Silver Terrace

Why Silver Terrace is a Great Place to Live in San Francisco

Silver Terrace, a quiet yet vibrant neighborhood in the southeastern part of San Francisco, is gaining attention from families and real estate investors alike. Its unique blend of urban convenience, suburban charm, and community-driven spirit makes it an appealing choice for those looking to move to San Francisco or invest in the city's real estate market.

Key Features of Silver Terrace

1. Family-Friendly Atmosphere Silver Terrace is an excellent neighborhood for families. It offers a safe and welcoming environment with a variety of parks, good schools, and a tight-knit community.

  • Schools: The San Francisco Unified School District serves Silver Terrace, and nearby schools consistently receive positive ratings. Families will find solid educational opportunities for their children in the area.

  • Parks and Recreation: Silver Terrace Playground is a central feature, offering sports fields, a baseball diamond, basketball courts, and a children's play area. The nearby Bayview Park also provides additional green space and hiking trails, perfect for weekend outings with the family.

  • Safety: With a crime rating in the 66th percentile, Silver Terrace is considered relatively safe compared to other San Francisco neighborhoods. This makes it an attractive option for families looking for peace of mind when choosing a place to live.

2. Community and Local Activities Silver Terrace has a strong sense of community, with residents actively participating in local events and neighborhood initiatives. Local organizations host regular events, making it a great place for families to connect and engage with neighbors. The neighborhood’s proximity to the Bayview-Hunters Point area also means that residents can access a variety of community-driven activities and initiatives.

3. Real Estate and Investment Opportunities Silver Terrace has a lot to offer when it comes to real estate options, whether you're buying a home or considering an investment.

  • Housing Market: The median listing price for homes in Silver Terrace is approximately $969,000. The area has seen a modest dip in prices recently, with a decrease of around 1.5% year-over-year. However, it remains a strong contender for those seeking affordable homes compared to other parts of San Francisco. The average sale price for homes over the past 12 months was around $1,046,960, showing a 7% increase from the prior year.

  • Investment Potential: Investors looking for potential returns may find Silver Terrace appealing due to its relatively affordable real estate prices and its proximity to up-and-coming areas like Bayview-Hunters Point. As the neighborhood continues to develop, there is strong potential for future appreciation, especially with improvements to public amenities and infrastructure in the surrounding areas.

4. Local Amenities: Restaurants and Shops While Silver Terrace isn’t known for large commercial areas, the neighborhood does offer a variety of local restaurants, shops, and services. Residents can find everything from cozy cafes to neighborhood convenience stores, making daily life more convenient. In addition, nearby commercial hubs like Bayview and the Visitacion Valley provide more extensive shopping and dining options.

Why Live in Silver Terrace?

Silver Terrace is a neighborhood that combines convenience with a family-friendly atmosphere. It offers easy access to major transportation routes, making it ideal for commuters. The area’s real estate market provides both affordable entry points for families and growth potential for investors. With its parks, community spirit, and solid educational options, Silver Terrace presents a well-rounded choice for families and individuals alike.

Bottomline

Interested in learning more about living or investing in Silver Terrace? Contact us today to explore available properties and discover the unique opportunities this neighborhood has to offer.