Author Topic: Eastwood is way over priced  (Read 92865 times)

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Offline msuum

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Re: Eastwood is way over priced
« Reply #15 on: February 07, 2016, 03:43:46 AM »
Here is the price sheet for Petaluma:

Plan1
Homesite2: $811,212
Homesite5: $780,372
Homesite8: $785,158


Plan2
Homesite3: $849,992
Homesite4: $812,171
Homesite9: $830,617

Plan3
Homesite1: $869,454
Homesite6: $829,571
Homesite7: $831,906

Pricing includes options and upgrade

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Offline B2FiNiTY

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Re: Eastwood is way over priced
« Reply #16 on: February 07, 2016, 03:49:06 AM »
@inc what about the outside of the home? I was told by the builders agents that for detached condos, the exterior of the home is not the owners and as such, the HOA is responsible for all upkeeping and insurance. Also as a result the homeowners insurance is much lower compared to a SFR.

Offline lnc

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Re: Eastwood is way over priced
« Reply #17 on: February 07, 2016, 08:29:33 AM »
@inc what about the outside of the home? I was told by the builders agents that for detached condos, the exterior of the home is not the owners and as such, the HOA is responsible for all upkeeping and insurance. Also as a result the homeowners insurance is much lower compared to a SFR.

It also has to depends on specific detach condo and their situation varies a lot. 

The Saratoga's set up is exactly same as the Terrezza's and there is only one HOA and they are treated more like a SFR than a condo. 

There's other detach condo with two HOA and one pay for the master community and the second HOA pay for the common area of the condo.  And these are treated more like a condo even if they are detached.  Jade Court is one example of this type.

And there are many that fall in between these two setup.  BTW, which  development are you refer to?

Offline TRNeighbor

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Re: Eastwood is way over priced
« Reply #18 on: February 07, 2016, 08:32:20 AM »
@inc what about the outside of the home? I was told by the builders agents that for detached condos, the exterior of the home is not the owners and as such, the HOA is responsible for all upkeeping and insurance. Also as a result the homeowners insurance is much lower compared to a SFR.

That may be true if there are Sub-Association dues (specific neighborhood), which would cover outside structure maintenance and repairs.   If you only pay Master Association dues (Village), then I believe the homeowner is responsible for structural maintenance and repairs, in addition to fire insurance.

Offline NewtoIrvine1

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Re: Eastwood is way over priced
« Reply #19 on: February 07, 2016, 02:56:45 PM »
starting 800k.... Wow 458 $/Sqft  - 466

Offline yes2

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Re: Eastwood is way over priced
« Reply #20 on: February 07, 2016, 03:05:50 PM »
Marin Pricing

Residence 1 (3 bed/2.5 1948 - 1971 sqft)
HS 34 $898445
HS 37 $891537
HS 57 $884785

Residence 1Y (3 bed/2.5 2244 sqft)
HS 54 $963594

Residence 2 (4 bed/ 3 2155 sqft)
HS 35 $959538
HS 36 $959592
HS 55 $960926
HS 56 $958737

Pricing includes upgrades and options.

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Offline Goriot

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Re: Eastwood is way over priced
« Reply #21 on: February 07, 2016, 03:58:53 PM »
Marin Pricing

Residence 1 (3 bed/2.5 1948 - 1971 sqft)
HS 34 $898445
HS 37 $891537
HS 57 $884785

Residence 1Y (3 bed/2.5 2244 sqft)
HS 54 $963594

Residence 2 (4 bed/ 3 2155 sqft)
HS 35 $959538
HS 36 $959592
HS 55 $960926
HS 56 $958737

Pricing includes upgrades and options.

What are typical lot sizes for Marin and Pateluma?

Offline ps9

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Re: Eastwood is way over priced
« Reply #22 on: February 07, 2016, 04:50:08 PM »
Who's got Belvedere pricing?  And is the mello locked or 2%?

Offline lnc

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Re: Eastwood is way over priced
« Reply #23 on: February 07, 2016, 05:06:18 PM »
What are typical lot sizes for Marin and Pateluma?

Marin is a four-pack detached condo,(a motor court set up similar to Mairgold) and average total lot size for a 4-pack unit is 9812 sq.ft.  So average about 2453 sq.ft for each unit.

Petaluma is a six-pack detached condo similar to Jasmine and average lot size for a 6-pack unit is 14,609 sq.ft.  Average about 2435 sq.ft. per unit. 

Also regarding to ownership of land etc..  In Marigold and Jasmine's case, there's only one HOA and HOA do take care the common area but owner also own the land.  I would assume Marin and Petaluma's situation are exactly the same. 

Can someone confirm whether Marin and Petaluma has one or two HOAs. 

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Offline AW

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Re: Eastwood is way over priced
« Reply #24 on: February 07, 2016, 05:46:40 PM »
Who's got Belvedere pricing?  And is the mello locked or 2%?
Yes, curious about the delayed sets, belvedere, Piedmont,..
Based on the current $/sq ft of Petaluma and Marin = wow?

Offline TRNeighbor

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Re: Eastwood is way over priced
« Reply #25 on: February 07, 2016, 08:21:05 PM »



Also regarding to ownership of land etc..  In Marigold and Jasmine's case, there's only one HOA and HOA do take care the common area but owner also own the land.  I would assume Marin and Petaluma's situation are exactly the same. 


Owning the land is great if you can do anything you want to it, however that is not the case under the mighty grip of TIC.  Not sure if 'owning the land' is worth the extra costs.

Offline Rizdak

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Re: Eastwood is way over priced
« Reply #26 on: February 07, 2016, 08:58:59 PM »
How do you access the front door for Marin plans 2 and 2x? Seems they are the rear units and require you to walk through the motorcourt?

What are typical lot sizes for Marin and Pateluma?

Marin is a four-pack detached condo,(a motor court set up similar to Mairgold) and average total lot size for a 4-pack unit is 9812 sq.ft.  So average about 2453 sq.ft for each unit.

Petaluma is a six-pack detached condo similar to Jasmine and average lot size for a 6-pack unit is 14,609 sq.ft.  Average about 2435 sq.ft. per unit. 

Also regarding to ownership of land etc..  In Marigold and Jasmine's case, there's only one HOA and HOA do take care the common area but owner also own the land.  I would assume Marin and Petaluma's situation are exactly the same. 

Can someone confirm whether Marin and Petaluma has one or two HOAs.

Offline hello

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Re: Eastwood is way over priced
« Reply #27 on: February 07, 2016, 09:41:14 PM »
Correct me if I am wrong, but I am seeing tiny lots and high prices.  So basically its like taking the worst parts of Capella (small lots) and BP (high prices) and putting them into one product. 

Ill take a stab and say this development is going to flop hard...

Offline Oregon Duck

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Re: Eastwood is way over priced
« Reply #28 on: February 07, 2016, 10:42:37 PM »
Stopped in and all models parking lots were full of pre release buyers and their agents. 

Offline ChasingRainbows

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Re: Eastwood is way over priced
« Reply #29 on: February 08, 2016, 12:32:33 AM »
Since Petaluma is similar to Jasmine, and Marin is similar to Marigold and Corte Bella, does anyone have the latest pricing for Jasmine, Marigold, and Corte Bella, or the last phase pricing if these three are sold out?


 

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