Here’s an example of the premium paid for the upgraded one-story houses with a potential granny unit and no HOA/M-R. Two-story houses that are 25% bigger are selling for less in this neighborhood:
For those who want to build out a project your way, have I got a deal for you!
The architect drew up plans for a 3br/3.5ba house plus a 1br/1ba granny flat, and they just needs the finishing touches. Last sale nearby was 7503 Solano St for $975,000 in June.
Will not qualify for conventional financing – no kitchen or baths currently:
Youtube walking tour here:
The address is 7516 Brava St., Carlsbad, listed for $699,000.