I am back again after couple of years. Recap: bought a condo at the peak, still holding onto it, refied to a low rate.
currently, we have saved a decent downpayment and this time re-entering the market in search of a SFR. I respect the Piggs a lot, learnt a lot from reading this board. I want your opinion on the following property
Small community of tightly squeezed in detached condos at the corner of a major intersection. Have you taken account of the noise factor?
Some of them do get a very nice view, looks like your house of interest falls into that category. Neighbor actually paid little over 700k at the peak, true insanity.
I like the unit on the corner that glows red when the traffic light turns to the stop color. Sleeping about 20′ from the heavy traffic must surely make you feel safe.
No, SD Realtor. If that was the case, I wouldnt post here, cause I know the Piggs dont hold back.
I was going to add that ” I think that the property is overpriced by 50,000 still” to my previous post.
I am searching for a 3-4 Br SFR for not more than 500,000 with good school district and not having much success the past 2-4 months.
Looks like a great view, which can be near impossible to find in SR in the price range you mentioned. Newer place so may be turn key which is also tough to find in your price range.
There really hasn’t been much to hit the market in SR this year, so the options are slim.
I’m not a fan of that development. It’s in a really awkward location – the intersection of Pomerado and Pomerado. How do you get out in the morning? One of the characteristics that people like about SR is it’s “neighborhood” feel. That development just seems so cut off from everyone else, stranded on a hill, locked in by a major intersection. It was built right around the peak of the bubble and continues to strike me as something that could only make sense during a frenzy.
That’s just my opinion though! Who knows what else will hit the market and when.
I would check in with a local realtor. The best deals haven’t sat around!
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