Hot Pick Home: 'Smart Value' in the Bay Area - January 11, 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 1/4/2021

392 Sandstone Dr, Fremont CA 94536

Since 2016 the zip code where this four-bed, two-and-a-half bath home in Fremont is located has experienced a higher home price growth than 57% of zip codes in the Bay Area. This suggests there should be steady growth in value in the future. The furnace was replaced and AC was installed in 2014 and the home was recently repainted.

The property is among the 83rd percentile of living space on the block and 83rd percentile as well for number of bedrooms. We expect the final price per square foot will be about 4% above 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.

392 Sandstone Dr, Fremont CA 94536 exterior

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

READ MORE: Hot Pick Home: 'Green' in the Bay Area - January 11, 2021

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Further reading

What Can You Buy for Less Than $750k in The Bay Area Right Now?

This week's property hunt was a fun one - as we set our budget to $750,000 in the Bay Area - which we all know is one of the most expensive real estate markets in the entire country. However, we were very pleasantly surprised to find the five very special properties that we're sharing with you today...

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