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Old 02-03-2013, 01:54 AM
 
Location: Pacifica, CA
258 posts, read 343,596 times
Reputation: 203

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I guess people's expections of houses must be nothing like mine (I grew up in CA). I just bought a house in Pacifica for under $600k. It has 3 beds, 3 baths, a huge rec/family room, has a view of the ocean and a 2 car garage. Yes, its a fixer, yes, the rec rm and one bath are not warranted, yes, the rooms are fairly small, and yes, the yard is small, but i feel that i have more then enough space. For 800k plus you can buy a liveable house in most of the bay area, it will probably be smaller then what you had in VA, but thats the price you pay to live in an area where you can comfortably be outside most of the year.
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Old 02-03-2013, 02:10 AM
 
34 posts, read 7,701 times
Reputation: 22
Quote:
Originally Posted by Mark Fitsburgh View Post
True i just paid 1.4 million for a 1900 sq ft house in Berkeley. Unless you want to live in some central valley town like concord or further you're going to be paying over a million.

For 1.4 mil you could buy a house in Orinda with 1900 sq. ft. Did you get ripped off? Orinda is a much nicer town than Berkeley.

Concord is 15 min east of Berkeley by BART and is in Contra Costa County. The Central Valley is San Joaquin Valley.
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Old 02-03-2013, 02:32 AM
 
1,809 posts, read 1,139,763 times
Reputation: 1623
Quote:
Originally Posted by Bayareaadvisor View Post
For 1.4 mil you could buy a house in Orinda with 1900 sq. ft. Did you get ripped off? Orinda is a much nicer town than Berkeley.

Concord is 15 min east of Berkeley by BART and is in Contra Costa County. The Central Valley is San Joaquin Valley.
I used to live in Orinda and loved it, although it is kind of rural. You can get a 3000 square foot house in Orinda, 1960s or 1970s vintage, for $1.4 million. A new house will cost more, but living in Orinda is about what's outside the house, not what's in it.

Still, to go back to the original topic, I did get priced out of the Bay Area when I was in mid-career and was offered a job I wanted to take, but moving my family there in 1999-2000 with a house comparable to what I was living in would have cost well over a million dollars, and I didn't have it. (I know that I could have qualified for some sort of funky mortgage that I would have still been paying off in my eighties; no thanks.)
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Old 02-03-2013, 01:54 PM
 
Location: Studio City, CA
116 posts, read 85,341 times
Reputation: 39
Quote:
Originally Posted by Bayareaadvisor View Post
For 1.4 mil you could buy a house in Orinda with 1900 sq. ft. Did you get ripped off? Orinda is a much nicer town than Berkeley.

Concord is 15 min east of Berkeley by BART and is in Contra Costa County. The Central Valley is San Joaquin Valley.
What you like i don't like. I don't like that cookie cutter suburban vibe. Berkeley reminds me of studio city without the celebrities and ill be closer to work as i'll be teaching at the University.
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Old 02-03-2013, 02:24 PM
 
14,029 posts, read 25,855,451 times
Reputation: 8188
Asking prices are up significantly... as much as 30%

Here's one that I know nothing about except what is listed.

118 Montwood Way Oakland CA - Home For Sale and Real Estate Listing - MLS #40602379 - Realtor.com®
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Old 02-03-2013, 03:05 PM
 
Location: Oakland, CA
17,269 posts, read 11,842,036 times
Reputation: 12795
I think housing prices are ridiculously expensive relative to school quality compared with most parts of the US. But this is a statewide problem.
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Old 02-03-2013, 03:12 PM
 
1,030 posts, read 1,595,507 times
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Quote:
Originally Posted by jade408 View Post
I think housing prices are ridiculously expensive relative to school quality compared with most parts of the US. But this is a statewide problem.
Yes, but it is magnified in the Bay Area.
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Old 02-03-2013, 03:28 PM
 
1,415 posts, read 2,417,490 times
Reputation: 1058
Quote:
Originally Posted by thecooler View Post
I guess people's expections of houses must be nothing like mine (I grew up in CA). I just bought a house in Pacifica for under $600k.
For 600K I expect around 4,000 sq. ft.,a minimum 1/2 acre lot and a "10" rated school district. This can be easily had for $600K in most areas of the country except CA and the Northeast.
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Old 02-03-2013, 04:04 PM
 
14,029 posts, read 25,855,451 times
Reputation: 8188
Quote:
Originally Posted by capoeira View Post
For 600K I expect around 4,000 sq. ft.,a minimum 1/2 acre lot and a "10" rated school district. This can be easily had for $600K in most areas of the country except CA and the Northeast.
That makes it easier...

Start with school districts...

Only look for homes in 10 districts...

Maybe CA is different?

Here, individual schools are rated more so than entire districts.

Some of the districts here are quite large and you can find average schools in the same district as 10 schools.

Ever since I can remember I was taught the Bay Area is comprised of 9 Bay Area Counties... there is bound to be something in all that vastness.

As a side note... friends bought a home in Canyon CA... it was on several acres, 10 rated school district and home was just a little shy of 4,000 square feet... it also had a barn for two horses... they paid 550k year before.
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Old 02-03-2013, 05:12 PM
 
1,809 posts, read 1,139,763 times
Reputation: 1623
Quote:
Originally Posted by capoeira View Post
For 600K I expect around 4,000 sq. ft.,a minimum 1/2 acre lot and a "10" rated school district. This can be easily had for $600K in most areas of the country except CA and the Northeast.
For this you can go to Atlanta, Dallas, Jacksonville, Cleveland, Pittsburgh, all nice cities in their own way.

I live in Chicago's north shore, and $600k in a "10" rated school district got me 1582 square feet on a tenth of an acre. Way out in the boonies, it's cheaper but I wouldn't vouch for the schools.

In the Bay Area it would get me a two bedroom condo in SF, or a fixer upper in a pleasant (but not school acceptable) part of Oakland. That is one reason I no longer live there. Sorry.
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