SF housing costs: Just 22 homes under $500,000 (pic)

[Newsjock]

http://blog.sfgate.com/ontheblock/2013/05/23/ask-and-receive-the-least-expensive-homes-on-the-san-francisco-mls/

... Homes under $500K in San Francisco are news, whether they look sexy in photos or not. So today we look at 4 such homes. That means you got what you asked for, readers. We leave it up to you to decide– when it comes to these homes– if you get what you pay for.

There are only 22 single-family homes on the MLS now in San Francisco listing under $500K.

... 670 Lisbon: $420K

[yesphan]

1. Perfect !

Minimal lawn maintenance.

[sinkingfeeling]

2. I'm sorry, but that looks a lot like my garden shed.

[Gormy Cuss]

4. The land under it is where most of the value is.

The house has a good size city yard and some great views.

[bunnies]

7. that patch of dirt passes for a "yard' in SF?

I guess they mean it literally.

[Gormy Cuss]

8. Click the link.

There are photos of the interior, views, and the fenced in backyard.

[Aerows]

3. Does that even

include plumbing?

Jeez.

[Roland99]

5. About the size of my garage!

[Shrike47]

6. I wonder what the square footage is.

Looks very small. And apparently in a 'bad' area.

[Hell Hath No Fury]

11. "Bad area " -

Uh, no. I live over the hill from that house and it's only a "bad area" if you're scared of the working class and/or people people who aren't lily white. Which many Tuppies are.

[flamingdem]

9. Get ready for the next real estate crash

who will be blamed this time?

[dixiegrrrrl]

10. Menawhile, where I live, check this out

This house is across the street from me: has a lovely pool, is in town, built in 1955.
Lots more pics here:
http://tinyurl.com/orauj5d ( link works now)

List Price: $150,000 ( realistic price in this market would be 100 K asking.)
Bedroom: 4
Full Baths: 3
Half Baths: 1
Type/Style: Split Level, Ranch
Lot Size: 1 acre

[Hell Hath No Fury]

12. Location location location.

[dixiegrrrrl]

13. Yep.

I am lucky to be able to choose, lots of people cannot.

[Robb]

14. LOL, oh Bay Area!

I spent more renting a 1-bedroom apartment there, oh, 20 years ago, than I did for my last mortgage in Colorado.

[Skidmore]

15. Some of them are very nice inside.

However, a half a million for such small houses is too much. My home is at least twice the size of most of these and at 1/5 the price, and we have 3/4 of an acre of land.