I know listing price means nothing, but still…
https://www.redfin.com/CA/San-Francisco/4250-26th-St-94131/home/1283373
2.3M buys you something like this:
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Way overpriced. Here’s a brand new fixed up house in Noe sold for the same price:
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The Castro house is cheap! What’s the story?
This is the going rate. Here’s another fixed up house sold for $2.2M only. That fixer is way overpriced…
Maybe the plan for the 2.3M fixer is to tear it down and build a 4M modern house?
Yes, they will have to do that to make money.