hs_teacher_IHB
New member
I'm pretty sure that's a typo - definitely should have a 2-car garage.
Villages of Columbus - Columbus Square - Cambridge Lane
- Thread starter zovall_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
asianinvasian_IHB
New member
It's a typo. If you click on the floorplan it has 2 car garage.
Trooper_IHB
New member
asianinvasion......by any chance do you also post as IRVINTEEEE ? Very similar style.
IRVINITEEEE_IHB
New member
UH NO THAT PERSON IS NOT ME, SINCE WHEN DO I POST LIKE THAT ?
Trooper_IHB
New member
Quit yellin'. I was just asking.
IRVINITEEEE_IHB
New member
Oh, no I wasn't yelling, I just already had my caps lock on haha.
socalhousingbubble_IHB
New member
I wonder if a few select Cambridge Lane units lose the lottery and only get a one car instead of two car garage.
Not sure, just wondering.
SCHB
Not sure, just wondering.
SCHB
IRVINITEEEE_IHB
New member
Hmm, maybe so SCHB. Alot of communities have certain homes that have special features or lack some.
jbatzmaru_IHB
New member
does anyone have any update? pricing?
Residence 1- $374,990
Residence 2- 359,990
Residence 3- 419,990
Residence 5- 434,990
Residence 6- 522,990
Some plans come with 2-car driveways. Plans 3, 5 and 6 come with 2 car garages.
$20,000 incentive that can be used towards buy-down, upgrades or closing costs if you qualify with their lender.
Prices are pretty reasonable, especially with the incentive. They are about to finish selling out of phase 4 with 7 phases total.
We compared Cambridge Lane to Camden Place and even though the square footage is a bit smaller, the floorplans overall are pretty open and comfortable, in our opinion. We the price and the neighborhood make it more appealing than Camden Place.
Residence 2- 359,990
Residence 3- 419,990
Residence 5- 434,990
Residence 6- 522,990
Some plans come with 2-car driveways. Plans 3, 5 and 6 come with 2 car garages.
$20,000 incentive that can be used towards buy-down, upgrades or closing costs if you qualify with their lender.
Prices are pretty reasonable, especially with the incentive. They are about to finish selling out of phase 4 with 7 phases total.
We compared Cambridge Lane to Camden Place and even though the square footage is a bit smaller, the floorplans overall are pretty open and comfortable, in our opinion. We the price and the neighborhood make it more appealing than Camden Place.
jbatzmaru_IHB
New member
KD_B
have you notice that the price change is not much compare to what they had in the past. the only one that i see that they dropped the price on is the 1bedroom. everything thing else is the same. Thanks for the update.
have you notice that the price change is not much compare to what they had in the past. the only one that i see that they dropped the price on is the 1bedroom. everything thing else is the same. Thanks for the update.
hs_teacher_IHB
New member
What do you think the prices will bottom out at including incentives? I think...
Residence 1- $374,990 $315K
Residence 2- 359,990 $300K
Residence 3- 419,990 $350K
Residence 5- 434,990 $375K
Residence 6- 522,990 $450K
I think a new condo should go from 300K to $450K.
Residence 1- $374,990 $315K
Residence 2- 359,990 $300K
Residence 3- 419,990 $350K
Residence 5- 434,990 $375K
Residence 6- 522,990 $450K
I think a new condo should go from 300K to $450K.
jbatzmaru_IHB
New member
i don't think it will go that low.... due to too many stupid people out there. hahahhaaaa but who knows... it might. there are people still buying right now without any incentives. 20k for closing cost is not good incentives compare to 11/1/2007 they were offering 75k in incentives plus upgrade. mello roos and hoa is pretty high for tustin school district imo
hs_teacher_IHB
New member
Here we go with Tustin again. Has anyone looked at the OC Register article on income? Columbus Square is in the 92782 zip code. That zip code has a higher average income than most of Irvine.
As for prices, I'm not sure what most people think, but for me, I think the market will only normalize once you can buy a decent condo for 300k and a decent house for 450k.
Perhaps in Irvine, it should be 350k/500k.
As for prices, I'm not sure what most people think, but for me, I think the market will only normalize once you can buy a decent condo for 300k and a decent house for 450k.
Perhaps in Irvine, it should be 350k/500k.
Well, if you add the $20k incentive, it brings the prices to:
Residence 1: $354,990
Residence 2: $339,990
Residence 3: $399,990
Residence 5: $414,990
Residence 6: $502,990
That is, of course, purchasing a home with just the standard features. However, if you plan to live there for a while, then you can always add upgrades later. I am constantly looking at comprably sized resale homes in the Tustin and Irvine area and the resale homes I've found are still a tad more expensive. Of course, you still have to factor in HOA and Mello Roos.
Side note:
I was sitting at home feeling bad about the cost of housing here one night, when I turned the tv on and watched a program on HGTV about home appraisals. A property (if you can call it that) in New York City was one of the features. It was a 600sq. ft. studio appraised at $650k. Absolutely outrageous! But that's the standard there for housing. Also, some friends of mine in San Francisco are having an even harder time, so I suppose in retrospect, we have to accept that at some level, we do pay a premium for the area we live in. We will never have Inland Empire pricing.
Residence 1: $354,990
Residence 2: $339,990
Residence 3: $399,990
Residence 5: $414,990
Residence 6: $502,990
That is, of course, purchasing a home with just the standard features. However, if you plan to live there for a while, then you can always add upgrades later. I am constantly looking at comprably sized resale homes in the Tustin and Irvine area and the resale homes I've found are still a tad more expensive. Of course, you still have to factor in HOA and Mello Roos.
Side note:
I was sitting at home feeling bad about the cost of housing here one night, when I turned the tv on and watched a program on HGTV about home appraisals. A property (if you can call it that) in New York City was one of the features. It was a 600sq. ft. studio appraised at $650k. Absolutely outrageous! But that's the standard there for housing. Also, some friends of mine in San Francisco are having an even harder time, so I suppose in retrospect, we have to accept that at some level, we do pay a premium for the area we live in. We will never have Inland Empire pricing.
socalhousingbubble_IHB
New member
Orange County's median will drop to below the IE peak. So, no we'll never have IE pricing at the same time. I'm happy to be patient and eventually get an OC home for less than the previously silly IE price.
SCHB
SCHB
jbatzmaru_IHB
New member
HS-teacher- higher income doesn't mean better school. look at laguna beach mediam income. you would expect top notch school right? anyways.... all i am saying is that tustin border line santa ana too much and that the school gets mix with santa ana. that is all.
hs_teacher_IHB
New member
Laguna Beach High is actually is a pretty darn good school. I'm saying that the 92780 Tustin borders central Santa Ana. The 92782 borders Irvine and the foothills.
Homes in Tustin Ranch are much more expensive than the average Irvine home.
Other than that, it's a consensus among educators that socio-economics have a significant effect on school performance.
I think that all the following zip codes have better than average schools.
City
Zip
Income
Newport Coast
92657
$475,756.71
Corona Del Mar
92625
$280,317.01
Newport Beach
92660
$258,733.14
Newport Beach
92658
$237,335.66
Villa Park
92861
$209,376.76
Laguna Beach
92651
$205,514.54
Newport Beach
92661
$203,042.82
Surfside
90743
$190,692.95
Trabuco Canyon
92679
$166,016.54
Irvine
92603
$162,424.66
Newport Beach
92662
$148,500.30
Newport Beach
92663
$148,296.35
Irvine
92623
$123,654.85
San Juan Capistrano
92693
$120,910.86
San Clemente
92673
$113,793.17
Laguna Hills
92653
$113,668.73
Irvine
92618
$112,528.04
Yorba Linda
92887
$111,447.88
Tustin
92782
$109,949.44
Irvine
92614
$108,921.20
Sunset Beach
90742
$107,885.46
Fullerton
92838
$107,176.71
Newport Beach
92659
$106,261.94
Ladera Ranch
92694
$106,059.97
Dana Point
92629
$103,806.23
San Juan Capistrano
92675
$101,991.43
Laguna Niguel
92677
$101,644.82
Anaheim
92817
$100,574.74
Homes in Tustin Ranch are much more expensive than the average Irvine home.
Other than that, it's a consensus among educators that socio-economics have a significant effect on school performance.
I think that all the following zip codes have better than average schools.
City
Zip
Income
Newport Coast
92657
$475,756.71
Corona Del Mar
92625
$280,317.01
Newport Beach
92660
$258,733.14
Newport Beach
92658
$237,335.66
Villa Park
92861
$209,376.76
Laguna Beach
92651
$205,514.54
Newport Beach
92661
$203,042.82
Surfside
90743
$190,692.95
Trabuco Canyon
92679
$166,016.54
Irvine
92603
$162,424.66
Newport Beach
92662
$148,500.30
Newport Beach
92663
$148,296.35
Irvine
92623
$123,654.85
San Juan Capistrano
92693
$120,910.86
San Clemente
92673
$113,793.17
Laguna Hills
92653
$113,668.73
Irvine
92618
$112,528.04
Yorba Linda
92887
$111,447.88
Tustin
92782
$109,949.44
Irvine
92614
$108,921.20
Sunset Beach
90742
$107,885.46
Fullerton
92838
$107,176.71
Newport Beach
92659
$106,261.94
Ladera Ranch
92694
$106,059.97
Dana Point
92629
$103,806.23
San Juan Capistrano
92675
$101,991.43
Laguna Niguel
92677
$101,644.82
Anaheim
92817
$100,574.74
asianinvasian_IHB
New member
More asians mean better school. All the top schools have the highest asian student percentage.
graphrix_IHB
New member
higher income doesn't mean better school. look at laguna beach mediam income. you would expect top notch school right?
I hope... that Irvine schools teach what a capital letter is, and that median is spelled with a N at the end. Not only that, but I hope they teach basic research, and how citing a source is the best way to prove any credibility.
Here are the SAT results for OC. I find it interesting, that Laguna Unified has a higher percentage of students with over 1500 scores, than Irvine Unified does. That puts Laguna in the top five schools, with Uni at #1, and CDM (a high income area) at #2.
You can pay your premium for Irvine schools. I on the other hand, will pay a premium for the beach. Either way... it doesn't matter, most of the time it depends on the parent/s, on how well their kid/s do in school. Those that depend on the schools making their kids great, will be doomed to fail. Granted, the higher percentage over a 1500 score gives a student a better chance, even if the averages are better, but that just means there are a few stand outs that skew the numbers.
Oh... look, OC school of the arts is right there too, higher that Irvine Unified, above Irvine High, and right behind Woodbridge High.
I hope... that Irvine schools teach what a capital letter is, and that median is spelled with a N at the end. Not only that, but I hope they teach basic research, and how citing a source is the best way to prove any credibility.
Here are the SAT results for OC. I find it interesting, that Laguna Unified has a higher percentage of students with over 1500 scores, than Irvine Unified does. That puts Laguna in the top five schools, with Uni at #1, and CDM (a high income area) at #2.
You can pay your premium for Irvine schools. I on the other hand, will pay a premium for the beach. Either way... it doesn't matter, most of the time it depends on the parent/s, on how well their kid/s do in school. Those that depend on the schools making their kids great, will be doomed to fail. Granted, the higher percentage over a 1500 score gives a student a better chance, even if the averages are better, but that just means there are a few stand outs that skew the numbers.
Oh... look, OC school of the arts is right there too, higher that Irvine Unified, above Irvine High, and right behind Woodbridge High.