U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-29-2009, 01:03 PM
 
8 posts, read 31,772 times
Reputation: 10

Advertisements

Is the castleHills North 40's and 50's worth the price of 300K for a 3000sft 4bed room home ?

How good is American legend homes or Mercedes homes builder in this community ?
Reply With Quote Quick reply to this message

 
Old 03-29-2009, 05:34 PM
 
Location: Dallas/Fort Worth, Texas
4,139 posts, read 13,456,472 times
Reputation: 2556
Castle Hills is a wonderful community. You won't regret. However, here's some info about Merdeces's recent bankruptcy filing.

Homebuilder-Bankruptcy.com Mercedes Homes - Liquidity through Use of Lenders’ Cash Collateral (http://www.homebuilder-bankruptcy.com/2009/03/mercedes-homes-liquidity-through-use-of-lenders-cash-collateral/ - broken link)

American Legends Homes is owned by the Bright family which has a lot of assets in the area. I don't have much to say about them. I have only sold 3 of their homes in the past few years experience and my clients were happy. I think they have only been in the Real Estate building part for about 5 years.

Naima
Reply With Quote Quick reply to this message
 
Old 03-29-2009, 05:42 PM
 
Location: DFW - Coppell / Las Colinas
31,816 posts, read 36,486,800 times
Reputation: 38269
American Legend is a good builder. Mercedes is struggling but many builders are also. I believe Mercedes pulled out of that community and maybe David Weekly is going to fill the void.

I say go for it. Great Location.
Reply With Quote Quick reply to this message
 
Old 03-29-2009, 06:41 PM
 
1,491 posts, read 4,645,927 times
Reputation: 947
They are selling so fast they must be worth it. Huge price increase is coming soon due to four to five sales per week without the streets even being poured yet!

American Legend was one of the finalists for Homebuilder of the Year last night for the Great Dallas Area Homebuildes Assoc. awards. They have good financial backing and should be around a long time.
Reply With Quote Quick reply to this message
 
Old 03-29-2009, 07:51 PM
 
8 posts, read 31,772 times
Reputation: 10
Default pricing

Thank you all so much for you responses.

The question in specific is that, just across the street (few blocks away on standridge) from the castle hills north community there are a lot of homes selling for less than $70 per sqft. This castle hills community doesnt connect into the castlehills by roads atleast for now.... I dont get it how this community can price for $100 per sqft ???
Reply With Quote Quick reply to this message
 
Old 03-29-2009, 09:05 PM
 
Location: DFW - Coppell / Las Colinas
31,816 posts, read 36,486,800 times
Reputation: 38269
Hopefully you're buying quality. For $70 a sq ft you would get a pretty cheaply built house. Not many builders can build at that price without sacrificing quality.

What other builder are you considering ?
Reply With Quote Quick reply to this message
 
Old 03-29-2009, 09:49 PM
 
8 posts, read 31,772 times
Reputation: 10
Drees , Centex and Pulte.

Last edited by dallasDeepBlue; 03-29-2009 at 09:58 PM..
Reply With Quote Quick reply to this message
 
Old 03-29-2009, 10:03 PM
 
Location: DFW - Coppell / Las Colinas
31,816 posts, read 36,486,800 times
Reputation: 38269
These 2 builders build homes for what I refer to as "for their stockholders" and not their clients. Both are struggling financially (many are).

Centex is OK but IMO they build a big box. A lot of sq footage for a cheap price. You should be more pleased with American Legend if you're looking for design and architecture.

If you are just needing a big home Centex & Pulte will fit the bill. Be sure & get a home inspection on any home you buy, even new construction.

Of the 3 you mentioned I would go with Drees but usually their prices are also a little higher since they add quality into their construction. Looking at Drees website I don't see where they are building in the CH area.
Reply With Quote Quick reply to this message
 
Old 03-29-2009, 10:12 PM
 
8 posts, read 31,772 times
Reputation: 10
drees are building on the standridge drive too. (may be not in Castle hills area)
Reply With Quote Quick reply to this message
 
Old 03-29-2009, 10:32 PM
 
Location: DFW - Coppell / Las Colinas
31,816 posts, read 36,486,800 times
Reputation: 38269
If you can build a Drees home at the price that works, I'd encourage you to go for it. Good well earned reputation.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 04:32 AM.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top