Lennar Homes will be the first builder out of the gate to bring new homes to the Five Point Mission Village in Newhall Ranch (Valencia). They’ve given preliminary size descriptions shown below:
First 10 Neighborhood Descriptions
Expect this townhome neighborhood to be similar to Tulip, but these units will run a bit smaller. Sized from 1,579 – 2,158 sq ft. Each home will have between 2 and 4 bedrooms and 2-1/2 to 3-1/2 bathrooms. These will come with garages also.
The homes in Lamplight are called Flats (think apartments) by the builder and are the smallest homes planned in these first 10 neighborhoods. Even though they will be sized small, from 720 – 1,442 sq ft, you can bet the architect has done an exceptional job making the absolute most out of the available space. Each unit will come with 1, 2 or 3 bedrooms and 1 or 2 bathrooms. Unlike many of Valencia’s older apartment complexes, these homes will also have garages sized to fit 1 or 2 cars, depending on the floorplan selected.
Why do you want me with you the FIRST TIME YOU VISIT A MODEL HOME THERE?
I always go to the sales office for the initial visit to sign them in and discussions, walking lots and helping them to choose their lots and location. I also attend the contract meeting and make sure that the buyers understand what they are signing. It can be overwhelming. I also will have visited the sales office several times in advance, before ever taking my clients, so that I am familiar with the builders workflow, the sales agents (who we will be dealing with), and ask what incentives are being offered. (Usually they are offering a credit toward design center or closing costs (or both sometimes with utilization of the builder’s lender) If the credit would be helpful to my buyers I suggest they use builder’s lender.
Then once under contract, there will be benchmark dates which the builder will have for the phases of construction if the home isn’t built yet. The Buyers first walk through is usually the electrical walk through when the house is fully framed and all the electrical is in specific to what the buyers ordered at the design center. (Sometimes at the design center the buyer will choose to upgrade CAT 6 or additional electrical outlets, cable outlets and which wall they go on etc. I have had clients spend $100,000 in design center upgrades. For those on a budget, it can be a bit intimidating going to the design center and there may be somethings like flooring which they could do after-market and get a better deal since most builders have a builders package of flooring and appliance and counters etc.
During the final walk through is when a punch list is created of things that are wrong with the property. I always attend this meeting as well. Usually Lennar and Toll Brothers are pretty good. Other builders haven’t done as good of a job and you really need to mark the things on a list of things you see that are wrong. The customer service reps (depending on which builder) can push back a bit and this is where I can fight for you. I had a KB home delivery meeting and there was a lot of unfinished things, cabinet drawers misaligned, dings in drywall, chips in baseboards, and the master bedroom carpet appears to have been cleaned like something was spilled on it. I had to fight with the customer service rep to replace the carpet. You have to escalate these things sometimes and get the sales rep involved.