Cashing out after the pandemic and moving from SF to Sacto?

[Christopher Olsen]

I've been reading a few stories about how Bay Area tech companies may let employees work from home indefinitely even after the pandemic is over, and that may cause a shift in real estate values. Specifically, people would no longer need to live commuting distance to their job in SF or the Silicon Valley, and would be tempted to move out into the central valley where real estate is about half the price, but they could still drive into the office if they really had to.  

Would that mean that things don't look so bleak for selling the house in Sacramento that my brother and I are inheriting this summer? It's a turn-key recently remodeled 3/2, biking distance to downtown and CSUS. All paid off. We'd love to get 450-500k for it. 

Also, might my wife and I be able to snatch up one of those 1m Bay Area condos for cheap because home prices near bay the end up tanking while our house in east Contra Costa county holds steady? Just dreaming.