The low inventories and fewer sales make it harder to determine values, and pricing – especially in popular areas like Carmel Valley, 92130, where there are wholesale and retail-priced sales happening at the same time.
Here are some additional examples to assist you:
Ah Carmel Valley…
McMansions on 4-6,000 SF lots. Are the schools really that good?
Ah Carmel Valley…
McMansions on 4-6,000 SF lots. Are the schools really that good?
I agree about the small lots, but I’ve talked to a lot of people who think that a 4000 SF lot is too much work to take care of. I know a lot of people who don’t want to do yard work, but also don’t want condo style living. Most people value the land far less than they value the house or location of that house. If you boosted those lot sizes to 10,000 SF you wouldn’t fetch anywhere near double the price.
What this adds up to is the best way to make money as a developer is to big the largest possible house on the smallest possible lot.
Most of the houses are around 2000sqft. Not sure how 10% of the zip code represents the other 90%.
Citi wants do sell more stock so it can pay back tarp.Anyone want to buy some shares?
http://www.cnbc.com/id/34350090
Laughing so hard here.All these big banks are doing is selling more stock to gullable investors so they can pay back the govt.Bofa did the same thing last week.They dilluted the hell out of their stock and it went up in price.The market is so out of whack right now.
“I agree about the small lots, but I’ve talked to a lot of people who think that a 4000 SF lot is too much work to take care of.”
And 4000 SF of HOUSE is a breeze to take care of? Cheaper to hire a guy to mow the lawn than a maid to clean that beast…..
And 4000 SF of HOUSE is a breeze to take care of? Cheaper to hire a guy to mow the lawn than a maid to clean that beast…..
It depends, some people would rather spend their time inside rather than outside. As long as they have a place to put a BBQ and table they are fine with the yard. Anything larger than that and it’s space that’s rarely used. The inside on the other hand is used every day, even in a 4000 sq ft house. The house parts that are rarely used don’t need all that much work, but the outside needs around the same amount of work no matter how much you use it.
I disagree with this sentiment, for the same price I’d take a smaller house if it had a bigger yard. Part of the appeal to San Diego is being able to use outdoor space nearly year round. I also enjoy being outside in the fresh air, but I also know that not everyone agrees with me.
In 20 years I see Archie Bunker row houses with blue collar workers living there,not that that is a bad thing because I have worked hard all my life.The only difference is that crappy construction and fake stonework will fall off long before Edith hits 40!
Part of the appeal to San Diego is being able to use outdoor space nearly year round.
Totally! What’s the point of living in SoCal if you’re not outside a lot?!?
Totally! What’s the point of living in SoCal if you’re not outside a lot?!?
I agree, but a LOT of southern Californians take the great weather for granted.
I now live in central PA, and don’t consider myself to be a big gardener type, but consider the maintenance on my 11K sq ft lot to be trivial. And here that means winterizing, sprucing it up in the spring, raking leaves in the fall. It’s just not a big deal.
Growing up in SoCal we always had a decent yard. Paying close to a million for a virtual townhouse there would depress me.
There’s parts of PHR that give me an eerie, creepy feeling. It just feels empty and bland. Some of those homes on Blazing Star are nice though, with nice lots. Carmel Valley is a nice area in a great location, which makes it such a shame to have these houses packed in the way they are. LOTS of multi-generational families, too. I sometimes wonder if PHR will ever have a neighborhood feeling.