South of Cortland is an inconsistent area, the lots and streets are generally smaller, and you can find fair housing deals there from time to time. South of Cortland also slopes into the highway and St.Mary's Park. Generally easy access to Cortland shops and restaurants.
South slope is up from Cortland and is generally more valuable, but that again depends on the specific condition of the property. There are southerly views in many of the homes on the south slope. It's easy to get to the top of the hill to walk a dog or take in a panoramic view. Easy access to Cortland shops and restaurants.
North Slope is the more valuable, and homes here can have drop dead views, even if they are somewhat obstructed by trees or another property. North slope doesn't have so much of a walking neighborhood, but Precita park has a few small businesses that buffer that thought.
North slope prices are breaking the $1M mark with properly conditioned properties. South slope pricing is heading that way. South of Cortland you can get into with high 700s, but you should budget as much as 900 for a good offer on a good conditioned property. Bernal is consistently seeing multiple offers on good conditioned homes.
Chris has broken the market into it's actual segments. Bernal is no longer a diamond in the rough, most of it achieved diamond status a few years ago.
The only areas that could be considered "in the rough" are the areas overlooking the freeway, Alemany Boulevard, and The downslope of Cortland towards Bayshore. When the new Home Depot opens on Bayshore that southeast slope will probably achieve Diamond status.
If you want cusp neighborhoods look at the Excelsior, University Park area and the area between Silver Ave and 280.
Anyway, as a Realtor who loves Bernal Heights because I both live and work here, I can tell you that it's a great neighborhood to call home, and it's still hot, especially near Cortland Ave or on the North or North-West Slopes.
Recently, at one of my Bernal Heights listings in July, we had 40-45 groups through each weekend for 3 weekends in a row! I'd say that this is very good demand. Add in the credit crunch and the usual summer slowdown, and I'd say it's phenomenal.
BTW, Gourmet magazine did a spread on Bernal Heights in their San Francisco issue years ago...so it's had the trend-watch factor for some time.
When I read that in the paper I thought of you. Listen we have an opportunity to change the political direction in the upcoming supervisorial election. Get involved and pick a candidiate that you can support. My two cents is that I don't think it serves our purpose to have the BOS involved in planning decisions. Some how it doesn't seem to work. You get Misters no growth and only affordable housing growth Peskin and Daly building all the high rises downtown, Calvin Klien can't get a use permit for upper Filmore. Ed Jew shakes down topioca joints because they have grown and might have too many locations.
Their opinions should matter but they shouldn't have yea or nea say on these issues.
Well, I guess all the shady people that hang out at that dilapidated liquor store will be happy.
Way to go, SF!
FYI, the Home Depot is a NO GO!
There are a lot of houses on the South slope, however, that really don't have much of a view. There also happen to be a few of these for sale. Would the new Home Depot impact this area positively? I, for one, can't wait until it goes up -- that area seems super shady and I am surprised that the city is holding it up as much as it is.