San Francisco Condo Values, Construction Trends, Interest Rates
One thing to note: typically, all things being equal (which they rarely are), the smaller the unit the higher the dollar per square foot. Average unit sizes have steadily declined in the last hundred years, but there are lots of other issues: quality and appeal of construction (which greatly varied by period), where a certain era’s buildings were mostly built (think Marina flats built in the 1920’s or Cole Valley Edwardian flats), views (high-rises) and so on. Of course, the base $/sq.ft. value for new construction condos seems to be steadily rising. The Mark Company estimates that the average at Lumina is now $1400/sq.ft.
Tags: Christopher Stafford and Terry Wright Cole Valley Condo Values Construction Trends Interest rates Marina
Add your comment