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an
ParticipantThis would put to shame the tract house we’re talking about here… http://www.zillow.com/homes/1772-vassar-ave,-mountain-view,-ca_rb/
How does $1.6M for 1798 sq-ft sound? Keep in mind, the school is CRAP too. Similar house in MM would cost you ~$550k. Google better be paying $300k for entry level… LoL.
If you want better school, you can get this super deal: http://www.zillow.com/homedetails/55-Chester-Cir-Los-Altos-CA-94022/19526609_zpid/
$2M for 1630 sq-ft. Or for $2M, you can live in La Jolla with Ocean View and 3739 sq-ft: http://www.sdlookup.com/MLS-150016167-5802_Sagebrush_La_Jolla_CA_92037
Participant[quote=FlyerInHi]I agree. Even cracked slab is not such a big deal. I know that a guy who about a house on the hill w/ cracked slab. He got 1/2 off at the bottom. Now it’s worth 3 times more, after repairs and remodel.
What’s wrong with spiders?[/quote]Crack slab is only a deal breaker because most of the time, you’d have to pay cash for it. I don’t think you can get a loan with a house with a crack slab. I looked at one before and I was told it would be an all cash deal, since I won’t be able to get a loan. Maybe that is changed now.
As for spiders, I’m partially arachnophobic.
May 5, 2015 at 3:36 PM in reply to: Best family neighborhoods in San Diego list. mira Mesa #13/85! #785865ParticipantMaybe lizards are coming into style now.
ParticipantDeal breaker for me would be crack slab, major roof leaks, termite or spider infestation. Not sure there are much else. I stripped my house to bare walls and put everything back, so the minor stuff doesn’t bother me. I actually prefer those type of houses. But I’m crazy like that.
Participant[quote=flu]Exercising my constitutional right. Your suggestion is noted, and ignored…[/quote]LOL
May 4, 2015 at 5:20 PM in reply to: Mira Mesa – 7510 Bannister Ln – 10%+ loss in less than one year #785773ParticipantA blast from the past… I wish I would have bought more… This house would be selling for ~$600k today +/- $25k.
I thought supply suck in 2012, 97 SFR and 68 condo, but today would put that to shame, 45 SFR and 35 condo. If you compare the same time of year, then we’re looking at 34 SFR and 25 condo. Holly cow, supply suck today.
Participant[quote=flu]Ok: north county homes, affordability, tract homes, asians, women, religion, and jewish…. Anything else we should add?
What about gay rights? How does gay rights fit into all of this?[/quote]
Looks like we’re adding drugs to the list too.Participant[quote=TeCKis300]You all are dating yourselves.
I’d be happy to have that home (with an allowance for all the maintenance)[/quote]
How so?Participant[quote=spdrun]Why do you HAVE to upgrade it NOW and make it look like something out of Martha Stewart? People are complete woosies. A 1960s or 1970s kitchen with a new stove, fridge, and dishwasher (under 2 grand) is just as functional as a modern one. Bathrooms: laying tile is cheap if there’s nasty old carpet there.
The whole “zOMG we must remodel now” thing is idiotic as long as the basic systems of the house are intact and functional.[/quote]You’ll never understand.
ParticipantOne more for the road:
http://www.sdlookup.com/MLS-150009728-15765_Bacara_Ct_San_Diego_CA_92131ParticipantNot everyone have the cash to buy an older property and upgrade it. You can’t roll the cost of upgrade into a loan like a new house. You can refi, but not every upgrade you do yield higher appraisal price. That is one reason why people prefer new. I’ve seen investors who buy older house, 100% renovate it to move in condition and sell it for a lot more than comparable older house.
Participant[quote=spdrun]Why does living in a rental long-term “suck” other than some conditioned sense of “pride of ownership?”[/quote]
Because most rental condition suck. Also, there’s a huge difference between a house and a home. There are things you would do to a home that you wouldn’t want to do as a rental.Participant[quote=spdrun]Not evaluating a primary home as compared to market conditions (i.e. rents for a similar home) is making a bad investment. Why not buy a few better investments, then rent the same home with the income?
And if you’re doing to buy, why not buy closer to the beach for the same price, which is a more attractive area?[/quote]
Because it suck living in a rental. I wouldn’t want to be living near the beach. If its not beach front, then I don’t care. I rather have ocean view on the east side of the 5.Participant[quote=CA renter]The details you’ve noted are exceptional, IMHO, and they are a true hallmark of what people like you and I consider to be a “high quality” property. But many people from different generations and cultures don’t place any value on those things; they might even place a negative value on them because they want to demo and replace all of those things (truly horrible, IMO…I’ve seen people tear down those beautiful floor-to-ceiling river rock fireplaces and replace them with ugly, cheap drywall and granite!). But what you and I think will not change how people value different features, nor will our beliefs change the value of real estate.[/quote]Exactly. I read those descriptions and I think to myself, if I walk into a house that have those features, the first thing that would run through my mind would be, how much would it cost for me to rip all of that shit out. Then, how much would it cost for me to put something from the 21st century back in. Then, I would take that amount and subtract it from the price of the house I would have offered. I shudder at the sight of river rock fireplace.
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