And a connection at IMPAC says the market is coming back in July. So we’re looking at another “Inverted Year!” Where is Gary Watts these days, anyway? ——-
Posted by Anon on 04/11/07 at 05:50 AM
This house looks cute and all, but why would anyone pay that much $ to live east of the 5? I don’t get it.
I’d be very interested in the home if it was in the 900k range… (as crazy as that may be).
Posted by Irvine_Native on 04/11/07 at 07:03 AM
I’m not a fan of Woodbury. 3800 square feet on a 6000 lot is silly. For this kind of money you can get a fantastic home in Turtle Rock, which is the #1 neighborhood in Irvine IMO. Sure, the homes aren’t new there, but that is a bonus in my book.
When these flippers price their homes, do they even bother to look at what else is available in Irvine for their asking price? No one will pay anywhere near asking on this home. If they do, well then they get what the deserve.
Posted by mah on 04/11/07 at 07:38 AM
Gary “in the bag” Watts (aka delusional fool) being interviewed by Bruce Norris. Gary seems to believe all our problems here in Orange County are short lived, and we’re different than the surrounding counties. LOL
This is the 2nd part:
http://www.tngacademy.com/Media/10-TNG Radio - Gary Watts 4-7-07.mp3
Posted by JoonB on 04/11/07 at 09:24 AM
I really like the family room- it looks big compared to the tiny family rooms i’ve been seeing.
I don’t know what the obsession is with Woodbury, imho. It’s flat and seems too isolated to me. I think the homes look nice, but the location is too far! If you work in Newport Beach, the commute is too long! I’d rather go to Aliso Viejo and get a home in a gated community and take the toll road.
Posted by IrvineR on 04/11/07 at 09:25 AM
why pay this much when you can buy an ocean view home in Newport Coast for slightly higher price
what does the seller think
Posted by Recocering Homeowner on 04/11/07 at 10:43 AM
According to the dictionary, “Shepard” is the last name of an American astronaut. Hence the price - out of this world!
If the owner had bought on a street called Shepherd (person who leads sheep), he would be entitled to price his home appropriately to attract the sheeple. This is clearly a case of false advertising and he will not get his price.
Posted by MMG on 04/11/07 at 12:03 PM
with all due respect to everyone here, I live next to woodburry. this house with is worth no more than 750k in my opinion, for the following reasons:
1. as someone above stated"5 beds and 6 baths take away too much of the usable sq footage.”
2.tiny lot. small backyard.
3.NO View.
4. HOA and Mello Roos ....high.
5. Prices dropping—> at this point if you can afford anything above 600k you are taking a big gamble with you money. In a few short month your downpayment (if you put any) would be wiped out and some.
just one man’s opinion.
Posted by PricelessIrvine on 04/11/07 at 01:17 PM
Why is that price so outragous? [L=realator.com]http://www.realtor.com/FindHome/HomeListings.asp?locallnk=yes&frm=bymap&mnbed=0&mnbath=0&mnprice=1750000&mxprice=99999999&js=off&pgnum=1&lnksrc=&fid=so&stype=&mnsqft=&mls=xmls&areaid=12221&poe=realtor&ct=Irvine&st=CA&sbint=&vtsort=&sorttype=&typ=1&typ=2&typ=4&x=73&y=17[/L] 114 houses listed in Irvine that are more than $1,750,000 and some of them are almost 30 years old.
Posted by k.o. on 04/12/07 at 10:01 AM
Wow, people agreeing that Woodbury is overrated and really not that special?
A $400K increase in a year is just INSANE. Unless they put in a gold plated fountain that spews diamonds, its just not worth it. (Not that 1.4 mil was worth it when they bought the place in ‘06).
Seriously, how much do you need to make in order to afford this place? And then assume that you will be using all the rooms. Let’s say you have enough kids/dependents to fill 4 of those rooms. Dang, thats a lot of expenditure just for furniture to go into this place!
Posted by Mr Vincent on 04/11/07 at 06:42 AM
The Good: Curb appeal from the front.
The Bad: Unless the builders are aiming at multi-generation families, 5 beds and 6 baths take away too much of the usable sq footage.
Interior is rather bland looking.
The ugly: Lot is way too small at 6000 sq ft. Side yards are too tight. Backyard is very uninviting.
The asking price is insane. This should be a $900k house.
Posted by oc_fliptrack on 04/11/07 at 05:47 AM
First!
And a connection at IMPAC says the market is coming back in July. So we’re looking at another “Inverted Year!” Where is Gary Watts these days, anyway?
——-
Posted by Anon on 04/11/07 at 05:50 AM
This house looks cute and all, but why would anyone pay that much $ to live east of the 5? I don’t get it.
Posted by GrewUpInIrvine on 04/11/07 at 06:50 AM
I’d be very interested in the home if it was in the 900k range… (as crazy as that may be).
Posted by Irvine_Native on 04/11/07 at 07:03 AM
I’m not a fan of Woodbury. 3800 square feet on a 6000 lot is silly. For this kind of money you can get a fantastic home in Turtle Rock, which is the #1 neighborhood in Irvine IMO. Sure, the homes aren’t new there, but that is a bonus in my book.
When these flippers price their homes, do they even bother to look at what else is available in Irvine for their asking price? No one will pay anywhere near asking on this home. If they do, well then they get what the deserve.
Posted by mah on 04/11/07 at 07:38 AM
Gary “in the bag” Watts (aka delusional fool) being interviewed by Bruce Norris. Gary seems to believe all our problems here in Orange County are short lived, and we’re different than the surrounding counties. LOL
This is the 2nd part:
http://www.tngacademy.com/Media/10-TNG Radio - Gary Watts 4-7-07.mp3
Posted by JoonB on 04/11/07 at 09:24 AM
I really like the family room- it looks big compared to the tiny family rooms i’ve been seeing.
I don’t know what the obsession is with Woodbury, imho. It’s flat and seems too isolated to me. I think the homes look nice, but the location is too far! If you work in Newport Beach, the commute is too long! I’d rather go to Aliso Viejo and get a home in a gated community and take the toll road.
Posted by IrvineR on 04/11/07 at 09:25 AM
why pay this much when you can buy an ocean view home in Newport Coast for slightly higher price
what does the seller think
Posted by Recocering Homeowner on 04/11/07 at 10:43 AM
According to the dictionary, “Shepard” is the last name of an American astronaut. Hence the price - out of this world!
If the owner had bought on a street called Shepherd (person who leads sheep), he would be entitled to price his home appropriately to attract the sheeple. This is clearly a case of false advertising and he will not get his price.
Posted by MMG on 04/11/07 at 12:03 PM
with all due respect to everyone here, I live next to woodburry. this house with is worth no more than 750k in my opinion, for the following reasons:
1. as someone above stated"5 beds and 6 baths take away too much of the usable sq footage.”
2.tiny lot. small backyard.
3.NO View.
4. HOA and Mello Roos ....high.
5. Prices dropping—> at this point if you can afford anything above 600k you are taking a big gamble with you money. In a few short month your downpayment (if you put any) would be wiped out and some.
just one man’s opinion.
Posted by PricelessIrvine on 04/11/07 at 01:17 PM
Why is that price so outragous? [L=realator.com]http://www.realtor.com/FindHome/HomeListings.asp?locallnk=yes&frm=bymap&mnbed=0&mnbath=0&mnprice=1750000&mxprice=99999999&js=off&pgnum=1&lnksrc=&fid=so&stype=&mnsqft=&mls=xmls&areaid=12221&poe=realtor&ct=Irvine&st=CA&sbint=&vtsort=&sorttype=&typ=1&typ=2&typ=4&x=73&y=17[/L] 114 houses listed in Irvine that are more than $1,750,000 and some of them are almost 30 years old.
Posted by k.o. on 04/12/07 at 10:01 AM
Wow, people agreeing that Woodbury is overrated and really not that special?
A $400K increase in a year is just INSANE. Unless they put in a gold plated fountain that spews diamonds, its just not worth it. (Not that 1.4 mil was worth it when they bought the place in ‘06).
Seriously, how much do you need to make in order to afford this place? And then assume that you will be using all the rooms. Let’s say you have enough kids/dependents to fill 4 of those rooms. Dang, thats a lot of expenditure just for furniture to go into this place!