Hot Pick Home: 'Smart Value' in the Bay Area - March 1, 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 3/1/2021

3227 Storer Ave, Oakland, CA 94619

Since 2016 the zip code where this three-bed, two-bath home in Oakland is located has experienced a higher home price growth than 85% 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 on the block and 76th in the area.  We expect the final price per square foot will be more than 10% 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 a ZeroDown 'Smart Value' Hot Pick.

Interior shot of a light wood kitchen with black countertops

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

READ MORE: Hot Pick Home: 'Green' in the Bay Area - March 1, 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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