Temecula Horse properties

[tlefort]

I agree with you, I think the wine country area has more to fall. It is hard to compare to the properties in town because the houses with some acreage are all so diverse. There were a lot of spec homes built or half built that are coming on the market as well out there. I have seen some fixers at about 2000sf on 2.5 acres for the low 300s. With the current economic situation I think we can be assured that it will get worse before it gets better. I would say a few more years of declines. Maybe not as dramatic as the last 12 months but declines none the less. With unemployment climbing, stock market crashing, state budget in the dumper, I think there is a very large indication that this mess is not turning around any time soon.

All that being said, I am in the school of thought that when the right place comes up at the right price I will buy and not worry about going up down or sideways. I plan on living there a very very long time, God willing…

Good luck and if anyone is interested in this area I have been watching and have looked over almost all of the listings under 600 k out there. Would be happy to compare notes…
TL

[Anonymous]

I think that temeculaguy’s assessment of WC demographics is generally correct. Many owners are OC/SD transplants and retirees that are probably more financially stable than the general population. (There are also a lot of professional dirt bike riders – amazing how much money these guys make…)

I think another segment of the WC population are those from the local construction/real-estate/banking industries that quickly “moved up” when times were good. Of course these folks are getting hit hard now and probably in denial more than most (I’ve noticed the same for the De Luz area also…) It seems that those who make money easily and quickly are less likely to accept reality when it’s gone.

Of course this is all based upon anecdotal information, I don’t have any real statistics to back up my conclusions. But, FWIW, my bet would be that prices are going down in these areas.

[Anonymous]

I think that temeculaguy’s assessment of WC demographics is generally correct. Many owners are OC/SD transplants and retirees that are probably more financially stable than the general population. (There are also a lot of professional dirt bike riders – amazing how much money these guys make…)

I think another segment of the WC population are those from the local construction/real-estate/banking industries that quickly “moved up” when times were good. Of course these folks are getting hit hard now and probably in denial more than most (I’ve noticed the same for the De Luz area also…) It seems that those who make money easily and quickly are less likely to accept reality when it’s gone.

Of course this is all based upon anecdotal information, I don’t have any real statistics to back up my conclusions. But, FWIW, my bet would be that prices are going down in these areas.

[Anonymous]

I think that temeculaguy’s assessment of WC demographics is generally correct. Many owners are OC/SD transplants and retirees that are probably more financially stable than the general population. (There are also a lot of professional dirt bike riders – amazing how much money these guys make…)

I think another segment of the WC population are those from the local construction/real-estate/banking industries that quickly “moved up” when times were good. Of course these folks are getting hit hard now and probably in denial more than most (I’ve noticed the same for the De Luz area also…) It seems that those who make money easily and quickly are less likely to accept reality when it’s gone.

Of course this is all based upon anecdotal information, I don’t have any real statistics to back up my conclusions. But, FWIW, my bet would be that prices are going down in these areas.

[Anonymous]

I think that temeculaguy’s assessment of WC demographics is generally correct. Many owners are OC/SD transplants and retirees that are probably more financially stable than the general population. (There are also a lot of professional dirt bike riders – amazing how much money these guys make…)

I think another segment of the WC population are those from the local construction/real-estate/banking industries that quickly “moved up” when times were good. Of course these folks are getting hit hard now and probably in denial more than most (I’ve noticed the same for the De Luz area also…) It seems that those who make money easily and quickly are less likely to accept reality when it’s gone.

Of course this is all based upon anecdotal information, I don’t have any real statistics to back up my conclusions. But, FWIW, my bet would be that prices are going down in these areas.

[Anonymous]

I think that temeculaguy’s assessment of WC demographics is generally correct. Many owners are OC/SD transplants and retirees that are probably more financially stable than the general population. (There are also a lot of professional dirt bike riders – amazing how much money these guys make…)

I think another segment of the WC population are those from the local construction/real-estate/banking industries that quickly “moved up” when times were good. Of course these folks are getting hit hard now and probably in denial more than most (I’ve noticed the same for the De Luz area also…) It seems that those who make money easily and quickly are less likely to accept reality when it’s gone.

Of course this is all based upon anecdotal information, I don’t have any real statistics to back up my conclusions. But, FWIW, my bet would be that prices are going down in these areas.

[dharmagirl]

I have lived in Temecula for about 18 months, so I dont have TG’s “street cred.” I agree that it seems to be made up of “new money”, people who have lived here forever, or O.C. transplants who made a killing on their home and bought a “hobby farm.”

I love visiting the wine country. It’s lovely. But I’m not sure I would want to live there. It feels hotter in the summer, and where do you go to buy a quart of milk? Get gas?

I also wonder about water costs and acreage? Maybe it wont matter so much with a horse property, but water use is a big problem.

This is based on the handful of people I know in WC, but my impression is that it can be more on the conservative side. I’ve met a handful of people who immediately wanted to know what Church I attend and started talking about the joys of Rush Limbaugh.

Good luck!
DG

[dharmagirl]

I have lived in Temecula for about 18 months, so I dont have TG’s “street cred.” I agree that it seems to be made up of “new money”, people who have lived here forever, or O.C. transplants who made a killing on their home and bought a “hobby farm.”

I love visiting the wine country. It’s lovely. But I’m not sure I would want to live there. It feels hotter in the summer, and where do you go to buy a quart of milk? Get gas?

I also wonder about water costs and acreage? Maybe it wont matter so much with a horse property, but water use is a big problem.

This is based on the handful of people I know in WC, but my impression is that it can be more on the conservative side. I’ve met a handful of people who immediately wanted to know what Church I attend and started talking about the joys of Rush Limbaugh.

Good luck!
DG

[dharmagirl]

I have lived in Temecula for about 18 months, so I dont have TG’s “street cred.” I agree that it seems to be made up of “new money”, people who have lived here forever, or O.C. transplants who made a killing on their home and bought a “hobby farm.”

I love visiting the wine country. It’s lovely. But I’m not sure I would want to live there. It feels hotter in the summer, and where do you go to buy a quart of milk? Get gas?

I also wonder about water costs and acreage? Maybe it wont matter so much with a horse property, but water use is a big problem.

This is based on the handful of people I know in WC, but my impression is that it can be more on the conservative side. I’ve met a handful of people who immediately wanted to know what Church I attend and started talking about the joys of Rush Limbaugh.

Good luck!
DG

[dharmagirl]

I have lived in Temecula for about 18 months, so I dont have TG’s “street cred.” I agree that it seems to be made up of “new money”, people who have lived here forever, or O.C. transplants who made a killing on their home and bought a “hobby farm.”

I love visiting the wine country. It’s lovely. But I’m not sure I would want to live there. It feels hotter in the summer, and where do you go to buy a quart of milk? Get gas?

I also wonder about water costs and acreage? Maybe it wont matter so much with a horse property, but water use is a big problem.

This is based on the handful of people I know in WC, but my impression is that it can be more on the conservative side. I’ve met a handful of people who immediately wanted to know what Church I attend and started talking about the joys of Rush Limbaugh.

Good luck!
DG

[dharmagirl]

I have lived in Temecula for about 18 months, so I dont have TG’s “street cred.” I agree that it seems to be made up of “new money”, people who have lived here forever, or O.C. transplants who made a killing on their home and bought a “hobby farm.”

I love visiting the wine country. It’s lovely. But I’m not sure I would want to live there. It feels hotter in the summer, and where do you go to buy a quart of milk? Get gas?

I also wonder about water costs and acreage? Maybe it wont matter so much with a horse property, but water use is a big problem.

This is based on the handful of people I know in WC, but my impression is that it can be more on the conservative side. I’ve met a handful of people who immediately wanted to know what Church I attend and started talking about the joys of Rush Limbaugh.

Good luck!
DG

[tlefort]

I agree charmagirl. Wine Country has it’s pluses and minuses. It all depends of personnel preferences and needs. My wife has a horse business and her business requires the boarding of 18 horses. So to own a small 5 acre ranch that could house her animals would be a big savings for her overhead. For others, some people just like the solitude and peace and quiet of not living so close together.
You are right about having to drive to “Town” to get supplies. But in reality you just adapt and plan your shopping and errands so you take care of everything at once.
As far as conservatives, I think that area is about the same as Temecula as a whole. It is the “Bible Belt” of the inland area I think. And that is Ok by me butI know some people take offense.
As far as prices are concerned, I think the Wine Country area has taken a bit longer and is lagging the homes in town. But I am starting to see the cracks and there is quite a bit of discounting going on. When I moved out there 4 years ago everything was 600k and on up. Now a few are hovering in the mid to high 300s.
Also, the expense of water is not an issue as most places are on wells. If you have an orchard and you use Rancho cal water, you also get discounted agriculture rates which are about 90% cheeper than residential. I personally feel this is unfair but that is how it is. All those 3-5 acre mini so called “Vineyards” are likley paying less in water than your average track home while using 10 times the amount of water.
For us, horses don’t use as much as vines so water will not be an issue.
Thanks for your input..
TL

[tlefort]

I agree charmagirl. Wine Country has it’s pluses and minuses. It all depends of personnel preferences and needs. My wife has a horse business and her business requires the boarding of 18 horses. So to own a small 5 acre ranch that could house her animals would be a big savings for her overhead. For others, some people just like the solitude and peace and quiet of not living so close together.
You are right about having to drive to “Town” to get supplies. But in reality you just adapt and plan your shopping and errands so you take care of everything at once.
As far as conservatives, I think that area is about the same as Temecula as a whole. It is the “Bible Belt” of the inland area I think. And that is Ok by me butI know some people take offense.
As far as prices are concerned, I think the Wine Country area has taken a bit longer and is lagging the homes in town. But I am starting to see the cracks and there is quite a bit of discounting going on. When I moved out there 4 years ago everything was 600k and on up. Now a few are hovering in the mid to high 300s.
Also, the expense of water is not an issue as most places are on wells. If you have an orchard and you use Rancho cal water, you also get discounted agriculture rates which are about 90% cheeper than residential. I personally feel this is unfair but that is how it is. All those 3-5 acre mini so called “Vineyards” are likley paying less in water than your average track home while using 10 times the amount of water.
For us, horses don’t use as much as vines so water will not be an issue.
Thanks for your input..
TL

[tlefort]

I agree charmagirl. Wine Country has it’s pluses and minuses. It all depends of personnel preferences and needs. My wife has a horse business and her business requires the boarding of 18 horses. So to own a small 5 acre ranch that could house her animals would be a big savings for her overhead. For others, some people just like the solitude and peace and quiet of not living so close together.
You are right about having to drive to “Town” to get supplies. But in reality you just adapt and plan your shopping and errands so you take care of everything at once.
As far as conservatives, I think that area is about the same as Temecula as a whole. It is the “Bible Belt” of the inland area I think. And that is Ok by me butI know some people take offense.
As far as prices are concerned, I think the Wine Country area has taken a bit longer and is lagging the homes in town. But I am starting to see the cracks and there is quite a bit of discounting going on. When I moved out there 4 years ago everything was 600k and on up. Now a few are hovering in the mid to high 300s.
Also, the expense of water is not an issue as most places are on wells. If you have an orchard and you use Rancho cal water, you also get discounted agriculture rates which are about 90% cheeper than residential. I personally feel this is unfair but that is how it is. All those 3-5 acre mini so called “Vineyards” are likley paying less in water than your average track home while using 10 times the amount of water.
For us, horses don’t use as much as vines so water will not be an issue.
Thanks for your input..
TL

[tlefort]

I agree charmagirl. Wine Country has it’s pluses and minuses. It all depends of personnel preferences and needs. My wife has a horse business and her business requires the boarding of 18 horses. So to own a small 5 acre ranch that could house her animals would be a big savings for her overhead. For others, some people just like the solitude and peace and quiet of not living so close together.
You are right about having to drive to “Town” to get supplies. But in reality you just adapt and plan your shopping and errands so you take care of everything at once.
As far as conservatives, I think that area is about the same as Temecula as a whole. It is the “Bible Belt” of the inland area I think. And that is Ok by me butI know some people take offense.
As far as prices are concerned, I think the Wine Country area has taken a bit longer and is lagging the homes in town. But I am starting to see the cracks and there is quite a bit of discounting going on. When I moved out there 4 years ago everything was 600k and on up. Now a few are hovering in the mid to high 300s.
Also, the expense of water is not an issue as most places are on wells. If you have an orchard and you use Rancho cal water, you also get discounted agriculture rates which are about 90% cheeper than residential. I personally feel this is unfair but that is how it is. All those 3-5 acre mini so called “Vineyards” are likley paying less in water than your average track home while using 10 times the amount of water.
For us, horses don’t use as much as vines so water will not be an issue.
Thanks for your input..
TL

[Author]

Posts