[quote=AN][quote=bearishgurl]I understand the meaning of this term but don’t you think it can be fixed? It’s not like Clairemont’s location and lot sizes are inferior to most of the County. In fact, these factors there are superior to most of the County.
Everything except for location and lot size can be fixed.[/quote]
It can be fixed, but at what cost? It’s not always cheap to make addition and make it look like it was built that way. I hate tacky additions.
Location is not just back the geographical location. It’s also about the relative location. If you’re surrounded by run down 1000 sq-ft bungalow, your brand new remodeled 3000 sq-ft would look completely out of place. BTW, lot size can be fixed as well, it’s just more expensive to do it. Buy the house next to you and tear it down. Lot size fixed.[/quote]
A 3000 sf house is not the typical remodel for Clairemont. It’s more like enlarging the FR and MBR suite into the backyard. At what cost would a homeowner in Clairemont buy the house next to him/her and tear it down? And why would they do that when their property would then be worth nearly double that of the neighbors’ homes??
The avg home in Clairemont is NOT 1100 sf (you might be mixing it up with Linda Vista which is same zip code) :=] The avg home (orig) size there is 1500-1600 sf, has 3-4 br and 1.5 ba, a 2 car gar and a 6800 sf lot and is approx 47 yrs old.
The avg (orig) home in Linda Vista has about 1100-1150 sf, 2-3 br, 1 bath and 1 – 1.5 car gar and a 5000 sf lot and is approx 55 yrs old.