Here we discuss the impact of a neighbor blocking the ocean view with a second-story addition.
What’s An Ocean View Worth?
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Here we discuss the impact of a neighbor blocking the ocean view with a second-story addition.
Any view protections must be in writing in the original builders cc&r’s….which they would defend until the project is sold out only. After that, you must have a ongoing HOA with deep pockets and willing to fight it…or the offended owner must have deep pockets themselves to pursue a case. Really…. likely a DOA case IMHO.
Agreed, and we discussed that pursuing this in court wouldn’t go too far.
The HOA permitted the work after the homeowner got the next-door neighbor to sign off, but they were a tenant, plus one other. He then pressured the HOA to allow it with just one homeowner approving.
The city then gave him a permit, so they of course said there’s nothing they can do.
This would never happen in Del Mar or Solana Beach!
10% seems low, at least in La Jolla. Houses on the cliff side of a street can be DOUBLE the prices of houses on the opposite side.
In Encinitas we have 30-foot height limit thanks to citizen initiative Prop A.
We also have crazy, litigious neighbors:
http://encinitasundercover.blogspot.com/2017/04/rosebay-homeowners-win-lawsuit-over-2nd.html
Though projects like that have been known to mysteriously spontaneously combust late at night. I believe one can purchase high power co2 lasers with good collimation rates quite cheaply in the United States.
10% seems low, at least in La Jolla. Houses on the cliff side of a street can be DOUBLE the prices of houses on the opposite side.
Generally-speaking. It wouldn’t be prudent for me to make rules-of-thumb based on an extreme market like La Jolla, and then apply them to the rest of the county.
Makes, sense, Jim.
Aside from price, I would be curious about time on market. I think a lot of people are looking for “view only” houses, so will cross this one immediately off the list.
Aside from price, I would be curious about time on market. I think a lot of people are looking for “view only” houses, so will cross this one immediately off the list.
People who are looking for view properties only will be very frustrated – especially if they want a single-story too. Those are keepers, and not enough coming to market to go around.
Time on market? My internal rule-of-thumb is that a listing starts cooling off after the fourth day on the market. But the vast majority of realtors believe that the first month or two is still early, and because they are getting showings, that lucky family with 2.2 kids will be paying the price any day.
But you and I know that more showings without an offer just means more people don’t like the house, or the price – not that a longer experiment will pay off. We are so far into this bull market that it wouldn’t be prudent for any seller to assume that waiting longer will mean higher prices.