Biggest issue with Diamond Ridge is Golden Design... and the Power Lines!
Values in my opinion are destroyed in Diamond Ridge due to the infamous Golden Design Home. I sold one there in January at Auction for 400k- orginal list was 799k, no perception of value in the long run for most home buyers- just because they sold for over a mil doesn't mean they were ever worth it or that one will double their value in five years- because they were purchased by investors who committed loan fraud.
Pradera, now that is a place to buy! 1 Acre Lots Available on the Golf Course! There are deal huge deals there right now! Builder Short Sale- Never Lived in 799k and a New Lovely REO on the Green 685k!! Love the Timbers- if you want to be removed from the crowd 699k for a current active REO. Spirit Ridge- Sold an Amazing property there in 08' - gorgeous home- buyer & lender fraud was the cause of the foreclosure. Have to say I didn't like seeing the Track Homes from the Front Door- not something you would expect to see in a custom community- bad entrance into the community. Sold the property for 720k- high perception of value, it was sold within 30 days. Custom home- truly!
In this market- I would go after something with land- just not Golden Design.
Hope this helps visit my website for REO/Foreclosures Only!
The Lawton Group