We have recently learned that Meritage is selling smaller plans meant for narrower lots with two car garages in our neighborhood that could be built starting at the mid $300s. All the current homeowners purchased in good faith with the assumption that the neighborhood would be built out generally at a level we all bought at. We feel that lowering standards now is unfair as it will harm our property values permanently. We hope you will reconsider this new strategy.
Updates
April 26, 2017
Meritage thinks they can just slash our property values to squeeze out a few extra sales while we watch our investment tank. I have been relentless in tracking down their local representatives and they are currently pretending these messages are not hitting their inbox. We are not going away until they drop these cheap plans and honor the quality we all paid for.
18 Comments
This is not fair we pay 500k for our house and meritage put cheaper houses now.
We want Meritage to maintain high quality and and to stick to original plan for Pecan estate.
When building a home, many things factor into one's decision. Second to having the floor plan we needed, we chose Pecan Estates in part because we like the look of neighborhoods with side entry garages. Now we see that front garage homes are going up. We also would expect that the general price point of the homes would stay consistent throughout the build-out of the neighborhood. We have been let down on both fronts. In addition to the countless challenges we endured during the building process, these are just more items to heap on our pile of dissatisfaction with Meritage. In an age of social media, these decisions that disappoint your buyers is not a wise marketing strategy.
I feel this not only disappointing but short-sighted as well. Hoping you will reconsider and stay the course with the original plan for Pecan Estates.
Meritage has to treat the current residents of Pecan Estates financial interest in their home values the same as they treat their own interst in Meritage financial value. Translation, don't diminish the value of our existing homes to improve Meritage profits. This is unethical and we will boycott you if we have to. It's an eye for an eye. You mess with our money than we are going to mess with yours!
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We have recently learned that Meritage is selling smaller plans meant for narrower lots with two car garages in our neighborhood that could be built starting at the mid $300s. All the current homeowners purchased in good faith with the assumption that the neighborhood would be built out generally at a level we all bought at. We feel that lowering standards now is unfair as it will harm our property values permanently. We hope you will reconsider this new strategy.
Updates
April 26, 2017
Meritage thinks they can just slash our property values to squeeze out a few extra sales while we watch our investment tank. I have been relentless in tracking down their local representatives and they are currently pretending these messages are not hitting their inbox. We are not going away until they drop these cheap plans and honor the quality we all paid for.
18 Comments
Meritage should not have promised that all houses in the neighborhood would have 3 car garages.
This is not fair we pay 500k for our house and meritage put cheaper houses now.
We want Meritage to maintain high quality and and to stick to original plan for Pecan estate.
When building a home, many things factor into one's decision. Second to having the floor plan we needed, we chose Pecan Estates in part because we like the look of neighborhoods with side entry garages. Now we see that front garage homes are going up. We also would expect that the general price point of the homes would stay consistent throughout the build-out of the neighborhood. We have been let down on both fronts. In addition to the countless challenges we endured during the building process, these are just more items to heap on our pile of dissatisfaction with Meritage. In an age of social media, these decisions that disappoint your buyers is not a wise marketing strategy.
I feel this not only disappointing but short-sighted as well. Hoping you will reconsider and stay the course with the original plan for Pecan Estates.
Meritage has to treat the current residents of Pecan Estates financial interest in their home values the same as they treat their own interst in Meritage financial value. Translation, don't diminish the value of our existing homes to improve Meritage profits. This is unethical and we will boycott you if we have to. It's an eye for an eye. You mess with our money than we are going to mess with yours!
I agree
I agree
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Meritage should not have promised that all houses in the neighborhood would have 3 car garages.