It’s been less than three years since 595 44th Avenue, a four-bedroom, three-bath, 2,200-square-foot home sold for $675,000. That sum looks like milk money on our 2016 market, but it was actually 12.5 percent over the list price at the time.
Now that the Outer Richmond house that's a little over two blocks from Sutro Heights Park is back up for sale, it’s asking nearly $1.69 million, a jump of 150 percent. But it’s not quite the same house anymore, as the listing cites numerous "newer" elements, including double-pane windows, white oak floors, quartz counters, and a couple of skylights. And a Nest thermostat too, naturally. (Because what's a remodel without one?)
The average Outer Richmond home still sells for under $1 million, as Trulia has it, with neighborhood four-bedrooms hovering under $1.3 million at the beginning of the year. The average four-bedroom price citywide is $1.425 million. But the $727 per square foot price tag on this place is actually less than the $847 average for the neighborhood, putting it in that weird phantom zone of being pricey but still somehow a good bargain.
- 595 44th Avenue [Redfin]
- Outer Richmond trends [Trulia]
- San Francisco trends [Trulia]