestyle considerations. It is hard to find larger single level floor plans on decent sized lots in San Diego, particularly newer construction. I looked at that floorplan and liked it a lot.

Many of the homes on the market were “fully loaded” and I don’t think that many buyers are willing (or pften able) to pay for these options either now or likely in the future. But I don’t think $600K is realistic either, maybe $800-$850K for a fully loaded home like Shadetree?

Just as was pointed out in the earlier post where it was mentioned that buyers were not willing to pay much for Sq. Footage beyond the 3,000 range, I think that carries over to the upgrades. The days of tacking $100K-150K in upgrades at time of purchase are well past and the banks are not going to be financing it. If you want Wolf ranges or high end features you are likely going to have to pay cash.

So on a given street, I think the home pricing will be fairly consistent regardless of the upgrades. The home with all the upgrades may sell faster if priced near the base home but will not command a significant premium over the base home. At some point when we eventually return to a a sellers market then this might change but that seems to me to be a very distant event.

The home on Shadetree is a good example of the current situaion. It looks to be a great home with tons of upgrades but if you can buy other homes for $250K less are you even going to consider Shadetree? I believe there is a home on Old Creek that is at $995K that might be just as nice as Shadetree. So Shadetree seems to me to be wishful thinking by an underwater seller. Then again there might be that one buyer out there who loves the home, location and features and has the cash. If they can afford to wait and take the cash flow drain…

[Anonymous]

Just my opinion but I really don’t think there is much chance that a home like that (Shadetree) is going to drop into the $600K range. And I agree that Greenstone was an OK deal at $790K but I don’t think it was a steal if it backs to Stonebridge. I don’t think they have a lot of downside risk at this price. Buying a house is a balance of financial and lifestyle considerations. It is hard to find larger single level floor plans on decent sized lots in San Diego, particularly newer construction. I looked at that floorplan and liked it a lot.

Many of the homes on the market were “fully loaded” and I don’t think that many buyers are willing (or pften able) to pay for these options either now or likely in the future. But I don’t think $600K is realistic either, maybe $800-$850K for a fully loaded home like Shadetree?

Just as was pointed out in the earlier post where it was mentioned that buyers were not willing to pay much for Sq. Footage beyond the 3,000 range, I think that carries over to the upgrades. The days of tacking $100K-150K in upgrades at time of purchase are well past and the banks are not going to be financing it. If you want Wolf ranges or high end features you are likely going to have to pay cash.

So on a given street, I think the home pricing will be fairly consistent regardless of the upgrades. The home with all the upgrades may sell faster if priced near the base home but will not command a significant premium over the base home. At some point when we eventually return to a a sellers market then this might change but that seems to me to be a very distant event.

The home on Shadetree is a good example of the current situaion. It looks to be a great home with tons of upgrades but if you can buy other homes for $250K less are you even going to consider Shadetree? I believe there is a home on Old Creek that is at $995K that might be just as nice as Shadetree. So Shadetree seems to me to be wishful thinking by an underwater seller. Then again there might be that one buyer out there who loves the home, location and features and has the cash. If they can afford to wait and take the cash flow drain…

[Anonymous]

Just my opinion but I really don’t think there is much chance that a home like that (Shadetree) is going to drop into the $600K range. And I agree that Greenstone was an OK deal at $790K but I don’t think it was a steal if it backs to Stonebridge. I don’t think they have a lot of downside risk at this price. Buying a house is a balance of financial and lifestyle considerations. It is hard to find larger single level floor plans on decent sized lots in San Diego, particularly newer construction. I looked at that floorplan and liked it a lot.

Many of the homes on the market were “fully loaded” and I don’t think that many buyers are willing (or pften able) to pay for these options either now or likely in the future. But I don’t think $600K is realistic either, maybe $800-$850K for a fully loaded home like Shadetree?

Just as was pointed out in the earlier post where it was mentioned that buyers were not willing to pay much for Sq. Footage beyond the 3,000 range, I think that carries over to the upgrades. The days of tacking $100K-150K in upgrades at time of purchase are well past and the banks are not going to be financing it. If you want Wolf ranges or high end features you are likely going to have to pay cash.

So on a given street, I think the home pricing will be fairly consistent regardless of the upgrades. The home with all the upgrades may sell faster if priced near the base home but will not command a significant premium over the base home. At some point when we eventually return to a a sellers market then this might change but that seems to me to be a very distant event.

The home on Shadetree is a good example of the current situaion. It looks to be a great home with tons of upgrades but if you can buy other homes for $250K less are you even going to consider Shadetree? I believe there is a home on Old Creek that is at $995K that might be just as nice as Shadetree. So Shadetree seems to me to be wishful thinking by an underwater seller. Then again there might be that one buyer out there who loves the home, location and features and has the cash. If they can afford to wait and take the cash flow drain…

[recordsclerk]

The low 600’s is just wishful thinking on my part. Anything in the high 700’s with a decent lot is well worth it. It’s just out of my range for now. If I had the money I would have probaby purchased a home during the last phase of Davidson’s Scripps Preserve. Localguy bought during that phase. I also would have joined sdseeker at Viscaya. Congrats to both of you and hopefully some day I can become your neighbor.

[recordsclerk]

The low 600’s is just wishful thinking on my part. Anything in the high 700’s with a decent lot is well worth it. It’s just out of my range for now. If I had the money I would have probaby purchased a home during the last phase of Davidson’s Scripps Preserve. Localguy bought during that phase. I also would have joined sdseeker at Viscaya. Congrats to both of you and hopefully some day I can become your neighbor.

[recordsclerk]

The low 600’s is just wishful thinking on my part. Anything in the high 700’s with a decent lot is well worth it. It’s just out of my range for now. If I had the money I would have probaby purchased a home during the last phase of Davidson’s Scripps Preserve. Localguy bought during that phase. I also would have joined sdseeker at Viscaya. Congrats to both of you and hopefully some day I can become your neighbor.

[recordsclerk]

The low 600’s is just wishful thinking on my part. Anything in the high 700’s with a decent lot is well worth it. It’s just out of my range for now. If I had the money I would have probaby purchased a home during the last phase of Davidson’s Scripps Preserve. Localguy bought during that phase. I also would have joined sdseeker at Viscaya. Congrats to both of you and hopefully some day I can become your neighbor.

[recordsclerk]

The low 600’s is just wishful thinking on my part. Anything in the high 700’s with a decent lot is well worth it. It’s just out of my range for now. If I had the money I would have probaby purchased a home during the last phase of Davidson’s Scripps Preserve. Localguy bought during that phase. I also would have joined sdseeker at Viscaya. Congrats to both of you and hopefully some day I can become your neighbor.

[Dcsteele7]

Hello
Does anyone have information about the Poway Vulcan Materials mine and the permit that was open for questions in 2013? See link below. It looks like Beeler creek residents put up a fight in 2004. I’m wondering if Stonebridge residents are able to put up a tougher fight to stop future mining since there are more homes in Stonebridge. Do you think we are likely to see the mining company win or do you think there is a good chance the people will be able to stop mining for good?

Does anyone know what kind of impact mining operations may have on homes in Stonebridge, and specifically the homes that back up to Beeler creek. Noise, eyesore, dust, pollution, etc.? Are the homes at an elevation such that noise would have minimal impact on the homes above the mine? How did the Mira Mesa Vulcan mine affect homes on the rim of the mine? Does anyone have experience with Mira Mesa homes near the mine or Beeler creek homes and the poway mine?

http://www.usace.army.mil/Portals/17/doc…

Thanks in advance for your inputs!

[sunny88]

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