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March 17, 2009

Mission House Gets Modern Price

Purchased in July 2005 for $1.1M, 2707 21st Street at York enters the market this week with a fresh, modern list price of $1,175,000.

Featuring four bedrooms, two bathrooms, an open floor plan, three-car tandem parking and great Victorian curb appeal, the property offers nice space for those who need more than two bedrooms. But will the few buyers with the means to purchase a $1.2M house in the current market elect to spend their money in the outskirts of The Mission? And of course, the unfortunate factor is that short sales and foreclosures have had an impact on the Mission, cutting into property appreciation.

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