Does this home make for a smart purchase? Based on this criteria, and the points below, we believe so!
Since 2016, median sale prices per square foot have risen by 24% in the zip code where this four bed, three half bath home in Santa Clara is located. This suggests there should be steady growth in value in the future, helped along by the updated kitchen.
The property is among the 93rd percentile of living space on the block (and 83rd in the area) and 85th percentile for a number of bedrooms (89th for the area). We expect the final price per square foot will be 12% below the median for similar properties nearby. This combination of historical price appreciation in the zip code, updates, the size relative to other homes in the area, and expected sale price per square foot makes this a ZeroDown “Smart Value” Hot Pick.
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