Cirios Verdict: DEAL (Click here for the original Deal or No Deal post)
NOTE: This property is now under contract.
The subject is an architect designed custom home in the Berkeley hills. It has views of the Golden Gate bridge and boasts a basketball court in the back yard. The numerous decks, rare flat outdoor space and mature trees on the lot make this a very desirable property.
The Berkeley Hills are situated north of the University of California-Berkeley campus, and should be considered very desirable. Most of the homes have views of San Francisco and the Golden Gate Bridge, but few have flat lots, like the subject.
Although it may be a bit quirky for some buyers, the flat lot and views should makes it desirable to most. In addition, it is listed below many of the equivalent homes on the market which we think will create an multiple offer situation.
Address: 1305 Campus Dr., Berkeley, CA 94708
Status: PENDING
List Date: 06/05/2009
Current List Price: $759,000
Cirios Value: $780,000
List Price vs. Cirios Value: 2.7% UNDER-listed.
For a complete Cirios Valuation, click here for our CLEAR report, or on the image to the right.
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