Hot Pick Home: 'Smart Value' in the Bay Area - March 22, 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 3/22/2021

419 Camberly Way, Redwood City, CA 94061

Since 2016 the zip code where this four-bed, two-and-a-half bath home in Redwood City is located has experienced a higher home price growth than 67% of zip codes in the Bay Area. The neighborhood has appreciated at +16.51% over the last 5 years. This suggests there should be steady growth in value in the future.

The property is in the 69th percentile of living space on the block and 79th percentile in the area. We expect the final price per square foot will be 2.5% below the median for similar homes nearby. This combination of historical price appreciation in the zip code and neighborhood, and expected sale price per square foot makes this a ZeroDown 'Smart Value' Hot Pick.

Study area with lots of shelves, a ladder, and desk

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

READ MORE: Hot Pick Home: 'Best Upgrades' in the Bay Area - March 22, 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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