San Mateo Teardown Home Listed for $1.2 Million

Home sales have been slowing down in the Bay Area for months, but there is a house on the Peninsula that suggests the market may still be too hot for many of us. Ian Cull reports.

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[mrs.america]

That's not a home, that's a crime scene.

[kaiw]

Here’s the thing: the whole Bay Area built very few new homes. Supply and demand. This price is insane but it’s just the symptom of the cancer (NIMBY-ism)

[jasontomica]

The house is worth the toilet paper roll I used this morning!!!

[bldmyamean]

Notice he says. "From what you can see looks ok".

[JesgateOnDown]

Its not a "home" unless you can live in it. You can't. That means it's a lot for sale that comes with a lot of garbage.

[nejo]

1.2 million for a garbage home!😳 Not even worth the price! It's going to cost about $200, 000-$300, 000 just to remodel the whole house.

[cynthiacler]

Doesn't matter what the house looks like, all the matters is location, location, location.

[onesfuture]

Why are all these annalist on the news ALWAYS from Zillow? Zillow is a massive part of the problem.

[jasontomica]

It's not the house ur Paying for, it's the land!!!!

[Bpepper]

Solar Powered Tesla Homes for 10k looking real attractive right now

[carmenfarine]

Ridiculous for that amount u can find something livable

[nathanielaustin]

They crazy no wonder there's so much homelessness in California.

[fresco]

Str8 bullshit . This should be criminal. I grew up around that area and the housing prices are ridiculous

[samael]

I have a bag of chicken bones for sale only asking $1000.00.

[Shaddow]

This reporting is useless ….you guys have nothing else to report on ?

[thebookkeeper]

In that case I rather buy the lot than the house. The house itself is trash, location overrated. Land has value over the shack.

[e.tezani]

It's okay I bid 2.3 million on it

[sanfs]

Good luck getting that price! Now day.

[tracer]

The fair price for this house is max 10k

[ismaefuentes]

I bet all these cities would be amazing if rent and homing was more affordable. Sure homeless and drug addicts would still exist some shit you just can’t help. But for the people who just had bad luck and got evicted or kicked out that still try.