Author Topic: Cadence Park - Great Park  (Read 29171 times)

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Offline USCTrojanCPA

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Re: Cadence Park - Great Park
« Reply #180 on: August 09, 2018, 09:14:43 PM »

I'm sorry. After looking in to these homes more. THAT price is NOT a first time home buying price.

You took the words right out of my mouth, or rather, my fingertips. However, I would really like to know who is buying these properties!

I'm curious about the Residence 2 with the detached garage -- so, where is the garage located? If you think hauling groceries up a flight of stairs is bad, imagine having to haul them from the outdoors when it's super hot or raining!

I can see how those floor plans may work for some people, perhaps those with roommates or extended family living with them. There's a bright side to everything, right? :)

Once the new home smell wears off the buyers of these 3-level condos will find out the it's more difficult renting and selling 3-level condos, especially of this size. 
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Offline IHS3000

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Re: Cadence Park - Great Park
« Reply #181 on: August 09, 2018, 10:43:15 PM »

I'm sorry. After looking in to these homes more. THAT price is NOT a first time home buying price.

You took the words right out of my mouth, or rather, my fingertips. However, I would really like to know who is buying these properties!

I'm curious about the Residence 2 with the detached garage -- so, where is the garage located? If you think hauling groceries up a flight of stairs is bad, imagine having to haul them from the outdoors when it's super hot or raining!

I can see how those floor plans may work for some people, perhaps those with roommates or extended family living with them. There's a bright side to everything, right? :)

Once the new home smell wears off the buyers of these 3-level condos will find out the it's more difficult renting and selling 3-level condos, especially of this size.

Are you focusing on the shortcomings of Prado or all 3 level condos (detached or attached)?

IMO, I am not a fan of the 3 level condo with the kitchen and living rooms on the second floor and main bedrooms on the third floor.

I looked at some detached 3 level condos with great views, efficient floor plans and main living areas on the first floors, like the Ellwood, Carlisle, Jade and Somerset, and they were nice: and they seem to be selling and renting well.
« Last Edit: August 09, 2018, 11:03:20 PM by IHS3000 »

Offline Kenkoko

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Re: Cadence Park - Great Park
« Reply #182 on: August 09, 2018, 11:19:44 PM »
Even 3 level detached homes are not doing so well. This is an Obsidian resale in Parasol park. I think Obsidian still has not sold out yet. Buyer's remorse already?

https://www.redfin.com/CA/Irvine/197-Stellar-92618/home/146014750


Offline USCTrojanCPA

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Re: Cadence Park - Great Park
« Reply #183 on: August 09, 2018, 11:49:14 PM »
Even 3 level detached homes are not doing so well. This is an Obsidian resale in Parasol park. I think Obsidian still has not sold out yet. Buyer's remorse already?

https://www.redfin.com/CA/Irvine/197-Stellar-92618/home/146014750



$1.3m + 3-levels + no driveway = difficult resale
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Offline USCTrojanCPA

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Re: Cadence Park - Great Park
« Reply #184 on: August 09, 2018, 11:51:42 PM »

I'm sorry. After looking in to these homes more. THAT price is NOT a first time home buying price.

You took the words right out of my mouth, or rather, my fingertips. However, I would really like to know who is buying these properties!

I'm curious about the Residence 2 with the detached garage -- so, where is the garage located? If you think hauling groceries up a flight of stairs is bad, imagine having to haul them from the outdoors when it's super hot or raining!

I can see how those floor plans may work for some people, perhaps those with roommates or extended family living with them. There's a bright side to everything, right? :)

Once the new home smell wears off the buyers of these 3-level condos will find out the it's more difficult renting and selling 3-level condos, especially of this size.

Are you focusing on the shortcomings of Prado or all 3 level condos (detached or attached)?

IMO, I am not a fan of the 3 level condo with the kitchen and living rooms on the second floor and main bedrooms on the third floor.

I looked at some detached 3 level condos with great views, efficient floor plans and main living areas on the first floors, like the Ellwood, Carlisle, Jade and Somerset, and they were nice: and they seem to be selling and renting well.

I (and many buyers) are not fans of 3-level homes where the living area is on the 2nd floor and bedrooms on the 3rd floor.  It's totally different if the living area is on the 1st floor and bedrooms on the 2nd floor while the 3rd floor has a deck and/or bonus room.
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Offline aquabliss

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Re: Cadence Park - Great Park
« Reply #185 on: August 10, 2018, 01:57:07 AM »
Even 3 level detached homes are not doing so well. This is an Obsidian resale in Parasol park. I think Obsidian still has not sold out yet. Buyer's remorse already?

https://www.redfin.com/CA/Irvine/197-Stellar-92618/home/146014750



Guessing no one ever lived here?  No window coverings!

Offline Kenkoko

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Re: Cadence Park - Great Park
« Reply #186 on: August 10, 2018, 12:11:12 PM »
Guessing no one ever lived here?  No window coverings!
Yeah. And it definitely looks like a speculation play gone bad. Look at this huge price drop listing price
Aug 10, 2018   
Price Changed
CRMLS #OC18137085   $1,188,888   
Jul 26, 2018   
Price Changed
CRMLS #OC18137085   $1,288,898   
Jun 8, 2018   
Listed (Active)
CRMLS #OC18137085   $1,374,888   

Offline irvinehomeowner

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Re: Cadence Park - Great Park
« Reply #187 on: August 10, 2018, 12:28:02 PM »
I just don't get why people don't look for resale at this price point.

Is being the first person to sit on the master toilet worth it?

(and you probably aren't the first, a contractor probably blessed it for you :) )
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Offline bones

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Re: Cadence Park - Great Park
« Reply #188 on: August 10, 2018, 01:29:47 PM »
Guessing no one ever lived here?  No window coverings!
Yeah. And it definitely looks like a speculation play gone bad. Look at this huge price drop listing price
Aug 10, 2018   
Price Changed
CRMLS #OC18137085   $1,188,888   
Jul 26, 2018   
Price Changed
CRMLS #OC18137085   $1,288,898   
Jun 8, 2018   
Listed (Active)
CRMLS #OC18137085   $1,374,888   

Was obsidian one of IHS’ projects?

Offline USCTrojanCPA

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Re: Cadence Park - Great Park
« Reply #189 on: August 10, 2018, 02:04:22 PM »
Even 3 level detached homes are not doing so well. This is an Obsidian resale in Parasol park. I think Obsidian still has not sold out yet. Buyer's remorse already?

https://www.redfin.com/CA/Irvine/197-Stellar-92618/home/146014750



Guessing no one ever lived here?  No window coverings!

Nope, you can tell it's definitely staged...no clothes in the closet and look at where they put the towels.
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Offline paperboyNC

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Re: Cadence Park - Great Park
« Reply #190 on: August 10, 2018, 02:34:49 PM »
If you want easy resale, when spending over $1 million on an orange county home that is anything but beachfront, only buy a true SFR with a full driveway and max two stories.

 

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