Bay Area. House Prices. Depressing.
So after the wonderful 10-month stay in San Diego, the dream-like house hunting in Seattle, we are now looking for houses (rental, of course) in the bay area. The infamous bay area. The are that I vowed never to return to when I left it years ago. Ack! House prices there are -- how should I put it -- depressing.
Why am I returning to the dreadful bay area? Well, hubby left the Navy (happy happy joy joy) and got a job offer that's too good to turn down in the bay area. Okay, he'll be working for Northrop Grumman. :D Hence the big plunge.
To put things into perspective for all ye folks who are unfamiliar with houses prices in bay area:
We've saw a house for sale (next to the one we were looking at renting) going for $698,000 for a tad short of 1,500 s.f. in Sunnyvale.
To put things into more perspective:
We can pay twice the price of what our house is worth in Sacramento for a house that is, you guessed it, a tad smaller, and possibly older.
To put things into yet another different perspective:
We paid less that 1/3 that price for our house 2 years ago that is bigger and possibly newer.
Some comparisons:
$600,000 can get you a brand spanking new 4,000 sq. ft. house in Sacramento with money left for upgrades.
$450,000 can get you a brand spanking new 3,000 sq. ft. house in Seattle, Washington (Renton area). Cheaper if you are not too picky about pretty designs.
Some less depressing news (for the bay area dweller or bay area dweller wannabes):
$600,000 can probably get you some old houses that's less than 1,000 sq. ft. into San Diego, California.
Surely, we can live some 40-60 miles area from the bay area and get a brand spanking new, 2,000 sq. ft. home for around $600,000. What better way to spend your time than driving back and forth to the bay area some 5-6 days a week and what better way to spend your ENTIRE pay check than putting every single penny into the mortgage?
Why am I returning to the dreadful bay area? Well, hubby left the Navy (happy happy joy joy) and got a job offer that's too good to turn down in the bay area. Okay, he'll be working for Northrop Grumman. :D Hence the big plunge.
To put things into perspective for all ye folks who are unfamiliar with houses prices in bay area:
We've saw a house for sale (next to the one we were looking at renting) going for $698,000 for a tad short of 1,500 s.f. in Sunnyvale.
To put things into more perspective:
We can pay twice the price of what our house is worth in Sacramento for a house that is, you guessed it, a tad smaller, and possibly older.
To put things into yet another different perspective:
We paid less that 1/3 that price for our house 2 years ago that is bigger and possibly newer.
Some comparisons:
$600,000 can get you a brand spanking new 4,000 sq. ft. house in Sacramento with money left for upgrades.
$450,000 can get you a brand spanking new 3,000 sq. ft. house in Seattle, Washington (Renton area). Cheaper if you are not too picky about pretty designs.
Some less depressing news (for the bay area dweller or bay area dweller wannabes):
$600,000 can probably get you some old houses that's less than 1,000 sq. ft. into San Diego, California.
Surely, we can live some 40-60 miles area from the bay area and get a brand spanking new, 2,000 sq. ft. home for around $600,000. What better way to spend your time than driving back and forth to the bay area some 5-6 days a week and what better way to spend your ENTIRE pay check than putting every single penny into the mortgage?
posted by cahalan @ 01:29
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