Getting Your Very Own Piece of San Diego

Yesterday while walking down Soledad Road, taking in the views of the bay and downtown area off in the distance, I was wondering how I would be able to assist someone who is being transferred to San Diego to take on a new job with a budget of approx. $200,000 for a new home.

Well, it's nice to know that if you're looking for even the smallest piece of San Diego within your budget, it just might still be there. With the December 2015 median price for detached single-family homes at $539,000 and for attached condos and townhomes at $359,750,  it goes to show that digging a bit deeper and finding alternatives can mean an introduction to home ownership in San Diego.

This morning I searched our local MLS for possible candidate properties. Within the zip codes 92115, 92116, 92103, 9217, 92122, 92126, 92108, 92110, 92109 and 92123, I was really happy to find 29 possible homes listed for sale at prices ranging from $69,900 to $230,000. These home types included two- and three-bedroom manufactured homes, as well as one- and two bedroom condos.

These price points are manageable for the broader base of the buyer pool who want to build equity while having a great home to live in. And for investors looking for some type income-producing property, here are some possibilities to generate a higher return. Either way, with rents continually increasing in the county, it makes perfect sense to invest in a property priced below the median.

For more information, please call me at 858-603-7879 or email me at robert@sandiego-ca-homes.com