Hot Pick Home: 'Smart Value' in the Bay Area - April 12, 2021

Does this home make for a smart purchase? Based on this criteria, and the points below, we believe so!

This is ZeroDown’s Hot Pick Home: 'Smart Value' in the Bay Area - week of 4/12/2021

2192 Euclid Avenue, Redwood City, CA 94061

Since 2016 the neighborhood where this three-bed, two bath home in Redwood City is located has experienced a higher home price growth than for the city. The neighborhood has appreciated over the last five years at +43.00% v. +18.42% for the city. This suggests there should be steady growth in value in the future.

The property is in the 63rd percentile of living space on the block and 71st percentile in the area, and has seen a number of recent renovations and improvements over the past few years, including kitchen and bathroom remodels .  We expect the final price per square foot will be 3.4% below the median for similar homes nearby. This combination of historical price appreciation in the neighborhood, size of the home relative to the surrounding homes, recent improvements, and expected sale price per square foot  makes this a ZeroDown 'Smart Value' Hot Pick.

Backyard of a grey bungalow style house with green grass, red wood fencing, and garden furniture

Check out more of this awesome, smart value home through this virtual home tour:

READ MORE: Hot Pick Home: 'Best Upgrades' in the Bay Area - April 12, 2021

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