I am going to talk
about price per square foot which is a close second in terms of being able to predict a homes value.
I try to make my clients realize it's not all
about price per square foot.
Not exact matches
(With a
price of $ 240, that's
about $ 30
per square foot.)
This means the current asking
price of a Miami Beach luxury condo listed for sale is
about 42 percent higher than the average transaction
price achieved on a
per - unit basis and nearly 22 percent higher than the average transaction
price on a
per -
square -
foot basis in the first six months of 2017.
And, it seems, the community's concerns
about being
priced out of neighborhoods targeted by the de Blasio administration as oases of affordability are not idle: The Wall Street Journal reports that land
prices in East New York, named by de Blasio as the first neighborhood that would be studied for denser development, have nearly tripled during the first nine months of 2012, rising from $ 32
per square foot last year to $ 93
per square foot this year.
The sticker
price of a home is one thing, but what
about cost
per square foot?
A specialist in the area will be able to tell you
about the location, the average
price per square foot, and know the community inside and out.
At the time, the material cost us
about $ 3.50
per square feet — easily more than sale -
priced hardwood — but it was worth it.
This figure has grown to
about $ 120 BZD
per square feet for an average dwelling or structure due to global increases in the
prices of raw materials, notably, steel.
In the «Ville, start by multiplying your
square footage by the average
price per square foot, which is currently
about $ 85.
On a
per -
square -
foot basis, condos in Hollywood and Fort Lauderdale sell for
about half of Miami Beach's
prices, he said.
Boston real estate agents love to talk
about the
price -
per -
square foot when comparing Boston luxury condos for property values.
Real Capital Analytics estimates that the
price for the 29.4 - million -
square -
foot portfolio is
about $ 270
per square foot.
The property, at 15332 Weddington St. in the Sherman Oaks community of Los Angeles, attracted
about six offers in a matter of weeks and sold for $ 3,195,000 or $ 276.36
per square foot, nearly 17 percent above the sale
price of comparable properties recently sold in the area on a
per -
square -
foot basis.
Rent averaged $ 11.55
per square foot in the first quarter, and the median sales
price this year was
about $ 100
per square foot, according to CoStar Group, a commercial real estate analytics company.