Just when you think the McMansion might be dying off….these Santaluz-ish new tract homes range from 4,396 sf to 7,384 sf!
They don’t have the mello-roos listed on the price sheet, and I couldn’t find any mention of it on their website either – which means it’s probably in the $400-$500 per month category?
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The size of the shower in the master bath: amazing! Double washer and dryers, Jim? But… IN the kitchen? No thanks…
The McMansion 3000-5000 sqf well be back with a Vengeance if the economy ever really kicks into high gear again.
I don’t think they ever really went out of style, just affordability.
If you can find a single level 3000-4000 sqf home on the market within 5% of comps, I bet it would be gone in about two heart beats.
Agreed, and with the tight inventory I think people are willing to buy just about anything that is convenient. They have 80 people on the wait list already!
I said Santaluz-ish, because, while it may be close in proximity, they won’t have the other benefits.
That’s not a kitchen, it’s a laundry room with double washer/dryer a sink and a refrigerator. Not a bad idea, nice than having a fridge in the garage.
JtR: With “locker-room” style showers seemingly the norm now I assume these bombers have their own aquifer? Perhaps a golf course was sacrificed for this development?
On a more serious note: What is the age demographic that is lining up, and obviously paying, for this price range?
Great commentary! Mellos-roos (CFDs) are $9,898-16,155 per year ($825-1,346 per month) depending on size of house. Association dues at build out will be between $236-282 monthly.
These are nice homes, but I doubt StanPac can maintain the $2 million price range for Del Sur tract homes.
25k-35k in taxes, mello-roos, and hoa a year..and you haven’t even paid your mortgage.
With these high rates, this community makes no sense. It is not of the caliber of Sanatluz or the Crosby.
We were there on opening day. The crowd was unbelievable. StanPac had an army of sales people and an equal number of people asking “buying” questions. No surprise they sold the first phase out quickly. The models were done as well as any tract houses I’ve ever seen. If the guy that asked Jim for his opinion is reading this… Jim would add a tremendous amount of value on a purchase in that neighborhood (or any new tract). He’s uniquely qualified to help you bridge the gap between the finishes on the model homes and the quoted prices for upgrades on the available homes.
Thanks for the explanation, Bryk!