[asegal]

Thanks for your feedback. Interesting you should ask about Maricel… I’ve stopped there a few times to weigh my options. This community like everywhere else has pros and cons. It’s a nice little enclave of homes but I’m not in love with them.

Pros: Davidson built, looks nice for most objective viewers, new, next door to carmel valley, gated (if that matters), priced reasonably IMO. Price quotes are of base models with no major upgrades or views and dirt front/back yards.

The disadvantages: lacks community feel, fees don’t buy you anything, no parks or open space for kids to enjoy, nothing within walking distance where you’d actually care to walk to, open floor plan which means family room, kitchen, living room, and dining room are all in one room in shape of an L. This appears to be the new trend, but I haven’t adjusted to it. All but 3 houses are sold out in the current phase and all the view homes (models for example sell for $1.1 or more). That said there’s still opportunity if one doesn’t mind their backyard backing onto Carmel Valley Rd.

Still waiting for the “this is it” feeling…

what do you guys think is driving up home values? Is this temporary or the new norm?

[asegal]

sort of out of options… I agree with you about CV but a gem pops up once in a while. It’s definitely been a while since I’ve seen one and they are usually significantly pricier. 92127 corridor is full of mello-roos ranging from a few hundred to well over $1K p/month. That’s another $100K borrowing power for buyers. I’ve seen nice homes sell in the mid-800s to low 900s so I’m open to consideration there in low mello areas. You definitely caught the sweet spot in 2011. Sellers are pricing too aggressively right now charged by early signs of recovery and low inventory. If things don’t shape up, I’ll have to get comfortable renting. 🙂

[asegal]

Don’t get carried away because MR is not tax deductible… at least not legally. Still worth it in some 4S neighborhoods.

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