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Making It in San Diego: Move-in costs are more than double the average in San Diego

Posted: 1:58 PM, Oct 02, 2018
Updated: 2018-10-02 21:25:36Z
Move-in costs double the average in San Diego
Move-in costs double the average in San Diego

SAN DIEGO (KGTV) -- San Diegans could spend nearly $100,000 on one-time costs associated with purchasing a home, according to a new RealEstate.com  report.

The report comes amid steeply rising housing costs throughout San Diego County. The figure includes a down payment, closing costs and move-in projects.

A 15 percent down payment on the median home in San Diego is $87,615, coupled with closing costs, which can add up to more than $7,674 and pre-moving projects, which can cost more than $1,150.

The site estimates that the total one-time cost of buying a home in San Diego is $96,439. The new report means that San Diegans are paying more than double the national average on the one-time costs.

Nationally, homeowners can expect to spend $40,000 on the expenses.

The cheapest city for one-time costs is Cleveland, Ohio, according to Zillow, with costs just over $26,000. The most expensive region was the Los Angeles area at more than $105,000.

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