Yes, a two-bedroom condo is always preferable to a one bedroom. But what happens when you’re preapproved for a loan that puts you in one-bedroom territory? What livability and resale factors should you consider before you pursue what you can genuinely afford?
The average 1BR condo range citywide (excluding below-market-rate or senior-zoned units) was $618,996, in the time period from August-November 2012. The most popular neighborhoods where these sales took place were Eureka Valley, Pacific Heights, Downtown/Financial District, Nob/Russian Hills, the Van Ness corridor, Mission Bay, SoMa and South Beach. Continue Reading