Flipping a house in Noe Valley seems to be the most biggest trend I have seen this year! There are plenty of qualified buyers looking for a luxury home close to the tech shuttle stops. As seen just this past week this trend does not seem to be ending anytime soon. Look at the house at 1829 Church Street that was listed for $895,000 and closed this week for $1,425,000. This house is a major fixer but one that had great potential. It is a 4 bedroom, 2 bath, 1,575 square foot house that sits on a 3,123 square foot lot and is located in one of the trendiest areas.
Just this week a remodeled house at 1774 Church sold over asking within two weeks and closed at $2,950,000 paid in cash. A year ago that house sold as a fixer for $1,450,000 and went from a 3 bedroom, 1.5 bath 2640 square foot home to a 4 bedroom, 4.5 bath, 3,450 square foot house with views! Are you noticing a trend here?
If you are looking for opportunities like this please let me know!