35536 Provance Street, Newark: A Move-In-Ready Gem in the Heart of the Bay Area

35536 Provance Street: Discover Your Dream Home in Newark

Nestled in one of Newark’s most sought-after neighborhoods, 35536 Provance Street offers the perfect blend of comfort, convenience, and charm. This beautifully updated single-family home boasts three spacious bedrooms, two remodeled bathrooms, and a wealth of modern features that make it an exceptional investment for the discerning buyer. With a listing price of $1,150,000, this home is competitively positioned in the market, offering unparalleled value compared to similar properties in the area.

Exceptional Features That Stand Out

Built in 1960 and thoughtfully updated, this one-story ranch-style home spans 1,541 square feet of living space on a generous 6,060 square-foot lot. Inside, the home offers:

• Modernized Kitchen: Featuring updated cabinetry, stainless steel appliances, and a clean, functional layout that makes meal preparation a breeze.
• Two Inviting Fireplaces: Perfect for cozy evenings in the family and living rooms.
• Energy Efficiency: Central air conditioning and ceiling fans in every room ensure year-round comfort.
• Stylish Flooring: Beautiful laminate floors add a touch of modern elegance throughout the home.

The exterior complements the interior charm with front and back yards, perfect for relaxation or outdoor entertaining. The home also comes equipped with an attached two-car garage, offering ample storage and convenience.

Link to the Listing:

https://www.RealtorHarvinder.com/CA/Newark/24-41081640-35536-Provance_St–94560

Competitive Market Analysis: Justifying the Price

The asking price of $1,150,000 is well-aligned with the current real estate market in Newark. Recent comparable sales (CMA) highlight the value this property offers:

1. Higher RVM® Confidence Value: as of 01/23/25 with an RVM® of $1,426,540, this home is priced at 81% of its estimated value, presenting a fantastic opportunity for buyers.
2. Competitive Square Footage Price: At approximately $746 per square foot, this property is attractively priced compared to similar homes in the area, where the average ranges from $800 to $1,000 per square foot.
3. Comparable Properties:
   • A home on 6598 Picardy Place with less living space (1,100 sq ft) is listed at $1,349,999.
   • Another property at 36469 Bridgepointe Drive, boasting four bedrooms, recently sold for $1,820,000.

The blend of competitive pricing, desirable upgrades, and an excellent location positions 35536 Provance Street as one of Newark’s best opportunities for homebuyers in early 2025.

The Newark Market: A Strong Seller’s Market

Newark continues to thrive as a seller’s market, with homes selling quickly and often above asking price. With a median sold price of $1,240,000 as of December 2024, the market trends indicate consistent growth and demand for well-maintained homes like this one. This property not only offers immediate livability but also promises long-term appreciation potential.

Why This Home is the Right Choice

Whether you’re a family looking for a forever home or an investor seeking a solid asset, 35536 Provance Street delivers:

• A charming, move-in-ready property in a prime Newark location.
• Strong appreciation potential in a thriving Bay Area market.
• Proximity to top schools, shopping, and commuter hubs.

Don’t miss this incredible opportunity to start the new year in the home of your dreams. Schedule a private tour today and see why this property is the perfect match for your lifestyle and investment goals.

For more information, contact Harvinder Balu, your trusted REALTOR® in the Bay Area. Let’s make this house your home!