interesting map

[ocrenter]

[quote=DataAgent]

Location, location, location.[/quote]

obviously, but the price difference doesn’t justify the difference in location.

[urbanrealtor]

[quote=ocrenter][quote=DataAgent]

Location, location, location.[/quote]

obviously, but the price difference doesn’t justify the difference in location.[/quote]
To a lot of people it does.

Bear in mind that hondas are more fuel efficient and reliable than rolls.

Though personally I find the price differential absurd.
But again, its not me buying.

[urbanrealtor]

[quote=ocrenter][quote=DataAgent]

Location, location, location.[/quote]

obviously, but the price difference doesn’t justify the difference in location.[/quote]
To a lot of people it does.

Bear in mind that hondas are more fuel efficient and reliable than rolls.

Though personally I find the price differential absurd.
But again, its not me buying.

[urbanrealtor]

[quote=ocrenter][quote=DataAgent]

Location, location, location.[/quote]

obviously, but the price difference doesn’t justify the difference in location.[/quote]
To a lot of people it does.

Bear in mind that hondas are more fuel efficient and reliable than rolls.

Though personally I find the price differential absurd.
But again, its not me buying.

[urbanrealtor]

[quote=ocrenter][quote=DataAgent]

Location, location, location.[/quote]

obviously, but the price difference doesn’t justify the difference in location.[/quote]
To a lot of people it does.

Bear in mind that hondas are more fuel efficient and reliable than rolls.

Though personally I find the price differential absurd.
But again, its not me buying.

[urbanrealtor]

[quote=ocrenter][quote=DataAgent]

Location, location, location.[/quote]

obviously, but the price difference doesn’t justify the difference in location.[/quote]
To a lot of people it does.

Bear in mind that hondas are more fuel efficient and reliable than rolls.

Though personally I find the price differential absurd.
But again, its not me buying.

[Eugene]

[quote]But you are paying a quarter million more to buy a Carmel Valley home that is smaller by 1000 sqft,[/quote]

“quarter million” is not a particularly useful metric. You are paying a quarter million more today, and you’ll get that quarter million back later when you sell. You need to do the cost-benefit analysis properly.

In favor of 4S:
– interest and property taxes on 240K price difference, less taxes: ~$700/month

In favor of CV:
– Lower Mello-Roos: $300/month
– Lower heating and cooling costs: I’ll guess $100/month
– Lower gasoline expenses: 20 gallons/month = ~$60/month, assuming that the job is somewhere in Sorrento Valley or UTC; times two if it’s a double-income family
– Shorter commute (at least 30 min./day)
– Cooler summers and warmer winters

It seems to me, if your income is high enough that you can comfortably afford CV, there’s no good reason not to pay additional $240/month (or even less) to improve your quality of life.

[Eugene]

[quote]But you are paying a quarter million more to buy a Carmel Valley home that is smaller by 1000 sqft,[/quote]

“quarter million” is not a particularly useful metric. You are paying a quarter million more today, and you’ll get that quarter million back later when you sell. You need to do the cost-benefit analysis properly.

In favor of 4S:
– interest and property taxes on 240K price difference, less taxes: ~$700/month

In favor of CV:
– Lower Mello-Roos: $300/month
– Lower heating and cooling costs: I’ll guess $100/month
– Lower gasoline expenses: 20 gallons/month = ~$60/month, assuming that the job is somewhere in Sorrento Valley or UTC; times two if it’s a double-income family
– Shorter commute (at least 30 min./day)
– Cooler summers and warmer winters

It seems to me, if your income is high enough that you can comfortably afford CV, there’s no good reason not to pay additional $240/month (or even less) to improve your quality of life.

[Eugene]

[quote]But you are paying a quarter million more to buy a Carmel Valley home that is smaller by 1000 sqft,[/quote]

“quarter million” is not a particularly useful metric. You are paying a quarter million more today, and you’ll get that quarter million back later when you sell. You need to do the cost-benefit analysis properly.

In favor of 4S:
– interest and property taxes on 240K price difference, less taxes: ~$700/month

In favor of CV:
– Lower Mello-Roos: $300/month
– Lower heating and cooling costs: I’ll guess $100/month
– Lower gasoline expenses: 20 gallons/month = ~$60/month, assuming that the job is somewhere in Sorrento Valley or UTC; times two if it’s a double-income family
– Shorter commute (at least 30 min./day)
– Cooler summers and warmer winters

It seems to me, if your income is high enough that you can comfortably afford CV, there’s no good reason not to pay additional $240/month (or even less) to improve your quality of life.

[Eugene]

[quote]But you are paying a quarter million more to buy a Carmel Valley home that is smaller by 1000 sqft,[/quote]

“quarter million” is not a particularly useful metric. You are paying a quarter million more today, and you’ll get that quarter million back later when you sell. You need to do the cost-benefit analysis properly.

In favor of 4S:
– interest and property taxes on 240K price difference, less taxes: ~$700/month

In favor of CV:
– Lower Mello-Roos: $300/month
– Lower heating and cooling costs: I’ll guess $100/month
– Lower gasoline expenses: 20 gallons/month = ~$60/month, assuming that the job is somewhere in Sorrento Valley or UTC; times two if it’s a double-income family
– Shorter commute (at least 30 min./day)
– Cooler summers and warmer winters

It seems to me, if your income is high enough that you can comfortably afford CV, there’s no good reason not to pay additional $240/month (or even less) to improve your quality of life.

[Eugene]

[quote]But you are paying a quarter million more to buy a Carmel Valley home that is smaller by 1000 sqft,[/quote]

“quarter million” is not a particularly useful metric. You are paying a quarter million more today, and you’ll get that quarter million back later when you sell. You need to do the cost-benefit analysis properly.

In favor of 4S:
– interest and property taxes on 240K price difference, less taxes: ~$700/month

In favor of CV:
– Lower Mello-Roos: $300/month
– Lower heating and cooling costs: I’ll guess $100/month
– Lower gasoline expenses: 20 gallons/month = ~$60/month, assuming that the job is somewhere in Sorrento Valley or UTC; times two if it’s a double-income family
– Shorter commute (at least 30 min./day)
– Cooler summers and warmer winters

It seems to me, if your income is high enough that you can comfortably afford CV, there’s no good reason not to pay additional $240/month (or even less) to improve your quality of life.

[ocrenter]

[quote=Eugene]

“quarter million” is not a particularly useful metric. You are paying a quarter million more today, and you’ll get that quarter million back later when you sell. You need to do the cost-benefit analysis properly.

In favor of 4S:
– interest and property taxes on 240K price difference, less taxes: ~$700/month

In favor of CV:
– Lower Mello-Roos: $300/month
– Lower heating and cooling costs: I’ll guess $100/month
– Lower gasoline expenses: 20 gallons/month = ~$60/month, assuming that the job is somewhere in Sorrento Valley or UTC; times two if it’s a double-income family
– Shorter commute (at least 30 min./day)
– Cooler summers and warmer winters

It seems to me, if your income is high enough that you can comfortably afford CV, there’s no good reason not to pay additional $240/month (or even less) to improve your quality of life.[/quote]

#1, you may not get that difference back. you are looking at 4S at significantly depressed price point when Carmel Valley is still without significant drop. historically the Carmel Valley/RB difference for a similar home was only $100k in CV’s favor prior to the bubble. that price differential will eventually be restored.

#2, CV is cold, in the morning year round, and really not much warmer compared to 4S/RB. so I would question cheaper heating. definately on the cooler summers that’s for sure. I would say at best $50/month in CV’s favor.

#3, 4S is just 7 miles inland, roundtrip we are looking at 14 miles daily if someone works at UTC/serranto valley. 20 work days = 280 miles, say an average car at 25 mpg, that’ works out to 11 extra gallons, or $33 in CV’s favor.

#4, as much as the official word is the mello roos is not deductible, people do deduct it, 33% off the difference.

$700 – $283 = $417

that’s a car payment. and you get to live in a bigger house with a bigger yard.

[ocrenter]

[quote=Eugene]

“quarter million” is not a particularly useful metric. You are paying a quarter million more today, and you’ll get that quarter million back later when you sell. You need to do the cost-benefit analysis properly.

In favor of 4S:
– interest and property taxes on 240K price difference, less taxes: ~$700/month

In favor of CV:
– Lower Mello-Roos: $300/month
– Lower heating and cooling costs: I’ll guess $100/month
– Lower gasoline expenses: 20 gallons/month = ~$60/month, assuming that the job is somewhere in Sorrento Valley or UTC; times two if it’s a double-income family
– Shorter commute (at least 30 min./day)
– Cooler summers and warmer winters

It seems to me, if your income is high enough that you can comfortably afford CV, there’s no good reason not to pay additional $240/month (or even less) to improve your quality of life.[/quote]

#1, you may not get that difference back. you are looking at 4S at significantly depressed price point when Carmel Valley is still without significant drop. historically the Carmel Valley/RB difference for a similar home was only $100k in CV’s favor prior to the bubble. that price differential will eventually be restored.

#2, CV is cold, in the morning year round, and really not much warmer compared to 4S/RB. so I would question cheaper heating. definately on the cooler summers that’s for sure. I would say at best $50/month in CV’s favor.

#3, 4S is just 7 miles inland, roundtrip we are looking at 14 miles daily if someone works at UTC/serranto valley. 20 work days = 280 miles, say an average car at 25 mpg, that’ works out to 11 extra gallons, or $33 in CV’s favor.

#4, as much as the official word is the mello roos is not deductible, people do deduct it, 33% off the difference.

$700 – $283 = $417

that’s a car payment. and you get to live in a bigger house with a bigger yard.

[ocrenter]

[quote=Eugene]

“quarter million” is not a particularly useful metric. You are paying a quarter million more today, and you’ll get that quarter million back later when you sell. You need to do the cost-benefit analysis properly.

In favor of 4S:
– interest and property taxes on 240K price difference, less taxes: ~$700/month

In favor of CV:
– Lower Mello-Roos: $300/month
– Lower heating and cooling costs: I’ll guess $100/month
– Lower gasoline expenses: 20 gallons/month = ~$60/month, assuming that the job is somewhere in Sorrento Valley or UTC; times two if it’s a double-income family
– Shorter commute (at least 30 min./day)
– Cooler summers and warmer winters

It seems to me, if your income is high enough that you can comfortably afford CV, there’s no good reason not to pay additional $240/month (or even less) to improve your quality of life.[/quote]

#1, you may not get that difference back. you are looking at 4S at significantly depressed price point when Carmel Valley is still without significant drop. historically the Carmel Valley/RB difference for a similar home was only $100k in CV’s favor prior to the bubble. that price differential will eventually be restored.

#2, CV is cold, in the morning year round, and really not much warmer compared to 4S/RB. so I would question cheaper heating. definately on the cooler summers that’s for sure. I would say at best $50/month in CV’s favor.

#3, 4S is just 7 miles inland, roundtrip we are looking at 14 miles daily if someone works at UTC/serranto valley. 20 work days = 280 miles, say an average car at 25 mpg, that’ works out to 11 extra gallons, or $33 in CV’s favor.

#4, as much as the official word is the mello roos is not deductible, people do deduct it, 33% off the difference.

$700 – $283 = $417

that’s a car payment. and you get to live in a bigger house with a bigger yard.

[ocrenter]

[quote=Eugene]

“quarter million” is not a particularly useful metric. You are paying a quarter million more today, and you’ll get that quarter million back later when you sell. You need to do the cost-benefit analysis properly.

In favor of 4S:
– interest and property taxes on 240K price difference, less taxes: ~$700/month

In favor of CV:
– Lower Mello-Roos: $300/month
– Lower heating and cooling costs: I’ll guess $100/month
– Lower gasoline expenses: 20 gallons/month = ~$60/month, assuming that the job is somewhere in Sorrento Valley or UTC; times two if it’s a double-income family
– Shorter commute (at least 30 min./day)
– Cooler summers and warmer winters

It seems to me, if your income is high enough that you can comfortably afford CV, there’s no good reason not to pay additional $240/month (or even less) to improve your quality of life.[/quote]

#1, you may not get that difference back. you are looking at 4S at significantly depressed price point when Carmel Valley is still without significant drop. historically the Carmel Valley/RB difference for a similar home was only $100k in CV’s favor prior to the bubble. that price differential will eventually be restored.

#2, CV is cold, in the morning year round, and really not much warmer compared to 4S/RB. so I would question cheaper heating. definately on the cooler summers that’s for sure. I would say at best $50/month in CV’s favor.

#3, 4S is just 7 miles inland, roundtrip we are looking at 14 miles daily if someone works at UTC/serranto valley. 20 work days = 280 miles, say an average car at 25 mpg, that’ works out to 11 extra gallons, or $33 in CV’s favor.

#4, as much as the official word is the mello roos is not deductible, people do deduct it, 33% off the difference.

$700 – $283 = $417

that’s a car payment. and you get to live in a bigger house with a bigger yard.

[Author]

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