Rural isn’t a problem! Rural fringe of a major city can be a great lifestyle.
The offer is on a 1+ acre rural road home but it’s also only 1/2 of a mile from the nearest tract home subdivision and about 1.5 miles from the RSD strip mall area.
I don’t expect it to be profitable initially, I see a good chance of a small further dip, and as I said I don’t think East County is going to perform as well as areas further north. Purely as an investment, I think Santee, Vista and Mira Mesa are best positioned to move upscale as they are already fairly nice and close to high wage job growth.
However, I want my parents on the same lot as me, but a different house. And they want a two-bedroom house so they have a study. I also want gardening and fruit tree space, play areas for my son and future kids. RSD being close to the 94 provides the best value while still feeling upscale.
East County is already weaker than the rest of SD. ~2.5 months of inventory, lots of price reductions, lots of perfectly nice places with reasonable prices sitting on the market.
