We started the day with a map that details how 63 percent of San Francisco homes are worth $1 million or more (as in, much, much more). This afternoon, we bring you a map that shows residences that could, conceivably, sell for under $1 million. Before you start laughing, know that we took overbidding into account. These days, in a market like this, nothing is guaranteed—and maybe this is just wishful thinking. However, given that the most expensive homes we picked are $899,000, there's a decent chance they will sell in the neighborhood of their listing price.
To make our list, homes had to be remodeled or (at first glance) easy to remodel (after all, if you have to spend $1 million to fix it up, there's not much of a savings). We took geographic location into account. We also tried to strike a balance between single family homes and units in multi-family buildings. Surprisingly, we found six stand-alone homes that could work.Read More