There has been a recent uptick in home prices and real estate activity in the charming seaside town of Encinitas, California. Located just north of San Diego, Encinitas offers a relaxed coastal lifestyle combined with easy access to all that Southern California has to offer. So is buying property in Old Encinitas worth it? Here’s what you need to know.
There is a flawless public transport system that can take you from one side of Encinitas to the other. However, if you’re planning on commuting to San Diego for work, you may want to consider another option. The bus ride into the city can take up to an hour during rush hour traffic.
The Cost of Living
One of the biggest draws of Encinitas is the low cost of living. The median home price in Encinitas is $949,000, which is significantly lower than San Diego’s median home price of $649,900. The cost of living in Encinitas is also much lower than San Diego’s, with a consumer price index of 102.90 compared to San Diego’s 119.20.
Encinitas enjoys beautiful weather year-round, with an average temperature of 70 degrees. The town experiences very little rain, and the summers are relatively mild. If you’re looking for a place to escape the cold winters, Encinitas is definitely worth considering.
Now that we’ve covered some of the basics, let’s take a look at some of the pros of buying property in Old Encinitas.
One of the biggest advantages of living in Encinitas is the small-town feel. The town has a population of just over 60,000, and it feels like everyone knows each other. There’s a strong sense of community, and you’ll never find yourself feeling lonely or isolated.
Another pro is the laid-back lifestyle. If you’re looking for a place to relax and unwind, Encinitas is definitely the place for you. The town is filled with yoga studios, health food stores, and organic cafes. And when you want to hit the beach, you’re never more than a few minutes away.
While there are many pros to buying property in Old Encinitas, there are also a few cons you should consider.
One of the biggest drawbacks is the lack of job opportunities. If you’re looking for a job in San Diego, your best bet is to commute into the city. The bus ride can be quite long, and it’s definitely not ideal if you have children.
Another downside is the high cost of living. As we mentioned earlier, the median home price in Encinitas is $949,000. While this may seem like a bargain compared to other coastal towns in California, it’s still significantly higher than the median home price in San Diego.
So, is buying property in Old Encinitas worth it? We think so! If you’re looking for a charming seaside town with a laid-back lifestyle and beautiful weather, Encinitas should definitely be at the top of your list.