Take your typical 3 bedroom 2 bath ranch, in its original condition, clean it nicely and poof, like magic, you turn it into millions of dollars. It was purchased for $28,000 45 years ago. Back then it was expensive. The neighborhood was very quiet and modest, there were cherry and apricot orchards around, in the heart of the Silicon valley. Now the magic word is Cupertino schools. This is the melting pot of the world. Immigrant from India, China, Japan, France, Germany, Finland, Israel, Iran, and many other countries, come to live the American dream. They want to get education, freedom and money. They are willing to pay $140,000 above the asking price for this 1600 s.f. house that has $30,000 termite and foundation damages. Additional $50,000 might be enough for basic remodeling. Yes, you need at least $1,1M to own a modest house in Sunnyvale, Cupertino School District. Last week a nice ranch house was sold with 18 offers and this week a similar house got sold with only 7 offers but the end price was higher. How high can it go?