766 UNIVERSITY AVENUE, PALO ALTO
2 bed / 2 bath / 1,368 square feet
Today's broker's tour saw a lot of properties hitting the Palo Alto market, but none in the top quartile (currently with a median price hovering around $3,900,000), which are usually the "no brainers" to post for the real estate fanatics reading this blog. It was kind of nice to sit back and think about which properties stood out in the other market segments.
So let's start with this unit. When dealing with condominium complexes, it's important to see how the unit placement can positively or negatively affect the property. Here we have the perfect trifecta of condominium design: one level, first floor and sharing only one common wall. This allows easy access for everybody from toddlers to the elderly. Also, because there is only one common wall, you have incrementally more light exposure than you would otherwise, allowing for a bright and cheery interior.
As soon as you step through the front door, another plus becomes apparent: this condo is large. Take a look at the scale of the master bedroom above...it is very rare to find a condominium that offers the amount of space that this one does. The living area in the front is big enough to hold multiple living spaces in one room, and the secondary bedroom is also comfortably sized.
In terms of upgrades, much of this unit has been newly renovated. You have recently refinished hardwood floors throughout, new paint, and an absolutely brand new kitchen featuring granite counters and stainless steel appliances. The condo also comes with a private back patio (see above) and an assigned parking space in a garage.
Listed by Intero Real Estate Services for $769,950
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