Vivo by Irvine Pacific at OH3

D

DrTravel

Active member
Starting a new thread for the "one that will sell the best" - the Petaluma successor at OH 3.

My price predictions from 8/2/17 were:

Vivo - smallest homes
Plan 1 1,811 SF  $989,000
Plan 2 2,010 SF  $1,049,000
Plan 3 2,077 SF  $1,089,000

Predicted price actually pretty close.
 

Attachments

  • Vivo Prices.jpg
    Vivo Prices.jpg
    43.3 KB · Views: 644
  • Vivo Site.jpg
    Vivo Site.jpg
    34.9 KB · Views: 454
  • Vivo HOA.jpg
    Vivo HOA.jpg
    40.2 KB · Views: 330
Here's the latest Price information from Petaluma so you calculate the price premium for OH3. Phase 36 all sold out  Looks like they have 4-5 phases left with 26 lots.
 

Attachments

  • Petaluma Prices.jpg
    Petaluma Prices.jpg
    40.6 KB · Views: 389
  • Petaluma Site.jpg
    Petaluma Site.jpg
    35 KB · Views: 239
Cool, thanks for the update. I wonder how much in builder upgrades are included in Vivo phase 1, given the asterisk.
 
Lot itself is not premium in terms of size but it does have a view.  But much of the view is of the hills adjacent NHS.  So in my opinion the view is not that great.
 
aquabliss said:
rickr said:
$900K for a 1684 sq feet and shared driveway.

Unbelievable

Getting Bubblicious
Click to expand...

This price looks like quite the bargain now.
Click to expand...

Maybe...but keep in mind that the S&P 500 is up 72% in that same time frame.  That $900K would now be worth over $1.5M if invested in an index fund with low fees. 
 
paydawg said:
aquabliss said:
rickr said:
$900K for a 1684 sq feet and shared driveway.

Unbelievable

Getting Bubblicious
Click to expand...

This price looks like quite the bargain now.
Click to expand...

Maybe...but keep in mind that the S&P 500 is up 72% in that same time frame.  That $900K would now be worth over $1.5M if invested in an index fund with low fees.
Click to expand...

With real estate you can be leveraged and have a more significant cash on cash return. Yes I understand you can leverage to some degree with stocks as well but then the risk is much greater in my opinion.
 
You must log in or register to reply here.
Back
Top