What You Can Buy: Condos for $1.1M with High Walk Scores

Prices for condos with period detail and which are located in very walkable, central neighborhoods are averaging $1.2M for two bedrooms and $1.4M for three-bedroom units. These types of units command a premium because: a) who doesn’t love a quintessential San Francisco property with Edwardian or Victorian detailing, and b) everyone wants to live in an area that lets you walk out your door and be only minutes from a retail area and public transportation.

There’s a handful of condos on the market in this price category, and I thought I would provide a tour of three of them today. So hop in the front seat, and let’s get to it:

1332 Waller
The Haight

3BR/2BA, 1769 sq ft
1 pkg
Year Built: 1904
List Price: $1,099,000
Walk Score: 92
1332 Waller is a two-level Edwardian condo. As the listing agent notes, the property is situated in the middle of three great neighborhoods—the Haight, Cole Valley and Buena Vista. So you can take advantage of both the Haight and Cole Valley’s excellent retail areas, as well as many nearby public transportation options. This flat was renovated in 2003, and it has two bedrooms, a formal dining room, split bath and modern kitchen on the main level. A staircase off the dining room leads you to a large master suite with a wet bar and full bath; just outside is a deck and garden. 1332 Waller has exclusive use of the garage parking spot, storage, and the washer/dryer. [Read more...]

Holiday Deal Alert: 898 Waller

The condo located in Buena Vista/Ashbury Heights over at 898 Waller is shaping up to be a great potential holiday deal. First listed at $729,000 in early October, the sellers have reduced the price along the way by smallish increments. However, the latest reduction brings the list price down to $679,000, which isn’t bad for a roughly 1100-square foot property with fine Edwardian period details and one-car independing parking.

The bedroom situation isn’t ideal—double parlor for one bedroom, and a smaller room that’s more appropriate for an office or nursery. But you do get hardwood floors, high ceilings, and large windows. There is a split bath (you know, toilet in one room, everything else in the other), as well as a large eat-in kitchen with adjoining laundry room. The unit provides interior access to the garage, and a storage space is also included. Located on the first floor of a six-unit building, 898 Waller has HOA dues of $150/month.

One-bedroom condos in the neighborhood are selling in the $500,000s, and two-bedroom properties for well above $700,000. So the $679,000 list price for 898 Waller seems like a good fit. And if you have great financing behind you, it may be possible to negotiate further. Sellers love as much of a closing guarantee as possible, especially around the holidays.