Mike Frey San Diego Realtor

Homebuyers Knowledge Page

Purchasing a house in San Diego is an exciting journey, and your new life begins the moment you move in. I love San Diego, and I hope you come to love it as much as I do. To help you transition smoothly into your new home, here are some upcoming costs you might incur, so you can budget for them effectively:

  1. Property Taxes: San Diego property taxes can vary, but they typically range around 1.23% of the home’s assessed value. Be sure to account for this in your annual budget.

  2. Supplemental Property Tax. You will receive it within the first 12 months of living in San Diego. (Only once)
    • The videos below will explain what it is, and how to pay it. 

Additional Cost to Consider and Budget For.

Homeowners Insurance: Protecting your new investment is crucial. Homeowners insurance in San Diego usually costs between $2,000 and $5,500 per year, depending on the coverage you choose. Check out my Home Insurance page for some contacts.

Utilities: Water, gas, electricity, and trash collection are essential services. On average, you might spend about $200 to $500 per month, depending on your usage and the size of your home. The cost of water continues to rise in San Diego, here is an explanation of how to read your bill. 

HOA Fees: If your new home is in a community with a Homeowners Association, be prepared for monthly or annual fees. These can range from $100 to $400 per month, depending on the amenities and services provided.

Maintenance and Repairs: Regular maintenance is key to keeping your home in good shape. Setting aside about 1% of your home’s value annually for repairs and upkeep is a good rule of thumb.

Landscaping: If you have a yard, you might want to invest in landscaping. Monthly maintenance can cost anywhere from $50 to $200, depending on the size of your property and the services you require. Or, you can do it yourself. It is a great way to get the family involved with the Pride of Ownership of the Family House.  (Get everybody involved and go to the local nursery like Armstrong Garden Center. Have the kids pick out the flowers they like. You may see some kids have a natural “Green Thumb”

Pest Control: San Diego’s warm climate can attract pests. Routine pest control services typically cost around $75 to $100 per quarter. OR you can take care of this yourself. Just stop by Home Depot or Ace Hardware, they will tell you how to prevent pest problems. (Simple stuff, there is no Magic to it.)   

Alarm Company: You may want to purchase an alarm monitoring contract. I like ADT, but Costco has SimpliSafe, it’s cheaper and looks good. Something to check out. At a minimum, you should have a “Critter Cam” set up near your car or backyard. Sure, you may not catch a criminal in the act. But you may get a Racoon taking a Selfie?  Always Fun. 

How to Read Your Water Meter In San Diego

Make sure to check your water meter. The city makes mistakes from time to time. You can double-check by reading your water meter. Here is more information about how to read the bill. 

How to Read Your Electric Bill in San Diego

SDGE  San Diego Gas and Electric.

Do you need Solar? I do recommend Solar if your bill is below $300. Be careful, Solar is a Big business, the salespeople may not tell you the true cost. 

  • Non-nettable charges (not eligible to be offset from your Solar Generation) 
  • Delivery Import Charges. Includes, billing and Customer Care costs from SDGE
  • Generation Import Charges. What you used.
  • Electricity Export. How much do you send to the grid.
  • Delivery Credits (They don’t pay much)
  • Generation Credits. (They don’t pay much)
  • Total Electric Service is what you pay.
  • Learn about Forecasted True Up to figure out if Solar is worth the cost.

If you want solar, I recommend contacting Costco. They vet the contractors and offer an additional rebate as being a Costco member.  

Is there a Natural Gas pipeline close by?

You can check this website and explore. What Petro chemicals are underground nearby?

Remember Disclosures are in your Natural Hazards and Disclosure.

If you have a HOA (Home Owners Association)

This is NOT Legal advice, I am not a lawyer. I always recommend talking to a professional. I am posting these videos, because I liked them, and it may get you started looking for answers.  

  • Bad HOA?  Here is a YouTube/webinar from Adams Sterling Professional Law (800) 464-2817. (I have no affiliation, just thought they had a good webinar, enjoy)
  • The Davis-Stirling Common Interest Development Act, also known as the Davis-Stirling Act, is a body of law that governs California condominium, cooperative, and planned development communities, known as common interest developments, regardless of when they were developedAct does not apply to commercial and industrial common interest development.
Furniture and Patio Vendors

Furnishings and Appliances: Moving into a new home often means buying new furniture and appliances. Plan a budget based on your needs and preferences.

Places to check out:

Subzero-wolf Appliances 655 Anton Blvd Costa Mesa. CA 92626  Call  657-269-5874

  • Pacific Sales, (Now owned by Best Buy) San Diego, 7069 Consolidated Way, SD. 92121  858-684-3660  Map

Aztec Appliances Discounted appliances (Budget Friendly) 

Don’t forget Costco. The pricing is worth the membership fee. And you can get a $1.50 hotdog and drink while you’re there.  

Outdoor Furniture

Patio Productions. Very Friendly place. They may offer you a beer for free while you shop. 2161 Hancock St. San Diego 92110  (888) 947-4449

Again Costco, they have everything at a great price. 

By anticipating these costs, you can better prepare for your new life in San Diego and enjoy your beautiful new home without any surprises. If you have any questions or need further assistance, don’t hesitate to reach out.

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