First, because the train is set to start running in a matter of weeks, I would advise you to wait until it is actually doing 30 trips a day. Listen to the noise, consider the safety issues that come along with living near tracks, and keep in mind that although there will be no horn at the intersection directly next to Silvercrest, I believe there will be one at Cal State, and it will likely be loud. Next, realize that in the event you have to sell, all potential buyers will have the same issues and questions about the train that you do. You can justify it in your own mind by saying that it isn’t a big deal, that the access to the train is a positive etc., but when you have to sell it will be a big deal. My proof – it has been for every single home that has sold in that neighborhood the past 3-4 years. Now, if in fact the train is super quite it could in fact be a positive, but you need to verify that by standing in the yard when that train flys by every 15 minutes. Third, realize that this neighborhood has been slammed by the downturn, perhaps harder than any other in North County. Look at the homes on Edgewater and see how many have gone into foreclosure, are in foreclosure, or sold with some kind of funny pricing like the one I illustrated above. They may be in the mid to high 500s now, but what is preventing them from falling further?
