Houses in San Francisco are notoriously expensive, with the average home price hovering around $1.26 million. It’s no wonder that a fire-ravaged shack priced at $299,000 in one of San Francisco’s southernmost neighborhoods saw at least 20 people tour the property this past weekend, according to The San Francisco Standard.
Potential buyers were asked to sign a liability waiver before stepping foot into the building’s scorched remnants, notes the outlet. The real estate agent representing the property — a “fixer-upper gem” that was reportedly inhabited by squatters before it caught fire — expects it to fetch more than its asking price, too. (All bids were due on Tuesday.)
Of course, buyers in San Francisco are used to even ramshackle buildings costing a small fortune. In early 2022, before many tech workers who left the city amid the pandemic returned, a moldering, a 122-year-old Victorian advertised as the “the worst house on the best block” of San Francisco sold for nearly $2 million.
Source: Techcrunch
