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raptorduck
ParticipantI don’t know about your question on the numbers with respect to value etc, but I personally don’t get the value proposition of the higher elevation lots. They are indeed considered more valuable. But it takes so long to get up to the 1,400′ elevation and the views so vast as to loose the intricacy of detail, that I would never buy that high up. Down below, you have existing homes with amazing views, but not so high that you loose the detail, or so inconvenient that you dred the drive up to your house, particularly in the rain.
I saw a few amazing high quality homes up high, but preferred the very good quality homes below that I liked as striking a nice balance between view and convenience.
But then again, when I consdidered purchasing there, it was not as an investment, but as a long term home. Of course, life brings surprises so appreciation is still important to me, so I would expect your point to indeed contribute to the price pressures there. Which is one reason why I have been careful with offer prices there.
Sellers there, they seem to think the opposite of privatebanker that Cielo is not RSF and appear to feel that only Cielo is RSF with the prices they are asking right now, which really stand out as overpriced when you compare them to similarly sized homes in other parts of RSF (whether real or imagined).
raptorduck
ParticipantI don’t know about your question on the numbers with respect to value etc, but I personally don’t get the value proposition of the higher elevation lots. They are indeed considered more valuable. But it takes so long to get up to the 1,400′ elevation and the views so vast as to loose the intricacy of detail, that I would never buy that high up. Down below, you have existing homes with amazing views, but not so high that you loose the detail, or so inconvenient that you dred the drive up to your house, particularly in the rain.
I saw a few amazing high quality homes up high, but preferred the very good quality homes below that I liked as striking a nice balance between view and convenience.
But then again, when I consdidered purchasing there, it was not as an investment, but as a long term home. Of course, life brings surprises so appreciation is still important to me, so I would expect your point to indeed contribute to the price pressures there. Which is one reason why I have been careful with offer prices there.
Sellers there, they seem to think the opposite of privatebanker that Cielo is not RSF and appear to feel that only Cielo is RSF with the prices they are asking right now, which really stand out as overpriced when you compare them to similarly sized homes in other parts of RSF (whether real or imagined).
raptorduck
ParticipantI don’t know about your question on the numbers with respect to value etc, but I personally don’t get the value proposition of the higher elevation lots. They are indeed considered more valuable. But it takes so long to get up to the 1,400′ elevation and the views so vast as to loose the intricacy of detail, that I would never buy that high up. Down below, you have existing homes with amazing views, but not so high that you loose the detail, or so inconvenient that you dred the drive up to your house, particularly in the rain.
I saw a few amazing high quality homes up high, but preferred the very good quality homes below that I liked as striking a nice balance between view and convenience.
But then again, when I consdidered purchasing there, it was not as an investment, but as a long term home. Of course, life brings surprises so appreciation is still important to me, so I would expect your point to indeed contribute to the price pressures there. Which is one reason why I have been careful with offer prices there.
Sellers there, they seem to think the opposite of privatebanker that Cielo is not RSF and appear to feel that only Cielo is RSF with the prices they are asking right now, which really stand out as overpriced when you compare them to similarly sized homes in other parts of RSF (whether real or imagined).
raptorduck
ParticipantI don’t know about your question on the numbers with respect to value etc, but I personally don’t get the value proposition of the higher elevation lots. They are indeed considered more valuable. But it takes so long to get up to the 1,400′ elevation and the views so vast as to loose the intricacy of detail, that I would never buy that high up. Down below, you have existing homes with amazing views, but not so high that you loose the detail, or so inconvenient that you dred the drive up to your house, particularly in the rain.
I saw a few amazing high quality homes up high, but preferred the very good quality homes below that I liked as striking a nice balance between view and convenience.
But then again, when I consdidered purchasing there, it was not as an investment, but as a long term home. Of course, life brings surprises so appreciation is still important to me, so I would expect your point to indeed contribute to the price pressures there. Which is one reason why I have been careful with offer prices there.
Sellers there, they seem to think the opposite of privatebanker that Cielo is not RSF and appear to feel that only Cielo is RSF with the prices they are asking right now, which really stand out as overpriced when you compare them to similarly sized homes in other parts of RSF (whether real or imagined).
raptorduck
ParticipantI have noticed an increase in short sales, preforclosures, and forclosures in RSF for while now. I have even put an offer in on a forclosure and a short sale in recent months. I am also contacting slect owners in preforclosure.
There one house in RSF I would never buy, but that I have been watching do the price roller coaster ride for quite a while as it lists, relists, and obviously as the bank approves or reapproves a short sale price as it heads into forclosure. I toured this house last year and then it dissapeared and came back on the market at $700k more than it was when I toured it, then dropped to $500k more, then right up to $700k more again. Quite entertaining.
raptorduck
ParticipantI have noticed an increase in short sales, preforclosures, and forclosures in RSF for while now. I have even put an offer in on a forclosure and a short sale in recent months. I am also contacting slect owners in preforclosure.
There one house in RSF I would never buy, but that I have been watching do the price roller coaster ride for quite a while as it lists, relists, and obviously as the bank approves or reapproves a short sale price as it heads into forclosure. I toured this house last year and then it dissapeared and came back on the market at $700k more than it was when I toured it, then dropped to $500k more, then right up to $700k more again. Quite entertaining.
raptorduck
ParticipantI have noticed an increase in short sales, preforclosures, and forclosures in RSF for while now. I have even put an offer in on a forclosure and a short sale in recent months. I am also contacting slect owners in preforclosure.
There one house in RSF I would never buy, but that I have been watching do the price roller coaster ride for quite a while as it lists, relists, and obviously as the bank approves or reapproves a short sale price as it heads into forclosure. I toured this house last year and then it dissapeared and came back on the market at $700k more than it was when I toured it, then dropped to $500k more, then right up to $700k more again. Quite entertaining.
raptorduck
ParticipantI have noticed an increase in short sales, preforclosures, and forclosures in RSF for while now. I have even put an offer in on a forclosure and a short sale in recent months. I am also contacting slect owners in preforclosure.
There one house in RSF I would never buy, but that I have been watching do the price roller coaster ride for quite a while as it lists, relists, and obviously as the bank approves or reapproves a short sale price as it heads into forclosure. I toured this house last year and then it dissapeared and came back on the market at $700k more than it was when I toured it, then dropped to $500k more, then right up to $700k more again. Quite entertaining.
raptorduck
ParticipantI have noticed an increase in short sales, preforclosures, and forclosures in RSF for while now. I have even put an offer in on a forclosure and a short sale in recent months. I am also contacting slect owners in preforclosure.
There one house in RSF I would never buy, but that I have been watching do the price roller coaster ride for quite a while as it lists, relists, and obviously as the bank approves or reapproves a short sale price as it heads into forclosure. I toured this house last year and then it dissapeared and came back on the market at $700k more than it was when I toured it, then dropped to $500k more, then right up to $700k more again. Quite entertaining.
raptorduck
ParticipantI should note that RSF has roughly 50 “communities” that have a particular name, many, if not most, of which are gated and Cielo is in my top 5 among the gated communities, behind only Fairbanks Ranch, Diegueno Hills, the Crosby, and The Bridges overall, though, for my needs/tastes, I think I would pick living in Cielo over The Bridges and perhaps, depending on the home, The Crosby. My second favorite overall gated community, Santaluz, is not in RSF.
Of course I also don’t include those gated communities that are out of my $$ league and thus that they won’t even let me visit, like Tuscan Estates, River Estates, and Roxbury Estates.
raptorduck
ParticipantI should note that RSF has roughly 50 “communities” that have a particular name, many, if not most, of which are gated and Cielo is in my top 5 among the gated communities, behind only Fairbanks Ranch, Diegueno Hills, the Crosby, and The Bridges overall, though, for my needs/tastes, I think I would pick living in Cielo over The Bridges and perhaps, depending on the home, The Crosby. My second favorite overall gated community, Santaluz, is not in RSF.
Of course I also don’t include those gated communities that are out of my $$ league and thus that they won’t even let me visit, like Tuscan Estates, River Estates, and Roxbury Estates.
raptorduck
ParticipantI should note that RSF has roughly 50 “communities” that have a particular name, many, if not most, of which are gated and Cielo is in my top 5 among the gated communities, behind only Fairbanks Ranch, Diegueno Hills, the Crosby, and The Bridges overall, though, for my needs/tastes, I think I would pick living in Cielo over The Bridges and perhaps, depending on the home, The Crosby. My second favorite overall gated community, Santaluz, is not in RSF.
Of course I also don’t include those gated communities that are out of my $$ league and thus that they won’t even let me visit, like Tuscan Estates, River Estates, and Roxbury Estates.
raptorduck
ParticipantI should note that RSF has roughly 50 “communities” that have a particular name, many, if not most, of which are gated and Cielo is in my top 5 among the gated communities, behind only Fairbanks Ranch, Diegueno Hills, the Crosby, and The Bridges overall, though, for my needs/tastes, I think I would pick living in Cielo over The Bridges and perhaps, depending on the home, The Crosby. My second favorite overall gated community, Santaluz, is not in RSF.
Of course I also don’t include those gated communities that are out of my $$ league and thus that they won’t even let me visit, like Tuscan Estates, River Estates, and Roxbury Estates.
raptorduck
ParticipantI should note that RSF has roughly 50 “communities” that have a particular name, many, if not most, of which are gated and Cielo is in my top 5 among the gated communities, behind only Fairbanks Ranch, Diegueno Hills, the Crosby, and The Bridges overall, though, for my needs/tastes, I think I would pick living in Cielo over The Bridges and perhaps, depending on the home, The Crosby. My second favorite overall gated community, Santaluz, is not in RSF.
Of course I also don’t include those gated communities that are out of my $$ league and thus that they won’t even let me visit, like Tuscan Estates, River Estates, and Roxbury Estates.
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