Hot Pick Home: 'Smart Value' in the Bay Area - January 25, 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

36720 Niles Blvd, 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 property has a detached studio that could serve as an office or living space for family

The property is among the 90th percentile of living space on the block (70th in the area) and 86th percentile for number of bedrooms on the block (87th in the area). We expect the final price per square foot will be about 4% 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.

36720 Niles Blvd, Fremont, CA 94536

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

READ MORE: Hot Pick Home: 'New Build' in the Bay Area - January 25, 2021

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Further reading

U.S. Weekly Real Estate Update

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U.S. Weekly Real Estate Update

Let's see what's going on with the market this week...

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