For me personally, I wouldn’t pay $800k near Mission gorge area. The seller wants out and he/she should.
I agree with kewp that the best thing to do is sit tight and save that money for better opportunities. From a rough calculation, the price / sqft in that area should really be $275/sqft or below. (2290sqfts x $275/sqft = $630k or below)
If anyone buy beyond that simply lose the margin of safety. I am speaking in terms of business perspective here. But if you really fall in love with this particular house, who am I to say no to you. Anyway, good luck with whatever decision you make.
6923 HALIFAX, SD – Del Cerro, CA 92120
Last Sale: 10/24/03
Sales Price: $658,500
