Opinions wanted on SEH property

[dejams]

Why is the price much cheaper in this community comparing to La Costa Green? The different in price per sqft is $100+ and these two communities are not that far from each other. Are they in the same school district? I am just puzzled by the price.

[want a good deal]

The first reason is SEH is in San Marcos and that is one reason it is discounted. Second it is farther from the 5 and the ocean which makes a big difference in your commute downtown or proximity to shopping and entertainment. Although now that Twin Oaks goes through to San Marcos it is not as big of a deal. Third, most people have bought in SEH not because of the development but because it is cheaper therefore the owners are weaker financially than those who can afford the coastal zones so expect more foreclosures and fire sales in SEH. This of course is just my opinion and I have no hard facts to back it up. Worse than SEH is Discovery area on the north side of the hills SEH is in. If you want a good deal your best buys are there if you just want a big home cheap. I would buy in La Costa or Encinitas before SEH if I could afford to, as it is I will barely be able to afford a nice home in SEH and only if they go down another 100k or so.

[want a good deal]

The first reason is SEH is in San Marcos and that is one reason it is discounted. Second it is farther from the 5 and the ocean which makes a big difference in your commute downtown or proximity to shopping and entertainment. Although now that Twin Oaks goes through to San Marcos it is not as big of a deal. Third, most people have bought in SEH not because of the development but because it is cheaper therefore the owners are weaker financially than those who can afford the coastal zones so expect more foreclosures and fire sales in SEH. This of course is just my opinion and I have no hard facts to back it up. Worse than SEH is Discovery area on the north side of the hills SEH is in. If you want a good deal your best buys are there if you just want a big home cheap. I would buy in La Costa or Encinitas before SEH if I could afford to, as it is I will barely be able to afford a nice home in SEH and only if they go down another 100k or so.

[want a good deal]

The first reason is SEH is in San Marcos and that is one reason it is discounted. Second it is farther from the 5 and the ocean which makes a big difference in your commute downtown or proximity to shopping and entertainment. Although now that Twin Oaks goes through to San Marcos it is not as big of a deal. Third, most people have bought in SEH not because of the development but because it is cheaper therefore the owners are weaker financially than those who can afford the coastal zones so expect more foreclosures and fire sales in SEH. This of course is just my opinion and I have no hard facts to back it up. Worse than SEH is Discovery area on the north side of the hills SEH is in. If you want a good deal your best buys are there if you just want a big home cheap. I would buy in La Costa or Encinitas before SEH if I could afford to, as it is I will barely be able to afford a nice home in SEH and only if they go down another 100k or so.

[want a good deal]

The first reason is SEH is in San Marcos and that is one reason it is discounted. Second it is farther from the 5 and the ocean which makes a big difference in your commute downtown or proximity to shopping and entertainment. Although now that Twin Oaks goes through to San Marcos it is not as big of a deal. Third, most people have bought in SEH not because of the development but because it is cheaper therefore the owners are weaker financially than those who can afford the coastal zones so expect more foreclosures and fire sales in SEH. This of course is just my opinion and I have no hard facts to back it up. Worse than SEH is Discovery area on the north side of the hills SEH is in. If you want a good deal your best buys are there if you just want a big home cheap. I would buy in La Costa or Encinitas before SEH if I could afford to, as it is I will barely be able to afford a nice home in SEH and only if they go down another 100k or so.

[want a good deal]

The first reason is SEH is in San Marcos and that is one reason it is discounted. Second it is farther from the 5 and the ocean which makes a big difference in your commute downtown or proximity to shopping and entertainment. Although now that Twin Oaks goes through to San Marcos it is not as big of a deal. Third, most people have bought in SEH not because of the development but because it is cheaper therefore the owners are weaker financially than those who can afford the coastal zones so expect more foreclosures and fire sales in SEH. This of course is just my opinion and I have no hard facts to back it up. Worse than SEH is Discovery area on the north side of the hills SEH is in. If you want a good deal your best buys are there if you just want a big home cheap. I would buy in La Costa or Encinitas before SEH if I could afford to, as it is I will barely be able to afford a nice home in SEH and only if they go down another 100k or so.

[waiting for bottom]

I rent in SEH just down the street from this house. I think it is fairly priced for recent comps (Sagewood – $212/sq ft) given that those houses didn’t have this view.

I would wait though. There is a lot of inventory in SEH, REO’s and shorts. This thread should give you an idea:

http://piggington.com/san_elijo_hills_imploding

Since I last posted, 2 of the 3 Leeward houses went pending which was pretty suprising to me. I can’t wait to see what they sold for. Also, this house on Eclipse is has a similar view to your house and is priced pretty close, but has a high MR fee.

http://www.prudentialcal.com/Listing/ListingDetail.aspx?Search=0fe93716-ad27-46cc-8e47-cd749bc9852a&Listing=27796167&IRPAgentID=&Image=1&First=1&Last=10&pagesize=10&SearchType=&ListingDistrictTypeID=&FirstLetter=&Sort=1&Cookies=&UseColorBar=false

[waiting for bottom]

I rent in SEH just down the street from this house. I think it is fairly priced for recent comps (Sagewood – $212/sq ft) given that those houses didn’t have this view.

I would wait though. There is a lot of inventory in SEH, REO’s and shorts. This thread should give you an idea:

http://piggington.com/san_elijo_hills_imploding

Since I last posted, 2 of the 3 Leeward houses went pending which was pretty suprising to me. I can’t wait to see what they sold for. Also, this house on Eclipse is has a similar view to your house and is priced pretty close, but has a high MR fee.

http://www.prudentialcal.com/Listing/ListingDetail.aspx?Search=0fe93716-ad27-46cc-8e47-cd749bc9852a&Listing=27796167&IRPAgentID=&Image=1&First=1&Last=10&pagesize=10&SearchType=&ListingDistrictTypeID=&FirstLetter=&Sort=1&Cookies=&UseColorBar=false

[waiting for bottom]

I rent in SEH just down the street from this house. I think it is fairly priced for recent comps (Sagewood – $212/sq ft) given that those houses didn’t have this view.

I would wait though. There is a lot of inventory in SEH, REO’s and shorts. This thread should give you an idea:

http://piggington.com/san_elijo_hills_imploding

Since I last posted, 2 of the 3 Leeward houses went pending which was pretty suprising to me. I can’t wait to see what they sold for. Also, this house on Eclipse is has a similar view to your house and is priced pretty close, but has a high MR fee.

http://www.prudentialcal.com/Listing/ListingDetail.aspx?Search=0fe93716-ad27-46cc-8e47-cd749bc9852a&Listing=27796167&IRPAgentID=&Image=1&First=1&Last=10&pagesize=10&SearchType=&ListingDistrictTypeID=&FirstLetter=&Sort=1&Cookies=&UseColorBar=false

[waiting for bottom]

I rent in SEH just down the street from this house. I think it is fairly priced for recent comps (Sagewood – $212/sq ft) given that those houses didn’t have this view.

I would wait though. There is a lot of inventory in SEH, REO’s and shorts. This thread should give you an idea:

http://piggington.com/san_elijo_hills_imploding

Since I last posted, 2 of the 3 Leeward houses went pending which was pretty suprising to me. I can’t wait to see what they sold for. Also, this house on Eclipse is has a similar view to your house and is priced pretty close, but has a high MR fee.

http://www.prudentialcal.com/Listing/ListingDetail.aspx?Search=0fe93716-ad27-46cc-8e47-cd749bc9852a&Listing=27796167&IRPAgentID=&Image=1&First=1&Last=10&pagesize=10&SearchType=&ListingDistrictTypeID=&FirstLetter=&Sort=1&Cookies=&UseColorBar=false

[waiting for bottom]

I rent in SEH just down the street from this house. I think it is fairly priced for recent comps (Sagewood – $212/sq ft) given that those houses didn’t have this view.

I would wait though. There is a lot of inventory in SEH, REO’s and shorts. This thread should give you an idea:

http://piggington.com/san_elijo_hills_imploding

Since I last posted, 2 of the 3 Leeward houses went pending which was pretty suprising to me. I can’t wait to see what they sold for. Also, this house on Eclipse is has a similar view to your house and is priced pretty close, but has a high MR fee.

http://www.prudentialcal.com/Listing/ListingDetail.aspx?Search=0fe93716-ad27-46cc-8e47-cd749bc9852a&Listing=27796167&IRPAgentID=&Image=1&First=1&Last=10&pagesize=10&SearchType=&ListingDistrictTypeID=&FirstLetter=&Sort=1&Cookies=&UseColorBar=false

[waiting for bottom]

Yes SEH is in the same district as La Costa Greens. Kids there go to the same middle and High School as SEH. I cannot for the life of me figure out why LCG is more expensive. LCG is 5 minutes closer to I-5 and is in Carlsbad which just sounds better. I hate telling people that I live in San Marcos. That is worth something but not $100 sq/ft.

[waiting for bottom]

Yes SEH is in the same district as La Costa Greens. Kids there go to the same middle and High School as SEH. I cannot for the life of me figure out why LCG is more expensive. LCG is 5 minutes closer to I-5 and is in Carlsbad which just sounds better. I hate telling people that I live in San Marcos. That is worth something but not $100 sq/ft.

[waiting for bottom]

Yes SEH is in the same district as La Costa Greens. Kids there go to the same middle and High School as SEH. I cannot for the life of me figure out why LCG is more expensive. LCG is 5 minutes closer to I-5 and is in Carlsbad which just sounds better. I hate telling people that I live in San Marcos. That is worth something but not $100 sq/ft.

[waiting for bottom]

Yes SEH is in the same district as La Costa Greens. Kids there go to the same middle and High School as SEH. I cannot for the life of me figure out why LCG is more expensive. LCG is 5 minutes closer to I-5 and is in Carlsbad which just sounds better. I hate telling people that I live in San Marcos. That is worth something but not $100 sq/ft.

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