[quote=ocrenter] . . . by estate type homes I meant 4000-5000 sqft homes on 1/3 to 1/2 acre lots. Nothing came across on sdlookup matching that description, although I’m sure I’m just not looking hard enough.
I’m sure McKinley is a fine school and it is a shame my children would not have the opportunity to be educated there due to my ignorance. Perhaps the next generation may be served better now that you have kindly pointed out the error of my ways.[/quote]
A “4000 – 5000 sf” home is not a “need” (unless you have a family of 16). It is a “want.” For a family of 3-5, it is a lot of toilets and empty rooms to clean (furnished or unfurnished) just because they are there. 92104 has MANY 2700 to 3500 sf homes on lots ranging from 9000 to 22000 sf, BEAUTIFULLY appointed with REAL (redwood/cedar/river rock) materials and include pocket doors and stained glass, etc! These homes/lots are MORE THAN ample to raise a family of 4-6 in!
Nothing personal was intended, ocrenter. Different strokes for different folks. I’m once again pointing out this area because Navydoc will be working at NAVHOSP. He can have his “bicycle-lifestyle” in NP/SP SD without dealing with all those vulgar east-coast road hogs. The fact is, he and his family can really “have it all” there, as do many other similarly-situated downtown SD legal and medical professionals.
I never stated that the inventory currently available in 92104 and its immediate surrounds would match Navydoc’s needs. Why do you suppose this is so, ocrenter, yet there is so MUCH available inventory in 92131?? Could it be that high-equity potential sellers in 92104 are holding off putting their properties on the market right now because they will likely only receive “undervalued” offers?
The reality is that property owners in this area of 92104 have an infinitely higher equity stake in their properties than owners in “Stonebridge” 92131 …. read “stable area.”
It is very possible Navydoc could have found something suitable close to work back when he began looking last year. But it would have taken him more trips to SD and more work than just signing a contract for not-yet-built new construction.
I have nothing against Navydoc’s personal housing decisions. He could be anyone. All I’m saying here is that SD transplants or re-transplants often have a knee-jerk reaction to sign up with a developer after viewing new home models on a quick trip instead of doing the work and due diligence to obtain a (resale) property in a more well-located, valuable and/or coveted area for the same or lesser price, sans HOA/MR.
That’s partly why there is so much distress in areas like Stonebridge, IMHO. The bulk of the properties purchased new are purchased by buyers who are likely unaware of all the housing choices they have in this county. Most are probably NOT working with an experienced agent but simply show up at the new project on a whirlwind weekend trip, become “mesmerized” by the model homes and sign up! I’m not saying this happened to Navydoc, however, since he was previously stationed in SD.
I’m wondering now if the non-deductibility of MR on a homeowner’s tax return beginning this year will further erode the values of these very highly-encumbered tracts. Time will tell . . .
Congrats on returning to SD, Navydoc! I think MD is beautiful but SD’s “lifestyle” most definitely trumps it!!
