This should demonstrate the depth of the $700,000-buyer pool for Southeast Carlsbad – of the 24 houses sold this year in La Costa Oaks, only one has closed under $700,000 (Adam’s, which was even closer to El Camino Real). At one spot in the kitchen I got so excited I repeated myself:
Big Yard a Plus?
by Jim the Realtor | Nov 8, 2010 | Foreclosures/REOs, Jim TV, North County Coastal, REOs for sale | 10 comments
The backyard is a major plus and the glass fencing seemed to do a pretty goodjob of dulling the noise. What about fume particles when you live that close to an artery? Is that a legitimate concern?
It is a legitimate concern.
I don’t know if it is an actual concern (probably is), but you can bet that the next buyer will think it’s a concern – and if you are asking them to pay a million, they’ll be MORE concerned then, than you are now.
The perception is more important than the reality.
That street is an “incurable defect” in my book.
I lived for 10 years in a condo backing to a very busy 4 laner. The large patio was unusable due to the noise, and when we tried leaving the window open at night we ended up in the doctor’s office after a week.
No thanks.
Living that close to a carbon monoxide river? Too risky for me. Nice house, though.
The prospective of a so cal person is interesting.
The mud room is considered wasted space. What do you put here?
Well, shoes, jackets, sweatshirts, sports equipment, umbrellas and anything else you may want to grab quickly before going outside or that you don’t want coming all the way inside with dirt or water.
A good mud room is as nice to have as a good laundry room, at least in a more rainy and cold climate.
I understand that they are not as useful in so cal. However, I find myself wondering where to tell the kids to put there shoes when they come into the house, so I think I would still like to have one.
Now, the mud room in that house did seem a little big and awkwardly located, but if done right it could be a nice feature for a home, even in so cal.
I also note that a few families I know are asking people to remove their shoes when the come in – Japanese style. So there you go – instant need for a mud room.
Maybe they will be the rage in ten years :-).
JTR – I don’t recall the prices, however, awhile back you coverd some LC valley homes that backed to the same road, however, they were smaller, older, and didn’t have that big of a lot.
They might make for a good comparison of where this sub/micro-market has moved over the past months.
while backing to a hwy is not on anyone’s ‘must have’ list, many people are obviously willing to overlook the issue at purchase time as they all end up selling. This house has a monster size yard that will 100% overcome the road issue as someone will be hyper excited to have a yard, which we just don’t get in these neighborhoods under $1.25mm.
It will be interesting to watch, thanks for tossing this one into the mix JTR.
I’m with tj. No more busy streets for me.
Here is the recent closing of the one-story we viewed at the end of Serbal in LCV – 2,915sf closed for $780,000:
http://www.sdlookup.com/MLS-100036428-3055_Camino_Serbal_Carlsbad_CA_92009
I’m not sure if it was the bigger yard or one-story that added enough value to compensate for the road noise, maybe both?
This is the same floor plan as the subject property, and also backs to RSF Rd, though the house is down below the road:
http://www.sdlookup.com/MLS-100021100-3478_Camino_Cereza_Carlsbad_CA_92009
Closed for $780,000 in June, after 7 days on market.
The $699,000 is a very attractive price comparatively, and the mountain wonderland is thrown in for free.
I live on a major 4 laner (speed limit 60kmh). After a couple of years you ignore it as your brain seems to filter out the noise. The reason I bought it? I could not afford a house big enough to run as a commune in that (expensive) neighbourhood UNLESS it was on the main drag.
If houses go up 20% in price so will the one on a busy street, just off a lower base. Why will US property prices increase? (in US$)….because the US$ is devalueing thanks to the rate at which the money printing presses are working, A $US buys fewer Rands today than it did this time last year.