Why is Diamond Heights one of the cheapest San Francisco neighborhoods in terms of real estate prices?
Mon Aug 27 2007, 23:24 - Diamond Heights - Home Buying - 9 answers
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The weather and it's not close to anything you can walk to. In other words, it is the suburbs of San Francisco, in San Francisco.
p.s. If you're not familiar with the city, there are micro climates that can affect your living experience significantly. No joke! The fog in Diamond Heights is consistent and dissipates as it goes down the hill. A home just a few hundred yards from the area you're asking about can be consistently sunny at times of the day when DH is foggy! Tue May 13 2008, 08:49
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Hi Artem;
For many years there had been a lot of deferred maintenance in the condo complexes on Red Rock Hill (Diamond Heights Village, Safira Court, Red Rock I & II, Harbor View etc) and that was reflected in the pricing. Some of the complexes, most notably, Diamond Heights Village, have upgraded themselves and prices are now comparable to Twin Peaks. The neighborhood gets a bad rap because of the weather. It does get foggy in Summer, but it is nowhere near as bad as it is in Miraloma Park. If you have any more questions, please let me know. I am the top Realtor in Diamond Heights with over 33 sales over the past fives years Charlie Mader Vanguard Properties Mon May 12 2008, 10:48 Web Reference: http://charlesmader.com/DHVA.html
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I've lived in Diamond Heights for 16 years and love it. For the same square footage, and two car deeded parking, I'd have to pay triple elsewhere in The City. As for the weather affecting the prices here, take a peak at pricing in areas with the same or worse weather: Sea Cliff, St. Francis Wood, Telegraph Hill, etc.
There are micro climates in The City - some sunnier and with less fog in our foggier months - but If I didn't like the weather in San Francisco, I'd probably move - I came here FOR the weather. We have good public transportation here and easy access to the freeways - as well as a very nice neighborhood shopping center. It's has been less expensive because there were deferred maintenance issues with the larger condo developments - but boy has that changed! If you're asking about the area because you like the views and the pricing, I would highly recommend it. Wed May 7 2008, 11:09
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Fog and proximity to shops seem to be what object to. The most expensive real estate in the city is often within easy walking to a hot shopping corridor, like 24th or Church in Noe, Polk in Russian Hill, Chestnut in the Marina, Fillmore in Pac Heights, Castro in the Castro. And while Noe is "just down the hill", it's the hill that keeps the fog away.... on many days when it feels like winter up the hill, Noe Valley residents are in short sleeves.
Mon May 5 2008, 18:29 Web Reference: http://www.sfishome.com
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I strongly disagree with James. I've lived in Diamond Heights for 5 years and love it. The weather is typical San Francisco weather. The community was built up primarily in the mid-1960s, so there is a very mid-century modern feel to it. There is a mix of houses (some Eichlers) and condos that were built in this era (as well as some newer condos). The condominium complexes have nice, large manicured grounds with mature trees. Diamond Heights has wonderful, sweeping downtown views of San Francisco, close proximity to Noe Valley (which is just down the hill), wonderful walks (up to twin peaks or through glen park canyon). There is also a neighborhood Safeway which is one of the nicest in San Francisco. It has a slight sub-urban feeling to it. Your friends can actually find a place to park on the street without having to circle the block once. I think Diamond Heights is a hidden gem.
Sat May 3 2008, 08:28
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because it literally has about the worst weather of anywhere in the city. you have to go to daly city to match it's unlivable conditions for 9 months out of the year.
Fri Sep 7 2007, 19:37
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Hi Artem - Both Jed and Artur have great answers on Diamond Heights. Another factor for why it's not as popular besides the architectural style may be the fog factor. If you are considering the area, I would encourage you to spend some time in the area and check out a few open houses to see how you like it.
Sat Sep 1 2007, 16:26
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Artem,
I'm assuming you mean the price of condo's. The Eichlers are not inexpensive and there are many large homes in the area too. The condos in Diamond Heights village are inexpensive due the style and volume of them. The prices range based on views because the amenities are the same. It is a nice place to live, very convienent and good amenities, but they lack the flair that most SF buyers want. Hope that helps. Tue Aug 28 2007, 08:43
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FIRST ANSWER
Hi Artem,
Did you get a chance to read an article in Examiner "Lost Eichlers: Diamond Heights - Tucked away in the Big City Highlands"? If not, here is the link: http://www.eichlernetwork.com/ENStory3.html. It is great story about the Diamond Heights neighborhood and it pretty much explains why its prices were lagging behind. It was a "modern" neighborhood developed in the 60th. It was an "oddity" if compared with a "look and feel" of other SF neighborhoods. This plus fog could contribute to its prices lagging behind. Will it stay this way? It definitely has an "acquired taste". Mon Aug 27 2007, 23:51 Web Reference: http://www.cimpler.com
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