San Francisco Remodeling Cost Vs. Value, 2015

  Even with San Francisco real estate prices at record highs and among the most expensive in the country, flipping properties is still both profitable and fairly common. Many properties that appear on the market as fixers over the past few years have returned and been resold as renovated (if not completely rebuilt) turn-key homes. Here’s a home in Noe Valley, purchased for $1,575,000 in 2012 that was flipped and sold in June 2015 for $7,000,000 (of course, well over

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Potential. Potential. Potential.

  With local listings on realtor.com viewed up to three times more frequently than those in other US cities, San Francisco once again takes the top spot among The 20 Hottest Real Estate Markets in 2015. As you can imagine, homebuyers’ fierce competition is resulting in some serious overbids. In 2015 year to date, the vast majority of homes for sale are receiving multiple offers — I can speak from my own experience and share that every single transaction (excluding

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