Toxicity 2

Written by Jim the Realtor

April 4, 2012

These guys have plunked out three sales plus the low-incomer, and are offering up to 6% in buyer incentives, which apparently isn’t enough when others are blowing off the market. They should just lower the price instead. Of the eight available, only two are under $1,095,000:

12 Comments

  1. Mitesh Damania

    The only house that made sense was the one bought by the investor. A million dollars for THAT? LOL!! YEAH, the bubble still hasn’t popped.

  2. Alex

    Way too much hallway

  3. avgjoe

    They really doll up those model homes. Unfortunately the base models are often stripped down with basic material. Then they want you to go to a design center and pick up highly marked up options. This is where they make a lot of their money.

  4. Richard

    Did they forget to put the stucco on the outside of those houses, or is painted plywood now “good enough” ?

  5. Profhoff

    Agree with Richard. Houses don’t look finished. The whole effect is not “million dollar community.” as I was watching the video I was surprised when you said the built houses were ready I sell. They look like a random collection of boxes stacked up on a plain street. The insides seem ok enough but not $1 mil + ok. Maybe low 900s?

    Beacons Leucadia just dropped the two loser houses on the end so they are now in the 800s. They used to be close to a million. People aren’t stupid. (well, most aren’t).

  6. Amy P

    Except for the funny greyish laminate floors and the charcoal kitchen backsplash (someone’s going to hate that very soon), I like the look. It’s neutral and inoffensive without being monochrome. Good use of watery blues and marble (and I normally don’t care for a lot of natural stone). There isn’t the overwhelming use of travertine or granite that I think is probably doomed to look dated very quickly. Less is more in the staging. I look at this and I think “I could live here,” not “Wow! There’s so much stuff in this house.”

  7. Just some guy

    i had to stop watching after you went into the master bedroom.

    here are three things that jump out at me:

    1.) “engineered, part laminate” is now considered an upgrade!??!

    2.) the builder used a lot of windows because they want to encourage potential residents to spend time outdoors? did they forget where these homes are located?!

    3.) there are Gap bags in the closet?! seriously!??! that is how they stage a house for potential high end clients?! How hard is it to get a Nordstrom’s or Neiman Marcus bag?!?

    amateurs….

  8. Sol

    “no ones died yet”, Jim you are in rare form today.

  9. Amy P

    “1.) “engineered, part laminate” is now considered an upgrade!??!”

    Good catch.

  10. College Joe

    The guy does have a point. Our house is BUILT on old soil from an avocado farm and I’m sure they weren’t using all organic materials back in the 1930s.

  11. Jeeman

    For every distressed Covenant property under $1M that JtR tours and makes me shudder at what is going on in RSF, there is a video like this that makes me smirk at the deal that I got.

  12. Jay the Realtor wannabe

    Warm feet LOL! Gotta love it…

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Jim Klinge
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