I’ve always been curious about the mindset of paying over $1 mil for tract housing.
Sometimes I look at listings in the beach areas to see what I could get for the same money – I did that this morning with the 92106 zip code
$1.5 mil, 3/3.5, 2585 sqft, city view, ocean view
$1.55 mil, 4/3, 3554 sqft, Pt Loma Woods
$1.575 mil, 3/3, 2358 sqft, city view, water view, built 2007
$1.645 mil, 4/3, 2530 sqft, city view, ocean view, built 2007
$1.699 mil, 4/4, 3294 sqft, city view, ocean view, built 2007
$1.699 mil, 3/3.5, 2435 sqft, city view, ocean view, built 2007
$1.75 mil, 4/3.5, 3999 sqft, city view, ocean view, 10K sqft lot
$1.8 to 1.9 mil, 4/3.5, 3956 sqft, city view, ocean view, full remodel 2005
Questions for anyone who has or would pay this kind of money for housing in Carmel Valley, 4S Ranch, etc:
Did you look at older neighborhoods when you were shopping? Were you aware that there was new construction available in these older neighborhoods (I was surprised by these listings – obviously a builder doing it on spec)? If you looked in the beach areas and then bought elsewhere, what caused you to eliminate the beach areas from your list?
