What Does $1M Buy These Days?June 22, 2009
We were curious what type of representatives a search like this would yield, so we scoured the city for single family homes listed in the $950,000 to $1,000,000 range and generated a list. The search results serve as a sampling of what one million dollars looks like in the form of four walls and a roof– at least here in San Francisco.
Things we noticed from this list include:
- Location is everything. As you move to less desirable areas, you get more house for your money. No surprises here.
- Want more square feet for your buck? You’ll find it in the Avenues. This leads us to believe the old rule of thumb still holds true: it costs less to live in the fog.
- The least expensive home on a dollar per square foot basis is 117 Broad Street, an old firehouse in Oceanview that has been converted into a single family home. It boasts ~4,000 square feet, which puts it at $250/foot.
- The most expensive home on a dollar per square foot basis is 27 Fresno. This little home is just off of Columbus and Broadway, in Telegraph Hill. It features ~857 square feet, which puts it at $1,184/foot.
- The average size for a home in the $1M range is 1,888 square feet. That would be about $578/foot.
- The average bed/bath count for a home in the $1M range is 3 bedrooms and 2.15 baths.
- Many of the homes in the million dollar range need some work and don’t necessarily pack any “wow” factor.
- Click the bold address for details on any property.
To view the list, continue reading –>
For more articles about public listings, click HERE.