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You can buy affordable BRAND NEW house in CA.

By REpro   Follow   Wed, 23 Jan 2013, 9:03pm   604 views   10 comments
In San Jose CA 95123   Watch (1)   Share   Quote   Permalink   Like   Dislike  

Despite high CA code regulation and land use regulation, housing in CA can be built at the same cost like in any other part of the country. Centex is offering BRAND NEW, energy efficient houses, for about $90/sq.ft, assuming $20K-30K lot value, in Central Valley.
http://www.centex.com/find-a-home/Search.aspx
In this light, SFBA housing appears like rip-off from all passible direction.

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1. curious2 Follow Befriend (5) 32 threads 2,344 comments Premium

   1   9:14pm Wed 23 Jan 2013   Share   Quote   Permalink   Like   Dislike   Protected   They are in SF Bay Area too: http://www.centex.com/communities/ca/oakley/greens-at-magnolia-park/81751/index1.aspx

2. REpro Follow Befriend (1) 22 threads 478 comments San Jose, CA

   2   9:33pm Wed 23 Jan 2013   Share   Quote   Permalink   Like (1)   Dislike   curious2 says They are in SF Bay Area too: http://www.centex.com/communities/ca/oakley/greens-at-magnolia-park/81751/index1.aspx FYI: Oakley, Antioch, Brentwood, is the areas of Mello-Roos Assessment, which makes property taxes often higher than in Vermont or TX. Additionally, is not tax deductible. http://www.trulia.com/blog/karen_parsons-fiddler/2012/03/california_mello_roos_not_tax_deductible_in_2012

3. Dan8267 Follow Befriend (17) 785 threads 7,972 comments Boca Raton, FL Premium

   3   9:52pm Wed 23 Jan 2013   Share   Quote   Permalink   Like   Dislike   Protected   Hey, no car avatars cooler than my own!

4. E-man Follow Befriend (31) 34 threads 2,612 comments San Jose, CA Premium

   4   10:29pm Wed 23 Jan 2013   Share   Quote   Permalink   Like   Dislike   Protected   REpro says curious2 says They are in SF Bay Area too: http://www.centex.com/communities/ca/oakley/greens-at-magnolia-park/81751/index1.aspx FYI: Oakley, Antioch, Brentwood, is the areas of Mello-Roos Assessment, which makes property taxes often higher than in Vermont or TX. Additionally, is not tax deductible. http://www.trulia.com/blog/karen_parsons-fiddler/2012/03/california_mello_roos_not_tax_deductible_in_2012 I believe they reversed it and Mello Roos is deductible for 2012 and beyond. I haven't seen a case where the Mello Roos brought the total property tax bill over 2% yet.

5. robertoaribas Follow Befriend (23) 56 threads 4,081 comments Scottsdale, AZ robertoaribas's website

   5   2:25am Thu 24 Jan 2013   Share   Quote   Permalink   Like   Dislike   yeah.. in Fresno, and their 1479 square foot model starts at 179K... enjoy Fresno!

6. Facebooksux Follow Befriend (3) 3 threads 279 comments Mountain View, CA

   6   6:14am Thu 24 Jan 2013   Share   Quote   Permalink   Like   Dislike   Centex? Sounds like something I'd place strategically around my domicile in order to blow cannibal anarchists who are eyeing my guns, gold and yams, to kingdom come.

7. REpro Follow Befriend (1) 22 threads 478 comments San Jose, CA

   7   8:40am Thu 24 Jan 2013   Share   Quote   Permalink   Like   Dislike   robertoaribas says yeah.. in Fresno, and their 1479 square foot model starts at 179K... enjoy Fresno! The point is construction costs. Finding a contractor who can do this in high density area is another topic.

8. REpro Follow Befriend (1) 22 threads 478 comments San Jose, CA

   8   9:02am Thu 24 Jan 2013   Share   Quote   Permalink   Like   Dislike   donjumpsuit says I was told (by a frequenter here by the handle of Ptiemann) that the costs of building a home in the bay area is $450-500 sq/ft. So this kind of blows that away. If in fact Centrex could build me a home for $100sq/ft in the bay area then by all means, cookie cutter or not, let's do it! $450-500 sq/ft is the price with land. Since new houses are recently built by large development company, 99% are cookie cutters or so called semi-custom if more options are utilized.

9. REpro Follow Befriend (1) 22 threads 478 comments San Jose, CA

   9   9:11am Thu 24 Jan 2013   Share   Quote   Permalink   Like   Dislike   E-man says I haven't seen a case where the Mello Roos brought the total property tax bill over 2% yet. Sample of Property Taxes in Antioch. Yes they can be higher than 2%. Tax History Find assessor information on the county website What's this? Close Disclaimer Clicking this link will take you to a third party website. Zillow has no affiliation with this third party website and is not responsible for the content provided or activities performed on the website. Your use of the website is subject to the website's terms and conditions. Year Property taxes Change Tax assessment Change morefewer 2011 $5,263 -1.3% $224,000 -7.6% 2010 $5,331 -0.1% $242,500 -2.2% 2009 $5,338 1.1% $248,000 -1.8% 2008 $5,280 -- $252,444 2.0% 2007 $5,280 1.8% $247,495 2.0% 2006 $5,185 -1.4% $242,643 2.0% 2005 $5,258 -- $237,887

10. E-man Follow Befriend (31) 34 threads 2,612 comments San Jose, CA Premium

    10   6:33pm Thu 24 Jan 2013   Share   Quote   Permalink   Like   Dislike   Protected   REpro, Great find. Over 2% indeed. Thanks.