Home Buying in Berkeley>Question Details

Renee, Home Buyer in New York, NY

any chance a grad student at berkeley can buy a 2br condo close to public trans less than 250,000?

Asked by Renee, New York, NY Tue Jan 15, 2008

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Somehow, this same 1br 1ba condo changed a listing agent and relisted at $352,000 much higher than $265,000 for some reason as you can see in realtor.com http://www.realtor.com/search/listingdetail.aspx?zp=94704&am…
0 votes Thank Flag Link Thu Apr 24, 2008
I found one asking for $265,000, but I guess you can negotiate ... http://www.realtor.com/search/listingdetail.aspx?ctid=5408&a…

Location wise, it is pretty close to BART as you can click to see ... http://maps.google.com/maps?f=d&hl=en&geocode=&s…
0 votes Thank Flag Link Mon Apr 14, 2008
Hi Renee.
$250K for a 2 bedroom condo in Berkeley or the closest towns, Oakland, Emeryville, El Cerrito or Albany, even in this market, is a pretty tall order. $250K is closer to the 1 bedroom condo price range. It may be possible to find a larger condo closer to your price range in areas that are farther from campus, but still accessible via BART.
Remember to include the monthly Association Dues in your calculations for what you may be able to afford. This can range from $250-$400 a month more.
My office is head quartered in Berkeley. Feel free to contact me for more information.

Eric H Wong
Prudential California Realty
0 votes Thank Flag Link Tue Jan 15, 2008
You may be able to find a deal in downtown Oakland, there has been a lot of new construction and developers are cutting deals. I can send you some listings if you want to check them out.
0 votes Thank Flag Link Tue Jan 15, 2008
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