Home Buying in Millbrae>Question Details

Al, Home Buyer in 94015

Millbrae location question

Asked by Al, 94015 Thu Jun 26, 2008

Hello, I see some attractive houses on the market in Millbrae near 101 freeway.
Some of them have been for sale for a while.
Millbrae has nice schools and good weather and tend to be expensive housing option.
Why is the area near 101 freeway less expensive than near 280 freeway?
Is it because of neighborhood or airport noise?

Please advise.

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Hi Al, what were your thoughts on this location? Is it worth looking at? By the way, address 302 is listed for $475K at this moment. http://www.realtor.com/realestateandhomes-detail/302-Roblar-…
0 votes Thank Flag Link Sat Feb 14, 2009
I like Millbrae a lot.

I had a client that looked at a condo off of 101 in Burlingame. He loved the condo. We went out on the deck
which overlooked the freeway and we could not here each other talked. He was convinced he was going to buy it, up until that point.
0 votes Thank Flag Link Tue Aug 19, 2008
Hi Al,
The market value for the house is somewhere in the range of $700,000 to $780,000. Overall, even in Millbrae, there is a downward pressure on prices (possibly summer will slow it down or possibly reverse for a short while). Listing is an invitation for offers. Make your offer and see what happens. You have nothing to loose. Possibly, the Seller has to sell urgently and this will increase your chances for a low price. Good luck.
Web Reference: http://www.cimpler.com
0 votes Thank Flag Link Sat Jun 28, 2008
ARTUR URBANS…, Real Estate Pro in Burlingame, CA
MVP'08
Contact
hi Al,
The best thing to do is have your agent run comps. for the neighborhood.
Please let me know if you need any assistance :o) good luck - mary molinari coldwell banker
Web Reference: http://www.marymolinari.com
0 votes Thank Flag Link Thu Jun 26, 2008
Thank you all for the answers.

I will be looking at one property in Millbrae located
at; 307 ROBLAR AV, Millbrae, CA 94030**
its listed at 750k.
Do you think we have a chance to get this house below asking price at 720k maybe?
0 votes Thank Flag Link Thu Jun 26, 2008
Aside from the airport noise, the specific neighborhood is also close to the 101 freeway and Caltrain train tracks. The area also has more potential for flooding and liquefaction. Given these facts, I will always recommend clients to look for homes on the west side of El Camino Real first.

Have a great day!

Alan Tang (Realtor and Millbrae Resident)
Web Reference: http://www.AgentAlan.com
0 votes Thank Flag Link Thu Jun 26, 2008
hi Al,
good question
- I have to agree with Artur - it is the same for the entire Peninsula.
Just to add a thought the homes located along the 280 corridor typically are larger homes on larger lots and some have views. Whereas, the homes along 101 are smaller homes, closer to industrial / commercial areas, the train tracks and yes, the airport noise is a big factor as well.

However, you are a hop, skip and a jump from downtown Millbrae, the bart station etc..
Hope this information helps :o) thanks mary molinari - coldwell banker
Web Reference: http://www.marymolinari.com
0 votes Thank Flag Link Thu Jun 26, 2008
Hi Al,

This is the same for the entire Peninsula. Properties closer to 101 are less expensive, and as you move West and up the hill they become more expensive. 101 traffic is definitely one of explanations. The proximity of the airport and noise it generates definitely contributes as well. The values in Millbrae stayed high during the current crisis and good schools, especially Mills High School (the best public HS in SM County) have a lot to do with it as well.
Web Reference: http://www.cimpler.com
0 votes Thank Flag Link Thu Jun 26, 2008
ARTUR URBANS…, Real Estate Pro in Burlingame, CA
MVP'08
Contact
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