Highlands Village in Carmel Valley: need advice!

[teacherSD]

[quote=lepetitangel]

I checked the school district for Highland Village. K1~6 it’s Del Mar School district while K6~12 it’s San Diequito school district. I read on other forums that San Diequito is not so good. Is that true?

[/quote]

Where did you read that San Dieguito was not a good school district?

What high school district in San Diego County would be better? Maybe Poway? I think many people consider San Dieguito the best.

[SD Realtor]

Hi Lepitit –

I am in agreement with what FLU posted. I have a hard time justifying over half a million for what amounts to a townhouse. The majority of people who are young (dual earner) families in Carmel Valley do like it alot. The schools and proximity to the areas of where they work seem to fit very well into the lifestyle they have. Accordingly many of these families do not have a need for a large yard so they are very satisfied with what they have. The priorities they have include wanting a newer home so they do not have to deal with repairs and/or upgrades, proximity for communiting and school district.

As for San Dieguito not being a great school district I do not really agree with that statement.

As for will you get 10% appreciation on your home in 10 years… well that is tricky as well. I think that there are larger issues that will affect home prices which will impact everyone. The primary concern is that the bond market will tank between now and then and we will all be living in a high interest environment. This will be macroscopic in nature and in a large event like that it is hard to tell how Carmel Valley townhomes will hold up verses like properties in the county.

I do agree with you regarding the resiliency of Carmel Valley in general. Yes it is highly desired and as long as there are engineering jobs in the triangle and surrounding area, Carmel Valley will do okay. Make no mistake there was depreciation in Carmel Valley in the recent cycle however it fared very well against other parts of the county. I think buying where you like, what fits your lifestyle and what is best for your family is important.

Again I am a bit more concerned with the big picture of the financing for our country rather then CV holding up. I think CV will always do well like you implied. As for townhomes that concerns me a bit more then detached.

[SD Realtor]

Hi Lepitit –

I am in agreement with what FLU posted. I have a hard time justifying over half a million for what amounts to a townhouse. The majority of people who are young (dual earner) families in Carmel Valley do like it alot. The schools and proximity to the areas of where they work seem to fit very well into the lifestyle they have. Accordingly many of these families do not have a need for a large yard so they are very satisfied with what they have. The priorities they have include wanting a newer home so they do not have to deal with repairs and/or upgrades, proximity for communiting and school district.

As for San Dieguito not being a great school district I do not really agree with that statement.

As for will you get 10% appreciation on your home in 10 years… well that is tricky as well. I think that there are larger issues that will affect home prices which will impact everyone. The primary concern is that the bond market will tank between now and then and we will all be living in a high interest environment. This will be macroscopic in nature and in a large event like that it is hard to tell how Carmel Valley townhomes will hold up verses like properties in the county.

I do agree with you regarding the resiliency of Carmel Valley in general. Yes it is highly desired and as long as there are engineering jobs in the triangle and surrounding area, Carmel Valley will do okay. Make no mistake there was depreciation in Carmel Valley in the recent cycle however it fared very well against other parts of the county. I think buying where you like, what fits your lifestyle and what is best for your family is important.

Again I am a bit more concerned with the big picture of the financing for our country rather then CV holding up. I think CV will always do well like you implied. As for townhomes that concerns me a bit more then detached.

[SD Realtor]

Hi Lepitit –

I am in agreement with what FLU posted. I have a hard time justifying over half a million for what amounts to a townhouse. The majority of people who are young (dual earner) families in Carmel Valley do like it alot. The schools and proximity to the areas of where they work seem to fit very well into the lifestyle they have. Accordingly many of these families do not have a need for a large yard so they are very satisfied with what they have. The priorities they have include wanting a newer home so they do not have to deal with repairs and/or upgrades, proximity for communiting and school district.

As for San Dieguito not being a great school district I do not really agree with that statement.

As for will you get 10% appreciation on your home in 10 years… well that is tricky as well. I think that there are larger issues that will affect home prices which will impact everyone. The primary concern is that the bond market will tank between now and then and we will all be living in a high interest environment. This will be macroscopic in nature and in a large event like that it is hard to tell how Carmel Valley townhomes will hold up verses like properties in the county.

I do agree with you regarding the resiliency of Carmel Valley in general. Yes it is highly desired and as long as there are engineering jobs in the triangle and surrounding area, Carmel Valley will do okay. Make no mistake there was depreciation in Carmel Valley in the recent cycle however it fared very well against other parts of the county. I think buying where you like, what fits your lifestyle and what is best for your family is important.

Again I am a bit more concerned with the big picture of the financing for our country rather then CV holding up. I think CV will always do well like you implied. As for townhomes that concerns me a bit more then detached.

[SD Realtor]

Hi Lepitit –

I am in agreement with what FLU posted. I have a hard time justifying over half a million for what amounts to a townhouse. The majority of people who are young (dual earner) families in Carmel Valley do like it alot. The schools and proximity to the areas of where they work seem to fit very well into the lifestyle they have. Accordingly many of these families do not have a need for a large yard so they are very satisfied with what they have. The priorities they have include wanting a newer home so they do not have to deal with repairs and/or upgrades, proximity for communiting and school district.

As for San Dieguito not being a great school district I do not really agree with that statement.

As for will you get 10% appreciation on your home in 10 years… well that is tricky as well. I think that there are larger issues that will affect home prices which will impact everyone. The primary concern is that the bond market will tank between now and then and we will all be living in a high interest environment. This will be macroscopic in nature and in a large event like that it is hard to tell how Carmel Valley townhomes will hold up verses like properties in the county.

I do agree with you regarding the resiliency of Carmel Valley in general. Yes it is highly desired and as long as there are engineering jobs in the triangle and surrounding area, Carmel Valley will do okay. Make no mistake there was depreciation in Carmel Valley in the recent cycle however it fared very well against other parts of the county. I think buying where you like, what fits your lifestyle and what is best for your family is important.

Again I am a bit more concerned with the big picture of the financing for our country rather then CV holding up. I think CV will always do well like you implied. As for townhomes that concerns me a bit more then detached.

[SD Realtor]

Hi Lepitit –

I am in agreement with what FLU posted. I have a hard time justifying over half a million for what amounts to a townhouse. The majority of people who are young (dual earner) families in Carmel Valley do like it alot. The schools and proximity to the areas of where they work seem to fit very well into the lifestyle they have. Accordingly many of these families do not have a need for a large yard so they are very satisfied with what they have. The priorities they have include wanting a newer home so they do not have to deal with repairs and/or upgrades, proximity for communiting and school district.

As for San Dieguito not being a great school district I do not really agree with that statement.

As for will you get 10% appreciation on your home in 10 years… well that is tricky as well. I think that there are larger issues that will affect home prices which will impact everyone. The primary concern is that the bond market will tank between now and then and we will all be living in a high interest environment. This will be macroscopic in nature and in a large event like that it is hard to tell how Carmel Valley townhomes will hold up verses like properties in the county.

I do agree with you regarding the resiliency of Carmel Valley in general. Yes it is highly desired and as long as there are engineering jobs in the triangle and surrounding area, Carmel Valley will do okay. Make no mistake there was depreciation in Carmel Valley in the recent cycle however it fared very well against other parts of the county. I think buying where you like, what fits your lifestyle and what is best for your family is important.

Again I am a bit more concerned with the big picture of the financing for our country rather then CV holding up. I think CV will always do well like you implied. As for townhomes that concerns me a bit more then detached.

[Coronita]

[quote=lepetitangel]Hi Flu,
Thanks for your advice. I’ve seen your posts on various topics and I really respect your opinions.

I agree that 500s~600s are still pretty expensive. However, for supply and demand, it’s hard for the CV housing price to drop?? I like CV cuz my parents have a SFH here since 2004, and I realize in terms of commuting convenience, it’s probably one of the best locations in San Diego. It doesn’t get too hot in the summer, and it’s pretty centralized. I hope the price do come down in the next 6 months although you also said Pardee controls the releases and pricing very well. Sigh…

I checked the school district for Highland Village. K1~6 it’s Del Mar School district while K6~12 it’s San Diequito school district. I read on other forums that San Diequito is not so good. Is that true?

We just got married last year and don’t anticipate to have kids for another 2 years. Basically we’ll be looking at 8+ years from now when we have to send kids to elementary school. I have thought that maybe by then we would sell the townhome we buy now, and buy another SFH. This is based on the assumption that the townhome we purchase for $600K now would go to $650K in 10 years with inflation (how housing traditionally rises in prices). How do you think about that idea in terms of concerns for kids education?

Again your advice is very appreciated.

p.s Do you think the housing double-dip can impact pricing in the CV area this year? I’ve been watching CV and 4S Ranch. If you compare the inventory on sdlookup, both areas have been rising 30~40% in inventory since January.[/quote]

So you aren’t having plans to have a kids anytime soon, and the only reason for living in CV is convenience. It’s even more so why I really think you shouldn’t be buying a townhome in CV, and in this particular location….

The area around Carmel Country Highland where Highland Village is situated is are mostly SFH family with kids….I think you folks would sort of feel out of place and be bored, because while Pardee is trying to build out this area with malls/etc, no telling how long it’s going to take. You will be bored to tears on the weekends if you live in Highland Village, because you will need to drive everywhere to do even the most basic stuff…The closest thing in the short term would be a Vons in Torrey Hills (and it’s not really walking distance from Highland Village)…The other things likes parks/rec center, you probably won’t use until you have kids.

Townhomes in the Del Mar Heights area(older CV) probably would suite you guys better, because it’s more of a yuppie/dinc/young couple scene. We use to live in townhome in Del Mar Heights and it was nice to be able to walk to the theaters/malls/rec-center/library/etc when we had no kid/etc. It was really convenient and it’s a generally young area were there’s plenty of young people…..Then we had a kid, and a more family oriented area….Hence, my second point…

Trust me, when you have 1 kid, you will want a SFH with at least a patio and/or walking distance to a park, and you won’t want the yuppie/dinc see anymore. You want walking distances to parks/walking distances to schools/etc…

My third point is you aren’t going to get a stellar deal on Highland Village townhome at $600k. How much is HOA? If I recall it’s around $300/month. Also, figure out how much mello-ruse(sic) is going to be… It adds up…You folks are just starting out in your marriage…And a lot can change from now until you have a kids. Job transfers, relocations/etc… I would say go against the norm and settle down with your marriage first, save up, and then see what happens.
Personally, for owner occupancy, I would only consdier it if you could get a 3/3 for low $500k….

I think you folks should keep your eye on SFH homes in Carriage Run to see if we have any resales in the future that come in within the $600s…No, they aren’t happening yet…. They are still completing homes on the bad side (the side of the power lines)…But it will be interesting to see if we have any fallouts in this community…but like everyone else, I’m waiting to see if it happens.

Even if you are able to buy townhome for $600k and sell it $650k 10 years later, you are going to lose money…Factor how much you will pay more on a monthly basis for your mortgage/proptax/hoa versus the cost of a rental, I think you’ll be closer to being negative in about 3-4 years versus if you just rented a townhome. If you don’t have long term plans to stay there, you’re going to lose money (unless it doesn’t bother you).

There’s absolutely nothing wrong with renting right now…While it shouldn’t stop looking, I really don’t think you need to rush to buy a townhome in CV.

My 2cents.

[Coronita]

[quote=lepetitangel]Hi Flu,
Thanks for your advice. I’ve seen your posts on various topics and I really respect your opinions.

I agree that 500s~600s are still pretty expensive. However, for supply and demand, it’s hard for the CV housing price to drop?? I like CV cuz my parents have a SFH here since 2004, and I realize in terms of commuting convenience, it’s probably one of the best locations in San Diego. It doesn’t get too hot in the summer, and it’s pretty centralized. I hope the price do come down in the next 6 months although you also said Pardee controls the releases and pricing very well. Sigh…

I checked the school district for Highland Village. K1~6 it’s Del Mar School district while K6~12 it’s San Diequito school district. I read on other forums that San Diequito is not so good. Is that true?

We just got married last year and don’t anticipate to have kids for another 2 years. Basically we’ll be looking at 8+ years from now when we have to send kids to elementary school. I have thought that maybe by then we would sell the townhome we buy now, and buy another SFH. This is based on the assumption that the townhome we purchase for $600K now would go to $650K in 10 years with inflation (how housing traditionally rises in prices). How do you think about that idea in terms of concerns for kids education?

Again your advice is very appreciated.

p.s Do you think the housing double-dip can impact pricing in the CV area this year? I’ve been watching CV and 4S Ranch. If you compare the inventory on sdlookup, both areas have been rising 30~40% in inventory since January.[/quote]

So you aren’t having plans to have a kids anytime soon, and the only reason for living in CV is convenience. It’s even more so why I really think you shouldn’t be buying a townhome in CV, and in this particular location….

The area around Carmel Country Highland where Highland Village is situated is are mostly SFH family with kids….I think you folks would sort of feel out of place and be bored, because while Pardee is trying to build out this area with malls/etc, no telling how long it’s going to take. You will be bored to tears on the weekends if you live in Highland Village, because you will need to drive everywhere to do even the most basic stuff…The closest thing in the short term would be a Vons in Torrey Hills (and it’s not really walking distance from Highland Village)…The other things likes parks/rec center, you probably won’t use until you have kids.

Townhomes in the Del Mar Heights area(older CV) probably would suite you guys better, because it’s more of a yuppie/dinc/young couple scene. We use to live in townhome in Del Mar Heights and it was nice to be able to walk to the theaters/malls/rec-center/library/etc when we had no kid/etc. It was really convenient and it’s a generally young area were there’s plenty of young people…..Then we had a kid, and a more family oriented area….Hence, my second point…

Trust me, when you have 1 kid, you will want a SFH with at least a patio and/or walking distance to a park, and you won’t want the yuppie/dinc see anymore. You want walking distances to parks/walking distances to schools/etc…

My third point is you aren’t going to get a stellar deal on Highland Village townhome at $600k. How much is HOA? If I recall it’s around $300/month. Also, figure out how much mello-ruse(sic) is going to be… It adds up…You folks are just starting out in your marriage…And a lot can change from now until you have a kids. Job transfers, relocations/etc… I would say go against the norm and settle down with your marriage first, save up, and then see what happens.
Personally, for owner occupancy, I would only consdier it if you could get a 3/3 for low $500k….

I think you folks should keep your eye on SFH homes in Carriage Run to see if we have any resales in the future that come in within the $600s…No, they aren’t happening yet…. They are still completing homes on the bad side (the side of the power lines)…But it will be interesting to see if we have any fallouts in this community…but like everyone else, I’m waiting to see if it happens.

Even if you are able to buy townhome for $600k and sell it $650k 10 years later, you are going to lose money…Factor how much you will pay more on a monthly basis for your mortgage/proptax/hoa versus the cost of a rental, I think you’ll be closer to being negative in about 3-4 years versus if you just rented a townhome. If you don’t have long term plans to stay there, you’re going to lose money (unless it doesn’t bother you).

There’s absolutely nothing wrong with renting right now…While it shouldn’t stop looking, I really don’t think you need to rush to buy a townhome in CV.

My 2cents.

[Coronita]

[quote=lepetitangel]Hi Flu,
Thanks for your advice. I’ve seen your posts on various topics and I really respect your opinions.

I agree that 500s~600s are still pretty expensive. However, for supply and demand, it’s hard for the CV housing price to drop?? I like CV cuz my parents have a SFH here since 2004, and I realize in terms of commuting convenience, it’s probably one of the best locations in San Diego. It doesn’t get too hot in the summer, and it’s pretty centralized. I hope the price do come down in the next 6 months although you also said Pardee controls the releases and pricing very well. Sigh…

I checked the school district for Highland Village. K1~6 it’s Del Mar School district while K6~12 it’s San Diequito school district. I read on other forums that San Diequito is not so good. Is that true?

We just got married last year and don’t anticipate to have kids for another 2 years. Basically we’ll be looking at 8+ years from now when we have to send kids to elementary school. I have thought that maybe by then we would sell the townhome we buy now, and buy another SFH. This is based on the assumption that the townhome we purchase for $600K now would go to $650K in 10 years with inflation (how housing traditionally rises in prices). How do you think about that idea in terms of concerns for kids education?

Again your advice is very appreciated.

p.s Do you think the housing double-dip can impact pricing in the CV area this year? I’ve been watching CV and 4S Ranch. If you compare the inventory on sdlookup, both areas have been rising 30~40% in inventory since January.[/quote]

So you aren’t having plans to have a kids anytime soon, and the only reason for living in CV is convenience. It’s even more so why I really think you shouldn’t be buying a townhome in CV, and in this particular location….

The area around Carmel Country Highland where Highland Village is situated is are mostly SFH family with kids….I think you folks would sort of feel out of place and be bored, because while Pardee is trying to build out this area with malls/etc, no telling how long it’s going to take. You will be bored to tears on the weekends if you live in Highland Village, because you will need to drive everywhere to do even the most basic stuff…The closest thing in the short term would be a Vons in Torrey Hills (and it’s not really walking distance from Highland Village)…The other things likes parks/rec center, you probably won’t use until you have kids.

Townhomes in the Del Mar Heights area(older CV) probably would suite you guys better, because it’s more of a yuppie/dinc/young couple scene. We use to live in townhome in Del Mar Heights and it was nice to be able to walk to the theaters/malls/rec-center/library/etc when we had no kid/etc. It was really convenient and it’s a generally young area were there’s plenty of young people…..Then we had a kid, and a more family oriented area….Hence, my second point…

Trust me, when you have 1 kid, you will want a SFH with at least a patio and/or walking distance to a park, and you won’t want the yuppie/dinc see anymore. You want walking distances to parks/walking distances to schools/etc…

My third point is you aren’t going to get a stellar deal on Highland Village townhome at $600k. How much is HOA? If I recall it’s around $300/month. Also, figure out how much mello-ruse(sic) is going to be… It adds up…You folks are just starting out in your marriage…And a lot can change from now until you have a kids. Job transfers, relocations/etc… I would say go against the norm and settle down with your marriage first, save up, and then see what happens.
Personally, for owner occupancy, I would only consdier it if you could get a 3/3 for low $500k….

I think you folks should keep your eye on SFH homes in Carriage Run to see if we have any resales in the future that come in within the $600s…No, they aren’t happening yet…. They are still completing homes on the bad side (the side of the power lines)…But it will be interesting to see if we have any fallouts in this community…but like everyone else, I’m waiting to see if it happens.

Even if you are able to buy townhome for $600k and sell it $650k 10 years later, you are going to lose money…Factor how much you will pay more on a monthly basis for your mortgage/proptax/hoa versus the cost of a rental, I think you’ll be closer to being negative in about 3-4 years versus if you just rented a townhome. If you don’t have long term plans to stay there, you’re going to lose money (unless it doesn’t bother you).

There’s absolutely nothing wrong with renting right now…While it shouldn’t stop looking, I really don’t think you need to rush to buy a townhome in CV.

My 2cents.

[Coronita]

[quote=lepetitangel]Hi Flu,
Thanks for your advice. I’ve seen your posts on various topics and I really respect your opinions.

I agree that 500s~600s are still pretty expensive. However, for supply and demand, it’s hard for the CV housing price to drop?? I like CV cuz my parents have a SFH here since 2004, and I realize in terms of commuting convenience, it’s probably one of the best locations in San Diego. It doesn’t get too hot in the summer, and it’s pretty centralized. I hope the price do come down in the next 6 months although you also said Pardee controls the releases and pricing very well. Sigh…

I checked the school district for Highland Village. K1~6 it’s Del Mar School district while K6~12 it’s San Diequito school district. I read on other forums that San Diequito is not so good. Is that true?

We just got married last year and don’t anticipate to have kids for another 2 years. Basically we’ll be looking at 8+ years from now when we have to send kids to elementary school. I have thought that maybe by then we would sell the townhome we buy now, and buy another SFH. This is based on the assumption that the townhome we purchase for $600K now would go to $650K in 10 years with inflation (how housing traditionally rises in prices). How do you think about that idea in terms of concerns for kids education?

Again your advice is very appreciated.

p.s Do you think the housing double-dip can impact pricing in the CV area this year? I’ve been watching CV and 4S Ranch. If you compare the inventory on sdlookup, both areas have been rising 30~40% in inventory since January.[/quote]

So you aren’t having plans to have a kids anytime soon, and the only reason for living in CV is convenience. It’s even more so why I really think you shouldn’t be buying a townhome in CV, and in this particular location….

The area around Carmel Country Highland where Highland Village is situated is are mostly SFH family with kids….I think you folks would sort of feel out of place and be bored, because while Pardee is trying to build out this area with malls/etc, no telling how long it’s going to take. You will be bored to tears on the weekends if you live in Highland Village, because you will need to drive everywhere to do even the most basic stuff…The closest thing in the short term would be a Vons in Torrey Hills (and it’s not really walking distance from Highland Village)…The other things likes parks/rec center, you probably won’t use until you have kids.

Townhomes in the Del Mar Heights area(older CV) probably would suite you guys better, because it’s more of a yuppie/dinc/young couple scene. We use to live in townhome in Del Mar Heights and it was nice to be able to walk to the theaters/malls/rec-center/library/etc when we had no kid/etc. It was really convenient and it’s a generally young area were there’s plenty of young people…..Then we had a kid, and a more family oriented area….Hence, my second point…

Trust me, when you have 1 kid, you will want a SFH with at least a patio and/or walking distance to a park, and you won’t want the yuppie/dinc see anymore. You want walking distances to parks/walking distances to schools/etc…

My third point is you aren’t going to get a stellar deal on Highland Village townhome at $600k. How much is HOA? If I recall it’s around $300/month. Also, figure out how much mello-ruse(sic) is going to be… It adds up…You folks are just starting out in your marriage…And a lot can change from now until you have a kids. Job transfers, relocations/etc… I would say go against the norm and settle down with your marriage first, save up, and then see what happens.
Personally, for owner occupancy, I would only consdier it if you could get a 3/3 for low $500k….

I think you folks should keep your eye on SFH homes in Carriage Run to see if we have any resales in the future that come in within the $600s…No, they aren’t happening yet…. They are still completing homes on the bad side (the side of the power lines)…But it will be interesting to see if we have any fallouts in this community…but like everyone else, I’m waiting to see if it happens.

Even if you are able to buy townhome for $600k and sell it $650k 10 years later, you are going to lose money…Factor how much you will pay more on a monthly basis for your mortgage/proptax/hoa versus the cost of a rental, I think you’ll be closer to being negative in about 3-4 years versus if you just rented a townhome. If you don’t have long term plans to stay there, you’re going to lose money (unless it doesn’t bother you).

There’s absolutely nothing wrong with renting right now…While it shouldn’t stop looking, I really don’t think you need to rush to buy a townhome in CV.

My 2cents.

[Coronita]

[quote=lepetitangel]Hi Flu,
Thanks for your advice. I’ve seen your posts on various topics and I really respect your opinions.

I agree that 500s~600s are still pretty expensive. However, for supply and demand, it’s hard for the CV housing price to drop?? I like CV cuz my parents have a SFH here since 2004, and I realize in terms of commuting convenience, it’s probably one of the best locations in San Diego. It doesn’t get too hot in the summer, and it’s pretty centralized. I hope the price do come down in the next 6 months although you also said Pardee controls the releases and pricing very well. Sigh…

I checked the school district for Highland Village. K1~6 it’s Del Mar School district while K6~12 it’s San Diequito school district. I read on other forums that San Diequito is not so good. Is that true?

We just got married last year and don’t anticipate to have kids for another 2 years. Basically we’ll be looking at 8+ years from now when we have to send kids to elementary school. I have thought that maybe by then we would sell the townhome we buy now, and buy another SFH. This is based on the assumption that the townhome we purchase for $600K now would go to $650K in 10 years with inflation (how housing traditionally rises in prices). How do you think about that idea in terms of concerns for kids education?

Again your advice is very appreciated.

p.s Do you think the housing double-dip can impact pricing in the CV area this year? I’ve been watching CV and 4S Ranch. If you compare the inventory on sdlookup, both areas have been rising 30~40% in inventory since January.[/quote]

So you aren’t having plans to have a kids anytime soon, and the only reason for living in CV is convenience. It’s even more so why I really think you shouldn’t be buying a townhome in CV, and in this particular location….

The area around Carmel Country Highland where Highland Village is situated is are mostly SFH family with kids….I think you folks would sort of feel out of place and be bored, because while Pardee is trying to build out this area with malls/etc, no telling how long it’s going to take. You will be bored to tears on the weekends if you live in Highland Village, because you will need to drive everywhere to do even the most basic stuff…The closest thing in the short term would be a Vons in Torrey Hills (and it’s not really walking distance from Highland Village)…The other things likes parks/rec center, you probably won’t use until you have kids.

Townhomes in the Del Mar Heights area(older CV) probably would suite you guys better, because it’s more of a yuppie/dinc/young couple scene. We use to live in townhome in Del Mar Heights and it was nice to be able to walk to the theaters/malls/rec-center/library/etc when we had no kid/etc. It was really convenient and it’s a generally young area were there’s plenty of young people…..Then we had a kid, and a more family oriented area….Hence, my second point…

Trust me, when you have 1 kid, you will want a SFH with at least a patio and/or walking distance to a park, and you won’t want the yuppie/dinc see anymore. You want walking distances to parks/walking distances to schools/etc…

My third point is you aren’t going to get a stellar deal on Highland Village townhome at $600k. How much is HOA? If I recall it’s around $300/month. Also, figure out how much mello-ruse(sic) is going to be… It adds up…You folks are just starting out in your marriage…And a lot can change from now until you have a kids. Job transfers, relocations/etc… I would say go against the norm and settle down with your marriage first, save up, and then see what happens.
Personally, for owner occupancy, I would only consdier it if you could get a 3/3 for low $500k….

I think you folks should keep your eye on SFH homes in Carriage Run to see if we have any resales in the future that come in within the $600s…No, they aren’t happening yet…. They are still completing homes on the bad side (the side of the power lines)…But it will be interesting to see if we have any fallouts in this community…but like everyone else, I’m waiting to see if it happens.

Even if you are able to buy townhome for $600k and sell it $650k 10 years later, you are going to lose money…Factor how much you will pay more on a monthly basis for your mortgage/proptax/hoa versus the cost of a rental, I think you’ll be closer to being negative in about 3-4 years versus if you just rented a townhome. If you don’t have long term plans to stay there, you’re going to lose money (unless it doesn’t bother you).

There’s absolutely nothing wrong with renting right now…While it shouldn’t stop looking, I really don’t think you need to rush to buy a townhome in CV.

My 2cents.

[lepetitangel]

Hi All,
Really appreciate your opinions. I’d like to say I probably misread that San Dieguito School District is not so good as I googled it and Torrey Pines High School falls wihtin this distruct. So I’m sure it’s got good schools.
I again like CV area cuz of convenience. Husband and I are not the typical young couples who have to go out clubbing/drinking and me having lived in CV in my parents house for a few years before we got married made me realize it’s close to where we like to go. We like to occasionally go to Downtown La Jolla or Solana Beach/Del Mar for nice dinner out, and to parks or hiking trails near-by. It’s an easy commute for me (biotech job) as most jobs are either in Carlsbad or in La Jolla/UTC area. I agree with SDrealtor that as long as there’re engineering and biotech jobs in Golden Triangle, CV price will hold up. But again in a catastrophic event, all housing price will tank again in SD County. The question is just when that will come and how soon it’ll happen. We plan to call San diego home and that’s why I thought even if housing market doesn’t go up in 10 years, I’ll just stay in the townhome for 15~20-years. I know that having kids is different and it seems like you do need a yard when you have kids. But we can only do our best. In CV, there’s no way to buy a detached SFHs for $600K. All the ones I’ve looked at are at least $650K or more. Carriage run starts at $700K as well.
If market double-dips (which it should) by the end of this year, do you think Pardee will adjust its pricing for highlands village? Flu said Pardee is very good at controlling the price. Does that mean even if I wait for another 6-month, I still won’t be able to get these new townhomes for good deals?

Lastly, we’re considering plan 4 which is 2050-sqft (4-bedroom/2.5-bath) that’s about $590K~$610K. I think it’s not bad for the squarefootage ($292/sqft) cuz most CV homes are at least $350~$450/sqft. The HOA is about $290 (mid~high in CV/Del Mar area) but it does cover many things. We have a couple friend that just moved into the complex and hubby checked out their amenities. They got a good size pool, jacuzzi, BBQ area, media center, pool table, ping-pong, a full workout gym, etc. It’s better than what we’re paying right now in 4S Ranch.

Also can any of you comment on what you think of us buying a SFH in 4S Ranch instead? A lot of SFHs (not necessary have a drive-way) in 4S area are not going for $480K~$520K for squarefootage of 1800~2000-sqft. I def. get more bang for my buck. But what do you think of 4S area in general? Do you think the SFHs in 4S will have a better potential to appreciate than a townhome in CV? 4S prices have dropped way more than CV in the past two years…is it a good time to buy?

[lepetitangel]

Hi All,
Really appreciate your opinions. I’d like to say I probably misread that San Dieguito School District is not so good as I googled it and Torrey Pines High School falls wihtin this distruct. So I’m sure it’s got good schools.
I again like CV area cuz of convenience. Husband and I are not the typical young couples who have to go out clubbing/drinking and me having lived in CV in my parents house for a few years before we got married made me realize it’s close to where we like to go. We like to occasionally go to Downtown La Jolla or Solana Beach/Del Mar for nice dinner out, and to parks or hiking trails near-by. It’s an easy commute for me (biotech job) as most jobs are either in Carlsbad or in La Jolla/UTC area. I agree with SDrealtor that as long as there’re engineering and biotech jobs in Golden Triangle, CV price will hold up. But again in a catastrophic event, all housing price will tank again in SD County. The question is just when that will come and how soon it’ll happen. We plan to call San diego home and that’s why I thought even if housing market doesn’t go up in 10 years, I’ll just stay in the townhome for 15~20-years. I know that having kids is different and it seems like you do need a yard when you have kids. But we can only do our best. In CV, there’s no way to buy a detached SFHs for $600K. All the ones I’ve looked at are at least $650K or more. Carriage run starts at $700K as well.
If market double-dips (which it should) by the end of this year, do you think Pardee will adjust its pricing for highlands village? Flu said Pardee is very good at controlling the price. Does that mean even if I wait for another 6-month, I still won’t be able to get these new townhomes for good deals?

Lastly, we’re considering plan 4 which is 2050-sqft (4-bedroom/2.5-bath) that’s about $590K~$610K. I think it’s not bad for the squarefootage ($292/sqft) cuz most CV homes are at least $350~$450/sqft. The HOA is about $290 (mid~high in CV/Del Mar area) but it does cover many things. We have a couple friend that just moved into the complex and hubby checked out their amenities. They got a good size pool, jacuzzi, BBQ area, media center, pool table, ping-pong, a full workout gym, etc. It’s better than what we’re paying right now in 4S Ranch.

Also can any of you comment on what you think of us buying a SFH in 4S Ranch instead? A lot of SFHs (not necessary have a drive-way) in 4S area are not going for $480K~$520K for squarefootage of 1800~2000-sqft. I def. get more bang for my buck. But what do you think of 4S area in general? Do you think the SFHs in 4S will have a better potential to appreciate than a townhome in CV? 4S prices have dropped way more than CV in the past two years…is it a good time to buy?

[lepetitangel]

Hi All,
Really appreciate your opinions. I’d like to say I probably misread that San Dieguito School District is not so good as I googled it and Torrey Pines High School falls wihtin this distruct. So I’m sure it’s got good schools.
I again like CV area cuz of convenience. Husband and I are not the typical young couples who have to go out clubbing/drinking and me having lived in CV in my parents house for a few years before we got married made me realize it’s close to where we like to go. We like to occasionally go to Downtown La Jolla or Solana Beach/Del Mar for nice dinner out, and to parks or hiking trails near-by. It’s an easy commute for me (biotech job) as most jobs are either in Carlsbad or in La Jolla/UTC area. I agree with SDrealtor that as long as there’re engineering and biotech jobs in Golden Triangle, CV price will hold up. But again in a catastrophic event, all housing price will tank again in SD County. The question is just when that will come and how soon it’ll happen. We plan to call San diego home and that’s why I thought even if housing market doesn’t go up in 10 years, I’ll just stay in the townhome for 15~20-years. I know that having kids is different and it seems like you do need a yard when you have kids. But we can only do our best. In CV, there’s no way to buy a detached SFHs for $600K. All the ones I’ve looked at are at least $650K or more. Carriage run starts at $700K as well.
If market double-dips (which it should) by the end of this year, do you think Pardee will adjust its pricing for highlands village? Flu said Pardee is very good at controlling the price. Does that mean even if I wait for another 6-month, I still won’t be able to get these new townhomes for good deals?

Lastly, we’re considering plan 4 which is 2050-sqft (4-bedroom/2.5-bath) that’s about $590K~$610K. I think it’s not bad for the squarefootage ($292/sqft) cuz most CV homes are at least $350~$450/sqft. The HOA is about $290 (mid~high in CV/Del Mar area) but it does cover many things. We have a couple friend that just moved into the complex and hubby checked out their amenities. They got a good size pool, jacuzzi, BBQ area, media center, pool table, ping-pong, a full workout gym, etc. It’s better than what we’re paying right now in 4S Ranch.

Also can any of you comment on what you think of us buying a SFH in 4S Ranch instead? A lot of SFHs (not necessary have a drive-way) in 4S area are not going for $480K~$520K for squarefootage of 1800~2000-sqft. I def. get more bang for my buck. But what do you think of 4S area in general? Do you think the SFHs in 4S will have a better potential to appreciate than a townhome in CV? 4S prices have dropped way more than CV in the past two years…is it a good time to buy?

[lepetitangel]

Hi All,
Really appreciate your opinions. I’d like to say I probably misread that San Dieguito School District is not so good as I googled it and Torrey Pines High School falls wihtin this distruct. So I’m sure it’s got good schools.
I again like CV area cuz of convenience. Husband and I are not the typical young couples who have to go out clubbing/drinking and me having lived in CV in my parents house for a few years before we got married made me realize it’s close to where we like to go. We like to occasionally go to Downtown La Jolla or Solana Beach/Del Mar for nice dinner out, and to parks or hiking trails near-by. It’s an easy commute for me (biotech job) as most jobs are either in Carlsbad or in La Jolla/UTC area. I agree with SDrealtor that as long as there’re engineering and biotech jobs in Golden Triangle, CV price will hold up. But again in a catastrophic event, all housing price will tank again in SD County. The question is just when that will come and how soon it’ll happen. We plan to call San diego home and that’s why I thought even if housing market doesn’t go up in 10 years, I’ll just stay in the townhome for 15~20-years. I know that having kids is different and it seems like you do need a yard when you have kids. But we can only do our best. In CV, there’s no way to buy a detached SFHs for $600K. All the ones I’ve looked at are at least $650K or more. Carriage run starts at $700K as well.
If market double-dips (which it should) by the end of this year, do you think Pardee will adjust its pricing for highlands village? Flu said Pardee is very good at controlling the price. Does that mean even if I wait for another 6-month, I still won’t be able to get these new townhomes for good deals?

Lastly, we’re considering plan 4 which is 2050-sqft (4-bedroom/2.5-bath) that’s about $590K~$610K. I think it’s not bad for the squarefootage ($292/sqft) cuz most CV homes are at least $350~$450/sqft. The HOA is about $290 (mid~high in CV/Del Mar area) but it does cover many things. We have a couple friend that just moved into the complex and hubby checked out their amenities. They got a good size pool, jacuzzi, BBQ area, media center, pool table, ping-pong, a full workout gym, etc. It’s better than what we’re paying right now in 4S Ranch.

Also can any of you comment on what you think of us buying a SFH in 4S Ranch instead? A lot of SFHs (not necessary have a drive-way) in 4S area are not going for $480K~$520K for squarefootage of 1800~2000-sqft. I def. get more bang for my buck. But what do you think of 4S area in general? Do you think the SFHs in 4S will have a better potential to appreciate than a townhome in CV? 4S prices have dropped way more than CV in the past two years…is it a good time to buy?

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