Does this home make for a smart purchase? Based on this criteria, and the points below, we believe so!
Since 2016 the zip code where this four-bed, four-bath ranch style home in San Leandro is located has experienced a higher home price growth than 84% of zip codes in the Bay Area. This suggests there should be steady growth in value in the future.
While the property is in the 55th percentile of living space on the block, it is in the 78th percentile for the number of bedrooms on the block, and in the 60th percentile for lot size. We expect the final price per square foot will be at least 10% below the median for similar properties nearby. This combination of historical price appreciation in the zip code, the size relative to other homes in the area, and expected sale price per square foot makes this a ZeroDown 'Smart Value' Hot Pick.
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Once all buyer/seller contingencies are met, a home moves to a Pending Sale stage. Such a home is no longer considered to be an active listing and remains in such a state till all legal paperwork is completed. This is the final stage of sale, after the completion of which, the home is sold/bought.
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