Tag Archives: contractor specials

One-Bedroom Houses Command $1M+ Prices

One-Bedroom Houses Command $1M+ Prices

One-bedroom houses may have their limitations, but they represent opportunity to many San Francisco buyers. We’ve seen eight single-family homes sell for well north of $1,000,000 in 2017, and the buyers for these properties seem to fall into two camps: contractors looking for development projects, and owner occupiers who’d rather spend their money on a house than a condo—and can do their own remodel in the future.

Take 830 Rhode Island (photo, above), for example. The one-bedroom, 936-square foot Potrero Hill Victorian hit the market for $1,149,000 and was purchased by a developer for all cash. The sale closed for $1,475,000 last week. At least three other contractor buyers also made offers on Rhode Island, as well. Continue Reading

Get in touch:

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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