And yeah, a $200K house in Michigan is probably about a $2M house in the Bay Area.
And yeah, a $200K house in Michigan is probably about a $2M house in the Bay Area.
In the peninsula, a $2M home just gets you a decent neighborhood. The home itself is meh. House I'm in has never been updated and is from the 1930's. It's about $1.7m. 1000sqft with 400sqft in-law unit. 4000sqft lot.
https://www.zillow.com/homedetails/2833-Tramanto-Dr-San-Carl... (San Carlos - under the radar suburb in the bay area)
https://www.zillow.com/homedetails/811-Longfellow-St-Detroit... (Second most expensive home between 2k-2.7k square feet in detroit)
5 bed, 6 bath, 2900sq ft. $1.6 mil recently renovated, all around, with a private backyard. 1683 Newcomb Ave, San Francisco, CA 94124
It was burned down or something some years back. Previous owners probably took the cash from it going down, sold the rest, moved away, and then someone bought it, rebuilt it, and made a shit load. https://www.google.com/maps/place/1683+Newcomb+Ave,+San+Fran...
No one would own it to live in now. The neighborhood is not good and is why it's priced accordingly. It's an investment/rental property.