December 27, 2006 :: Mark Lederer

What Kind of Home Can You Get For $1,000,000?

Wondering what $1,000,000 buys? Forbes online has just posted an article citing that, “One million dollars doesn’t buy very much in the most desirable global property locations”.

Being that I am a San Francisco Bay Area real estate agent who has sold many $1,000,000 Bay Area homes, I beg to differ. Below are some fantastic homes that have recently sold for $1,000,000 or less. Although housing is expensive the media tends to exaggerate and perpetuate misleading market information. I believe that the Bay Area is one of the worlds most desirable locations to live in and you can still get a fantastic home in the Bay Area for $1,000,000 or less. Below are 3 examples of East Bay homes in great neighborhoods that sold in December of 2006 for $1,000,000 or less.

554 Santa Barbara Road - Berkeley

Sales Price: $960,000

Sales Date: December 1, 2006

Click Photos to Enlarge (View Map)