It seems that overall real estate sales have slowed. Not just in OH.
The price range in the Groves might amplify the trend-- there's a smaller pool of potential buyers.
I wonder if China's efforts to slow cash outflow might be having an impact.
But, yeah, it's a little concerning.
That's part of the problem.
I dont have an EV, but chances are good that I (or one of the kids) will buy an EV at some point in the future.
I dont know if charging station equipment is standardized so that getting what the builder is selling makes sense or not.
Both homes- meaning 3000 sf in both Capella and NPC?
If so, it sounds like you found a very good deal in NPC.
You wont have a problem with the deposit?
Do you need to install any special equipment for charging?
When we get to electrical, my builder is offering "50Amp dedicated circuit for electric car charger- includes 50A breaker, #6 wire and NEMA 6-50 receptacle."
I'm not sure if this is necessary and couldn't get a straight answer from...
Hummed Battle Hymn of the Republic while reading this.
Unfortunately, I'm sure most people care more about their property values or Keeping up with the Kardashians for that matter.
I'm a few days behind on this, but saw Tues. headline "Hedge fund manager cries over Herbalife."
Is this at the same time he was saying he had a smoking gun?
The ability to do upgrades over time is not unique to resale though.
With a new home, you can always take all standard/minimal upgrades and upgrade over time.
The only major cash outlay you must make is for landscaping/hardscaping, but you can take up to year after COE to get that done.
If you...
If you're in the $1.7M range, you're looking at product with much bigger lots in OH.
Capella, the #valuvlg of the Groves, is the only product with small lots (abt. 4k) on the gated side.
Actually, I don't think OSguy is #category4. He's actually good people, if a little misunderstood.
Just let the sarcasm roll off your back or, if you want to hit back, hit him where it hurts. #NPhighdensityhousing
The other consideration in favor of NPC is that it is pretty much built out.
So, what you see is what you get.
With Irvine, there's a huge influx of homes, high density product, and low income housing coming online in the near future.
What impact will this have on the schools, property values...
Wasn't me. #notbatshitdelusional
That being said, can you get a 3K sf tear down in NPC for anything close to $1.4ish?
If you have the scratch to buy that kind of home in NPC and do the reno, it's a slam dunk that even Lin might be able to make.
I guess that could be a problem if you actually use the fireplace and have an older constructed home. (Like a relic in NP ;) )
But in new construction, fireplaces are really just gas appliances that vent out several feet beneath where you'd hang the TV.
So, I could be wrong, but I dont think...
Dig up the marketing for NP, I'm sure it was sold as luxury as well.
I've seen resale there as high as $1.7M range with thermafoil.
Maybe luxury is truly in the eye of the beholder. #deepthoughts #cerealboxphilosophy