Burned out Home in the Bay Area Costs $800K

300 views · Published 5 July 2018 · 1:34 · Indexed 8 November 2026

Channel: Realtor.com · 2018 · People & Blogs

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It seems completely irrational: The list price of a burned-out, teardown property in San Jose, CA, is $800,000—the going price for a newly built home with five bedrooms, in some other areas. But according to the logic of Silicon Valley real estate right now, it makes sense. Find out why California bay area housing is going for so much and other news. 

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