REO vs New

by | Dec 8, 2011 | Bubbleinfo TV, North County Coastal, REOs for sale | 4 comments

You have choices here – either you can buy a TM-built brand-new version of the same house, starting at $840,990 (they bought the tract after it was halfway built-out), or you can opt for this Davidson-built product from 2008 that just listed as an REO:

4 Comments

  2. no_techie
    no_techie on December 8, 2011 at 9:11 pm

    Generally, average quality honed and filled 18″ travertine flooring can be as inexpensive as $2 per sq. ft. at Home Depot or Lowes, while a travertine look 18″ porcelain tile with a PEI rating of at least 3 starts at about $4 sq. ft. at Arizona Tile.

    Of course, the real thing looks superior to the man made thing.

  3. David Overfield
    David Overfield on December 8, 2011 at 10:56 pm

    $4000 to upgrade the paint? Isn’t it the same work to paint off-white or tan? Seems like a money marker for the builder.

    I sort of like the door at the front to the courtyard, but not if I was carrying much stuff.

  4. Chuck Ponzi
    Chuck Ponzi on December 9, 2011 at 5:27 pm

    Is that ceramic or porcelain? If it’s porcelain, it looks like a pretty low quality. What a mistake.

    To NoTechnie’s point, the cost difference in natural stone is the amount of waste (slightly higher), and difficulty/time in getting rectified tile properly installed. When you have sloppy workers with little experience, non rectified porcelain is much more forgiving, cheaper to lay.

    Good quality labor was VERY difficult to find during the boom.

    Even now, they’re very expensive.

    Sad, looks like everything was cheaped out on that place.

    Chuck

Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest