Author Topic: Cetara Orchard Hills The Groves Shea Homes  (Read 108428 times)

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Offline scubasteve

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #630 on: October 23, 2021, 12:04:11 PM »
I actually got called about lot 35 but passed at $3.1mm;  all others sold out.

Offline TestingIrvine

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #631 on: October 23, 2021, 12:09:30 PM »
TIC has absolute control over all these builders including pricing.

My non-Irvine Pacific builder couldn’t sign off on paperwork one time because the TIC employee who approved pricing was on vacation.

TIC approves every single detail (minor or small) on Orchard Hills, Eastwood, PS even for other builders.

Offline trematix

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #632 on: October 23, 2021, 01:57:43 PM »
I actually got called about lot 35 but passed at $3.1mm;  all others sold out.


Lot 35 was last lot left? When did you get on priority list? Interesting to see how far down it went.

Offline JadedOne

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #633 on: October 23, 2021, 02:02:56 PM »
Very curious about pricing going forward as next phase is all premium lots. The phases after that go back to smaller lots but many will have a slightly larger side yard. That extra side yard was only a $10k premium in Phase 1 but I'm guessing it'll be more now.

Offline sleepy5136

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #634 on: October 23, 2021, 02:16:36 PM »
TIC has absolute control over all these builders including pricing.

My non-Irvine Pacific builder couldn’t sign off on paperwork one time because the TIC employee who approved pricing was on vacation.

TIC approves every single detail (minor or small) on Orchard Hills, Eastwood, PS even for other builders.
This is accurate as I talked to a shea homes agent before and they constantly mention how they get pressured by Irvine company to raise the prices to such extremes.

You can easily see it by looking at the teresina community price history on Zillow. Their price increases are not as extreme. Shea tends to be conservative on their base prices in general.

Offline scubasteve

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #635 on: October 23, 2021, 03:33:22 PM »
I actually got called about lot 35 but passed at $3.1mm;  all others sold out.


Lot 35 was last lot left? When did you get on priority list? Interesting to see how far down it went.

Jan ‘21; I have a feeling a lot of people are getting priced out (myself included)

Offline trematix

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #636 on: October 23, 2021, 06:53:37 PM »
Very curious about pricing going forward as next phase is all premium lots. The phases after that go back to smaller lots but many will have a slightly larger side yard. That extra side yard was only a $10k premium in Phase 1 but I'm guessing it'll be more now.

I think side yard premium will be the least of anyones worries. If these premium lots are selling in the 3.1-3.4 range, you can only imagine what the base sized lots will be priced at going forward because there’s still one more phase before the base size lots. 

Offline mythicquest

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #637 on: October 28, 2021, 01:08:06 PM »
I wonder how many people were called but passed due to the price now. Based on scubasteve being a Jan lister and getting called for this, it would seem they've passed quite a few months pretty quickly...

Offline trematix

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #638 on: October 28, 2021, 01:56:30 PM »
I wonder how many people were called but passed due to the price now. Based on scubasteve being a Jan lister and getting called for this, it would seem they've passed quite a few months pretty quickly...

Over 3 def thins out the buyer pool. Next phase is also premium lots then back to base lots which I assume will go back in the 2's

Offline trematix

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #639 on: November 04, 2021, 12:09:54 PM »
What's the opinion on the floating stairs? ANY ROI on that? They are charging about $52,000 for the floating stairs and glass rails. They def make the great room seem bigger.

Offline USCTrojanCPA

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #640 on: November 04, 2021, 01:29:37 PM »
What's the opinion on the floating stairs? ANY ROI on that? They are charging about $52,000 for the floating stairs and glass rails. They def make the great room seem bigger.

A home is a place is to live first and foremost so if you like the stairs get them and don't worry about the ROI if you are going to own the home longer term.  Don't option the home for your future buyer.
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Offline CalBears96

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #641 on: November 04, 2021, 01:51:45 PM »
What's the opinion on the floating stairs? ANY ROI on that? They are charging about $52,000 for the floating stairs and glass rails. They def make the great room seem bigger.

A home is a place is to live first and foremost so if you like the stairs get them and don't worry about the ROI if you are going to own the home longer term.  Don't option the home for your future buyer.

I agree. If you're going to live in the home for a long time, then choose the option that you will be happy with. My wife loves glass rails, so we're going to do that.

Offline scubasteve

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #642 on: November 04, 2021, 02:58:13 PM »
What's the opinion on the floating stairs? ANY ROI on that? They are charging about $52,000 for the floating stairs and glass rails. They def make the great room seem bigger.

Did you get the Plan2 from the last phase?!

Offline trematix

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #643 on: November 04, 2021, 04:55:39 PM »
What's the opinion on the floating stairs? ANY ROI on that? They are charging about $52,000 for the floating stairs and glass rails. They def make the great room seem bigger.

Did you get the Plan2 from the last phase?!

No, i purchased previous to that. I wouldve been priced out in Phase 10.

Offline scubasteve

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Re: Cetara Orchard Hills The Groves Shea Homes
« Reply #644 on: November 04, 2021, 04:59:29 PM »
Awesome!

Get the stairs and enjoy it.  It will seem cheap later given where inflation is heading!



What's the opinion on the floating stairs? ANY ROI on that? They are charging about $52,000 for the floating stairs and glass rails. They def make the great room seem bigger.

Did you get the Plan2 from the last phase?!

No, i purchased previous to that. I wouldve been priced out in Phase 10.

 

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