Point Loma reducing a little

[an]

I have another question, is MH more desirable than Point Loma?

The reason why I’m asking is because of this talk about MH, I decided to take a look at what’s available in PL and here is what I found:
http://www.sdlookup.com/MLS-100066664-3519_Tennyson_St_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100046777-2902_Poinsettia_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100030996-3362_Wisteria_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100018114-3715_Leland_St_San_Diego_CA_92106

There are more but you get the idea. PL seems to be priced between 2-2.5x it’s mid to late 80s price. That’s very reasonable to me. Especially since these are PL’s low end homes too.

When I look at the mid range of PL ~$800k, the deals seems to be even more enticing.
http://www.sdlookup.com/MLS-100063168-2655_Poinsettia_Dr_San_Diego_CA_92106
Sold for $360k in 1995, which should be lower than its late 80s price. Which should put this at 1.5-2x late 80s price depending on the price it closes at.

[zzz]

[quote=AN]I have another question, is MH more desirable than Point Loma?

The reason why I’m asking is because of this talk about MH, I decided to take a look at what’s available in PL and here is what I found:
http://www.sdlookup.com/MLS-100066664-3519_Tennyson_St_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100046777-2902_Poinsettia_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100030996-3362_Wisteria_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100018114-3715_Leland_St_San_Diego_CA_92106

There are more but you get the idea. PL seems to be priced between 2-2.5x it’s mid to late 80s price. That’s very reasonable to me. Especially since these are PL’s low end homes too.[/quote]

AN, I think you have to look at PL as very distinct areas and some of those examples you gave are close to the flight path with airplane noise, IE Tennyson.

Pointsettia, Leland and Wisteria is a less desirable area close to the PL shopping center, that area is typically not as nice and doesn’t command the premium that homes further West do.

If you want to compare PL to MH on a more apples to apples basis, look for the homes SW of Canon

[zzz]

[quote=AN]I have another question, is MH more desirable than Point Loma?

The reason why I’m asking is because of this talk about MH, I decided to take a look at what’s available in PL and here is what I found:
http://www.sdlookup.com/MLS-100066664-3519_Tennyson_St_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100046777-2902_Poinsettia_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100030996-3362_Wisteria_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100018114-3715_Leland_St_San_Diego_CA_92106

There are more but you get the idea. PL seems to be priced between 2-2.5x it’s mid to late 80s price. That’s very reasonable to me. Especially since these are PL’s low end homes too.[/quote]

AN, I think you have to look at PL as very distinct areas and some of those examples you gave are close to the flight path with airplane noise, IE Tennyson.

Pointsettia, Leland and Wisteria is a less desirable area close to the PL shopping center, that area is typically not as nice and doesn’t command the premium that homes further West do.

If you want to compare PL to MH on a more apples to apples basis, look for the homes SW of Canon

[zzz]

[quote=AN]I have another question, is MH more desirable than Point Loma?

The reason why I’m asking is because of this talk about MH, I decided to take a look at what’s available in PL and here is what I found:
http://www.sdlookup.com/MLS-100066664-3519_Tennyson_St_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100046777-2902_Poinsettia_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100030996-3362_Wisteria_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100018114-3715_Leland_St_San_Diego_CA_92106

There are more but you get the idea. PL seems to be priced between 2-2.5x it’s mid to late 80s price. That’s very reasonable to me. Especially since these are PL’s low end homes too.[/quote]

AN, I think you have to look at PL as very distinct areas and some of those examples you gave are close to the flight path with airplane noise, IE Tennyson.

Pointsettia, Leland and Wisteria is a less desirable area close to the PL shopping center, that area is typically not as nice and doesn’t command the premium that homes further West do.

If you want to compare PL to MH on a more apples to apples basis, look for the homes SW of Canon

[zzz]

[quote=AN]I have another question, is MH more desirable than Point Loma?

The reason why I’m asking is because of this talk about MH, I decided to take a look at what’s available in PL and here is what I found:
http://www.sdlookup.com/MLS-100066664-3519_Tennyson_St_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100046777-2902_Poinsettia_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100030996-3362_Wisteria_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100018114-3715_Leland_St_San_Diego_CA_92106

There are more but you get the idea. PL seems to be priced between 2-2.5x it’s mid to late 80s price. That’s very reasonable to me. Especially since these are PL’s low end homes too.[/quote]

AN, I think you have to look at PL as very distinct areas and some of those examples you gave are close to the flight path with airplane noise, IE Tennyson.

Pointsettia, Leland and Wisteria is a less desirable area close to the PL shopping center, that area is typically not as nice and doesn’t command the premium that homes further West do.

If you want to compare PL to MH on a more apples to apples basis, look for the homes SW of Canon

[zzz]

[quote=AN]I have another question, is MH more desirable than Point Loma?

The reason why I’m asking is because of this talk about MH, I decided to take a look at what’s available in PL and here is what I found:
http://www.sdlookup.com/MLS-100066664-3519_Tennyson_St_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100046777-2902_Poinsettia_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100030996-3362_Wisteria_Dr_San_Diego_CA_92106
http://www.sdlookup.com/MLS-100018114-3715_Leland_St_San_Diego_CA_92106

There are more but you get the idea. PL seems to be priced between 2-2.5x it’s mid to late 80s price. That’s very reasonable to me. Especially since these are PL’s low end homes too.[/quote]

AN, I think you have to look at PL as very distinct areas and some of those examples you gave are close to the flight path with airplane noise, IE Tennyson.

Pointsettia, Leland and Wisteria is a less desirable area close to the PL shopping center, that area is typically not as nice and doesn’t command the premium that homes further West do.

If you want to compare PL to MH on a more apples to apples basis, look for the homes SW of Canon

[bearishgurl]

[quote=AN]I have another question, is MH more desirable than Point Loma? . . . [/quote]

They are each equally desirable to different types of buyers for different reasons.

[bearishgurl]

[quote=AN]I have another question, is MH more desirable than Point Loma? . . . [/quote]

They are each equally desirable to different types of buyers for different reasons.

[bearishgurl]

[quote=AN]I have another question, is MH more desirable than Point Loma? . . . [/quote]

They are each equally desirable to different types of buyers for different reasons.

[bearishgurl]

[quote=AN]I have another question, is MH more desirable than Point Loma? . . . [/quote]

They are each equally desirable to different types of buyers for different reasons.

[bearishgurl]

[quote=AN]I have another question, is MH more desirable than Point Loma? . . . [/quote]

They are each equally desirable to different types of buyers for different reasons.

[SD Realtor]

This is an interesting thread. A few comments I would like to add. First off the Mills Act is very cool, my brother bought a place near Balboa Park and the block that he is on has been going through the process of qualification. They are near completion but it has been a long process that started well before he bought the home.

San Diego never ceases to amaze me in terms of the diversity of the population. The amount of money in in the County is staggering, in terms of old money and new money. I think the compression (squish down) mentioned in MH and PL will indeed happen over time. I am toying with the notion that these areas may depreciate a bit quicker over time then other areas that are NOT LIKE them but offer better schools. I think that the demand for the young family looking for good schools far outweighs the professionals looking for an older nice home with a nice place to garden. No disrespect JP or any others. Thus I think that supply in places like MH or PL will linger longer.

I think that the supply of young people writing code for a Sorrento Valley company, while not inexhaustible, is much stronger and will continue to support the desired school districts.

[SD Realtor]

This is an interesting thread. A few comments I would like to add. First off the Mills Act is very cool, my brother bought a place near Balboa Park and the block that he is on has been going through the process of qualification. They are near completion but it has been a long process that started well before he bought the home.

San Diego never ceases to amaze me in terms of the diversity of the population. The amount of money in in the County is staggering, in terms of old money and new money. I think the compression (squish down) mentioned in MH and PL will indeed happen over time. I am toying with the notion that these areas may depreciate a bit quicker over time then other areas that are NOT LIKE them but offer better schools. I think that the demand for the young family looking for good schools far outweighs the professionals looking for an older nice home with a nice place to garden. No disrespect JP or any others. Thus I think that supply in places like MH or PL will linger longer.

I think that the supply of young people writing code for a Sorrento Valley company, while not inexhaustible, is much stronger and will continue to support the desired school districts.

[SD Realtor]

This is an interesting thread. A few comments I would like to add. First off the Mills Act is very cool, my brother bought a place near Balboa Park and the block that he is on has been going through the process of qualification. They are near completion but it has been a long process that started well before he bought the home.

San Diego never ceases to amaze me in terms of the diversity of the population. The amount of money in in the County is staggering, in terms of old money and new money. I think the compression (squish down) mentioned in MH and PL will indeed happen over time. I am toying with the notion that these areas may depreciate a bit quicker over time then other areas that are NOT LIKE them but offer better schools. I think that the demand for the young family looking for good schools far outweighs the professionals looking for an older nice home with a nice place to garden. No disrespect JP or any others. Thus I think that supply in places like MH or PL will linger longer.

I think that the supply of young people writing code for a Sorrento Valley company, while not inexhaustible, is much stronger and will continue to support the desired school districts.

[SD Realtor]

This is an interesting thread. A few comments I would like to add. First off the Mills Act is very cool, my brother bought a place near Balboa Park and the block that he is on has been going through the process of qualification. They are near completion but it has been a long process that started well before he bought the home.

San Diego never ceases to amaze me in terms of the diversity of the population. The amount of money in in the County is staggering, in terms of old money and new money. I think the compression (squish down) mentioned in MH and PL will indeed happen over time. I am toying with the notion that these areas may depreciate a bit quicker over time then other areas that are NOT LIKE them but offer better schools. I think that the demand for the young family looking for good schools far outweighs the professionals looking for an older nice home with a nice place to garden. No disrespect JP or any others. Thus I think that supply in places like MH or PL will linger longer.

I think that the supply of young people writing code for a Sorrento Valley company, while not inexhaustible, is much stronger and will continue to support the desired school districts.

[Author]

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