1820 Santa Cruz Ave

• High Price per Square Foot: At $1,986.09 per square foot, the property is significantly more expensive than the Menlo Park average, which hovers around $1,600 per square foot. This premium may not be justified for all buyers, even with the recent renovations. • Age of the Property: Built in 1953, the home is relatively old. While the property description mentions updates, potential buyers should anticipate the possibility of needing to address aging infrastructure such as plumbing, electrical, and roofing in the near future. Homes built post 2000 in the area average around $1700/sqft, so there is a price decrease for older homes. • High Estimated Insurance: The estimated annual insurance cost of $14,392.8 is very high. This is likely due to a combination of factors, including the property's location, value, and potential risks (although the climate risk scores are generally low). Buyers should factor this significant expense into their monthly budget. • Air Quality Concerns: The "severe" air quality risk (7/10) and 12 bad air days per year are a significant concern. This could necessitate the purchase of air purifiers and may impact the enjoyment of outdoor spaces. Menlo Park has worse air quality than 73% of other cities in California. • Limited Lot Size: While the 7,140 sqft lot is decent, it is smaller than the average lot size in Menlo Park, which is approximately 10,000 sqft. This could limit expansion possibilities or the feeling of spaciousness.