[quote=sdrealtor]Just to clarify, its not the creme of the crop that CAR and I are referring to its it the bread and butter. Not the primo houses but the good solid houses in the starter and 1st level move-up neighborhoods that we are talking about. There are some less desireable areas that you have stumbled upon which share a ZIP code but are very different locations/neighborhoods. When you look at 92009 stick with houses South of La Costa Blvd and you should be OK.[/quote]
Let me clarify what I mean by cream of the crop. I didn’t mean the primo house in the entire 92009/92024 area. I was thinking more local. cream of the crop are the houses that’s in the best location and have the most desirable floor plan (compare to its direct competitor), be it a 1500 sq-ft house or 2500 sq-ft or 3500 sq-ft house. Someone who’s looking for a 2500 sq-ft house won’t shop for a 1500 sq-ft house. So the best of the best in that area will keep its value the most. As CAR points out with these 2 examples: http://www.sdlookup.com/MLS-100007478-2903_Cacatua_St_Carlsbad_CA_92009 http://www.sdlookup.com/MLS-100005784-2911_Rancho_Cortes_Carlsbad_CA_92009
You don’t need to be entry level to keep your value.
BTW, http://www.sdlookup.com/MLS-100011141-3007_Cadencia_St_Carlsbad_CA_92009 this one is south of La Costa Blvd in a pretty nice location on over 1/4 acre. Currently listing for $585k and sold for $770k in 2005. Am I missing something w/ this one? It has only been on the market for 2 days, so maybe they’ll get flooded with offers and the sold price will be closer to 650-700k (50k-100k off peak as you and CAR are referring to). Or is this not good enough of a property to keep its value?
