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

Contact Eileen for Real Estate Help

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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