Home Buying in Sunnyvale>Question Details

Toby, Home Buyer in Sunnyvale, CA

Thoughts on 37 Degrees North (Sunnyvale)?

Asked by Toby, Sunnyvale, CA Tue Jan 1, 2013

Thinking of buying a 3BR townhouse in 37 Degrees North in Sunnyvale. Any advice about this property?

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The average price per square foot for a condominium in Sunnyvale is about $400. The average age is about 26 years. The list prices for 37 Degrees North is $417 to $436 per sq ft. Just looking at the basic statistics shows that these could be a good purchase.
http://julianalee.com/sunnyvale/sunnyvale-statistics.htm

If you check the BBB for Taylor Morrison California, you'll see that they are rated A+ but that there have been 9 complaints filed (most in 2010). Three were resolved but six did not satisfy the customer. If you search other builders you will probably decide this is a good company. Outside of BBB there are complaints about their finance side by unhappy customers. Hopefully you took your real estate agent with you when Taylor Morrison first got your name.

A key factor for any common interest property is the HOA and who is buying the homes. I've seen nice developments become problems when the property was not maintained. This isn't really anything the builder has significant influence over (other than price and location).

Juliana Lee
Cell: 650-857-1000
Top 3 agent nationwide at Keller Williams Realty

Over 20 years experience
Over 1000 home sales completed in Santa Clara and San Mateo counties.
Web Reference: http://julianalee.com
1 vote Thank Flag Link Fri Jan 4, 2013
Hi Toby,
Depends what your goals are.

If your #1 priority is to get a brand new home that is close to employment centers, then 37 Degrees North is right for you. It is right there among the high-tech companies in northern Sunnyvale and Santa Clara. Also, it has convenient access to Lawrence Expressway and Highway 101.

If you want long, term appreciation, then 37 Degrees North will be pretty good, but it would be SAFER and probably get BETTER appreciation if you buy a modest, old house with a big lot size in a top neighborhood.

Location is the #1 factor for long term appreciation. I studied several properties that started off at the same price but then diverged in price over the years. The newer house in the decent neighborhood did ok, but the older houses in the excellent neighborhoods double and tripled in price during the same time frame.
0 votes Thank Flag Link Sat Jan 5, 2013
They are nice, and the builder as far as I know is reputable. I sold one of their units in San Jose about a year ago. Good to deal with. But indeed, nowadays, there is competition to purchase a new home. One of the reasons may be in the job market situation, as you can see in one of my blogs below. I wish you good luck.
0 votes Thank Flag Link Wed Jan 2, 2013
Affordable homes in a good neighborhood. But there is competition to get a house there. If you win the Lottery, you are lucky. Structural Point of View, the houses built by Taylor Morrison are good.

Priya Viswa, MS
REALTOR®, Associate Broker
Mobile: (408) 707-8170
Email: pviswa@c21mm.com
Website: http://www.priyaviswa.com
01918424
Web Reference: http://www.priyaviswa.com
0 votes Thank Flag Link Tue Jan 1, 2013
Priya can you explain why you think the neighborhood is good? It's close to the highways but schools seem subpar and the stores nearby seem underdeveloped. Thanks, Toby
Flag Wed Jan 2, 2013
Toby,
Taylor Morrison homes are very nice. Just as a general rule the newer the town home the less personal exterior space and less privacy you get, but the insides and structures tend to be nicer. Also, the locations of the newest homes are not as good as the locations of the older ones. This is because land cost get more expensive over time and since we are so built up in the Bay Area the only places left are areas that are re-zoned from commercial or industrial use.

All of that being said, if you win the lottery you will have a very nice home and the thought is that with so many new homes in that area being purchased by smart, educated buyers, this will spill over into the local schools which will see their scores increase, making the homes more valuable over time. This is just a theory, but I believe it.

Marcy Moyer
Keller Williams Realty
marcy@marcymoyer.com
DRE 01191194
Web Reference: http://www.marcymoyer.com
0 votes Thank Flag Link Tue Jan 1, 2013
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