House prices in telfair (Sugar Land, Orchard: real estate, to buy, live in)

[Maya123]

You might want to try Village and Hiland homes and you should be able to negotiate some models to your price range. good luck

[revive]

I respectfully disagree.

If you buy a 10-15 year old home in a comparably good location, ie. First Colony or New Territory, you may pay less than Telfair. But once you fix/upgrade it to bring it to Telfair/new home standard, you'll end up paying about the same.

Originally Posted by JamesLang

IMO, Telfair homes are overpriced.

[Topaz]

Originally Posted by revive

If you buy a 10-15 year old home in a comparably good location, ie. First Colony or New Territory, you may pay less than Telfair. But once you fix/upgrade it to bring it to Telfair/new home standard, you'll end up paying about the same.

I think you may be right. I live in an older home in New Territory and every month we find something else that would cost $10K to repair/upgrade.

[Ideo]

I got an email from David Weekley sales a few weeks ago. One Morton model (2500 sq. ft.) was back in the market because the buyer walked away. After discount, the house was priced $327K. I have occasionally visited Telfair and really don't think you can find 3000 sq. ft. with that price. You may want to consider the new road that will connect University Blvd. when you choose a lot. You may not want to live next to that noisy road.

[ZeroTX]

100k buys a lot of upgrades. Only in HGTV-land is that a paltry sum, hehe.

[jimmyhere1]

Good news. Telfair prices are falling. I got emails from Davidweekly , Perry homes and Trend makers.

Perry: asking 399K ( was 470K): asking 519K (was 620K)
DW asking 529K + 6% off (was 601K); asking 614K + 6% off (was 710K)

so looks like they are down 20% from the asking price already + you can always negotiate another 10% down. So if you have 500K budget, you can really look for 700K house and negotiate it down to 500K....Hurraayyyyyy

[EasilyAmused]

Originally Posted by jimmyhere1

Good news. Telfair prices are falling. I got emails from Davidweekly , Perry homes and Trend makers.

Perry: asking 399K ( was 470K): asking 519K (was 620K)
DW asking 529K + 6% off (was 601K); asking 614K + 6% off (was 710K)

so looks like they are down 20% from the asking price already + you can always negotiate another 10% down. So if you have 500K budget, you can really look for 700K house and negotiate it down to 500K....Hurraayyyyyy

Gee, that's not how the housing crisis started or anything........

[dyson boy]

I agree with JamesLang Telfair is way overpriced.

[icon7]

I actually know which homes these are the 399 Perry, has been sitting there for quite a while because it has a lot of power lines and transformers in the backyard. the 519K is the one next to the utilities, i do not know which one the DW was. But I do think if you want a deal inventory is the way to go, they built a bunch because over the summers they did not have enough ready to move in homes for all the people relocating. Now, it is just glut inventory.

Originally Posted by jimmyhere1

Good news. Telfair prices are falling. I got emails from Davidweekly , Perry homes and Trend makers.

Perry: asking 399K ( was 470K): asking 519K (was 620K)
DW asking 529K + 6% off (was 601K); asking 614K + 6% off (was 710K)

so looks like they are down 20% from the asking price already + you can always negotiate another 10% down. So if you have 500K budget, you can really look for 700K house and negotiate it down to 500K....Hurraayyyyyy

[AK123]

One of the large Perry models built in Telfair is also built in Old Orchard just a few short miles away, north of New Territory, for about $100k less. And has lower taxes. Parkwood Builders has some lots with views of the Houstonian Golf Club course. I realize Old Orchard/Orchard Lake Estates isn't quite as upscale or well-located as Telfair, but they're pretty darn nice (and still have excellent FBISD schools). I think these are a few of the area's hidden gems as far as newer neighborhoods...