Showing posts with label under $90 sq/ft. Show all posts
Showing posts with label under $90 sq/ft. Show all posts

Tuesday, November 6, 2007

Where are the best deals?

If you absolutely had to buy a house and location did not matter where are the best deals. Looking around the IE (excluding the deserts) the lowest prices and largest price cuts are in Menifee, San Jacinto, Hemet, Murrietta and Lake Elsinore. In those cities many of the newer tracts are in a world of hurt. It's not hard to find newish homes selling for under $100 sq/ft and there are just loads of them under $120 sq/ft. Six months ago finding a home under $100 sq/ft was a pipe dream even out in San Jacinto most homes were over $150 sq/ft. Not only can you find homes under the magic $100 sq/ft mark I was actually able to find a few under $90 sq/ft!

What kind of "deals" am I talking about? Well, How about a 3000 sq/ft home built last year for $250k! That my fellow bears is $82 per sq/ft!

1146 Newberg Commons, San Jacinto, CA 92582


And to prove that it's not a fluke we have 665 DRAKE DR, this one is 3148 sq/ft and it's listed for $269k or $86 a sq/ft!



This one technically is not under $90 sq/ft but I bet if you could buy it for under it. 455 Peregrine LN This home is a big one story home that is new, as in never lived in. It's 3279 sq/ft 3 bed/3 bath and it's listed for $299k or $91 per sq/ft.

There are several others on Redfin that are in the low $90s per sq/ft that I'm sure you could pick up for under that if you wanted to live out in "hell-n-back". (no offense meant to residents of San Jacinto but the city is waaaaay out there).