Every week our data and real estate experts seek out the best homes on the market in the Bay Area.
They've even developed a criteria ranking system based on a multitude of factors to aid in their hunt - and so ZeroDown Hot Picks was born.
Hot Pick is where we'll be sharing the best of the best homes, every week, in a variety of categories including Smart Value, Best Upgrades, Green, Restful, Neighborly, and New Build - the criteria and rationale for which you can see below!
A 'Smart Value' home is one that fits a number of the following criteria:
- Located within an area that has seen positive growth in the last three three years in median sale price/sq ft for homes
- Located in an area with the best home price appreciation within the last three, five, or ten years
- Has been recently updated or remodeled, adding value
- Is at the 50th percentile or more of living space on the block
- Has an estimated $ per sq ft sale price that does not exceed the area median by more than 10%
The core idea is this: As a purchase that is also an investment, does this home really make for a smart purchase?
A home with the 'Best Upgrades' is one that fits a number of the following criteria:
- Has been recently remodeled, renovated, or otherwise updated
- Has a recent addition
- Recent renovation work is of high value projects
- Public permit records show high-value work done on the home recently.
The core idea is this: Does this home have improvements that significantly increase the comfort and value of the home?
A 'Green' home is one that fits a number of the following criteria:
- Near transit
- Has solar installation or solar potential
- Has EV charging pre-installed or is located in an EV-friendly area (with large number of nearby EV stations)
- Has energy efficient improvements and/or upgrades
- Is located in a walking- and biking-friendly neighborhood
The core idea is this: For a homebuyer who is concerned with reducing their environmental impact, does this home offer amenities, and is it located in a place that can help the buyer achieve those goals?
A 'Restful' home is one that fits a number of the following criteria:
- Near greenery (trees/parks/trails)
- Located in a quiet neighborhood
- Has a large yard or outdoor space
- Has a large lot size-to-living space ratio
- Has amenities that enhance comfort and restfulness
The core idea is this: Does this home have amenities and is it located in a place that emphasizes peace and quiet?
A 'Neighborly' home is one that fits a number of the following criteria:
- Located in a zip code with a low investor score
- Located in a zip code that is at least 60% owner occupied
- Has a walk score of at least 60
- Has a street-facing porch or deck
- Close to parks, libraries, and other community spaces
- Part of a planned community with common amenities
The core idea is this: Is this home located in an area and does it have access to amenities that make it conducive to a neighborly, civic lifestyle?
A 'New Build' home is one that fits a number of the following criteria:
- Newly built/ constructed
- Has features and amenities that will help "future-proof" the home, such as smart home ecosystems and electric vehicle readiness
- Has a design that is "timeless," i.e. neutral color schemes that offer flexibility for decorating
- Is one of the few or only new build homes for sale in the area
The core idea is this: Is this newly built home move-in ready with features that will keep it a comfortable home for decades?
Check out our latest Hot Pick homes here.