[WaitingToExhale]

What would the ballpark cost for a total remodel for a 1970’s 2000 sqft house be? How much time would it take? I understand that these are rather general questions, but I’m just trying to get a general idea of how much of a “discount” would be appropriate if a place needed a total remodel.

[WaitingToExhale]

What would the ballpark cost for a total remodel for a 1970’s 2000 sqft house be? How much time would it take? I understand that these are rather general questions, but I’m just trying to get a general idea of how much of a “discount” would be appropriate if a place needed a total remodel.

[WaitingToExhale]

What would the ballpark cost for a total remodel for a 1970’s 2000 sqft house be? How much time would it take? I understand that these are rather general questions, but I’m just trying to get a general idea of how much of a “discount” would be appropriate if a place needed a total remodel.

[WaitingToExhale]

[quote=PKMAN]My HOA (Riverwalk of Santee) does not allow:

– Car washing, even for single detached residences with own driveway
– Parking on private streets inside the community
– Supposedly no parking on own-driveway as well but nobody is following this rule

There are probably more restrictions that I’ve yet to looked into. But the HOA fee is only $118/mo and no MR. So I think it’s a good trade-off, at least so far.[/quote]

Why is car washing considered low-class?

[WaitingToExhale]

[quote=PKMAN]My HOA (Riverwalk of Santee) does not allow:

– Car washing, even for single detached residences with own driveway
– Parking on private streets inside the community
– Supposedly no parking on own-driveway as well but nobody is following this rule

There are probably more restrictions that I’ve yet to looked into. But the HOA fee is only $118/mo and no MR. So I think it’s a good trade-off, at least so far.[/quote]

Why is car washing considered low-class?

[WaitingToExhale]

[quote=PKMAN]My HOA (Riverwalk of Santee) does not allow:

– Car washing, even for single detached residences with own driveway
– Parking on private streets inside the community
– Supposedly no parking on own-driveway as well but nobody is following this rule

There are probably more restrictions that I’ve yet to looked into. But the HOA fee is only $118/mo and no MR. So I think it’s a good trade-off, at least so far.[/quote]

Why is car washing considered low-class?

[WaitingToExhale]

[quote=PKMAN]My HOA (Riverwalk of Santee) does not allow:

– Car washing, even for single detached residences with own driveway
– Parking on private streets inside the community
– Supposedly no parking on own-driveway as well but nobody is following this rule

There are probably more restrictions that I’ve yet to looked into. But the HOA fee is only $118/mo and no MR. So I think it’s a good trade-off, at least so far.[/quote]

Why is car washing considered low-class?

[WaitingToExhale]

[quote=PKMAN]My HOA (Riverwalk of Santee) does not allow:

– Car washing, even for single detached residences with own driveway
– Parking on private streets inside the community
– Supposedly no parking on own-driveway as well but nobody is following this rule

There are probably more restrictions that I’ve yet to looked into. But the HOA fee is only $118/mo and no MR. So I think it’s a good trade-off, at least so far.[/quote]

Why is car washing considered low-class?

[WaitingToExhale]

[quote=AN]Where did you get the historical ratio for San Diego? Mira Mesa is currently at 4.2.[/quote]

I’m not sure where to find household historical ratios myself. In a posting underhttp://piggington.com/shambling_towards_affordability_december_2008_edition

SDEngineer commented: [quote=SDEngineer]As noted in a previous post, Rich is using per capita income in his post. The 3-4x national ratio is using median household income. There’s a large difference between household and per capita income.

In San Diego, per capita income (2006 numbers) was about 39K. Household income for the same period was about 66K.

Using those numbers, San Diego’s historical price to income ratio is normally in the 4x-5x median household income. More expensive than national, yes, but not quite as bad as you thought.

[WaitingToExhale]

[quote=AN]Where did you get the historical ratio for San Diego? Mira Mesa is currently at 4.2.[/quote]

I’m not sure where to find household historical ratios myself. In a posting underhttp://piggington.com/shambling_towards_affordability_december_2008_edition

SDEngineer commented: [quote=SDEngineer]As noted in a previous post, Rich is using per capita income in his post. The 3-4x national ratio is using median household income. There’s a large difference between household and per capita income.

In San Diego, per capita income (2006 numbers) was about 39K. Household income for the same period was about 66K.

Using those numbers, San Diego’s historical price to income ratio is normally in the 4x-5x median household income. More expensive than national, yes, but not quite as bad as you thought.

[WaitingToExhale]

[quote=AN]Where did you get the historical ratio for San Diego? Mira Mesa is currently at 4.2.[/quote]

I’m not sure where to find household historical ratios myself. In a posting underhttp://piggington.com/shambling_towards_affordability_december_2008_edition

SDEngineer commented: [quote=SDEngineer]As noted in a previous post, Rich is using per capita income in his post. The 3-4x national ratio is using median household income. There’s a large difference between household and per capita income.

In San Diego, per capita income (2006 numbers) was about 39K. Household income for the same period was about 66K.

Using those numbers, San Diego’s historical price to income ratio is normally in the 4x-5x median household income. More expensive than national, yes, but not quite as bad as you thought.

[WaitingToExhale]

[quote=AN]Where did you get the historical ratio for San Diego? Mira Mesa is currently at 4.2.[/quote]

I’m not sure where to find household historical ratios myself. In a posting underhttp://piggington.com/shambling_towards_affordability_december_2008_edition

SDEngineer commented: [quote=SDEngineer]As noted in a previous post, Rich is using per capita income in his post. The 3-4x national ratio is using median household income. There’s a large difference between household and per capita income.

In San Diego, per capita income (2006 numbers) was about 39K. Household income for the same period was about 66K.

Using those numbers, San Diego’s historical price to income ratio is normally in the 4x-5x median household income. More expensive than national, yes, but not quite as bad as you thought.

[WaitingToExhale]

[quote=AN]Where did you get the historical ratio for San Diego? Mira Mesa is currently at 4.2.[/quote]

I’m not sure where to find household historical ratios myself. In a posting underhttp://piggington.com/shambling_towards_affordability_december_2008_edition

SDEngineer commented: [quote=SDEngineer]As noted in a previous post, Rich is using per capita income in his post. The 3-4x national ratio is using median household income. There’s a large difference between household and per capita income.

In San Diego, per capita income (2006 numbers) was about 39K. Household income for the same period was about 66K.

Using those numbers, San Diego’s historical price to income ratio is normally in the 4x-5x median household income. More expensive than national, yes, but not quite as bad as you thought.

[WaitingToExhale]

I’ve been watching this market carefully for some time, and inventory has fallen off a cliff in the past few weeks. I thought we’d be at a reasonable price-rent ratio soon, but now I have my doubts.

Let’s see: the median household income for Rancho Penasquitos is $97,000 (according to some website called point2homes; I assume it’s as good as any other census data). DQNews reports the average single-family residence for RP to have sold for $512,000 in March 2009. That’s a ratio of 5.3.

Hmm, that sounds like it’s right in line with San Diego historic levels, I suppose. Should I start looking?

[WaitingToExhale]

I’ve been watching this market carefully for some time, and inventory has fallen off a cliff in the past few weeks. I thought we’d be at a reasonable price-rent ratio soon, but now I have my doubts.

Let’s see: the median household income for Rancho Penasquitos is $97,000 (according to some website called point2homes; I assume it’s as good as any other census data). DQNews reports the average single-family residence for RP to have sold for $512,000 in March 2009. That’s a ratio of 5.3.

Hmm, that sounds like it’s right in line with San Diego historic levels, I suppose. Should I start looking?

[Author]

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