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Notice that I said like for like. If you compare new construction in the most desirable neighborhoods in both cities[0][1] SF comes out cheaper and/or your mone
by djb_hackernews 10y ago
Notice that I said like for like. If you compare new construction in the most desirable neighborhoods in both cities[0][1] SF comes out cheaper and/or your money goes further. ie, SF might be slightly more expensive but your building has 24/7 security, roof top pool, common outdoor space, etc.
EDIT: A further comparison of the age of the housing stock, looking at properties currently listed within both city limits, ~33% of them in Boston were built before 1900, 8% of them in SF were built before 1900. To me this means overall the housing stock is more modern in SF which likely benefits the homeowner in energy costs, modern systems, safety, total square footage, etc.
[0] https://www.redfin.com/neighborhood/293571/MA/Boston/Back-Bay/filter/sort=hi-dollarsqft,min-year-built=2005 https://www.redfin.com/neighborhood/293571/MA/Boston/Back-Ba...
[1] https://www.redfin.com/neighborhood/11212/CA/San-Francisco/SoMa/filter/sort=hi-dollarsqft,min-year-built=2005 https://www.redfin.com/neighborhood/11212/CA/San-Francisco/S...
- dpark 10y agoSoMA is not the most desireable area in SF. Many areas in SF are considerably more expensive. Presidio Heights is one of the top neighborhoods, and has a home price index on Zillow of nearly $5MM. You can't even compare new construction because there is none for sale. https://www.redfin.com/neighborhood/2197/CA/San-Francisco/Presidio-Heights-San-Francisco-CA/filter/sort=hi-dollarsqft https://www.redfin.com/neighborhood/2197/CA/San-Francisco/Pr... For the record, doing the "most expensive" or "most desirable" comparison is pointless anyway. The most expensive neighborhood is not representative of the typical home price, or even the typical desirable home price.