If only one could go back in time, as far as Real Estate
prices are concerned. Obviously, we cannot go back in time, but we can expand
our horizons and find a new, exciting and different place filled with opulent view
estates, raw land, ranches, groves, farmhouses and attractive tract homes. A
short drive from South Orange County, the Temecula Valley is a beautiful part
of our state framed by mountain ranges. If you are shopping for real estate, in
this valley you can nearly double your buying power in comparison with South
Orange County. One specific example: A brand new 3600 square foot 2 story home
with 5 bedrooms, 4.5 baths and a 3 car garage and a great backyard, was
recently purchased for less than $450,000.
A little perspective on what is called the Temecula Valley,
located about halfway between Los Angeles and San Diego:
The Southern
California Railroad linking this valley to a transcontinental route stopped
running in 1935. Growth had nearly ceased for the next 50 years until
Interstate 15 was built. Explosive development followed. Where farm animals
grazed a few years ago, single family homes, stores, restaurants and shopping
malls now dot the landscape. Excellent schools add to the quality of life.
Since Real
Estate is hyper local, I chose to concentrate on only three cities in this
valley: Temecula, Murrieta and Wildomar.
Temecula has
a downtown that transfers you back to the 19th Century, with an
ambiance that makes you think you are in the Wild West. Starry eyed tourists
crowd the sidewalks on weekends. Temecula also has 3500 acres of producing
vineyards, as well as avocado groves....
Murrieta sits
in a green valley of open spaces, oaks and sycamores. It too has a retro
downtown, and plenty of family fun, such as the annual rod run, which attracts
over 20,000 people and more than 400 cars. Some of the most beautiful nature
trails are found in this town.
Wildomar is
no longer the sleepy little town that was an outpost for the Pony Express, a
farming community. It has 21st Century housing, but you can still
find the friendly farm stand where the prices are low and the quality is high.
This town has a relaxed atmosphere.
On a weekly basis, I will keep you posted regarding real
estate opportunities in these three towns.
In the meantime, please
visit my website at “Realtyincalifornia.com.”