The Per Square Foot Pricing Myth in Park City, Utah
Posted by Derrik Carlson on
Average Price Per Square Foot Park City, Utah
For the last few years, with the majority of properties sold, the Park City 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 highly inaccurate, dangerous, and CANNOT accurately portray the real value of any property for several reasons. Price per square foot IS accurate and very useful once specific details are known so that we can compare apples to apples.
Below we discuss the four ways that unqualified price per square food DOES NOT account for - you decide if these things might matter.
The two homes on the right are similar in size but…
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