Home Buying in San Francisco>Question Details

Trulia San F…, Other/Just Looking in San Francisco, CA

Are homes on very steep hills any less expensive than those in flat areas?

Asked by Trulia San Francisco, San Francisco, CA Wed Oct 31, 2012

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As in all things it depends on you. Views are very important in San Francisco but so is biking, walking and shopping. Each buyer wants most of everything and learns the compromise dance as they see what's available.

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.
1 vote Thank Flag Link Wed Oct 31, 2012
Jed Lane; Fog…, Real Estate Pro in San Francisco, CA
MVP'08
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Nooooooo. Hill homes sometimes have fabby do views and criminals are lazy. It's extra work to criminalize at the top of hills....
0 votes Thank Flag Link Wed Oct 31, 2012
That's actually true! I live in Pac Heights on top of a hill and I never see any homeless people simply because it's a hike to get up the hills.
Flag Fri Nov 2, 2012
LOL :0)
Flag Thu Nov 1, 2012
Whether it’s San Francisco, Monte Carlo, Tiburon, Rio …..

The view at the top commands a premium …..

LEOPOLD A RODRIGUEZ
Real Estate Broker 00849905
400 Montgomery 505
San Francisco CA 94104
Office: 415.781.3000
http://leopoldrodriguez.com/
0 votes Thank Flag Link Wed Oct 31, 2012
Hello there!

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

Alina Aeby-Broker Associate
Pacific Union International/Christie's
414.744.4844
http://www.bestsfhomes.com
0 votes Thank Flag Link Wed Oct 31, 2012
The answer is it depends. In our area anything on a hill has the potential for great views, so those could be more expensive. However, as an example, a view property in diamond hts is likely going to be much less expensive than a non view similar property in a good noe location.

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.

Best Regards,

Lance King/Owner-Managing Broker
lance@fixedrateproperties.com
415.722.5549
DRE# 01384425
0 votes Thank Flag Link Wed Oct 31, 2012
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