If you like that house at $550k you’ll probably really like it at $350k.
I don’t think San Elijo is going to get more congested than it is right now without the connecting roads. It’s not like outsiders are going to use those roads to cut through that area on their way to somewhere else.
4S is a little closer to the employment centers in San Diego – that’s the factor that will drive the difference in value between these areas more than anything else.
In my opinion, the proximity to employment as an influence on value is highly underrated and the quality of the schools is overrated. $4/gallon gas is a factor that could tip the scales on prices in the more distant areas.