San Diego Real Estate Blog

San Diego Real Estate Blog - Real Estate News and Information in San Diego County California - Blog about Real Estate in San Diego County California

 

Feb. 23, 2024

Listing Agent in Otay Ranch Chula Vista SOLD 2024

Listing Agent in Otay Ranch Chula Vista SOLD 2024

My clients came to me needing to sell their home in Otay Ranch in Chula Vista. Their home was a beautiful executive home built by McMillin in 2002. The Otay Ranch home had been their family residence for over 20 years, and I was honored to be the Chula Vista Real Estate Agent that they chose to sell it. The home served them well and they raised a family in this loving home, and I could tell they had a hard time saying goodbye.

Best listing agent in Otay Ranch Chula Vista

When I entered the property to meet with the clients for the listing appointment, I noticed right away how stunning their home was. It was a 5-Bedroom Home with a Bonus Room nestled in the heart of Otay Ranch. Their remarkable property offered a blend of space, style, and functionality. It boasted five bedrooms plus a versatile bonus room, and four bathrooms, it's an ideal retreat for a growing family or those who love to entertain. What's more, two of the bedrooms, along with two bathrooms, are conveniently located on the ground floor, offering flexibility and accessibility.

When I walked up to the home for the listing appointment I was greeted by a visually striking exterior with a tropical-themed front yard featuring large palm trees and artificial turf. The low maintenance yet attractive landscape sets the tone for what's to come. The property also featured a two-car garage and an extended driveway, providing ample parking space for multiple vehicles.

When I stepped inside to meet my clients, I was captivated by the grandeur of the two-story high ceiling and the sweeping rounded staircase that makes a dramatic first impression. This is why the McMillin homes were so sought after in this Otay Ranch neighborhood. The entire downstairs area was adorned with hardwood floors, adding a touch of elegance and warmth. The formal dining and living rooms, each with large windows offering views of the lush backyard garden, provide the perfect setting for intimate gatherings or formal entertainment. The dining room was equipped with a built-in cadenza, adding both style and functionality.

The kitchen was a chef's dream, with abundant cabinet space, a large island for casual dining, and high-quality finishes including granite countertops and cherry wood cabinets. Adjacent to the kitchen, the family room provided a cozy atmosphere with its fireplace and built-in cabinets. A French door in this room opened to the backyard, seamlessly blending indoor and outdoor living spaces.

As the homeowner showed me upstairs, I saw that the master suite was exceptionally spacious and luxurious, featuring a private balcony with a view. The master bathroom was designed for ultimate comfort and luxury, with both a separate tub and a shower, providing a spa-like atmosphere. Additionally, the master suite includes two large walk-in closets, offering ample storage space and convenience.

On the upper floor, there were two more bedrooms accompanied by another full bathroom, ensuring that each living space maintains a sense of privacy and comfort. This level of the house also included a thoughtfully designed bonus room, which is equipped with built-in bookcases and desks, making it an ideal space for a home office, study area, or a creative studio.

One of the standout features of this property was and is its location. It is situated within walking distance of a variety of shops, restaurants, and schools, adding to the convenience and appeal of the home. This proximity to local amenities makes the property not just a comfortable living space but also a convenient hub for daily activities and community engagement.

In conclusion, this stunning 5-bedroom home with a bonus room in Otay Ranch, Chula Vista, offered a rare combination of space, style, and functionality. With its versatile layout, luxurious features, and convenient location, it's an ideal retreat for those seeking the best of both worlds. 

Seeing the home during the listing appointment allowed me to better analyze the property and come up with a dollar amount that I knew I would be able to sell their home for. It far exceeded what sites like Zillow, Redfin and Realtor.com were saying the value of the home was. This is typical to online valuation software programs; they just aren’t accurate. I’ve sold over 2,000 homes and many of them have been in Chula Vista, so I know the value of a home in Chula Vista. There’s no substitute for years and years of experience. 

We listed the property, and The Lewis Team went to work. We marketed the home with our extensive marketing campaign and the offers started rolling in. I negotiated the offers until my client was satisfied with one of them. We accepted an offer for over list price, sold the property on time and got my clients off to their net adventure in life. Done and done!

If you’re wondering what your home is worth in Chula Vista or just wondering how much equity is in your home, please call or text me at 619-891-3917. I offer free home value checks to give you peace of mind and an accurate assessment of your property’s true worth ….. not a computer software generated guess.

Need some free advice on selling your Chula Vista home? Contact Dawn Lewis at The Lewis Team, over 35 years’ experience. "Read about the 2024 Chula Vista Real Estate Market"

San Diego Real Estate Agent Dawn Lewis

Dawn Lewis 619-981-3917

Search for more homes in San Diego

What's My Home's Value in San Diego

The Lewis Team San Diego Real Estate Experts!                 

Feb. 19, 2024

Is a Clean House Important When Selling It in San Diego?

Is a Clean House Important When Selling It in San Diego?

When you're in the process of selling your home in San Diego, there's a lot to think about. From setting the right price to finding the perfect real estate agent, it can be easy to overlook some of the smaller details. But one thing that shouldn't be overlooked is the cleanliness of your home.Is a Clean House Important When Selling It in San Diego

A clean house is essential when selling it. It can make a significant difference in how potential buyers perceive your property and can even impact the sale price. Here are a few reasons why a clean house matters:

First Impressions Count: When a potential buyer walks through the door, they're forming opinions about your property from the moment they step inside. A clean and well-maintained home creates a positive first impression. Buyers are more likely to feel excited and optimistic about the property if it's clean and tidy.

Perceived Value: A clean San Diego home is often perceived as being more valuable and well-cared for. Buyers may be willing to pay more for a home that looks like it's been well-maintained. This can be especially important in a competitive market where buyers are looking for a property that stands out. It may also end up increasing your San Diego homes value.

Visual Appeal: A clean house looks more visually appealing in listing photos and during showings. It can help highlight the home's features and make it more attractive to buyers. Plus, a clean house can help potential buyers envision themselves living in the space, which can increase their emotional connection to the property.

Faster Sale: A clean house can lead to a faster sale, as it may attract more interested buyers and result in more competitive offers. Buyers are more likely to make an offer on a property that looks clean and well-maintained, rather than one that appears dirty or neglected.

So, what can you do to ensure your home is clean and ready for sale?

Declutter: Remove any unnecessary items or personal belongings from the home to create a more spacious and inviting environment. This can help potential buyers see the potential of the space and imagine themselves living there.

Deep Clean: Clean all surfaces, floors, windows, and appliances thoroughly to remove dust, dirt, and grime. Consider hiring a professional cleaning service to ensure your home is spotless and ready for showings.Is a Clean Home or Condo Important When Selling It in San Diego

Repair and Maintain: Address any minor repairs or maintenance issues, such as leaky faucets, chipped paint, or broken fixtures. A well-maintained home is more likely to attract buyers and command a higher sale price.

Staging: Consider staging the home with furniture and decor to showcase its potential and help buyers envision themselves living in the space. Staging can also help highlight the home's best features and create a welcoming atmosphere.

Curb Appeal: Don't forget about the exterior of the San Diego home. Ensure the yard, landscaping, and exterior of the house are clean and well-maintained. This can create a positive first impression and make your home more attractive to potential buyers.

In conclusion, a clean San Diego house is essential when selling it. It can help create a positive first impression, increase the perceived value of the property, and make it more visually appealing to potential buyers. So, roll up your sleeves and get cleaning – it could make all the difference when it comes to selling your home!

Need some free advice on selling your San Diego home? Contact Dawn Lewis at The Lewis Team, over 35 years’ experience. 

To find out more about selling your San Diego Real Estate contact the Lewis Team Today.

San Diego Real Estate Agent Dawn Lewis

Dawn Lewis 619-981-3917

Search for more homes in San Diego

What's My Home's Value in San Diego

The Lewis Team San Diego Real Estate Experts!                 

Feb. 17, 2024

Does Having an EV Charger Increase the Value of a San Diego Home?

Does Having an EV Charger Increase the Value of a San Diego Home?

Electric vehicles (EVs) are becoming increasingly popular as people seek more sustainable transportation options. As a result, the demand for EV chargers is also on the rise. But does having an EV charger installed in your San Diego home increase its value? Let's explore this question in more detail. San Diego House with an EV Charger Home Values

1. The Growing Popularity of Electric Vehicles 

The shift towards electric vehicles is undeniable. According to the International Energy Agency, the number of electric cars on the road globally surpassed 10 million in 2020, and the number is expected to continue growing. 

2. The Importance of EV Chargers 

One of the biggest concerns for EV owners is access to charging infrastructure. While public charging stations are available, having a charger at home is often more convenient. It allows EV owners to charge their vehicles overnight or whenever it's convenient for them. 

3. The Impact on San Diego Home Values 

The presence of an EV charger can be a significant selling point for potential buyers, especially in areas where electric vehicles are popular. It can add convenience and value to a home, making it more attractive to buyers who own or plan to own an electric vehicle. 

4. The Potential for Increased San Diego Home Value 

While there isn't a definitive answer to whether having an EV charger increases the value of a home, there is evidence to suggest that it can. A study conducted by the Lawrence Berkeley National Laboratory found that homes with EV chargers sold for more than those without. The study analyzed home sales data in California and found that homes with EV chargers sold for an average of $5,000 more than those without. 

5. The Importance of Location 

The impact of an EV charger on home value may also depend on the location. In areas where electric vehicles are more popular and the infrastructure to support them is well-established, having an EV charger may be seen as a significant benefit. In other areas where electric vehicles are less common, the impact on home value may be less pronounced. 

6. The Cost of Installation 

One factor to consider is the cost of installing an EV charger. While the cost can vary depending on factors such as the type of charger and the complexity of the installation, it's important to weigh the potential increase in home value against the cost of installation. 

7. The Potential for Future Growth 

As electric vehicles become more popular and the demand for EV chargers increases, having one installed in your home can be seen as future-proofing. It's an investment in the future that can make your home more attractive to potential San Diego home buyers

In conclusion, while there isn't a definitive answer to whether having an EV charger increases the value of a San Diego home, there is evidence to suggest that it can. The impact may depend on factors such as the location, the local San Diego real estate market, and the specific needs and preferences of potential buyers. If you're considering installing an EV charger in your home, it's a good idea to do some research and talk to a real estate agent to determine whether it's likely to add value to your property.

To find out more about selling your San Diego Real Estate contact the Lewis Team Today.

San Diego Real Estate Agent Dawn Lewis

 

Dawn Lewis 619-981-3917

Search for more homes in San Diego

What's My Home's Value in San Diego

The Lewis Team San Diego Real Estate Experts!                 

Jan. 9, 2024

San Carlos Real Estate 2024 Condo by Lake Murray and Cowles Mountain

San Carlos Real Estate 2024 Condo by Lake Murray and Cowles Mountain

This exquisite top-floor, end-unit condo in San Carlos offers unparalleled views of Cowles Mountain, setting it apart as a premium residential choice. Beautiful East County San Diego location right by Lake Murray with anSan Carlos Real Estate for Sale in 2024 easy commute to San Diego beaches and downtown San Diego. This San Carlos property has a lot to offer including luxury vinyl plank flooring throughout the main living areas enhances its elegance. This single-level condo has been upgraded with fresh white paint, sophisticated crown molding & beautifully designed window coverings, contributing to its bright and airy ambiance. 

The kitchen, a highlight of this home, features a window above the sink allowing for natural light and a pleasant cross breeze when paired with the open sliders though there's also central AC for comfort. It's equipped with light wood cabinets, light neutral solid surface countertops, & a sink that complements the overall aesthetic. The living room, cozy with its wood-burning fireplace with a tile surround & white wood mantel, offers stunning views of the mountain. 

This condo boasts dual master suites, each with private ensuite bathrooms. One of the bedrooms features double closets & private access to a balcony that presents breathtaking mountain views. The convenience extends to a full-size in-unit laundry & an abundance of storage options, including a storage closet on the large balcony & an additional private storage unit in the building. 

The complex itself is a testament to luxurious living, with beautifully maintained grounds that include a clubhouse, pool,San Carlos Condo by Lake Murray and Cowles Mountain San Diego and spa area. For those who enjoy the outdoors, the property is ideally located near the Cowles Mountain trailhead, Lake Murray, and the Mission Trails Golf Course. Practical features like underground parking with an assigned spot, ample guest parking, and an elevator from the garage to the unit add to the appeal of this remarkable San Carlos home. 

Walk to nearby stores, restaurants, a yoga gym, and more, enjoying the convenience and beauty of this exceptional location.

 

Call Dawn Lewis for more information on this San Carlos Real Estate 619-981-3917

Search San Carlos San Diego Real Estate for Sale

 

Request a private showing

Find out more about our off market homes

619-656-0655

Search for more homes in San Diego

What's My Home's Value in San Diego

The Lewis Team San Diego Real Estate Experts!                 

Dec. 24, 2023

Chula Vista Real Estate 2024 Market Predictions

Chula Vista Real Estate 2024 Market Predictions

In December 2023, Zillow named Chula Vista CA in South Bay San Diego the most searched large city to buy real estate in the United States. Zillow categorizes a large city as more than 250,000 people. Chula Vista’s current population is estimated at 280,000 people. The typical home price in Chula Vista is approximately $800,000.

With so many people searching for homes in Chula Vista, what will 2024 bring for the Chula Vista Real Estate Market? Predictions are educated guesses and there are many factors that may affect where the Chula Vista Real Estate Market will be in 2024. Some of these factors are, interest rates, supply, demand, economy, inflation, homebuyer confidence, the job market in the Chula Vista and San Diego area and more. Here is what we think the Chula Vista Real Estate Market will look like in 2024.Chula Vista Real Estate 2024 Market Predictions

Chula Vista has seen a lot of growth over the past 35 years, particularly in East Chula Vista. East Chula Vista was ranch land before the master planned communities took root. The beginning of the East Chula Vista housing boom was started in 1986 with the EastLake Company developing the ranch into the master planned community of EastLake. The first-phase neighborhoods of EastLake Hills and EastLake Shores were produced by eight builders and ranged in price from $49,900 to more than $300,000. Builders in the initial phase were Brehm Communities, Century American Corp., Pacific Scene, the Fieldstone Co., Lane/Kuhn Pacific, McKellar Homes and Barrett San Diego.

EastLake grew into many areas which now include EastLake Hills, EastLake Shores, EastLake Greens, EastLake Trails, EastLake Vista, EastLake Woods and EastLake Summit. From the success of EastLake other master planned communities began to offer new homes in East Chula Vista. Communities like, Rolling Hills Ranch, Otay Ranch, San Miguel Ranch, Sunbow, Windingwalk, and Rancho Del Rey.

Enough of the history lesson of Chula Vista. I sold many new homes in EastLake during this time for KB Home AKA Kaufman and Broad, so it’s like going down memory lane. The first house I purchased was in Eastlake Greens and lived in EastLake Trails, EastLake Woods, Rolling Hills Ranch and Otay Ranch. I can remember the cattle in the grassy fields that went on forever. Now there are thousands and thousands of homes and families living there. This area is truly one of the nicest master-planned communities in San Diego County California.

What will 2024 bring for Real Estate in Chula Vista? 

Low inventory will still be the biggest factor when buying a home in Chula Vista. With homeowners locked into low interest rates many of them will stay in their homes and enjoy the low monthly mortgage payment. Higher interestChula Vista 2024 Real Estate Predictions rates have made it far less likely that a homeowner will move, since their new monthly mortgage payment will be much higher than what they have now. If a current homeowner wants to move, they may just keep the Chula Vista Real Estate they currently own on a low interest rate loan and rent it out. The property should cash flow with the low interest rate loan they have now.

Interest Rates will also be a factor. It’s predicted that interest rates will go down in 2024. They won’t go as low as they were a few years back, these rates were the lowest in history. Those low interest rates will almost certainly never come back. Nevertheless, lower interest rates will help the home buying and selling market in Chula Vista. Keep in mind that homes priced correctly in today’s 2023 market are getting multiple offers, There's no reason to think that in 2024, homes at market prices will also get multiple offers. With lower interest rates more buyers will be writing offers. If you are looking to buy a home in Chula Vista, give The Lewis Team a call. We would love to show you our strategy for buying a home in the 2024 market. Selling homes in Chula Vista since 1989.

Why has Chula Vista become such a popular place to live? I think a lot of it has to do with how well the master planned communities were originally planned out by the developers. There are lots of amenities in each community including pools, basketball courts, parks, soccer and baseball fields, great shopping and dining, 2 large shopping malls and more. Many of the neighborhoods were designed to cul-de-sac or dead end, meaning not a lot of through traffic in a neighborhood. The weather in Chula Vista is very nice, not as hot as East County San Diego and has a nice breeze that somehow finds its way to Eastern Chula Vista. It’s an easy drive to the sites and activities that San Diego has to offer including the Sesame Place San Diego Water Park, Beaches, Coronado, Downtown San Diego, Balboa Park, Old Town, San Diego Zoo, SeaWorld and more. Chula Vista Active Duty Military and Veteran real estate

Chula Vista and the Military. San Diego is a Military Town. There are many large Navy and Marine Corps Bases in San Diego County. There are also many Veterans living in Chula Vista who decided to stay in San Diego County once their time in service was over. Not a bad place to retire. And THANK YOU for your service! My husband is a former active-duty Marine, well not former, once a Marine always a Marine. My dad was a Sailor in the Navy. We are all part of The Lewis Team and have helped hundreds of active-duty military and veterans with their real estate needs. If you would like information about real estate in Chula Vista, please give us a call. We would love to show you our strategy for buying a home or selling a home in the 2024 market.

What if you’re selling a home in Chula Vista in 2024? 2024 should be a sellers’ market. This means you should have lots of buyers interested in buying your home. You want to get the most out of your home when you sell it. You want to get the highest value possible for your home. Great advice from an agent with over 30 years’ experience can net you tens of thousands of dollars more for your home. Who you hire matters. If you would like some information about selling your home or condo in Chula Vista, please give us a call. We would love to show you our strategy for selling a home in the 2024 market.

Chula Vista Home Values should tick up a bit in 2024. But like anything else, we will have to wait and see.

Happy New Year!

The Lewis Team

Dawn Lewis – Your Chula Vista Real Estate Expert! 619-981-3917

Search for all Homes in Chula Vista

Request a private showing

Find out more about our off market homes

619-656-0655

Search for more homes in San Diego

What's My Home's Value in San Diego

The Lewis Team San Diego Real Estate Experts!                 

Dec. 4, 2023

Otay Ranch Home for Sale 5 Bedroom Plus

Otay Ranch Home for Sale 5 Bedroom Plus

This property in Otay Ranch boasts a spacious and well-designed layout, ideal for comfortable living and entertaining. The house features five bedrooms plus an additional bonus room, and four bathrooms, providing ample space for a large family or guests. Two of the bedrooms, along with two bathrooms, are conveniently located on the ground floor. One of these ground floor bedrooms is particularly notable for its en-suite bathroom and private entrance, making it an excellent option for an Accessory Dwelling Unit (ADU). Otay Ranch Chula Vista 5 Bedroom House

The exterior of the home is visually striking, with a tropical-themed front yard that includes large palm trees and artificial turf, creating a low-maintenance yet attractive landscape. The property also includes a two-car garage and an extended driveway that offers additional parking space for extra cars. The backyard is designed for relaxation and enjoyment, featuring a Zen-inspired theme with a covered deck area perfect for lounging and outdoor gatherings. 

The interior of the house is equally impressive. The entire downstairs area is adorned with hardwood floors, adding a touch of elegance and warmth. Upon entering the front door, visitors are greeted with a grand two-story high ceiling and a sweeping rounded staircase that makes a dramatic first impression. The house also boasts a formal dining and living room, each with large windows that offer views of the lush backyard garden. The dining room is equipped with a built-in cadenza, adding both style and functionality. The kitchen is a chef's dream, with abundant cabinet space, a large island for casual dining, and high-quality finishes including granite countertops and cherry wood cabinets. 

Adjacent to the kitchen, the family room provides a cozy atmosphere with its fireplace and built-in cabinets. A French door in this room opens up to the backyard, seamlessly blending indoor and outdoor living spaces. The master suite of the house is exceptionally spacious and luxurious, featuring a private balcony with a view, the master bathroom is designed for ultimate comfort and luxury. It features both a separate tub and a shower, providing a spa-like atmosphere. Additionally, the master suite includes two large walk-in closets, offering ample storage space and convenience. Otay Ranch Chula Vista Home for sale

On the upper floor of the house, there are two more bedrooms accompanied by another full bathroom, ensuring that each living space maintains a sense of privacy and comfort. This level of the house also includes a thoughtfully designed bonus room, which is equipped with built-in bookcases and desks, making it an ideal space for a home office, study area, or a creative studio. 

One of the standout features of this property is its location. It is situated within walking distance of a variety of shops, restaurants, and schools, adding to the convenience and appeal of the home. This proximity to local amenities makes the property not just a comfortable living space but also a convenient hub for daily activities and community engagement.

1777 Clover Tree Court Chula Vista 91913

Price $1,179,000

Call me for more information about this Otay Ranch Home.

Dawn Lewis – Your Chula Vista Real Estate Expert! 619-981-3917

Search for all Homes in Chula Vista

Request a private showing

Find out more about our off market homes

619-656-0655

Search for more homes in San Diego

What's My Home's Value in San Diego

The Lewis Team San Diego Real Estate Experts!                 

Nov. 30, 2023

San Diego County Land for Sale

San Diego County Land for Sale

Nestled in the serene beauty of Fallbrook in North Inland San Diego County, this exceptional vacant land lot spans a generous 2.25 acres, offering an extraordinary canvas for your dream home. Rarely will you encounter a property in the county that is as impeccably prepared for construction as this shovel-ready gem. Positioned to capture the essenceVacant land for sale in San Diego of Fallbrook’s natural splendor, the lot boasts southeast-facing views that provide not only breathtaking vistas but also a refreshing, consistent breeze that graces the property. Whether you’re an admirer of sunrises or sunsets, this location offers a front-row seat to witness the daily spectacle of the sun’s journey. 

One of the standout features of this property is the county-approved septic system, eliminating a significant hurdle in the construction process. Furthermore, the convenience of having utilities readily available at the street ensures a smooth transition to your new home. A graded and certified flat pad awaits your architectural vision, offering the perfect foundation for your dream home. The pad is meticulously prepared, promising an efficient and straightforward building process. 

Ready to build in San Diego County? INQUIRE about land loan and construction loan. I have it all set up for your dream home. Build ours or build yours. 

Plans for a modern farmhouse-style home, with a spacious 2975 square feet of single-level living space, have already been developed and are currently in the process of obtaining county approval. This design includes 4 bedrooms, 3.5 bathrooms, and a three-car garage, ensuring a comfortable and stylish living experience. Land for Sale in San Diego County to build a home on

Offering an extra layer of exclusivity and privacy are paramount on this property, as it comes fully fenced, complete with an iron gate, providing peace of mind and an elegant entrance to your future sanctuary. Additionally, the lot is double-gated, offering an ability to access the property in different areas. Whether you choose to bring the existing plans to life or explore other possibilities, this vacant land lot offers an extraordinary opportunity to create the home you’ve always envisioned. The choice is yours, and the canvas is ready for your masterpiece. Don’t miss the chance to make this captivating property the backdrop to your dream lifestyle. 

Enjoy the best combination of small-town living and big city conveniences. Enjoy your local neighborhood wineries, play a round of golf at the Golf Club of California, picnic and play on 27 acres at Live Oak County Park, or pick strawberries at Kenny’s Strawberry Farm. With easy access to the 15 and 76 highways you can take advantage of San Diego’s employment opportunities, beaches, entertainment and more.

3331 Via Loma Fallbrook CA 92028

Price $529,990  

Dawn Lewis Real Estate San Diego

Interested in land for sale in San Diego County? Call Me 619-981-3917.

Dawn Lewis – San Diego Real Estate Since 1989

Land for Sale in San Diego Search

Request a private showing

Find out more about our off market homes

619-656-0655

Search for more homes in San Diego

What's My Home's Value in San Diego

The Lewis Team San Diego Real Estate Experts!                 

Oct. 28, 2023

Is San Diego Real Estate Too Expensive in 2024

Is San Diego Real Estate Too Expensive in 2024

As we draw closer to the end of 2023 with only 2 months left in the year lots of San Diegan’s are concerned about how expensive it is to live in San Diego. In 2024 they will be making decisions to buy a home, rent a home or relocate out

San Diego Real Estate Hotel Del Coronado

 of San Diego. Whether you’re renting or buying a home, San Diego is an expensive place to live. I’ve lived in San Diego for over 3 decades and the very first thing I heard about San Diego was that it was very expensive. Things like, you get paid in sunshine dollars here. Real estate prices compared to average incomes were still very expensive back then. And it hasn’t changed. 

What has changed is interest rates. Interest rates were very low over the past several years which drove home prices up. Not just in San Diego but throughout the country. Recently rates have risen sharply to over 7% and close to 8% and may even go higher in 2024. Even with higher interest rates the home and condo prices have continued to rise. Coupled with low inventory and buyers wanting to own real estate even at a higher payment, the prices have continued to climb in San Diego. There may be a cooling off on buying and a leveling off or lowering of real estate prices in 2024 but we’ll have to wait and see. Many buyers are moving to San Diego after selling a property in another part of California or another state. They have large down payments which will lower the monthly mortgage payment because they will need to borrow less to purchase the property. 

I think the new norm for some occupations, being able to work from home, has allowed people to move where they want to live, instead of living where they must. I would say that San Diego is on the top 10 list of places that someone who can work from home would choose to live if they could afford it. This means more demand for real estate for people who can work from home and make enough income to live in San Diego. Homes in San Diego 2024

If you look at San Diego on a map it’s very limited as far as how much it can grow. Over the past 70 years or so there has been plenty of farmland to expand into and build master planned communities. Communities like Clairemont in the 1950’s, Carmel Valley in the 1980’s and 1990’s, Carlsbad in the 1990’s and 2000’s, Chula Vista in the 1990’s up to today and many other master planned San Diego communities. There are no large tracts of land any more that are a reasonable commute in San Diego County. There are small infill projects and the tapering off of large projects like Otay Ranch in Chula Vista, but no more large areas to turn into new homes. 

On the map, San Diego has the Pacific Ocean to the west, Camp Pendleton Marine Corps Base to the north, Mexico to the south, which are all unbuildable for San Diego expansion. The only direction to build is East County San Diego where there are still large tracts of land and open space. Much of this open space is zoned for large parcels with one home on it and not zoned for large scale master planned communities and condominiums and townhomes. Even if there were new master planned communities in far East County San Diego, people may not want to drive an hour or two get back and forth to work. They may not want to live that far from Downtown San Diego, the beaches, the parks, the museums, the restaurants, the Zoo, Sea World, Balboa Park, etc. all the things you live in San Diego to enjoy. What does this mean, it means that San Diego real estate gets more and more valuable. 

New zoning laws in California have allowed for ADU’s, Accessory Dwelling Units, to be built on most Single-Family Properties throughout the state. This means that you could potentially turn one single family home into 3 units. The main house, an ADU, and a junior ADU. There is also the ability to lot-split some properties and build another home on it with an ADU and junior ADU. Density is on the rise and some neighborhoods are feeling this in a big way. More people living in the same space that less people lived in historically. Noisier and parking is getting very hard to find inVA and Military Home Buyers in San Diego some areas. More congestion on the roads and less of a small neighborhood feel and more of a metro feel. This is basically just progress, but if you grew up in some of these communities or have lived there for a long time you feel like it’s changing too quickly and in a way that makes it not feel like the home you knew. 

It's particularly hard if you’re a first-time home buyer in San Diego. You need to save money for a down payment and then with high mortgage rates you may find that what you can afford is not what you want. This happens a lot in San Diego. Like I said, it’s very expensive and high interest rates make it even less affordable. I think realistic expectations are important. For a first-time homebuyer you probably need to think small and affordable. You most likely will be in the price range of a condo and probably not in the most expensive neighborhoods of San Diego. You need to buy a property within your means and over time upgrade to a larger property until you can afford the home you really want in the neighborhood you really want to be in. It takes time and patience. Very few people can buy their dream home when they buy their first house. It’s a process that takes time, you need to build equity in your home or condo, sell it, buy a larger home or condo, gain equity, sell it, and then purchase the home you really desire. You can also decide San Diego is too expensive and move somewhere else, many people do that too.

If you’re active-duty military or a qualified veteran, you can use your VA Loan to buy a property in San Diego with no money down and ask the seller to pay closing costs. I’ve used the VA loan many times and it’s a great loan and an incredible benefit to having served in the US Armed Forces. San Diego has many Navy and Marine Corps bases, and The Lewis Team has helped hundreds of Active Duty and Veterans buy homes in San Diego. There are tens of thousands VA Homes in San Diego to choose from. 

If you have just decided that you are ready to move out of San Diego and sell your house, you wouldn’t be alone.Master Planned Communities in San Diego 2024 2025 There are many people every year who sell their San Diego home, take their equity, and buy a home in another location or another state where the real estate prices and cost of living are far less than it is in San Diego. We’ve helped many people and families with this transition. Some home sellers walk away with enough cash from the sale of their home to purchase a home for cash in another state. This means no monthly mortgage payment on the property. 

There is no crystal ball showing us what the future has in store for the San Diego Real Estate Market. We won’t know exactly what 2024 will bring until it gets here. One thing you can count on is The Lewis Team to be available to help with any real estate needs that you have. If you just want to get your home’s value, look at some property in San Diego, or just run a question by us, please give us a call.

 

Find out more about our off market homes

619-656-0655

Search for more homes in San Diego

What's My Home's Value in San Diego

The Lewis Team San Diego Real Estate Experts!                 

Oct. 21, 2023

Home for Sale in Rolling Hills Ranch in Chula Vista

Home for Sale in Rolling Hills Ranch in Chula Vista

Discover this 3,190 square foot home in the quiet Rolling Hills Ranch neighborhood. This property stands out with NO Mello-Roos, PAID SOLAR panels and DUAL AC. It offers 4 bedrooms Plus a BONUS room and 3 baths. It includes a large bedroom and full bath downstairs. The upstairs features a spacious bonus room suitable for various activities or could be a 5th bedroom. The heart of the home, an inviting super family room, radiates warmth with its sandstone fireplace and mantel. It’s accentuated by built-in bookcases, spacious enough to house a pool table. 

Home for Sale in Rolling Hills Ranch in Chula Vista

For those who love to cook and entertain, the kitchen is a dream come true. It showcases sparkling quartz countertops, stainless steel appliances, and a grand eat-at island. A dedicated coffee bar & serving area alongside an additional casual dining space accentuates the culinary experience. This space seamlessly flows into an elegant formal dining area that extends outdoors, offering al fresco dining experiences. From its round and refined formal entrance, the separate living room offers expansive views of the private dining patio, ensuring every guest is welcomed in style. The interiors shine with natural sunlight from the abundance of windows, further adorned by crown molding and custom paint. A harmonious blend of tile and hardwood floors flows through the home, providing a touch of sophistication. 

On the outside, the Mediterranean-inspired architecture stands out, with the home’s stucco finish complemented by an S-tile roof. The front yard exudes charm with its grand stucco wall, imposing columns, and a tropical-flavored garden while the backyard offers a serene view of open spaces. It has a covered patio, a raised lounging area, and a garden box for those with a green thumb. Privacy is unparalleled with no direct neighbors fronting or backing the home. 

The community offers ample recreation with nearby pools, spa, parks, and serene walking trails. Schools, shops, and restaurants are all nearby, making it a prime location in Rolling Hills Ranch. Don’t miss out on this opportunity!

Chula Vista Real Estate Agent

Price: $1,350,000

Bedrooms: 4 + Bonus Room

Bathrooms: 3

Square Feet: 3,190

Address: 2708 Valleycreek Circle Chula Vista 91914

Search Chula Vista Homes for Sale

Request a private showing

Find out more about our off market homes

619-656-0655

Search for more homes in San Diego

What's My Home's Value in San Diego

The Lewis Team San Diego Real Estate Experts!                 

June 16, 2020

Mission Beach Steps to Beach and Ocean

Mission Beach Steps to Beach and Ocean

Mission Beach Real Estate 3 Bedroom 2 Bath

Vacation rental this Mission Beach property or live in full time. Soak in the amazing panoramic ocean views from the roof top deck of this 3 bedroom, 2 bath,  1,319 sq. ft.  twin home located just one building off the boardwalk and beach. 360 views of the ocean, the bay, Belmont Park and the pier creating the perfect backdrop for summer. 

Dine al fresco on your patio and take in all the stunning San Diego sunsets steps from the Pacific Ocean. The water views continue as you entertain in your large open concept floor plan. In unit laundry, 2 car garage with additional carport.

Mission Beach real estate for sale The Lewis Team

If you’re looking for that perfect property in Mission Beach then you will want to see this one. Call Dawn Lewis and The Lewis Team for your private showing today.

716 Kingston Court San Diego CA 92109

  • Bedrooms 3
  • Bathrooms 2
  • Square Footage 1,319
  • Year Built 1999

Asking Price $1,349,900

Dawn Lewis San Diego Realtor

Request a private showing

Find out more about our off market homes

619-656-0655

Search for more homes in San Diego

Search all real estate for sale in Mission Beach

What's My Home's Value in San Diego

The Lewis Team San Diego Real Estate Experts!