Out on brokers’ tour yesterday, I looked in on two homes available in my Noe Valley neighborhood, priced within $2,000 of each other. 731 Douglass (at 24th Street) sold in March 2005 for $1.944 million and a mere $29o,000 in March 1997, when it was a sad-looking 1200 ft marina-style house, with a 6-car garage. Back then:
and now:
In 1999, the owners completely redid the building, right around the same time that my wife and I were remodeling our house just around the corner and converting it from a two-unit building into a single family home. At the time, there weren’t too many larger homes in Noe Valley. Now, everybody seems to be adding floors or building out the basement. ...