The cost of living can be quite different between cities, especially when it comes to homes in San Antonio and San Francisco.
When 48 Bache in San Francisco’s Bernal Heights was listed back in 2017, the best the listing agent had to say about the then-625-square-foot cottage was that it was “a great location to build your dream home.”
A buyer agreed, snagging the corner-lot home just blocks from both St. Mary’s and Holly parks for $675,000.
But rather than demolishing the historic home, which a longtime neighbor believes to be two earthquake shacks put together originally to create a garage, the owner chose to take it down to the studs, updating every system and surface in the home in the process. This means everything from the roof, windows, doors and siding to the plumbing and gas lines was redone in the home in the fall of 2017.
The new owner also put in a new kitchen, new floors and added two new sleeping areas in the former studio: a dining room was converted to a bedroom with en suite bath and access to a
This permitted work was all done with the intent of turning the property into the owner’s retirement home, and for a short time it was. But family issues meant a sudden need to move, according to listing agent Steve West.
After the home failed to sell with a different agent last year, he said, they embarked on some unwarranted work in the home’s detached garage, creating another living space with a kitchenette and bathroom.
With the new work, new staging and it was set with a new price of $788,000. It sold for way over: The deal closed in May for $1.062 million.
Thousands of dollars later, and the place still can’t get you things a similar budget can buy in San Antonio.
With a listing price of $769,900, the home at 3023 Elm Creek Place gives you 2,400 square feet more than the Bay Area abode, and comes with all the modern fixtures and amenities you could expect in a newer home.
The listing says the master suite and bathroom “rival any 5-star hotel.”