Blog post by nilam:http://www.irvinehousingblog.com/blog/comments/closed-sales-from-3-1-2012-to-3-7-2012
See anything interesting? The $12.8MM Shady Canyon home at 44 Blue Heron closed for $1119/sq ft. Last week, a similarly sized home, 23 Cactus, closed for $541/sq ft. Blue Heron is on a larger lot (.92 versus .57 acres) and is located on the south side whereas 23 Cactus is on the north (closer to the 'tract' homes). Is that the main reason for the difference in price? Does it have anything to do with the quality of construction or views?
See anything interesting? The $12.8MM Shady Canyon home at 44 Blue Heron closed for $1119/sq ft. Last week, a similarly sized home, 23 Cactus, closed for $541/sq ft. Blue Heron is on a larger lot (.92 versus .57 acres) and is located on the south side whereas 23 Cactus is on the north (closer to the 'tract' homes). Is that the main reason for the difference in price? Does it have anything to do with the quality of construction or views?