Faith

As a Potrero hill resident for 8 years, it does seem annecdotally that the entire area is now starting to hop (north and south side). Historically, the south side has had less demand, but several things are changing which I imagine might overtime tend to help the south side hold its value more:

1) UCSF and mission Bay. A huge new campus that is bringing many more people to the area. Students and professionals alike will look for places to live near work.

2) The 3rd Ave light rail is now in. Once again, more things converting to residential where there were previously shipyards.

3) Whole foods will open (on the North side) this fall I believe. This store may serve as an anchor tenant to pull in other retailers. Long term impact or more retail means more people wanting to live on Potrero hill.

The biggest gotcha on the south side are the projects. This said, not all South side streets line up next to the projects (there are several south side locations in fact that are preferable to North side with respect to project proximity).

Bottom line, my layperson's opinion: if you can find a home you like on the South side and it' s not too close to the projects- it indeed may hold its value well (and if you like the home- who cares about the ups and downs in value ). - Wed Sep 12 2007, 11:31