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NotCranky
ParticipantMaybe AN is right. I think it should be worth not much more than a much smaller one in the same area is worth. This condition is establishing itself in Chula Vista and Temecula. I think it should be a smaller premium to those around it,especially single story with bigger lots, since they enjoy the same location ammenities. $800k could be a good floor if the smaller homes are done falling,not likely. I like Poway and RP for holding power of more average houses, not absolute but relative.
This one might get bid up but I think it could go for 700k, or less, in the future re-adjsuted for future evidence of course(next 6 to 12 months). I want to say 500K but I might be imposing my value perceptions a little much!ParticipantMaybe AN is right. I think it should be worth not much more than a much smaller one in the same area is worth. This condition is establishing itself in Chula Vista and Temecula. I think it should be a smaller premium to those around it,especially single story with bigger lots, since they enjoy the same location ammenities. $800k could be a good floor if the smaller homes are done falling,not likely. I like Poway and RP for holding power of more average houses, not absolute but relative.
This one might get bid up but I think it could go for 700k, or less, in the future re-adjsuted for future evidence of course(next 6 to 12 months). I want to say 500K but I might be imposing my value perceptions a little much!ParticipantMaybe AN is right. I think it should be worth not much more than a much smaller one in the same area is worth. This condition is establishing itself in Chula Vista and Temecula. I think it should be a smaller premium to those around it,especially single story with bigger lots, since they enjoy the same location ammenities. $800k could be a good floor if the smaller homes are done falling,not likely. I like Poway and RP for holding power of more average houses, not absolute but relative.
This one might get bid up but I think it could go for 700k, or less, in the future re-adjsuted for future evidence of course(next 6 to 12 months). I want to say 500K but I might be imposing my value perceptions a little much!ParticipantWe were able to edit our post before right? I mean even after a few people commented?
Anyway. I meant to say I was not e-balling by saying 30-40% wouldn’t bother me not to insinuate that anyone else was doing it. In my limited landlord experience I have always rented 10-20% below market and never raised the rent,longest tenant 4 years. Sorry jpinpb I have nothing to suit you. There are landlords like this out there though.
ParticipantWe were able to edit our post before right? I mean even after a few people commented?
Anyway. I meant to say I was not e-balling by saying 30-40% wouldn’t bother me not to insinuate that anyone else was doing it. In my limited landlord experience I have always rented 10-20% below market and never raised the rent,longest tenant 4 years. Sorry jpinpb I have nothing to suit you. There are landlords like this out there though.
ParticipantWe were able to edit our post before right? I mean even after a few people commented?
Anyway. I meant to say I was not e-balling by saying 30-40% wouldn’t bother me not to insinuate that anyone else was doing it. In my limited landlord experience I have always rented 10-20% below market and never raised the rent,longest tenant 4 years. Sorry jpinpb I have nothing to suit you. There are landlords like this out there though.
ParticipantWe were able to edit our post before right? I mean even after a few people commented?
Anyway. I meant to say I was not e-balling by saying 30-40% wouldn’t bother me not to insinuate that anyone else was doing it. In my limited landlord experience I have always rented 10-20% below market and never raised the rent,longest tenant 4 years. Sorry jpinpb I have nothing to suit you. There are landlords like this out there though.
ParticipantWe were able to edit our post before right? I mean even after a few people commented?
Anyway. I meant to say I was not e-balling by saying 30-40% wouldn’t bother me not to insinuate that anyone else was doing it. In my limited landlord experience I have always rented 10-20% below market and never raised the rent,longest tenant 4 years. Sorry jpinpb I have nothing to suit you. There are landlords like this out there though.
ParticipantThese homes god forbid are stucco boxes at most. Do we really expect all these things to be priced as such moving forward?
I know exactly what it takes(or doesn’t take) to build them and I have been in a state of disbelief for five years.That is a lot of money for warehouse space. Not that having a warehouse is bad. We will see what happens. I do think AN had the eagle eye on this one. It was precisely this type of home in this location that has been the most unbelievable to me.
ParticipantThese homes god forbid are stucco boxes at most. Do we really expect all these things to be priced as such moving forward?
I know exactly what it takes(or doesn’t take) to build them and I have been in a state of disbelief for five years.That is a lot of money for warehouse space. Not that having a warehouse is bad. We will see what happens. I do think AN had the eagle eye on this one. It was precisely this type of home in this location that has been the most unbelievable to me.
ParticipantThese homes god forbid are stucco boxes at most. Do we really expect all these things to be priced as such moving forward?
I know exactly what it takes(or doesn’t take) to build them and I have been in a state of disbelief for five years.That is a lot of money for warehouse space. Not that having a warehouse is bad. We will see what happens. I do think AN had the eagle eye on this one. It was precisely this type of home in this location that has been the most unbelievable to me.
ParticipantThese homes god forbid are stucco boxes at most. Do we really expect all these things to be priced as such moving forward?
I know exactly what it takes(or doesn’t take) to build them and I have been in a state of disbelief for five years.That is a lot of money for warehouse space. Not that having a warehouse is bad. We will see what happens. I do think AN had the eagle eye on this one. It was precisely this type of home in this location that has been the most unbelievable to me.
ParticipantThese homes god forbid are stucco boxes at most. Do we really expect all these things to be priced as such moving forward?
I know exactly what it takes(or doesn’t take) to build them and I have been in a state of disbelief for five years.That is a lot of money for warehouse space. Not that having a warehouse is bad. We will see what happens. I do think AN had the eagle eye on this one. It was precisely this type of home in this location that has been the most unbelievable to me.
ParticipantO.K. here is a swath of the heart of Del Cerro active to pending. I used the Thomas Bro’s map and MLS. It is just for and Idea. A few properties will be missed as I avoided as best as possible ,surrounding areas.
20/6, all look like viable escrows(for now).
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