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 five-bed, two-and-a-half bath home in Napa is located has experienced a higher home price growth than 96% of zip codes in the Bay Area. The estimated price appreciation over the last 3 years is 11.3%. This suggests there should be steady growth in value in the future.
The property is in the 88th percentile of living space on the block and 97th percentile in the area, and has seen recent upgrades including a fully renovated second unit, which could provide a rental income opportunity. The combination of historical price appreciation, size of the home relative to the surrounding homes, and recent updates makes this a ZeroDown 'Smart Value' Hot Pick.
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