I will check the Reed Ave SFH tomorrow to check the road noise. Itās very central in Sunnyvale. Close to main arteries (Wolfe, Lawrence) to go either way (101, 280). Large lot may be because of frontal offset and may be useless for future expansion.
What I mean is good locations and good size lots. The home are not in good conditions for many primary seekers or first time owner, except for builders.
If they are not in open house mode, they would have received bid, many rounds of negotiations would be going on behind the scene.
I know this Reed ave, this is traffic road. Sundays, you may not know the traffic, but you need to watch it between 7AM and 9AM Monday. I would not prefer such roads.
Iām not quite familiar with this area so donāt have an answer on this particular property.
In general Redfin pricing algorithms are not perfect. They do not generally have a feel of the quality of the property & also positives or negatives for e.g. in front of elementary school is a negative& Redfin pricing estimate might not reflect that & tend to overshoot or undershoot on pricing.
The more I am reviewing SFH in Santa Clara the more I am realizing how hot Peninsula RE is compared to the Santa Clara RE. Peninsula RE is in its own orbit, disconnected from the push and pulls of the valleyā¦
Redfin and Zillow are never accurate for markets moving upā¦I would never base my valuation on Redfin/Zillow. Can be used as a baseline, but not as gospel.
This house backs up to a school and is right in the path of school drop off queue. You wonāt be able to get in or out of the house in the mornings and afternoons.