Author Topic: New Irvine house with small lot size  (Read 4517 times)

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Offline .

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New Irvine house with small lot size
« on: June 04, 2013, 11:17:48 AM »
I saw couple new model house in CV and SG.  However, their lot size is tiny.  Does anyone know why is this?  Old house in Irvine usually has a 5000 lot size.

I feel I am buy a condo with house price because of small lot size.

Thanks

Offline JasonTheArtist

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Re: New Irvine house with small lot size
« Reply #1 on: June 04, 2013, 11:26:37 AM »
Irvine.
“Beware of artists. They mix with all classes of society and are therefore most dangerous."

Offline qwerty

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Re: New Irvine house with small lot size
« Reply #2 on: June 04, 2013, 11:36:01 AM »
irvine company maximizing profits, they can build more homes per acre

Offline Homer_Simpson

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Re: New Irvine house with small lot size
« Reply #3 on: June 04, 2013, 11:45:47 AM »
irvine company maximizing profits, they can build more homes per acre

THIS!
#FARM

Offline test

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Re: New Irvine house with small lot size
« Reply #4 on: June 04, 2013, 12:18:52 PM »
Ripping you off because you let them.  As long as people keep buying small lot sizes they will keep building small lot sizes.  Just say no.

Offline quattroporte

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Re: New Irvine house with small lot size
« Reply #5 on: June 04, 2013, 12:39:57 PM »
Welcome to Irvine.

Offline Goriot

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Re: New Irvine house with small lot size
« Reply #6 on: June 04, 2013, 12:56:15 PM »
It's because people like me let them rip us off. ;) I think the land saved are used more for common grounds and parks in Irvine compared to other towns.  Irvine has most number of parks and common grounds relative to the total number of homes (good park to home ratio).  btw, I hate taking care of lawns, etc.  More water, gardener cost more, etc.  I rarely go out in the backyard.  I rather have more living space in door.

Offline snowblind40

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Re: New Irvine house with small lot size
« Reply #7 on: June 04, 2013, 01:02:11 PM »
Replace your HOA cost with the nominal cost of a gardener. 

Just purchased a home in fountain valley, 2600 sqft, 6500 sqft lot, driveway, large roads, nearby park in community, and 5 miles to beach!  Only $745k! Sure it is old but nothing a $100k Reno budget can't solve.  You know, all the money I made from selling my house at WTF prices in Irvine!
Standing atop the bubble and hoping it doesn't pop just yet!

Offline Homer_Simpson

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Re: New Irvine house with small lot size
« Reply #8 on: June 04, 2013, 01:04:28 PM »
Congrats Snowblind! I really like FV!
#FARM

Offline SoCal

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Re: New Irvine house with small lot size
« Reply #9 on: June 04, 2013, 01:09:22 PM »
gardener cost more,

That's what kids are for.

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Offline qwerty

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Re: New Irvine house with small lot size
« Reply #10 on: June 04, 2013, 01:18:15 PM »
it seems like some people have a sense of pride that they were ripped off by TIC. i dont understand it.

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Offline USCTrojanCPA

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Re: New Irvine house with small lot size
« Reply #11 on: June 04, 2013, 01:26:50 PM »
It's because people like me let them rip us off. ;) I think the land saved are used more for common grounds and parks in Irvine compared to other towns.  Irvine has most number of parks and common grounds relative to the total number of homes (good park to home ratio).  btw, I hate taking care of lawns, etc.  More water, gardener cost more, etc.  I rarely go out in the backyard.  I rather have more living space in door.
You can always build more living indoor space, you can't build more land.  Hence, land is more valuable that the structure of the home.   :P   If you have a bigger lot, you can build a bigger and better home than your neighbors.   8)
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Offline USCTrojanCPA

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Re: New Irvine house with small lot size
« Reply #12 on: June 04, 2013, 01:28:00 PM »
gardener cost more,

That's what kids are for.
Yup, my neighbors kids mow the lawn every two weeks and I see them doing other chores like putting out the trash cans.
Martin Mania, CPA
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Offline USCTrojanCPA

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Re: New Irvine house with small lot size
« Reply #13 on: June 04, 2013, 01:28:49 PM »
Martin Mania, CPA
AgencyOne
CA BRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!
Have license, will travel!

Offline JasonTheArtist

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Re: New Irvine house with small lot size
« Reply #14 on: June 04, 2013, 01:33:59 PM »
“Beware of artists. They mix with all classes of society and are therefore most dangerous."

 

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