Thanks to a friend, we finally found an affordable apartment in a good location. As with many places, there are good apartments in good locations (usually expensive), good apartments in bad locations (sketchyyy), and bad apartments in good locations (still expensive). The difference is in San Francisco, a small apartment in a good location could mean 375 square feet for $2,395 per month. Ouch. Kind of hurts just to read it.
If rent is so high, why not buy, you ask?
A 3,048 square foot building, which needs renovations, just sold for $3.801M. That was $1.706M more than the asking price. MORE. If you don't believe me, check out sf.curbed.com or livelovely.com. I just saw a 2 bedroom, 1 bathroom apartment for somewhere around $6500 per month. Not even kidding.
The apartment we found is a one-bedroom apartment, somewhere around 500-600 square feet with a bedroom, bathroom, and kitchen/living area. Of course it isn't the ideal amount of space for 2 adults and 2 animals, but it certainly isn't bad for the amount we'll be paying.
We aren't anticipating spending most of our waking hours in our apartment anyway. With so many places that are walkable and the typical San Francisco nice weather, it becomes a much different situation than having that space in PA, where you have to drive most places and the weather can be rather nasty.
We'll be making the most of the space we do have, especially for storage/organization. Beds with drawers underneath, IKEA closets, organizers, and wall space will all become our best friends very soon.
If you have any suggestions on ways to optimize space, I'm happy to hear them!
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