Why anyone would buy a brutally overpriced house 7 feet on either side from 2 other homes – all held together with stucco and wire is beyond me. We lived in a nice neighborhood in CV for 5 years and I couldn’t wait to leave.
It’s a great community if you want to have friends for you kids to play with, but you don’t need that for at least 12 years from now.
The houses are slapped together and because of that they age / mildew rapidly! All for a cool 1.5 million. There is no reason to expect CV to drop in price now. It will lag the rest of the market. Hey, we have only been in a decline for a year and not everyone understands the real estate market. The realtors (by and large) will keep the disinformation flowing – only the suckers are buying now.
Watch prices a year from now, or 2. Or buy now and watch your price diminish!
Just my opinion – there is little underlying value there.
p.s. The best private schools in San Diego are 14K / year for elementary school kids. Stay out of CV and spend the money on private school when you are ready. A 1.4 million dollar house dropping by 10% is roughly 2 kids in private school from 1st to 6th grade. (And getting a much better education.)
