[quote=jpinpb] . . . I think there’s still room to drop as the article alludes, especially the high-end. Already seeing some drops in 92106 that I didn’t see last year.[/quote]
. . . jpinpb, I too, saw this when Pigg jstoesz brought this issue up last week on another thread. But even so, I’m sure you’re aware that, in 92106, a property even NEXT DOOR to an extremely desireable property (for my purposes) may not be ANYWHERE NEAR AS DESIRABLE as its neighboring property. It all depends upon lot size, topography of lot, and most of all, the way the structure is facing/tilting towards, as to allow for a possible sit-down SD dtn skyline-view. If the property is situated correctly, but facing towards a lesser view (i.e. Pt. Loma Lighthouse or Sea World) and cannot be remodeled to orient correctly due to land elevation, structure limitations or easements, then, to me, it would not be suitable for my needs or be a “knockdown.” Since a “knockdown” would add considerable $$ and headache to a potential remodel, it would totally justify or may not even be worth its lower asking price . . . to me. IMO, in 92106. you pay for exactly what you get, nothing more, nothing less.
To me, 92106, in and of itself, is not particularly “desireable.” A sit-down dtn SD view from inside the living area makes it so.
