Looking for a 2-family property where the smaller one is for my parents and still 2 bedroom and 900+ SF. I want some hobby farm space too, so more lookout at old homes on big lots. I can’t afford the new homes on big lots.
1 baby born in early 2022, hope to have a couple more. I feel like the difference between average and the absolute best schools is small for K to 2nd, so my school quality concerns are not until around 2030. Looking hardest in the 1.4-1.7 range, up to 2.3 could be possible if the perfect place pops up, but seems like the listings that high are numerically rare and not great values. To put it another way, there are giant improvements between 1.0m and 1.4m homes, but a lot of the 2.0-2.3s the additional value is hard to see.
The proposed Cottonwood Sand Mine looks like a moderate negative for RSD. There’s heavy local opposition, but at first blush it doesn’t look that bad other than the additional truck traffic. It will only operate for 10 years, and in 3 year phases at each subpart, and there will be a nice bike lane and other substantial “free” upgrades to Willow Glen, and the land will be permanently rewilded and undeveloped. It is possible the EIR draft is understating the noise and air pollution risks.
I just made my first low-ballish offer today. I will look at two more places this week, both around Mt Helix, and then make a few more offers if my initial offer isn’t accepted.
I offered 8% below list, and the list price is pretty fair if the seller is OK waiting since the property is expensive and unique and has already been listed 3 months. It is a strange time to be hunting since, even though I am very bullish long term, semi-rural east county high-end had a good chance of falling 8-10% below peak, maybe even 15%. The people there are San Diego natives in much higher numbers and driving the market there, and they don’t have the high incomes of techie transplants.