Author Topic: Some quick observations as a buyer in Irvine  (Read 5750 times)

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Offline Mety

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Re: Some quick observations as a buyer in Irvine
« Reply #30 on: March 06, 2020, 03:24:30 pm »
WOW. You're actually right.

Last time I provided the price of $895k, which I found through Zillow, was on 2/27.

And they updated the price to $940k on 2/28.

I guess TIC is reading our posts.

Didn't you say that was from a December price in Zillow history?

Yes, they had that $895k until 2/27 in Zillow price history section which is the date I last chimed in that regard.

Then on 2/28, they updated the price. So I was one day late (or early) to know the latest deal.

You can check here - https://www.zillow.com/community/hillside/2084077591_zpid/

Offline Prototype

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Re: Some quick observations as a buyer in Irvine
« Reply #31 on: March 07, 2020, 07:43:48 am »
Checked Hillside recently. Love those backyards and open entrance in plan 3. New prices are around a million.

I also love the big backyard and 10' ceilings but felt that they could have added a 4th bedroom or loft for these, at the price point. IMHO.

Offline Agent Joe

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Re: Some quick observations as a buyer in Irvine
« Reply #32 on: March 07, 2020, 11:37:06 am »
If you don't mind a 3-story home, Great Park has some new detached condo options in that price range. I've noticed that often times it's easier to negotiate a good price on a new home with a builder vs negotiating with a private seller and his/her agent, less emotions involved I guess. For resale homes, look past the staging and cosmetic stuff and focus on the location and "bones" of the house. Emotional buyers often overpay for the superficial stuff (and screwing all the other rational buyers).
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Offline Mety

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Re: Some quick observations as a buyer in Irvine
« Reply #33 on: March 09, 2020, 05:05:28 pm »
I think 3-story home with the 3rd story being a bonus area is not bad. Bedrooms on a 3rd story could be kind of painful especially if you have kids. But if you're single or newly married, it could work fine I guess. I just wish GP didn't have such high Mello-Roos taxes.


Offline USCTrojanCPA

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Re: Some quick observations as a buyer in Irvine
« Reply #34 on: March 09, 2020, 07:56:31 pm »
I think 3-story home with the 3rd story being a bonus area is not bad. Bedrooms on a 3rd story could be kind of painful especially if you have kids. But if you're single or newly married, it could work fine I guess. I just wish GP didn't have such high Mello-Roos taxes.



Agreed, if the living area is on the first floor and the bedrooms are on the first and second floors then having a 3rd level bonus room/deck isn't too bad. 
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Offline Cornflakes

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Re: Some quick observations as a buyer in Irvine
« Reply #35 on: April 28, 2020, 03:50:51 pm »
It is hard to find an appropriate thread for this info. I figure it might be helpful for future buyers in GPN and current homeowners.

Offline Oregon Duck

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Re: Some quick observations as a buyer in Irvine
« Reply #36 on: April 29, 2020, 02:42:25 pm »
Random chime in. GP may have new facilities but yeah the high Mello-Roos, density, and 3 story homes makes it unattractive. You can get older properties at a lower price, lower tax rate, and bigger lot. New ADU laws also give you amazing options to to add livable space (rental, multi gen, etc.)



I think 3-story home with the 3rd story being a bonus area is not bad. Bedrooms on a 3rd story could be kind of painful especially if you have kids. But if you're single or newly married, it could work fine I guess. I just wish GP didn't have such high Mello-Roos taxes.

Offline irvinehomeowner

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Re: Some quick observations as a buyer in Irvine
« Reply #37 on: April 29, 2020, 02:57:41 pm »
3 is for garages... not stories. :)

But... with that being said... for a while there we were looking at 3CWGs with a 3rd story in Oak Creek... came very close to buying one but seller wanted more than our lowball and it didn't have a main floor bedroom for when I can't use the stairs anymore.
Once you go 3-car garage... your junk can never go back.
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