San Francisco has become
one of the costliest real estate markets in US. Following the views
of popular realtors, an average cost to buy a home in metropolitan
city two years ago was above $500,000. This has included San
Francisco in the list of extremely expensive metro real estate cities
in the nation after Honolulu and San Jose.
However inside the city,
the cost to buy home varies significantly. The neighbourhoods are
extremely costly than other cities. People living in Presidio Heights
can afford to pay around $550,000 to own a home. On the side, real
estate price in other neighbourhoods varies up to $2,600,000. This
creates a major price difference.
Following is the list of
top 5 very expensive real estate locations to choose for your home:
Presidio heights: If you
have $2.6 million in hand then you can choose to buy a home in
Presidio Heights. It is one of the best locations to live in San
Francisco that ultimately makes it a costly place to own a home.
Forest Hill: it is
located close to city center. Old building constructed in 1912, the
neighboring scenery is a blend of old and new buildings, almost all
are domestic constructions. It is one of sole neighborhoods in the
city that offer own homeowner association. The neighborhood is
popular for its captivating landscaped streets and countryside.
Sea Cliff: Established in
northwestern side of the city, it provides enthralling views of
pacific ocean and Golden Gate Bridge. It is another costly
neighborhood that can be owned at the price up to $1,600,000. The
average price is 3rd highest in the city. In summer season, the price
almost doubles so it is preferred to own a home in median. The
infrastructure includes Spanish mission style to English Tudor.
Marina: Marina is located
along the north coastline at the bottom of the Golden Gate Bridge. It
is one of the most famous locations in San Francisco. The location
gives more variation from the perspective of real estate. There are
several apartments and homes for small to large size of families.
St Francis Wood: It is
established in southwestern part of the city. The extended homes in
the place established on the reasonably large areas, distinction in
place.
A pure homely place where
you cannot find any shop or businesses. Electricity and telephone
lines are dig down. Addition of these factors, make this place one of
the costliest places to buy a home. Median home price varies up to
$1,507,000. It also offers views of captivating fountains and sunken
gardens based on Italian Renaissance style.
To know more about the
above and other residential real estate, find a professional San Francisco Realtor who possesses in depth knowledge of real estate in
the city and can update you with the latest prices of homes. So enjoy
living in this beautiful city but first prepare a heavy budget to
spend on owning a beautiful and luxurious neighborhood.
