- This topic has 115 replies, 19 voices, and was last updated 11 years, 2 months ago by
EconProf.
-
AuthorPosts
-
February 11, 2013 at 10:19 AM #759178February 11, 2013 at 10:55 AM #759179
bearishgurl
Participant[quote=sdduuuude]In my opinion, Paradise Valley is like Rancho Santa Fe or La Jolla. Scottsdale and Awatukee more like Carmel Valley – newer tract homes for families with good schools. Haven’t spent much time anywhere but Awatukee, though.
Don’t know if these are nice neighborhoods or not. Big lots. Big enough to hide a boat. May not even be an HOA on the second one.
http://www.redfin.com/AZ/Scottsdale/11003-E-Sunnyside-Dr-85259/home/27941351
http://www.redfin.com/AZ/Scottsdale/10457-E-Becker-Ln-85259/home/27623333
http://www.redfin.com/AZ/Scottsdale/7520-E-Via-Estrella-Ave-85258/home/27225280%5B/quote%5D
Nice properties, sdduuuude. The first and third one are asking $389k and $375K, respectively.
The first one will NOT accommodate RV access as it is too close to one neighbor and the other side of the house currently has a permanent outbuilding standing there (which might be able to be taken down and and RV gate built). I can’t tell the possible access from the curb to there.
I didn’t see any indication of an HOA on the 2nd one, either.
ALL of these homes are 4/2/2 and are in the ~2000 sf range, NOT 3000 sf. There are no 3rd baths or 3rd garage bays in any of them.
The second one has the best lot to park a boat on and is in the price range of the OP’s friend.
The first one needs A LOT of work before I see a typical “Gen-Y buyer” moving in. By its “decor,” I’m surmising that it currently has owners of 60+ years old.
They can find comparable properties to these three in Santee, Lakeside and Ramona for $350K.
February 11, 2013 at 11:02 AM #759180sdduuuude
Participant[quote=bearishgurl]They can find comparable properties to these three in Santee, Lakeside and Ramona for $350K.[/quote]
Yes, but then they’d be in Santee, Lakeside or Ramona. Scottsdale is not the “Santee” of Phoenix.
February 11, 2013 at 11:37 AM #759182SK in CV
Participant[quote=sdduuuude]In my opinion, Paradise Valley is like Rancho Santa Fe or La Jolla. Scottsdale and Awatukee more like Carmel Valley – newer tract homes for families with good schools. Haven’t spent much time anywhere but Awatukee, though.
[/quote]
PV is a bit like RSF, though there aren’t anywhere near the number of big acreage lots. It is upper income but the homes really don’t compare.
Ahwatukee is nothing like CV, at least demographically. Schools, on the whole, are maybe a bit above average but that’s it. Scottsdale has areas that are a bit like CV, but it also has 50+ year old neighborhoods. My sister in law grew up in a house that was built in the late 40’s and the neighborhood doesn’t look a lot different than when she was a kid. The city is 20 times the size of La Mesa. Bigger than any city in SD county other than the city of SD. The demographics are all over the place. So comparing it with any neighborhood in SD can’t be very accurate.
February 11, 2013 at 11:38 AM #759183Participant[quote=spdrun]SKANKSDALE! I love the smell of hair bleach in the morning![/quote]
You have no idea what you’re talking about.
February 11, 2013 at 11:41 AM #759184Participant[quote=sdduuuude][quote=bearishgurl]They can find comparable properties to these three in Santee, Lakeside and Ramona for $350K.[/quote]
Yes, but then they’d be in Santee, Lakeside or Ramona. Scottsdale is not the “Santee” of Phoenix.[/quote]
I understand this but Scottsdale is located on the desert floor and SD East County is still considered “Mediterranean.”
My point is that it is NOT cheaper (for the type of property the OP’s friend wants to buy) within 20 miles of PHX vis a vis 20 miles from his employer in Rancho Bernardo (SD).
No one here has shown that the schools are actually “better” or “higher-scoring” in the Scottsdale area than they are in Lakeside, Santee or Ramona.
And, in the $350K price range, they would have much better luck parking their boat on SFR properties in those SD communities than the ones in Scottsdale IMHO.
If they were in a $550K+ price range, I might change my tune on this subject :=]
February 11, 2013 at 11:46 AM #759185Participant[quote=SK in CV][quote=sdduuuude]In my opinion, Paradise Valley is like Rancho Santa Fe or La Jolla. Scottsdale and Awatukee more like Carmel Valley – newer tract homes for families with good schools. Haven’t spent much time anywhere but Awatukee, though.
[/quote]
PV is a bit like RSF, though there aren’t anywhere near the number of big acreage lots. It is upper income but the homes really don’t compare.
Ahwatukee is nothing like CV, at least demographically. Schools, on the whole, are maybe a bit above average but that’s it. Scottsdale has areas that are a bit like CV, but it also has 50+ year old neighborhoods. My sister in law grew up in a house that was built in the late 40’s and the neighborhood doesn’t look a lot different than when she was a kid. The city is 20 times the size of La Mesa. Bigger than any city in SD county other than the city of SD. The demographics are all over the place. So comparing it with any neighborhood in SD can’t be very accurate.[/quote]
Thanks, SK. The OP’s friend stated he wanted to buy a *newer* 4-5/3/3 home in PHX.
Can you tell us what the *newer* ~2500 sf SFRs are selling for in Scottsdale that are within the subdivisions which are “a bit like CV” (SD)?
February 11, 2013 at 12:31 PM #759189Participant[quote=bearishgurl]
Can you tell us what the *newer* ~2500 sf SFRs are selling for in Scottsdale that are within the subdivisions which are “a bit like CV” (SD)?[/quote]Anywhere from low $300K’s to more than double that. There are dozens of developments near the NE corner of the 101 Loop that fit most, if not all of the requirements, though I have no idea about the RV parking. It’s probably 20 to 25 minutes to the airport from that area once you’re on the freeway.
One of the issues you’ve raised a few times is the distance to the city center. I’d argue that is immaterial here. In more than 18 months, I’ve needed to go downtown maybe 3 times, once to a ball game, once to a concert. Unless someone works there, there’s just no reason go there anymore than any other part of town.
February 11, 2013 at 4:13 PM #759198Participant[quote=bearishgurl]Can you tell us what the *newer* ~2500 sf SFRs are selling for in Scottsdale that are within the subdivisions which are “a bit like CV” (SD)?[/quote]
bg, give it up.
Why compare a subdivision that is even remotely like CV with something that is in f-ing Lakeside, Santee and Ramona. It’s nonsensical. You can’t sell a guy who can afford a house in Scottsdale on Lakeside, Ramona and Santee at any price. If you don’t understand that, then don’t even bother trying to “help.”
Awahtukee is difficult to compare to anything in SD. It represents nice middle ground between CV and San Diego City Schools. The Awahtukee foothills, though, are super nice. Lots of big, custom homes there.
February 11, 2013 at 4:14 PM #759196flyer
ParticipantAlthough I completely agree with the plans of the family who are the topic of this discussion, as I mentioned in an earlier post–after personally living in AZ, having investment properties in AZ, and knowing lots of people who live there, the general concensus is pretty much the same–and that is–that most people don’t relocate to AZ unless there are very good reasons, and most don’t stay unless they have to. On the other hand–some people do love it–just as it is–and would never live anywhere else.
Most people we know are planning to move back to San Diego, or elsewhere, as soon as they possibly can–and they’ve lived in the very best areas of AZ for many years. Many of our pilot friends who live there have already purchased retirement homes in San Diego or elsewhere.
For the purposes of this discussion, it sounds like the family who is planning to move to AZ is doing so for all of the right reasons at this point in time. I’m sure they’ll do very well, and be in a position to make other plans if they so choose in the future.
February 11, 2013 at 6:26 PM #759201Participant[quote=sdduuuude][quote=bearishgurl]Can you tell us what the *newer* ~2500 sf SFRs are selling for in Scottsdale that are within the subdivisions which are “a bit like CV” (SD)?[/quote]
bg, give it up.
Why compare a subdivision that is even remotely like CV with something that is in f-ing Lakeside, Santee and Ramona. It’s nonsensical. You can’t sell a guy who can afford a house in Scottsdale on Lakeside, Ramona and Santee at any price. If you don’t understand that, then don’t even bother trying to “help.”
Awahtukee is difficult to compare to anything in SD. It represents nice middle ground between CV and San Diego City Schools. The Awahtukee foothills, though, are super nice. Lots of big, custom homes there.[/quote]
sdduuuude, he stated he could “afford” $350K. Whether or not that could get him what he stated he wanted (a 4-5/3/3 SFR with pool and RV pkg/access in Scottsdale [or anywhere else within a ~20 mile radius of dtn PHX]) is still up for debate. So far, I have not seen anything remotely resembling these “requirements” for $350K there.
Nor have I heard any apples-to-apples comparison of schools from SD County to PHX.
None of those SD county communities I mentioned are more or lesser than any area you or SK mentioned here (excepting that parts of Scottsdale seem to be geared toward tourists). All of these three SD communities have entry level housing up to ~$700K housing (and Ramona has even higher-priced housing than that).
The “we will have a better life in PHX” mantra is all conjecture borne out of misinformation that the OP’s friend received.
He sounds dissatisfied with SD because he chose a smallish rental for $2000 month and is presumably living “paycheck to paycheck.”
That didn’t need to happen. He had MANY other rental choices where he could have saved MORE money towards a house to buy. If he had done this, they may have not been shopping in the “$350K category” today and we wouldn’t be having this conversation 🙂
February 11, 2013 at 6:44 PM #759202Participant[quote=bearishgurl]
sdduuuude, he stated he could “afford” $350K. Whether or not that could get him what he stated he wanted (a 4-5/3/3 SFR with pool and RV pkg/access in Scottsdale [or anywhere else within a ~20 mile radius of dtn PHX]) is still up for debate. So far, I have not seen anything remotely resembling these “requirements” for $350K there.The “we will have a better life in PHX” mantra is all conjecture borne out of misinformation that the OP’s friend received.
[/quote]
He can get that house, though maybe a little outside the 20 mile radius of downtown. Though that seems to be your requirement, not his. As I’ve said, it is pretty meaningless requirement unless the job is downtown.
Whether it would be a better life is arguable. But more than 4 million people think that it’s a pretty decent lifestyle in Phoenix.
February 11, 2013 at 7:39 PM #759203Participanthttp://swz.salary.com/salarywizard/layouthtmls/swzl_statetaxrate_CA.html
http://swz.salary.com/salarywizard/layouthtmls/swzl_statetaxrate_AZ.html
State tax rate between 50K and 150K of income:
AZ:4.24% vs. CA:9.3%Sales tax.
San Diego: 8%
Phoenix: 9.3%If you want to compare Lakeside to Scottsdale, you go right ahead. This is one reason why that may not be a good idea. % Percent bachelor’s degree or higher:
Scottsdale: 52.9%
Santee: 17.6%
Lakeside: 13.4%
Ramona: 23.1%February 11, 2013 at 11:48 PM #759211Participant[quote=sdduuuude]http://swz.salary.com/salarywizard/layouthtmls/swzl_statetaxrate_CA.html
http://swz.salary.com/salarywizard/layouthtmls/swzl_statetaxrate_AZ.html
State tax rate between 50K and 150K of income:
AZ:4.24% vs. CA:9.3%Sales tax.
San Diego: 8%
Phoenix: 9.3%If you want to compare Lakeside to Scottsdale, you go right ahead. This is one reason why that may not be a good idea. % Percent bachelor’s degree or higher:
Scottsdale: 52.9%
Santee: 17.6%
Lakeside: 13.4%
Ramona: 23.1%http://www.teracodes.com/zip-codes/85255/
http://www.teracodes.com/zip-codes/92040/%5B/quote%5D
sdduuuude, can I just ask you what a “bachelor’s degree” has to do with the price of tea in China?
H@ll, there are MANY property owners in MH, PL, LJ and DM, for that matter, who have never even SEEN the inside of a college campus! Some of them no doubt possess “GEDs” or are actually “HS dropouts.” This fact in an of itself doesn’t make them “stupid” or “bad neighbors.”
The truth is, East County (SD) is full of “old-timers” who grew up there, established themselves as adults there and never left. That doesn’t make them “stupid” or “unable to make their mortgage payments because they got in over their head,” like so many seemingly “highly educated” people drawn to *newer* areas did!
I’d like to see how the rest of PHX fares in the “college-degree attained” contest because I don’t think this “OP’s friend” can afford Scottsdale, lol. At least not for the property he wants to buy. They’re currently living “paycheck to paycheck” paying $2000 mo rent in SD.
How much does the sum of utilities plus possible HOA dues added to monthly PITI come to every month on the OP’s friend’s “required” house in PHX?
If it is anywhere close to $2000, they will again be living “paycheck to paycheck.” And that is only if his spouse is able to land a $50K job there (so they will not have any drop from their current SD income).
The Piggs should all know by now that “educational attainment or lack thereof” has absolutely NOTHING TO DO with having personal integrity … or not. That is, many of those who have little to no personal integrity often find themselves deliberately getting in over their head in debt in attempting to live beyond their means, college degreed be damned. The reality is, the “highly educated” are the WORST OFFENDERS in this regard.
WHY? Because they somehow think they “deserve” to live a particular “lifestyle” based upon “educational attainment” and don’t wish to gain equity by living a “lesser lifestyle” in a lesser area first, like the rest of the world does. IOW, “paying their dues” has gone out the window.
It is a known fact that an individual’s educational-level attained has little to nothing to do with (depending on micro-area) the equity value of their RE holdings (or lack thereof) in CA.
Call it what you will and lament all you want but as a matter of fact, the micro-areas of CA that reflect the MOST homeowner equity are actually those with the LEAST-educated homeowners!
Gen Y and other “striving” Piggs need to make peace with this fact because it’s the way it is and always has been.
You can’t fix it.
February 12, 2013 at 12:53 AM #759212ParticipantPlease provide data to back this up:
“as a matter of fact, the micro-areas of CA that reflect the MOST homeowner equity are actually those with the LEAST-educated homeowners.”
Even if you do produce the data, I – and most other people who have graduated college – would rather live amongst well-educated people than not-so-well-educated people. Also, I would suspect that the college graduation rate corresponds directly to the school quality for a neighborhood. You want to compare Scottsdale schools to Santee schools and convince our prospective AZ resident that their kids will thrive better in a Santee/Lakeside school than Scottsdale ? Really ?
The 13% college degree rate is one of the many things that makes Lakeside … Lakeside. Study Jeff Foxworthy for others.
I am done comparing Scottsdale to Santee. It is foolish.
-
AuthorPosts
- You must be logged in to reply to this topic.