What are sales like in your area?

[an]

You can’t buy it for $460k but unless you work in Menifee as well, you’ll be paying between 400-500/month in gas. Not to consider the many hours you spend in trafic, which either you can spend w/ your family or work overtime, I think it’s not that simple to compare one to one. I’d rather spend more in SD for a similar house that’s w/in 5-10 min from work than buy it for 460k in Menifee. Can you drive 10 min to the beach in Menifee? There’s a reason it’s cheap. You don’t have to go as far as Menifee to get cheap house, You can get a 3000sq-ft house on a 22k sq-ft lot in Vista for $599k right now. You’re still w/in 20 from the beach.

On second thought, that $460k house will cost you around $3000/month. I can rent a house that size for around $3k/month that’s w/in 5 min of work and be w/in 10 min of the beach. Tell me which is smarter?

[Anonymous]

Thank you, powayseller. Sales are picking up. Yes, with over 63,000 building permits pulled, this area is right up there with the fastest growing in the nation.

Dennis Tormey is a licensed attorney and real estate broker serving the Menifee Real Estate and surrounding communites in Southern Riverside County.

[Anonymous]

I agree with you, asianautica. You cannot compare them on a one to one basis. It’s a combination of preference and economics. Some people are forced to move here for economical reasons, some because they actually prefer to live here. I know you love your beaches, but I love my golf course view.

Not all people who live here work in San Diego, although you would think it by the traffic. So it’s really a matter of preference and economics. It’s not a matter of ‘smarter’, but one of choice.

Dennis Tormey is a licensed attorney and real estate broker serving the Menifee Real Estate and surrounding communites in Southern Riverside County.

[an]

I didn’t mean to say smarter, I guess I was just looking for the right word. But you’re right, it’s a matter of preference. I agree for those who work in Menifee, it would make perfect sense to live there. No point in commuting from SD to Menifee. There are golf courses in SD as well. But you’re right, it’s much more expensive here. What I’m trying to say is that it’s more than just the price of the house when you’re comparing the two cities and you work in SD. You would have to count in the cost of gas, the cost of your car dying more quickly, the cost of the time you sit in traffic (time is money).

I don’t think people are forced to move because of economical reasons. I think they chose to move because they want a bigger house. Which is a personal preference rather than economics. You can find a smaller house for $460k here as well.

[JJGittes]

I don’t know where the line is, but Bressi (next to RC) is in the Carlsbad School district. That said, at least based on the API scores, Rancho Carrillo Elem. (in the SM district) is very good. The middle school in San Elijo I bet will also be good. High School though,…. I just don’t know about SM High. But frankly, all public high schools scare me. And Carlsbad High’s scores are not that great. Poway seems to have good high schools across the board though. see greatschools.net or http://www.nctimes.com/standing/schools/2005base.txt

[john67elco]

My wife put in for one of the 26 elementary school jobs in Temecula. If she gets it I still wouldn’t buy in Menifee. I stopped by the summer home project off Scott Rd and the builder said it would be 1.7% property tax. I walked out at same moment. If a large correction takes place, French Valley, Menifee, and Temecula will be hit as one of the hardest over SD. Like I said in a posting earlier check out Adrian ct in Temecula where 30% of the homes on the street are for sale and 2 months ago 75% of the street had for sale signs up. I’m still looking at Temecula at a few past 100 day listings for the low ball/ they pay all closing cost offer home.

[sakina96]

The line between the SM and Carlsbad school district lies between Bressi Ranch and Rancho Carrillo. Most but not all homes in La Costa Greens are in SM. The new La Costa Ridge (prices starting at a mere 1.2M) are also in SM.

I also agree with you that most public high school are kind of scary. San Marcos high school claims to be within one of the top 1000 in the country. I’ve never been inside but it looks kind of dumpy to me.

[JJGittes]

I was stopped at a traffic light in front of SM High a while back just as school was letting out. I locked my door.

[Author]

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