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.
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.
Have a great day!
Alan Tang (Realtor and Millbrae Resident)
- 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
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.