Carmel Valley Single Family Home below 600K

[hugo]

2 beds are not in great demand. That house (12422 Carmel Cape) sold for just 210k in 97. Seems like it needs to drop another 100k

[hugo]

2 beds are not in great demand. That house (12422 Carmel Cape) sold for just 210k in 97. Seems like it needs to drop another 100k

[hugo]

2 beds are not in great demand. That house (12422 Carmel Cape) sold for just 210k in 97. Seems like it needs to drop another 100k

[sdrealtor]

it actually eats up more space then that as there are extra hallways also. I use a rule of thumb that a 1 story lives 15 to 20% bigger. So a 2000 sq ft 1 story is comparable to a 2300 to 2400 2 story home.

[sdrealtor]

it actually eats up more space then that as there are extra hallways also. I use a rule of thumb that a 1 story lives 15 to 20% bigger. So a 2000 sq ft 1 story is comparable to a 2300 to 2400 2 story home.

[sdrealtor]

it actually eats up more space then that as there are extra hallways also. I use a rule of thumb that a 1 story lives 15 to 20% bigger. So a 2000 sq ft 1 story is comparable to a 2300 to 2400 2 story home.

[sdrealtor]

it actually eats up more space then that as there are extra hallways also. I use a rule of thumb that a 1 story lives 15 to 20% bigger. So a 2000 sq ft 1 story is comparable to a 2300 to 2400 2 story home.

[sdrealtor]

it actually eats up more space then that as there are extra hallways also. I use a rule of thumb that a 1 story lives 15 to 20% bigger. So a 2000 sq ft 1 story is comparable to a 2300 to 2400 2 story home.

[Coronita]

jimmyle,

 

With american labor being expensive, adding a room to something that is 1236 sqft seems it would be too expensive to do. Suppose it costs $100k. You're looking at $700k for something roughly 1800sqft. Not worth it imho, particularly there's nothing special about this home (not ocean view, beach front, etc).

 

I like the location of the 1236 sqft house, but it seems a little small for a SFH. You'd probably outgrow it quickly once you have 1 child. For me, I would pass. If you want to go that route and feel that you need something soon, you might as look into a 3 bedroom attached townhomes that are dropping in CV.Townhomes are oversupplied and overstretched in CV. I'm personally hoping for sub-$600k homes to be more prevalent in the future, but I'm not going to say you shouldn't buy now- Personally, I believe in that you buy when you can afford to buy  and what you want. 1236 sqft 2 bd seems small for a family of 3, especially if you want one room for an office/den. 

 

[Coronita]

jimmyle,

 

With american labor being expensive, adding a room to something that is 1236 sqft seems it would be too expensive to do. Suppose it costs $100k. You're looking at $700k for something roughly 1800sqft. Not worth it imho, particularly there's nothing special about this home (not ocean view, beach front, etc).

 

I like the location of the 1236 sqft house, but it seems a little small for a SFH. You'd probably outgrow it quickly once you have 1 child. For me, I would pass. If you want to go that route and feel that you need something soon, you might as look into a 3 bedroom attached townhomes that are dropping in CV.Townhomes are oversupplied and overstretched in CV. I'm personally hoping for sub-$600k homes to be more prevalent in the future, but I'm not going to say you shouldn't buy now- Personally, I believe in that you buy when you can afford to buy  and what you want. 1236 sqft 2 bd seems small for a family of 3, especially if you want one room for an office/den. 

 

[Coronita]

jimmyle,

 

With american labor being expensive, adding a room to something that is 1236 sqft seems it would be too expensive to do. Suppose it costs $100k. You're looking at $700k for something roughly 1800sqft. Not worth it imho, particularly there's nothing special about this home (not ocean view, beach front, etc).

 

I like the location of the 1236 sqft house, but it seems a little small for a SFH. You'd probably outgrow it quickly once you have 1 child. For me, I would pass. If you want to go that route and feel that you need something soon, you might as look into a 3 bedroom attached townhomes that are dropping in CV.Townhomes are oversupplied and overstretched in CV. I'm personally hoping for sub-$600k homes to be more prevalent in the future, but I'm not going to say you shouldn't buy now- Personally, I believe in that you buy when you can afford to buy  and what you want. 1236 sqft 2 bd seems small for a family of 3, especially if you want one room for an office/den. 

 

[Coronita]

jimmyle,

 

With american labor being expensive, adding a room to something that is 1236 sqft seems it would be too expensive to do. Suppose it costs $100k. You're looking at $700k for something roughly 1800sqft. Not worth it imho, particularly there's nothing special about this home (not ocean view, beach front, etc).

 

I like the location of the 1236 sqft house, but it seems a little small for a SFH. You'd probably outgrow it quickly once you have 1 child. For me, I would pass. If you want to go that route and feel that you need something soon, you might as look into a 3 bedroom attached townhomes that are dropping in CV.Townhomes are oversupplied and overstretched in CV. I'm personally hoping for sub-$600k homes to be more prevalent in the future, but I'm not going to say you shouldn't buy now- Personally, I believe in that you buy when you can afford to buy  and what you want. 1236 sqft 2 bd seems small for a family of 3, especially if you want one room for an office/den. 

 

[Coronita]

jimmyle,

 

With american labor being expensive, adding a room to something that is 1236 sqft seems it would be too expensive to do. Suppose it costs $100k. You're looking at $700k for something roughly 1800sqft. Not worth it imho, particularly there's nothing special about this home (not ocean view, beach front, etc).

 

I like the location of the 1236 sqft house, but it seems a little small for a SFH. You'd probably outgrow it quickly once you have 1 child. For me, I would pass. If you want to go that route and feel that you need something soon, you might as look into a 3 bedroom attached townhomes that are dropping in CV.Townhomes are oversupplied and overstretched in CV. I'm personally hoping for sub-$600k homes to be more prevalent in the future, but I'm not going to say you shouldn't buy now- Personally, I believe in that you buy when you can afford to buy  and what you want. 1236 sqft 2 bd seems small for a family of 3, especially if you want one room for an office/den. 

 

[SD Realtor]

I suppose the intent of this thread is to show that CV has some affordability coming however it is still VERY VERY frustrating for young families looking to buy there. Yes there may be a picking here or there but the facts are as displayed on the MLS. There are only 7 listings on the MLS today in CV for detached homes that are under 700k and two of them are not Fee Simple ownership, they are condos.

That blows.

I am not saying it has not come down in price because yes it has. However the demand is strong there because there is still very robust employment. Lots of engineers and other professionals with lots of good income who want good schools.

Anyways it will be nice to see it come down but I think people who are thinking a 450k home that is a 3/2 1800 sf home in the near future may need to recalibrate to the 09 or 10 timeframe.

SD Realtor

[SD Realtor]

I suppose the intent of this thread is to show that CV has some affordability coming however it is still VERY VERY frustrating for young families looking to buy there. Yes there may be a picking here or there but the facts are as displayed on the MLS. There are only 7 listings on the MLS today in CV for detached homes that are under 700k and two of them are not Fee Simple ownership, they are condos.

That blows.

I am not saying it has not come down in price because yes it has. However the demand is strong there because there is still very robust employment. Lots of engineers and other professionals with lots of good income who want good schools.

Anyways it will be nice to see it come down but I think people who are thinking a 450k home that is a 3/2 1800 sf home in the near future may need to recalibrate to the 09 or 10 timeframe.

SD Realtor

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