Yeah but the houses nearby are not that much better, look at this: https://www.redfin.com/CA/Palo-Alto/3561-Park-Blvd-94306/home/1760641 https://www.redfin.com/

Yeah but the houses nearby are not that much better, look at this: https://www.redfin.com/CA/Palo-Alto/3561-Park-Blvd-94306/home/1760641 https://www.redfin.com/CA/Palo-Alto/3561-Park-Blvd-94306/hom... $2.7M for a 100x50 lot and a 4 bedroom? That's mansion money pretty much anywhere. Hell you can even get a nice place in NY for that much.