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 four bed, two-and-a-half-bath home in East Palo Alto is located has experienced a higher home price growth than 83% of zip codes in the Bay Area. This suggests there should be steady growth in value in the future.
The property is in the 80th percentile of living space in the area and is in the 74th percentile for the number of bedrooms in the area. We expect the final price per square foot will be 3% below the median for similar homes 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 home a ZeroDown 'Smart Value' Hot Pick.
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