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Originally Posted by memph
I'm not sure how much sense they make in SF proper though. More like the other lower density Bay Area communities (maybe in Sunset and other lower density SF neighbourhoods?). Although 4-6 storey apartment buildings with 10-30 units could still make sense in SF and those are still different from 100+ unit buildings. Generally speaking though I'd say you want a 3x increase in floor space if you're demolishing what was there before.
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Missing middle housing in San Francisco is still feasible. Basically go the DC "pop-up" route - take a 2-3 story house and stick a few extra stories onto it, turning it into a mini-apartment building.
IIRC, DC changed its zoning in 2015 to limit the ability to continue to do this, which is a shame, given local real estate prices.
Quote:
Originally Posted by pdxtex
theres no way in hell id pay 1500 for this in Pittsburgh?? thats cuckoo. id consider purchasing it though. its not the size, its that rent. you can rent new 1 bedrooms in Portland for that much. maybe the developer should shoot for 1000 and see how it goes..
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That's actually pretty normal for new construction apartments in Pittsburgh. it's a pretty bifurcated market, because up until 2010 or so the vast majority of apartment units were dated - either in early/mid 20th century apartment buildings or subdivided houses. The new apartment buildings come at a considerable premium because they offer all sorts of amenities the older buildings lacked.