Are we crazy for paying this price?

[sdrealtor]

Pem
The kensington house was built in the 30’s and had no usuable lot. This one is built in the 70’s and has a nice usuable lot. While not an expert of those hoods, I would say a location on the rim that far north of adams in NH is on par with the one in kensington.

[sdrealtor]

nocommon
they arent paying 300K higher than their target. The house is actually in the low 700’s.

[sdrealtor]

nocommon
they arent paying 300K higher than their target. The house is actually in the low 700’s.

[sdrealtor]

nocommon
they arent paying 300K higher than their target. The house is actually in the low 700’s.

[sdrealtor]

nocommon
they arent paying 300K higher than their target. The house is actually in the low 700’s.

[sdrealtor]

nocommon
they arent paying 300K higher than their target. The house is actually in the low 700’s.

[pemeliza]

This one is 3 doors down from the Palisades listing

http://www.zillow.com/homedetails/4104-Palisades-Rd-San-Diego-CA-92116/16947780_zpid/

and sold for 1.1M in 1994.

The one 2 doors down

http://www.zillow.com/homedetails/4110-Palisades-Rd-San-Diego-CA-92116/16947781_zpid/

sold for 680k in 1995.

The one next door

http://www.zillow.com/homedetails/4118-Palisades-Rd-San-Diego-CA-92116/16947782_zpid/

sold for 546k in 1992.

These are very high prices for those time periods.

I think the guy on Palisades bought potential while the one on Hawley looks more turn-key so that is a big difference there. Also, as you say getting the canyon and sunset view as well as a nice flat backyard is pretty rare around here.

[pemeliza]

This one is 3 doors down from the Palisades listing

http://www.zillow.com/homedetails/4104-Palisades-Rd-San-Diego-CA-92116/16947780_zpid/

and sold for 1.1M in 1994.

The one 2 doors down

http://www.zillow.com/homedetails/4110-Palisades-Rd-San-Diego-CA-92116/16947781_zpid/

sold for 680k in 1995.

The one next door

http://www.zillow.com/homedetails/4118-Palisades-Rd-San-Diego-CA-92116/16947782_zpid/

sold for 546k in 1992.

These are very high prices for those time periods.

I think the guy on Palisades bought potential while the one on Hawley looks more turn-key so that is a big difference there. Also, as you say getting the canyon and sunset view as well as a nice flat backyard is pretty rare around here.

[pemeliza]

This one is 3 doors down from the Palisades listing

http://www.zillow.com/homedetails/4104-Palisades-Rd-San-Diego-CA-92116/16947780_zpid/

and sold for 1.1M in 1994.

The one 2 doors down

http://www.zillow.com/homedetails/4110-Palisades-Rd-San-Diego-CA-92116/16947781_zpid/

sold for 680k in 1995.

The one next door

http://www.zillow.com/homedetails/4118-Palisades-Rd-San-Diego-CA-92116/16947782_zpid/

sold for 546k in 1992.

These are very high prices for those time periods.

I think the guy on Palisades bought potential while the one on Hawley looks more turn-key so that is a big difference there. Also, as you say getting the canyon and sunset view as well as a nice flat backyard is pretty rare around here.

[pemeliza]

This one is 3 doors down from the Palisades listing

http://www.zillow.com/homedetails/4104-Palisades-Rd-San-Diego-CA-92116/16947780_zpid/

and sold for 1.1M in 1994.

The one 2 doors down

http://www.zillow.com/homedetails/4110-Palisades-Rd-San-Diego-CA-92116/16947781_zpid/

sold for 680k in 1995.

The one next door

http://www.zillow.com/homedetails/4118-Palisades-Rd-San-Diego-CA-92116/16947782_zpid/

sold for 546k in 1992.

These are very high prices for those time periods.

I think the guy on Palisades bought potential while the one on Hawley looks more turn-key so that is a big difference there. Also, as you say getting the canyon and sunset view as well as a nice flat backyard is pretty rare around here.

[pemeliza]

This one is 3 doors down from the Palisades listing

http://www.zillow.com/homedetails/4104-Palisades-Rd-San-Diego-CA-92116/16947780_zpid/

and sold for 1.1M in 1994.

The one 2 doors down

http://www.zillow.com/homedetails/4110-Palisades-Rd-San-Diego-CA-92116/16947781_zpid/

sold for 680k in 1995.

The one next door

http://www.zillow.com/homedetails/4118-Palisades-Rd-San-Diego-CA-92116/16947782_zpid/

sold for 546k in 1992.

These are very high prices for those time periods.

I think the guy on Palisades bought potential while the one on Hawley looks more turn-key so that is a big difference there. Also, as you say getting the canyon and sunset view as well as a nice flat backyard is pretty rare around here.

[sdrealtor]

Agree, those are soem pretty incredible homes particularly the first one with cl;ose to 6000 sq ft and 3/4 acre. It looks like an amazing estate quality property. While not a neighborhood expert, I think something like that would carry the similar value anywhere on that rim.

I think the OP will probably be very happy in that location for a long time if they follow through.

[sdrealtor]

Agree, those are soem pretty incredible homes particularly the first one with cl;ose to 6000 sq ft and 3/4 acre. It looks like an amazing estate quality property. While not a neighborhood expert, I think something like that would carry the similar value anywhere on that rim.

I think the OP will probably be very happy in that location for a long time if they follow through.

[sdrealtor]

Agree, those are soem pretty incredible homes particularly the first one with cl;ose to 6000 sq ft and 3/4 acre. It looks like an amazing estate quality property. While not a neighborhood expert, I think something like that would carry the similar value anywhere on that rim.

I think the OP will probably be very happy in that location for a long time if they follow through.

[sdrealtor]

Agree, those are soem pretty incredible homes particularly the first one with cl;ose to 6000 sq ft and 3/4 acre. It looks like an amazing estate quality property. While not a neighborhood expert, I think something like that would carry the similar value anywhere on that rim.

I think the OP will probably be very happy in that location for a long time if they follow through.

[Author]

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