Scripps Ranch is a wonderful place to live and to invest. With its convenient location to I-15, yet close proximity to Miramar lake and open space, Scripps is coined “country living” and I might add, at it’s finest. Scripps Ranch attracts many walks of life, with the majority of folks calling it “home” for many years. Because of this, Scripps Ranch has a high owner occupancy which contributes to the evident pride of ownership within it’s communities as well as property values. 86.7% of homes in Scripps Ranch are owner occupied. In contrast, only 10.1% are rentals. The median home price, as of August 2014, in Scripps Ranch is $579,300. This is compared to $437,300 for San Diego County. Appreciation is also up in Scripps Ranch to 18%, compared to the National average which is 4.9%. Rents remain strong and demand high for real estate in both new and old Scripps. Scripps Ranch has all the ingredients for a solid real estate investment.
If you have been contemplating investing in San Diego real estate, give me a call today. I can help you decide if Scripps Ranch, or other nearby areas of San Diego, are right for you.
Tami McCraw
