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Old 03-19-2017, 04:54 PM
 
9,265 posts, read 8,266,348 times
Reputation: 7613

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What's wrong with something like this?


https://www.zillow.com/homedetails/3...11629744_zpid/

or this...

http://www.realtor.com/realestateand...9_M51171-99713

or this...

http://www.realtor.com/realestateand...9_M52473-05085

or this...

http://www.realtor.com/realestateand...9_M56444-35271

or this...

http://www.realtor.com/realestateand...9_M68556-15514

or this...

http://www.realtor.com/realestateand...9_M61289-54309

or this...

http://www.realtor.com/realestateand...9_M64319-86704

or this...

http://www.realtor.com/realestateand...9_M64846-91663

or this...

http://www.realtor.com/realestateand...9_M69944-80677

or this...

http://www.realtor.com/realestateand...9_M63790-09606

or this...

http://www.realtor.com/realestateand...0_M58336-38098

If you got rid of the 3-car garage requirement, it'd open up TONS of options.

Last edited by m378; 03-19-2017 at 05:22 PM..
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Old 03-19-2017, 06:53 PM
 
Location: My House
34,938 posts, read 36,241,994 times
Reputation: 26552
Quote:
Originally Posted by m378 View Post
Some people just need a 3-car garage. We have 4 cars and could really use a 4-car garage at the moment.

I cannot imagine having any kids who are about to drive in my house and not having a 3-car garage if it was in the budget.

Ditto having an older family member at home who still drives and having to park in the driveway, IF I was looking in neighborhoods with homes up around 750k.
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Old 03-19-2017, 06:59 PM
 
9,265 posts, read 8,266,348 times
Reputation: 7613
Quote:
Originally Posted by RedZin View Post
Some people just need a 3-car garage. We have 4 cars and could really use a 4-car garage at the moment.

I cannot imagine having any kids who are about to drive in my house and not having a 3-car garage if it was in the budget.

Ditto having an older family member at home who still drives and having to park in the driveway, IF I was looking in neighborhoods with homes up around 750k.
Pffffft just be like my neighbors who park in the street at all times without a single crap being given. Sometimes on both sides of the road.

But yeah - tandem parking is a pain I agree.
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Old 03-19-2017, 09:04 PM
 
Location: My House
34,938 posts, read 36,241,994 times
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Quote:
Originally Posted by m378 View Post
Pffffft just be like my neighbors who park in the street at all times without a single crap being given. Sometimes on both sides of the road.

But yeah - tandem parking is a pain I agree.
That would be incredibly aggravating. At any given time overnight in my neighborhood there are between 0 and 2 cars parked on the road. It's a rarity. I prefer it that way.
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Old 03-19-2017, 10:20 PM
 
12 posts, read 12,674 times
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Quote:
Originally Posted by JaPaKoMom View Post
Isn't there a plan for Green Level Church Rd to be changed and routed around the east side of Southerlyn? I thought I had seen something to that effect. For me, if I had $750,000 for a home, it would not be on an Emerald home. I would look at a custom builder.
Thanks for the info. I do actually see a road in between of the phase I and phase II of this neighborhood. I didn't realize it to be a outside street (thought it an inside road within the neighborhood) and not even imagine it could be the new green level church road! If this is true, would it also hurt the value of phase II as well (phase II will be on the east of this new road). I do wish to find out more information of this project, where should I look for it?
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Old 03-21-2017, 06:57 AM
 
326 posts, read 384,750 times
Reputation: 379
Quote:
Originally Posted by puppyhoney View Post
However, right after our contract they changed the whole product line, basically all the previous models are discontinued and the base price of new models are less than before but look less attracting. For example, the previous models all have 10 ft ceiling on the ground level compared to 9 ft for the new models. I am worrying that the dropped price and new models would affect the whole value of the neighborhood.
1) The market is pretty hot right now and these guys have to drop their price points? This ought to be a huge, red flashing warning sign to you! That means they're selling a product at a price that people don't want to buy.

2) You are right to be worried the dropped price is going to affect the whole value of the neighborhood. Flash forward a few years to when all these lower priced houses have been built. Resale buyers aren't going to care if a house was built in Phase 1 or Phase 2. All the recent comps will be at these lower price points and it will have a drag on the pricing in the whole neighborhood. Home values reflecting recent sales is a fact of life and you should use it to your advantage--buy into a neighborhood where new construction prices keep going up, not the other way around.

3) $750K for a production home from DR Horton--are you freaking kidding me?

With all apologies to the folks that already live there, take those three things together and I'd be running from this neighborhood as fast as I could! There are so many better options in West Cary.
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Old 03-21-2017, 08:27 AM
 
12 posts, read 12,674 times
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Quote:
Originally Posted by tkeru408 View Post
1) The market is pretty hot right now and these guys have to drop their price points? This ought to be a huge, red flashing warning sign to you! That means they're selling a product at a price that people don't want to buy.

2) You are right to be worried the dropped price is going to affect the whole value of the neighborhood. Flash forward a few years to when all these lower priced houses have been built. Resale buyers aren't going to care if a house was built in Phase 1 or Phase 2. All the recent comps will be at these lower price points and it will have a drag on the pricing in the whole neighborhood. Home values reflecting recent sales is a fact of life and you should use it to your advantage--buy into a neighborhood where new construction prices keep going up, not the other way around.

3) $750K for a production home from DR Horton--are you freaking kidding me?

With all apologies to the folks that already live there, take those three things together and I'd be running from this neighborhood as fast as I could! There are so many better options in West Cary.
I probably didn't make myself clear. My budget is up to 750K but this one is around 650K max (probably still too high for DR Hortons).

Thanks for the points you made, it totally makes sense. We will reconsider it.
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Old 03-21-2017, 09:11 AM
 
9,265 posts, read 8,266,348 times
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Any comments on all the houses I found for you that fit your criteria?

...boy I could never cut it as a realtor. lol
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Old 03-21-2017, 09:16 AM
 
Location: My House
34,938 posts, read 36,241,994 times
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Quote:
Originally Posted by puppyhoney View Post
I probably didn't make myself clear. My budget is up to 750K but this one is around 650K max (probably still too high for DR Hortons).

Thanks for the points you made, it totally makes sense. We will reconsider it.
This isn't a place to cut corners. If the deal looks too good to be true, that's because it is.
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Old 03-21-2017, 09:23 AM
 
12 posts, read 12,674 times
Reputation: 10
Quote:
Originally Posted by m378 View Post
Any comments on all the houses I found for you that fit your criteria?

...boy I could never cut it as a realtor. lol
Actually we did check out one today and couldn't make our minds yet. But they are good list!
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