San Francisco
T
he City on the Bay sits on a peninsula with the Pacific
Ocean on one side and San Francisco Bay on the other.
The Golden Gate Bridge soars across the
mouth of the bay, connecting the city to Marin
County, while the Bay Bridge connects to Oakland in
the east. From the sea lions sunning themselves on the
pilings at Fisherman’s Wharf to swimmers and strollers taking
advantages of the many parks and promenades, life in this city is
centred on the water.
The many hills have astonishing views of the blue bay, skyline, and
on some days, the fog rolling in. “Home buyers in San Francisco
are willing to pay top dollar to have a glimpse of stunning vistas in
neighbourhoods perched high atop the city,” said Betty Taisch,
the San Francisco Association of Realtors president elect. The
Marina District, close to the Presidio and Fisherman’s Wharf,
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has access to waterfront activities such as swimming and sailing
and the Aquatic Park Historic District, as do nearby Russian Hill
and Presidio Heights. Many properties in these neighbourhoods
have classic Victorian architecture, with views of the bay and the
Golden Gate Bridge.
The average price for a single-family home in the Marina
is $4.15 million, while the price for a condo is around
$1.16 million. In Russian Hill prices range from $1.75 $2.5 million. To the east, the new and up-and-coming
neighbourhoods of Mission Bay and South Beach are vibrant
and walkable.
A condo in Mission Bay starts around $1.5 million. In the west
of the city, the prices become slightly more affordable with the
average price in Outer Sunset and Outer Richmond starting
from $856,000.
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