Neighborhoods in San Francisco with the Best Weather

If you’re new to San Francisco, then it’s important to be aware that our city has a variety of microclimates. One minute you can be driving around with the top down, sweating, and the next you’re turning on the seat warmers. If you’re considering purchasing a home here and are particularly weather sensitive, it’s important to know which neighborhoods tend to have the most favorable climates.

Of course, San Francisco has citywide fog and wind no matter where you go. But some areas have longer periods of time during a given day when the sun shines and the wind is at a minimum. So here’s a quick rundown:

Bernal Heights. Make a good garden space a priority in Bernal, because you’ll be able to spend a lot of time enjoying it. And the Cortland retail strip is usually pretty hoppin’ because you can wander in and out of the shops and restaurants and not have to keep zipping and unzipping your jacket.

The Mission and Mission Dolores. Bernal’s neighbor is the Mission, which also shares in the weather fun. The nice part about the Mission is that there are scattered restaurant and shops throughout the neighborhood, and you can bike or walk pretty easily. If your commute involves walking to BART at either 16th/24th and Mission, your morning and evening strolls will probably not find you confronting driving winds.

Noe Valley. I live in the part of Noe that’s defined as “Upper Noe”—the area bordered by Guerrero, Cesar Chavez, 30th Street, and up as far as Diamond. For the most part, you can avoid the high winds in Noe, but it does depend on how into the “valley” part you are. Most days when I walk my dogs in the late afternoon, I’m wearing sunglasses and have a light jacket on. However, up there in Diamond Heights, the fog hangs thick. And when I drive down, say, Clipper, from Portola in the Twin Peaks area, I typically experience a transition from no sun and heavy fog to sun. There’s a notable difference every time.

South Beach. Located right off The Bay, South Beach is blessed with lots of sun most of the time. This is conducive to a very desirable, urban lifestyle that involves walks to the Ferry Building, runs along the Embarcadero, and Giants games.

South of Market. The blocks are long in SoMa, but that’s okay because if you’re running, biking or walking, you’re not being blown into traffic. The neighborhood is always developing, and it’s definitely the most urban area in this list. But having good weather is key to enjoying those shared rooftop decks that pervade SoMa living.

Mission Bay. This is the newest area in San Francisco, and it’s still developing. Amenities like Mission Creek Park, the ballpark, and outdoor dining at places like Kelly’s Mission Rock are all available. What I like about Mission Bay is that developers are making sure to take advantage of the on-the-Bay setting by incorporating as many deeded outdoor spaces as they can—and roof decks.

Potrero Hill and Dogpatch. Potrero is a well-established neighborhood offering a mix of residential and industrial properties, and Dogpatch (a.k.a. the Central Waterfront) has truly been transformed over the past decade into a hub for local businesses, restaurants, wine bars and the like. The new T Muni line connects Dogpatch to downtown, and the freeways are extremely convenient to access.

Presidio Terrace, Bernal Homes Sell at Heavily Reduced Prices

One is a multi-million dollar 5BR home in a gated enclave in Presidio Heights, the other is a sub-$1M house on the edge of Bernal Heights that could use updating. Two worlds collided last week when these respective sales were reported—good examples of price flexibility in today’s market.

28 Presidio Terrace, above, was initially listed at $5,395,000. The home had 6,500+ square feet, an elevator to all floors, a pool table room and a park-like setting. By June, the price had been reduced to $4.6M. Final all-cash selling price: $4.4M. (Reported price was $4,287,000, but the buyer’s agent apparently waived commission. But that’s a whole other story.)

On the other end of town is 44 Crescent:

The 2BR/2BA south Bernal home was listed in April for a whoppin’ $849,000, and was down to a more palatable $749,000 earlier this month. Final price? $660,000.

So buyers, if you like a property out there that may seem way beyond your budget—stick with it. You never know what’s possible. And sellers, best strategy is to price your house realistically. It’ll cut to the chase more quickly and you can move on.

Ultra-Modern Bernal Home Sells, Kicking and Screaming

Remember 210 Holladay, on the east slope of Bernal Heights? The 2300-square foot, 3BR/3.5BA contemporary home came on the market in September 2009, listed at $1,395,000. And it was downhill from there on the pricing.

The price was reduced four times until it reached $1,175,000 this month. That number apparently tempted buyers to write an offer, and the sale closed at $1,087,500 last week. Not bad for this level of housing, though Holladay is parallel to Hwy 101, and is probably in one of the least desirable locations in Bernal. And you know what they say about location, location, location. Yeah, it counts for a lot.

What the Median Price Will Buy You in San Francisco: House Edition

I’ve been enjoying the “median price” series of On the Block blog posts, so I thought I’d create a San Francisco version.

The median price for the 273 single-family homes sold since April 1st is $775,000. And there are 281 houses currently listed for up to that price. Here are three of them, ripe for the picking:

The first is a 2BR/1BA with an unwarranted studio in-law at 2122 47th Avenue. I sold a house in this Outer Parkside neighborhood last year that was two blocks from this property, and I can vouch for the excellent beach and park proximity. The home appears to be in nice condition, and is listed at what I believe is a very reasonable $628,000 price. It’s been on the market for about two weeks.

We move on to 1351 Plymouth,a 2BR/1BA 1920s home in Westwood Park listed at $685,000. There’s a sunroom, living room with fireplace, and a bonus room/bath down. You’re very close to Ocean Avenue and BART/Muni stations, and the house has an 88 Walk Score. There have been two price reductions since the property came on the market at $728,000 in mid March.

I blogged about 271 Nevada when it first came on the market back in February:

The one-bedroom cottage is very appealing, but it’s less than 1,000 square feet, which may explain why there is a limited buyer pool. The sellers came on at $749,000 and haven’t moved to reduce the price. But this is probably because they paid $790,000 in 2007 and may not be able to afford to sell for less than their list price. There’s a lot of that going on these days.

"Aggressive Dog" Guards Bernal Heights 1BR Cottage

Easy on the eyes—but not easy to show due to the aggressive dog lurking within, according to the listing agent—271 Nevada is an appealing home. The Craftsman cottage has 875 square feet and features softwood floors, wainscoting, a formal entry foyer, and rare for Bernal Heights, two-car parking and storage.

The kitchen and bedroom have Bay/East Bay views, and there’s also a nice deck and garden. Personally, I’m charmed by the dining area:

The $749,000 price tag translates into $856 per square foot (the average for Bernal since September 2009 is $537/sq foot). But we’re not talking about new construction here; I’m not entirely confident in sellers’ square footage estimates–particularly when you’re talking about neighborhoods with homes built in the Victorian era. So let’s put the square footage factor on the backburner.

There are ten other single-family homes on the market in Bernal, most of which are larger. And all have at least two bedrooms. Nevada was sold for $790,000 in 2007, so nobody’s flying high with the current list price. I think you have to add value to the fact that you’ve got a detached, single-family home in a desirable neighborhood (though Nevada’s a bit closer to Bayshore than some buyers might like).

Yes, you can buy a two-bedroom condo for $749,000, but many of them are located in SoMa and South Beach, or in large buildings with high HOA dues. And you won’t get a home with tons of character, views or two-car parking.

If Nevada looks like a possibility, check it out this weekend. Just don’t try to sneak into the yard for a quick interior peek. That dog will be waiting for you.

The Best Neighborhoods for Dog Owners in San Francisco

San Francisco is one of the more dog-friendly cities in the country, and many of its neighborhoods offer ideal environments for dogs and their owners.

I’m a dog owner myself, and frequently meet clients looking for a home in a neighborhood that will provide what we all need for us and our pets—ideally, proximity to open space, dog-friendly cafes and shops, and a community of dog owners who support each other and their ‘hood.

So here are my picks for the best dog-owner neighborhoods in San Francisco:
1. Bernal Heights. It’s got a great retail area on Cortland Avenue, with plenty of shops and cafes, including Bernal Beast pet shop. But most notably, Fit Bernal Fit opened in November 2009—a gym that invites “Bernal locals and their dogs to join us to exercise, socialize and engage in a more healthful, energetic and stress-free lifestyle.” If that’s not enough, there’s Bernal Hill itself, which has trails and off-leash areas, as well as Holly Park. The weather is superior in Bernal, so when you head out for a walk in the late afternoon, don’t expect to encounter much fog.

2. Inner Sunset. The weather may not be as desirable, but the Inner Sunset has Golden Gate Park at its doorstep. Yes, you have to keep your dog on a leash, but at least there’s a lot for your dog to smell and see. (My terriers love the gopher holes.) There’s also the Irving Street corridor, which is a great place to stop for coffee or lunch. Le Video—one of the few bonafide video stores left in the city—also lets you bring in your dog. For pet care, there’s All Animals Emergency on 9th Avenue, and Irving Pet Hospital at 15th Avenue.

3. Noe Valley. Ok, so I’m a bit biased on this one because I live here. But if there are two requirements for living in Noe, it’s that you need a dog or a kid. I’ve picked a leash over a stroller, and have plenty of company. There are two dog runs—one on 30th Street, and one up the hill at 27th and Diamond. There’s the Noe Valley Pet Company ladies at Church and Cesar Chavez, and 24th Street is the place to go if you’re in search of a dog water bowl outside a store. Le Zinc on 24th and Castro lets you bring your dog into its rear outdoor patio through a back entrance. And don’t overlook the Friends of Upper Noe Dog Owners Group, which makes sure the 30th Street dog run stays in shape.

4. Parkside. Though the Parkside doesn’t have the concentrated retail areas of the aforementioned neighborhoods, it’s near some pretty vital open spaces. There’s Stern Grove, an excellent dog-walking area. But the canine epicenter lies over at Fort Funston, a short drive away. The area even has its own Fort Funston Dog Walker (FFDW) organization that works to preserve off-leash areas and good dog ownership practices. The Parkside is also blocks away from Ocean Beach and the Great Highway, which are great places to bring your dog. The streets in the Parkside are nice and wide, so there’s plenty of sidewalk room, too.

5. NoPa. The North Panhandle neighborhood suits dog owners well, as the architecture allows for spacious flats. It’s a little more low-key than the busier Haight area, which can be stimulation overload for dogs if you decide to troll along Haight Street itself. The Panhandle is a good dog destination, as it’s a sizeable open space for walks. Nearby Alamo Square is a dog party in its own right (though you have to contend with the tourists gawking at the Painted Ladies). And check out the Dog Owners of Alamo Square and Great NoPa Yahoo group list for local resources, as well as the North of Panhandle Neighborhood Association for more general resources. There are a lot of great shops and restaurants scattered throughout NoPa to which you can walk your dog, particularly along Divisadero. Don’t forget about two key shops: Osso & Co., the pet store on Broderick, where you can pick up specialty items as well as everyday pet products, and Cats & Dogs Pet Supply, a more mom-and-pop store/groomer on Divisadero.

6. Mission Bay. Far less established a neighborhood than the others, Mission Bay is your best bet if you want to live downtown and own a dog. The Mission Creek Dog Park is up and running, which also lets you meet the other pioneer Mission Bay dwellers and their pets. If you get bored with Mission Creek, you can simply walk your dog up and down the Embarcadero, which has wide streets and provides nice Bay views. Mission Bay’s park system is still developing, and I’m betting the neighborhood will build its own very organized dog community over time.

Cut Down Your Water Bills at Albion Castle

One of the few properties in the Bayview-Hunters Point area that isn’t going into foreclosure is over at 881 Innes. This former brewery—and later, water company—is now a 4BR/2BA home with 1,436 square feet and underground caves. It was reportedly built in 1870. List price is $2,950,000, and the property has been on the market since September.

Along with your ’70s kitchen and pano bay/bridge views, you get water rights to underground springs that produce 10,000 gallons of water daily. You also get the rights to the name Albion Castle Brewery, in the event you want to undertake that venture. The property received landmark status in 1974.

I’m thinking the price tag is a tad high, given the location. Sure, the property is unique, but it’s also very specific. Not sure I see someone paying $3M to live in Bayview.

What You Get For: $950,000-$1M

We’ll take a look at three very different properties being offered in the $950,000-$1M price range. For those interested in purchasing a home in San Francisco, this sort of exercise is designed to help you sort through the unique property types that exist, as well as get a feel for the neighborhoods in which they lie.

andersonFirst off is 78 Anderson on Bernal Height’s north slope. This is the more desirable end of the neighborhood, and the 4BR/2BA cottage with one-car parking has vaulted ceilings, an updated kitchen and is about two blocks from the Cortland Avenue main strip. Last sold in December 2007 for $990,000, it’s not clear how the sellers will make out.

Next up is 650 Chestnut #106 in North Beach:
villanorthbeach
I remember showing this property when it was last on the market in June 2005; it ultimately sold for $1,009,000. The 3BR/2BA condo in the Villa North Beach complex at Mason Street is now on the market for $959,000. I liked the unit, though—it was big (about 1600 square feet), and had a very large patio. It’s in walking distance of everything North Beach has to offer, and makes for an easy downtown commute.

Finally, there’s 438 Buchanan,a TIC interest in a three-unit building in Hayes Valley.
buchanan
Yes, it’s located at the busy Buchanan and Oak intersection, and yes, it’s only a stone’s throw from the housing projects. But this recently renovated, 2200+ square foot unit has three bedrooms + a den, 2.5 baths, and is on two levels. It’s the top level that I really liked (above), with its patio and high-end finishes. That’s listed at $979,000. Though the unit is in a three-unit building, one of the units is a commercial space on the ground level. All that’s needed are two buyers who’ll owner occupy the two residential units, and the building can bypass the condo lottery. In the meantime, the seller is keeping the commercial space and is offering wrap-around financing with a down payment of 20% or more at a 6.5% interest rate.

So which one would work for you, if you had to pick one? Please feel free to comment!

Excelsior Heats Up

stoneyfordOne neighborhood that’s not exactly suffering in the economic downturn is Excelsior, in San Francisco’s southeastern area. Twenty-seven single-family homes have sold since January at an average of $517,459—generally considered to be quite affordable for first-time home buyers who prefer a house to a condo.

The darling of the week was 59 Stoneyford, (above) a 4BR/2BA home with 1470 square feet and a lovely garden. Listed at $589,000, the home reportedly attracted 100 groups on each of the two Sundays it was open before going into contract amidst five offers. Goes to show you, sellers, that if you price a home attractively, buyers will come.

And with 21 other homes in contract and/or pending at a list price average of $496,786, Excelsior doesn’t appear to be slowing down anytime soon.

Montcalm Gets Multiples

montcalmWithin about a week of coming on the market at $750,000 in March, 76 Montcalm in Bernal Heights garnered a whopping eight offers. This was the 2BR/1.5BA with one of the bedrooms accessed via a ladder.

Well, apparently our real estate market is not in dire shape, as eight potential buyers stepped forward for a shot at living in Montcalm. Only one walked away, to the tune of an $810,000 selling price.

Checking Out Q1 House Averages

With volumes and prices down, the first quarter of the year opened with a whimper. Buyers were reluctant to make purchase decisions, and sellers held back from putting their homes on the market.

Most neighborhood averages were below $1M. That just supports my theory that the most popular price range continues to be $400,000-$900,000. Here’s a look at how single-family homes fared in a variety of neighborhoods:

Inner Richmond
# Sold: 2
Avge Price: $860,000

Inner Sunset
# Sold: 4
Avge Price: $793,200

Parkside
# Sold: 11
Avge Price: $719,000

Ingleside/I. Heights
# Sold: 14
Avge Price: $445,279

Miraloma Park
# Sold: 8
Avge Price: $831,375

Sunnyside
# Sold: 9
Avge Price: $684,333

Noe Valley
# Sold: 19
Avge Price: $1,291,605

Glen Park
# Sold: 8
Avge Price: $941,625

Corona Heights
# Sold: 2
Avge Price: $1,145,000

Pacific Heights
# Sold: 3
Avge Price: $3,524,500

The Mission
# Sold: 2
Avge Price: $592,625

Bernal Heights
# Sold: 11
Avge Price: $710,455

Potrero Hill
# Sold: 6
Avge Price: $952,333

The Excelsior
# Sold: 18
Avge Price: $529,411

Stop in tomorrow for a look at condo averages!

76 Montcalm: First-Time Home Buyer Haven

76montcalmReportedly attracting 200 visitors at last Sunday’s open house, 76 Montcalm on Bernal Heights’ east slope has spent the past few days charming the masses with its modern-yet-quirky layout, views, and, most importantly, $750,000 list price.

The only issue I had with Montcalm was the fact that there’s only one easily accessible bedroom. The second bedroom is not for the vertigo challenged. You can only reach it via a steep ladder that extends from the main bedroom. (The staircase pictured above leads to what’s been deemed a “meditation” space.) So you’re essentially looking at a one-bedroom home with a few additional “spaces” that could be used as an office, hiding place, or bedroom. My guess is that the house will be purchased by a very young couple that’s not concerned about sore knees or a practical floor plan at this point in their lives.

Where's the Inventory: Houses

You’ll find the best deals in the San Francisco market where there’s an oversupply of homes available. There are 274 houses on the market right now. Here’s a look at which neighborhoods are offering the most homes:

Central Richmond: 11
Central Sunset: 10
Outer Parkside: 13
Outer Sunset: 12
Parkside: 16
Lake Shore: 9
Ingleside Heights: 9
Oceanview: 13
Miraloma Park: 15
Noe Valley: 34
Eureka Valley: 12
Pacific Heights: 18
Cow Hollow: 10
Bernal Heights: 33
Bayview: 32
Crocker Amazon: 11
Excelsior: 23
Outer Mission: 10
Visitacion Valley: 18
Silver Terrace: 17
Mission Terrace: 9

My advice for buyers: If you’re interested in any of the above neighborhoods and are qualified to buy, get your negotiating shoes on.

Conforming Loans Lead the Way

Conforming loans are about the only option these days for those prospective buyers who have less than a 20% down payment. Though this loan amount is poised to increase to $729,750 soon, it is currently set at $625,500. Along with that down payment, you’ll need acceptable credit scores and incomes.

So what’s available for up to $695,000, assuming you’re working with a 10% down payment? Quite a bit of inventory, it seems. There are 210 single-family houses on the market, ranging in price from $179,000 for a 625-square foot, one-bedroom short sale house that’s tenant occupied in Bayview, to a three-bedroom home in Bernal Heights on College Terrace. In addition to Bernal and Bayview, neighborhood selections include Merced Heights, Ingleside, Outer Sunset, and Sunnyside.

There are 493 condos available, but it’s important to have your lender or mortgage broker review a particular building prior to even considering making an offer. Lenders are hesitant to lend on condo buildings, so there are further limitations to what you may be able to purchase.

I’d recommend considering properties priced as high as $725,000-$750,000, as your chances of negotiating for what you can afford increase the longer the property sits on the market–presuming you have a motivated seller on hand.

Santa Rosa Returns

santa-rosa1 After coming on the market in November 2008 and going in and out of contract, 212 Santa Rosa is back on the market at its holding-strong list price of $649,000.

This 2BR/1BA house in the popular Mission Terrace neighborhood definitely has potential. Big-ticket items are the $35,000 pest work, asbestos removal from the ceiling, and a kitchen remodel. But the average price of a two-bedroom home in the neighborhood is about $620,000 (based on sales from Oct 1, 2008 to today). So if you factor in anywhere from $50,000-$100,000 worth of work on probably the low end—I’m not factoring in all the odds and ends that the contractor report indicated—the list price is probably too high.

But as with all homes on the market, this one is likely ripe for negotiation (especially given the fact that it’s a probate sale). For the right price, the project could be a sound one—especially given its prime Mission Terrace location.