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Post by Bill on Jun 20, 2007 10:53:06 GMT -8
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Post by francis12 on Jun 22, 2007 21:28:24 GMT -8
Bill, what do you mean by suspicious? I think that house is in the right price.
This house is a Copperwoods. The Sagewoods have higher basic standards than Wildwoods. The Copperwoods have higher basic standards than both Sagewoods and Wildwoods.
I you was one of the first buyers are going to remember that in between the basic prices were 25% to 30% difference in each of the neighborhoods. Copperwoods upgrades or not are the more quality homes.
If some Sagewoods were sold at more of $900,000, apply that 30% because of the quality plus the square footage difference. You are going to find that the price is not high. Remember this is a Copperwoods home.
More, in Garnet Hills they sold at similar price without the landscaping. By otherwise Mountains Cove is a better location.
More, DO YOU KNOW THAT THE NEXT PHASE OF GARNET HILLS IS GOING TO START IN THE 2,000,000. YES, 2,000,000 AND UP!
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Post by DavieBoi on Jun 26, 2007 19:36:43 GMT -8
I hope it sells for that; but it wont sell for that amount tomorrow.. or probably for a while. MC is a unique setting; however, with the market at this time ... it won't sell for that amount. But the sellers better not let it go for a steal!!! That messes everything up!
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Post by annabanana on Jul 1, 2007 23:53:51 GMT -8
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az
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Post by az on Jul 2, 2007 17:19:00 GMT -8
Why are there so many people who want to move out of Mountain Cove? Are the snakes and wild animals that bad? The owner of the Poppyglen Court House has an awesome home, but why sell?
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Post by annabanana on Jul 2, 2007 20:56:19 GMT -8
Why are there so many people who want to move out of Mountain Cove? Are the snakes and wild animals that bad? The owner of the Poppyglen Court House has an awesome home, but why sell? I don't know why they want to sell. However, there are over 300 homes in Mountain Cove. I don't think that there are a lot of homes for sale (with the exception of River Rock) when compared with the national and local statistics. I would not say that the rate is higher than any where else. I think that more homes are for sale on River Rock because they were built during the same period. Some may have loans that they need to get out of. See the following graph: bp0.blogger.com/_pMscxxELHEg/Rol4phgnIuI/AAAAAAAAAqI/9HUwIT3hAek/s1600-h/Starts+Inventory.jpg |
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Post by Neel on Jul 8, 2007 0:16:57 GMT -8
i think some people are selling trying to make as much $$ as they can in case the housing markets takes a fall.
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Post by Bill on Jul 11, 2007 14:18:45 GMT -8
Bill, what do you mean by suspicious? I think that house is in the right price. This house is a Copperwoods. The Sagewoods have higher basic standards than Wildwoods. The Copperwoods have higher basic standards than both Sagewoods and Wildwoods. I you was one of the first buyers are going to remember that in between the basic prices were 25% to 30% difference in each of the neighborhoods. Copperwoods upgrades or not are the more quality homes. If some Sagewoods were sold at more of $900,000, apply that 30% because of the quality plus the square footage difference. You are going to find that the price is not high. Remember this is a Copperwoods home. More, in Garnet Hills they sold at similar price without the landscaping. By otherwise Mountains Cove is a better location. More, DO YOU KNOW THAT THE NEXT PHASE OF GARNET HILLS IS GOING TO START IN THE 2,000,000. YES, 2,000,000 AND UP! When I wrote "suspicious" I meant I was suspicious that the price listed was a typo. I still think the price is too high. Your valuation methodology for pricing this house seems to be based still as if these were new homes being sold by a developer. What about using price / sq. ft, current trends and local comps? All that to say, if it sells in the next 6 months for that price I will gladly eat my words and you won't see me complaining. The listing that annabanana posted is amazing - wow $1.46M, that's $451/sq ft. |
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