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Because it's the land that drives value in the Bay Area. I suppose you can use some weighted combination of lot and house, but I haven't seen common and simple

Because it's the land that drives value in the Bay Area. I suppose you can use some weighted combination of lot and house, but I haven't seen common and simple valuation metrics there.

vdqtp3 5y ago
> Because it's the land that drives value in the Bay Area. I'd say that's kind of their point.
refurb 5y ago
Land is 50-60% of the total value in the Bay Area. You can’t ignore the other 40-50%.