Property Values on Telegraph Hill have appreciated rapidly over the last 10 years. In many cases values have doubled or tripled in a 10 year period. With a finite amount of land (seven miles by seven miles square), San Francisco appreciation rates have been hard to beat. While past appreciation does not guarantee future performance, historically San Francisco real estate has proven to be a very strong bet.
With the relatively recent development of the Ferry Building (reportedly at a cost of $100 million) near the base of Telegraph Hill, the arrival of the Farmer's Market at the Ferry Building and more development ahead, the local San Francisco scene comtinues to improve. Telegraph Hill overlooks the Waterfront and the San Francisco Bay. The waterfront features a rich maritime history and its present dynamic of eateries, farmers market, and cruise ship traffic. The area is fast becoming one of San Francisco's premier destinations.
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