March, 2015 RSS Icon
Found 1 entry for March, 2015.

For the last few years, with the majority of properties sold, the real estate industry has become reliant on using the cost per square foot of a home as a gauge of value.  This tactic soon spread to the public, and is now prevalent in property searches.  This method is however, very dangerous and CANNOT accurately portray the real value of any property for several reasons.  Price per square foot IS accurate and very useful once certain thins are known so that we can compare apples to apples.

Here is what unqualified price per square food DOES NOT account for - you decide if these things might matter.

    1.  Architectural style and shape of the home - the more detail the more the cost.  Slab-on-grade (single story, flat foundation),

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