Another factor to consider here is that we don't have many situations where there are two identical houses, one in the flats and another on a hill to do a comparison. Views add value, no doubt, but how much intrinsically and how much subjectively, to you the specific buyer is up to you and only you.
Could be that you'd rather roll home than climb the hill after dining on the whole beast at Encanto so being in the flats is of more value to you.
The view at the top commands a premium â€¦..
LEOPOLD A RODRIGUEZ
Real Estate Broker 00849905
400 Montgomery 505
San Francisco CA 94104
It really depends what you value most.
In San Francisco, if the house is on a steep hill, the chances are you have an impressive view of the bay, ocean or the city. Buyers pay a premium for these views.
The steep hill could be quieter, which some buyers may prefer as well.
On the other side, having a home on a steep hill means being farther away from the main shopping streets or public transportation. The main shopping drags are usually located on flat streets. Most buyers pay a premium for that too.
I would say that it depends on the house, views, proximity to areas of interests and buyers personal preferences.
All my best,
Alina Aeby-Broker Associate
Pacific Union International/Christie's
Since San Francisco has so many micro climates and micro neighborhoods, if you are thinking of buying the best thing you can do is contact and experienced broker like myself to understand valuations.
Lance King/Owner-Managing Broker