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Old 09-28-2009, 05:51 AM
 
26 posts, read 98,757 times
Reputation: 19

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We are possibly moving for a job opportunity in California and all of our family is there. We are aware that coming from another state, the cost of living in Ca is more expensive.

-Can you find a 3 bedroom,2 bath single family home for $150,000 in
the Murietta/Temecula area?

-Where can you rent at least a 2 bedroom apartment or small house
for around $1000 in a safe,clean, nice area?

-Are these areas nicer than Corona and Riverside? I hear of bidding
wars and multiple offers making properties hard to get.

-What is the current market activity there and where do you think it is
headed?

Any other opinions or suggestions are appreciated! Thank you!
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Old 09-28-2009, 10:19 AM
 
Location: RSM
5,113 posts, read 19,681,943 times
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Can you find houses for that price? Yes. Will you find one in good shape, in a good neighborhood, with the best schools? Probably not. Generally, the area is nicer than most of Corona or Riverside.

As far as that rent, I'm not sure you can find that anywhere in southern california.
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Old 09-28-2009, 10:51 AM
 
Location: The High Seas
7,373 posts, read 15,934,199 times
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Quote:
Can you find a 3 bedroom,2 bath single family home for $150,000 in
the Murietta/Temecula area?
Better watch this:

YouTube down for maintenance
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Old 09-28-2009, 02:10 PM
 
22 posts, read 56,740 times
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Hi snort ..... I'm assuming that by posting that you are saying the only place in Murrieta to find a $150,000 house is in the ghetto? ... can you tell me what areas of Murrieta are considered the ghetto? For instance, would any of these addresses be considered in the ghetto? - They are all in Murrieta and are at least 3/2 and listed on the MLS ranging in price from $150,000 to $177,000 ... I'm not familiar with the bad areas of town ....Thanks!

24500 Westhaven Ct - $150,000

24768 LEAFWOOD Dr - $159,900

24880 ALICIA Way - $160,000

24557 Tuscola Cir - $165,000

39900 OSPREY Rd - $165,000

41174 AMIENS Ct - $175,000

24493 NEW HAVEN Dr - $177,000

28355 RAVENNA ST - $175,000

24532 CAMINO MERIDIANA - $150,000

39372 SAN THOMAS Ct - $160,000
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Old 09-28-2009, 04:51 PM
 
Location: southwest michigan
1,061 posts, read 3,568,288 times
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I was going to say that you'll have more luck in Murrieta with that price range than Temecula. We would look there, but my husband's commute to Poway is long enough- I have no interest in it being 1 minute longer! Plus, we are already established in Temecula...schools, church, girl scouts, etc. so if I'm going to uproot my whole family, it won't be just to move 10 miles away. In Temecula, a 3/2 for $150K will be hard to find, and will be about 1200 sq. ft., or perhaps a little bigger with no yard. Keep in mind that it will most likely also be a foreclosure, so you'll be purchasing all your appliances, replacing all landscaping so it meets HOA guidelines, and sometimes repairing damage to the home itself. Again, I'm speaking from my experience with Temecula. Murrieta might offer more options in that regard.

As for renting, I cannot imagine something $1000 or less that would be two bedrooms in a nice neighborhood with good schools and have important things that moms like, such as a washer/dryer hook-up. We are paying a bare-bones $1350 and it is small. People still think we got an *amazing* deal though, especially with the great schools we're zoned for. So if $1350 is a screamin' deal, I don't know where you'll find $1000.

Last edited by dweej; 09-28-2009 at 05:04 PM..
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Old 09-29-2009, 04:17 PM
 
22 posts, read 56,740 times
Reputation: 13
I addressed my post to snort but if anyone else here knows the area can you tell me if those street addresses are considered in the ghetto? We will be flying out to look at houses soon and I'd hate to focus on the wrong area of Murrieta ... it appears they are all in the "Y" of the 215 and the 15 ... is that area the "ghetto"? THANKS!
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Old 09-29-2009, 04:46 PM
 
Location: southwest michigan
1,061 posts, read 3,568,288 times
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I don't know as much about Murrieta as about Temecula, but I would venture to say that there is no ghetto in the true sense of the word. And by true sense of the word, I mean like the bad areas of Detroit. And Murrieta does have more affordable housing options than Temecula, however, let's look at one of your listings: 24768 Leafwood Dr, Murrieta, CA 92562. This house is only 1282 sq. ft., so you're still paying over $125 per sq. ft. for a home that has no interior upgrades and has a major street running right next to it and a stop light right in front of your front yard. If the home is zoned for Avaxat Elementary (which I believe it is), this will also negatively affect your resale value because their academic performance scores are lower than most in the area. Add to that the fact that these neighborhoods are all in that Y between the two freeways, and you are looking at a location that is not "preferred" by most homebuyers (due to noise and air pollution, as well as increased surface street traffic due to the commercial, medical, and apartment buildings all in that area as well). So is this area a ghetto? No. Would I pay $125/sq. ft. to own this home? Also no. Hope this helps a little with perspective on the area.
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Old 09-29-2009, 05:32 PM
 
22 posts, read 56,740 times
Reputation: 13
Thanks dweej - I didn't think there was really a "bad" side of town in Murrieta but just wanted to be sure ...

BTW, those addresses are all from our realtor and listed as short sales, so they are not the cream of the crop ... but since the OP asked if there were $150,000 3/2's available and the response was a video about the ghetto I just wanted to be sure I didn't consider a bad area ....

Thanks again! -
Opening Day Media LLC
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