San Francisco is a great place to live, visit or simply dream about. The history of this city will capture various audiences for years to come. The thrill and excitement of San Francisco draws millions of visitors each year along with potential new real estate buyers.
If you are only visiting San Francisco, consider yourself privileged to be in this city.
The following is a brief list of the many things that you can see or do while in San Francisco. Aquarium of the Bay, Pier 39, Fisherman?s Wharf, Alcatraz Island, Golden Gate Bridge, The Jelly Belly Candy Company, Metreon ? A Sony Entertainment Center, Ripley?s Believe It or Not! Museum, San Francisco Zoo, Six Flags Marine World and Wax Museum at Fisherman?s Wharf are just some of the things you can spend time visiting. If you come to San Francisco, give yourself ample time to visit as much as you can.
The history of San Francisco will help to explain the current real estate market trends. In 1776, the first colonizing party arrived and founded the Presidio of San Francisco and Mission Dolores. In 1848, the first signs of the gold rush were seen, which brought thousands upon thousands of settlers and immigrants to the city. In 1869, the first westbound train arrived in San Francisco bringing even more people. By the following year, San Francisco was the tenth largest city in the U.S. A setback took place in 1906 when a majority of the city burned to the ground causing the evacuation of more than 30,000 people. Despite the setback, San Francisco was rebuilt and has continued to grow into what it is today. Because of the scarcity of available land upon which to build, real estate prices in San Francisco continue to increase on a regular basis.
Like many other cities in the country, if a property has a view of the water or the surrounding landscape, the prices will automatically be higher. For this reason, it would be wise to investigate your personal financial situation and determine what type of property would best fit your needs. If a house is too big or too expensive, the condo and townhouse markets are also in great supply. While doing research, don?t become discouraged because there are many possibilities of being able to find exactly what you are looking for. For example, a three bed and three bath house with a view will price around $800,000. The same type of house without a view can price around $640,000. This is only one example of what a view can do to a house price. Be sure to investigate this aspect because it will make a big difference.