Gee, a $2.2 million house in Noe Valley? So what?
Yesterday Valleywag posted about a house in Noe Valley going to two Google employees for $2.2 million.
The 2500 square foot, 4 bedroom, 3 bathroom house on the corner of Noe and Elizabeth (map) is very nice, sure. And the price is double what it would have been n number of years ago and ten times what it would have been in, say, 1980.
But so what? Is anybody surprised that a great house — and refurbished, too, judging from the pix — in a nice neighborhood is really expensive? And as for Google employees buying it — who else do you think has been propping up the Bay Area real estate market for the last three years?