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Portola : Real Estate Advice

  • All6
  • Local Info2
  • Home Buying0
  • Home Selling2
  • Market Conditions0

Activity 10
Wed Aug 23, 2017
Kathy Burgreen answered:
You don't need a permit to have an Airbnb. What you need to know is the law. Some major cities created new laws that prohibit owners from having an Airbnb. The hotel industry either sued the cities or they put pressure on the cities because the hotels were losing money because of Airbnb. So the cities gave in to keep the hotel operators happy and created laws to prevent Airbnb's.

So check your city's laws.
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Sun Mar 17, 2013
Alina Aeby answered:
Hi Sean,

If I understand correctly, your question is more about buying an older home in an established neighborhood versus buying a new home in a developing area.

Maintenance issues and life of house components aside, it is always about the potential of the neighborhood.

We can argue from the position that there is no place to build in an established, older neighborhood, there will always be as much housing inventory and even if something will be build, it won't be the same style- example: Victorian, Mediterranean, Edwardian, making the older homes more architecturally significant. In that respect, it may be true.

In an newer, developing neighborhood, where there is potential to growth, you might find a lot more inventory and the style of the new homes could be very similar to each other.

But at the end it depends of personal preferences and the ability and willingness o care for an older home.

I hope this answers your question.

Good luck in your home search!



Alina Aeby-Broker Associate
Pacific Union International
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Sun Mar 17, 2013
Phyllis McArthur answered:
I have heard so many different tales of people who live under or close to these power lines over a long period of time have suffered odd ailments. Linda lorenzo has some of the stories that she post a link to.

I think the only issue with living close to these lines is that they are not very attractive and block you view to bay trails in some parts of the bay area
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Wed Jan 11, 2012
Vince Chang answered:
Cute shops along San Bruno. Plenty of food options in many varieties. Lots of sunlight. Centrally located schools and a new Fresh And Easy slated to open on February 1st of 2012. There is also plenty options to get to downtown by way of public transport. ... more
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Thu Nov 10, 2011
Maureen Keleher answered:
Even though the neighborhood is mostly comprised of families and students, the socioeconomic makeup of the area makes it a little rough around the edges, and not the most desirable place for a young person who is living alone. There seems to be some minor gang activity and some drug dealing–probably due to the fact that the Bayview District, the Excelsior District and deep Mission border this area. If you are someone with an open mind and want a real city experience, then you might be fine here-I wouldn’t recommend this area to someone who is new to the city. The police do patrol the area, so it’s not totally unsafe. While there are a lot of amenities nearby on San Bruno Avenue, there isn’t a major grocery store, so you will need to plan ahead for your food shopping, especially if you don’t have a car. Streets aren’t particularly walkable due to geographical makeup of some of the streets (it’s slightly hilly) and there isn’t a lot of parking after 8 pm on most nights. ... more
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Tue Oct 25, 2011
Trulia asked:
What did you wish you knew before moving here?
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Tue Oct 25, 2011
Trulia asked:
Is this area safe or dangerous? What types of crimes are committed? Are there any intersections or streets that should be avoided?
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Tue Oct 25, 2011
Trulia asked:
Are home prices in Portola going to appreciate or depreciate? What are the current market conditions for buying or renting?
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Fri May 23, 2008
Rob Regan answered:
Slow, slower and slowest.... unless you are prepared to price VERY aggressively. While the Portola area is a nice enough neighborhood, it is one of the slowest ones in San Francisco as are most of the most southern-eastern parts of the city. In the past 3 months there have been only 7 sales (2 per month average) in the entire "Portola" neighborhood. With 25 listed For Sale right now, that is a year's supply. That is incredibly long anywhere... but especially so in San Francisco.

There are actually 12 homes that are apparently in contract (per an MLS search), so there are Buyers buying, but most were "asking" less than $700,000.

Of the 7 that have Sold, two sold quite "high", one for $788k and another for $800k. I have no knowledge of why they sold so high, and looking at them, it makes no sense (to me) because all of the other sales were $639k or below... with 4 of the 7 sales below $573k... and the two high sales don't appear to have anything that makes them special enough to deserve the higher prices.

Just 2 years ago the average price was closer to the mid- to high- $700's, now the average is at least $100,000 lower. The prices started dropping in 2006 and haven't let up since, although I don't believe it will go down any further than it is now. Buyers are out and buying... but for the most part they are being very picky, and they are bargain hunting.

When and will it go back up in price? Hard to say. I think you're looking at least a year out for that to start happening given the 1 year's worth of supply (homes for sale).
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Sat May 3, 2008
Jed Lane answered:
You posted the question twice. Delete this one so you can track the other.
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