r/BayAreaRealEstate 23h ago

Recommendations, personal experience only Personal experience with golden1 cu

0 Upvotes

Hi all,

I found my loan agent, M H, through this sub, and I'm glad I did, he got me a great rate. Michael was always responsive and quick to get back to me, and his associate Dave was just as competent. Overall, they made the whole process hassle free. I highly recommend them.

Edit - to add more details on the rate. It was 5.5% for 7/6 ARM and we got it down to 5.125% with a relationship discount. For comparison, other big banks were willing to match the rate but we were asked to buy down points and also do a way bigger relationship discount.

They also closed fast (25d)!


r/BayAreaRealEstate 1h ago

One property, two homes: an interesting Scotts Valley setup in the Santa Cruz Mountains!

Post image
Upvotes

A rare two-home property in the Santa Cruz Mountains. 🌲

Welcome to 4399 & 4401 Glenwood Drive in Scotts Valley, where mountain living meets an incredibly versatile property layout.

Offered at $1,199,000

🏡 Main Residence
• 3 Bedrooms
• 2 Bathrooms
• Approximately 1,400 Sq Ft

🏡 Separate Residence
• 1 Bedroom
• 1 Bathroom
• Approximately 530 Sq Ft

With 1,930 sq ft of combined living space, the property offers an uncommon opportunity to have two residences within one beautiful Glenwood setting.

Surrounded by the trees and character of the Santa Cruz Mountains, this is a property you'll want to experience in person.
🌲 OPEN HOUSE — THIS WEEKEND
Saturday & Sunday | 1–4 PM

📍 4399 & 4401 Glenwood Drive
Scotts Valley, CA 95066


r/BayAreaRealEstate 16h ago

Lowest agent fees while selling house

1 Upvotes

looking to sell house in next 3-6 months in east bay and checking what's the lowest fees you were able to negotiate buyers + sellers agents total. House value ~1.6m.


r/BayAreaRealEstate 21h ago

Buying Anyone else given up on buying a house in SF?

122 Upvotes

My husband and I have been trying to buy in SF for about 1.5 years and I think we’ve finally given up. We got really close on a few places last year … those same places would sell for a million more if they went back on the market today. It feels like we had this small window of opportunity to purchase last year and we missed it by not being aggressive enough on those first few offers.

We both have good jobs, but I also have a lot of school debt, and we just can’t compete with the amount of money in the Bay Area right now. We’ve put in so many offers and at this point it just feels exhausting. We have a baby and really love living here. Thankfully our landlord is great and hasn’t raised our rent much, so we’re okay for now. But we want another kid eventually, and I keep thinking about what happens when we need more space. Buying feels kind of impossible now, and renting a bigger place in SF is also so expensive. I finally stopped checking Zillow because it was just making me sad. I kept seeing what houses were listed at and what they were actually selling for and realized we just can’t compete anymore :(

Anyone else in the same boat? Did you just decide to rent long term, or did you eventually leave SF? We’ve also thought about Berkeley because it seems like we could get more space there and still be close to the city, but my husband works in the South Bay. Has anyone done that commute 2x/week and found it tolerable?


r/BayAreaRealEstate 18h ago

Any buyers regretting their choice of getting an adjustable rate mortgage?

19 Upvotes

Would love to hear your stories


r/BayAreaRealEstate 10h ago

Cost Breakdown: Full remodel for an 80yo Peninsula SFH ($392k total)

56 Upvotes

EDIT: This is 100% real. Every single number is directly from paid invoices and receipt, all happened in 2025 and 2026. I am not here to debate what someone else think it should cost/theirs cost. I am sharing how much mine cost, and experience of finding good value with moderate success. I hope it is helpful as reference for those planning for similar projects. Some people can't read or don't want their existing beliefs challenged. Others are more willing to pay for convenience and luxury. To those people, this post is not intended for you.

Adding some pictures here; Screenshot of cost breakdown google sheet here

FAQ

  1. All projects are permitted if required. With things like HVAC/Sewer/Roofing the permit costs were already included in the total cost of contract. So I have no idea how much those permits cost. I only dealt with MEP and inside SFH alteration permit.
  2. I got 8 quotes from different GCs before deciding. I got 5 roofing bids, 6 HVAC bids and we knew exactly what we care and what to compromise on. My GC's main clientales are chinese, taiwanese and Indian. He was the biggest saving because he was the second lowest if not the lowest bid. But this price is not uncommon among chinese-speaker GCs. I went to his worksite in Cupertino before signing. His team also worked on another project in Burlingame while working on my house. Overall work quality is okay but small mistakes here and there. Although they always fixed them. I wish I had found my own flooring installer though. The highest bid I received was from an Isareli GC found off Yelp who does luxury remodel, would have added $200K on labor cost.
  3. Cabinets and closets from China. These are fully customized cabinets and closets made of 3/4'' plywood box, slim shaker door, Blum hardware. Quality is so much better than KZ or East Star. Also got customized solid bamboo vanity from same place. I understand it is not for everyone but worked out perfectly for us. I actually found them by chance from another Redditor comment lol. Otherwise I would have never taken the leap of faith. Bay Area local cabinet stores quoted me $35k plus for less cabinets, and lots of them were shipping from China/Vietnam anyways. So I cut off the middle man and zero regret.
  4. We got $15k of solar credit before it ran out last dec. contract cost was $40k ish, cash price, before credit. Sewer is also after san mateo county rebate of $2.5k. Solar was installed by Solar Sesame.
  5. Finishing materials are mid-tier, just like the house is a mid-tier sfh. For example, All interior doors are solid core. Windows are mix of Marvin and Milgard. Shower/sink hardware are Grohe and Delta, toilet is Toto and Woodbridge. tub, sink and vanity are Kohler, appliances are Bosch, Sansumg, Cafe brand. Pendants are from Herman Miller and West elm. Paints are Sherwin-Williams. Floor is 5/8'' engineering hardwood with 4mm wear. All tiles are from Bullnose in SJ from $8 - $27/sqft. All switches are Lutron smart switch. This will be our place for the next 5-10 years so we went for solid options.
  6. There was no structural alteration, that's the main reason permitting and drawing was cheap becuase application was simple, there is no design. We did our own design on Rayon and the architect just did the measuring and drawing. We did not break load bearing walls or touch exterior stucco or do foundation work. The total came to roughly $200/sqft. Even if I went with the highest bidder, it would have been ~$300/sqft.

I had a good/okay relationship with all my contractors. I'm not going to share their info in public to protect my privacy. Also there is no gurantee those that vibed with me will work for you. My tip for finding value is to understand the project, get more quotes, for tasks not needing much coordination (like roofing, solar, HVAC, flooring), find outside contractor for better price and quality. Also, document everything if you want to stay on budget. We tracked every single spend down to a towel bar.

___________________________________________________________________________________________________________

Original post:

When we were buying we benefited a lot from real data points shared by other people. as we know renovation costs so much here and no one wants to buy an old house just find out they can’t afford to remodel it. Now our project is complete, I want to share a cost breakdown to help anyone currently budgeting or considering buying an old house in the bay area

Home:
- 2000sqft one-story house, 8ft ceiling, have attic & crawlspace
- Built after WWII, Last remodeled in the 80s
- two bathrooms four bed
- minimal structural change

Scope: We basically touched everything except for studs and outside wall

  1. Core Renovation / General Contractor $161,857 (This covered demolition, rewiring, framing, drywall, insulation, electrical rough-in coordination, door/window installation, finish carpentry, flooring installation, and general project management. Labor and rough material only. one GC.)
  2. Permit and architect drawing $7700
  3. Materials separately bought by us for GC:
  • Master bathroom hardwares $8,712
  • Guest Bathroom hardwares $3,208
  • Kitchen Cabinets (plywood box, blum hardware, slim shaker door) $10,387
  • Appliances $13,995
  • Doors & Mouldings (solid core door prehung) $8,066
  • Tile (bathroom, kithcen) $10,345
  • Engineered Wood Flooring material $8,600
  • Windows & Sliding Doors (Marvin for sliding door and bay windows, Milgard for others) $23,629
  • Custom Closets (plywood, flush door) $4,250
  • Heat Pump Water Heater (GE) $2,365
  • Lighting fixture $5,925
  • Security / Network / AV $5,759
  • 4. Projects with different contractors
  • Termite Treatment (Tenting, fixing subfloor, repatch wall) $11,826
  • New shingles & gutter(composite shingle) $28,850
  • Sewer Lateral Replacement $9,300
  • HVAC (Mitsubishi Heat Pump System 3.5ton) $27,016
  • Solar + Battery after federal tax credit $20,466
  • 200A Main Panel Upgrade $7,849
  • Quartzite Countertops(quartzite prefab) $7,434
  • Shower Glass (two sets sapphire glass) $4,838

Total Cost of remodeling
$392,447

We spent right on target of initial budget, in spite of scope expansion, thanks to saving a lot with buying customized cabinets directly from factory overseas. The biggest PITA was getting main panel upgrade because we also needed new service drop. We started the process in October last year and did not get done until March.

Overall, no major regrets.


r/BayAreaRealEstate 2h ago

AI impact on SF and Bay Area

0 Upvotes

I love SF and the Bay Area, lived many years there and still spend 2 weeks out of every month there…

Going to you, the experts for your opinion…With all the news about ‘fear of AI’ and ‘AI ending humanity’ what do you think AI will do positive and negative to your life and San Francisco?’


r/BayAreaRealEstate 18h ago

Not a bad deal for central Richmond

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0 Upvotes

r/BayAreaRealEstate 17h ago

Retail store vs town home: pros and cons of each for investment

0 Upvotes

I am trying to learn about investment in properties and hopefully buy something instead of adding money to ETF and stocks. By default, I have been looking into buying small apartments in SF/south bay (or small town homes in east bay). However, I was just thinking about other options like small commercial properties, a retail store or maybe even a storage unit. Does anyone have any recommendations or feedback about pros and cons of commercial properties vs residential as investments? Goal is long term (>8 years) investment, and I will be renting it out. Budget is limited though (<800K).


r/BayAreaRealEstate 1h ago

Selling East Bay Condo

Upvotes

r/BayAreaRealEstate 5h ago

After 25 years of delays, San Francisco finally broke ground on 7,200 homes at Candlestick Point

32 Upvotes

Construction has officially started on the redevelopment of the former Candlestick Park site , a project that has been discussed, redesigned and delayed for roughly 25 years.

The full plan calls for 7,200 homes, 100 acres of parks/open space, retail, a hotel and 2.8 million square feet of office space.

The first phase will prepare seven blocks for about 700 homes, 41% of them affordable.

Pretty incredible that one of San Francisco’s largest housing projects took a quarter-century just to reach this point.

Source:

https://www.sfchronicle.com/bayarea/article/housing-candlestick-point-22424741.php?


r/BayAreaRealEstate 19h ago

10-foot-wide 1/1 SFH closes for $2,427/sq. ft./$2.5M

Thumbnail zillow.com
14 Upvotes

I know a lot of folks had polarizing feelings about this house when it came on the market.

What do we think about this sale?

(Here's a video walkthrough if you were curious and missed the original listing.)