The behemoths are rising out of the ground:
Early history of Carlsbad:
This sold for $1,778,000 in November – man, those one-story homes are hot:
A typical home built in the 1980s that has had work done in the past, but needs more now:
Here’s a good example of how to dress up an older tract house to get top dollar.
The list price was $770,000 for 1,442sf on premium 8,464sf lot which was probably the best location in tract. Four offers were submitted, and it closed at $825,000!
People almost instantly separate themselves into posers or players by their comments at open houses, and the remarks today ranged from “you’re nuts” to “this will sell in a week”.
Those who are following the market closely will recognize that the entry-level house in the Encinitas School District today starts around $800,000. Add in the popularity of one-story homes and the general resistance to HOA and Mello-Roos and my listing has many positives.
Here is another comparable home that closed this week that happens to be in the Carlsbad school district (vs the preferred Encinitas school district). For buyers who can live with an funky one-story floor plan on a larger (though multi-level) lot with no HOA or Mello-Roos, this would have been a potential candidate – and it closed for $995,000 (my listing is priced at $880,000):
My new listing in Old La Costa – with a lot size of 68 x 190 feet!
They should identify the locations so homebuyers are aware:
Sober living homes have become a contentious issue with residents in the neighborhoods where they have developed. As a result, the City Council formally approved an ad hoc committee to address them during its July 23 meeting.
Thousands of sober living homes have popped up throughout the state, mostly in Southern California from Los Angeles to Orange and San Diego counties.
Serving on the committee will be council members Keith Blackburn and Barbara Hamilton.
“It would be to address the issue of sober living homes, to engage community stakeholders, listen to and discuss their concerns and recommendations regarding sober living homes and to recommend potential state and local regulatory and legislative strategies for the City Council to pursue,” said Jason Haber, assistant to the city manager.
Looking for a good hike this weekend? The City of Carlsbad has plenty of trails: