UPDATE: Please contact us for updated searches of affordable homes in San Diego.
Last week I discussed what homes you can purchase in San Diego for about $700,000. This week I want to share some examples of Affordable Homes For Sale in San Diego County.
Affordable housing looks different in every part of the country. Unfortunately we don’t have the same purchasing power here in San Diego as you might have in Texas or Florida but let’s quickly look at a few options.
Spring Valley Condo For Sale – If you are willing to purchase a condo in the Spring Valley area which is about a 15 minute drive from downtown San Diego here is a lovely 2 bedroom, 2 bath, 1,050 square foot condo listed for $240,000. Not all complexes are VA approved but it’s certainly possible to find some nice options at a reasonable price.
San Diego Home For Sale Option – If you’re looking for a home here is the smallest home currently for sale in the city of San Diego that would qualify for financing. It’s located in City Heights, about a 5-10 minute drive from Downtown San Diego. This home is features 1 bedroom, 1 bath and 380 square feet for $339,000.
The reality is that most people will require a home that is larger than 380 square feet. If you’re willing to live a little further outside of the city there are some excellent options in El Cajon, Escondido, Oceanside and Chula Vista.
North Escondido Home For Sale – Here is a nice home for sale in Escondido priced at $425,000. This home features 3 bedrooms, 3 baths with 1496 square feet.
Oceanside Home For Sale – To give you an idea of location it is located about 40 minutes from Downtown San Diego but if you’re unfamiliar to the area this is not a big deal. Many people who live up in North County rarely come south. You will find a lot of people are able to work and commute in the area they live in and avoid long work commutes. This home in Oceanside is priced at $425,000, it features 3 bedrooms, 2 baths, 1,488 square feet and a 2 car garage.
Chula Vista Home For Sale – Here is one of the newest and lowest priced homes currently for sale in Chula Vista. This home features 3 bedrooms, 3 baths, 1,410 square feet and a 2 car garage. Priced at $459,900.
Mission Valley Condo For Sale – One of my favorite areas in San Diego that I think is a great long term investment and will always be in demand if you need to rent is Mission Valley. You can still find a few VA and FHA approved condo options for sale. This condo is currently for sale in Mission Valley, it features 1 bedroom, 1 bath & 530 square feet. It is listed for sale at $279,900.
These are 4 examples of homes that would be considered affordable first time home buyer opportunities in San Diego. If you’re interested in learning more about the home buying process or need assistance buying or selling real estate in San Diego please contact us.
Filed under, Affordable Homes For Sale in San Diego
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