Are $1M Homes in San Diego Worth It?

Sometimes. San Diego is one of the nicest cities in the world. I started in a condo and worked my way up into a SFH. Love my neighborhood and love San Diego. We pay for the quality location.

In my experience most of SD is ghetto/urban except for like Carl’s Bad and La Jolla. Even the ghetto areas are not affordable. I don’t see what people see in about living down there besides the weather. It’s always crowded and the attractions get tiring

San Diego turned into where only the rich buy houses here now. It used to be affordable.

California is hell.

Take ypur $1,000,000 and cross the border to Tijuana on the Mexican side....you can buy a mansion....but then you have to deal with the Mexican thieves and cartels....

with your $1M, you will enjoy a brand new big home in Summerlin Las Vegas which is one of the best to live in Vegas.

alpine?!! so if you want to live in san diego because of the weather, the ocean and being near lots of culture and populated areas and youbwant a decentvsize home... don't live in san diego or anywhere near it. livein alpine. justva quick 1 hour drive to downtown.

Buying a house in SD makes no sense at all. You can rent a nice bigger place here for half of the price of the mortgage.

A decent size home in a good neighborhood and reasonably close to beaches and tech jobs costs more than 1.5 million in SD.

It is not worth, unless your income supports and made quick money somewhere to buy..

San Diego isn't Austin TX where there is flat buildable land in every direction. The most desirable land near the coast is built out. There is no place to build anymore so it will always be expensive. If you think that the houses in San Diego are a rip off then you think market capitalism in a rip off and you are a socialist and I will not stand for your anti-American commie clap trap!

I'm so glad I sold my beach house in San Diego. Low quality, bad traffic, weather wasn't even that nice, such a waste of so much money. So glad I sold it

You are not paying for the home, you are paying for the location.

San Diego is worth the money. Beaches, mountains, Mexico, low air fares in Mexico. Best food. Etc etc. nice neighborhoods.

Insane that you would tell people to look at homes further east without telling them about the huge temperature/weather change that occurs as you move away from the coast. You could destroy someone’s life having them move from Arizona only to find similar desert weather in east San Diego and pay $1 million for it.

Be careful buying now. Housing went down significantly in 2008-2012 in SD, and in the 90’s. What will happen as more people leave SD, and unemployment rate jumps?

Wild, someone willing to pay one mil for a shack ... 🤡🤡🤡

My home I bought in 2016 for $385k is approaching a million dollars in value after the last appraisal. Tells me all I need to know. I've put about $125k in upgrades, additions and landscaping but still, jumping from sub $400k to just over $900k in 8 years is crazy to me. I'm not complaining one bit, but I feel for people searching for a home to buy now. Asking prices for a lot of these homes are ridiculous for what you're getting. Then there are rent prices.

No. I saved you 10 minutes. 🤣 People also aren't taking into account criminal activity including drug overdose and things like how safe you can be/feel if you have to go out at night to visit a CVS or going home late etc, making sure you have appropriate security.

Nope. I can’t believe what people pay for a shack in SD. Such a waste of money.

They are worth it if you are willing to pay the price.

I remember 5+ years ago those same homes were around $500K-$600K. People balk at the price now. Wait until 5 years later!

Great insight! Thank you, Dan!

do you have email ?

It's definitely worh it if you can afford it. Living in San Diego is a luxury for the super wealthy or people that have lived here a ling time.

Nope. Not worth my entire monthly paycheck before taxes. You guys can keep your shiny boxes. I'm leaving the county. Not worth it.

hey you need unique thumbnail in 50 mins ?

Who is buying a these ancient million dollar tract houses with cracks in the driveway for 100k down and 8k payment after PMI and insurance? Who is buying these things! Anyone who makes 300k per year (that's still barely enough to afford it) ought to be smarter. You can rent the same house for 4k per month!