Big Condo Price Tags Attracting Your Parents to the Mission?

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Great news! Your parents might be willing to pay BIG BUCKS to move to the Mission and be closer to you, according to Curbed SF’s post:

The neighborhood’s currently attracting not just the young tech crowd, but an older money set as well. “Their kids live in the neighborhood and they want to live there too,” according to Frank Nolan of realty company Vanguard. “The market is craving this.”

Yay.

The new condo building on 19th and Valencia broke real estate sales records for the Mission. Top units are going for more than $1,400/sq. ft.

If you’re dying to get your hands on one of these pricey places, or are morbidly curious, there are more details HERE, including pictures of what $1,400/sq. ft. will buy you, or mom and dad.

Filed under: Mobile, Today's Mission

2 Comments

  1. Techy!

    Wow…very enlightening

  2. John

    $1,400 per square foot is probably a record for the Mission, but these units have a near perfect location, and will attract buyers.

    Empty nesters returning to the city once their kids move out has been a popular RE theme for a few years now, but typically has been closer to downtown, so that shopping and entertainment destinations can be reached by foot.

    The affluent fifty-plus crowd probably won’t be taking the number 14, and it’s a gritty walk to BART from there, so on-site and secured parking is crucial.

    Looking good . .

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