If you’ve been thinking about buying a new house or condo in the La Jolla, you’ll be pleased to know that you’ll be buying in to a warm, stable community that has a healthy and popular real estate market. When you buy in La Jolla you’re not just buying a home – you’re investing in a property that will appreciate over time and which should provide you with an excellent return if you decide to sell. In today’s post we’ll share a few reasons why buying a home in La Jolla is an invaluable investment – especially if you’re buying a second home for vacation use.
Natural Beauty and a Warm, Friendly Community
Think back to the last time you visited La Jolla and you’ll most likely remember what a beautiful and friendly community it is. The “vibe” here in La Jolla is different than in other parts of California and you’ll find that most of our residents are a welcoming bunch. While this is helpful for you, it’s also one of the reasons that our local real estate market is perpetually busy and why buying here is a solid investment. If you do decide to sell at some point, prospective buyers will quickly notice just how great the local area is.
A Steady, Healthy Real Estate Market Means a Positive ROI
Speaking of our real estate market, another reason buying here is such a great investment is that the local market is prone to healthy and sustainable growth. That’s not to say that La Jolla is always on the way up – our market has cycles just like any other – but over the past decade median sale prices have trended upward and are likely to continue to do so. Buying La Jolla real estate is seen by many as a solid investment with long-term potential.
Buying a Second Home? La Jolla is Always Welcoming Visitors
If you’re buying a vacation home or one that you’re only going to be using part of the year you’ll be pleased to know that if you’re interested in renting your home out to vacationers you’ll have a steady stream of business. While the summer is generally the busy period, La Jolla is constantly welcoming new visitors and many of them would far prefer to stay in a beautiful house or condo instead of a hotel. Spend a few minutes browsing through listings on websites like HomeAway and VRBO to get a feel for how much local homes tend to rent for on a nightly and weekly basis. It’s possible that over time your vacation home might end up paying for itself.
Contact Us to Learn More About La Jolla Real Estate
When you’re ready to discuss your real estate options in La Jolla, our team is here to help. Contact Berkshire Hathaway HomeServices California Properties at your convenience at (858) 405-4004 and we’ll invite you in to our offices for a consultation where you can share your needs and goals. We look forward to meeting you and to welcoming you to La Jolla!