[quote=AN][quote=bearishgurl]AN, you’re our “resident expert” on MM. Do you know of any Historic homes there, view homes on canyons bluffs and/or cliffs, homes designed by local architects, custom homes, yards with 80+ year-old trees, homes with acreages, etc. I mean …. besides being on ’70’s thru ’90’s tracts, are there really any other “redeeming qualities” (besides proximity to job centers) to the single family homes there?
Be honest.[/quote]I hate those old ass homes. If those are my only choice, I’d buy it and tear it down.
Yes, there are canyon view homes with some on 1/3-1/2 acre lots. There is even a few $1.8M+ custom homes designed by some architect. I hate those homes and think they ugly as hell.
As for other redeeming qualities, how about being 2-8 miles from the coast, being a few miles from UCSD, being 15-20 minutes from almost anywhere worth going to in SD county, have good schools, etc.
But I’m sure you don’t really care about getting real answers.[/quote]AN, agree with everything you’re saying and if you’re referring to the ugly box homes on Lopez Canyon as “architect-designed” homes, I know about those albatrosses but didn’t realize they were actually in MM. Can you post a link here of one of MM’s canyon-view homes with a 1/3 to 1/2 AC lot? It doesn’t have to be for sale. I was unaware that that kind of tract existed in MM.
If you think about it, other “working class” areas I mentioned in SD County such as Lemon Grove, Nat’l City and Chula Vista have ALL of those types of homes I mentioned above and all three cities are 5-20 mins from almost everywhere in SD metro, south and east county. However, Chula Vista is the only city out of three which has just as good or better public schools as MM. NC and CV are situated on SD Bay and Lemon Grove is about 8 miles inland. I agree that proximity of UCSD is a huge benefit for MM residents.
I just like more “room” in my environment (street not filled up with parked cars, etc) and I like to be able to get out and do errands locally without fighting a lot of traffic. I prefer the charm of “vintage” homes with large yards, good setback, space between homes and big trees over miles of matching tract homes but of course, that is a personal preference. I’m happy for longtime residents of MM that they are now seeing property appreciation like they’ve never seen before but realize that it is a very well-established community (SFR tracts) and not very transient and so longtime owners there aren’t very likely to list their homes. As such, all this recent appreciation in MM is just a “paper profit” for the vast majority of longtime residents. Hence, we consistently see poor levels of inventory there. And I think the flippers are pretty much done in MM as well as it doesn’t make sense to buy a “fixer” at today’s prices and then try to flip it. Even though when MM was first developed, it was an outlier, it is now very centrally located and its SFR tracts are stable. I agree that MM has a lot going for it.
