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I was planning on moving to Auburn Bay but Mahogany just opened up this last Saturday. It's going to be one of those two area's for sure.. anyone heard anything good/bad about Mahogany yet?
I've never considered moving into an area that new before.. are the prices on lots so low because the area is so new? If you look on the Jayman site and custom build a home it shows lots at 10-15k that would be 75k+ in Auburn Bay. Gonna go check out some show homes this weekend and see what it's like.
in my opinoun auburn bay is overrated.
Auburn bay is nice
buy only from jayman,.. their prices are reasonable,.. all others are out-of-wack!
people are trying to still make a buck there thinking the market will still rise in auburn bay
It is nice there tho,.. HOA fees are higher than avergage but you have access to the lake.
fyi: you can still use a realtor to negotiate/represent you with jayman and any other builder.
I would consider Mahogany first. Yes it only has 5 showhomes built and will be a construction site for the next 5 years. But IMO the houses will be better built. We are not on a 600 a year per builder "building spree" anymore. Alot of the homes in Auburn even though its above average builders, the homes were slapped together. Also, Stepper is in there and they build good quality homes.
Mahogany will be very nice once completed. (Bigger lake than Auburn also)
Lots will be cheaper in Mahogany as it will be in any brand new area. They discount the lots to encourage people to move into the new areas. Auburn Bay is Nice. Lake fees for the year are around $400 depending on how far you are from the lake but that what I paid last year for my lake fees and it's well worth it.
I built 2 block off the lake in one of the first stages in auburn and I built with Bay West. I love the house and the build quality is fantastic. I've talked to some of my neighbors who built with other company's and they aren't as happy with their homes as I am with Mine.
Also the reason that people are selling so high in auburn is that fact that the lake is done and the hospital will be so close so they figure they should get more for their homes. I'm willing to wait until it's almost done as then it should be a good time to sell with the doctors and nurses looking to move down with-in walking distance to work.
yea if you want to hear sirens all night long live in auburn bay.
I'm pretty sure there are no lots under 125k in Auburn Bay, there shouldn't be any under 150k even...Quote:
Originally posted by tictactoe2004
If you look on the Jayman site and custom build a home it shows lots at 10-15k that would be 75k+ in Auburn Bay.
Yeah not a huge fan of Auburn Bay myself....iam gonna look into buying in Mahogany first phase on the lake....not to live in but flip...i think its gonna be a great investment as i head you can get a nicly done 2400 sq foot home on the lake for 950k
do first phase Mahogany;)
ohhh and to whomever posted its going to be a bigger lake then Auburn..you are correct as far as SQ fottage goes, but its gonna be a hige horse shoe...very long and narrow
There something about buyin in a established neighborhood thats appealing.
Auburn Bay.
In Mahogany it will be years before you actually get the lake and not feel like you are living in the middle of a construction zone. At least Auburn Bay is established and with the building slowing down I predict Mahogany will be barren for quite some time.
I can't speculate on the area...there's Cranston right across Deerfoot from Auburn Bay too.
But, what I can say is- Don't buy Jayman
Not personal experience or anything, but I have heard nothing but bad things about them.
They say the lake will be complete by summer/fall of 2009... but i'm sure there will be some kind of delay on something like that. We're gonna go look at the show homes tomorrow just to compare. On one hand we like how Auburn Bay is a little more established and we can buy and move in quickly. On the other hand we can get a nicer house that's 10-15% bigger for the same price if we build. What to do, what to do...Quote:
Originally posted by sputnik
Auburn Bay.
In Mahogany it will be years before you actually get the lake and not feel like you are living in the middle of a construction zone. At least Auburn Bay is established and with the building slowing down I predict Mahogany will be barren for quite some time.
i was in auburn bay two weeks ago and it felt like a construction zone.
Visit Mahogany. There is a grand total of 8 houses in the middle of nowhere.Quote:
Originally posted by civic_rida
i was in auburn bay two weeks ago and it felt like a construction zone.
I think it will be delayed. Mahogany is already 6 months behind from where they originally claimed it would be.Quote:
Originally posted by tictactoe2004
They say the lake will be complete by summer/fall of 2009... but i'm sure there will be some kind of delay on something like that. We're gonna go look at the show homes tomorrow just to compare. On one hand we like how Auburn Bay is a little more established and we can buy and move in quickly. On the other hand we can get a nicer house that's 10-15% bigger for the same price if we build. What to do, what to do...
You also have to consider that new home builds have dramatically slowed in Calgary. Auburn Bay has been under construction for 4+ years now and that was going through the boom in 2005 when housing starts were at an all time high.