[quote=xiv014]It’s too bad that HOAs are so prevalent in the newer areas of San Diego. It really limits the choices out there for those of us who are HOA averse.[/quote]
xiv014, the only way your (buying) choices are “limited” here is that you will likely have to purchase an “older” resale to avoid HOA. HOWEVER, that property will undoubtedly be better-located, will likely have a larger lot and likely be situated within walking distance of well-established businesses you would use regularly.
There is no comparison as to which is the better value AND wiser investment, the older property in a well-established (even highly desirable) area OR a newer HOA/MR encumbered property in a less-desirable location. ESPECIALLY if the older property can be purchased under market as a “cosmetic fixer.”
There are also many rural and semi-rural properties without HOAs/MR to choose from in SD County, most on 1-4 AC lots.
You have many more options than you think if you are “HOA averse.”
