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  • August 17, 2009 at 4:23 PM #445894
    Eugene
    Participant

    [quote=sdcellar]It looks like it also sold for $695 in 2000 and $1.118 in 2006. Realistically, the price should settle somewhere between those two.

    It’ll be interesting to see what it sells for in the near term and how it comps out in a year or two.[/quote]

    Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.

    (And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)

    August 17, 2009 at 4:45 PM #446510
    sdcellar
    Participant

    [quote=sdnerd]Please, that house will not sell anywhere near $500k.

    People are fighting over $300K houses in Mira Mesa, throwing down cash for houses 1/2 the size of this in CV in the $700k range, etc.

    My wager is this house sells for over 1 million.[/quote]You should win that bet.

    August 17, 2009 at 4:45 PM #445919
    sdcellar
    Participant

    [quote=sdnerd]Please, that house will not sell anywhere near $500k.

    People are fighting over $300K houses in Mira Mesa, throwing down cash for houses 1/2 the size of this in CV in the $700k range, etc.

    My wager is this house sells for over 1 million.[/quote]You should win that bet.

    August 17, 2009 at 4:45 PM #445728
    sdcellar
    Participant

    [quote=sdnerd]Please, that house will not sell anywhere near $500k.

    People are fighting over $300K houses in Mira Mesa, throwing down cash for houses 1/2 the size of this in CV in the $700k range, etc.

    My wager is this house sells for over 1 million.[/quote]You should win that bet.

    August 17, 2009 at 4:45 PM #446259
    sdcellar
    Participant

    [quote=sdnerd]Please, that house will not sell anywhere near $500k.

    People are fighting over $300K houses in Mira Mesa, throwing down cash for houses 1/2 the size of this in CV in the $700k range, etc.

    My wager is this house sells for over 1 million.[/quote]You should win that bet.

    August 17, 2009 at 4:45 PM #446330
    sdcellar
    Participant

    [quote=sdnerd]Please, that house will not sell anywhere near $500k.

    People are fighting over $300K houses in Mira Mesa, throwing down cash for houses 1/2 the size of this in CV in the $700k range, etc.

    My wager is this house sells for over 1 million.[/quote]You should win that bet.

    August 17, 2009 at 5:03 PM #445738
    an
    Participant

    [quote=Eugene]
    Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.

    (And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)[/quote]
    Eugene, where did you get these household income numbers?

    August 17, 2009 at 5:03 PM #446520
    an
    Participant

    [quote=Eugene]
    Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.

    (And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)[/quote]
    Eugene, where did you get these household income numbers?

    August 17, 2009 at 5:03 PM #446340
    an
    Participant

    [quote=Eugene]
    Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.

    (And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)[/quote]
    Eugene, where did you get these household income numbers?

    August 17, 2009 at 5:03 PM #446269
    an
    Participant

    [quote=Eugene]
    Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.

    (And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)[/quote]
    Eugene, where did you get these household income numbers?

    August 17, 2009 at 5:03 PM #445929
    an
    Participant

    [quote=Eugene]
    Median household income in 92130 was 70k in 1990, 95k in 2000, and 135k in 2008. So, based on income growth alone, the house should be worth 950k.

    (And, before anyone starts complaining that 135k income does not buy a 1m+ house – this is definitely not a median property in the zip code. Zillow places it at the 82nd percentile in Carmel Valley and the 95th percentile county-wide.)[/quote]
    Eugene, where did you get these household income numbers?

    August 17, 2009 at 5:10 PM #446274
    Eugene
    Participant

    http://profilewarehouse.sandag.org

    August 17, 2009 at 5:10 PM #446525
    Eugene
    Participant

    http://profilewarehouse.sandag.org

    August 17, 2009 at 5:10 PM #445743
    Eugene
    Participant

    http://profilewarehouse.sandag.org

    August 17, 2009 at 5:10 PM #446345
    Eugene
    Participant

    http://profilewarehouse.sandag.org

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