Temecula #2 on The Safest City To Live In the Nation!

By
Real Estate Agent with Allison James Estates & Homes 01079287

When my dear Friend sent me this link I was really impressed. I started coming to Temecula in 1993 for the Paint Horse Shows held here. At first the name really got me. Temecula like Dracula? What kind of name is that? Pronounced Ta-Mec-U-la not Temy-Kula! The vineyards stretched for miles winery offering tastings of their latest production. Hot air balloons coloring the morning sky. And old town Temecula with it's rich cowboy wild west heritage. And the convenience one hour to the beach, or to the sky resorts of Big Bear. I loved everything about Temecula and noted if I ever got the chance that is where I would want to live!

Well it just so happened my then husband took an early retirement and in 2002 my dream came true, we bought and moved to Temecula. And so did about 50,000 other people. Tracks were springing up faster than the grape vines. And with the growth came the crash in 2007. And with the crash came more people wanting to raise their families in this safe beautiful oasis.

Temecula has become a bedroom community for San Diego and Orange Counties. The homes are predominately built in the last 10-15 years. The HOA's offer great amenities geared toward families. Sports parks are the best and the schools are the best. Who wouldn't want to live here?

This came on an appraisal, I think it gives a great history of Temecula from then to now.

Through the mid-1960's the economy of the Temecula Valley centered around cattle business and agriculture. The last years
of the 1960's and early 70's witnessed the beginnings of dramatic change in the Temecula Valley. Engineers, contractors,
heavy-equipment operators and real estate agents quickly edged out the cowboys and Indians as the main customers at the
local establishments. Pickup trucks, towing horse trailers, trucks hauling cattle and tractors rigged with farm implements
were replaced by cement mixers, lumber trucks and industrial grading equipment. Sales activity switched from cattle, hay
and grain to subdivided real estate acreage.
The Kaiser Land Development Company marketed the valley's attractions actively. Soon, the area became known as
Rancho California. Many land sales were accomplished by means of limited partnership syndication, which helped to
spread awareness of the area. One side effect of this high-profile development was a second tier real estate boom in land
suitable for avocado groves and grape vineyards on the east side of the valley. The value of plant able land skyrocketed.
The late '70s brought changes to some of the original Old West sites. The Long Branch Saloon was converted into a
meeting house, while the Stables Bar became the site for retail stores. Although the Swing Inn remained, new restaurants
began to open.
The I-15 corridor between Los Angeles County and San Diego was completed in the early 1980's and the subdivision land
boom began. When Rancho California incorporated in December, 1989, the citizens voted to officially name their city
"Temecula". Since then, the community has experienced tremendous growth in population as buyers were attracted to the
relatively lower pricing of housing, and the ability to commute to either San Diego or Riverside employment districts.
The Wolf Creek community is made up of tracts by different builders, some of which are still in construction, and is located
near the Pechanga Casino - Indian gaming casinos have become large employment centers and business establishments
over the past decade.

 

 

Tere Rice Realtor*
Certified Short Sale Negotiator Equator, ePro, SFR, Buyers Agent
 DRE #01079287
Allison James Estates And Homes
POB 1362
Temecula, Ca. 92593
cell 951-693-0093
e-fax 951-271-9099
M-F -Weekends by appointment
school distrct for Temecula
Get Loan Approval Today!

 

 

 

Posted by

Realtor simple guideline to guesstimate a Homes values! Comparing apples with oranges? How to set values for embellishments? Do you think the old adage of Value equals Location, Location, Location, is true? Views, Pools, special interest additions can add desirability, and then Granite Counters, Travertine flooring, condition, square footage and any embellishments, upgrades, updates you can add to a property is worth 60-70% of the cost. This value will also be depreciated over time. Example would you consider if a twenty year old solid oak cabinette's
value even in good condition is equal in value to cabinets in the newer current color, or are they? Objective would be desirability.

Location is the basis for value. Like Homes within a one mile radius share values, and can be evaluated by sales per square foot within the last 3+ months. Pulses

Comments (0)

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?