Back in April of last year, I shared what a million dollar house looked like in Northern California. I normally don’t watch the news but yesterday I did. ABC7 News (San Francisco) aired a story about a red tagged house that is for sale for $830,000 and it has no backyard. The hill the house was built on slid away leaving part of the foundation exposed. The estimated cost to restore the missing hillside is $250,000 on top of any structural repairs to the house. The news story said this house and property with the necessary repairs was a bargain at $1.08 million because the houses in this area sell for a cool $4 million! Anyone interested in the ultimate fixer-upper?
The house I shared last year will now set you back $1,179,000 for 1180 square feet with one bathroom. If you decided to rent, plan on paying $3,950 per month.