One Million and Counting: Finding Your Affordable Home in San Francisco

 With the continued success of real estate in the San Francisco market many people are wondering how much home does $1,000,000 get you in San Francisco today?

Finding Your Affordable Home in San FranciscoFinding your affordable home in San Francisco is not without its challenges. By Comparing three neighborhoods with diverse housing to show the types of housing available, there is some good news and some bad news….

For example: Noe Valley like many other San Francisco neighborhoods was originally developed as a working-class neighborhood. Over the years, Noe Valley has undergone gentrification and is now considered a fashionable address, and is currently home to many young professional couples with children. In March, a Noe Valley 2-bedroom, 2-bath condo with 1600 square feet on Grandview sold for 1,160,000.

The Financial District is home to numerous corporate headquarters, including Fortune 500 companies. It is also home for professionals who enjoy the luxury condo lifestyle such as the Millennium Towers, 1-bedroom, 1-bath house with approximately 833 square feet that sold in March for $1,160,000.

One of San Francisco’s original “Seven Hills,” Russian Hill is in the heart of the city yet maintains a secluded feel. It is sought after for its location that is within walking distance to the famous sight seeing neighborhoods of North Beach, Fisherman’s Wharf, Cow Hollow, the Marina, and Chestnut Street. Russian Hill is most famous for the twisting turns of Lombard Street. Russian Hill offers many living and lifestyle options including a nicely renovated 2-bedroom, 1-bath, 1200 square feet condo on Francisco near Polk sold in March for $1,050,000.

This real estate market is moving fast. It takes consistent attention to find the hidden gems especially at the one million dollar mark.  There are hidden gems even in this market if you know where to look!

If you’re looking for a home in the San Francisco are, please feel free to contact me:

Gary Belk

567 Sutter St., 3rd Fl
San Francisco, CA 94102
Neighborhood: Union Square
(415) 762-2006