San Francisco real estate has been hot since November 2011, but it’s even hotter this year. If you’re buying a single family home in San Francisco, the bell curve price range is $800k to $2m. That’ll get you a 2-4 bed, 1-3 bath home. Key variations impacting prices within this range are:
– All original condition vs. remodeled
– All original condition vs. key improvements like kitchens/baths
– Walkability to amenities
– Garage parking for 1-2 cars
For example, you could have a remodeled 3 bed, 3 bath home with sprawling views in Golden Gate Heights for the upper end of that range, but you can’t walk to coffee. If you want to do that from your view home, add about $1m. Or if you want to go from sprawling to panoramic views in Clarendon Heights just East, you have to add almost $1m and you’ll still have to drive to coffee.