So let's say you had a million dollars to spend on a
home in San Diego in a nice desirable neighborhood. What can
you expect to get for that money? My name is Dan Parker.
I'm a real estate agent here in San Diego and I have clients
asking me this all the time, it's 2021. It's been eight years
of consecutive housing growth. Eight years of a consecutive
seller's market here in San Diego with no signs of slowing
down. And the reality is a million dollar home isn't what
it used to be. So let's start with some of the biggest
requests I get on what people are looking for in a home here
in San Diego the needs and wants, starting with I mean,
hey, San Diego, starting with an ocean view, everyone wants an
ocean view. This is consistently the number one thing that gets
requested for my clients who are looking in around the million
dollar range, but I'm going to lay some truth bombs down right
now. If you're looking for a single family detached home and
you want that beautiful ocean view beachfront property, a
million dollars is not going to cut it. Now if you're looking
for a condo, if that can fit your needs depending on what
you're looking for. Certainly you can find some beachfront or
at least some good water views walkable distance to the beach.
As I'm filming this today, there are 36 condos that are two
bedrooms or more that have an ocean view and are within
walking distance of the ocean. Now, walking distance of the
ocean does not mean walking distance of the beach. In fact,
a little over half of these properties are located in
downtown San Diego so they qualify for having an ocean
view. But the reality is there's not a nice beach to hang out on
that you can walk to and if you are looking for a condo that has
beach views that is not downtown San Diego, you might have to go
up north to like Oceanside, Carlsbad that you can see, there
are some places available up there. You can also look in
Pacific Beach, you're going to find some properties. Now this
can be a little bit more of a hustle and bustle Lee college
town area. So depending on what you're looking for, that may or
may not be a good fit. And then you can always go south down to
Imperial Beach where you can get a little bit more for your
money. But the reality is down there, you aren't going to find
as many condos you're going to find more single family detached
properties in for the single family detached homes within
Ocean View you're looking at I mean, really starting at a
million although you're really not going to find much in the
million category, you're going to find some plots of land. In
the million category, you might find some fixers, you might find
some properties are not as desirable, have an ocean view
for around a million dollars. Really, my suggestion is
probably around 1.3 to 1.5 is the starting range of an ocean
view. Now again, ocean view, this is not a beachfront
property. This might even be on the east side of the I five so
away from the water, not really walking distance from the ocean,
but you still get those beautiful ocean views. And just
like I mentioned before, north in Oceanside and Carlsbad, some
in Pacific Beach, and then south and Imperial Beach is really
where you're going to find beach view properties within this
price range in the highly desirable La Jolla Encinitas
Solana Beach areas, you aren't gonna find anything in that
price range, you're gonna have to go up from 1.5. And after
oceanfront views, the next top request that I get is new
construction. And for the for the sake of this video, I'm
going to consider anything built after 2015 as new construction.
And again, there are a lot of condos and townhomes available
in this price range if you're looking for new construction,
but for single family, you're really going to have to go down
into Chula Vista if you want to be South really close to the
border of Mexico. If you go east, you can kind of find
sporadically in La Mesa, Santee, elk, mahone. And if you're
willing to go north, if you're willing to be away from the
hustle and bustle a little bit, then you can find some
properties again, kind of sporadically, but there are some
available in San Marcos in the VISTA areas. But here's the
deal. land in San Diego is expensive, because we are an
extremely desirable place to be in. And there's only so much
land available, especially in the city of San Diego and up
along the coast. So the reality is a lot of these homes that
have been built in the 40s 50s 60s in the 70s have
since been flipped over. They've been upgraded and renovated. And
they look brand new, because sellers are trying to get the
most for the money and fix and flip companies are extremely
prevalent in San Diego. So if you want new construction, I
would suggest maybe don't limit yourself to new construction,
you can also look for the homes that have just been completely
redone. And when you walk in, you don't even really notice
that it's not a brand new house. Sure the flow of the house might
feel a little bit different, you know, the older homes tend to be
a little bit more segmented. But you still find really great
deals in homes that look brand new on the inside without having
to go with brand new construction. At the end of the
day, it really depends on what's important to you. is brand new
construction important to you or is going to a very nice home,
what's important to you. And the third request I get all the time
is a pool. And generally when people are saying they want a
pool, they also want a house that's good for entertaining.
Yes, there are houses with pools available but significantly less
than you would think especially if you're coming from another
area. There are a couple reasons for that. First of all San Diego
goes through periods of droughts so it can be both expensive and
difficult to fill up your pool with water when we're going
through these periods of droughts. Now luckily, we
haven't really dealt too much with a drought in the last 10
years in San Diego but I can guarantee you it's going to
happen again. And the other reason why there's not a lot of
houses with pools is because we have the beach Yes, we have the
warm weather But we also have the beach, you can go hang out
at the beach anytime you like without having the maintenance
and upkeep of having a pool in your backyard. But again, if
this is really important to you, absolutely you can find it in
San Diego, you can find a detached property with at least
two bedrooms within a driving distance of the beach for about
1.2 to 1.5 million. That's kind of the starting range if you
want to be close to the beach and have a pool. So can you
actually find what you're looking for with a million
dollar budget in San Diego? Not gonna lie. It's a tough market
right now, for buyers. The good news is, Hey, I can help you
with that. Currently, I'm working with dozens of home
buyers here in San Diego to help them find their dream home for
them and their families. So if you're interested or just want
some more information, my contact information is down
below, reach out and start a conversation. So now you're
probably wondering, what are you actually getting for that
million dollars? What are you getting for that massive budget
that you want to spend on a house in San Diego, you're
getting the lifestyle, you're getting the laid back culture,
you're getting the beautiful weather year round, and you're
getting the beaches. If you made it this far, I have two
resources that would probably be extremely helpful to you. If you
want to know the pros and cons of living in San Diego, check
out this video. And if you want to know more about the housing
market in San Diego, and if we're gonna see a housing market
crash in all of Southern California, check out this video
right here and I only have one request you guys if you liked
this video, just hit that like button down in the corner. helps
give this video in front of more people. Thanks a lot for
watching. We'll see you next time.