[AviationGuy]

Originally Posted by dimondpark

Think drug dealers, hookers, burrito/taco trucks, scary cars bumping loud movies all hours of the day and night etc. These 3 homes are in one of the most dangerous areas of Oakland that also happens to be fairly vibrant and walkable(actually lol). The problem with the cost is that these homes are priced at about double or maybe 3 times what they should cost based on the area. These arent areas that are gentrifying or being overrun by techies, no, this is the hood.
https://www.estately.com/listings/info/2606-e-20th-st

https://www.estately.com/listings/info/2011-s-27th-ave

https://www.estately.com/listings/info/2347-e-17th

and this one, dont let the cuteness fool you, this area is **hella** bad.
https://www.estately.com/listings/in...nary-avenue--3

this area? dont even think about it. The house is cute but the neighborhood not. at all. ever.
https://www.estately.com/listings/info/1433-69th

These homes should be in the 200s tops. TOPS.

However, market value is what people are willing to pay. If these houses sell at those high prices, then that's the market value regardless of whether it's a hood. If they don't sell, then the asking prices will come down to a point at which they do sell. This sort of thing makes me scratch my head and think "why would anyone pay that kind of money for this"? But it happens every day, all over the country.