Last week, we showed you what a median-priced two bedroom for sale in San Francisco looked like, based on Trulia's new data pinning that average sale price at $870K. Now, we're taking a look at median-priced three bedrooms, which run about $958K.* Prices for three bedrooms haven't inflated as much as they have for smaller properties, with only a 4.6% increase over the average price this time last year. So what do these "average" properties actually look like? You tell us where you'd spend your $958K.
? In Forest Knolls, this 3 bedroom, 2 bathroom home is asking $949,000. The descriptor "mid-century" glamorizes the small windows and straight-forward layout, but the property does have its perks. The large patio has sweeping views, the living room is large and has a real, wood-burning fireplace, and the master has an en-suite bathroom. The downstairs den is also very large, with direct patio access, and there's a legitimate 2-car garage. The kitchen desperately needs new cabinetry and the bathrooms are dated.
? In the Outer Richmond, this top-floor 3 bedroom, 2.5 bathroom condo is asking $975,000. It's got 1,730 square feet, a modern kitchen, views of the Golden Gate Bridge, in-unit laundry, and parking for one car. The living space is large and has hardwood and big windows, for an airy, bright feel, but the bedrooms are carpet.
? In Laurel Heights, this 3 bedroom, 1 bathroom condo is has a reduced asking price of $919,000 - $30K off its original asking price of $949K. Built in 1914, this unit has classic charm, with bay windows and a brick fireplace in the living room. The unit is small at only 1,299 square feet, which is especially apparent in the bedrooms. The third is so small it may only fit a twin bed. The kitchen is updated with tile flooring, new counter tops, and stainless at least on the oven, and has a eat-in nook. Tandem parking for 1 car, and HOA dues of $160/month.
? In Buena Vista, this 3 bedroom, 2 bathroom home is asking $900,000 -- but it needs major work and has abatements. Located in a neighborhood where other comparable homes are listed for over $1.5 million, the home has sweeping views. There's hardwood throughout and the kitchen has loads of cabinetry and built-in shelving. In its current form, the home has 1,500 square feet and 8 rooms. Is the fixer-upper worth it?
? Between the Mission and Potrero Hill, this 3 bedroom, 2 bathroom homes's $995,000 asking price blows the budget; however, it's been on the market for nearly 60 days, so it could be ripe for a price-chop. Located east of Folsom and just above 24th Street, the property has two floors - plus an attic - and a large fenced yard. The main floor has a large remodeled kitchen with stainless, the living room, which is relatively small and closed-off, and one of the bedrooms. The upper floor has the two other bedrooms. There's no dining room.
*Trulia's average for three-bedroom properties sold between July and October 2013 is $917K, but the average price for the three months before that was $999K. We're taking the median of those two sales figures, so that our investigation isn't thrown off by the Fall sales slump.
**Trulia generated this median price with a new algorithm that excludes foreclosures, short sales, and below market rate sales, in order to give the most accurate average possible.